Search
5081 Borland Rd, Los Angeles, CA 90032
Image 2 for 5081 Borland Rd, Los Angeles, CA 90032
Image 3 for 5081 Borland Rd, Los Angeles, CA 90032
View Photos

5081 Borland Rd Los Angeles, CA 90032

$795,000 Sold Price as of 12/29/2021
  • 4 Beds
  • 4 Baths
  • 2,215 Sq.Ft.
Sold
$795,000 Sold Price as of 12/29/2021 Refinance Your Mortgage
Map preview of 5081 Borland Rd, Los Angeles, CA 90032

Property Overview: 5081 Borland Rd Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,215 living square feet and 5,318 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 5081 Borland Road located in the University Hills Subdivision of Los Angeles. The asset is situated in a primarily residential area surrounded mainly by single-family residences and is in proximity to Cal-State Los Angeles. Tenants enjoy private garage parking as well as a gated entryway. The total of four units are spread across two separate buildings and consist of spacious 1 Bed/1 Bath units. This property offers massive upside in rental income, 70%+, for an investor seeking excellent returns over the years. Each unit is individually metered for gas and electricity. There is minimal landscaping and exterior maintenance required making it easy to operate. The tenants pay for electricity, gas, as well as their own trash and the owner only pays for water and sewer. For an investor seeking a value-add deal with tremendous upside and ease of maintenance, this is the perfect property.

Listed by KRISTOPHER GERMAN | BRE #01800021 | RE/MAX 2000 REALTY
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft
5,318
HOA Dues
$0/mo
Year built
1959
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV21159649
City
Los Angeles
County
Los Angeles
Time on Site
1033 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,169
  • Total Rent: $1,169
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $897
  • Total Rent: $897
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $836
  • Total Rent: $836
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $807
  • Total Rent: $807
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,508
  • Net Operating Income: $24,527
  • Gross Operating Income: $43,173
  • Vacancy Allowance: $1,335
Annual Expense Breakdown
  • Total Operating Expense: $18,646
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,302
  • Trash: $0
  • Insurance: $886
  • Maintenance: $2,159
  • Water/Sewer: $5,700
  • Other Expenses: $600
  • Other Expense Description: Reserves

Property Details for 5081 Borland Rd

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Tandem Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5221001024
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of I-10, East of I-5; Near Intersection of Cavanagh Rd & Borland Rd
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 5081 Borland Rd

Last sold for $795,000 on December 29th, 2021

  • August, 2021

  • Aug 26, 2021

    Date

    Active

    CRMLS: CV21159649

    $795,000

    Price

  • Aug 26, 2021

    Date

    Price Change

    CRMLS: CV21159649

    $795,000

    Price

  • Aug 24, 2021

    Date

    Hold

    CRMLS: CV21159649

    $825,000

    Price

  • Jul 21, 2021

    Date

    Active

    CRMLS: CV21159649

    $825,000

    Price

  • February, 2021

  • Feb 23, 2021

    Date

    Expired

    CRMLS: DW20246415

    $749,900

    Price

  • Feb 11, 2021

    Date

    Price Change

    CRMLS: DW20246415

    $749,900

    Price

  • Dec 24, 2020

    Date

    Price Change

    CRMLS: DW20246415

    $789,900

    Price

  • Nov 25, 2020

    Date

    Active

    CRMLS: DW20246415

    $790,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Buyers, Investors! Cash Flow, Cash Flow! 4 Units in excellent area. All 1 bedroom with 1 car garage each unit. Community Laundry room. Near freeways, schools and shopping centers.

  • December, 2003

  • Dec 11, 2003

    Date

    Sold (Public Records)

    Public Records

    $296,000

    Price

  • December, 2002

  • Dec 27, 2002

    Date

    Sold (Public Records)

    Public Records

    $168,000

    Price

Show More

Tax History for 5081 Borland Rd

Assessed Value (2020): $385,741
Year Land Value Improved Value Assessed Value
2020 $260,003 $125,738 $385,741

Home Value Compared to the Market

This property vs the competition

5081 Borland Rd sold on December 29, 2021 for 33.19% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $358.92 per/sqft which puts the price per square foot 52.46% lower than the current median sale per square foot for the city of Los Angeles.

About 5081 Borland Rd

Detailed summary of property

5081 Borland Rd is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,215 living square feet, and sits on an approximately 5,318 square foot lot. 5081 Borland Rd was first listed on ArdentRealEstateGroup.com on July 21, 2021. The homeowner sold the property for $795,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.19% lower than the current median priced home. Local homes that are currently for sale include 4233 Michigan Ave, 2719 Alta St and 2530 Ganahl St. While the average home in Los Angeles, CA is selling in 92 days, 5081 Borland Rd has a days on market of 86 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 5081 Borland Rd Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5081 Borland Rd

Public county record property details
Beds
5
Baths
5
Year built
1959
Sq. Ft.
2,215
Lot Size
5,318
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
124
APN
5221-001-024

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$858,000
Median List Price/Sq.Ft.
$662
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
68
Median Sale to List Price %
93.75%
Avg Days on Market
20
Loan Type
Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 5081 Borland Rd

Nearby Homes for Sale

4552 Catalpa St, Los Angeles, CA 90032
$849,000
5 Beds
2 Baths
-- Sq.Ft.
4552 Catalpa St
Los Angeles, CA 90032
3406 Pueblo Ave, Los Angeles, CA 90032
$799,950
6 Beds
3 Baths
2498 Sq.Ft.
3406 Pueblo Ave
Los Angeles, CA 90032
5363 Edna St, Los Angeles, CA 90032
$899,000
4 Beds
3 Baths
1847 Sq.Ft.
5363 Edna St
Los Angeles, CA 90032
4320 Beagle St, Los Angeles, CA 90032
$789,000
4 Beds
3 Baths
1525 Sq.Ft.
4320 Beagle St
Los Angeles, CA 90032
1086 N Bonnie Beach Pl, Los Angeles, CA 90063
$725,000
5 Beds
3 Baths
2355 Sq.Ft.
1086 N Bonnie Beach Pl
Los Angeles, CA 90063
1164 N Rowan Ave, Los Angeles, CA 90063
$899,000
4 Beds
2 Baths
2545 Sq.Ft.
1164 N Rowan Ave
Los Angeles, CA 90063
3940 Dobinson St, Los Angeles, CA 90063
$899,000
9 Beds
0 Baths
3166 Sq.Ft.
3940 Dobinson St
Los Angeles, CA 90063
3862 N Broadway, Los Angeles, CA 90031
$697,000
4 Beds
3 Baths
1764 Sq.Ft.
3862 N Broadway
Los Angeles, CA 90031
2105 Keith St, Los Angeles, CA 90031
$799,900
4 Beds
4 Baths
3133 Sq.Ft.
2105 Keith St
Los Angeles, CA 90031
3149 Fairmount St, Los Angeles, CA 90063
$749,900
4 Beds
3 Baths
1872 Sq.Ft.
3149 Fairmount St
Los Angeles, CA 90063
923 N Alma Ave, Los Angeles, CA 90063
$905,000
5 Beds
2 Baths
1880 Sq.Ft.
923 N Alma Ave
Los Angeles, CA 90063
2641 Pomeroy Ave, Los Angeles, CA 90033
$945,988
4 Beds
4 Baths
2146 Sq.Ft.
2641 Pomeroy Ave
Los Angeles, CA 90033

Recently Sold Homes Near 5081 Borland Rd

5123 Cavanagh Rd, Los Angeles, CA 90032
$727,500 Last Sold Price
0 Beds
0 Baths
2656 Sq.Ft.
5123 Cavanagh Rd
Los Angeles, CA 90032
5030 Valley, Los Angeles, CA 90032
$1,988,636 Last Sold Price
2 Beds
14 Baths
5386 Sq.Ft.
5030 Valley
Los Angeles, CA 90032
5023 Cavanagh Rd, Los Angeles, CA 90032
$1,136,364 Last Sold Price
0 Beds
8 Baths
3634 Sq.Ft.
5023 Cavanagh Rd
Los Angeles, CA 90032
5129 Alhambra Ave, Los Angeles, CA 90032
$508,000 Last Sold Price
4 Beds
2 Baths
-- Sq.Ft.
5129 Alhambra Ave
Los Angeles, CA 90032

Related Resources to 5081 Borland Rd

New Listings in 90032
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote