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5806 3Rd Ave, Los Angeles, CA 90043
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5806 3Rd Ave Los Angeles, CA 90043

$660,000 Sold Price as of 09/09/2022
  • 4 Beds
  • 4 Baths
  • 2,049 Sq.Ft.
Sold
$660,000 Sold Price as of 09/09/2022 Refinance Your Mortgage
Map preview of 5806 3Rd Ave, Los Angeles, CA 90043

Property Overview: 5806 3Rd Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,049 living square feet and 7,012 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present an opportunity to acquire three (3) separate properties on one lot in Los Angeles. 5806 3rd Ave is a house with 1Bed/1Bath. The property at 5808 is a sizable single-family house with 3Bed/2Bath. The property at 2424 Slauson Ave is a commercial building suitable for a variety of small business ventures and conveniently located near a shopping plaza of popular stores.. These three (3) properties are located on the corner of Slauson and 3rd Ave and are occupied. Each building is separately metered for gas and electric. Sold as is and no warranties/guarantees made. Seller will not give any credits or make any repairs. Seller and/or sellers agent makes no representation as to room size, lot size, etc. Buyer to verify with appropriate entities and satisfy self. Buyers to cooperate with seller 1031 exchange. Property will ONLY be shown once offer is accepted. Please do not disturb tenants.

Listed by Carolyn Bryant | BRE #00911667 | Carolyn Bryant
Last checked: 7 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
7,012
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22172609
City
Los Angeles
County
Los Angeles
Time on Site
673 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $21,646
  • Gross Operating Income: $21,646
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5806 3Rd Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 4005022001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: On the corner of 3rd Ave and Slauson Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 5806 3Rd Ave

Last sold for $660,000 on September 9th, 2022

  • September, 2022

  • Sep 9, 2022

    Date

    Sold

    CRMLS: 22172609

    $660,000

    Price

  • Jun 29, 2022

    Date

    Active

    CRMLS: 22172609

    $690,000

    Price

  • May, 2003

  • May 15, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5806 3Rd Ave

Assessed Value (2020): $91,528
Year Land Value Improved Value Assessed Value
2020 $39,795 $51,733 $91,528

Home Value Compared to the Market

This property vs the competition

5806 3Rd Ave sold on September 9, 2022 for 42.02% lower 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 $336.75 per/sqft which puts the price per square foot 55.4% lower than the current median sale per square foot for the city of Los Angeles.

About 5806 3Rd Ave

Detailed summary of property

5806 3Rd Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,049 living square feet, and sits on an approximately 7,012 square foot lot. 5806 3Rd Ave was first listed on ArdentRealEstateGroup.com on June 30, 2022. The homeowner sold the property for $660,000. 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 42.02% lower than the current median priced home. Local homes that are currently for sale include 1510 W 53rd St, 1507 W 51St St and 1507 W 51St St. While the average home in Los Angeles, CA is selling in 96 days, 5806 3Rd Ave has a days on market of 40 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 5806 3Rd 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 5806 3Rd Ave

Public county record property details
Beds
2
Baths
1
Year built
1923
Sq. Ft.
2,049
Lot Size
7,012
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
4005-022-001

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
$945,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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