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5821 David Ave, Los Angeles, CA 90034
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5821 David Ave Los Angeles, CA 90034

$2,300,000 Sold Price as of 09/22/2022
  • 10 Beds
  • 10 Baths
  • 4,056 Sq.Ft.
Sold
$2,300,000 Sold Price as of 09/22/2022 Refinance Your Mortgage
Map preview of 5821 David Ave, Los Angeles, CA 90034

Property Overview: 5821 David Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 4,056 living square feet and 5,002 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DRIVE BY ONLY. PLEASE DO NOT DISTURB OCCUPANTS. No Rent Control at this newer Construction, modern triplex located just a stone's throw away from the Culver City Arts District. All three units are townhome style, tri-level residences with attached garages and two parking spaces per unit. The property is perfectly set up for young professionals working at the nearby offices of Apple, Amazon, and HBO due its central location and because each unit features an open floor plan, modern finishes, and an equal number of bedrooms and bathrooms. Each unit also features stainless steel appliances, laminate floors throughout, quartz countertops, central air and heat, LED recessed lighting throughout, and washers and dryers in each unit. With these newer systems and finishes, plus drought tolerant landscaping, this is a low maintenance property with long term appreciation upside. This property is a great bet for rising rents due the high level industries moving in nearby, and the amount of new development transforming the area!

Listed by Alex Quaid | BRE #01838631 | The Agency
Last checked: 5 minutes ago | Last updated: September 24th, 2022 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
5,002
HOA Dues
$0/mo
Year built
2016
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22167233
City
Los Angeles
County
Los Angeles
Time on Site
706 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,428
  • Total Rent: $3,428
  • Pro Forma/Market Rent: $3,429
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,403
  • Total Rent: $3,403
  • Pro Forma/Market Rent: $3,404
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $5,098
  • Total Rent: $5,098
  • Pro Forma/Market Rent: $5,098
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: 16.76
  • Gross Scheduled Income: --
  • Net Operating Income: $117,443
  • Gross Operating Income: $143,166
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5821 David Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Property Information
  • Has View
  • View: Park/Greenbelt
  • Total # of Units: 3
  • Parcel Number: 5065021013
  • Architectural Style: Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Washington Blvd, South of the 10, West of Fairfax, East of La Cienega.
View more facts & features

Local Los Angeles Agent

Sale History for 5821 David Ave

Last sold for $2,300,000 on September 22nd, 2022

  • September, 2022

  • Sep 22, 2022

    Date

    Sold

    CRMLS: 22167233

    $2,300,000

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: 22167233

    $2,499,000

    Price

  • April, 2017

  • Apr 14, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,825,000

    Price

  • March, 2016

  • Mar 25, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5821 David Ave

Assessed Value (2020): $1,898,730
Year Land Value Improved Value Assessed Value
2020 $1,326,510 $572,220 $1,898,730

Home Value Compared to the Market

This property vs the competition

5821 David Ave sold on September 22, 2022 for 101.6% 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 $591.47 per/sqft which puts the price per square foot 21.66% lower than the current median sale per square foot for the city of Los Angeles.

About 5821 David Ave

Detailed summary of property

5821 David Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 4,056 living square feet, and sits on an approximately 5,002 square foot lot. 5821 David Ave was first listed on ArdentRealEstateGroup.com on June 14, 2022. The homeowner sold the property for $2,300,000. 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 101.6% higher than the current median priced home. Local homes that are currently for sale include 6120 Packard St, 1831 S Redondo Blvd and 1132 S Crescent Heights Blvd. While the average home in Los Angeles, CA is selling in 92 days, 5821 David Ave has a days on market of 60 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 5821 David Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5821 David Ave

Public county record property details
Beds
10
Baths
10
Year built
2016
Sq. Ft.
4,056
Lot Size
5,001
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
121
APN
5065-021-013

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,899,000
Median List Price/Sq.Ft.
$925
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
42
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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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