5654 Elmer Ave, Los Angeles, CA 91601
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5654 Elmer Ave Los Angeles, CA 91601

$2,800,000 Sold Price as of 09/16/2022
  • 64 Beds
  • 70 Baths
  • 8,066 Sq.Ft.
Sold
$2,800,000 Sold Price as of 09/16/2022 Refinance Your Mortgage

Map preview of 5654 Elmer Ave, Los Angeles, CA 91601

Property Overview: 5654 Elmer Ave Los Angeles, CA has 64 bedrooms, 70 bathrooms, 8,066 living square feet and 7,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: WE ARE PROUD TP PRESENT THIS BEAUTIFUL NEW CONSTRUCTION LUXURIOUS, CONTEMPORARY QUA-DUPLEX, BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. THIS IS A TRI-LEVE, SIDE BY SIDE UNITS, ALL UNITS HAVE AN OPEN FLOOR LAYOUT, MASTER BEDROOMS IN ALL UNITS, CUSTOM WINDOW BLINDS, STAINLESS STEEL APPLIANCES, TWO-TONE INTERIOR PAINT, LOW VOLTAGE LED LIGHTING FOR ENERGY SAVINGS, LAUNDRY ROOMS IN ALL UNITS, TANKLESS WATER HEATERS FOR INSTANT HOT WATER THROUGHOUT EACH UNIT, PLENTY OF PARKING WITH DECORATIVE PAVERS, ALL UNITS COME ATTACHED GARAGES, AUTOAMTIC GATE OPENER, THIS IS VERY GOOD LOOKING BUILDING, VERY EASY TO RENT, ALL UNITS ARE INDIVUAL METERED, EV CONNECTIONS AVAILIBLE ON ALL GARAGES, OVER ALL THIS IS A SELF SUSTAINBLE PROPERTY WITH VERY LOW COST MAINTANCE, LOW DROUTH TOLORENT LANDSACAPING, THIS IS A NO RENT CONTROL BUIDLNG.

Listed by Joe Vivanco | BRE #01218901 | Keller Williams - Downtown LA
Last checked: 3 minutes ago | Last updated: September 16th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,250
HOA Dues
$0/mo
Year built
2022
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22097702
City
Los Angeles
County
Los Angeles
Time on Site
721 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 16
  • # of Baths: 18
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $15,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $187,200
  • Net Operating Income: $148,280
  • Gross Operating Income: $187,200
Annual Expense Breakdown
  • Total Operating Expense: $38,920
  • Electric: $300
  • Gas/Fuel: $0
  • Licenses: $1,200
  • New Taxes: $33,320
  • Trash: $0
  • Cable TV: $0
  • Gardener: $1,200
  • Insurance: $2,400
  • Maintenance: $500
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 5654 Elmer Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Interior Features
  • 2 Staircases
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Flat
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Hills
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 2337034004
  • Year Built Source: Builder
  • Architectural Style: Modern
  • Property is Attached
  • Property Condition: Under Construction
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: East on Burbank North on Elmer St,
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

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Sale History for 5654 Elmer Ave

Last sold for $2,800,000 on September 16th, 2022
  • September, 2022

  • Sep 16, 2022

    Date

    Sold

    CRMLS: DW22097702

    $2,800,000

    Price

  • May 11, 2022

    Date

    Active

    CRMLS: DW22097702

    $2,800,000

    Price

Tax History for 5654 Elmer Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

5654 Elmer Ave sold on September 16, 2022 for 166.67% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $347.14 per/sqft which puts the price per square foot 52.96% lower than the current median sale per square foot for the city of Los Angeles.

About 5654 Elmer Ave

Detailed summary of property

5654 Elmer Ave is a multi family that recently sold in Los Angeles, CA 91601. This multi family property offered 64 bedrooms, 70 bathrooms, roughly 8,066 living square feet, and sits on an approximately 7,250 square foot lot. 5654 Elmer Ave was first listed on ArdentRealEstateGroup.com on May 11, 2022. The homeowner sold the property for $2,800,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 166.67% higher than the current median priced home. Local homes that are currently for sale include 440 N Harper Ave, 434 N Ogden Dr and 434 N Ogden Dr. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5654 Elmer Ave Los Angeles, CA 91601 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5654 Elmer Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91601 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$668
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$517
Total Inventory
36
Median Sale to List Price %
99.39%
Avg Days on Market
17
Loan Type
Conventional (30%), FHA (10%), VA (0%), Cash (20%), Other (0%)

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Related Resources to 5654 Elmer Ave

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.