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5323 MONTE VISTA Street, Los Angeles, CA 90042
6
beds
4
baths
· 7003
ft2 lot
$1,799,999
Listing provided courtesy of Brad Keyes, Keyes Real Estate.
Source CRMLS.
Rare investment opportunity to own a multi-family home in the heart of Highland Park. This charming & updated 1908 Victorian-style 2-story home consists of 3 units in the main house 2 (2 bed / 1 bath units), 1 (1 bed / 1 bath unit) w/ a 4th stand-alone 2 bed/1 bath unit in the back connected to a 2-car garage. The units feature new vinyl hardwood flooring, new appliances (including washer/dryer), new stove/range, new countertops, new bathroom sink and vanities, large closets with plenty of additional storage space, private outdoor space, upgraded electrical system, drought-tolerant landscaping and off-street gated parking. As a contributing member to the local Historic Preservation Opportunity Zone (HPOZ), this property may be eligible for Mills Tax Act status, providing tremendous real estate tax savings. Walkable to all the hot spots along Figueroa Street and trendy York Boulevard, this Property is centrally located and a short walk to the Metro Highland Park Gold Line.
HOA
$—/month
On market
8 months
Year built
1908
Property type
Multi-Family
Parking
MLS
20638918
Price / Sq.Ft.
ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Appliances: Refrigerator
•   
Has Appliances
•   
Security Features: Gated Community
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage
Property Features
•   
View: City Lights, Park/Greenbelt, Mountain(s)
•   
Property Condition: Updated/Remodeled
Lot Info
•   
Zoning: LARD2
•   
Lot Size Source: Assessor
•   
Lot Size Area: 7003.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Property Type
•   
Architectural Style: Victorian
Building Info
•   
Stories Total: 2
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 123504.00
•   
Vacancy Allowance Rate: 25.00
•   
Total Actual Rent: 123504.00
•   
Total Expenses: 34935.00
•   
Gross Multiplier: 16.19
Tax/Assessment Info
•   
Gross Income: 123504.00
•   
Tax Year: 2020
•   
Taxes: 7061.0
Lease Info
•   
Net Operating Income: 88569.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 2094.00
•   
Unit 3 Total Units: 3
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 2049.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2249.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 2249.00
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: 3199.00
•   
Unit 1 Total Rent: 3199.00
Unit 4 Information
•   
Unit 4 Actual Rent: 2750.00
•   
Unit 4 Total Units: 4
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 0.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Bedrooms: 2
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
Location
•   
Directions: Monte Vista Street between 53rd and 54th.
Other
Calculation
•   
Dom: 39
•   
Cdom: 39
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 15, 2021 4:56pm
Neighborhood snapshot
96
Properties for sale
12
Median days on market
$635.49
Median sold price/sqft
106.23%
Sold/List %
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Property History
03/04/2021
03/04/2021
Public Record
sold
Public Record
$1,690,000
--6.11%
11/06/2020
11/06/2020
CRMLS #20638918
active
CRMLS #20638918
$1,799,999
--0.00%
10/22/2020
10/22/2020
CRMLS #20638918
active
CRMLS #20638918
$1,800,000
--10.00%
09/28/2020
09/28/2020
CRMLS #20638918
active
CRMLS #20638918
$1,999,995
+47.06%
01/24/2020
01/24/2020
Public Record
sold
Public Record
$1,360,000
+6.67%
See more property history
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