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5444 Alvern Circle, Los Angeles, CA 90045
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5444 Alvern Circle Los Angeles, CA 90045

$1,185,000 Sold Price as of 12/17/2020
  • 6 Beds
  • 4 Baths
  • 3,138 Sq.Ft.
Sold
$1,185,000 Sold Price as of 12/17/2020 Refinance Your Mortgage
Map preview of 5444 Alvern Circle, Los Angeles, CA 90045

Property Overview: 5444 Alvern Circle Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,138 living square feet and 8,069 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Opportunity in Westchester with Silicon Beach nearby abounds, 8000 square foot lot, this fourplex has tremendous upside! One building has three units: one two bedroom, 1 bath (with fireplace), plus two one bedroom one bathroom units. In addition, potential owner occupant unit (currently tenant occupied) in a separate building attached by common roof, is a two bedroom one bath (with fireplace). All units are tenant occupied. In between is a lovely courtyard, each unit has planters and mutual grass area. Fenced. Three units have inside laundry, gas wall heaters. On-site parking and four garages (potential additional rental income). Below market rents, invest now and build equity.

Listed by Michelle Zabukovec | BRE #01851945 | Redfin Corporation
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 97

Home details

Lot Sq. Ft
8,069
HOA Dues
$0/mo
Year built
1952
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
SB20133294
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $1,075
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,147
  • Net Operating Income: $25,210
  • Gross Operating Income: --
  • Vacancy Allowance: $1
  • # of Rented Garages: 2
  • Garage Rental Rate: $100
  • Garage Rental Income: $200
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $47,937
  • New Taxes: $4,156
  • Trash: $1,000
  • Cable TV: $0
  • Insurance: $2,524
  • Maintenance: $2,825
  • Water/Sewer: $3,632

Property Details for 5444 Alvern Circle

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room, See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 4103007017
  • Year Built Source: Assessor
  • Architectural Style: Ranch
  • Property is Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Turn left on Alvern Circle
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 5444 Alvern Circle

Last sold for $1,185,000 on December 17th, 2020

  • December, 2020

  • Dec 20, 2020

    Date

    Sold

    CRMLS: SB20133294

    $1,185,000

    Price

  • Dec 2, 2020

    Date

    Pending

    CRMLS: SB20133294

    $1,250,000

    Price

  • Oct 20, 2020

    Date

    Active Under Contract

    CRMLS: SB20133294

    $1,250,000

    Price

  • Sep 17, 2020

    Date

    Price Change

    CRMLS: SB20133294

    $1,250,000

    Price

  • Sep 17, 2020

    Date

    Active

    CRMLS: SB20133294

    $1,400,000

    Price

  • Aug 26, 2020

    Date

    Active Under Contract

    CRMLS: SB20133294

    $1,400,000

    Price

  • Jul 8, 2020

    Date

    Active

    CRMLS: SB20133294

    $1,400,000

    Price

  • December, 2020

  • Dec 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,185,000

    Price

  • December, 2018

  • Dec 6, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5444 Alvern Circle

Assessed Value (2020): $1,632,000
Year Land Value Improved Value Assessed Value
2020 $1,142,400 $489,600 $1,632,000

Home Value Compared to the Market

This property vs the competition

5444 Alvern Circle sold on December 17, 2020 for 5.04% higher 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 $398.34 per/sqft which puts the price per square foot 47.24% lower than the current median sale per square foot for the city of Los Angeles.

About 5444 Alvern Circle

Detailed summary of property

5444 Alvern Circle is a fourplex that recently sold in Los Angeles, CA 90045. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 3,138 living square feet, and sits on an approximately 8,069 square foot lot. 5444 Alvern Circle was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,185,000. 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 5.04% higher than the current median priced home. Local homes that are currently for sale include 3018 W Slauson Ave, 5161 W Jefferson Blvd and 5426 Smiley Dr. While the average home in Los Angeles, CA is selling in 93 days, 5444 Alvern Circle has a days on market of 97 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5444 Alvern Circle Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5444 Alvern Circle

Public county record property details
Beds
8
Baths
6
Year built
1952
Sq. Ft.
3,279
Lot Size
8,069
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
4103-007-017

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,649,999
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,510,000
Median Sold Price/Sq.Ft.
$880
Total Inventory
98
Median Sale to List Price %
103.78%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

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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