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5428 Meridian St, Los Angeles, CA 90042
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5428 Meridian St Los Angeles, CA 90042

$760,000 Sold Price as of 06/18/2021
  • 2 Beds
  • 2 Baths
  • 1,198 Sq.Ft.
Sold
$760,000 Sold Price as of 06/18/2021 Refinance Your Mortgage
Map preview of 5428 Meridian St, Los Angeles, CA 90042

Property Overview: 5428 Meridian St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,198 living square feet and 3,272 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Get into one of LA's trendiest neighborhoods at a great price with this Cal Bungalow duplex in happening Highland Park. Situated on a large corner lot, the property presents a wonderful opportunity for an owner-user with one unit delivered vacant; the second unit is already leased and generating income. Each one-bedroom, one-bath apartment features hard surface flooring and good natural light. The yard is landscaped with drought-tolerant plantings, and theres a detached garage and long driveway for off-street parking. This desirable location offers quick access to every amenity you could ever want or need; York Boulevard is nearby with coffee, dining and groceries at Collage Coffee, Donut Friend, Goldburger, Holcomb, Town Pizza, Galco's Old World Market and so much more.

Listed by Tracy B Do | BRE #01350025 | Compass
Co-listed by Richard Michalowski | BRE #01935805 | Compass
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
3,272
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21723224
City
Los Angeles
County
Los Angeles
Time on Site
1103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,476
  • Total Rent: $1,476
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.33
  • Gross Scheduled Income: --
  • Net Operating Income: $35,016
  • Gross Operating Income: $44,232
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 5428 Meridian St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5478024003
Location / Neighborhood
Location Information
  • Directions: Google Maps.
View more facts & features

Local Los Angeles Agent

Sale History for 5428 Meridian St

Last sold for $760,000 on June 18th, 2021

  • June, 2021

  • Jun 19, 2021

    Date

    Sold

    CRMLS: 21723224

    $760,000

    Price

  • Jun 8, 2021

    Date

    Pending

    CRMLS: 21723224

    $699,000

    Price

  • May 14, 2021

    Date

    Active Under Contract

    CRMLS: 21723224

    $699,000

    Price

  • Apr 30, 2021

    Date

    Active

    CRMLS: 21723224

    $699,000

    Price

  • April, 2017

  • Apr 4, 2017

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • May, 2006

  • May 19, 2006

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

Show More

Tax History for 5428 Meridian St

Assessed Value (2020): $636,724
Year Land Value Improved Value Assessed Value
2020 $445,707 $191,017 $636,724

Home Value Compared to the Market

This property vs the competition

5428 Meridian St sold on June 18, 2021 for 41.26% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $583.47 per/sqft which puts the price per square foot 22.72% lower than the current median sale per square foot for the city of Los Angeles.

About 5428 Meridian St

Detailed summary of property

5428 Meridian St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,198 living square feet, and sits on an approximately 3,272 square foot lot. 5428 Meridian St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $760,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.26% lower than the current median priced home. Local homes that are currently for sale include 1574 Donaldson, 4552 Catalpa St and 2530 Ganahl St. While the average home in Los Angeles, CA is selling in 92 days, 5428 Meridian St has a days on market of 13 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 5428 Meridian St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5428 Meridian St

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,198
Lot Size
3,271
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5478-024-003

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$751
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
97
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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