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5531 Santa Monica Blvd, Los Angeles, CA 90038
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5531 Santa Monica Blvd Los Angeles, CA 90038

$2,870,000
  • -- Beds
  • -- Baths
  • 6,708 Sq.Ft.
For Sale
$2,870,000 Get Pre-Qualified
Map preview of 5531 Santa Monica Blvd, Los Angeles, CA 90038

Property Overview: 5531 Santa Monica Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 6,708 living square feet and 7,650 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: Two Story mixed use building with approximately 6 - 8 on site parking spaces and about 50 ft of street frontage. Located in the heart of Hollywood located on the major corridor of Santa Monica Blvd. Within a half mile of the freeway.

Listed by Warren Peck | BRE #01323619 | Spunlok Investment Group
Last checked: 6 minutes ago | Last updated: December 18th, 2023 | Source CRMLS | DOM: 134
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Home details

Lot Sq. Ft
7,650
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
23335169
City
Los Angeles
County
Los Angeles
Time on Site
150 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5531 Santa Monica Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Property Information
  • Parcel Number: 5536011013
Location / Neighborhood
Location Information
  • Directions: Between Wilton and Western on Santa Monica Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 5531 Santa Monica Blvd

View property's historical transactions

  • November, 2023

  • Nov 20, 2023

    Date

    Active

    CRMLS: 23335169

    $4,875,000

    Price

Tax History for 5531 Santa Monica Blvd

Assessed Value (2020): $187,428
Year Land Value Improved Value Assessed Value
2020 $128,331 $59,097 $187,428

Home Value Compared to the Market

This property vs the competition

5531 Santa Monica Blvd is listed 129.78% higher 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 $427.85 per/sqft which puts the price per square foot 44.58% lower than the median price per square foot for the city of Los Angeles.

About 5531 Santa Monica Blvd

Detailed summary of property

5531 Santa Monica Blvd is a mixed use located in Los Angeles, CA 90038 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 6,708 living square feet, and sits on an approximately 7,650 square foot lot. 5531 Santa Monica Blvd was first listed on ArdentRealEstateGroup.com on November 29, 2023. The homeowner is currently asking $2,870,000 and was originally asking $4,875,000. 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 129.78% higher than the median priced home. Local competing homes currently for sale include 2743 S Robertson Blvd, 1605 E 1st St and 3280 Provon Ln. While the average home in Los Angeles, CA is selling in 97 days, 5531 Santa Monica Blvd has a days on market of 134 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 5531 Santa Monica Blvd Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5531 Santa Monica Blvd

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
6,708
Lot Size
7,648
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5536-011-013

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), 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.

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