5700 S Figueroa St, Los Angeles, CA 90037
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5700 S Figueroa St Los Angeles, CA 90037

$1,324,000 Sold Price as of 06/13/2023
  • 46 Beds
  • 46 Baths
  • 100 Sq.Ft.
Sold
$1,324,000 Sold Price as of 06/13/2023 Refinance Your Mortgage

Map preview of 5700 S Figueroa St, Los Angeles, CA 90037

Property Overview: 5700 S Figueroa St Los Angeles, CA has 46 bedrooms, 46 bathrooms, 100 living square feet and 11,475 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the Heart of Los Angeles! Eight units comprised of two separate buildings. One unit is (4) 1 Bedroom / 1 Bath, the second unit is (4) 2 Bedrooms / 2 baths. Garage parking is available. The units are centrally located to the 110 Freeway and the University of Southern California. This is a great opportunity.

Listed by Angela Jones | BRE #01250913 | The Realestate Group
Last checked: 15 minutes ago | Last updated: June 14th, 2023 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
11,475
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB23041401
City
Los Angeles
County
Los Angeles
Time on Site
418 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 36
  • Total # of Buildings: 2
  • # of Leased Units: 8
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $785
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,600
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,030
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $1,081
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $775
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,600
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $775
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,300
  • Total Rent: --
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: --
  • Trash: $1,255

Property Details for 5700 S Figueroa St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Total # of Units: 36
  • Parcel Number: 5001037008
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take Figueroa Street to 57th Street.
View more facts & features

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Sale History for 5700 S Figueroa St

Last sold for $1,324,000 on June 13th, 2023
  • June, 2023

  • Jun 13, 2023

    Date

    Sold

    CRMLS: SB23041401

    $1,324,000

    Price

  • Mar 24, 2023

    Date

    Active

    CRMLS: SB23041401

    $1,790,000

    Price

Tax History for 5700 S Figueroa St

Assessed Value (2020): $374,753
Year Land Value Improved Value Assessed Value
2020 $241,112 $133,641 $374,753

Home Value Compared to the Market

This property vs the competition

5700 S Figueroa St sold on June 13, 2023 for 50.42% 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 $17900 per/sqft which puts the price per square foot 2270.86% higher than the current median sale per square foot for the city of Los Angeles.

About 5700 S Figueroa St

Detailed summary of property

5700 S Figueroa St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 46 bedrooms, 46 bathrooms, roughly 100 living square feet, and sits on an approximately 11,475 square foot lot. 5700 S Figueroa St was first listed on ArdentRealEstateGroup.com on March 25, 2023. The homeowner sold the property for $1,324,000. 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 50.42% higher than the current median priced home. Local homes that are currently for sale include 2922 Maple Ave, 2600 W 54th St and 2400 W Florence Ave. While the average home in Los Angeles, CA is selling in 94 days, 5700 S Figueroa St has a days on market of 28 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 5700 S Figueroa St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5700 S Figueroa St

Public county record property details
Beds
8
Baths
8
Year built
1924
Sq. Ft.
10,205
Lot Size
11,475
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5001-037-008

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), 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.