5465 2Nd Ave, Los Angeles, CA 90043
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5465 2Nd Ave Los Angeles, CA 90043

$675,000
  • 3 Beds
  • 3 Baths
  • 1,474 Sq.Ft.
For Sale
$675,000 Get Pre-Qualified

Map preview of 5465 2Nd Ave, Los Angeles, CA 90043

Property Overview: 5465 2Nd Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,474 living square feet and 4,923 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this vintage gem nestled in the heart of Los Angeles, boasting timeless appeal and remarkable potential. Built in 1953, this delightful triplex consists of three 1-bedroom, 1-bathroom units and offers a opportunity to own a piece of history with modern possibilities. Situated on a spacious lot, this triplex presents a unique opportunity for expansion with the potential to build an Accessory Dwelling Unit (ADU) in the back. Whether you envision a private studio, a guest cottage, or a rental opportunity, the possibilities are endless to maximize the use of this property. Don't miss this rare opportunity to own a piece of Los Angeles history with the flexibility to customize and expand according to your vision.

Listed by MEAGAN WRIGHT | BRE #02129184 | CENTURY 21 PRIMETIME REALTORS
Last checked: 11 minutes ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 37
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
4,923
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Triplex
Status
Active
MLS#
IV24044151
City
Los Angeles
County
Los Angeles
Time on Site
53 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $890
  • Total Rent: $890
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,280
  • Net Operating Income: $40,304
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,976
  • Trash: $700
  • Gardener: $660
  • Insurance: $1,416
  • Water/Sewer: $1,200

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Property Details for 5465 2Nd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5005002005
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: West of Western
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 5465 2Nd Ave

View property's historical transactions
  • March, 2024

  • Mar 15, 2024

    Date

    Active

    CRMLS: IV24044151

    $675,000

    Price

Tax History for 5465 2Nd Ave

Assessed Value (2020): $154,395
Year Land Value Improved Value Assessed Value
2020 $71,020 $83,375 $154,395

Home Value Compared to the Market

This property vs the competition

5465 2Nd Ave is listed 45.96% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $457.94 per/sqft which puts the price per square foot 40.68% lower than the median price per square foot for the city of Los Angeles.

About 5465 2Nd Ave

Detailed summary of property

5465 2Nd Ave is a triplex located in Los Angeles, CA 90043 and is currently for sale. This triplex offers 3 bedrooms, 3 bathrooms, roughly 1,474 living square feet, and sits on an approximately 4,923 square foot lot. 5465 2Nd Ave was first listed on ArdentRealEstateGroup.com on March 4, 2024. The homeowner is currently asking $675,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.96% lower than the median priced home. Local competing homes currently for sale include 4700 S Gramercy Pl, 1745 59th Pl and 1745 W 59th Pl. While the average home in Los Angeles, CA is selling in 97 days, 5465 2Nd Ave has a days on market of 37 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5465 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 5465 2Nd Ave

Public county record property details
Beds
3
Baths
3
Year built
1953
Sq. Ft.
1,474
Lot Size
4,921
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
136
APN
5005-002-005

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
$949,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$852,000
Median Sold Price/Sq.Ft.
$567
Total Inventory
82
Median Sale to List Price %
100.24%
Avg Days on Market
28
Loan Type
Conventional (16.67%), FHA (8.33%), VA (0%), Cash (25%), Other (25%)

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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.