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5414 S Mullen Ave, Los Angeles, CA 90043
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5414 S Mullen Ave Los Angeles, CA 90043

$500,000
  • 5 Beds
  • 0 Baths
  • 2,120 Sq.Ft.
For Sale
$500,000 Get Pre-Qualified
Map preview of 5414 S Mullen Ave, Los Angeles, CA 90043

Property Overview: 5414 S Mullen Ave Los Angeles, CA has 5 bedrooms, -- bathrooms, 2,120 living square feet and 6,996 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: Unlock your next lucrative venture with this prime development opportunity nestled at 5414 S. Mullen Ave in Los Angeles County. Unlike properties under Los Angeles City's rent control, this Windsor Hills property offers unparalleled potential for investors and developers alike. While the existing structure may be at the end of its journey, its true value is centrally located property allowing for multiple units in an area in demand. Seize a brand-new beginning for redevelopment in the heart of this thriving residential landscape. Positioned strategically, this property boasts seamless access to the Metro K line minutes away as well as nearby amenities and attractions, ensuring maximum convenience and desirability. This coveted location sets the stage for immediate development upon acquisition, streamlining your path to success. Coupled with LCR2YY zoning and the prospect of additional ADUs, this investment promises to meet the soaring demand for housing in the vibrant tapestry of Los Angeles County.

Listed by Joyce Reese | BRE #01328558 | Home Smart Realty Group
Last checked: 6 minutes ago | Last updated: May 12th, 2024 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,996
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Duplex
Status
Active
MLS#
SB24093506
City
Los Angeles
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 5414 S Mullen Ave

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Property Details for 5414 S Mullen Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5007016032
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Repairs Major
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: North of Slauson east of Angeles Vista
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 5414 S Mullen Ave

View property's historical transactions

  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: SB24093506

    $500,000

    Price

Tax History for 5414 S Mullen Ave

Assessed Value (2020): $562,439
Year Land Value Improved Value Assessed Value
2020 $318,362 $244,077 $562,439

Home Value Compared to the Market

This property vs the competition

5414 S Mullen Ave is listed 60% lower 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 $777 and this home is listed at $235.85 per/sqft which puts the price per square foot 69.65% lower than the median price per square foot for the city of Los Angeles.

About 5414 S Mullen Ave

Detailed summary of property

5414 S Mullen Ave is a duplex located in Los Angeles, CA 90043 and is currently for sale. This duplex offers 5 bedrooms, -- bathrooms, roughly 2,120 living square feet, and sits on an approximately 6,996 square foot lot. 5414 S Mullen Ave was first listed on ArdentRealEstateGroup.com on May 9, 2024. The homeowner is currently asking $500,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 60% lower than the median priced home. Local competing homes currently for sale include 134 W 60th St, 110 W 48th St and 424 E 61st Street. While the average home in Los Angeles, CA is selling in 92 days, 5414 S Mullen Ave has a days on market of 10 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 5414 S Mullen 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 5414 S Mullen Ave

Public county record property details
Beds
5
Baths
5
Year built
1940
Sq. Ft.
2,120
Lot Size
6,993
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
171
APN
5007-016-032

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%)

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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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