5414 South Mullen Avenue

Los Angeles, CA 90043

$500,000
Price
3
Beds
2,120 Sq. Ft.
$236 / Sq. Ft.
2,120
Sq. Ft.
$236
per Sq. Ft.

Description

Unlock your next lucrative venture with this prime development opportunity nestled at 5414 S. Mullen Ave in Los Angeles County. Unlike properties under Los Angeles City's rent control, this Windsor Hills property offers unparalleled potential for investors and developers alike. While the existing structure may be at the end of its journey, its true value is centrally located property allowing for multiple units in an area in demand. Seize a brand-new beginning for redevelopment in the heart of this...Unlock your next lucrative venture with this prime development opportunity nestled at 5414 S. Mullen Ave in Los Angeles County. Unlike properties under Los Angeles City's rent control, this Windsor Hills property offers unparalleled potential for investors and developers alike. While the existing structure may be at the end of its journey, its true value is centrally located property allowing for multiple units in an area in demand. Seize a brand-new beginning for redevelopment in the heart of this thriving residential landscape. Positioned strategically, this property boasts seamless access to the Metro K line minutes away as well as nearby amenities and attractions, ensuring maximum convenience and desirability. This coveted location sets the stage for immediate development upon acquisition, streamlining your path to success. Coupled with LCR2YY zoning and the prospect of additional ADUs, this investment promises to meet the soaring demand for housing in the vibrant tapestry of Los Angeles County.
  1. Listed by Joyce Reese • DRE #01328558 • Brokerage DRE #01968349 • Home Smart Realty Group • 310-714-6610

Property Details for 5414 South Mullen Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2120
Assessor Parcel Number
5007-016-032
Property Attached YN
false

Location

Listing Courtesy of Home Smart Realty Group, Joyce Reese, DRE #01328558
Add your commute
LISTING UPDATED: 05/12/2024 08:48 AM

Property Details for 5414 South Mullen Avenue

StatusActive
MLS #SB24093506
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.16 AC / 6,996 SF
CountyLos Angeles County

Location

Listing Courtesy of Home Smart Realty Group, Joyce Reese, DRE #01328558
Add your commute

Building Information for 5414 South Mullen Avenue

Stories2Residences-Year Built1940Building Size-Lot Size0.16 AC / 6,996 SF

Payment Calculator

$2,956 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$227

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5414 South Mullen Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 5535
  • Tax Census Tract: 7032.00
  • CFD/Mello-Roos Fee: $1,152
  • Tax Lot: 171
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Entry Location: 1
  • Property Condition: Repairs Major
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 5414 South Mullen Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5414 South Mullen Avenue

Taxable ValueLand$64,218Additions$68,061Total$132,279
Tax Record2023$2,723 ($227 / month)
Home Facts
Total Finished SqFt2,120 SqFtAbove Grade Finished SqFt2,120 SqFtLot Size6,994 SqFtStyleDuplexYear Built1940ZoningLCR2YYCountyLOS ANGELESAPN5007-016-032

Schools near 5414 South Mullen Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Fifty-Fourth Street Elementary School
PublicK to 6

Audubon Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5414 South Mullen Avenue is a multi-family home for sale in Los Angeles, CA 90043. This property was listed for sale on May 8, 2024 by Home Smart Realty Group, it's currently listed at $500,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifty-Fourth Street Elementary School, Audubon Middle School and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 5414 South Mullen Avenue is a 3-bed, 0-bath, 2,120 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Home Smart Realty Group, Joyce Reese, DRE #01328558

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.