5628 York Boulevard

Los Angeles, CA 90042

$1,788,500
Price
—
Beds
2,655 Sq. Ft.
$674 / Sq. Ft.
2,655
Sq. Ft.
$674
per Sq. Ft.

Description

The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This property
showcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two
1,000-square-foot commercial shops and a 1-bedroom house. Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, a
vacant shop open for
...The Mangassarian Team is excited to present an unparalleled investment opportunity at 5628 York Blvd, Los Angeles, CA 90042. This property
showcases a 2,655-square-foot building and a generous 5,595-square-foot land area, complete with an alley. Its diverse layout features two
1,000-square-foot commercial shops and a 1-bedroom house. Nestled in the prime location of York Blvd in Eagle Rock, this property offers distinctive features, including a currently rented shop at $4,700, a
vacant shop open for customization, and an available house for rent at $2,500. Priced attractively at $1,788,500, the property comes with special
financing options, including owner carry with a 30% for 5 years at 5.5% interest only. Highlighting its investment appeal, the property boasts a vibrant location on York Blvd, renowned for trendy establishments. Its advantageous
proximity to a large grocery store ensures significant foot traffic, enhancing its visibility. The property's versatility is evident, catering to both retail
and 1BR residential purposes. Diving into the detailed aspects, the property can be categorized as a Class C retail storefront with integrated residential components. Originally
constructed in 1947 and subject to a meticulous renovation in 2023, the structure epitomizes a single-tenanted, 1-story configuration. Its Floor
Area Ratio (FAR) stands at 0.47, indicating a balanced relationship between the building size and the land area. Strategically positioned within a C2 State Enterprise Zone, the property occupies 0.13 acres, providing a notable foundation for potential growth
and development. Noteworthy features include ample on-site parking, comprising 6 spaces, translating to a favorable ratio of 2.26 spaces per
1,000 square feet leased. Additionally, the property boasts a substantial 40 feet of frontage on the bustling York Blvd. This investment opportunity is intricately crafted, combining a strategic location with a diverse layout, setting the stage for multifaceted utility
  1. Listed by Arthur Mangassarian • DRE #00751703 • Brokerage DRE #01038441 • Re/Max Tri-City Realty • 818-636-8899
  2. Listed by Tom Kwak • DRE #01084158 • Brokerage DRE #01151891 • Ramsey Shilling Associates

Property Details for 5628 York Boulevard

Total Units
3.0
Lot Size Source
Assessor
Building Area Total
2655
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
5478027003
Area
Highland Park (632)

Location

Listing Courtesy of Re/Max Tri-City Realty, Arthur Mangassarian, DRE #00751703; Ramsey Shilling Associates, Tom Kwak, DRE #01084158
Add your commute
LISTING UPDATED: 04/09/2024 06:11 AM

Property Details for 5628 York Boulevard

StatusActive
MLS #GD24067109
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1947
Lot Size0.13 AC / 5,597 SF
CountyLos Angeles County

Location

Listing Courtesy of Re/Max Tri-City Realty, Arthur Mangassarian, DRE #00751703; Ramsey Shilling Associates, Tom Kwak, DRE #01084158
Add your commute

Building Information for 5628 York Boulevard

Stories1Residences-Year Built1947Building Size-Lot Size0.13 AC / 5,597 SF

Payment Calculator

$10,749 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,761

Property Taxes

$988

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5628 York Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $141,000
Expense Details
  • Operating Expense: $28,000
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Kitchen
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $4,450
  • Unit Type Area: 1000
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Actual Rent: $4,800
  • Unit Type Area: 1150
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,500
  • Unit Type Area: 700
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3

Property History for 5628 York Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5628 York Boulevard

Taxable ValueLand$588,659Additions$357,399Total$946,058
Tax Record2023$11,856 ($988 / month)
Home Facts
Total Finished SqFt2,655 SqFtAbove Grade Finished SqFt2,655 SqFtStories1Lot Size5,595 SqFtStyleOffice BuildingYear Built1947ZoningLAC2CountyLOS ANGELESAPN5478-027-003

Schools near 5628 York Boulevard

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

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5628 York Boulevard is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on April 4, 2024 by Re/Max Tri-City Realty, it's currently listed at $1,788,500. It has been on the market for a total of 25 days and was last sold on July 3, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Yorkdale Elementary School, Benjamin Franklin Senior High School and Highland Park Continuation School. 5628 York Boulevard is a 0-bed, 0-bath, 2,655 sqft multi-family home built in 1947.

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 Re/Max Tri-City Realty, Arthur Mangassarian, DRE #00751703; Ramsey Shilling Associates, Tom Kwak, DRE #01084158

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.