5428 Meridian Street

Los Angeles, CA 90042

$760,000
Last Sold Price
2
Beds
2
Baths
1,198 Sq. Ft.
$634 / Sq. Ft.
1,198
Sq. Ft.
$634
per Sq. Ft.

Description

Get into one of LA's trendiest neighborhoods at a great price with this Cal Bungalow duplex in happening Highland Park. Situated on a large corner lot, the property presents a wonderful opportunity for an owner-user with one unit delivered vacant; the second unit is already leased and generating income. Each one-bedroom, one-bath apartment features hard surface flooring and good natural light. The yard is landscaped with drought-tolerant plantings, and theres a detached garage and long driveway for...Get into one of LA's trendiest neighborhoods at a great price with this Cal Bungalow duplex in happening Highland Park. Situated on a large corner lot, the property presents a wonderful opportunity for an owner-user with one unit delivered vacant; the second unit is already leased and generating income. Each one-bedroom, one-bath apartment features hard surface flooring and good natural light. The yard is landscaped with drought-tolerant plantings, and theres a detached garage and long driveway for off-street parking. This desirable location offers quick access to every amenity you could ever want or need; York Boulevard is nearby with coffee, dining and groceries at Collage Coffee, Donut Friend, Goldburger, Holcomb, Town Pizza, Galco's Old World Market and so much more.
  1. Listed by Tracy B Do • DRE #01350025 • Brokerage DRE #00625769 • Compass
  2. Listed by Richard Michalowski • DRE #01935805 • Brokerage DRE #00625769 • Compass

Property Details for 5428 Meridian Street

Zoning
LARD2
Parcel Number
5478024003
Total Units
2.0
Living Area
1198
Source Living Area
Assessor
Area
Highland Park (632)
Vacancy Rate
50%
Lot Size Area
3272

Location

Listing Courtesy of Compass, Tracy B Do, DRE #01350025; Compass, Richard Michalowski, DRE #01935805

Sold By Compass, Tracy B Do, DRE #01350025; Compass, Taylor Morphy, DRE #01960365

Add your commute
LISTING UPDATED: 06/18/2021 06:23 PM

Property Details for 5428 Meridian Street

StatusSold
MLS #21-723224
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.08 AC / 3,272 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Tracy B Do, DRE #01350025; Compass, Richard Michalowski, DRE #01935805

Sold By Compass, Tracy B Do, DRE #01350025; Compass, Taylor Morphy, DRE #01960365

Add your commute

Virtual Tour

Building Information for 5428 Meridian Street

Stories1Residences-Year Built1924Building Size-Lot Size0.08 AC / 3,272 SF

Payment Calculator

$4,957 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,148

Property Taxes

$809

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5428 Meridian Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Duplex
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: $44,232
  • Net Operating Income: $35,016.00
  • Gross Income: $45,600
  • Gross Rent Multiplier: $15.33
  • Total Annual Expense: 9216
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0751
  • Lot Size Square Feet: 3272
Parking Details
Parking Details
  • Parking Garage: Garage, Garage Is Detached
  • Total Parking: 2
  • Parking Features: Garage
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-30-2021
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,476.00
  • Unit Actual Rent: $1,476.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $191,017.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $445,707.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $636,724.00

Property History for 5428 Meridian 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 5428 Meridian Street

Taxable ValueLand$551,412Additions$239,292Total$790,704
Tax Record2023$9,702 ($809 / month)
Home Facts
Total Finished SqFt1,198 SqFtAbove Grade Finished SqFt1,198 SqFtLot Size3,272 SqFtStyleDuplexYear Built1924ZoningLARD2CountyLOS ANGELESAPN5478-024-003

Schools near 5428 Meridian Street

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

Benjamin Franklin Senior High School
Public6 to 12

Highland Park Continuation School
Public9 to 12

Luther Burbank Middle School
Public6 to 8

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 Compass, Tracy B Do, DRE #01350025; Compass, Richard Michalowski, DRE #01935805

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.