Search
5850 Ernest Ave, Los Angeles, CA 90034
Image 2 for 5850 Ernest Ave, Los Angeles, CA 90034
Image 3 for 5850 Ernest Ave, Los Angeles, CA 90034
View Photos

5850 Ernest Ave Los Angeles, CA 90034

$1,134,000 Sold Price as of 04/24/2023
  • 4 Beds
  • 4 Baths
  • 1,902 Sq.Ft.
Sold
$1,134,000 Sold Price as of 04/24/2023 Refinance Your Mortgage
Map preview of 5850 Ernest Ave, Los Angeles, CA 90034

Property Overview: 5850 Ernest Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,902 living square feet and 5,006 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing investment property in the heart of Culver City! Two story triplex on a large flat lot located on a quiet culdesac near the trendy arts district! Each Unit has lots of natural light and well maintained laminate wood floors. Each unit has separate gas , electric and water meters. New Roof and renovated bathrooms installed in 2019. New painted exterior and all units have been meticulously maintained. Theres a large parking area in the back largest enough for 3 cars. Washer and dryer in lower only. This property is fully rented and close to great shops, bistros and schools. Submit all offers.

Listed by Robert Howell | BRE #01229400 | Keller Williams Beverly Hills
Co-listed by Hasitha Mahaseelarathnage | BRE #02131447 | Keller Williams Beverly Hills
Last checked: 6 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 84

Home details

Lot Sq. Ft
5,006
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23234591
City
Los Angeles
County
Los Angeles
Time on Site
471 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $1,525
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,119
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $1,119
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,004
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $1,004
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 28.8
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5850 Ernest Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5065019014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Ernest Ave
View more facts & features

Local Los Angeles Agent

Sale History for 5850 Ernest Ave

Last sold for $1,134,000 on April 24th, 2023

  • April, 2023

  • Apr 24, 2023

    Date

    Sold

    CRMLS: 23234591

    $1,134,000

    Price

  • Jan 20, 2023

    Date

    Active

    CRMLS: 23234591

    $1,185,000

    Price

  • August, 2022

  • Aug 13, 2022

    Date

    Expired

    CRMLS: RS22105839

    $949,000

    Price

  • May 19, 2022

    Date

    Active

    CRMLS: RS22105839

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent 2 Story Triplex Investment Opportunity in the city of Los Angeles!! Convenient location near the heart of DTLA, . Near schools, restaurants, and shopping centers. The property is separately metered for gas and electricity. Property is in great well kept shape, perfect for Investors Portfolio.

  • August, 2021

  • Aug 21, 2021

    Date

    Expired

    CRMLS: 21695888

    $1,099,000

    Price

  • Jul 12, 2021

    Date

    Price Change

    CRMLS: 21695888

    $1,099,000

    Price

  • Apr 1, 2021

    Date

    Price Change

    CRMLS: 21695888

    $1,149,000

    Price

  • Feb 21, 2021

    Date

    Active

    CRMLS: 21695888

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    2 Story triplex located minutes from Culver City Arts District near tons of restaurants, shops, freeways and the Metro. Situated at the end of a quiet cul-de-sac. Each unit has separate gas, electric meters, and water heaters. New roof and bathrooms installed in 2019. Living rooms for all units feature laminate wood flooring. Upper units are open to kitchen while the lower unit features large windows with lots of natural light. Upper units are mirror images of each other, each with one bedroom and side by side mirrored closets and carpet flooring. Lower unit has master bedroom, and one guest room, both with carpet and one closet each. Large parking area in rear with 3 parking spots and one double car garage with additional parking spot in front of garage. Garage and spot in front are used by the lower unit with the 3 parking spots on first come basis for tenants. W/D and dishwasher in lower unit only. Property was originally a SFR seller added 2 units to make a legal triplex with all permits and C of O. DEVELOPERS: Lot zoned RD1.5-1 with a Tier 3 TOC designation. YES the property is fully rented with month to mont tenants.

  • May, 2018

  • May 8, 2018

    Date

    Expired

    CRMLS: 16160076

    $895,000

    Price

  • May 3, 2017

    Date

    Withdrawn

    CRMLS: 16160076

    $895,000

    Price

  • Sep 7, 2016

    Date

    Price Change

    CRMLS: 16160076

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    Rent Control Triplex - Long Term Tenants (Seller will consider offers off market - Call Agent)

Show More

Tax History for 5850 Ernest Ave

Assessed Value (2020): $253,365
Year Land Value Improved Value Assessed Value
2020 $79,737 $173,628 $253,365

Home Value Compared to the Market

This property vs the competition

5850 Ernest Ave sold on April 24, 2023 for 7.56% 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 $578.34 per/sqft which puts the price per square foot 23.4% lower than the current median sale per square foot for the city of Los Angeles.

About 5850 Ernest Ave

Detailed summary of property

5850 Ernest Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 1,902 living square feet, and sits on an approximately 5,006 square foot lot. 5850 Ernest Ave was first listed on ArdentRealEstateGroup.com on January 23, 2023. The homeowner sold the property for $1,134,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 1432 S Cloverdale Ave, 4840 Mascot St and 1430 S Orange Dr. While the average home in Los Angeles, CA is selling in 94 days, 5850 Ernest Ave has a days on market of 84 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 5850 Ernest 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 5850 Ernest Ave

Public county record property details
Beds
5
Baths
4
Year built
1937
Sq. Ft.
1,902
Lot Size
5,005
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
197
APN
5065-019-014

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
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
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?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 5850 Ernest Ave

Nearby Homes for Sale

5435 Smiley Dr, Los Angeles, CA 90016
$1,000,000
5 Beds
4 Baths
1873 Sq.Ft.
5435 Smiley Dr
Los Angeles, CA 90016
5426 Smiley Dr, Los Angeles, CA 90016
$1,280,000
6 Beds
4 Baths
2977 Sq.Ft.
5426 Smiley Dr
Los Angeles, CA 90016
1847 S Curson Ave, Los Angeles, CA 90019
$1,289,000
3 Beds
3 Baths
1872 Sq.Ft.
1847 S Curson Ave
Los Angeles, CA 90019
5346 Smiley Dr, Los Angeles, CA 90016
$1,195,000
5 Beds
4 Baths
1316 Sq.Ft.
5346 Smiley Dr
Los Angeles, CA 90016
2701 S Cloverdale Ave, Los Angeles, CA 90016
$995,000
12 Beds
6 Baths
2016 Sq.Ft.
2701 S Cloverdale Ave
Los Angeles, CA 90016
2045 S Burnside Ave, Los Angeles, CA 90016
$949,900
5 Beds
3 Baths
2335 Sq.Ft.
2045 S Burnside Ave
Los Angeles, CA 90016
1636 S Ridgeley Dr, Los Angeles, CA 90019
$1,199,999
12 Beds
6 Baths
2782 Sq.Ft.
1636 S Ridgeley Dr
Los Angeles, CA 90019
5161 W Jefferson Blvd, Los Angeles, CA 90016
$999,000
8 Beds
8 Baths
2886 Sq.Ft.
5161 W Jefferson Blvd
Los Angeles, CA 90016
2720 S Sycamore Ave, Los Angeles, CA 90016
$1,300,000
8 Beds
5 Baths
2600 Sq.Ft.
2720 S Sycamore Ave
Los Angeles, CA 90016
1618 S Burnside Ave, Los Angeles, CA 90019
$1,197,000
3 Beds
3 Baths
1628 Sq.Ft.
1618 S Burnside Ave
Los Angeles, CA 90019
3008 S West View St, Los Angeles, CA 90016
$1,100,000
4 Beds
2 Baths
2210 Sq.Ft.
3008 S West View St
Los Angeles, CA 90016
1814 S Sycamore Ave, Los Angeles, CA 90019
$1,300,000
8 Beds
4 Baths
3376 Sq.Ft.
1814 S Sycamore Ave
Los Angeles, CA 90019

Recently Sold Homes Near 5850 Ernest Ave

5826-5828 Ernest Ave, Los Angeles, CA 90034
$1,200,000 Last Sold Price
4 Beds
2 Baths
2406 Sq.Ft.
5826-5828 Ernest Ave
Los Angeles, CA 90034
5869 Dauphin Ave, Los Angeles, CA 90034
$1,600,000 Last Sold Price
9 Beds
6 Baths
3244 Sq.Ft.
5869 Dauphin Ave
Los Angeles, CA 90034
5921 Dauphin St, Los Angeles, CA 90034
$2,160,000 Last Sold Price
19 Beds
19 Baths
-- Sq.Ft.
5921 Dauphin St
Los Angeles, CA 90034
5901 Ernest Ave, Los Angeles, CA 90034
$849,000 Last Sold Price
6 Beds
3 Baths
1450 Sq.Ft.
5901 Ernest Ave
Los Angeles, CA 90034

Related Resources to 5850 Ernest Ave

New Listings in 90034
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote