5116 Towne Avenue Los Angeles, CA ^$ 650,000

5116 Towne Avenue

^$ 650,000

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Adult Community

5116 Towne Avenue

Los Angeles, CA, 90011

^$ 650,000

Bedrooms4 Baths1.0 Sq 1,680

Monthly Estimate*

^$ 4,540

Listed by Better Homes and Gardens Real Estate

5116 Towne Avenue, Los Angeles, CA 90011 - Image 1

5116 Towne Avenue, Los Angeles, CA 90011 - Image 2

5116 Towne Avenue, Los Angeles, CA 90011 - Image 3

5116 Towne Avenue, Los Angeles, CA 90011 - Image 4

5116 Towne Avenue, Los Angeles, CA 90011 - Image 5

5116 Towne Avenue, Los Angeles, CA 90011 - Image 6

5116 Towne Avenue, Los Angeles, CA 90011 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $650,000 with 4 bedrooms and 1 full bath. This 1,680 square foot home was built in 1929 on a lot size of 0.1023.

Great investment opportunity! 2 houses on a lot. Both are 2 bed/1 bath. Private backyard and parking area. Separate meters. Back unit has more yard space. Only a couple blocks from South Park and Dr Maya Angelou High School.

Multi-Family Active

Price

^$ 650,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1023

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24034381

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Zoning LARD1.5

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1929

Tenant Pays Electricity Gas

Stories 1

Levels One

Property SubType Duplex

Gross Income 33000.0

Community Features Suburban

County Los Angeles

Net Operating Income 25500.0

Operating Expense 7500.0

Insurance Expense 2500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Left on Avalon left on Towne

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N Y

Total Units 2

MLS Area C36 - Metropolitan Southwest

Lot Size Square Feet 4457.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 1

Street Name Towne

Listing Terms Cash CashtoNewLoan Item1031Exchange OwnerMayCarry Submit

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 2500.0

Water Sewer Expense 2500.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 1

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 15

Total Actual Rent 2750.0

Property Sub Type Additional Duplex

Expected Active Date 2024-03-01

Exterior

Parking Features Driveway

Lot Features Item01UnitAcre CornerLot

Water Source Public

Total Parking 0.0

Lot Size Area 4457.0

Number of Buildings 2

Spa N

Building Area Total 1680.0

Lot Size Acres 0.1023

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features Kitchen LivingRoom

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N Y

Street Suffix Avenue

Laundry Features ElectricDryerHookup GasDryerHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5116

* Excluded Features

List By

Better Homes And Gardens Real Estate

Broker

(562) 544-0793

Phone

Affordability Calculator

$4,540

Per Month

Monthly Principal & Interest: $4,540
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$2,000,821

Percent of Sale Price 208%

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
3/1/2024	$650,000		Listed Price

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5116 Towne Avenue, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $650,000 with 1,680 sqft and a lot size of 0.1023. 5116 Towne Avenue has 4 bedrooms, 1.0 baths, and was built in 1929. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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 4/27/2024. 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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5116 Towne Avenue

Multi-Family Home for sale in Los Angeles, CA

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