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5637 Hub St, Los Angeles, CA 90042
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5637 Hub St Los Angeles, CA 90042

$1,490,000 Sold Price as of 06/02/2021
  • 7 Beds
  • 4 Baths
  • 2,593 Sq.Ft.
Sold
$1,490,000 Sold Price as of 06/02/2021 Refinance Your Mortgage
Map preview of 5637 Hub St, Los Angeles, CA 90042

Property Overview: 5637 Hub St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,593 living square feet and 5,601 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ** 14.37 GRM & 5.01% Cap Rate ** Submit All Offers. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence that is VACANT and is perfect for an owner-user looking to occupy and rent out the remaining units which are Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley.

Listed by Eric Dilanian | BRE #01951699 | Remax Commercial and Investment Realty
Co-listed by Enrique Viramontes | BRE #01372010 | Remax Commercial and Investment Realty
Last checked: 1 minute ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 112

Home details

Lot Sq. Ft
5,601
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21675686
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.04%
  • Gross Rent Multiplier: 14.37
  • Gross Scheduled Income: --
  • Net Operating Income: $78,100
  • Gross Operating Income: $104,585
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5637 Hub St

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5478029020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of York, West of Figueroa, between Avenue 56 and Avenue 57 at the corner of Nolden.
View more facts & features

Local Los Angeles Agent

Sale History for 5637 Hub St

Last sold for $1,490,000 on June 2nd, 2021

  • June, 2021

  • Jun 2, 2021

    Date

    Sold

    CRMLS: 21675686

    $1,490,000

    Price

  • May 24, 2021

    Date

    Pending

    CRMLS: 21675686

    $1,549,000

    Price

  • Apr 26, 2021

    Date

    Active Under Contract

    CRMLS: 21675686

    $1,549,000

    Price

  • Apr 8, 2021

    Date

    Price Change

    CRMLS: 21675686

    $1,549,000

    Price

  • Jan 4, 2021

    Date

    Active

    CRMLS: 21675686

    $1,599,000

    Price

  • May, 2020

  • May 16, 2020

    Date

    Expired

    CRMLS: 19530490

    $1,599,000

    Price

  • Feb 5, 2020

    Date

    Price Change

    CRMLS: 19530490

    $1,599,000

    Price

  • Nov 15, 2019

    Date

    Active

    CRMLS: 19530490

    $1,649,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCED! 14.83Times Gross - 4.87% Cap Rate. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence & Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.

  • November, 2019

  • Nov 2, 2019

    Date

    Expired

    CRMLS: 19461580

    $1,699,000

    Price

  • Sep 5, 2019

    Date

    Price Change

    CRMLS: 19461580

    $1,699,000

    Price

  • Jul 9, 2019

    Date

    Price Change

    CRMLS: 19461580

    $1,749,000

    Price

  • May 2, 2019

    Date

    Active

    CRMLS: 19461580

    $1,799,000

    Price

  • Listing provided courtesy of CRMLS

    ** VACANT SFR 3+2 for Owner-User ** Introducing this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence & Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley. This property is near several parks, Highland Park Recreation Center, the Historic Southwest Museum and the 110 freeway.

  • November, 2017

  • Nov 30, 2017

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

Show More

Tax History for 5637 Hub St

Assessed Value (2020): $790,704
Year Land Value Improved Value Assessed Value
2020 $593,028 $197,676 $790,704

Home Value Compared to the Market

This property vs the competition

5637 Hub St sold on June 2, 2021 for 30.17% higher 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 $597.38 per/sqft which puts the price per square foot 20.88% lower than the current median sale per square foot for the city of Los Angeles.

About 5637 Hub St

Detailed summary of property

5637 Hub St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 2,593 living square feet, and sits on an approximately 5,601 square foot lot. 5637 Hub St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,490,000. 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 30.17% higher than the current median priced home. Local homes that are currently for sale include 5231 Loleta Ave, 3900 Berenice Pl and 3408 N Figueroa St. While the average home in Los Angeles, CA is selling in 93 days, 5637 Hub St has a days on market of 112 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5637 Hub 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 5637 Hub St

Public county record property details
Beds
4
Baths
3
Year built
1927
Sq. Ft.
2,593
Lot Size
5,600
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5478-029-020

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
$1,075,000
Median List Price/Sq.Ft.
$743
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
90
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

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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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