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5720 Waring Ave, Los Angeles, CA 90038
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5720 Waring Ave Los Angeles, CA 90038

$1,200,000 Sold Price as of 07/29/2021
  • 4 Beds
  • 4 Baths
  • 2,308 Sq.Ft.
Sold
$1,200,000 Sold Price as of 07/29/2021 Refinance Your Mortgage
Map preview of 5720 Waring Ave, Los Angeles, CA 90038

Property Overview: 5720 Waring Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,308 living square feet and 6,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5720 Waring Avenue is a charming four unit building situated on a 6,503 Square Foot LAR3 lot conveniently located in Hollywood, near Paramount Studios. The 2,308 Square Foot property is composed of (4) one bedroom-one bath units. Interior features include hard wood flooring and charming built-ins. Each unit is separately metered for gas and electricity, and each unit has at least one parking space. One unit will be delivered vacant!This Hollywood Studio District location is deemed very walkable with a walk score of 85 out of 100 as most errands can be accomplished on foot. It is conveniently located near Melrose Ave. & Gower St. adjacent to Paramount Studios.

Listed by Nicole Apostolos | BRE #01464936 | Keller Williams Realty Encino-Sherman Oa
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,504
HOA Dues
$0/mo
Year built
1936
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
21735662
City
Los Angeles
County
Los Angeles
Time on Site
1091 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,587
  • Total Rent: $6,350
  • Pro Forma/Market Rent: $8,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.99
  • Gross Scheduled Income: --
  • Net Operating Income: $38,135
  • Gross Operating Income: $73,914
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5720 Waring Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 4
  • Parcel Number: 5534033006
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: North of Melrose Ave., West of Gower Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 5720 Waring Ave

Last sold for $1,200,000 on July 29th, 2021

  • August, 2021

  • Aug 19, 2021

    Date

    Sold

    CRMLS: 21735662

    $1,200,000

    Price

  • Jun 8, 2021

    Date

    Active Under Contract

    CRMLS: 21735662

    $1,295,000

    Price

  • May 24, 2021

    Date

    Active

    CRMLS: 21735662

    $1,295,000

    Price

  • February, 2021

  • Feb 18, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2015

  • Aug 22, 2015

    Date

    Expired

    CRMLS: 14763357

    $965,000

    Price

  • May 22, 2014

    Date

    Active

    CRMLS: 14763357

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    Great value add opportunity in a rapidly gentifying area of Hollywood. The property consists of 4 Spanish style bungalows surrounded by beautiful garden patios. All units have washer, dryers, large bay windows and craftsman beams throughout. Parking includes 3 garage parking spots and one gated parking spot.

  • October, 2001

  • Oct 12, 2001

    Date

    Sold (Public Records)

    Public Records

    $291,000

    Price

Show More

Tax History for 5720 Waring Ave

Assessed Value (2020): $393,071
Year Land Value Improved Value Assessed Value
2020 $337,695 $55,376 $393,071

Home Value Compared to the Market

This property vs the competition

5720 Waring Ave sold on July 29, 2021 for 8.82% 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 $561.09 per/sqft which puts the price per square foot 25.68% lower than the current median sale per square foot for the city of Los Angeles.

About 5720 Waring Ave

Detailed summary of property

5720 Waring Ave is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,308 living square feet, and sits on an approximately 6,504 square foot lot. 5720 Waring Ave was first listed on ArdentRealEstateGroup.com on May 24, 2021. The homeowner sold the property for $1,200,000. 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 8.82% higher than the current median priced home. Local homes that are currently for sale include 400 N Harvard Blvd, 1412 N Serrano Ave and 508 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 92 days, 5720 Waring Ave has a days on market of 12 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 5720 Waring Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5720 Waring Ave

Public county record property details
Beds
4
Baths
4
Year built
1936
Sq. Ft.
2,308
Lot Size
6,503
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5534-033-006

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$696
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
40
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), 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.

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