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5123 Hermosa Ave, Los Angeles, CA 90041
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5123 Hermosa Ave Los Angeles, CA 90041

$1,300,000 Sold Price as of 09/21/2021
  • 6 Beds
  • 6 Baths
  • 1,104 Sq.Ft.
Sold
$1,300,000 Sold Price as of 09/21/2021 Refinance Your Mortgage
Map preview of 5123 Hermosa Ave, Los Angeles, CA 90041

Property Overview: 5123 Hermosa Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 1,104 living square feet and 9,184 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: VACANT, ready to go, and priced to sell - Incredible investment/development opportunity in the highly sought-after location of Eagle Rock, just north of Colorado Blvd. The existing (legal) triplex sits on a just under 9,200 sq. ft. R1 lot, providing the potential to earn income while still developing the lot by adding an ADU. OR if you want to build a larger home, you can start fresh on this massive lot. Unbeatable location, walking distance to all of Eagle Rock's hotspots along Colorado Blvd, including Colombo's, S'work Coffee, The Oinkster, Relentless Brewing & Spirits, Cindy's, Four Cafe, Taco Spot, Milkfarm, PienCone Pizza, Penny Oven, Big Mamas n Papas, Colorado Donuts, Little Beast, Malbec, CaCao Mexicatessen, Casa Bianca Pizza, & grocery stores Trader Joe's & Sprouts. Close to Occidental college, Dodger Stadium, & the Rose Bowl.

Listed by Brad Keyes | BRE #01857106 | Keyes Real Estate
Co-listed by Joshua Stein-Sapir | BRE #01979910 | Keyes Real Estate
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 200

Home details

Lot Sq. Ft
9,184
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21684264
City
Los Angeles
County
Los Angeles
Time on Site
1335 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $72,000
  • Gross Operating Income: $72,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 5123 Hermosa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Electric
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5669025004
  • Architectural Style: Traditional
Location / Neighborhood
Location Information
  • Directions: Just north of Colorado Boulevard, south of Las Flores.
View more facts & features

Local Los Angeles Agent

Sale History for 5123 Hermosa Ave

Last sold for $1,300,000 on September 21st, 2021

  • August, 2021

  • Aug 11, 2021

    Date

    Pending

    CRMLS: 21684408

    $999,000

    Price

  • Jul 28, 2021

    Date

    Price Change

    CRMLS: 21684408

    $999,000

    Price

  • Jun 30, 2021

    Date

    Price Change

    CRMLS: 21684408

    $1,249,000

    Price

  • Jun 7, 2021

    Date

    Active

    CRMLS: 21684408

    $1,299,995

    Price

  • May 21, 2021

    Date

    Active Under Contract

    CRMLS: 21684408

    $1,299,995

    Price

  • Jan 25, 2021

    Date

    Active

    CRMLS: 21684408

    $1,299,995

    Price

  • Listing provided courtesy of CRMLS

  • August, 2021

  • Aug 11, 2021

    Date

    Pending

    CRMLS: 21684264

    $999,000

    Price

  • Jul 28, 2021

    Date

    Price Change

    CRMLS: 21684264

    $999,000

    Price

  • Jun 30, 2021

    Date

    Price Change

    CRMLS: 21684264

    $1,249,000

    Price

  • Jun 7, 2021

    Date

    Active

    CRMLS: 21684264

    $1,299,995

    Price

  • May 21, 2021

    Date

    Active Under Contract

    CRMLS: 21684264

    $1,299,995

    Price

  • Jan 23, 2021

    Date

    Active

    CRMLS: 21684264

    $1,299,995

    Price

Show More

Tax History for 5123 Hermosa Ave

Assessed Value (2020): $128,591
Year Land Value Improved Value Assessed Value
2020 $92,968 $35,623 $128,591

Home Value Compared to the Market

This property vs the competition

5123 Hermosa Ave sold on September 21, 2021 for 10.8% 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 $904.89 per/sqft which puts the price per square foot 24.98% higher than the current median sale per square foot for the city of Los Angeles.

About 5123 Hermosa Ave

Detailed summary of property

5123 Hermosa Ave is a multi family that recently sold in Los Angeles, CA 90041. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 1,104 living square feet, and sits on an approximately 9,184 square foot lot. 5123 Hermosa Ave was first listed on ArdentRealEstateGroup.com on January 24, 2021. The homeowner sold the property for $1,300,000. 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 10.8% lower than the current median priced home. Local homes that are currently for sale include 5938 E Echo St, 148 S Avenue 53 and 311 S Avenue 59. While the average home in Los Angeles, CA is selling in 106 days, 5123 Hermosa Ave has a days on market of 200 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 5123 Hermosa Ave Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5123 Hermosa Ave

Public county record property details
Beds
3
Baths
3
Year built
1922
Sq. Ft.
1,104
Lot Size
9,183
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
5669-025-004

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$776
Median Sold Price
$1,460,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
44
Median Sale to List Price %
97.4%
Avg Days on Market
25
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (23.53%), Other (17.65%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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