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5866 S Olive St, Los Angeles, CA 90003
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5866 S Olive St Los Angeles, CA 90003

$585,000 Sold Price as of 03/22/2023
  • 4 Beds
  • 3 Baths
  • 2,140 Sq.Ft.
Sold
$585,000 Sold Price as of 03/22/2023 Refinance Your Mortgage
Map preview of 5866 S Olive St, Los Angeles, CA 90003

Property Overview: 5866 S Olive St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,140 living square feet and 5,079 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great triplex in Los Angeles. Live in one and rent the other two units. This property has awesome potential for the investor or if you want to own a property and rent the other 2. The property will not last in the market. Frint unite features 2 bedrooms and 1 bathroom. The building in the back has the other 2 units with one bedroom and one bathroom each. Property is next to the 110 FWY and minutes from downtown Los Angeles

Listed by Jose Nino | BRE #01270729 | REALTY MASTERS & ASSOCIATES
Last checked: 11 minutes ago | Last updated: March 23rd, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,079
HOA Dues
$0/mo
Year built
1924
Garage
1 Car
Property Type:
Triplex
Status
Sold
MLS#
CV23007751
City
Los Angeles
County
Los Angeles
Time on Site
614 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $150
  • Gas/Fuel: $0
  • Trash: $100
  • Insurance: $160
  • Water/Sewer: $120

Property Details for 5866 S Olive St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 6005007018
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Slauson west of Broadway
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 5866 S Olive St

Last sold for $585,000 on March 22nd, 2023

  • March, 2023

  • Mar 22, 2023

    Date

    Sold

    CRMLS: CV23007751

    $585,000

    Price

  • Jan 25, 2023

    Date

    Active

    CRMLS: CV23007751

    $589,000

    Price

Tax History for 5866 S Olive St

Assessed Value (2020): $55,927
Year Land Value Improved Value Assessed Value
2020 $21,944 $33,983 $55,927

Home Value Compared to the Market

This property vs the competition

5866 S Olive St sold on March 22, 2023 for 47.41% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $275.23 per/sqft which puts the price per square foot 61.98% lower than the current median sale per square foot for the city of Los Angeles.

About 5866 S Olive St

Detailed summary of property

5866 S Olive St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 4 bedrooms, 3 bathrooms, roughly 2,140 living square feet, and sits on an approximately 5,079 square foot lot. 5866 S Olive St was first listed on ArdentRealEstateGroup.com on January 15, 2023. The homeowner sold the property for $585,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.41% lower than the current median priced home. Local homes that are currently for sale include 523 W 76th Street, 523 W 76th Street and 1201 W 54th St. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5866 S Olive St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5866 S Olive St

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
2,140
Lot Size
5,079
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
62
APN
6005-007-018

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 5866 S Olive St

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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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