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SOLD 7/22/2022
5151 3rd Avenue, Los Angeles, CA 90043$959,000
6 beds 3 baths 2398 ft2 · 6090 ft2 lot$396 / ft2
6
beds 3
baths 2398
ft2 · 6090
ft2 lotListing provided courtesy of Listing Broker: Tia Hughes, Compass
Source CRMLS;
Beautifully Renovated 3-Unit Building In The Heart Of L.A With Owners Unit Delivered VACANT. Each Unit Offers 2 Bedrooms And 1 Bath. Front Building Is An Attached Duplex And 3rd Rear Unit Is Detached. Recent Upgrades Include Electrical Panel Boxes, Roof, Central AC & Heat. 2 Units Feature Upgraded Flooring, Cabinets, Countertops, Lighting, Paint, Appliances And More! With In-Unit Laundry, On-Site Parking And Convenient Access To Public Transportation, This Triplex Is Appealing To Renters And Has Lots Of Upside Potential. 1 Unit Is A Well-Maintained Original Condition Unit. Live In 1 And Collect Rents Or Rent All 3 Units. Don't Miss Out On This Investment Opportunity!
HOA
$0/month
On market
11 days
Year built
1924
Property type
Multi-Family
Parking
6
MLS
22162823
Price / Sq.Ft.
$396 / ft2
Status
Closed
Buyer’s Brokerage Commission
2.5%
Home details for 5151 3rd Avenue
Interior Features & Layout
Appliances
•
Laundry Details: Washer Included, Dryer Included, Inside
•
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Oven
•
Has Appliances
•
Laundry: 1
Fireplace Info
•
Has Fireplaces
•
Fireplace Details: Decorative, Living Room
Heating & Cooling
•
Has Heating
•
Heating Details: Wall Furnace, Central
•
Cooling Details: Central Air
Flooring
•
Flooring: Laminate, Wood, Tile, Carpet
Interior Size
•
Building Area Total: 2398.00
Property, Lot, Community & Exterior Features
Parking Info
•
Parking Available: 1
•
Parking Features: Public, Driveway, Street, Shared Driveway, Uncovered
Building Info
•
Zoning: LAR1
•
Stories Total: 1
Lot Info
•
Lot Size Source: Assessor, Assessor
•
Lot Size Acres: 0.1398
•
Lot Size Dimensions: 45x135
•
Lot Size Area: 6090.0000
•
Lot Size Units: Square Feet
Community Info
•
Number Of Buildings: 2
•
Total Units: 3
Listing Details, Costs & Financing Information
Financial Info
•
Gross Operating Income: 55860.00
•
Water Sewer Expense: 1700.00
•
Maintenance Expense: 1000.00
•
Total Actual Rent: 4900.00
•
New Taxes Expense: 11862.00
•
Insurance Expense: 1550.00
•
Total Expenses: 16112.00
•
Gross Multiplier: 16.14
Tax/Assessment Info
•
Gross Income: 58800.00
•
Tax Year: 2021
•
Taxes: 8634.33
Lease Info
•
Net Operating Income: 41142.00
Other
•
Financial Info As Of: 2022-06-01 00:00:00
Listing Info
•
Status: Closed
Multi Unit Information
Unit 3 Information
•
Unit 3 Bedrooms: 2
•
Unit 3 Actual Rent: 0.00
•
Unit 3 Total Units: 3
•
Unit 3 Furnished Units: Unfurnished
•
Unit 3 Bathrooms: 1
•
Unit 3 Total Rent: 0.00
Unit 2 Information
•
Unit 2 Actual Rent: 1298.60
•
Unit 2 Bedrooms: 2
•
Unit 2 Total Units: 2
•
Unit 2 Furnished Units: Unfurnished
•
Unit 2 Bathrooms: 1
•
Unit 2 Total Rent: 1298.60
Unit 1 Information
•
Unit 1 Bedrooms: 2
•
Unit 1 Total Units: 1
•
Unit 1 Furnished Units: Unfurnished
•
Unit 1 Bathrooms: 1
•
Unit 1 Actual Rent: 1300.00
•
Unit 1 Total Rent: 1300.00
Multi Unit Information
•
# Of Units: 13
School Neighborhood & Directions
School Info
•
Directions: Arlington Ave and W Slauson
Other
Calculation
•
Dom: 11
Property History for 5151 3rd Avenue
07/22/2022
07/22/2022
CRMLS #22162823
sold
CRMLS #22162823
$959,000
+1.05%
06/13/2022
06/13/2022
CRMLS #22162823
pending
CRMLS #22162823
$949,000
—
06/02/2022
06/02/2022
CRMLS #22162823
active
CRMLS #22162823
$949,000
—
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Real estate brokerage licenses
1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes is registered trademark of Flyhomes, Inc.
NMLS Consumer Access
Affiliated Business Arrangement Disclosure