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$1,800,000   Price Analysis
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5506 Valley Blvd
Los Angeles, CA 90032
9 bed 8 bath 4,687 SqFt ($384/SqFt)
0.23 acre lot. Built 1952
Listed 2024-05-07, Taxes $11,627		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades with a new roof and comple ted 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 larg 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 with a new roof and comple ted 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 larg 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: 9

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

Full Bathrooms: 8

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: 3
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: 2
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$411,939 + $464,159
$876,098		$11,627
2021$403,862 + $455,058
$858,920		$11,475
2020$399,721 + $450,392
$850,113		$11,577
2019$391,884 + $441,561
$833,445		$11,162
2018$384,200 + $432,903
$817,103		$10,938
2017$376,667 + $424,415
$801,082		$10,673
2016$369,282 + $416,094
$785,376		$10,406
2015$363,736 + $409,844
$773,580		$10,267
2014$356,611 + $401,816
$758,427		$10,342
2013$187,214 + $173,484
$360,698		$4,990
2012$183,544 + $170,083
$353,627		$5,571
2010$179,946 + $166,749
$346,695		$5,394
2009$179,027 + $165,897
$344,924		$5,220
2009$178,602 + $165,503
$344,105		$5,220
2008$175,517 + $162,645
$338,162		$5,035
2007$172,076 + $159,456
$331,532		$4,872

Listed 2024-05-07
$1,800,000
CRMLS
Listing removed 2020-11-24
$1,420
CRMLS
Listing removed 2019-12-11
$777,000
PasadenaPFAR
Listing removed 2013-06-27
$777,000
PasadenaPFAR
Listing removed 2013-05-29
$777,000
ITECH
Relisted 2013-03-12
$777,000
ITECH
Sold 2013-02-14
$755,000
Public Record
Listing removed 2013-02-11
$777,000
ITECH
Relisted 2013-02-04
$777,000
ITECH
Listing removed 2013-01-18
$777,000
ITECH
Listed 2012-12-23
$777,000
PasadenaPFAR
Listed 2012-12-23
$777,000
ITECH
Listing removed 2000-08-17
$299,999
ITECH
Sold 2000-06-06
$289,000
Public Record
Listed 1999-08-16
$299,999
ITECH
Sold 1975-06-25
$85,000
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.