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5369 W Pico Blvd, Los Angeles, CA 90019
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5369 W Pico Blvd Los Angeles, CA 90019

$2,175,000 Sold Price as of 09/20/2023
  • -- Beds
  • -- Baths
  • 5,087 Sq.Ft.
Sold
$2,175,000 Sold Price as of 09/20/2023 Refinance Your Mortgage
Map preview of 5369 W Pico Blvd, Los Angeles, CA 90019

Property Overview: 5369 W Pico Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 5,087 living square feet and 4,005 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5369 W Pico presents the opportunity to acquire a centrally located flex/production/showroom/office building in the heart of Mid-Town. The property is prime for an owner to customize and take advantage of SBA financing.Here are some highlights: Short distance to several restaurants/businesses along W Pico Blvd and stone's throw to The Grove and Melrose. Centrally located in Mid-Town with easy access to 10 Fwy, West Hollywood, Beverly Hills, Culver City, and DTLA. Delivered vacant, the first floor is currently used for photo shoots, video production, and podcasts and has several offices, bathrooms, make-up room, and sound booth. Second Floor currently leased to private gym operator. The first floor flex space has two-story high ceilings and building has four parking spaces total *Estimated income gives a GRM of 17.2 and a cap rate of 5.2%

Listed by Will Tiao | BRE #01918965 | The Collective Realty
Last checked: 5 minutes ago | Last updated: September 23rd, 2023 | Source CRMLS | DOM: 79

Home details

Lot Sq. Ft
4,005
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Other
Status
Sold
MLS#
23273017
City
Los Angeles
County
Los Angeles
Time on Site
339 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $122,213
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,600
  • Insurance: $3,500

Property Details for 5369 W Pico Blvd

Interior Features
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5085033002
  • Entry Level: 1
Location / Neighborhood
Location Information
  • Directions: north from 10 freeway, between S Fairfax and S La Brea Ave on Pico
View more facts & features

Local Los Angeles Agent

Sale History for 5369 W Pico Blvd

Last sold for $2,175,000 on September 20th, 2023

  • September, 2023

  • Sep 20, 2023

    Date

    Sold

    CRMLS: 23273017

    $2,175,000

    Price

  • May 22, 2023

    Date

    Active

    CRMLS: 23273017

    $2,349,000

    Price

  • November, 2014

  • Nov 25, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,207,000

    Price

  • August, 2007

  • Aug 16, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5369 W Pico Blvd

Assessed Value (2020): $1,325,318
Year Land Value Improved Value Assessed Value
2020 $1,043,990 $281,328 $1,325,318

Home Value Compared to the Market

This property vs the competition

5369 W Pico Blvd sold on September 20, 2023 for 93.19% 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 $451.94 per/sqft which puts the price per square foot 40.14% lower than the current median sale per square foot for the city of Los Angeles.

About 5369 W Pico Blvd

Detailed summary of property

5369 W Pico Blvd is a other that recently sold in Los Angeles, CA 90019. This property offered -- bedrooms, -- bathrooms, roughly 5,087 living square feet, and sits on an approximately 4,005 square foot lot. 5369 W Pico Blvd was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,175,000. 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 93.19% higher than the current median priced home. Local homes that are currently for sale include 2502 W 3rd St #101, 7051 3rd Ave and 12121 Washington Pl. While the average home in Los Angeles, CA is selling in 93 days, 5369 W Pico Blvd has a days on market of 79 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5369 W Pico Blvd 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 5369 W Pico Blvd

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
5,087
Lot Size
4,005
Stories
1
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
154
APN
5085-033-002

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
$1,675,000
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
67
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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(714) 706-1823

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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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