5410 Blackwelder Street

Los Angeles, CA 90016

$1,360,000
Last Sold Price
8
Beds
5
Baths
3,224 Sq. Ft.
$422 / Sq. Ft.
3,224
Sq. Ft.
$422
per Sq. Ft.

Description

We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 5410 Blackwelder Street, in the City of Los Angeles. This two-story building was constructed of wood frame and stucco on a raised foundation built in 1964 with a square footage of 3,224 on a 4,800-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of two (2) 2+1 units, one (1) 3+2...We are pleased to offer for sale this four (4) unit multifamily investment opportunity located at 5410 Blackwelder Street, in the City of Los Angeles. This two-story building was constructed of wood frame and stucco on a raised foundation built in 1964 with a square footage of 3,224 on a 4,800-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of two (2) 2+1 units, one (1) 3+2 unit, and one (1) 1+1 unit. The subject property is 75% occupied, and one (1) of the 2-bedroom units will be delivered vacant. The investment boasts spacious floor plans, secured gated entry, on-site parking, laundry for additional income, and individually metered for gas and electricity.
  1. Listed by Davis Saadian • DRE #01921748 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
  2. Listed by Adam Shamooelian • DRE #02116849 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 5410 Blackwelder Street

Zoning
LARD1.5
Parcel Number
5043021014
Total Units
4.0
Living Area
3224
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
25%
Lot Size Area
4802

Location

Listing Courtesy of Keller Williams Beverly Hills, Davis Saadian, DRE #01921748; Keller Williams Beverly Hills, Adam Shamooelian, DRE #02116849

Sold By Nelson Shelton Real Estate Era Powered, Vickie Radzivil, DRE #00943436

Add your commute
LISTING UPDATED: 12/07/2021 01:17 PM

Property Details for 5410 Blackwelder Street

StatusSold
MLS #21-784032
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.11 AC / 4,802 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Davis Saadian, DRE #01921748; Keller Williams Beverly Hills, Adam Shamooelian, DRE #02116849

Sold By Nelson Shelton Real Estate Era Powered, Vickie Radzivil, DRE #00943436

Add your commute

Building Information for 5410 Blackwelder Street

Stories2Residences-Year Built1964Building Size-Lot Size0.11 AC / 4,802 SF

Payment Calculator

$8,826 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,422

Property Taxes

$1,404

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5410 Blackwelder Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Water Heaters: Yes
  • ADA Compliance: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $84,649
  • Net Operating Income: $57,805.00
  • Gross Income: $86,340
  • Gross Rent Multiplier: $15.97
  • Total Annual Expense: 26845
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1102
  • Lot Size Square Feet: 4802
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 4
  • Parking Features: Assigned
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Freezer, Range/Oven, Refrigerator, Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-15-2021
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,719.00
  • Unit Actual Rent: $1,719.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,226.00
  • Unit Actual Rent: $1,226.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $147,531.00
  • Assessed Improvement Percent: 39.06
  • Assessed Land Value: $230,151.00
  • Assessed Land Percent: 60.94
  • Assessed Total Value: $377,682.00

Property History for 5410 Blackwelder 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 5410 Blackwelder Street

Taxable ValueLand$545,190Additions$818,040Total$1,363,230
Tax Record2023$16,850 ($1,404 / month)
Home Facts
Total Finished SqFt3,224 SqFtAbove Grade Finished SqFt3,224 SqFtLot Size4,802 SqFtStyleQuadraplexYear Built1964ZoningLARD1.5CountyLOS ANGELESAPN5043-021-014

Schools near 5410 Blackwelder Street

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

Daniel Webster Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

New Los Angeles Elementary School
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.

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 Keller Williams Beverly Hills, Davis Saadian, DRE #01921748; Keller Williams Beverly Hills, Adam Shamooelian, DRE #02116849

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.