5423 2Nd Ave, Los Angeles, CA 90043
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5423 2Nd Ave Los Angeles, CA 90043

$1,550 Leased Price as of 12/04/2023
  • 1 Beds
  • 1 Baths
  • 650 Sq.Ft.
Leased
$1,550 Leased Price as of 12/04/2023 Refinance Your Mortgage

Map preview of 5423 2Nd Ave, Los Angeles, CA 90043

Property Overview: 5423 2Nd Ave Los Angeles, CA has 1 bedrooms, 1 bathrooms, 650 living square feet and 4,923 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Recently remodeled 1 bedroom 1 bathroom apartment in South LA! This updated unit has newer hard wood-like floors and features many windows and storage closets. The separate kitchen area comes with cabinets for your convenience and a shared backyard. This property is located near Western Ave, Audubon Middle School, Crenshaw High School, food, shopping and more

Listed by Jessica Lin | BRE #02105444 | JRealty
Last checked: 10 minutes ago | Last updated: December 4th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
4,923
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Apartment
Status
Leased
MLS#
SB23215030
City
Los Angeles
County
Los Angeles
Time on Site
311 days

Property Details for 5423 2Nd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Kitchen
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 5005002030
  • 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: Other
  • Water Source: Other
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Cross Streets: 2nd Ave and 54th St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 5423 2Nd Ave

Last leased for $1,550 on December 4th, 2023
  • December, 2023

  • Dec 4, 2023

    Date

    Leased

    CRMLS: SB23215030

    $1,550

    Price

  • Nov 21, 2023

    Date

    Active

    CRMLS: SB23215030

    $1,550

    Price

  • August, 2021

  • Aug 20, 2021

    Date

    Leased

    CRMLS: SB21161827

    $1,395

    Price

  • Aug 3, 2021

    Date

    Price Change

    CRMLS: SB21161827

    $1,395

    Price

  • Jul 23, 2021

    Date

    Active

    CRMLS: SB21161827

    $1,500

    Price

  • Listing provided courtesy of CRMLS

    Recently remodeled 1 bedroom 1 bathroom apartment in south LA. This updated unit has brand new hard wood-like floors and features many windows and storage closets. The separate kitchen area comes with cabinets for your convenience and a shared backyard. This property is located near Western Ave, Audubon Middle School, Crenshaw High School, food, shopping and more!

  • August, 2018

  • Aug 9, 2018

    Date

    Sold

    CRMLS: 17296712

    $725,000

    Price

  • Mar 19, 2018

    Date

    Pending

    CRMLS: 17296712

    $725,000

    Price

  • Mar 12, 2018

    Date

    Active Under Contract

    CRMLS: 17296712

    $725,000

    Price

  • Jan 31, 2018

    Date

    Active

    CRMLS: 17296712

    $725,000

    Price

  • Jan 25, 2018

    Date

    Active Under Contract

    CRMLS: 17296712

    $725,000

    Price

  • Dec 15, 2017

    Date

    Active

    CRMLS: 17296712

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    We are excited to present this excellent investment opportunity in the Park Mesa Heights area of Los Angeles. This complex consists of three buildings with all one bedroom - one bathroom units. The property is located just south of the Baldwins Hills Shopping Center which is undergoing a massive renovation and north of the $3 Billion Ram Stadium redevelopment project in Inglewood. The property is currently producing $4,581 per month with approximately 30% upside potential in the rents. It is located directly across the street from Van Ness park and is in close proximity to public transportation. The GRM is 13.1 with a CAP rate of 5.17. Please do not disturb or speak to tenants and please do not walk onto the property. All offers to be made subject to inspection.

  • May, 2018

  • May 4, 2018

    Date

    Sold (Public Records)

    Public Records

    $725,000

    Price

  • January, 2010

  • Jan 20, 2010

    Date

    Sold (Public Records)

    Public Records

    $220,000

    Price

Show More

Tax History for 5423 2Nd Ave

Assessed Value (2020): $754,290
Year Land Value Improved Value Assessed Value
2020 $530,604 $223,686 $754,290

Home Value Compared to the Market

This property vs the competition

5423 2Nd Ave has recently been leased in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 5423 2Nd Ave

Detailed summary of property

5423 2Nd Ave is a apartment that was recently leased in Los Angeles, CA 90043. This apartment offered 1 bedrooms, 1 bathrooms, roughly 650 living square feet, and sits on an approximately 4,923 square foot lot. 5423 2Nd Ave was first listed on ArdentRealEstateGroup.com on November 21, 2023. The homeowner leased the property for $1,550. While the average home in Los Angeles, CA is selling in 106 days, 5423 2Nd Ave has a days on market of 13 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. Local homes that are currently for sale include 5422 Ruthelen St, 4831 5th Ave and 5846 Madden Ave. For more information on this home for lease at 5423 2Nd 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 5423 2Nd Ave

Public county record property details
Beds
5
Baths
5
Year built
1923
Sq. Ft.
2,534
Lot Size
4,921
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
146
APN
5005-002-030

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
$949,900
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$647
Total Inventory
99
Median Sale to List Price %
103.02%
Avg Days on Market
34
Loan Type
Conventional (29.17%), FHA (4.17%), VA (0%), Cash (20.83%), Other (4.17%)

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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.