5916 Piedmont Ave, Los Angeles, CA 90042
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5916 Piedmont Ave Los Angeles, CA 90042

$860,000
  • 2 Beds
  • 1.75 Baths
  • 1,052 Sq.Ft.
For Sale
$860,000 Get Pre-Qualified

Map preview of 5916 Piedmont Ave, Los Angeles, CA 90042

Property Overview: 5916 Piedmont Ave Los Angeles, CA has 2 bedrooms, 1.75 bathrooms, 1,052 living square feet and 1,600 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: Adorable Duplex in the heart of Highland Park. The 2 bedroom unit was recently fully remodeled. Some of the features of this unit include a full kitchen with subway tiles and small dining counter, hardwood floors, all stainless steel appliances, in unit washer dryer, kitchen skylight, mini-split and tankless water heater. The outdoor space includes a side-deck, rear-deck and back yard. Each detail of this remodeled unit has been considered to create a modern-industrial design. The other 1 bedroom unit has not been remodeled. Located in the Heart of Highland park! One block away from the Highland Park Metro station and just minutes away from the 110 freeway.

Listed by Iacopo Wachter | BRE #01487692 | First American Team Realty Inc
Last checked: 1 minute ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
1,600
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Duplex
Status
Active
MLS#
PW24154949
City
Los Angeles
County
Los Angeles
Time on Site
42 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,472
  • Total Rent: $2,472
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $889
  • Total Rent: $889
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,332
  • Net Operating Income: $37,355
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $2,977
  • Trash: $0
  • Gardener: $0
  • Insurance: $2,077
  • Water/Sewer: $900

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Property Details for 5916 Piedmont Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5492013006
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not 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: Go N on Figueroa; Make left on N Ave 59 then R on Piedmont; or Make left on N Ave 60 the L of Piedmont
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 5916 Piedmont Ave

Last sold for $509,000 on August 29th, 2018
  • August, 2024

  • Aug 8, 2024

    Date

    Active

    CRMLS: PW24154949

    $900,000

    Price

  • December, 2018

  • Dec 20, 2018

    Date

    Sold

    CRMLS: P0-818003500

    $509,000

    Price

  • Aug 14, 2018

    Date

    Pending

    CRMLS: P0-818003500

    $519,000

    Price

  • Jul 25, 2018

    Date

    Active Under Contract

    CRMLS: P0-818003500

    $519,000

    Price

  • Jul 16, 2018

    Date

    Active

    CRMLS: P0-818003500

    $519,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location, walking distance to Metro Station, Coffee shops, restaurants and Tuesday's Farmers Market on Figueroa Blvd in trendy Highland Park. This charming Spanish style Duplex is a rare find in this area. Each unit has 1 bedroom, 1 bath. Perfect starter with a rental to help pay the mortgage. One unit will be delivered vacant. Newer windows, roof and exterior paint. Newer tile and Laminate wood flooring in 5916.Come see it before it is gone.

  • August, 2018

  • Aug 29, 2018

    Date

    Sold (Public Records)

    Public Records

    $509,000

    Price

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Tax History for 5916 Piedmont Ave

Assessed Value (2020): $519,180
Year Land Value Improved Value Assessed Value
2020 $386,580 $132,600 $519,180

Home Value Compared to the Market

This property vs the competition

5916 Piedmont Ave is listed 28.33% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $817.49 per/sqft which puts the price per square foot 6.44% higher than the median price per square foot for the city of Los Angeles.

About 5916 Piedmont Ave

Detailed summary of property

5916 Piedmont Ave is a duplex located in Los Angeles, CA 90042 and is currently for sale. This duplex offers 2 bedrooms, 1.75 bathrooms, roughly 1,052 living square feet, and sits on an approximately 1,600 square foot lot. 5916 Piedmont Ave was first listed on ArdentRealEstateGroup.com on August 8, 2024. The homeowner is currently asking $860,000 and was originally asking $900,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.33% lower than the median priced home. Local competing homes currently for sale include 4936 Templeton St, 5363 Edna St and 2620 Idell St. While the average home in Los Angeles, CA is selling in 106 days, 5916 Piedmont Ave has a days on market of 42 days. 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 5916 Piedmont Ave Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5916 Piedmont Ave

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
1,052
Lot Size
1,600
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5492-013-006

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$995,000
Median List Price/Sq.Ft.
$800
Median Sold Price
$1,210,001
Median Sold Price/Sq.Ft.
$863
Total Inventory
112
Median Sale to List Price %
121.12%
Avg Days on Market
29
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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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.