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5350 Arlington Ave, Los Angeles, CA 90043
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5350 Arlington Ave Los Angeles, CA 90043

$879,000 Sold Price as of 01/27/2022
  • 5 Beds
  • 3 Baths
  • 2,138 Sq.Ft.
Sold
$879,000 Sold Price as of 01/27/2022 Refinance Your Mortgage
Map preview of 5350 Arlington Ave, Los Angeles, CA 90043

Property Overview: 5350 Arlington Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,138 living square feet and 7,314 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Immaculate duplex with 3 BED 2 BATH Upper unit and 2 bed 1 bath unit lower unit with attached 2 car garage. Both units features tile and laminate flooring, granite counter tops in Kitchen and Bathrooms. Laundry hook ups. Large gated parking spaces in a large corner lot that can fit up to 8 cars. In a great Hide Park area walking distance to the public transportation, schools, and shopping mall few blocks from Home Depot. Great income property with Section 8 tenants paying high Section 8 rents. Clear Channel also pays $75/month for billboard advertisement. Viewing by appointment only with showing agent. Both units are tenant occupied. Note all utilities electricity, water, sewer and gas are spearately metered and billed to the tenants. Owner pays no utility bill. Please do not disturb tenants. Sale subject to 1031 exchange by the owner.

Listed by Steve Kawamura | BRE #00690166 | Keller Williams Beverly Hills
Co-listed by Daniel Howard | BRE #01880426 | West Shores Realty, Inc.
Last checked: 12 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
7,314
HOA Dues
$0/mo
Year built
2001
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21101675
City
Los Angeles
County
Los Angeles
Time on Site
929 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,962
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,962
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,248
  • Total Rent: $1,967
  • Pro Forma/Market Rent: $2,248
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Actual Rent: $75
  • Total Rent: $75
  • Pro Forma/Market Rent: $75
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.4
  • Gross Scheduled Income: --
  • Net Operating Income: $57,260
  • Gross Operating Income: $63,420
  • Other Income 1: $900
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5350 Arlington Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Pool Features: Fenced
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Landscaped, Back Yard
Property Information
  • Total # of Units: 2
  • Parcel Number: 5005008045
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Accessibility Features: None
  • Has Additional Parcels
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: From 101 Fwy: Exit on Arlington Ave. going South till just before 54th St. on east side. From 110 Fwy, Exit on Slauson going west, go north on Van Ness, on east side after passing 54th St.
View more facts & features

Local Los Angeles Agent

Sale History for 5350 Arlington Ave

Last sold for $879,000 on January 27th, 2022

  • January, 2022

  • Jan 27, 2022

    Date

    Sold

    CRMLS: 21101675

    $879,000

    Price

  • Nov 2, 2021

    Date

    Active

    CRMLS: 21101675

    $889,000

    Price

  • October, 2013

  • Oct 23, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2011

  • Sep 9, 2011

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

Show More

Tax History for 5350 Arlington Ave

Assessed Value (2020): $258,405
Year Land Value Improved Value Assessed Value
2020 $172,271 $86,134 $258,405

Home Value Compared to the Market

This property vs the competition

5350 Arlington Ave sold on January 27, 2022 for 25.29% 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 $415.81 per/sqft which puts the price per square foot 44.93% lower than the current median sale per square foot for the city of Los Angeles.

About 5350 Arlington Ave

Detailed summary of property

5350 Arlington Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,138 living square feet, and sits on an approximately 7,314 square foot lot. 5350 Arlington Ave was first listed on ArdentRealEstateGroup.com on November 3, 2021. The homeowner sold the property for $879,000. 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 25.29% lower than the current median priced home. Local homes that are currently for sale include 6059 Madden Ave, 1726 W 60th St and 1601 W 59th Pl. While the average home in Los Angeles, CA is selling in 92 days, 5350 Arlington Ave has a days on market of 15 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 5350 Arlington 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 5350 Arlington Ave

Public county record property details
Beds
5
Baths
3
Year built
2001
Sq. Ft.
2,138
Lot Size
7,314
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
259-262
APN
5005-008-045

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
$965,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
86
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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