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5326 Packard St, Los Angeles, CA 90019
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5326 Packard St Los Angeles, CA 90019

$1,836,000 Sold Price as of 12/18/2023
  • 7 Beds
  • 7 Baths
  • 4,452 Sq.Ft.
Sold
$1,836,000 Sold Price as of 12/18/2023 Refinance Your Mortgage
Map preview of 5326 Packard St, Los Angeles, CA 90019

Property Overview: 5326 Packard St Los Angeles, CA has 7 bedrooms, 7 bathrooms, 4,452 living square feet and 6,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: New Price and Excellent Value for this wonderful 7-unit Wilshire Vista property located on a quiet residential street consists of 2 structures with 4 units in the front building and 3 units in the back building. Packard is a tree-lined street surrounded by gorgeous 1920s architecture and this building sits just streets away from Wilshire Vista West, recently identified as a Historic District. This centrally located and diverse community is highly desirable due to its proximity to the rest of Los Angeles including Miracle Mile, Mid-Wilshire, Mid-City, Koreatown, Downtown Los Angeles, Pico-Robertson, Century City, Larchmont, Hancock Park, and the 10 freeway is just minutes away. This vibrant area has some of the most popular art venues, cafes/restaurants, and shopping. And, with a 90 walk score and 78 bike score, you are close by such places as the Powerplant, The Sycamore Kitchen, Roscoe's House of Chicken and Waffles, Hansen's Cakes, Milk Jar Cookies, Magee's Donuts, Lucy's Mexican Drive-in, Tacos 1986, Malibu Fish Grill or burgers from Earle's On Crenshaw. Additionally, notable landmarks are nearby, including the Petersen Museum, the Los Angeles County Museum of Art, La Brea Tar Pits, the Grove, the Pavilion for Japanese Art, and the La Brea Tar Pits and Museum. Drive by only; property shown with an accepted offer. Please do not disturb the tenants.

Listed by Laura Klein | BRE #01435968 | KRE + Associates
Last checked: 17 seconds ago | Last updated: December 18th, 2023 | Source CRMLS | DOM: 205

Home details

Lot Sq. Ft
6,300
HOA Dues
$0/mo
Year built
1942
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23267825
City
Los Angeles
County
Los Angeles
Time on Site
349 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 7
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,895
  • Total Rent: $1,895
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,530
  • Total Rent: $1,530
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: 12.2
  • Gross Scheduled Income: --
  • Net Operating Income: $109,566
  • Gross Operating Income: $155,629
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 5326 Packard St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • 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: 5
  • Has Parking
  • Parking Features: Uncovered, Garage - Two Door
Lot Information
  • Lot Features: Lawn, Landscaped
  • Lot Size Source: Appraiser
Property Information
  • Total # of Units: 7
  • Parcel Number: 5085035018
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Pico, South of San Vicente, East of Burnside, West of Cochran
View more facts & features

Local Los Angeles Agent

Sale History for 5326 Packard St

Last sold for $1,836,000 on December 18th, 2023

  • December, 2023

  • Dec 18, 2023

    Date

    Sold

    CRMLS: 23267825

    $1,836,000

    Price

  • May 6, 2023

    Date

    Active

    CRMLS: 23267825

    $2,360,000

    Price

  • May, 2023

  • May 6, 2023

    Date

    Canceled

    CRMLS: 22146465

    $2,575,000

    Price

  • Apr 19, 2022

    Date

    Active

    CRMLS: 22146465

    $2,660,000

    Price

  • Listing provided courtesy of CRMLS

    This wonderful 7-unit Wilshire Vista property located on a quiet residential street consists of 2 structures with 4 units in the front building and 3 units in the back building. Packard is a tree-lined street surrounded by gorgeous 1920s architecture and this building sits just streets away from Wilshire Vista West, recently identified as a Historic District. This centrally located and diverse community is highly desirable due to its proximity to the rest of Los Angeles including Miracle Mile, Mid-Wilshire, Mid-City, Koreatown, Downtown Los Angeles, Pico-Robertson, Century City, Larchmont, Hancock Park and the 10 freeway is just minutes away. This vibrant area has some of the most popular art venues, cafes/restaurants and shopping. And, with a 90 walk score and 78 bike score, you are close by such places as the Powerplant, The Sycamore Kitchen, Roscoe's House of Chicken and Waffles, Hansen's Cakes, Milk Jar Cookies, Magee's Donuts, Lucy's Mexican Drive-in, Tacos 1986, Malibu Fish Grill or burgers from Earle's On Crenshaw. Additionally, notable landmarks are nearby, including the Petersen Museum, the Los Angeles County Museum of Art, La Brea Tar Pits, the Grove, the Pavilion for Japanese Art, and the La Brea Tar Pits and Museum. Drive by only; property shown with an accepted offer. Please do not disturb the tenants. OM is available in the Documents Link above.

  • October, 2011

  • Oct 12, 2011

    Date

    Sold (Public Records)

    Public Records

    $855,008

    Price

  • August, 2001

  • Aug 31, 2001

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

Show More

Tax History for 5326 Packard St

Assessed Value (2020): $983,044
Year Land Value Improved Value Assessed Value
2020 $574,249 $408,795 $983,044

Home Value Compared to the Market

This property vs the competition

5326 Packard St sold on December 18, 2023 for 59.58% higher 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 $426.55 per/sqft which puts the price per square foot 43.5% lower than the current median sale per square foot for the city of Los Angeles.

About 5326 Packard St

Detailed summary of property

5326 Packard St is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 7 bedrooms, 7 bathrooms, roughly 4,452 living square feet, and sits on an approximately 6,300 square foot lot. 5326 Packard St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,836,000. 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 59.58% higher than the current median priced home. Local homes that are currently for sale include 1296 S Citrus Ave, 843 S Curson Ave and 1012 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 92 days, 5326 Packard St has a days on market of 205 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 5326 Packard St Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5326 Packard St

Public county record property details
Beds
7
Baths
7
Year built
1942
Sq. Ft.
3,980
Lot Size
6,215
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
226
APN
5085-035-018

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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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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