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5222 Ruthelen St, Los Angeles, CA 90062
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5222 Ruthelen St Los Angeles, CA 90062

$810,000 Sold Price as of 04/17/2020
  • 6 Beds
  • 6 Baths
  • -- Sq.Ft.
Sold
$810,000 Sold Price as of 04/17/2020 Refinance Your Mortgage
Map preview of 5222 Ruthelen St, Los Angeles, CA 90062

Property Overview: 5222 Ruthelen St Los Angeles, CA has 6 bedrooms, 6 bathrooms, -- living square feet and 6,031 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DELIVERED VACANT! Fully remodeled, move-in ready duplex in prime, central location! Two bright, beautiful 2 bed/2 bath units PLUS separate garage that can be converted to ADU for more cash flow. Live in one unit, or rent both. Thoughtful layout! New kitchens with stainless steel appliances and quartz countertops. Upgrades include new electrical, new plumbing, new windows, dual HVAC mini splits, light wide-plank hardwood flooring and recessed lighting. Three off-street parking spaces. Centrally located between Santa Monica and DTLA with easy access to USC, 10 Freeway, downtown Culver City, Expo line and upcoming Crenshaw/LAX line. Own in one of LA's hottest areas!

Listed by Karlyn Nelson | BRE #02051690 | Nationwide Real Estate Execs
Co-listed by Lacy Register | BRE #01980850 | Nationwide Real Estate Executives
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,031
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20562706
City
Los Angeles
County
Los Angeles
Time on Site
1204 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
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.75
  • Gross Scheduled Income: --
  • Net Operating Income: $41,563
  • Gross Operating Income: $52,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5222 Ruthelen St

Interior Features
Cooling Information
  • Has Cooling
  • Dual
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered, Uncovered
Property Information
  • Total # of Units: 2
  • Parcel Number: 5005021023
Location / Neighborhood
Location Information
  • Directions: North of 54th Street. West of Western Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 5222 Ruthelen St

Last sold for $810,000 on April 17th, 2020

  • April, 2020

  • Apr 17, 2020

    Date

    Sold

    CRMLS: 20562706

    $810,000

    Price

  • Mar 24, 2020

    Date

    Active Under Contract

    CRMLS: 20562706

    $779,000

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: 20562706

    $779,000

    Price

  • April, 2020

  • Apr 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $810,000

    Price

  • August, 2019

  • Aug 10, 2019

    Date

    Sold

    CRMLS: 19465244

    $525,000

    Price

  • Jun 18, 2019

    Date

    Pending

    CRMLS: 19465244

    $485,000

    Price

  • May 11, 2019

    Date

    Active

    CRMLS: 19465244

    $485,000

    Price

  • Listing provided courtesy of CRMLS

    LIVE IN ONE UNIT AND RENT THE OTHER OUT!!!! BEAUTIFUL DUPLEX LOCATED IN THE DESIRABLE CHESTERFIELD SQUARE AREA OF LOS ANGELES. THIS PROPERTY IS A ONE STORY DUPLEX. EACH UNIT IS 1 BEDROOM AND 1 BATH. THE OWNER IS CURRENTLY USING THE ENTIRE PROPERTY AS A SINGLE FAMILY RESIDENCE WHICH CAN EASILY BE RESTORED BACK THE ORIGINAL USE BY CLOSING OFF A SINGLE DOOR. EACH UNIT IS FULLY FUNCTIONAL. BOTH KITCHENS AND BATHS IN EACH UNIT HAVE BEEN UPDATED. THE PROPERTY HAS A VERY LARGE BACKYARD AND TWO COVER CARPORTS, ONE FOR EACH UNIT. THERE IS ALSO A GARAGE WHICH HAS BEEN CONVERTED TO A BONUS ROOM WITH A BATH. BONUS ROOM IS UNPERMITTED BUT CAN EASILY BE CONVERTED TO AN ADU UNDER NEW STATE LAWS. THIS PROPERTY HAS ALLOT OF UPSIDE AND WILL GO FAST!!!!

  • August, 2019

  • Aug 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

Show More

Tax History for 5222 Ruthelen St

Assessed Value (2020): $525,000
Year Land Value Improved Value Assessed Value
2020 $475,000 $50,000 $525,000

Home Value Compared to the Market

This property vs the competition

5222 Ruthelen St sold on April 17, 2020 for 25.81% lower than the current median sold price for the city of Los Angeles which is $1,050,000.

About 5222 Ruthelen St

Detailed summary of property

5222 Ruthelen St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 6 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 6,031 square foot lot. 5222 Ruthelen St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $810,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 25.81% lower than the current median priced home. Local homes that are currently for sale include 1726 W 60th St, 1452 W 53rd St and 1532 W 58th St. While the average home in Los Angeles, CA is selling in 96 days, 5222 Ruthelen St has a days on market of 6 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5222 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 5222 Ruthelen St

Public county record property details
Beds
2
Baths
2
Year built
1921
Sq. Ft.
1,500
Lot Size
6,030
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
143
APN
5005-021-023

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.

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