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5847 Denver Ave, Los Angeles, CA 90044
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5847 Denver Ave Los Angeles, CA 90044

$915,000 Sold Price as of 05/17/2022
  • 8 Beds
  • 4 Baths
  • 3,188 Sq.Ft.
Sold
$915,000 Sold Price as of 05/17/2022 Refinance Your Mortgage
Map preview of 5847 Denver Ave, Los Angeles, CA 90044

Property Overview: 5847 Denver Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,188 living square feet and 5,198 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the opportunity to acquire 5847 Denver. A 4 unit apartment complex consisting of four two bedroom one bath units. Situated on a 5198 square foot lot, the property has very large units. Current ownership has maintained the property well over the years. Some tenants have expressed an openness to relocating; the ownership is open to NACA and first time buyers. 5847 Denver provides investors an opportunity to acquire a well-maintained apartment community that offers a remaining value-add component. The property is well-suited to provide a healthy income stream and solid market appreciation as the neighborhood rarely offers buying opportunities.

Listed by Hammed Animashaun | BRE #01857379 | KW Advisors
Last checked: 4 minutes ago | Last updated: May 19th, 2022 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
5,198
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22127427
City
Los Angeles
County
Los Angeles
Time on Site
818 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.32
  • Gross Scheduled Income: --
  • Net Operating Income: $35,128
  • Gross Operating Income: $12,028
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5847 Denver Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 4
  • Parcel Number: 6004034007
Location / Neighborhood
Location Information
  • Directions: South of Slauson, West of Figueroa
View more facts & features

Local Los Angeles Agent

Sale History for 5847 Denver Ave

Last sold for $915,000 on May 17th, 2022

  • May, 2022

  • May 17, 2022

    Date

    Sold

    CRMLS: 22127427

    $915,000

    Price

  • Feb 13, 2022

    Date

    Active

    CRMLS: 22127427

    $899,500

    Price

  • August, 2021

  • Aug 25, 2021

    Date

    Active

    CRMLS: 21776680

    $825,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 1998

  • Jun 25, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1998

  • Jun 24, 1998

    Date

    Sold (Public Records)

    Public Records

    $190,000

    Price

Show More

Tax History for 5847 Denver Ave

Assessed Value (2020): $277,384
Year Land Value Improved Value Assessed Value
2020 $167,894 $109,490 $277,384

Home Value Compared to the Market

This property vs the competition

5847 Denver Ave sold on May 17, 2022 for 24.41% 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 $282.15 per/sqft which puts the price per square foot 62.63% lower than the current median sale per square foot for the city of Los Angeles.

About 5847 Denver Ave

Detailed summary of property

5847 Denver Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,188 living square feet, and sits on an approximately 5,198 square foot lot. 5847 Denver Ave was first listed on ArdentRealEstateGroup.com on February 14, 2022. The homeowner sold the property for $915,000. 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 24.41% lower than the current median priced home. Local homes that are currently for sale include 6903 Estrella Ave, 937 W 68th St and 138 W 66th St. While the average home in Los Angeles, CA is selling in 93 days, 5847 Denver Ave has a days on market of 27 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5847 Denver Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5847 Denver Ave

Public county record property details
Beds
8
Baths
2
Year built
1964
Sq. Ft.
3,188
Lot Size
5,198
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
6004-034-007

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$660,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
80
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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5868 Estrella Ave, Los Angeles, CA 90044
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3 Baths
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5901 Denver Ave, Los Angeles, CA 90044
$695,000 Last Sold Price
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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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