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$1295000   Price Analysis
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5125 Oakland St
Los Angeles, CA 90032
11 bed 9 bath 4606 SqFt ($281/SqFt)
7041SqFt lot. Built 1916
Listed 2024-04-18, Taxes $9796
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

4-unit were added and completed in 1988

* Sale Pending *

Attached to the original house. Original house is a 2-bedroom 1 bath front unit, built in 1916. Located in the high demand rental area of El Sereno. Excellent unit mix with (1) 2 bedrooms, 1 bath; (3) 2 bedrooms 1.5 baths and (1) 3 bedrooms, 1.75 bath. Energy star roof with a 30-yr warranty was installed in June 2022. 4 units' water heaters were replaced within the past 4 years. Each unit has 2 parking spaces on site. Individual gas and electrical meter.

Tenant pays for all utilities including electricity, gas and trash, except water. El Sereno is an upcoming city, adjacent to Alhambra, Highland Park, S. Pasadena. 10-15 Minutes drive to Costco, Home Depot, USC and Cal State L.A. Walkable score at 95. Lots of upside rent potential for new owner. Carport area might be used to convert into dditional unit or ADU. Buyer to check and verify the possibilities, details and requirements with the City. All rents are current, no behind payment. Only approximately $303/sq.ft. We will have exterior painting or Seller to credit $10000 towards buyer's closing cost upon request.


Presented by Talia Lai at
Pinnacle Real Estate Group.


Property MLS #WS24077930 from CRMLS

Bedrooms: 11

Copper Plumbing Partial
Flooring: Carpet, Laminate, Vinyl

Kitchen, Living Room

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

Full Bathrooms: 9

Carport Spaces: 6
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 10

Lot Description: Rectangular Lot, Yard
Lot Size Acres: 0.1616391
Lot Size Dimensions: 49x143
Lot Size Source: Assessor
Lot Size Square Feet: 7041

Road Frontage Type: City Street
Road Surface Type: Paved

Association: No
Calculated Total Monthly Association Fees: 0
Gardener Expense: 720.00
Maintenance Expense: 3823.00

Number of Units: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Total Bathrooms in Unit-5: 2

Number of Units Leased: 5
Tenant Pays: ADA Upgrades, Cable TV, Electricity, Gas, Telephone, Trash Collection
Vacancy Allowance: 2861
Rent Control: Yes

Community Features: Sidewalks, Street Lights, Suburban

Source Listing Status: Pending
County: Los Angeles
Cap Rate: 4.92
Source Property Type: Residential Income
Insurance Expense: 3236.00
Area: 621 - El Sereno
Source Neighborhood: 621 - El Sereno
New Taxes Expense: 17437.00
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 5219001010
Pest Control Expense: 1200.00
Postal Code Plus 4: 2372
Zoning: LARD3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$225161 + $525378
$750539
$9796
2021$220747 + $515077
$735824
$9661
2020$218484 + $509796
$728280
$9748
2019$214200 + $499800
$714000
$9392
2018$210000 + $490000
$700000
$9242
2017$341304 + $63346
$404650
$5648
2016$334612 + $62104
$396716
$5479
2015$329586 + $61172
$390758
$5409
2014$323130 + $59974
$383104
$5457
2013$321670 + $59703
$381373
$5448
2012$315363 + $58533
$373896
$5516
2010$309180 + $57386
$366566
$5333
2009$307600 + $57094
$364694
$5151
2009$306870 + $56958
$363828
$5151
2008$301569 + $55975
$357544
$4955
2007$295656 + $54878
$350534
$4786

Price Changed 2024-07-17
$1295000
CRMLS
Listed 2024-04-18
$1395000
CRMLS
Listing removed 2024-01-04
$0
CRMLS
Price Changed 2023-11-18
$1390000
CRMLS
Price Changed 2023-10-07
$1430000
CRMLS
Listed 2023-10-04
$1390000
CRMLS
Listing removed 2022-09-14
$0
CRMLS
Listed 2022-07-13
$1350000
CRMLS
Listing removed 2022-06-06
$0
CRMLS
Listed 2022-06-05
$1350000
CRMLS
Sold 2017-11-17
$700000
Public Record

Net Operating Income: 68653.00

Total Square Feet Living: 4606
Year Built: 1916
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Drywall Walls
Direction Faces: South
Entry Level: 1
Entry Location: steps up
Property Age: 108
Property Attached: Yes
Roof: Shingle
Levels or Stories: Two
Building Total Stories: 1
Structure Type: Apartment
House Style: Custom Built
Year Built Source: Assessor

Electric Expense: 1200.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 7500.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Cesar Chavez Elementary School is a public elementary school located approximately 0.2 miles away.
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El Sereno Middle School is a public middle school located approximately 0.7 miles away.
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All Saints Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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Anahuacalmecac International University Preparatory Of North America is a public elementary, middle and high school located approximately 0.7 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.