5415 Monroe St, Los Angeles, CA 90038
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5415 Monroe St Los Angeles, CA 90038

$1,199,000
  • 3 Beds
  • 2 Baths
  • 1,855 Sq.Ft.
For Sale
$1,199,000 Get Pre-Qualified

Map preview of 5415 Monroe St, Los Angeles, CA 90038

Property Overview: 5415 Monroe St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,855 living square feet and 6,748 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: Don't miss out on this amazing opportunity to own a beautiful Duplex located in the heart of prime Hollywood. These side by side units offer the perfect combination of charm and functionality, with a spacious 2 bed/1 bath unit and a cozy 1 bed/1 bath unit. Imagine living in one and renting out the other to help offset your mortgage! The backyard is an oasis, complete with a lush garden and delicious fruit trees, providing a peaceful retreat from the hustle and bustle of the city. Plus, you can rest easy knowing that this property has been meticulously maintained, with a newer roof and updated windows. This gem won't be available for long, so schedule a visit today to see all that this fantastic home has to offer!

Listed by Daniel Kim | BRE #01954104 | eXp Realty of California Inc
Last checked: 3 minutes ago | Last updated: February 3rd, 2024 | Source CRMLS | DOM: 420
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Home details

Lot Sq. Ft
6,748
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23241383
City
Los Angeles
County
Los Angeles
Time on Site
438 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,147
  • Total Rent: $1,147
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 5415 Monroe St

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Property Details for 5415 Monroe St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5535009004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Monroe St, Between Wilton and Western
View more facts & features

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Sale History for 5415 Monroe St

View property's historical transactions
  • February, 2023

  • Feb 13, 2023

    Date

    Active

    CRMLS: 23241383

    $1,199,000

    Price

  • February, 2023

  • Feb 11, 2023

    Date

    Expired

    CRMLS: 21799102

    $1,088,888

    Price

  • Oct 25, 2021

    Date

    Active

    CRMLS: 21799102

    $1,088,888

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in over 30 years! Fantastic opportunity to own a Duplex just blocks in Prime Hollywood location. The side by side units are comprised of a 2bed/1bath, and a 1bed/1bath. Live in one unit and rent the other. Large, well-manicured lot with garden and fruit trees in the backyard. Newer roof, new windows, well-maintained property ready for next owner.

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Tax History for 5415 Monroe St

Assessed Value (2020): $378,479
Year Land Value Improved Value Assessed Value
2020 $252,326 $126,153 $378,479

Home Value Compared to the Market

This property vs the competition

5415 Monroe St is listed 4% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $646.36 per/sqft which puts the price per square foot 16.27% lower than the median price per square foot for the city of Los Angeles.

About 5415 Monroe St

Detailed summary of property

5415 Monroe St is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 3 bedrooms, 2 bathrooms, roughly 1,855 living square feet, and sits on an approximately 6,748 square foot lot. 5415 Monroe St was first listed on ArdentRealEstateGroup.com on February 13, 2023. The homeowner is currently asking $1,199,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4% lower than the median priced home. Local competing homes currently for sale include 5851 La Mirada Ave, 4572 Rosewood Ave and 508 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 97 days, 5415 Monroe St has a days on market of 420 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5415 Monroe St Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5415 Monroe St

Public county record property details
Beds
3
Baths
2
Year built
1922
Sq. Ft.
1,855
Lot Size
6,747
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5535-009-004

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Related Resources to 5415 Monroe St

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.