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$990,000   Price Analysis
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5065 Bangor St
Los Angeles, CA 90016
8 bed 6 bath 3,276 SqFt ($302/SqFt)
5,999SqFt lot. Built 1923
Listed 2024-05-28, Taxes $5,513
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Exciting Investment Opportunity with a substantial $310

000 price reduction from the original list price. This property, comprising two duplexes on the same lot, offers four unitseach with two bedrooms and one bathroom, providing ample living space for tenants. Conveniently located near a new freeway and public transportation hubs, this property boasts excellent accessibility, making it highly appealing to both tenants and investors. All units are currently occupied by tenants benefiting from Section 8 housing assistance, ensuring a consistent rental income stream.

The property is being sold in its present condition, As-Is. Prospective buyers are encouraged to review termite and roof inspections, available through disclosures.io. To respect tenant privacy, please do not disturb the occupants. Offers should be made subject to thorough inspections. This quadruplex offers a compel ling investment opportunity in a prime Los Angeles location, wth potential for stable returns and long-term growth in the vibrant real estate market.


Presented by Kennard McLeod at
Metrocity Realty.


Property MLS #41061136 from BayEast

Bedrooms: 8

Cooling Features: No Air Conditioning
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 6

Flooring: Hardwood, Laminate, Linoleum, Partial Carpeting

Front Yard

Lot Description: Corner Lot
Lot Size Acres: 0.1377181
Lot Size Square Feet: 5999

Parking Features: No Garage, On Street, Uncovered Park Spaces 2+, Street Parking

Calculated Total Monthly Association Fees: 0

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2

Source Listing Status: Active
County: Los Angeles
Cross Street: W. 23rd St
Directions: La Brea Ave to W. 23rd St to Mansfield Ave
Source Property Type: Residential Income
Parcel Number: 5062014014
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$147,017 + $277,715
$424,732
$5,513
2021$144,135 + $272,270
$416,405
$5,428
2020$142,658 + $269,479
$412,137
$5,477
2019$139,861 + $264,196
$404,057
$5,276
2018$137,119 + $259,016
$396,135
$5,158
2017$134,431 + $253,938
$388,369
$5,054
2016$131,796 + $248,959
$380,755
$4,910
2015$129,817 + $245,220
$375,037
$4,842
2014$127,275 + $240,417
$367,692
$4,885
2013$126,700 + $239,331
$366,031
$4,879
2012$124,216 + $234,639
$358,855
$4,944
2010$121,781 + $230,039
$351,820
$4,773
2009$121,159 + $228,863
$350,022
$4,598
2009$120,871 + $228,320
$349,191
$4,598
2008$118,784 + $224,376
$343,160
$4,412
2007$116,455 + $219,977
$336,432
$4,260

Price Changed 2024-07-28
$990,000
BayEast
Listed 2024-05-28
$1,299,999
BayEast

Total Square Feet Living: 3276
Year Built: 1923
Construction Materials: Stucco
Property Age: 101
Roof: Composition Shingles, Tar/Gravel

Electric: No Solar

Cienega Elementary School is a public elementary school located approximately 0.3 miles away.
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Susan Miller Dorsey Senior High School is a public high school located approximately 0.9 miles away.
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Johnnie Cochran, Jr., Middle School is a public middle school located approximately 1.5 miles away.
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Donna Ro School is a private elementary school located approximately 0.3 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.