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5151 3Rd Ave, Los Angeles, CA 90043
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5151 3Rd Ave Los Angeles, CA 90043

$1,050,000
  • 6 Beds
  • 3 Baths
  • 2,398 Sq.Ft.
For Sale
$1,050,000 Get Pre-Qualified
Map preview of 5151 3Rd Ave, Los Angeles, CA 90043

Property Overview: 5151 3Rd Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,398 living square feet and 6,090 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: This triplex in central Los Angeles offers a prime investment opportunity. The front building features an attached duplex, each unit with 2 beds and 1 bath, while a separate 2 bed, 1 bath unit is situated in the rear. Located close to public transportation, this property is ideal for investors or owner-occupiers seeking rental income. Don't miss out on this centrally located gem!

Listed by Laura Uribe | BRE #01305465 | Homeworks Realty
Last checked: 12 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,090
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Triplex
Status
Active
MLS#
BB24127870
City
Los Angeles
County
Los Angeles
Time on Site
86 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,352
  • Total Rent: $1,352
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,946
  • Total Rent: $1,946
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 5151 3Rd Ave

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Property Details for 5151 3Rd Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • Has Fireplace
  • Decorative
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5014025002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Chrenshaw Blvd
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 5151 3Rd Ave

Last sold for $959,000 on July 22nd, 2022

  • June, 2024

  • Jun 25, 2024

    Date

    Active

    CRMLS: BB24127870

    $1,050,000

    Price

  • July, 2022

  • Jul 22, 2022

    Date

    Sold

    CRMLS: 22162823

    $959,000

    Price

  • Jun 2, 2022

    Date

    Active

    CRMLS: 22162823

    $949,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully Renovated 3-Unit Building In The Heart Of L.A With Owners Unit Delivered VACANT. Each Unit Offers 2 Bedrooms And 1 Bath. Front Building Is An Attached Duplex And 3rd Rear Unit Is Detached. Recent Upgrades Include Electrical Panel Boxes, Roof, Central AC & Heat. 2 Units Feature Upgraded Flooring, Cabinets, Countertops, Lighting, Paint, Appliances And More! With In-Unit Laundry, On-Site Parking And Convenient Access To Public Transportation, This Triplex Is Appealing To Renters And Has Lots Of Upside Potential. 1 Unit Is A Well-Maintained Original Condition Unit. Live In 1 And Collect Rents Or Rent All 3 Units. Don't Miss Out On This Investment Opportunity!

  • December, 2016

  • Dec 30, 2016

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • April, 2016

  • Apr 8, 2016

    Date

    Sold (Public Records)

    Public Records

    $383,000

    Price

Show More

Tax History for 5151 3Rd Ave

Assessed Value (2020): $689,785
Year Land Value Improved Value Assessed Value
2020 $413,871 $275,914 $689,785

Home Value Compared to the Market

This property vs the competition

5151 3Rd Ave is listed 12.5% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $437.86 per/sqft which puts the price per square foot 42.99% lower than the median price per square foot for the city of Los Angeles.

About 5151 3Rd Ave

Detailed summary of property

5151 3Rd Ave is a triplex located in Los Angeles, CA 90043 and is currently for sale. This triplex offers 6 bedrooms, 3 bathrooms, roughly 2,398 living square feet, and sits on an approximately 6,090 square foot lot. 5151 3Rd Ave was first listed on ArdentRealEstateGroup.com on June 25, 2024. The homeowner is currently asking $1,050,000. 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 12.5% lower than the median priced home. Local competing homes currently for sale include 5419 S St Andrews Pl, 4805 S St Andrews Pl and 5302 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 106 days, 5151 3Rd Ave has a days on market of 35 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 5151 3Rd Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5151 3Rd Ave

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
2,398
Lot Size
6,089
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
50
APN
5014-025-002

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$623
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$647
Total Inventory
95
Median Sale to List Price %
103.02%
Avg Days on Market
34
Loan Type
Conventional (29.17%), FHA (4.17%), VA (0%), Cash (20.83%), Other (4.17%)

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(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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