$1,600,000
Est. Mortgage $6,985/mo Get Pre-Qualified
5350 2nd Ave
Los Angeles, CA 90043 (Park Mesa Heights)
For Sale
$1,600,000
Est. Mortgage $6,985/mo Get Pre-Qualified

5350 2nd Ave Los Angeles, CA 90043

(Park Mesa Heights)
  • 3 baths
  • Multi-Family
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  • High crime relative to the rest of Los Angeles county.

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  • 56 Elementary Schools

    30 Middle Schools

    30 High Schools

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Home Details for 5350 2nd Ave


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Excellent Income producing property. Located minutes from USC. Property consists of 17 Single occupancy rooms. Approximately 184ft each, common living area and 2.5 bathrooms. Below are 5 great loft-style storefront units. Will be completely vacated by close of escrow. Currently 2 tenants residing and 2 storefronts rented on month to month lease. Can be registered with the state for assisted living grants or rented without to regular tenants, OR could be used as a student housing facility. Property is a fixer with amazing income opportunity.
Features of this property

Information last updated on 06/23/2017 12:00 AM:
    • Price: $1,600,000
    • 3 full Bathrooms
    • Multi-Family
    • MLS/Source ID: 17243594
    • Zip: 90043
5350 2nd Avenue, Los Angeles CA
5350 2nd Ave
$1,600,000
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Additional Costs For 5350 2nd Ave


Price History & Trends


Compare homes in the area

This Home
$1,600,000
VS
$577,500
$755,000

Real Estate Trends in this area

Median sale price for all homes in this area $577,500 64% below listing price

Sold Homes near 5350 2nd Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
5622 Deane Ave, Los Angeles CA 1.07 Multi-Family $1,300,000 04/19/17 8 4 4,626
4619 Lexington Ave #1, Los Angeles CA 7.12 Multi-Family $1,775,000 06/13/17 10 8 6,346
632 N La Jolla Ave, Los Angeles CA 6.75 Multi-Family $1,685,000 05/31/17 4 2 2,487
1080 S Genesee Ave, Los Angeles CA 4.90 Multi-Family $1,500,000 06/09/17 6 4 3,966
951 S Ardmore Ave, Los Angeles CA 4.29 Multi-Family $1,370,000 06/08/17 8 4 3,888
6681 Fountain Ave, Los Angeles CA 7.05 Multi-Family $1,415,000 05/31/17 4 3 2,728
1270 W 37th St, Los Angeles CA 2.27 Multi-Family $1,262,000 05/16/17 6 4 3,080
4542 W 17th St, Los Angeles CA 3.61 Multi-Family $1,415,000 06/13/17 13 8 5,362
8985 Keith Ave, West Hollywood CA 7.39 Multi-Family $1,600,000 06/08/17 4 3 2,288
10734 Palms Blvd, Los Angeles CA 5.74 Multi-Family $1,650,000 06/01/17 9 6 4,012
Listing provided via the MLS:

Listing Provided by

Patty Lopez, John Aaroe Group, (310) 652-6285

Agent Phone: (310) 652-6285

John Aaroe Group is a leading real estate brokerage specializing in high-end property in the greater Los Angeles area. The company has represented some of the region's most prestigious properties, including the highest priced sale in the history of Beverly Hills. John Aaroe Group offers in-depth knowledge through its nine offices in Beverly Hills, Brentwood, the Sunset Strip, Baldwin Hills, Downtown Los Angeles, Toluca Lake, Studio City, Sherman Oaks and Pasadena. It also serves an international clientele through Aaroe Estates. In 2015, the firm participated in 2,834 closed transactions with a combined market value of over $2.3 billion.