5564 Homeside Avenue

Los Angeles, CA 90016

$1,141,800
Last Sold Price
10
Beds
8
Baths
4,428 Sq. Ft.
$258 / Sq. Ft.
4,428
Sq. Ft.
$258
per Sq. Ft.

Description

Excellent investment opportunity to own a large fourplex in West Adams/Mid Los Angeles area adjacent to trendy Culver City. It's located within walking to new Metro Station on Jefferson Blvd connecting you to Downtown Los Angeles and Downtown Santa Monica. All units are currently occupied on month to month leases but 3 of them can be delivered vacant in order to produce more cash flow or owner occupy unit(s). Well kept property with some updating throughout some of the units. There are 2 large 3...Excellent investment opportunity to own a large fourplex in West Adams/Mid Los Angeles area adjacent to trendy Culver City. It's located within walking to new Metro Station on Jefferson Blvd connecting you to Downtown Los Angeles and Downtown Santa Monica. All units are currently occupied on month to month leases but 3 of them can be delivered vacant in order to produce more cash flow or owner occupy unit(s). Well kept property with some updating throughout some of the units. There are 2 large 3 bedroom/1.5 bath units and 2 good sized 2 bedroom/1.5 bath units each with one covered parking space and 1 uncovered tandem parking spot for each unit. There is some storage above covered parking area, rear storage shed and common laundry room. Close proximity to recreation such as Kenneth Hahn Park and Culver City Stairs, museums in the Miracle Mile area just north on Fairfax Ave, nearby restaurants, shopping, entertainment, schools, colleges, and 10 freeway. Do not disturb occupants
  1. Listed by Johan Cisneros • DRE #01309940 • Brokerage DRE #01309940 • Pacific Properties Realty Group
  2. Listed by Oralia Gutierrez • DRE #01729185 • Pacific Properties Realty Group

Property Details for 5564 Homeside Avenue

Zoning
LARD1.5
Parcel Number
5048019021
Total Units
4.0
Living Area
4428
Source Living Area
Assessor
Area
Mid Los Angeles (C16)
Vacancy Rate
0%
Lot Size Area
4795

Location

Listing Courtesy of Pacific Properties Realty Group, Johan Cisneros, DRE #01309940; Pacific Properties Realty Group, Oralia Gutierrez, DRE #01729185

Sold By Barnes International Realty, Nasrin Esfahani, DRE #01347349

Add your commute
LISTING UPDATED: 12/09/2017 02:09 PM

Property Details for 5564 Homeside Avenue

StatusSold
MLS #17-250202
Days on Market108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.11 AC / 4,795 SF
CountyLos Angeles County

Location

Listing Courtesy of Pacific Properties Realty Group, Johan Cisneros, DRE #01309940; Pacific Properties Realty Group, Oralia Gutierrez, DRE #01729185

Sold By Barnes International Realty, Nasrin Esfahani, DRE #01347349

Add your commute

Building Information for 5564 Homeside Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.11 AC / 4,795 SF

Payment Calculator

$7,519 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,231

Property Taxes

$1,288

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5564 Homeside Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Association Amenities: Other
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Fourplex
  • Direction Faces: North
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $80,400
  • Net Operating Income: $66,750.00
  • Gross Income: $80,400
  • Gross Rent Multiplier: $14.86
  • Lease Per Month Year: Month
  • Owner Pays: Gas, Water
  • Total Annual Expense: 13250
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Additional Parcel Number: No
  • Lot Size Square Feet: 4795
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Assigned, Carport, Driveway - Concrete
  • Total Parking: 8
  • Parking Features: Assigned, Carport, Concrete
Interior Features
Interior Features
  • Den: No
  • Family Room: 0
Exterior Features
Exterior Features
  • Pool: No
  • Tennis: No
  • Roof: Flat
Lease Terms
Lease Terms
  • Entry Date: 07-13-2017
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $294,369.00
  • Assessed Land Value: $470,994.00

Property History for 5564 Homeside 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 5564 Homeside Avenue

Taxable ValueLand$749,147Additions$499,575Total$1,248,722
Tax Record2023$15,461 ($1,288 / month)
Home Facts
Total Finished SqFt4,428 SqFtAbove Grade Finished SqFt4,428 SqFtLot Size4,795 SqFtStyleQuadraplexZoningLARD1.5CountyLOS ANGELESAPN5048-019-021

Schools near 5564 Homeside Avenue

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

Alexander Hamilton 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 Pacific Properties Realty Group, Johan Cisneros, DRE #01309940; Pacific Properties Realty Group, Oralia Gutierrez, DRE #01729185

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.