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6613 5Th Ave, Los Angeles, CA 90043
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6613 5Th Ave Los Angeles, CA 90043

$460,000 Sold Price as of 03/19/2021
  • 3 Beds
  • 2 Baths
  • 1,100 Sq.Ft.
Sold
$460,000 Sold Price as of 03/19/2021 Refinance Your Mortgage
Map preview of 6613 5Th Ave, Los Angeles, CA 90043

Property Overview: 6613 5Th Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,100 living square feet and 4,799 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Opportunity plus affordability allows this strategically located property to be yours. The Metro Rail that will connect the Crenshaw and Leimert Park neighborhoods to Inglewood and the LAX Airport. Also, the newly constructed Sofi Stadium, numerous restaurants and a variety of stores enhance the community. The front 2 bedroom home and the rear 1 bedroom home are in need of cosmetic upgrades. This property is an ideal purchase for buyers seeking to reside in one home and generate income from the 2nd home, or families seeking to purchase a property to accommodate multiple family members. The lengthy driveway may accommodate 4 vehicles, allowing the detached garage to be converted into an ADU with City approval. Adjacent to the rear house, there is a fenced in area available for multiple purposes. Title records show 3 bedrooms/1 bath but the property actually is 3 bedrooms/2 baths. Front tenant prefers to stay; rear house will be delivered vacant.

Listed by Sharon C. Williams | BRE #01336740 | Waters Real Estate Services
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
4,799
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21677196
City
Los Angeles
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,260
  • Total Rent: $1,260
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $676
  • Total Rent: $676
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $17,293
  • Gross Operating Income: $23,232
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6613 5Th Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl, Laminate
Interior Features
  • Security Features: Gated Community, Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
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 Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • Total # of Units: 2
  • Parcel Number: 4008006019
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw Blvd and West of South Van Ness Avenue; North of West Florence Avenue and South of Hyde Park Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 6613 5Th Ave

Last sold for $460,000 on March 19th, 2021

  • March, 2021

  • Mar 20, 2021

    Date

    Sold

    CRMLS: 21677196

    $460,000

    Price

  • Jan 28, 2021

    Date

    Pending

    CRMLS: 21677196

    $479,000

    Price

  • Jan 13, 2021

    Date

    Active

    CRMLS: 21677196

    $479,000

    Price

  • September, 2000

  • Sep 11, 2000

    Date

    Sold (Public Records)

    Public Records

    $169,000

    Price

  • May, 2000

  • May 26, 2000

    Date

    Sold (Public Records)

    Public Records

    $106,000

    Price

Show More

Tax History for 6613 5Th Ave

Assessed Value (2020): $232,831
Year Land Value Improved Value Assessed Value
2020 $172,218 $60,613 $232,831

Home Value Compared to the Market

This property vs the competition

6613 5Th Ave sold on March 19, 2021 for 59.75% 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 $435.45 per/sqft which puts the price per square foot 42.32% lower than the current median sale per square foot for the city of Los Angeles.

About 6613 5Th Ave

Detailed summary of property

6613 5Th Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,100 living square feet, and sits on an approximately 4,799 square foot lot. 6613 5Th Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $460,000. 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 59.75% lower than the current median priced home. Local homes that are currently for sale include 8054 Michael Dr. While the average home in Los Angeles, CA is selling in 96 days, 6613 5Th Ave has a days on market of 14 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 6613 5Th Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6613 5Th Ave

Public county record property details
Beds
3
Baths
1
Year built
1924
Sq. Ft.
1,100
Lot Size
4,799
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41
APN
4008-006-019

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$945,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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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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