5475 Homeside Ave
Los Angeles, CA 90016
$643,666 Trulia Estimate

5475 Homeside Ave
Los Angeles, CA 90016

  • 10 baths
  • 6,231 sqft
  • 9,600 sqft lot size
  • Multi-Family
Off Market · Public Record
$643,666 Trulia Estimate
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  • 68 Elementary Schools

    32 Middle Schools

    17 High Schools

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  • Low crime relative to the rest of Los Angeles county.

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  • 85% of residents commute by car.

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  • 62 Restaurants

    9 Grocery stores

    11 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 10 Baths
  • Built in 1959
  • 9,600 sqft lot size
  • 6,231 sqft
Description

This property is no longer available to rent or buy. This description is from June 21, 2016
We are pleased to offer this ten (10) unit multifamily investment offering, located in the City of Los Angeles and subject to rent stabilization ordinance. The subject property was constructed of wood frame and stucco in 1959, and consists of approximately 6,231 rentable square feet on a 9,600 square foot lot. The unit mix consists of two (2) singles, five (5) 1+1 units, & three (3) 2+1 units. Upgrades to the investment include updated aluminum windows throughout, copper plumbing, a new roof with new rain gutters installed (2015), new exterior paint & stucco patch (2016), re-patched resurfaced parking area with new asphalt (2016), on-site laundry room installed for additional income (2016), new security camera with a DVR System installed (2015), and new landscaping (2016). The building amenities include six (6) carport parking spaces, two (2) garage parking/storage spaces with additional on-site parking, on-site surveillance, and the building is separately metered for gas & electricity

Price History
Date
Price
Event

11/17/2016
$1,850,000
Posting removed

06/21/2016
$1,850,000
Price change
Price Change
-$145,000 (-7.27%)
Source
BRC Advisors Inc.

04/27/2016
$1,995,000
Listed for sale

08/29/2014
$900,000
Sold
Recording Date
08/29/2014
Contract Date
08/25/2014
Sale Price
$900,000
Price Type
Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
County Transfer Tax
$990
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

06/16/2014
$922,000
Posting removed

06/15/2014
$922,000
Listed for sale

01/14/2003
$430,000
Sold
Recording Date
01/14/2003
Contract Date
11/04/2002
Sale Price
$430,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$473
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$12,200.81
Assessments
$913,724
Land
$659,912
Improvements
$253,812
Total
$913,724
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 90016
$756,871
76% above sold price
Median Sale Price for 90016
$700,000
63% above sold price
Average Sale price/sqft for 90016
$502/sqft
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
4.62
Multi-Family
$950,000
09/22/17
-
-
10,250
1.14
Multi-Family
$885,000
09/01/17
5
3
2,212
3.96
Multi-Family
$1,036,000
10/02/17
3
2
1,199
2.65
Multi-Family
$1,400,000
09/18/17
4
2
2,872
0.12
Multi-Family
$1,175,000
02/14/17
3
2
1,588
0.99
Multi-Family
$1,340,000
08/08/17
8
6
4,326
0.78
Multi-Family
$1,125,000
05/11/17
6
4
3,727
6.49
Multi-Family
$1,100,000
09/26/17
5
4
2,160
6.27
Multi-Family
$998,000
09/26/17
6
2
2,383
0.89
Multi-Family
$950,000
06/15/17
6
3
2,684

Contact Info


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