5323 Aldama St, Los Angeles, CA 90042
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5323 Aldama St Los Angeles, CA 90042

$900,000 Sold Price as of 12/29/2022
  • 5 Beds
  • 4 Baths
  • 1,985 Sq.Ft.
Sold
$900,000 Sold Price as of 12/29/2022 Refinance Your Mortgage

Map preview of 5323 Aldama St, Los Angeles, CA 90042

Property Overview: 5323 Aldama St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 1,985 living square feet and 6,497 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of ownership and first time on the market in over 40+years! Calling all investors/developers looking for income potential and eager owner-users are also welcome who are ready to create a dream home with the benefit of supplementing your income. Here's an opportunity to own a rare (will be delivered vacant) beautiful craftsman on a huge corner lot with an attached ADU/guest unit located in the scenic hills of Highland Park Heights, in trendy highly sought after Highland Park. The main house is an expansive 3 bedroom 2 bath house w/ a formal foyer that leads you to a light bright living area that boasts original beams w/ a romantic fireplace & elevated formal dining area w/ plenty of room to entertain family & friends. The oversized bedrooms all have huge closets (some are full walk in closets) with storage galore! The attached guest/income unit is a 1 bed/1 bath unit with its own private rear entry way that features its own kitchen. The perfect guest or rental unit! This property beckons to be re-imagined and will surely command high rental income once restored. A newer roof and updated copper/ABS plumbing are featured, all you need is to update cosmetically and earn! The expansive corner lot has endless possibilities with tons of parking that feature a 3 car garage that can be converted to an ADU (verify with the city) to maximize even more earning potential. Mature landscaping provides privacy & surrounds the large backyard, there's no denying the huge potential this property has to offer. The location anchors itself to the bustling northeast LA living with its close proximity to Eagle Rock, Pasadena, DTLA and some of the hottest retail and dining spots in the surrounding neighborhoods of Highland Park. . Come with an open mind and excitement as you realize the opportunity to stake claim and make this Highland Park opportunity all your own. Huge value add and sweat equity opportunity. Perfect for the novice to savvy investor. Call today for a showing as this one surely won't last!

Listed by Rosa A. Garcia | BRE #01373253 | Division One Invst. & Loan
Last checked: 2 minutes ago | Last updated: December 30th, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,497
HOA Dues
$0/mo
Year built
1919
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
22222175
City
Los Angeles
County
Los Angeles
Time on Site
519 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,750
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5323 Aldama St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Dining Room
Room Information
  • Formal Entry, Walk-In Closet
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Shingle
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Yard
Property Information
  • Has View
  • Total # of Units: 2
  • Parcel Number: 5469027009
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Off of Aldama Street & Avenue 54
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Sale History for 5323 Aldama St

Last sold for $900,000 on December 29th, 2022
  • December, 2022

  • Dec 29, 2022

    Date

    Sold

    CRMLS: 22222175

    $900,000

    Price

  • Dec 1, 2022

    Date

    Active

    CRMLS: 22222175

    $1,150,000

    Price

  • August, 2002

  • Aug 20, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 1998

  • Sep 21, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5323 Aldama St

Assessed Value (2020): $304,575
Year Land Value Improved Value Assessed Value
2020 $185,395 $119,180 $304,575

Home Value Compared to the Market

This property vs the competition

5323 Aldama St sold on December 29, 2022 for 3.36% 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 $579.35 per/sqft which puts the price per square foot 23.27% lower than the current median sale per square foot for the city of Los Angeles.

About 5323 Aldama St

Detailed summary of property

5323 Aldama St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 1,985 living square feet, and sits on an approximately 6,497 square foot lot. 5323 Aldama St was first listed on ArdentRealEstateGroup.com on December 2, 2022. The homeowner sold the property for $900,000. 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 3.36% lower than the current median priced home. Local homes that are currently for sale include 2415 Gates St, 2314-2316 Elmgrove St St and 2314-2316 Elmgrove St. While the average home in Los Angeles, CA is selling in 96 days, 5323 Aldama St has a days on market of 5 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 5323 Aldama St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5323 Aldama St

Public county record property details
Beds
4
Baths
2
Year built
1919
Sq. Ft.
1,985
Lot Size
6,496
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5469-027-009

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$721
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
90
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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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.