5506 Valley Boulevard Los Angeles, CA ^$ 1,800,000

5506 Valley Boulevard

^$ 1,800,000

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Recently Listed

5506 Valley Boulevard

Los Angeles, CA, 90032

^$ 1,800,000

Bedrooms7 Baths7.0 Sq 4,687

Monthly Estimate*

^$ 12,574

Listed by Pros Group Inc

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 1

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5506 Valley Boulevard, Los Angeles, CA 90032 - Image 3

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 4

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 5

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 6

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 7

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 8

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 9

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 10

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 11

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 12

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 13

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 14

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 15

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 16

5506 Valley Boulevard, Los Angeles, CA 90032 - Image 17

Multi-Family Home for sale in Los Angeles, CA

for $1,800,000 with 7 bedrooms and 7 full baths. This 4,687 square foot home was built in 1952 on a lot size of 0.2297.

7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades with a new roof and completed Los Angeles soft-story seismic retrofit in 2021 ~ The mix of unit sizes, with six 1-bedroom, 1-bath units on the first floor and a large 3-bedroom, 1.5-bath unit on the second floor ~ Assigned parking with six garages and one additional space ~ Located in a quiet, safe neighborhood ~ Easy access to the 710 freeway and multiple alternative routes to reach downtown Los Angeles.

Multi-Family Active

Price

^$ 1,800,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.2297

Year Built

1952

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

WS24090466

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Roof Shingle

Zoning LAC2

Garage Spaces 6.0

Pool Features None

Year Built 1952

Tenant Pays Electricity Gas

Stories 2

Levels Two

Property SubType Apartment

Gross Income 0.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 74484.0

Operating Expense 31992.0

Insurance Expense 2594.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions West of 710 Freeway

City Los Angeles

Entry Location street

View Y/N N

Senior Community Y/N N

Open Parking Spaces 1.0

Total Units 7

MLS Area 621 - El Sereno

Lot Size Square Feet 10006.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 7

Street Name Valley

Listing Terms CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 4748.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 2

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 514

Total Actual Rent 106476.0

Property Sub Type Additional Apartment

Taxes 23400.0

Cap Rate 4.13

Exterior

Parking Features Assigned

Lot Features StreetLevel

Water Source Public

Total Parking 7.0

Lot Size Area 10006.0

Number of Buildings 1

Spa N

Building Area Total 4687.0

Lot Size Acres 0.2297

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Boulevard

Laundry Features SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 5506

* Excluded Features

List By

Pros Group Inc

Broker

(626) 709-6388

Phone

Affordability Calculator

$12,574

Per Month

Monthly Principal & Interest: $12,574
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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 ^$1,979,653

Percent of Sale Price 10%

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
5/7/2024	$1,800,000		Listed Price

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5506 Valley Boulevard, Los Angeles, CA, 90032 is a Multi-Family Home for sale at $1,800,000 with 4,687 sqft and a lot size of 0.2297. 5506 Valley Boulevard has 7 bedrooms, 7.0 baths, and was built in 1952. The property's zip code is 90032 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 5/19/2024. 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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5506 Valley Boulevard

Multi-Family Home for sale in Los Angeles, CA

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