5850 Ernest Avenue

Los Angeles, CA 90034

$1,134,000
Last Sold Price
5
Beds
4
Baths
1,902 Sq. Ft.
$596 / Sq. Ft.
1,902
Sq. Ft.
$596
per Sq. Ft.

Description

Amazing investment property in the heart of Culver City! Two story triplex on a large flat lot located on a quiet culdesac near the trendy arts district! Each Unit has lots of natural light and well maintained laminate wood floors. Each unit has separate gas , electric and water meters. New Roof and renovated bathrooms installed in 2019. New painted exterior and all units have been meticulously maintained. Theres a large parking area in the back largest enough for 3 cars. Washer and dryer in lower...Amazing investment property in the heart of Culver City! Two story triplex on a large flat lot located on a quiet culdesac near the trendy arts district! Each Unit has lots of natural light and well maintained laminate wood floors. Each unit has separate gas , electric and water meters. New Roof and renovated bathrooms installed in 2019. New painted exterior and all units have been meticulously maintained. Theres a large parking area in the back largest enough for 3 cars. Washer and dryer in lower only. This property is fully rented and close to great shops, bistros and schools. Submit all offers.
  1. Listed by Robert Howell • DRE #01229400 • Brokerage DRE #01425795 • Keller Williams Beverly Hills
  2. Listed by Hasitha Mahaseelarathnage • DRE #02131447 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 5850 Ernest Avenue

Zoning
LARD1.5
Parcel Number
5065019014
Total Units
3.0
Living Area
1902
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
5006

Location

Listing Courtesy of Keller Williams Beverly Hills, Robert Howell, DRE #01229400; Keller Williams Beverly Hills, Hasitha Mahaseelarathnage, DRE #02131447

Sold By Freemanfoxx Realty, Paul Munoz, DRE #01223120

Add your commute
LISTING UPDATED: 04/25/2023 12:47 PM

Property Details for 5850 Ernest Avenue

StatusSold
MLS #23-234591
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.11 AC / 5,006 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Robert Howell, DRE #01229400; Keller Williams Beverly Hills, Hasitha Mahaseelarathnage, DRE #02131447

Sold By Freemanfoxx Realty, Paul Munoz, DRE #01223120

Add your commute

Building Information for 5850 Ernest Avenue

Stories1Residences-Year Built1937Building Size-Lot Size0.11 AC / 5,006 SF

Payment Calculator

$7,109 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,189

Property Taxes

$920

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5850 Ernest Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 3
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $41,568
  • Gross Rent Multiplier: $28.80
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1149
  • Lot Size Square Feet: 5006
  • Lot Size Dimensions: 50x100
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 1
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-23-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,525.00
  • Unit Actual Rent: $2,800.00
  • Unit Projected Rent: $1,525.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,119.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $1,119.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,004.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $1,004.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $178,934.00
  • Assessed Improvement Percent: 68.53
  • Assessed Land Value: $82,174.00
  • Assessed Land Percent: 31.47
  • Assessed Total Value: $261,108.00

Property History for 5850 Ernest 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 5850 Ernest Avenue

Taxable ValueLand$530,400Additions$357,000Total$887,400
Tax Record2023$11,036 ($920 / month)
Home Facts
Total Finished SqFt1,902 SqFtAbove Grade Finished SqFt1,902 SqFtStories1Lot Size5,006 SqFtStyleTriplexYear Built1937ZoningLARD1.5CountyLOS ANGELESAPN5065-019-014

Schools near 5850 Ernest 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
Public - 6 to 12
Rating
School
Distance
Marvin Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

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, Robert Howell, DRE #01229400; Keller Williams Beverly Hills, Hasitha Mahaseelarathnage, DRE #02131447

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.