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5635 Monte Vista St Los Angeles, CA 90042

$9,225,000 Sold Price as of 10/18/2019

26 Beds
29 Baths
-- Sq.Ft.

Sold

$9,225,000 Sold Price as of 10/18/2019 Refinance Your Mortgage

Map preview of 5635 Monte Vista St, Los Angeles, CA 90042

Property Overview: 5635 Monte Vista St Los Angeles, CA has 26 bedrooms, 29 bathrooms, -- living square feet and 25,128 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We proudly present 5635 Monte Vista St, a newly renovated rental residential apartments in the heart of Highland Park. 5635 Monte Vista Street is devised with the resident in mind. Each of the 24 residences boasts brand new high-end renovations. This complete renovation is a re-imagination of a classic Highland Park apartment complex into a modern oasis. Amenities include a common outdoor grill space and Amazon locker. Upgrades include modern, light and airy floor plans with updated light fixtures, new appliances, hardwood inspired flooring and in-unit washers and dryers. Excellently located in the highly sought-after Highland Park neighborhood, the Property is walking distance from N Figueroa St, Highland Park's main thoroughfare which features the area's trendiest shops, bars and eateries.

Listed by Zachary Freehling | BRE #01879326 | Coldwell Banker Realty

Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft: 25,128
HOA Dues: $0/mo
Year built: 1966
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19492304
City: Los Angeles
County: Los Angeles
Time on Site: 1224 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 31
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 7
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,045
Total Rent: $14,315
Pro Forma/Market Rent: $14,700

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,600
Total Rent: $2,600
Pro Forma/Market Rent: $2,600

Unit Breakdown 3

# of Units: 2
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $843
Total Rent: $1,686
Pro Forma/Market Rent: $4,300

Unit Breakdown 4

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,835
Total Rent: $1,835
Pro Forma/Market Rent: $1,850

Unit Breakdown 5

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,850
Total Rent: $1,850
Pro Forma/Market Rent: $1,850

Unit Breakdown 6

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,350
Total Rent: $4,700
Pro Forma/Market Rent: $4,700

Unit Breakdown 7

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $982
Total Rent: $982
Pro Forma/Market Rent: $2,100

Unit Breakdown 8

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,115
Total Rent: $2,115
Pro Forma/Market Rent: $2,150

Unit Breakdown 9

# of Units: 3
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,130
Total Rent: $6,390
Pro Forma/Market Rent: $6,450

Unit Breakdown 10

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,350
Total Rent: $2,350
Pro Forma/Market Rent: $2,350

Unit Breakdown 11

# of Units: 7
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,095
Total Rent: $14,665
Pro Forma/Market Rent: $15,050

Unit Breakdown 12

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,095
Total Rent: $1,095
Pro Forma/Market Rent: $2,150

Unit Breakdown 13

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,065
Total Rent: $2,065
Pro Forma/Market Rent: $2,150

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 13.9
Gross Scheduled Income: --
Net Operating Income: $426,243
Gross Operating Income: $655,879

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 5635 Monte Vista St

Interior Features

Heating Information

Has Heating
Wall Furnace

Kitchen Information

Has Appliances
Dishwasher, Microwave, Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Uncovered

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 31
Parcel Number: 5469032001

Location / Neighborhood

Location Information

Directions: The subject property is located on the northwest corner of Monte Vista St and N Avenue 57 in Highland Park.

View more facts & features

Local Los Angeles Agent

Sale History for 5635 Monte Vista St

Last sold for $9,225,000 on October 18th, 2019

October, 2019
Oct 18, 2019

Date

Sold

CRMLS: 19492304

$9,225,000

Price
Oct 15, 2019

Date

Pending

CRMLS: 19492304

$9,400,000

Price
Aug 25, 2019

Date

Active

CRMLS: 19492304

$9,400,000

Price
Aug 16, 2019

Date

Hold

CRMLS: 19492304

$9,400,000

Price
Aug 14, 2019

Date

Pending

CRMLS: 19492304

$9,400,000

Price
Jul 24, 2019

Date

Active

CRMLS: 19492304

$9,400,000

Price
October, 2019
Oct 17, 2019

Date

Sold (Public Records)

Public Records

$9,225,000

Price
August, 2017
Aug 18, 2017

Date

Sold (Public Records)

Public Records

$5,500,000

Price

Tax History for 5635 Monte Vista St

Assessed Value (2020): $9,225,000

Year	Land Value	Improved Value	Assessed Value
2020	$6,425,000	$2,800,000	$9,225,000

Home Value Compared to the Market

This property vs the competition

5635 Monte Vista St sold on October 18, 2019 for 689.92% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 5635 Monte Vista St

Detailed summary of property

5635 Monte Vista St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 26 bedrooms, 29 bathrooms, roughly -- living square feet, and sits on an approximately 25,128 square foot lot. 5635 Monte Vista St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $9,225,000. 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 689.92% higher than the current median priced home. Local homes that are currently for sale include 11975-11977 Mayfield Ave, 2550 College Pl and 9821 Acacia Ave. While the average home in Los Angeles, CA is selling in 93 days, 5635 Monte Vista St has a days on market of 69 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 5635 Monte Vista St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5635 Monte Vista St

Public county record property details

Beds: --
Baths: --
Year built: 1966
Sq. Ft.: 16,343
Lot Size: 25,128
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1,6
APN: 5469-032-001

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,089,000

Median List Price/Sq.Ft.

$751

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$858

Total Inventory

Median Sale to List Price %

125.16%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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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.