5162 Ruthelen St, Los Angeles, CA 90062
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5162 Ruthelen St Los Angeles, CA 90062

$939,000
  • 4 Beds
  • 3 Baths
  • 2,428 Sq.Ft.
For Sale
$939,000 Get Pre-Qualified

Map preview of 5162 Ruthelen St, Los Angeles, CA 90062

Property Overview: 5162 Ruthelen St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,428 living square feet and 6,030 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: INCREDIBLE INVESTMENT OPPORTUNITY Investors + Owner occupants, this is the one you've been waiting for! Stunning Spanish side-by-side duplex offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. This duplex is renovated and fully occupied with potential for one unit to be delivered vacant. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a remodeled kitchen + baths with composite hardwood and character tile throughout. Private backyards lead to separate 1-car garages for each unit with convenient alley access. Close proximity to shopping and dining at USC Village. Museums, concerts and matches at BMO Stadium are a breeze with connections to the Metro Line for quick and easy transportation. Don't miss this! NOTE: If you are interested in additional properties, this is one of five multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5419 S St Andrews Pl, 5166 S Manhattan Pl, 5715 S Manhattan Pl and 5722 S Manhattan Pl. If you are interested in the portfolio, please reach out.

Listed by Karlyn Nelson | BRE #02051690 | Compass
Co-listed by Lacy Register | BRE #01980850 | Compass
Last checked: 15 minutes ago | Last updated: February 17th, 2024 | Source CRMLS | DOM: 78
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Home details

Lot Sq. Ft
6,030
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24347893
City
Los Angeles
County
Los Angeles
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,288
  • Total Rent: $2,288
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,498
  • Total Rent: $1,498
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.8%
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $36,196
  • Gross Operating Income: $45,432
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5162 Ruthelen St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Combination
Laundry Information
  • Has Laundry
  • Stackable
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Range, Oven
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: Uncovered, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5015009015
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Slauson, South of Vernon, East of Arlington, West of Western
View more facts & features

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Sale History for 5162 Ruthelen St

Last sold for $560,000 on January 9th, 2019
  • January, 2024

  • Jan 17, 2024

    Date

    Active

    CRMLS: 24347893

    $939,000

    Price

  • January, 2024

  • Jan 15, 2024

    Date

    Expired

    CRMLS: 23291439

    $939,000

    Price

  • Aug 17, 2023

    Date

    Active

    CRMLS: 23291439

    $949,000

    Price

  • Listing provided courtesy of CRMLS

    Investors + Owner occupants, this is the one you've been waiting for! Stunning Spanish side-by-side duplex offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. This duplex is renovated and fully occupied with potential for one unit to be delivered vacant. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a remodeled kitchen + baths with composite hardwood and character tile throughout. Private backyards lead to separate 1-car garages for each unit with convenient alley access. Close proximity to shopping and dining at USC Village. Museums, concerts and matches at BMO Stadium are a breeze with connections to the Metro Line for quick and easy transportation. Don't miss this! NOTE: If you are interested in additional properties, this is one of five multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5419 S St Andrews Pl, 5166 S Manhattan Pl, 5715 S Manhattan Pl and 5722 S Manhattan Pl. If you are interested in the portfolio, please reach out.

  • November, 2022

  • Nov 25, 2022

    Date

    Expired

    CRMLS: SR22109947

    $949,000

    Price

  • Jun 1, 2022

    Date

    Active

    CRMLS: SR22109947

    $949,000

    Price

  • Listing provided courtesy of CRMLS

    Investors + Owner occupants, this is the one you’ve been waiting for! Stunning Spanish side by side located minutes from DTLA and Culver City. This duplex is newly renovated and fully occupied. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a newly remodeled kitchen + baths with composite hardwood and character tile throughout. Private backyards lead to separate 1 car garages for each unit with convenient alley access. Close proximity to shopping and dining at USC Village. Museums, concerts and matches at Banc of CA stadium are a breeze with connections to the Metro Line for quick and easy transportation, don’t miss this!

  • November, 2022

  • Nov 24, 2022

    Date

    Expired

    CRMLS: SR22199237

    $965,000

    Price

  • Sep 12, 2022

    Date

    Active

    CRMLS: SR22199237

    $965,000

    Price

  • Listing provided courtesy of CRMLS

    Investors + Owner occupants, this is the one you’ve been waiting for! Stunning Spanish side by side located minutes from DTLA and Culver City. This duplex is newly renovated and fully occupied. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a newly remodeled kitchen + baths with composite hardwood and character tile throughout. Private backyards lead to separate 1 car garages for each unit with convenient alley access. Close proximity to shopping and dining at USC Village, West Adams + DTLA. Museums, concerts, and matches at Banc of CA stadium are a breeze with connections to the Metro Line for quick and easy transportation. This central location can't be beat!

  • November, 2022

  • Nov 24, 2022

    Date

    Expired

    CRMLS: SR22199556

    $965,000

    Price

  • Sep 14, 2022

    Date

    Active

    CRMLS: SR22199556

    $965,000

    Price

  • Listing provided courtesy of CRMLS

    Investors + Owner occupants, this is the one you’ve been waiting for! Stunning Spanish side by side located minutes from DTLA and Culver City. This duplex is newly renovated and fully occupied. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a newly remodeled kitchen + baths with composite hardwood and character tile throughout. Private backyards lead to separate 1 car garages for each unit with convenient alley access. Close proximity to shopping and dining at USC Village, West Adams + DTLA. Museums, concerts and matches at Banc of CA stadium are a breeze with connections to the Metro Line for quick and easy transportation. This central location can't be beat!

  • September, 2019

  • Sep 7, 2019

    Date

    Expired

    CRMLS: SB19184137

    $770,000

    Price

  • Aug 2, 2019

    Date

    Active

    CRMLS: SB19184137

    $770,000

    Price

  • Listing provided courtesy of CRMLS

    Absolutely stunning Turnkey Duplex located on one of the most beautiful Palm Tree-lined streets in Los Angeles. Newly renovated with gorgeous hardwood floors, roof, and paint inside and out! Updated Plumbing, Electrical, HVAC System and Tank-less Water Heater. Beautiful tile throughout completely redone Kitchen and Bath. Each unit has their own individual 1 Car Garage and Private Backyard. One unit is 2 Bedroom 2 Bath with potential rent of $2500-$2700 currently and ready for buyer occupancy or a tenant. Other unit is 2 Bedroom 1 Bath and currently rented at $1452 per month.

  • January, 2019

  • Jan 12, 2019

    Date

    Sold

    CRMLS: 18391952

    $560,000

    Price

  • Dec 28, 2018

    Date

    Pending

    CRMLS: 18391952

    $600,000

    Price

  • Nov 5, 2018

    Date

    Active

    CRMLS: 18391952

    $600,000

    Price

  • Oct 19, 2018

    Date

    Pending

    CRMLS: 18391952

    $600,000

    Price

  • Oct 3, 2018

    Date

    Active

    CRMLS: 18391952

    $600,000

    Price

  • Listing provided courtesy of CRMLS

    Well Maintained, recently update property. Located adjacent to Leimert Park. This property consists of 2 units, one (2) bedroom/1 bath and one (3) bedroom/1 bath. Each unit has its own backyard and laundry in unit. Great cash flow property. An absolute must see property with fantastic curb appeal. This property will go FAST. Perfect opportunity to buy a property with market and above market rents already in place or look at property for owner use. Close to shopping, centrally located, come invest in an upcoming area in Los Angeles.

  • January, 2019

  • Jan 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • May, 2013

  • May 13, 2013

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

Show More

Tax History for 5162 Ruthelen St

Assessed Value (2020): $571,200
Year Land Value Improved Value Assessed Value
2020 $306,000 $265,200 $571,200

Home Value Compared to the Market

This property vs the competition

5162 Ruthelen St is listed 23.35% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $386.74 per/sqft which puts the price per square foot 50.03% lower than the median price per square foot for the city of Los Angeles.

About 5162 Ruthelen St

Detailed summary of property

5162 Ruthelen St is a multi family located in Los Angeles, CA 90062 and is currently for sale. This multi family property offers 4 bedrooms, 3 bathrooms, roughly 2,428 living square feet, and sits on an approximately 6,030 square foot lot. 5162 Ruthelen St was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $939,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 23.35% lower than the median priced home. Local competing homes currently for sale include 1601 W 59th Pl, 6131 S Hobart Blvd and 2722 W 43rd Pl. While the average home in Los Angeles, CA is selling in 96 days, 5162 Ruthelen St has a days on market of 78 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 5162 Ruthelen St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5162 Ruthelen St

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
2,428
Lot Size
6,030
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
153
APN
5015-009-015

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), 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.