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$1800000   Price Analysis
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5506 Valley Blvd
Los Angeles, CA 90032
7 bed 7 bath 4687 SqFt ($384/SqFt)
0.23 acre lot. Built 1952
Listed 2024-05-07, Taxes $11627		Ⓧ USDA Ineligible
due to price & location
near Aurant

7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades wth a ne w roof and completed Los Angeles soft-story seismic retrofit in 2021 ~ The mix of unit sizes

With six 1-bedroom, 1-bath units on the first floor and a large 3-bedroom, 1.5-bath unit on the second floor ~ Assigned parking with six garages and one additional space ~ Located in a quiet, safe neighborhood ~ Easy access to the 710 freeway and multiple alternative routes to reach downtown Los Angeles.

7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades wth a ne w roof and completed Los Angeles soft-story seismic retrofit in 2021 ~ The mix of unit sizes, with six 1-bedroom, 1-bath units on the first floor and a large 3-bedroom, 1.5-bath unit on the second floor ~ Assigned parking with six garages and one additional space ~ Located in a quiet, safe neighborhood ~ Easy access to the 710 freeway and multiple alternative routes to reach downtown Los Angeles.


Presented by Michael Shang at
Pros Group Inc.


Property MLS #WS24090466 from CRMLS

Bedrooms: 7

Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 7

Lot Description: Level with Street, Lot 10000-19999 Sqft
Lot Size Acres: 0.2297
Lot Size Source: Assessor
Lot Size Square Feet: 10006

Garage Spaces: 6
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 7

Number of Units: 7
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-6 Garage Spaces: 1
Unit-7 Garage Spaces: 1

Maintenance Expense: 1250.00

Number of Units Leased: 7
Tenant Pays: Electricity, Gas
Rent Control: Yes

Community Features: Sidewalks, Street Lights

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.13
Source Property Type: Residential Income
Insurance Expense: 2594.00
Area: 621 - El Sereno
Source Neighborhood: 621 - El Sereno
New Taxes Expense: 23400.00
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 1
Parcel Number: 5221012018
Postal Code Plus 4: 3521
Zoning: LAC2
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$411939 + $464159
$876098		$11627
2021$403862 + $455058
$858920		$11475
2020$399721 + $450392
$850113		$11577
2019$391884 + $441561
$833445		$11162
2018$384200 + $432903
$817103		$10938
2017$376667 + $424415
$801082		$10673
2016$369282 + $416094
$785376		$10406
2015$363736 + $409844
$773580		$10267
2014$356611 + $401816
$758427		$10342
2013$187214 + $173484
$360698		$4990
2012$183544 + $170083
$353627		$5571
2010$179946 + $166749
$346695		$5394
2009$179027 + $165897
$344924		$5220
2009$178602 + $165503
$344105		$5220
2008$175517 + $162645
$338162		$5035
2007$172076 + $159456
$331532		$4872

Listed 2024-05-07
$1800000
CRMLS
Listing removed 2020-11-24
$1420
CRMLS
Listing removed 2019-12-11
$777000
PasadenaPFAR
Listing removed 2013-06-27
$777000
PasadenaPFAR
Listing removed 2013-05-29
$777000
ITECH
Relisted 2013-03-12
$777000
ITECH
Sold 2013-02-14
$755000
Public Record
Listing removed 2013-02-11
$777000
ITECH
Relisted 2013-02-04
$777000
ITECH
Listing removed 2013-01-18
$777000
ITECH
Listed 2012-12-23
$777000
PasadenaPFAR
Listed 2012-12-23
$777000
ITECH
Listing removed 2000-08-17
$299999
ITECH
Sold 2000-06-06
$289000
Public Record
Listed 1999-08-16
$299999
ITECH
Sold 1975-06-25
$85000
Public Record

Net Operating Income: 74484.00

Total Square Feet Living: 4687
Year Built: 1952
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: street
Property Age: 72
Property Attached: Yes
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 4748.00
Water Source: Public

El Sereno Middle School is a public middle school located approximately 1 miles away.
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Multnomah Street Elementary School is a public elementary school located approximately 1.8 miles away.
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L.A. County High School For The Arts is a public high school located approximately 0.4 miles away.
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Grace Baptist Academy is a private elementary, middle and high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.