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5059 W 20Th St, Los Angeles, CA 90016
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5059 W 20Th St Los Angeles, CA 90016

$2,395,000 Sold Price as of 09/08/2022
  • 7 Beds
  • 10 Baths
  • 5,837 Sq.Ft.
Sold
$2,395,000 Sold Price as of 09/08/2022 Refinance Your Mortgage
Map preview of 5059 W 20Th St, Los Angeles, CA 90016

Property Overview: 5059 W 20Th St Los Angeles, CA has 7 bedrooms, 10 bathrooms, 5,837 living square feet and 9,683 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Monthly income is $16,330 .PRICE REDUCED BY 400K. Storage is rented for $2200.. This apartment building built in 1947, contains two separate buildings comprising of two stories of stucco and wood-frame construction. The property is approximately 5,837 square feet, sitting on a lot the size of 9,757 square feet and offers both on-site parking and storage space. The unit mix consists of one studio, two singles and seven one-bedroom/one-bathroom units. In addition, the property offers decks for some of the units and a common area between the two buildings that can be accessed by all tenants. With its close proximity to the 10 Freeway and the Westside, this property offers tenants an attractive location coupled with convenient access to Freeway and bus lines for work or school. Tenants are also close to the entertainment and business centers of Santa Monica, The Grove, and Downtown Los Angeles. Due to the high rental demand of the mid-city area, owners have historically achieved good rents with long-term rental growth and high occupancy levels.

Listed by Shawn Mehrannia | BRE #01874025 | Home Team Realty
Last checked: 1 minute ago | Last updated: September 9th, 2022 | Source CRMLS | DOM: 120

Home details

Lot Sq. Ft
9,683
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22133913
City
Los Angeles
County
Los Angeles
Time on Site
925 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $10,050
  • Total Rent: $10,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,096
  • Total Rent: $1,096
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,745
  • Total Rent: $2,745
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.25
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5059 W 20Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
Property Information
  • No View
  • View: None
  • Total # of Units: 10
  • Parcel Number: 5062006004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located 2 blocks southwest of the intersection of South La Brea Avenue and West Washington Boulevard
View more facts & features

Local Los Angeles Agent

Sale History for 5059 W 20Th St

Last sold for $2,395,000 on September 8th, 2022

  • September, 2022

  • Sep 8, 2022

    Date

    Sold

    CRMLS: 22133913

    $2,395,000

    Price

  • Mar 6, 2022

    Date

    Active

    CRMLS: 22133913

    $2,895,000

    Price

  • February, 2012

  • Feb 28, 2012

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

  • August, 2008

  • Aug 20, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5059 W 20Th St

Assessed Value (2020): $895,827
Year Land Value Improved Value Assessed Value
2020 $493,854 $401,973 $895,827

Home Value Compared to the Market

This property vs the competition

5059 W 20Th St sold on September 8, 2022 for 113.84% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $410.31 per/sqft which puts the price per square foot 43.33% lower than the current median sale per square foot for the city of Los Angeles.

About 5059 W 20Th St

Detailed summary of property

5059 W 20Th St is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 7 bedrooms, 10 bathrooms, roughly 5,837 living square feet, and sits on an approximately 9,683 square foot lot. 5059 W 20Th St was first listed on ArdentRealEstateGroup.com on March 9, 2022. The homeowner sold the property for $2,395,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 113.84% higher than the current median priced home. Local homes that are currently for sale include 1349 S Hudson Ave, 1146 S Stanley Ave and 1032 S Orange Dr. While the average home in Los Angeles, CA is selling in 106 days, 5059 W 20Th St has a days on market of 120 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5059 W 20Th St Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5059 W 20Th St

Public county record property details
Beds
7
Baths
10
Year built
1947
Sq. Ft.
5,837
Lot Size
9,750
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1030
APN
5062-006-004

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
80
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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