5146 S Main St, Los Angeles, CA 90037
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5146 S Main St Los Angeles, CA 90037

$825,000 Sold Price as of 05/04/2022
  • 15 Beds
  • 25 Baths
  • 4,638 Sq.Ft.
Sold
$825,000 Sold Price as of 05/04/2022 Refinance Your Mortgage

Map preview of 5146 S Main St, Los Angeles, CA 90037

Property Overview: 5146 S Main St Los Angeles, CA has 15 bedrooms, 25 bathrooms, 4,638 living square feet and 6,666 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Unique investment opportunity for both Owner User or Off Site Investor. There four business have been serving the local community for over 8 years. Total lot size is approximately 6,666 square feet. Prime location and visibility. Minutes from Main Street Elementary School. Los Angeles Academy Middle School, Wesley Methodist Church and USC.

Listed by Jackeline Mendez | BRE #02027294 | Realty One Group United
Last checked: 1 minute ago | Last updated: May 13th, 2022 | Source CRMLS | DOM: 100

Home details

Lot Sq. Ft
6,666
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW21001662
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Leased Units: 4
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 3
  • # of Baths: 5
  • Actual Rent: $4,100
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $57,000
  • Net Operating Income: $44,062
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,938

Property Details for 5146 S Main St

Interior Features
Laundry Information
  • Electric Dryer Hookup, Washer Hookup
Exterior Features
Exterior Information
  • Roof: Flat Tile
  • Has Fence
  • Good Condition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 5109005001
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Main and 52nd St, 110 freeway exit on 51 turn left and right to main St
View more facts & features

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Sale History for 5146 S Main St

Last sold for $825,000 on May 4th, 2022
  • April, 2021

  • Apr 16, 2021

    Date

    Active Under Contract

    CRMLS: DW21001662

    $1,035,000

    Price

  • Jan 5, 2021

    Date

    Active

    CRMLS: DW21001662

    $1,035,000

    Price

  • December, 2020

  • Dec 28, 2020

    Date

    Expired

    CRMLS: DW20030151

    $1,035,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: DW20030151

    $1,035,000

    Price

  • Listing provided courtesy of CRMLS

    The "Main Street Investment" Offers a unique Investment Opportunity for both Owner User or Off-site Investor. The Property has a new roof installed in 2019 and offer a decent cash flow which averages cash-on-cash over the project 5-years of more than 10%. A Mixed use including 3 Bedroom 2 baths House plus 4 Commercial Suites. Approx 5.5 Capitalization Rate. Few blocks from USC.

  • January, 2020

  • Jan 2, 2020

    Date

    Canceled

    CRMLS: DW19057886

    $1,078,000

    Price

  • Nov 29, 2019

    Date

    Price Change

    CRMLS: DW19057886

    $1,078,000

    Price

  • Aug 22, 2019

    Date

    Price Change

    CRMLS: DW19057886

    $1,080,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: DW19057886

    $1,090,000

    Price

  • Listing provided courtesy of CRMLS

    Corner Location, Location! Commercial/Retail/mix-use consisting 4 stores in front and at the back a house with 3 beds and 1.5 baths. New roof was installed. Just a few blocks from the University of Southern California (USC). close to Downtown Los Angeles. Close to 110 freeway. Zoned Commercial LAC2. Building square footage 4,638 Lot 6,666. Investment opportunity cap rate of 3.90% with an Upside potential with rents.

  • December, 2019

  • Dec 31, 2019

    Date

    Canceled

    CRMLS: DW19037440

    $1,078,000

    Price

  • Nov 29, 2019

    Date

    Price Change

    CRMLS: DW19037440

    $1,078,000

    Price

  • Aug 22, 2019

    Date

    Price Change

    CRMLS: DW19037440

    $1,080,000

    Price

  • Feb 19, 2019

    Date

    Active

    CRMLS: DW19037440

    $1,090,000

    Price

  • Listing provided courtesy of CRMLS

    Corner Location, Location! Commercial/Retail/mix-use consisting 4 stores in front and at the back has a House with 3 beds and 1.5 baths. it has new roof. Just a few blocks from the University of Southern California (USC). close to Downtown Los Angeles. Close to 110 freeway. Zoned Commercial LAC2. Building square footage 4,638 Lot 6,666. Investment opportunity cap rate of 3.90% with an Upside potential with rents. Please Don't Disturb the tenants. Drive By Only!

  • February, 1995

  • Feb 13, 1995

    Date

    Sold (Public Records)

    Public Records

    $50,000

    Price

  • January, 1995

  • Jan 31, 1995

    Date

    Sold (Public Records)

    Public Records

    $40,000

    Price

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Tax History for 5146 S Main St

Assessed Value (2020): $391,622
Year Land Value Improved Value Assessed Value
2020 $142,822 $248,800 $391,622

Home Value Compared to the Market

This property vs the competition

5146 S Main St sold on May 4, 2022 for 13.03% 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 $223.16 per/sqft which puts the price per square foot 70.44% lower than the current median sale per square foot for the city of Los Angeles.

About 5146 S Main St

Detailed summary of property

5146 S Main St is a mixed use that recently sold in Los Angeles, CA 90037. This mixed use property offered 15 bedrooms, 25 bathrooms, roughly 4,638 living square feet, and sits on an approximately 6,666 square foot lot. 5146 S Main St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $825,000. 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 13.03% lower than the current median priced home. Local homes that are currently for sale include 921 Crocker St #5, 1942 W Jefferson Blvd and 9811 S Vermont Ave. While the average home in Los Angeles, CA is selling in 92 days, 5146 S Main St has a days on market of 100 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 5146 S Main St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5146 S Main St

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
4,638
Lot Size
6,666
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5109-005-001

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), 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.