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5370 Edna St Los Angeles, CA 90032

$2,200,000 Sold Price as of 07/29/2021

14 Beds
10 Baths
6,856 Sq.Ft.

Sold

$2,200,000 Sold Price as of 07/29/2021 Refinance Your Mortgage

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Map preview of 5370 Edna St, Los Angeles, CA 90032

Property Overview: 5370 Edna St Los Angeles, CA has 14 bedrooms, 10 bathrooms, 6,856 living square feet and 8,029 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 1964, 5370 Edna Street is composed of one two story apartment building situated on a 8,029-square foot corner parcel, the property is composed of six one-bedroom/one-bathroom units and four two-bedroom/one-bedroom units and is 100% VACANT. In addition the seller has submitted plans to the city to add two ADUs that will also address the soft story retrofit compliance from the city.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi

Last checked: 5 minutes ago | Last updated: September 16th, 2022 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft: 8,029
HOA Dues: $0/mo
Year built: 1964
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21727342
City: Los Angeles
County: Los Angeles
Time on Site: 1101 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 10
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 6
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,765
Total Rent: $10,590
Pro Forma/Market Rent: $10,590

Unit Breakdown 2

# of Units: 4
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,263
Total Rent: $9,052
Pro Forma/Market Rent: $9,052

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 10.18
Gross Scheduled Income: --
Net Operating Income: $168,087
Gross Operating Income: $230,433

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 5370 Edna St

Interior Features

Heating Information

Has Heating
Wall Furnace

Kitchen Information

Has Appliances
Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Assigned

Property Information

Total # of Units: 10
Parcel Number: 5220010013

Location / Neighborhood

Location Information

Directions: Located in one of the hottest residential markets in Los Angeles- El Sereno is quickly becoming home to the new hipster movement (young, trendy, college educated) migrating from the already high-priced Highland Park neighborhood.

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Sale History for 5370 Edna St

Last sold for $2,200,000 on July 29th, 2021

July, 2021
Jul 30, 2021

Date

Sold

CRMLS: 21727342

$2,200,000

Price
May 4, 2021

Date

Active

CRMLS: 21727342

$2,400,000

Price
December, 2020
Dec 9, 2020

Date

Sold (Public Records)

Public Records

$1,625,000

Price
July, 2020
Jul 1, 2020

Date

Expired

CRMLS: 19528844

$2,099,000

Price
Apr 19, 2020

Date

Active

CRMLS: 19528844

$2,099,000

Price
Apr 19, 2020

Date

Pending

CRMLS: 19528844

$2,099,000

Price
Nov 10, 2019

Date

Active

CRMLS: 19528844

$2,099,000

Price
Listing provided courtesy of CRMLS

10 Unit apartment building, List price is $2,099,000, Gross Rent for 2019 thur December 31st estimated to be$94,250.64. No vacancies. Tenants are month to month. Rents paid may be under market. Landlord pays for Water and Trash Retrofit required by City of Los Angeles

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Tax History for 5370 Edna St

Assessed Value (2020): $976,803

Year	Land Value	Improved Value	Assessed Value
2020	$528,309	$448,494	$976,803

Home Value Compared to the Market

This property vs the competition

5370 Edna St sold on July 29, 2021 for 101.68% 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 $350.06 per/sqft which puts the price per square foot 53.63% lower than the current median sale per square foot for the city of Los Angeles.

About 5370 Edna St

Detailed summary of property

5370 Edna St is a multi family that recently sold in Los Angeles, CA 90032. This multi family property offered 14 bedrooms, 10 bathrooms, roughly 6,856 living square feet, and sits on an approximately 8,029 square foot lot. 5370 Edna St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,200,000. 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 101.68% higher than the current median priced home. Local homes that are currently for sale include 2607 Pennsylvania Ave, 668 Keenan Ave and 4311 Eagle Rock Blvd. While the average home in Los Angeles, CA is selling in 92 days, 5370 Edna St has a days on market of 86 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 5370 Edna St Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5370 Edna St

Public county record property details

Beds: 14
Baths: 10
Year built: 1964
Sq. Ft.: 6,856
Lot Size: 8,029
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 5220-010-013

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$850,000

Median List Price/Sq.Ft.

$662

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$676

Total Inventory

Median Sale to List Price %

93.75%

Avg Days on Market

Loan Type

Conventional (40%), FHA (10%), VA (0%), Cash (20%), Other (10%)

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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.