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5721 7Th Ave, Los Angeles, CA 90043
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5721 7Th Ave Los Angeles, CA 90043

$799,000
  • 4 Beds
  • 2 Baths
  • 2,320 Sq.Ft.
For Sale
$799,000 Get Pre-Qualified
Map preview of 5721 7Th Ave, Los Angeles, CA 90043

Property Overview: 5721 7Th Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,320 living square feet and 6,079 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: If you're looking to capitalize on a prime investment opportunity in one of South LA's most up-and-coming neighborhoods, this duplex in Park Hills Heights is a must-see. With its strong rental income potential, this property offers both stability and the chance for future growth. The duplex includes a spacious 3 bedroom 2 bathroom unit with a fireplace and washer and dryer. The upstairs unit is a 1 bedroom 1 bathroom unit with a washer and dryer that has been very well maintained for tenants or future owners. There is a long driveway and a covered two car garage. The backyard features a large shed with two separate units that can be used for storage or for future ADU conversion or development possibility. This property is perfectly situated in a neighborhood that's on the rise, with easy access to everything South LA has to offer. Its proximity to major attractions like USC, DTLA, Expo Park, Leimert Park, West Adams, and Jefferson Park, along with quick access to the 110 Freeway and Inglewood, makes it even more desirable.

Listed by Nila McKnight | BRE #02011842 | eXp Realty of Greater Los Angeles
Last checked: 8 minutes ago | Last updated: September 6th, 2024 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
6,079
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24433465
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 5721 7Th Ave

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Property Details for 5721 7Th Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Kitchen
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
  • Security Features: Gated Community, Window Bars
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5006021018
  • Foundation Details: Slab
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Headed East on Slauson, make a left on 7th Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 5721 7Th Ave

Last sold on June 21st, 1996

  • August, 2024

  • Aug 29, 2024

    Date

    Active

    CRMLS: 24433465

    $799,000

    Price

  • September, 2021

  • Sep 1, 2021

    Date

    Expired

    CRMLS: IV21146717

    $799,999

    Price

  • Aug 3, 2021

    Date

    Active

    CRMLS: IV21146717

    $799,999

    Price

  • Jul 29, 2021

    Date

    Hold

    CRMLS: IV21146717

    $799,999

    Price

  • Jul 25, 2021

    Date

    Active

    CRMLS: IV21146717

    $799,999

    Price

  • Jul 18, 2021

    Date

    Hold

    CRMLS: IV21146717

    $799,999

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: IV21146717

    $799,999

    Price

  • Listing provided courtesy of CRMLS

    This beautiful Craftsman Duplex located in the Hyde Park area (LA's hottest zip code!!) is A GREAT OPPORTUNITY FOR A HOME BUYER LOOKING FOR INCOME POTENTIAL!! The property is approximately 2,320 square feet, 4 beds and 3 baths with a lot size of 6,077 square feet. The bottom unit is a 3+2 and the top unit a 1+1. There is also great ADU (Accessory Dwelling Unit) potential with the garage and Rumpus Room. Nearby schools include Angeles Mesa Elementary School, Horace Mann Ucla Community School and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet School. HURRY!! IT WON’T LAST LONG!!

  • June, 1996

  • Jun 21, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5721 7Th Ave

Assessed Value (2020): $178,040
Year Land Value Improved Value Assessed Value
2020 $83,716 $94,324 $178,040

Home Value Compared to the Market

This property vs the competition

5721 7Th Ave is listed 33.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $344.4 per/sqft which puts the price per square foot 55.16% lower than the median price per square foot for the city of Los Angeles.

About 5721 7Th Ave

Detailed summary of property

5721 7Th Ave is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 2,320 living square feet, and sits on an approximately 6,079 square foot lot. 5721 7Th Ave was first listed on ArdentRealEstateGroup.com on August 29, 2024. The homeowner is currently asking $799,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 33.42% lower than the median priced home. Local competing homes currently for sale include 6341 South Victoria Ave, 6629 5th Ave and 4417 5th Ave. While the average home in Los Angeles, CA is selling in 106 days, 5721 7Th Ave has a days on market of 20 days. 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 5721 7Th Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5721 7Th Ave

Public county record property details
Beds
4
Baths
3
Year built
1923
Sq. Ft.
2,320
Lot Size
6,077
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
148
APN
5006-021-018

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$623
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$647
Total Inventory
95
Median Sale to List Price %
103.02%
Avg Days on Market
34
Loan Type
Conventional (29.17%), FHA (4.17%), VA (0%), Cash (20.83%), Other (4.17%)

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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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