5415 Hubbard Street

Los Angeles, CA 90022

$950,000
Last Sold Price
9
Beds
6
Baths
3,720 Sq. Ft.
$255 / Sq. Ft.
3,720
Sq. Ft.
$255
per Sq. Ft.

Description

This is a rare opportunity to own a solid residential investment property within a great pocket of Unincorporated East Los Angeles. The Hubbard Apartments consist of a total of 5 units; two detached single family homes and a separate two-story structure consisting of 3 units. Each unit is separately metered for gas and electricity. The two single family homes consist of a 3 bedroom, 1 bath and 1 bedroom, 1 bath. The triplex consists of two 1 bedroom, 1 bath units plus another non-conforming unit...This is a rare opportunity to own a solid residential investment property within a great pocket of Unincorporated East Los Angeles. The Hubbard Apartments consist of a total of 5 units; two detached single family homes and a separate two-story structure consisting of 3 units. Each unit is separately metered for gas and electricity. The two single family homes consist of a 3 bedroom, 1 bath and 1 bedroom, 1 bath. The triplex consists of two 1 bedroom, 1 bath units plus another non-conforming unit of which plans have been submitted to legalize and convert into a 1,150 SF 3 bedroom, 2 bath unit. Located in close proximity to the Metro Gold Line's Atlantic Station (Atlantic Boulevard and Beverly Boulevard) and the 60, 710, 5 and 10 freeways. Tons of upside in rental income!
  1. Listed by Enrique Viramontes • DRE #01372010 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 5415 Hubbard Street

Zoning
LCR3YY
Parcel Number
6341027027
Total Units
5.0
Living Area
3720
Source Living Area
Other
Area
East LA
Vacancy Rate
1%
Lot Size Area
4623

Location

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010

Sold By Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010

Add your commute
LISTING UPDATED: 04/11/2023 03:45 PM

Property Details for 5415 Hubbard Street

StatusSold
MLS #23-248017
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.11 AC / 4,623 SF
CountyLos Angeles County

Location

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010

Sold By Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010

Add your commute

Building Information for 5415 Hubbard Street

Stories2Residences-Year Built1924Building Size-Lot Size0.11 AC / 4,623 SF

Payment Calculator

$6,050 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$865

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5415 Hubbard Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $71,161
  • Net Operating Income: $43,681.00
  • Gross Income: $71,880
  • Cap Rate: 4.16%
  • Gross Rent Multiplier: $14.61
  • Total Annual Expense: 27480
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1061
  • Lot Size Square Feet: 4623
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Driveway
  • Total Parking: 3
  • Parking Features: Covered, Driveway
Interior Features
Interior Features
  • Cooling Type: Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-06-2023
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $900.00
  • Unit Actual Rent: $900.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $863.00
  • Unit Actual Rent: $2,590.00
  • Unit Projected Rent: $5,085.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $51,122.00
  • Assessed Improvement Percent: 64.86
  • Assessed Land Value: $27,691.00
  • Assessed Land Percent: 35.14
  • Assessed Total Value: $78,813.00

Property History for 5415 Hubbard 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 5415 Hubbard Street

Taxable ValueLand$443,700Additions$255,660Total$699,360
Tax Record2023$10,380 ($865 / month)
Home Facts
Total Finished SqFt2,570 SqFtAbove Grade Finished SqFt2,570 SqFtLot Size4,623 SqFtStyleQuadraplexYear Built1924ZoningLCR3YYCountyLOS ANGELESAPN6341-027-027

Schools near 5415 Hubbard Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Charter - 5 to 8
Public - 9 to 12
Public - 2 to 5
Rating
School
Distance
Fourth Street Primary Center
PublicK to 1

KIPP Sol Academy
Charter5 to 8

James A. Garfield Senior High School
Public9 to 12

Fourth Street Elementary School
Public2 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010

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.