Tour
More
1 / 26
2 / 26
3 / 26
5637 Hub Street, Los Angeles, CA 90042
7
beds
4
baths
2593
ft2
· 5601
ft2 lot
$1,549,000
$597 / ft2
Listing provided courtesy of Eric Dilanian, Remax Commercial and Investmen.
Source CRMLS.
** $50,000 Price Adjustment ** 14.37 GRM & 5.01% Cap Rate. Submit All Offers. We are pleased to offer this charming 3 Unit multi-family building in one of LA's hottest rental market - North Highland Park! The property was extensively renovated in 2018/2019 with no expense spared. This prime investment boasts one (1) detached 3 Bedroom & 2 Bathroom Single Family Residence that is VACANT and is perfect for an owner-user looking to occupy and rent out the remaining units which are Two (2) 2 Bedroom & 1 Bath Units. Each unit is separately metered for Gas & Electric. PLEASE DO NOT DISTURB OCCUPANTS OR WALK ON PROPERTY- DRIVE BY ONLY! The property is located in the rapidly gentrifying location of Highland Park, which is home to a growing number of trendy restaurants, coffee houses and nightlife. The property is in close proximity to York Retail Corridor, Figueroa Retail Corridor, the Gold Line, Downtown Los Angeles, South Pasadena and the San Gabriel Valley.
HOA
$—/month
On market
4 months
Year built
1927
Property type
Multi-Family
Parking
MLS
21675686
Price / Sq.Ft.
$597 / ft2
Status
Active
Tour this home
Request a free tour of this home
Friday
23
April
Saturday
24
April
Sunday
25
April
Monday
26
April
Tuesday
27
April
Wednesday
28
April
Thursday
29
April
Friday
30
April
Saturday
1
May
Sunday
2
May
Monday
3
May
Tuesday
4
May
Wednesday
5
May
Thursday
6
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $1,549,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$301/day
$0
Best
Flyhomes Guaranteed Offer
$7,745
- -
$7,745
Better
Discount Brokerage
$5,851
not offered
$5,851
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Interior Size
•   
Building Area Total: 2593.00
Property, Lot, Community & Exterior Features
Building Info
•   
Zoning: LAR2
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.1200
•   
Lot Size Area: 5601.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 3
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 104585.00
•   
Total Actual Rent: 107820.00
•   
Total Expenses: 26486.00
•   
Gross Multiplier: 14.37
Tax/Assessment Info
•   
Gross Income: 107820.00
•   
Tax Year: 2020
•   
Taxes: 9846.0
Lease Info
•   
Net Operating Income: 78100.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 2595.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 2595.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2495.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 2495.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: South of York, West of Figueroa, between Avenue 56 and Avenue 57 at the corner of Nolden.
Other
Calculation
•   
Dom: 93
•   
Cdom: 93
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 22, 2021 7:57am
Neighborhood snapshot
93
Properties for sale
13
Median days on market
$635.49
Median sold price/sqft
105.25%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
04/07/2021
04/07/2021
CRMLS #21675686
active
CRMLS #21675686
$1,549,000
--3.13%
01/04/2021
01/04/2021
CRMLS #21675686
active
CRMLS #21675686
$1,599,000
+110.39%
11/29/2017
11/29/2017
Public Record
sold
Public Record
$760,000
Nearby Similar Homes
street view
$1,799,999
5323 Monte Vista Street
Los Angeles, CA 90042
6 bed
4 bath
 ft²
 · 
7003
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

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 © 2021