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5716 S Corning Ave, Los Angeles, CA 90056
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5716 S Corning Ave Los Angeles, CA 90056

$1,725,000 Sold Price as of 11/10/2020
  • 13 Beds
  • 12 Baths
  • -- Sq.Ft.
Sold
$1,725,000 Sold Price as of 11/10/2020 Refinance Your Mortgage
Map preview of 5716 S Corning Ave, Los Angeles, CA 90056

Property Overview: 5716 S Corning Ave Los Angeles, CA has 13 bedrooms, 12 bathrooms, -- living square feet and 8,703 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Extraordinary value add investment in prime LADERA HEIGHTS !!! This hard to find Triplex consists of a large owner user unit completely redone with new Hardwood floors ,Large living room with fireplace ,crown molding , small view , new kitchen with gorgeous cabinets and quartz counter tops , New tile floors , stainless appliances , 3 Bedrooms 2 remodeled Baths , Den . .Unit 2 . vacant and ready to be owner occupied with 2 Bedrooms 2 Baths with a Den , 3 unit - upper unit with city lights view with Large balcony , completely remodeled kitchen , new cabinets and appliances , new floors thru out , 2 remodeled bathrooms .This building is centrally located and close to freeways , Silicon Beach , Playa Vista , Rams and Charger Stadium , Lax . Very hard to find building

Listed by Melissa Knight | BRE #01184594 | The Hills Premier Realty
Last checked: 13 minutes ago | Last updated: June 17th, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,703
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20637592
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $3,300
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.6
  • Gross Scheduled Income: --
  • Net Operating Income: $103,800
  • Gross Operating Income: $108,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 5716 S Corning Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Room Information
  • Flooring: Wood, Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 3
  • Parcel Number: 4201012009
Location / Neighborhood
Location Information
  • Directions: NORTH OF SLAUSON - WEST OF LA CIENEGA
View more facts & features

Local Los Angeles Agent

Sale History for 5716 S Corning Ave

Last leased for $3,400 on June 14th, 2023

  • June, 2023

  • Jun 14, 2023

    Date

    Leased

    CRMLS: 23266105

    $3,400

    Price

  • May 1, 2023

    Date

    Active

    CRMLS: 23266105

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    Welcome to the lovely Ladera Heights one of Los Angeles' most Desirable neighborhoods. No expense was spared in this fully remodeled beauty. Step into the large sprawling living room, where you'll be met with stunning hardwood floors. Your newly renovated kitchen awaits with Gorgeous cabinetry, Quartz counter tops, and beautiful back splash. An added bonus is the breakfast bar. Stainless steel appliances throughout as you glide into the dining area. Step down into a cozy family room with a room expanding sky light . 2 Large bedrooms , 2 stunning bathrooms completely redone . This unit is centrally located and a quick trip to adjacent Culver City and Westchester. Restaurants, shops, Malls, Movie Theatre's. Lax, playa Vista , Sofi stadium , The forum. Here everything is accessible within a few minutes and/ or short ride. Don't hesitate because this truly one of the best units in the area and won't last long!

  • November, 2020

  • Nov 13, 2020

    Date

    Sold

    CRMLS: 20637592

    $1,725,000

    Price

  • Nov 6, 2020

    Date

    Pending

    CRMLS: 20637592

    $1,800,000

    Price

  • Sep 25, 2020

    Date

    Active Under Contract

    CRMLS: 20637592

    $1,800,000

    Price

  • Sep 25, 2020

    Date

    Active

    CRMLS: 20637592

    $1,800,000

    Price

  • November, 2020

  • Nov 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,725,000

    Price

  • July, 2019

  • Jul 23, 2019

    Date

    Leased

    CRMLS: 19436078

    $3,200

    Price

  • Jul 21, 2019

    Date

    Expired

    CRMLS: 19436078

    $2,995

    Price

  • Jun 21, 2019

    Date

    Active

    CRMLS: 19436078

    $2,995

    Price

  • Jun 18, 2019

    Date

    Expired

    CRMLS: 19436078

    $2,995

    Price

  • Jun 13, 2019

    Date

    Price Change

    CRMLS: 19436078

    $2,995

    Price

  • Mar 17, 2019

    Date

    Price Change

    CRMLS: 19436078

    $3,300

    Price

  • Feb 20, 2019

    Date

    Active

    CRMLS: 19436078

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    Location Location location - this fully renovated top floor unit is minutes to LAX, Silicon Beach, Play Del Rey, and the ocean. The kitchen has all new cabinets, new quartz counter tops, and tile floors. The spacious master suite has a private bathroom which has been completely updated. Good size second bedroom and the second bath is completely updated and new. New flooring through out the unit and everything has been freshly painted. If that's not enough you will enjoy the stunning views from almost every room. You can also enjoy the views from the large spacious private balcony. Hurry this is the one you have been waiting for.

  • October, 2018

  • Oct 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

Show More

Tax History for 5716 S Corning Ave

Assessed Value (2020): $1,428,000
Year Land Value Improved Value Assessed Value
2020 $984,300 $443,700 $1,428,000

Home Value Compared to the Market

This property vs the competition

5716 S Corning Ave sold on November 10, 2020 for 60.71% higher than the current median sold price for the city of Los Angeles which is $1,120,000.

About 5716 S Corning Ave

Detailed summary of property

5716 S Corning Ave is a multi family that recently sold in Los Angeles, CA 90056. This multi family property offered 13 bedrooms, 12 bathrooms, roughly -- living square feet, and sits on an approximately 8,703 square foot lot. 5716 S Corning Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,725,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 60.71% higher than the current median priced home. Local homes that are currently for sale include 2900 W 54th St, 2315 Carmona Ave and 4265 Garthwaite Ave. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5716 S Corning Ave Los Angeles, CA 90056 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5716 S Corning Ave

Public county record property details
Beds
6
Baths
6
Year built
1956
Sq. Ft.
3,932
Lot Size
8,702
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
156
APN
4201-012-009

The source for these homes facts are from public records.

90056 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,895,000
Median List Price/Sq.Ft.
$677
Median Sold Price
$1,909,000
Median Sold Price/Sq.Ft.
$665
Total Inventory
31
Median Sale to List Price %
79.54%
Avg Days on Market
51
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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.

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