5408 Shelley Street

Los Angeles, CA 90032

$820,000
Last Sold Price
5
Beds
3
Baths
2,259 Sq. Ft.
$363 / Sq. Ft.
2,259
Sq. Ft.
$363
per Sq. Ft.

Description

Three units in two buildings consisting of a mid-century duplex with two-2bd, 1ba units and a single family detached character studio/jr-1bd. The house was built in 2008 and is not currently under rent control. The duplex was built in 1953 and is currently under rent control. All three units have hardwood floors. 2 units have laundry inside. The house has a combo heat and air unit and the duplex has wall heating in both units. The house has a private grassy side yard and there's plenty of off-street...Three units in two buildings consisting of a mid-century duplex with two-2bd, 1ba units and a single family detached character studio/jr-1bd. The house was built in 2008 and is not currently under rent control. The duplex was built in 1953 and is currently under rent control. All three units have hardwood floors. 2 units have laundry inside. The house has a combo heat and air unit and the duplex has wall heating in both units. The house has a private grassy side yard and there's plenty of off-street parking behind the duplex. Inspection and viewing with offer only. R1.5 zoned so check with city for options to build additional units or expand on the existing units. Property is professionally managed and well maintained. Owner pays water, tenants pay all other utilities. Financials available upon request. Buyer to cooperate with 1031 exchange at no cost.

Listing Agent

  1. John Seffker

    John Seffker

    Listing Agent

    Compass

    DRE #01250360

Property Details for 5408 Shelley Street

Zoning
LARD1.5
Cross Streets
Poplar
Parcel Number
5219033032
Total Units
3.0
Living Area
2259
Source Living Area
Vendor Enhanced
Area
El Sereno (621)
Vacancy Rate
0

Location

Listing Courtesy of Compass, John Seffker, DRE #01250360

Sold By Keller Williams Studio City, Daniel Kountz, DRE #02077212

Add your commute
LISTING UPDATED: 06/24/2021 10:16 AM

Property Details for 5408 Shelley Street

StatusSold
MLS #20-553718
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.16 AC / 6,778 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, John Seffker, DRE #01250360

Sold By Keller Williams Studio City, Daniel Kountz, DRE #02077212

Add your commute

Building Information for 5408 Shelley Street

Stories2Residences-Year Built1953Building Size-Lot Size0.16 AC / 6,778 SF

Payment Calculator

$5,346 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,475

Property Taxes

$871

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5408 Shelley Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Two building
  • View: No
  • View Description: None
  • View: None
  • Water: In Street
  • Sewer: In Street
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $55,221
  • Net Operating Income: $47,821.00
  • Gross Income: $55,221
  • Cap Rate: 5.60%
  • Gross Rent Multiplier: $15.39
  • Actual Annual Gross Rent: $55,221.72
  • Actual Gross Annual Income: $55,222
  • Actual Rent Total: $55,221.72
  • Lease Per Month Year: Month, See Remarks
  • Owner Pays: Water
  • Total Annual Expense: 7400
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: Yes
  • Lot Size Square Feet: 6778
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway, On street, Parking Space, Shared Driveway
  • Total Parking: 6
  • Garage Spaces Total: 0
  • Parking Features: Driveway, Street, Parking Space, Shared Driveway
Interior Features
Interior Features
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window, Other
  • Heating Type: Wall Gas
  • Flooring: Wood, Other
  • Equipment: Range/Oven, Refrigerator
  • Laundry: In Unit, Other
Exterior Features
Exterior Features
  • Roof: Asphalt
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-13-2020
  • Listing Terms: Cash, Cash To New Loan, Exchange/Trade
  • Rent Control: 66
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,308.45
  • Unit Actual Rent: $1,308.45
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,931.77
  • Unit Actual Rent: $1,931.77
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,361.59
  • Unit Actual Rent: $1,361.59
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $139,799.00
  • Assessed Land Value: $310,666.00

Property History for 5408 Shelley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5408 Shelley Street

Taxable ValueLand$420,470Additions$409,958Total$830,428
Tax Record2023$10,448 ($871 / month)
Home Facts
Total Finished SqFt2,759 SqFtAbove Grade Finished SqFt2,759 SqFtLot Size6,778 SqFtStyleTriplexYear Built1953ZoningLARD1.5CountyLOS ANGELESAPN5219-033-032

Schools near 5408 Shelley Street

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
Public - 9 to 12
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 6

Luther Burbank Middle School
Public6 to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High 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 Compass, John Seffker, DRE #01250360

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.