5710 S Figueroa St, Los Angeles, CA 90037
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5710 S Figueroa St Los Angeles, CA 90037

$670,000 Sold Price as of 05/09/2023
  • 5 Beds
  • 4 Baths
  • 2,697 Sq.Ft.
Sold
$670,000 Sold Price as of 05/09/2023 Refinance Your Mortgage

Map preview of 5710 S Figueroa St, Los Angeles, CA 90037

Property Overview: 5710 S Figueroa St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,697 living square feet and 5,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This fourplex unit in Los Angeles presents an outstanding opportunity for anyone looking to own a property with great potential. The unit consists of a two-story front-facing unit that features two bedrooms upstairs and one bathroom. In addition, there are three attached single-story units, each with one bedroom and one bathroom. A gated driveway leads to a spacious four-car garage at the rear. Although the property is in need of updates and remodel, all the units are currently occupied, and there is excellent potential for growth <ADU also possble> Its convenient location near the 110 FWY further adds to the property's appeal. Don't miss out on the chance to own this fourplex unit in Los Angeles!

Listed by Tony Kim | BRE #01757649 | Compass
Last checked: 13 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
5,400
HOA Dues
$0/mo
Year built
1937
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
SB23030296
City
Los Angeles
County
Los Angeles
Time on Site
399 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $870
  • Total Rent: $870
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $675
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $675
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,240
  • Net Operating Income: $22,290
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,950
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,450
  • Water/Sewer: $6,000
  • Other Expenses: $6,500
  • Other Expense Description: new tax

Property Details for 5710 S Figueroa St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Barbed Wire
  • 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
  • Has Parking
  • Parking Features: Garage Faces Rear
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5001037009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Slauson and Figueroa between 57th and 58th
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 5710 S Figueroa St

Last sold for $670,000 on May 9th, 2023
  • May, 2023

  • May 9, 2023

    Date

    Sold

    CRMLS: SB23030296

    $670,000

    Price

  • Feb 23, 2023

    Date

    Active

    CRMLS: SB23030296

    $695,000

    Price

  • April, 2022

  • Apr 25, 2022

    Date

    Canceled

    CRMLS: SB22015831

    $799,000

    Price

  • Jan 26, 2022

    Date

    Active

    CRMLS: SB22015831

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for a potential investor to own a fourplex in Los Angeles. The main front unit facing the street has two bedrooms upstairs with one bathroom. The other three units are attached single story one-bedroom with one bathroom. Gated driveway with 4 car garage spaces in the rear. Property is in need of updates and remodel. All units are occupied and has great upside potential. Property is conveniently located nearby 110 FWY.

  • January, 2022

  • Jan 25, 2022

    Date

    Canceled

    CRMLS: SB21218006

    $799,000

    Price

  • Oct 4, 2021

    Date

    Active

    CRMLS: SB21218006

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for a potential investor to own a fourplex in Los Angeles. The main front unit facing the street has two bedrooms upstairs with one bathroom. The other three units are attached single story one-bedroom with one bathroom. Gated driveway with 4 car garage spaces in the rear. Property is in need of updates and remodel. All units are occupied and has great upside potential. Property is conveniently located nearby 110 FWY.

  • April, 2019

  • Apr 11, 2019

    Date

    Sold

    CRMLS: 19440930

    $480,000

    Price

  • Mar 20, 2019

    Date

    Pending

    CRMLS: 19440930

    $425,000

    Price

  • Mar 6, 2019

    Date

    Active

    CRMLS: 19440930

    $425,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a fourplex in Los Angeles. Complex has great potential especially for an investor. Front unit is a townhouse unit with 2 bedrooms upstairs. Other 3 units are one story one bedroom units. Gated driveway with 4 garage spaces in the rear. Property is in need of repair and is currently in REAP. Property is conveniently located to services and the freeway.

  • April, 2019

  • Apr 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

  • May, 2017

  • May 18, 2017

    Date

    Sold (Public Records)

    Public Records

    $515,000

    Price

Show More

Tax History for 5710 S Figueroa St

Assessed Value (2020): $490,280
Year Land Value Improved Value Assessed Value
2020 $408,000 $82,280 $490,280

Home Value Compared to the Market

This property vs the competition

5710 S Figueroa St sold on May 9, 2023 for 32.46% lower than the current median sold price for the city of Los Angeles which is $1,029,000. The median sold price per/sqft for Los Angeles is $742 and this home is sold at $257.69 per/sqft which puts the price per square foot 65.27% lower than the current median sale per square foot for the city of Los Angeles.

About 5710 S Figueroa St

Detailed summary of property

5710 S Figueroa St is a fourplex that recently sold in Los Angeles, CA 90037. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,697 living square feet, and sits on an approximately 5,400 square foot lot. 5710 S Figueroa St was first listed on ArdentRealEstateGroup.com on February 24, 2023. The homeowner sold the property for $670,000. Home in Los Angeles are selling for a median price of $1,029,000 and a median price per square foot of $742. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.46% lower than the current median priced home. Local homes that are currently for sale include 6527 Denver Ave, 132 E 60th St and 827 W 65th St. While the average home in Los Angeles, CA is selling in 100 days, 5710 S Figueroa St has a days on market of 24 days. There are currently 3287 homes for sale in the Los Angeles real estate market and 2252 of them are single family homes while 954 of them are condos and 78 are townhomes. For more information on this home for sale at 5710 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 5710 S Figueroa St

Public county record property details
Beds
5
Baths
4
Year built
--
Sq. Ft.
2,697
Lot Size
5,399
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5001-037-009

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
$710,000
Median List Price/Sq.Ft.
$500
Median Sold Price
$620,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
33
Median Sale to List Price %
103.85%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (33.33%)

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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.