5754 Melrose Ave Los Angeles, CA 90038

$198,000 Sold Price as of 01/07/1999

4 Beds
4 Baths
2,772 Sq.Ft.

Off Market

$198,000 Sold Price as of 01/07/1999 Refinance Your Mortgage

Map preview of 5754 Melrose Ave, Los Angeles, CA 90038

Property Overview: 5754 Melrose Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,772 living square feet and 2,160 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5754 Melrose Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5754 Melrose Ave

Last sold for $198,000 on January 7th, 1999

June, 2022
Jun 16, 2022

Date

Expired

CRMLS: 22138513

$1,990,000

Price
Mar 23, 2022

Date

Active

CRMLS: 22138513

$1,990,000

Price
Listing provided courtesy of CRMLS

Introducing a 4 unit apartment complex located on the popular Melrose Avenue with Commercial Zoning. The owner's 2-bedroom unit will be delivered vacant affording the opportunity for more income, or a wonderful owner/user option. There is a rooftop deck for the owner's unit which offers views of the Hollywood Sign and Griffith Observatory. The building is located in prime Melrose and is only steps away from Larchmont, Paramount, Raleigh Studios and more.

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January, 1999
Jan 7, 1999

Date

Sold (Public Records)

Public Records

$198,000

Price

Tax History for 5754 Melrose Ave

Assessed Value (2020): $283,813

Year	Land Value	Improved Value	Assessed Value
2020	$140,473	$143,340	$283,813

About 5754 Melrose Ave

Detailed summary of property

5754 Melrose Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90038 and last sold on January 7, 1999 for $198,000. This property has 4 bedrooms, 4 bathrooms, roughly 2,772 living square feet, and sits on an approximately 2,160 square foot lot. Homes 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 82.32% lower than the current median priced home. 5754 Melrose Ave was last sold on January 7, 1999 for $198,000. Local nearby listings include 309 N Arden Blvd, 326 N Beachwood Dr and 300 N Gower St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 5754 Melrose 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 5754 Melrose Ave

Public county record property details

Beds: 4
Baths: 4
Year built: 1924
Sq. Ft.: 2,772
Lot Size: 2,160
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 93
APN: 5523-011-024

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.

$666

Median Sold Price

$1,089,000

Median Sold Price/Sq.Ft.

$642

Total Inventory

Median Sale to List Price %

90.83%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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(714) 706-1823

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