5065 Bangor St, Los Angeles, CA 90016
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5065 Bangor St Los Angeles, CA 90016

$849,900
  • 8 Beds
  • 6 Baths
  • -- Sq.Ft.
For Sale
$849,900 Get Pre-Qualified

Map preview of 5065 Bangor St, Los Angeles, CA 90016

Property Overview: 5065 Bangor St Los Angeles, CA has 8 bedrooms, 6 bathrooms, -- living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Take advantage of a significant price reduction on this unique property. Featuring two duplexes on a single lot. Located near a new freeway and public transportation options, this property ensures excellent accessibility, making it attractive to both tenants and investors. All units are currently occupied by tenants receiving Section 8 housing assistance, guaranteeing a reliable rental income. The property is being sold As-Is, and prospective buyers are encouraged to review available termite and roof inspection reports on disclosures.io. To respect tenant privacy, please do not disturb the occupants. Offers should be made contingent on thorough inspections. This quadruplex presents a fantastic investment opportunity in a prime Los Angeles location, with strong potential for stable returns and long-term growth in the thriving real estate market.

Listed by Kennard McLeod | BRE #01276388 | MetroCity Realty
Co-listed by Monica Hathaway | BRE #01382216 | Century 21 Allstars
Last checked: 1 minute ago | Last updated: September 19th, 2024 | Source CRMLS | DOM: 93

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
41061136
City
Los Angeles
County
Los Angeles
Time on Site
114 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: $1,560
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Total Rent: $1,155
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,291
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Total Rent: $1,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: $65,472
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5065 Bangor St

Interior Features
Cooling Information
  • No Cooling
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood, Laminate, Carpet
Kitchen Information
  • Has Appliances
Exterior Features
Exterior Information
  • Roof: Shingle, Tar/Gravel
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Source: Public Records
Property Information
  • Total # of Units: 4
  • Parcel Number: 5062014014
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
Location / Neighborhood
Location Information
  • Directions: La Brea Ave to W. 23rd St to Mansfield Ave Cross Street: W. 23rd St.
View more facts & features

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Sale History for 5065 Bangor St

View property's historical transactions
  • May, 2024

  • May 28, 2024

    Date

    Active

    CRMLS: 41061136

    $1,300,000

    Price

Tax History for 5065 Bangor St

Assessed Value (2020): $412,577
Year Land Value Improved Value Assessed Value
2020 $269,479 $143,098 $412,577

Home Value Compared to the Market

This property vs the competition

5065 Bangor St is listed 29.18% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 5065 Bangor St

Detailed summary of property

5065 Bangor St is a fourplex located in Los Angeles, CA 90016 and is currently for sale. This fourplex offers 8 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 5,999 square foot lot. 5065 Bangor St was first listed on ArdentRealEstateGroup.com on May 28, 2024. The homeowner is currently asking $849,900 and was originally asking $1,300,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.18% lower than the median priced home. Local competing homes currently for sale include 5441 Smiley Dr, 3721 Exposition Blvd and 3023-3025 Obama Blvd. While the average home in Los Angeles, CA is selling in 106 days, 5065 Bangor St has a days on market of 93 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 5065 Bangor 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 5065 Bangor St

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
3,276
Lot Size
5,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
772
APN
5062-014-014

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.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
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%)

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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.