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5461 2Nd Ave Los Angeles, CA 90043

$800,000 Sold Price as of 12/19/2022

2 Beds
2 Baths
1,440 Sq.Ft.

Sold

$800,000 Sold Price as of 12/19/2022 Refinance Your Mortgage

Map preview of 5461 2Nd Ave, Los Angeles, CA 90043

Property Overview: 5461 2Nd Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,440 living square feet and 4,921 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: WELL KEPT CRAFTSMAN STYLE DUPLEX WITH GREAT CURB APPEAL CONSISING 1BED 1BATH, 720 SQFT EA.

Listed by John Oh | BRE #01487654 | SMART SELL REAL ESTATE

Last checked: 11 minutes ago | Last updated: December 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft: 4,921
HOA Dues: $0/mo
Year built: 1922
Garage: --
Property Type:: Duplex

Status: Sold
MLS#: CV22258607
City: Los Angeles
County: Los Angeles
Time on Site: 499 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 5461 2Nd Ave

Interior Features

Laundry Information

Has Laundry
Gas & Electric Dryer Hookup

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Lot Information

Lot Features: Front Yard
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 1 Common Wall
Total # of Units: 2
Parcel Number: 5005002021
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: W. SLAUSON AVE & 2ND AVE

Neighborhood Information

Community Features: Sidewalks, Street Lights

View more facts & features

Local Los Angeles Agent

Sale History for 5461 2Nd Ave

Last sold for $800,000 on December 19th, 2022

December, 2022
Dec 22, 2022

Date

Active

CRMLS: CV22258607

$800,000

Price
Dec 19, 2022

Date

Sold

CRMLS: CV22258607

$800,000

Price
October, 2022
Oct 13, 2022

Date

Canceled

CRMLS: RS22215272

$675,000

Price
Oct 6, 2022

Date

Active

CRMLS: RS22215272

$675,000

Price
Listing provided courtesy of CRMLS

Charming duplex located in the heart of the up-and-coming south Los Angeles just a short drive from Hollywood park casino, Sofi stadium, and the soon-to-be-completed clippers stadium. Each of the side by side 1 bedroom units offers the square footage to potentially convert each unit to 2 bedrooms. With ADU plans already approved by the city, this duplex comes with tremendous longer-term upside for cash flow or even a short-term development project.

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October, 2019
Oct 14, 2019

Date

Sold

CRMLS: 19482248

$450,000

Price
Aug 21, 2019

Date

Pending

CRMLS: 19482248

$450,000

Price
Jun 26, 2019

Date

Active

CRMLS: 19482248

$450,000

Price
Listing provided courtesy of CRMLS

A Great Investment Opportunity Duplex to gain monthly cash-flow, which is 100% occupied with long-term tenants. Make-up is 1/1 each, 720 square feet each. Well maintained building in the Park Mesa Heights area of Los Angeles. The property is centrally located near the Metro Rail Station, and within close proximity to the new upcoming Stadium, it is near DTLA-LA Live, shopping, beaches. All offers to be made contingent upon interior inspection. No showings without an accepted offer, and please do not disturb the tenants. Seller is motivated!

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September, 2019
Sep 26, 2019

Date

Sold (Public Records)

Public Records

$450,000

Price
December, 2018
Dec 25, 2018

Date

Expired

CRMLS: 18391268

$475,000

Price
Dec 11, 2018

Date

Withdrawn

CRMLS: 18391268

$475,000

Price
Sep 30, 2018

Date

Active

CRMLS: 18391268

$475,000

Price
Listing provided courtesy of CRMLS

We are pleased to present this opportunity to own a well maintained duplex in the Park Mesa Heights area of Los Angeles. These units are comprised of two one bedroom - one bathroom units, containing approximately 720 square feet each. The building is 100% occupied with long term tenants. The property is centrally located with access to the Metro Rail and several job centers including the new Ram/Charger Stadium. It is also minutes from the beach going west and Staples Center and LA Live to the north. There is upside potential in the rents upon move out. Please do not disturb tenants or walk on the property. Offers are to be made subject to inspection. Please include proof of funds, credit information and pre-approval with all offers. No showings without an accepted offer.

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February, 2018
Feb 28, 2018

Date

Sold

CRMLS: CV16176484

$380,000

Price
Jan 10, 2018

Date

Active Under Contract

CRMLS: CV16176484

$395,888

Price
Nov 6, 2017

Date

Price Change

CRMLS: CV16176484

$395,888

Price
Nov 6, 2017

Date

Price Change

CRMLS: CV16176484

$3,955,888

Price
Sep 11, 2017

Date

Active

CRMLS: CV16176484

$405,888

Price
Aug 7, 2017

Date

Active Under Contract

CRMLS: CV16176484

$405,888

Price
Jun 9, 2017

Date

Price Change

CRMLS: CV16176484

$405,888

Price
Apr 29, 2017

Date

Active

CRMLS: CV16176484

$415,888

Price
Apr 29, 2017

Date

Price Change

CRMLS: CV16176484

$415,888

Price
Feb 14, 2017

Date

Pending

CRMLS: CV16176484

$388,889

Price
Jan 30, 2017

Date

Active

CRMLS: CV16176484

$388,889

Price
Jan 29, 2017

Date

Pending

CRMLS: CV16176484

$388,889

Price
Jan 24, 2017

Date

Price Change

CRMLS: CV16176484

$388,889

Price
Sep 21, 2016

Date

Price Change

CRMLS: CV16176484

$404,888

Price
Aug 11, 2016

Date

Price Change

CRMLS: CV16176484

$418,888

Price
Listing provided courtesy of CRMLS

BACK ON THE MARKET WITH MAJOR PRICE REDUCTION!!! FELL OUT OF ESCROW! AN EXCELLENT INCOME AND PERSONAL PROPERTY OPPORTUNITY in this HOT LA Market! The Duplex is Section 8 Approved and 100% Occupied with long term tenants who love living there. Property has been well maintained, and has passed all section 8 inspections, and comes with a mature avocado and lemon tree in the back yard; it also has a newer roof. The units are approx. 10 minutes from the new Ram's football stadium, close to the Metro train, Van Ness Recreation Center, and the new subway being built under Crenshaw Blvd. Units are being sold in its As Is, and Where Is condition. Great opportunity for first time or seasoned investor, and most likely won't be on the market long. Priced to sell fast, so bring your PRE-APPROVED friends and family for this great opportunity! TENANTS GO WITH PROPERTY!! DO NOT SHOW UP WITHOUT AN APPOINTMENT!! CALL LISTING AGENT FOR APPOINTMENT.

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February, 2018
Feb 26, 2018

Date

Sold (Public Records)

Public Records

$380,000

Price

Tax History for 5461 2Nd Ave

Assessed Value (2020): $450,000

Year	Land Value	Improved Value	Assessed Value
2020	$350,000	$100,000	$450,000

Home Value Compared to the Market

This property vs the competition

5461 2Nd Ave sold on December 19, 2022 for 32.77% 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 $555.56 per/sqft which puts the price per square foot 26.42% lower than the current median sale per square foot for the city of Los Angeles.

About 5461 2Nd Ave

Detailed summary of property

5461 2Nd Ave is a duplex that recently sold in Los Angeles, CA 90043. This duplex offered 2 bedrooms, 2 bathrooms, roughly 1,440 living square feet, and sits on an approximately 4,921 square foot lot. 5461 2Nd Ave was first listed on ArdentRealEstateGroup.com on December 22, 2022. The homeowner sold the property for $800,000. 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 32.77% lower than the current median priced home. Local homes that are currently for sale include 6059 Madden Ave, 1745 59th Pl and 1726 W 60th St. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 5461 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 5461 2Nd Ave

Public county record property details

Beds: 2
Baths: 2
Year built: 1922
Sq. Ft.: 1,440
Lot Size: 4,921
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 137
APN: 5005-002-021

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

$945,000

Median List Price/Sq.Ft.

$588

Median Sold Price

$727,000

Median Sold Price/Sq.Ft.

$516

Total Inventory

Median Sale to List Price %

96.93%

Avg Days on Market

Loan Type

Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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.