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5415 Hubbard St, Los Angeles, CA 90022
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5415 Hubbard St Los Angeles, CA 90022

$950,000 Sold Price as of 04/10/2023
  • 9 Beds
  • 6 Baths
  • 3,720 Sq.Ft.
Sold
$950,000 Sold Price as of 04/10/2023 Refinance Your Mortgage
Map preview of 5415 Hubbard St, Los Angeles, CA 90022

Property Overview: 5415 Hubbard St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 3,720 living square feet and 4,623 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a rare opportunity to own a solid residential investment property within a great pocket of Unincorporated East Los Angeles. The Hubbard Apartments consist of a total of 5 units; two detached single family homes and a separate two-story structure consisting of 3 units. Each unit is separately metered for gas and electricity. The two single family homes consist of a 3 bedroom, 1 bath and 1 bedroom, 1 bath. The triplex consists of two 1 bedroom, 1 bath units plus another non-conforming unit of which plans have been submitted to legalize and convert into a 1,150 SF 3 bedroom, 2 bath unit. Located in close proximity to the Metro Gold Line's Atlantic Station (Atlantic Boulevard and Beverly Boulevard) and the 60, 710, 5 and 10 freeways. Tons of upside in rental income!

Listed by Enrique Viramontes | BRE #01372010 | Remax Commercial and Investment Realty
Last checked: 13 minutes ago | Last updated: April 12th, 2023 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
4,623
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23248017
City
Los Angeles
County
Los Angeles
Time on Site
479 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $863
  • Total Rent: $2,590
  • Pro Forma/Market Rent: $5,085
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.16%
  • Gross Rent Multiplier: 14.61
  • Gross Scheduled Income: --
  • Net Operating Income: $43,681
  • Gross Operating Income: $71,161
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5415 Hubbard St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Covered, Driveway
Property Information
  • Total # of Units: 5
  • Parcel Number: 6341027027
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located on Hubbard St, between S Oakford Dr and Margaret Ave
View more facts & features

Local Los Angeles Agent

Sale History for 5415 Hubbard St

Last sold for $950,000 on April 10th, 2023

  • April, 2023

  • Apr 10, 2023

    Date

    Sold

    CRMLS: 23248017

    $950,000

    Price

  • Mar 6, 2023

    Date

    Active

    CRMLS: 23248017

    $1,050,000

    Price

Tax History for 5415 Hubbard St

Assessed Value (2020): $77,138
Year Land Value Improved Value Assessed Value
2020 $26,871 $50,267 $77,138

Home Value Compared to the Market

This property vs the competition

5415 Hubbard St sold on April 10, 2023 for 7.08% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $282.26 per/sqft which puts the price per square foot 62.57% lower than the current median sale per square foot for the city of Los Angeles.

About 5415 Hubbard St

Detailed summary of property

5415 Hubbard St is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 3,720 living square feet, and sits on an approximately 4,623 square foot lot. 5415 Hubbard St was first listed on ArdentRealEstateGroup.com on March 6, 2023. The homeowner sold the property for $950,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.08% lower than the current median priced home. Local homes that are currently for sale include 2809 Folsom St, 2814 Wabash Ave and 2850 6th St. While the average home in Los Angeles, CA is selling in 98 days, 5415 Hubbard St has a days on market of 29 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 5415 Hubbard St 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 5415 Hubbard St

Public county record property details
Beds
6
Baths
4
Year built
1924
Sq. Ft.
2,570
Lot Size
4,622
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
160
APN
6341-027-027

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
$650,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$635
Total Inventory
22
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%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 5415 Hubbard St

565 Margaret Ave, Los Angeles, CA 90022
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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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