5450 Repetto Ave, Los Angeles, CA 90022
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5450 Repetto Ave Los Angeles, CA 90022

$880,000 Sold Price as of 08/04/2023
  • 6 Beds
  • 4 Baths
  • 3,490 Sq.Ft.
Sold
$880,000 Sold Price as of 08/04/2023 Refinance Your Mortgage

Map preview of 5450 Repetto Ave, Los Angeles, CA 90022

Property Overview: 5450 Repetto Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,490 living square feet and 5,598 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic Investment opportunity! Location, location, location! This Fourplex is conveniently located in desirable residential area of East Los Angeles, near shopping centers, schools, parks, restaurants and with quick access to the freeways. The property has 4 units with 3,000 total Sqft and 3,470 Sqft Lot: 2 beds, 1 bath - 2 beds, 1 bath - 1 bed, 1 bath, and 1 bed, 1 bath. This sale includes a second parcel 6341-013-005, with a 490 Sqft additional room attached to the fourplex building with a 2,128 Sqft lot. Each unit with their own electricity and gas meters, one water meter for the building. Gated driveway with 4 open tandem parking spaces. The small additional room is used as a laundry for one of the units. This property is going to sell fast! Call today!

Listed by Gil Rodriguez | BRE #01500176 | Sharpstone Realty
Co-listed by Irene Rodriguez | BRE #01958622 | Sharpstone Realty
Last checked: 5 minutes ago | Last updated: August 6th, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,598
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW23052006
City
Los Angeles
County
Los Angeles
Time on Site
462 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $50,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,600
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5450 Repetto Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Gated, Tandem Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6341013002
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd, West of Eastmont Ave, East of Margaret Ave, North of Eagle St.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 5450 Repetto Ave

Last sold for $880,000 on August 4th, 2023
  • August, 2023

  • Aug 4, 2023

    Date

    Sold

    CRMLS: PW23052006

    $880,000

    Price

  • Mar 29, 2023

    Date

    Active

    CRMLS: PW23052006

    $869,000

    Price

  • November, 1994

  • Nov 22, 1994

    Date

    Sold (Public Records)

    Public Records

    $283,000

    Price

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Tax History for 5450 Repetto Ave

Assessed Value (2020): $634,236
Year Land Value Improved Value Assessed Value
2020 $318,634 $315,602 $634,236

Home Value Compared to the Market

This property vs the competition

5450 Repetto Ave sold on August 4, 2023 for 31.79% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $249 per/sqft which puts the price per square foot 68.52% lower than the current median sale per square foot for the city of Los Angeles.

About 5450 Repetto Ave

Detailed summary of property

5450 Repetto Ave is a fourplex that recently sold in Los Angeles, CA 90022. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 3,490 living square feet, and sits on an approximately 5,598 square foot lot. 5450 Repetto Ave was first listed on ArdentRealEstateGroup.com on March 30, 2023. The homeowner sold the property for $880,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 31.79% lower than the current median priced home. Local homes that are currently for sale include 2850 6th St, 631 S Evergreen Ave and 631 S Evergreen Ave. While the average home in Los Angeles, CA is selling in 100 days, 5450 Repetto Ave has a days on market of 10 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 5450 Repetto Ave 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 5450 Repetto Ave

Public county record property details
Beds
6
Baths
4
Year built
1955
Sq. Ft.
3,000
Lot Size
3,470
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
6341-013-002

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.
$629
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$581
Total Inventory
24
Median Sale to List Price %
92.16%
Avg Days on Market
36
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (25%), Other (0%)

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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.