5371 Louis Place Los Angeles, CA ^$ 2,500,000

5371 Louis Place

^$ 2,500,000

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5371 Louis Place

Los Angeles, CA, 90022

^$ 2,500,000

Bedrooms100 Baths0.10 Sq 3,360

Monthly Estimate*

^$ 16,616

Listed by EXCELLENCE RE REAL ESTATE

5371 Louis Place, Los Angeles, CA 90022 - Image 1

5371 Louis Place, Los Angeles, CA 90022 - Image 2

5371 Louis Place, Los Angeles, CA 90022 - Image 3

5371 Louis Place, Los Angeles, CA 90022 - Image 4

5371 Louis Place, Los Angeles, CA 90022 - Image 5

5371 Louis Place, Los Angeles, CA 90022 - Image 6

5371 Louis Place, Los Angeles, CA 90022 - Image 7

5371 Louis Place, Los Angeles, CA 90022 - Image 8

5371 Louis Place, Los Angeles, CA 90022 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $2,500,000 with 100 bedrooms and 10 half baths. This 3,360 square foot home was built in 1928 on a lot size of 0.1132.

Opportunity Awaits those looking for a great investment! This is a Diamond in the Rough apartment complex with 10 units with 4-1 car enclosed garages in the rear and 1-2 car with alley access located in prime location of ELA which borders Montebello. There are 9 studio units, one being double studio and the tenth unit is a one bedroom that the seller occupies. All excellent paying tenants on month to month basis. Complex is gated for added security, with a laundry room shared by all tenants. Located blocks and walking distance to DMV, major shopping centers, gas stations, bus transportation, restaurants, so much more.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

100

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1132

Year Built

1928

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV24095792

Days on Market

Features

General

Interior Features AllBedroomsUp AllBedroomsDown

Sewer PublicSewer

Heating WallFurnace

Cooling None

HOA 0.0

Garage Spaces 5.0

Pool Features None

Year Built 1928

Tenant Pays AllUtilities

Stories 2

Levels Two

Property SubType Apartment

Gross Income 120000.0

Community Features Curbs

County Los Angeles

Net Operating Income 8000.0

Operating Expense 7000.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions off Whittier Blvd & Atlantic Blvd

City Los Angeles

Entry Location ft Steps

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 10

MLS Area C16 - Mid Los Angeles

Lot Size Units SquareFeet

Lot Size Square Feet 4930.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Listing Terms Cash Conventional Item1031Exchange Submit

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 22

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 135

Property Sub Type Additional Apartment

Interior

Flooring Carpet Tile

Fireplace Features None

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Exterior

Lot Features Item610UnitsAcre

Water Source Public

Total Parking 5.0

Lot Size Area 4930.0

Number of Buildings 1

Spa N

Building Area Total 3360.0

Lot Size Acres 0.1132

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5371

* Excluded Features

List By

Excellence Re Real Estate

Broker

(562) 948-4553

Phone

Affordability Calculator

$16,616

Per Month

Monthly Principal & Interest: $16,616
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,995,126

Percent of Sale Price 20%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2024	$2,500,000		Listed Price

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5371 Louis Place, Los Angeles, CA, 90022 is a Multi-Family Home for sale at $2,500,000 with 3,360 sqft and a lot size of 0.1132. 5371 Louis Place has 100 bedrooms, 0.10 baths, and was built in 1928. The property's zip code is 90022 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/24/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5371 Louis Place

Multi-Family Home for sale in Los Angeles, CA

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