5111 3rd Avenue

Los Angeles, CA 90043

$845,000
Last Sold Price
6
Beds
4
Baths
2,135 Sq. Ft.
$396 / Sq. Ft.
2,135
Sq. Ft.
$396
per Sq. Ft.

Description

This property is comprised of a 3/2 front house and a 3/2 rear ADU. The front house is currently occupied. Please do not disturb the tenant, but feel free to contact the listing realtor directly with any questions.This property is comprised of a 3/2 front house and a 3/2 rear ADU. The front house is currently occupied. Please do not disturb the tenant, but feel free to contact the listing realtor directly with any questions.
  1. Listed by Arlett Hamilton • DRE #01220789 • Brokerage DRE #01220789 • New Vision Real Estate Investm

Property Details for 5111 3rd Avenue

Zoning
LAR1
Style
A-Frame
Parcel Number
5014025012
Total Units
2.0
Living Area
2135
Source Living Area
Developer
Area
Park Hills Heights (PHHT)
Vacancy Rate
50%

Location

Listing Courtesy of New Vision Real Estate Investm, Arlett Hamilton, DRE #01220789

Sold By Compass, Beita Miles, DRE #01953382

Add your commute
LISTING UPDATED: 08/15/2023 04:35 PM

Property Details for 5111 3rd Avenue

StatusSold
MLS #23-273105
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.15 AC / 6,683 SF
CountyLos Angeles County

Location

Listing Courtesy of New Vision Real Estate Investm, Arlett Hamilton, DRE #01220789

Sold By Compass, Beita Miles, DRE #01953382

Add your commute

Building Information for 5111 3rd Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.15 AC / 6,683 SF

Payment Calculator

$5,060 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,612

Property Taxes

$448

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5111 3rd Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: SFR
Contract Info
Contract Info
  • Disclosures: Owner Has R.E. License
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $80,400
  • Net Operating Income: $75,400.00
  • Gross Income: $80,400
  • Gross Rent Multiplier: $8.70
  • Total Annual Expense: 5000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1534
  • Lot Size Square Feet: 6683
  • Lot Size Dimensions: 50x135
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Ceiling Fan, Central
  • Heating: Central, Wall Furnace
  • Heating Type: Central, Wall
  • Equipment: Ceiling Fan, Gas Dryer Hookup, Garbage Disposal
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Entry Date: 05-22-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $275,594.00
  • Assessed Improvement Percent: 45.38
  • Assessed Land Value: $331,714.00
  • Assessed Land Percent: 54.62
  • Assessed Total Value: $607,308.00

Property History for 5111 3rd 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 5111 3rd Avenue

Taxable ValueLand$338,348Additions$80,165Total$418,513
Tax Record2023$5,374 ($448 / month)
Home Facts
Beds5Total Finished SqFt2,141 SqFtAbove Grade Finished SqFt2,141 SqFtStories1Lot Size6,683 SqFtStyleSingle Family ResidenceYear Built1924ZoningLAR1CountyLOS ANGELESAPN5014-025-012

Schools near 5111 3rd Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alliance Ouchi-O'donovan 6-12 Complex
Charter6 to 12

Whitney Young Continuation School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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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 New Vision Real Estate Investm, Arlett Hamilton, DRE #01220789

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.