5860 Estrella Ave, Los Angeles, CA 90044
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5860 Estrella Ave Los Angeles, CA 90044

$975,000
  • 6 Beds
  • 6 Baths
  • 1,754 Sq.Ft.
For Sale
$975,000 Get Pre-Qualified

Map preview of 5860 Estrella Ave, Los Angeles, CA 90044

Property Overview: 5860 Estrella Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 1,754 living square feet and 5,164 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent Income Producing Property. Good opportunity for the owner user, and investor to live in one and get income from 2 other units The property includes 3 units. Each unit has one bedroom and one bathroom. The front unit is paying $2300( 5860 Estrella Ave), The middle unit is VACANT ( 5860 1/2 Estrella Ave), and The back unit is $1468 monthly 5862 Estrella Ave). All units have been remodeled from the exterior and interior. There is a garage located between two structures.

Listed by Shahram Shamounpour | BRE #02122389 | Keller Williams Realty Westside
Last checked: 8 minutes ago | Last updated: March 15th, 2024 | Source CRMLS | DOM: 41
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,164
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24366045
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,468
  • Total Rent: $1,468
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 11.4
  • Gross Scheduled Income: --
  • Net Operating Income: $58,000
  • Gross Operating Income: $82,800
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5860 Estrella Ave

Interior Features
Cooling Information
  • Has Cooling
  • Heat Pump
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Street
Property Information
  • Total # of Units: 3
  • Parcel Number: 6004034020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Slauson Ave & Estrella Ave
View more facts & features

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Sale History for 5860 Estrella Ave

Last sold on May 16th, 2017
  • March, 2024

  • Mar 7, 2024

    Date

    Active

    CRMLS: 24366045

    $975,000

    Price

  • May, 2017

  • May 16, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2013

  • Dec 26, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5860 Estrella Ave

Assessed Value (2020): $445,707
Year Land Value Improved Value Assessed Value
2020 $275,914 $169,793 $445,707

Home Value Compared to the Market

This property vs the competition

5860 Estrella Ave is listed 21.12% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $555.87 per/sqft which puts the price per square foot 28.09% lower than the median price per square foot for the city of Los Angeles.

About 5860 Estrella Ave

Detailed summary of property

5860 Estrella Ave is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 6 bedrooms, 6 bathrooms, roughly 1,754 living square feet, and sits on an approximately 5,164 square foot lot. 5860 Estrella Ave was first listed on ArdentRealEstateGroup.com on March 14, 2024. The homeowner is currently asking $975,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 21.12% lower than the median priced home. Local competing homes currently for sale include 5116 S Budlong Ave, 107 E 67th St and 227 W 47th St. While the average home in Los Angeles, CA is selling in 96 days, 5860 Estrella Ave has a days on market of 41 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5860 Estrella 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 5860 Estrella Ave

Public county record property details
Beds
3
Baths
2
Year built
1921
Sq. Ft.
1,754
Lot Size
5,163
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
6004-034-020

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
$650,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$503
Total Inventory
80
Median Sale to List Price %
100%
Avg Days on Market
51
Loan Type
Conventional (57.14%), FHA (7.14%), VA (0%), Cash (7.14%), Other (14.29%)

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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.