1516 5th Avenue
1516 5th Avenue
Sold 2/24/23
Sold 2/24/23
Description
- Listed by Maria Anderson • DRE #01874132 • Brokerage DRE #01919385 • Phoenix RE Consulting
Property Details for 1516 5th Avenue
Location
Sold By Marcus & Millichap, Jason Tuvia, DRE #01772495
Property Details for 1516 5th Avenue
| Status | Sold |
|---|---|
| MLS # | 22-208839 |
| Days on Market | 84 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2020 |
| Lot Size | 0.16 AC / 7,000 SF |
| County | Los Angeles County |
Location
Sold By Marcus & Millichap, Jason Tuvia, DRE #01772495
Building Information for 1516 5th Avenue
Payment Calculator
$16,700 per month
30 year fixed, 7.25% Interest
$15,062
$1,638
$0
Property Information for 1516 5th Avenue
- Number Of Units: 4
- Senior Community: No
- Management Company Name: Phoenix RE Consulting
- Management Company Phone: 8184424610|
- Year Built Source: Builder
- Number Of Stories: 2
- Number Of Buildings: 2
- Type Of Units: Duplex
- View: No
- View Description: None
- View: None
- Property Condition: New Construction
- Water Heaters: Yes
- Building Permit: Yes
- Disclosures: Owner Has R.E. License, Owner Is Listing Agent
- Listing Type: Exclusive Agency
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $172,272
- Net Operating Income: $132,932.00
- Gross Income: $14,800
- Cap Rate: 5.50%
- Gross Rent Multiplier: $16.27
- Actual Annual Gross Rent: $177,600.00
- Actual Gross Annual Income: $177,600
- Actual Rent Total: $177,600.00
- Total Annual Expense: 33680
- Electric Expense: $720.00
- Tax Expense: $32,000
- Gardener Expense: $960
- Lot Acreage: 0.1607
- Lot Size Square Feet: 7000
- Lot Size Dimensions: 50x140
- Source Lot Size Dimensions: Vendor Enhanced
- Lot Features: Back Yard
- Lot Description: Back Yard
- Parking Garage: Carport, Attached
- Total Parking: 8
- Covered Parking: 3
- Open Other Spaces Total: 5
- Garage Spaces Total: 3
- Carport Spaces Total: 2
- Parking Features: Carport
- Attached Garage: Yes
- Cooling: Central Air
- Cooling Type: Central
- Heating: Central
- Heating Type: Central
- Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Microwave, Refrigerator, Water Line to Refrigerator
- Laundry: In Unit
- New Construction: Yes
- Other Structures: None
- Entry Date: 10-17-2022
- Rent Control: No
- Unit Beds: 4
- Unit Baths: 3
- Unit Furnished: No
- Unit Rent: $4,200.00
- Unit Actual Rent: $4,200.00
- Unit Projected Rent: $4,400.00
- Like Units: 1
- Unit Beds: 3
- Unit Baths: 2
- Unit Furnished: No
- Unit Rent: $3,300.00
- Unit Actual Rent: $3,300.00
- Unit Projected Rent: $3,500.00
- Like Units: 1
- Unit Beds: 4
- Unit Baths: 3
- Unit Furnished: No
- Unit Rent: $4,000.00
- Unit Actual Rent: $4,000.00
- Unit Projected Rent: $4,400.00
- Like Units: 1
- Unit Beds: 3
- Unit Baths: 3
- Unit Furnished: No
- Unit Rent: $3,300.00
- Unit Actual Rent: $3,300.00
- Unit Projected Rent: $3,500.00
- Like Units: 1
- Unit Type Type: 2106, 2107, 2108, 2109
- Assessed Improvement Value: $167,719.00
- Assessed Improvement Percent: 20.0
- Assessed Land Percent: 80
Property History for 1516 5th Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1516 5th Avenue
Schools near 1516 5th Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Carson-Gore Academy Of Enviornmental Studies PublicK to 5 | ||
Pio Pico Middle School Public6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
City Language Immersion Charter (CLIC) CharterK to 5 |
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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Listing Courtesy of Phoenix RE Consulting, Maria Anderson, DRE #01874132
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.