5461 2nd Ave
Los Angeles, CA 90043

Bd   Ba   1,440 Sqft   413 Days
FELL OUT OF ESCROW, BACK ON THE MARKET WITH PRICE REDUCTION!!! FELL OUT OF ESCROW, BACK ON THE MARKET WITH PRICE REDUCTION!!! AN EXCELLENT INCOME AND PERSONAL PROPERTY OPPORTUNITY in this HOT LA Market! The Duplex is Section 8 Approved and 100% Occupied with long term tenants who love living there. Property has been well maintained, and has passed all section 8 inspections, and comes with a mature avocado and lemon tree in the back yard; it also has a newer roof. The units are approx. 10 minutes from the new Ram's football stadium, close to the Metro train, Van Ness Recreation Center, and the new subway being built under Crenshaw Blvd. Units are being sold in its As Is, and Where Is condition. Great opportunity for first time or seasoned investor, and most likely won't be on the market too long. Priced to sell fast, so bring your friends and family for this great opportunity! Tenants go with property. DO NOT SHOW UP WITHOUT AN APPOINTMENT!! CALL LISTING AGENT FOR APPOINTMENT.
  • $0 HOA
  • $282/Sqft
  • MLS#CV16176484 provided by ROBERT PEREZ of FAMILY REAL ESTATE NETWORK
  • Movoto last checked CRMLS for new data 4 hours ago
  • CRMLS last updated this listing 1 week ago

Home Features for 5461 2nd Avenue, Los Angeles

Year Built: 1922
Lot Size Acres: 0.11
Lot Size Square Feet: 4921
Lot Size Units: Square Feet
Lot Size Area: 4921
Price Per Square Foot: 281.87
Tax Lot: 137
Tax Tract Number: 900
Parcel Number: 5005002021
Special Listing Conditions: Standard
Standard Status: Active
Exterior
Levels: One
Common Walls: 1 Common Wall
Building Area Units: Square Feet
Number Of Buildings: 1
Building Area Total: 1440
Number Of Units Total: 2
Property Attached Y/N: 1
Amenities / Utilities
Trash Expense: 457
Water Sewer Expense: 749
Community Features: Curbs, Sidewalks
Pool Features: None
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Compare Similar Homes for 5461 2nd Avenue, Los Angeles

Estimated market value is $871,200 which is 115% above the list price. This estimate is based on the following nearby homes which average $605/Sqft.
Movoto's Price/Sqft estimate is not a professional appraisal, it is a starting point to help you price this home. Contact a Movoto Real Estate agent today to get a comprehensive evaluation
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YOU
ARE
HERE
5461 2nd Ave
  • $405,888
  • For Sale

    413 days

  • — Bd
  • — Ba
  • 1,440 Sqft
  • $282 /Sqft
  • 4,921 Sqft Lot
  • Built 1922

Property History for 5461 2nd Avenue, Los Angeles

Status
Date
Price
Listed
Sep 11, 2017
Active
(Under Contract)
Aug 7, 2017
Price Change
Jun 9, 2017
$405,888
Listed
Apr 28, 2017
$415,888
Pending
Feb 14, 2017
Listed
Jan 30, 2017
Pending
Jan 28, 2017
Price Change
Jan 24, 2017
$388,888
Price Change
Sep 21, 2016
$404,888
Listed
Aug 4, 2016
$418,888
#CV16176484
Canceled
Aug 8, 2013
Listed
Jul 23, 2013
$255,000
#13690913

Real Estate Market Statistics for 5461 2nd Avenue, Los Angeles

YOU ARE HERE

5461 2nd Avenue

No data!
Park Mesa Heights
Los Angeles
90043
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$405K

5461 2nd Avenue

$594K

Park Mesa Heights

4% y/y

Park Mesa Heights

$599K

90043

0% y/y

90043

$969K

Los Angeles

1% y/y

Los Angeles

See all trends for Los Angeles

Public Record for 5461 2nd Avenue, Los Angeles

2 Beds
2 Baths
1,440 Sqft Building Area
Duplex (2 units, any combination)
4,921 Sqft Lot Size
1922 Year Built
$250,000 Last Sale Price
08/13/2014 Last Sale Date
As of today, , there are 43 properties listed for sale in ZIP code 90043 and 2,010 properties listed for sale in the city of Los Angeles, CA. Of those 2,010 properties, there are 1,413 single family houses and 597 condos. The current list price for 5461 2nd Ave is $405,888, which is 58% below the median price of $969,950 for Los Angeles and 32% below the median of $599,900 for 90043. 5461 2nd Ave is approximately 1,440 square feet, which is 15% below the median size in Los Angeles of 1,688 square feet and 3% below the median size in 90043 of 1,482 square feet. This property's price per square foot is $282, which is 28% below the median in 90043 of $393 and 53% below the Los Angeles median of $598.
Built in 1922, this multi family house at 5461 2nd Ave is approximately 1,440 square feet and does not come with a parking spot. It is listed on 08/04/2016 with a cost per Sqft of $282. 5461 2nd Ave is located in the Park Mesa Heights neighborhood in the Los Angeles Unified School District. The closest school is Angeles Mesa Elementary School.

5461 2nd Ave has been on the market for 413 days. The median days on the market for properties in this area is 42 with a median list price of $969,950 and median cost per square foot of $598. It's currently listed as active under the MLS #CV16176484.

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