5105 Meridian St, Los Angeles, CA 90042
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5105 Meridian St Los Angeles, CA 90042

$1,025,000 Sold Price as of 09/25/2023
  • 4 Beds
  • 3 Baths
  • 2,079 Sq.Ft.
Sold
$1,025,000 Sold Price as of 09/25/2023 Refinance Your Mortgage

Map preview of 5105 Meridian St, Los Angeles, CA 90042

Property Overview: 5105 Meridian St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,079 living square feet and 5,230 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity to purchase 2 homes in Highland Park just one block away from York! The property consists of a 3b 2b charming 1923 Craftsman (1529 sq ft), 1b 1b back house (550 sq ft), and a 1 car garage. The two story main house was recently painted, gets tons of natural light, and new roofs were installed on all structures in 2022. The main house and back house each have their own utility hookups, washer and dryer, and private outdoor spaces. The main house's large open floor-plan is just waiting for a creative owner to unlock its true potential, and plant their roots in one of the hottest strips in Los Angeles. Recent updates include new carpet, new furnace, as well as 9 new windows, new drywall, and new insulation in the upstairs back bedroom. Walkable to Town Pizza, Donut Friend, Belle's Bagels, Kumquat Coffee, Joy, and so much more that this coveted strip of Highland Park has to offer.

Listed by Ryan Sypek | BRE #01949108 | Compass
Co-listed by Michael Wells | BRE #02082649 | Compass
Last checked: 9 minutes ago | Last updated: September 28th, 2023 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
5,230
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23295062
City
Los Angeles
County
Los Angeles
Time on Site
419 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Other Income 1: $9,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5105 Meridian St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5479028014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: 1 block North of York between Ave 51 and Ave 52
View more facts & features

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Sale History for 5105 Meridian St

Last sold for $1,025,000 on September 25th, 2023
  • September, 2023

  • Sep 25, 2023

    Date

    Sold

    CRMLS: 23295062

    $1,025,000

    Price

  • Jul 31, 2023

    Date

    Active

    CRMLS: 23295062

    $1,200,000

    Price

  • July, 2020

  • Jul 22, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5105 Meridian St

Assessed Value (2020): $40,066
Year Land Value Improved Value Assessed Value
2020 $19,699 $20,367 $40,066

Home Value Compared to the Market

This property vs the competition

5105 Meridian St sold on September 25, 2023 for 8.48% lower 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 $493.03 per/sqft which puts the price per square foot 31.9% lower than the current median sale per square foot for the city of Los Angeles.

About 5105 Meridian St

Detailed summary of property

5105 Meridian St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,079 living square feet, and sits on an approximately 5,230 square foot lot. 5105 Meridian St was first listed on ArdentRealEstateGroup.com on July 28, 2023. The homeowner sold the property for $1,025,000. 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 8.48% lower than the current median priced home. Local homes that are currently for sale include 6442 Roble Ave, 4208 Griffin Ave and 401 W Avenue 37. While the average home in Los Angeles, CA is selling in 106 days, 5105 Meridian St has a days on market of 31 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 5105 Meridian St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5105 Meridian St

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,529
Lot Size
5,229
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5479-028-014

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$800
Median Sold Price
$1,210,001
Median Sold Price/Sq.Ft.
$863
Total Inventory
112
Median Sale to List Price %
121.12%
Avg Days on Market
29
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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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.