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5371 Louis Pl, Los Angeles, CA 90022
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5371 Louis Pl Los Angeles, CA 90022

$2,500,000
  • 100 Beds
  • 50 Baths
  • 3,360 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified
Map preview of 5371 Louis Pl, Los Angeles, CA 90022

Property Overview: 5371 Louis Pl Los Angeles, CA has 100 bedrooms, 50 bathrooms, 3,360 living square feet and 4,930 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Opportunity Awaits those looking for a great investment! This is a Diamond in the Rough apartment complex with 10 units with 4-1 car enclosed garages in the rear and 1-2 car with alley access located in prime location of ELA which borders Montebello. There are 9 studio units, one being double studio and the tenth unit is a one bedroom that the seller occupies. All excellent paying tenants on month to month basis. Complex is gated for added security, with a laundry room shared by all tenants. Located blocks and walking distance to DMV, major shopping centers, gas stations, bus transportation, restaurants, so much more.

Listed by Lisa Donati | BRE #01499838 | EXCELLENCE RE REAL ESTATE
Last checked: 9 minutes ago | Last updated: June 16th, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
4,930
HOA Dues
$0/mo
Year built
1928
Garage
5 Car
Property Type:
Apartment
Status
Active
MLS#
CV24095792
City
Los Angeles
County
Los Angeles
Time on Site
23 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 10
  • # of Baths: 10
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $780
  • Total Rent: $7,000
  • Pro Forma/Market Rent: $120,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $8,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 5371 Louis Pl

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Property Details for 5371 Louis Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • All Bedrooms Down, All Bedrooms Up
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 10
  • Parcel Number: 6340003023
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: off Whittier Blvd & Atlantic Blvd
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 5371 Louis Pl

Last sold for $225,000 on July 21st, 2011

  • May, 2024

  • May 25, 2024

    Date

    Active

    CRMLS: CV24095792

    $2,500,000

    Price

  • July, 2011

  • Jul 21, 2011

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

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Tax History for 5371 Louis Pl

Assessed Value (2020): $769,811
Year Land Value Improved Value Assessed Value
2020 $539,793 $230,018 $769,811

Home Value Compared to the Market

This property vs the competition

5371 Louis Pl is listed 100% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $744.05 per/sqft which puts the price per square foot 4.61% lower than the median price per square foot for the city of Los Angeles.

About 5371 Louis Pl

Detailed summary of property

5371 Louis Pl is a apartment located in Los Angeles, CA 90022 and is currently for sale. This apartment offers 100 bedrooms, 50 bathrooms, roughly 3,360 living square feet, and sits on an approximately 4,930 square foot lot. 5371 Louis Pl was first listed on ArdentRealEstateGroup.com on May 26, 2024. The homeowner is currently asking $2,500,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 100% higher than the median priced home. Local competing homes currently for sale include 4516 Griffin Ave, 5706 Pioneer Blvd and 4214 Avalon Blvd. While the average home in Los Angeles, CA is selling in 98 days, 5371 Louis Pl has a days on market of 24 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 5371 Louis Pl Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5371 Louis Pl

Public county record property details
Beds
10
Baths
11
Year built
1928
Sq. Ft.
3,360
Lot Size
4,929
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
135
APN
6340-003-023

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$635
Total Inventory
21
Median Sale to List Price %
104.65%
Avg Days on Market
25
Loan Type
Conventional (14.29%), FHA (57.14%), VA (0%), Cash (14.29%), Other (14.29%)

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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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