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$939,000   Price Analysis
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5162 Ruthelen St
Los Angeles, CA 90062
4 bed 3 bath 2,428 SqFt ($386/SqFt)
6,030SqFt lot. Built 1924
Listed 2024-01-17, Taxes $7,235
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

INCREDIBLE INVESTMENT OPPORTUNITY Investors + Owner occupants

This is the one you've been waiting for! Stunning Spanish side-by-side duplex offers easy access to DTLA, USC and LAX plus proximi ty to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. This duplex is renovated and fully occupied with potential for one unit to be delivered vacant. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a remodeled kitchen + baths with composite hardwood and character tile throughout.

Private backyards lead to separate 1-car garages for each unit with convenient alley access. Close proximity to shopping and dining at USC Village. Museums, concerts and matches at BMO Stadium are a breeze with connections to the Metro Line for quick and easy transportation. Don't miss this. NOTE: If you are interested in additional properties, this is one of five multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5419 S St Andrews Pl, 5166 S Mnhattan Pl, 5715 S Manhattan Pl and 5722 S Manhattan Pl. If you are interested in the portfolio, please reach out.


Presented by Karlyn Nelson at
COMPASS.


Property MLS #24-347893 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 3
Full Bathrooms: 3

Range
Oven
Microwave
Laundry Facilities: In Unit
Laundry Features: In Unit

Cooling Features: Wall/Window, Air Conditioning
Heating Features: Wall, Combination

Water Features: Public

Lot Size Acres: 0.1384298
Lot Size Source: Assessor
Lot Size Square Feet: 6030

Garage Spaces: 2
Garage Description: Uncovered, Garage
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 2500, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 2500

Tenant Pays: Gas, Electric

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.8
Directions: North of Slauson, South of Vernon, East of Arlington, West of Western
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Owner Pays: Gardener, Water
Parcel Number: 5015-009-015
Postal Code Plus 4: 2233
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$273,305 + $315,353
$588,658
$7,235
2021$267,947 + $309,170
$577,117
$7,135
2020$265,200 + $306,000
$571,200
$7,204
2019$167,792 + $250,584
$418,376
$1,693
2018$164,502 + $245,671
$410,173
$8,571
2017$161,277 + $240,854
$402,131
$4,987
2016$158,115 + $236,132
$394,247
$4,852
2015$155,740 + $232,586
$388,326
$4,782
2014$152,690 + $228,030
$380,720
$4,809
2013$88,000 + $150,000
$238,000
$3,163
2012$83,972 + $191,942
$275,914
$3,744
2010$82,326 + $188,179
$270,505
$3,680
2009$81,906 + $187,217
$269,123
$3,543
2009$81,711 + $186,773
$268,484
$3,543
2008$80,300 + $183,547
$263,847
$3,398
2007$78,726 + $179,949
$258,675
$3,281

Listed 2024-01-17
$939,000
TheMLSCLAW
Listing removed 2024-01-16
$0
TheMLSCLAW
Price Changed 2023-12-06
$939,000
TheMLSCLAW
Listed 2023-08-17
$949,000
TheMLSCLAW
Listing removed 2022-11-25
$949,000
CRISNET
Listing removed 2022-11-24
$965,000
CRISNET
Listing removed 2022-11-24
$965,000
CRISNET
Listed 2022-09-14
$965,000
CRISNET
Listed 2022-09-12
$965,000
CRISNET
Listing removed 2019-09-08
$0
CRMLS
Listed 2019-08-02
$770,000
CRMLS
Listing removed 2019-01-21
$0
TheMLSCLAW
Relisted 2019-01-15
$600,000
TheMLSCLAW
Listing removed 2019-01-14
$600,000
TheMLSCLAW
Sold 2019-01-09
$560,000
TheMLSCLAW
Listed 2018-10-01
$600,000
TheMLSCLAW
Listing removed 2014-04-22
$1,400
WestsideRentals
Price Changed for rent 2014-04-02
$1,400
WestsideRentals
Listed for rent 2014-03-25
$1,500
WestsideRentals
Sold 2013-05-13
$380,000
ITECH
Listing removed 2013-04-05
$379,900
CRMLS
Listed 2013-03-19
$379,900
CRMLS
Listed 2013-03-19
$379,900
ITECH
Listing removed 2012-12-16
$389,000
ITECH
Listing removed 2012-09-07
$389,000
TheMLSCLAW
Listed 2012-06-16
$389,000
ITECH
Listed 2012-06-16
$389,000
TheMLSCLAW
Sold 2000-10-20
$130,000
Public Record
Listing removed 2000-03-29
$129,000
ITECH
Listed 1999-11-29
$129,000
ITECH

Net Operating Income: 36196

Total Square Feet Living: 2428
Year Built: 1924
Common Walls: Attached
Direction Faces: West
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 100
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish

Other Equipment: Range/Oven, Dishwasher, Stackable W/D Hookup, Microwave

Western Avenue Technology Magnet is a public elementary and middle school located approximately 0.3 miles away.
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Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 0.9 miles away.
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Leon Garr Learning Institute is a private elementary school located approximately 0.2 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.