5004 3rd Avenue

Active

5004 3rd Avenue, Los Angeles, CA 90043

$1,024,000
$25K (2.4%)
 for Sale at 5004 3rd Avenue, Los Angeles, CA 90043

58

 for Sale at 5004 3rd Avenue, Los Angeles, CA 90043
 for Sale at 5004 3rd Avenue, Los Angeles, CA 90043
 for Sale at 5004 3rd Avenue, Los Angeles, CA 90043
$1,024,000
$25K (2.4%)
3
Beds
2
Baths
Half Bath
1,338
Ft²
$765
$/ft²
0.13
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$5,028
Come Check This Out! What a great opportunity to own a One of a Kind Home in Los Angeles's desirable area of Park Mesa Heights. Completely Remodeled 3 Bedroom 2 Bath with Custom Design & Floor Plan. Greeted with a Contemporary Flair & an Open Layout. This Home Includes: Spacious Living Room with Cozy Electric Fireplace, Large Dining & Kitchen Areas with State of the Art Appliances, Marble Countertops, and Tailor-Made Cabinetry. Amenities Include: New Roof, Dual Pane Windows, Luxury Vinyl Flooring, Recessed Lighting, Central AC & Heat, & Inside Laundry. Detailed Bathrooms with Porcelain & Quartz Tilework & Countertops, LED Illuminated Vanity Mirrors, with Glass Steam Shower Stalls. Ample sized Bedrooms with Hall Bathroom as well as a Primary with...

LISTING AGENT

Kate KostapapasHome Smart Realty Group[email protected]

Building Info

Overview

This property was built in 1920.

General

  • Year Built

    1920
  • Actual Year Built

    1920
  • Total Rooms

    0.00
  • Bedroom Count

    2
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    0
  • Building Quality

    7
  • Construction Type

    0
  • Building Style

    15
  • Exterior Walls Type

    12
  • Interior Walls Type

    0
  • Roof Shape Type

    0
  • Roof Cover Type

    3
  • Floor Count

    1
  • Living Units

    1.00
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    0
  • Basement Type

    0
  • Basement Area

    0.00
  • Garage Type

    0
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    0
  • Porch Type

    0
  • Pool Type

    0

Dimensions

  • Lot Size Square Feet

    5,592
  • Lot Size Depth Feet

    1300
  • Lot Size Frontage Feet

    430
  • Total Building Area

    1,338
  • Gross Building Area

    0.00
  • Building Area

    1,338
  • Building Area Source

    L

Heating

  • Fireplace Count

    1.00
  • Air Conditioning Type

    0
  • Heat Code

    0
  • Heated Square Feet

    1,338
  • Heating Fuel Type

    0

Codes

  • Sewer System

    0
  • Water Service Type

    0

Building

Building codes and types
  • Building Type

    0
  • Property Class ID

    R
  • Land Acres

    0.128
  • Standard Land Use Code

    1001
  • County Land Use Code

    0100
  • Legal Description 1

    TRACT # 1700 LOT 45

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Los Angeles Unified School District
  • Census Tract

    234501

Zoning

The zoning code for this property is LAR1.
  • Zoning

    LAR1

Geography

The property is located in zip code 90043.
  • Subdivision Tract Number

    1700
  • Parcel

    5015-039-007
  • Block

  • Lot

    45
  • Latitude

    33.9978
  • Longitude

    -118.32

Address

  • Full Address

    5004 3rd Ave
  • Address - House Number

    5004
  • Address - Street Name

    3rd
  • Address - Suffix Type

    Ave
  • State

    CA
  • City Name

    Los Angeles
  • Carrier Code

    C011
  • 4-Digit Zip Code

    1925
  • Zip Code

    90043

Valuation

The assessed value of this property is $58,969.
  • Timestamp

    Oct 05, 2020
  • UCID Flag

    U
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2020
  • Tax Amount

    $996
  • Tax Rate Code Area

    0-212

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $29,000

Market Valuation

  • Market Total Value

    $0
  • Market Land Value

    $0
  • Market Improvement Value

    $0

Appraisal Valuation

  • Valuation Date

    Oct 14, 2020
  • Confidence Score

    77
  • Final Value

    543,074
  • High Value

    693,469
  • Low Value

    392,680

Assessments Valuation

  • Assessed Year

    2020
  • Assessed Total Value

    $58,969
  • Assessed Land Value

    $34,143
  • Assessed Improvements Value

    $24,826

Sales

  • Current Sale Transaction ID

    0
  • Current Sales Price

    $0

Mortgages

  • First Current Mortgage Loan Amount

    $0
  • First Current Mortgage Terms

    0
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    CALIFORNIA FED BK
  • First Open Lien Mortgage Recording Date

    19930820
  • First Open Lien Mortgage Loan Amount

    $29,000
  • First Open Lien Mortgage Term

    360
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Due Date

    20230901
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Home Features

HVAC

Central A/C

Price History

Date/EventEventPrice
Mar 18, 2023 Price DecreasedPrice Decreased$1,024,000 $25K (2.4%)
Jan 6, 2023 Listed by Evergreen Realty, HomeSmartListed by Evergreen Realty, HomeSmart$1,049,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$41,940
ExpensesPer Year
$0
Operating ProfitPer Year
$41,940
Cap rate
4.10%

Price Estimate

$1,169,000$1,019,469$869,939
20232024202520262027
Current Asking Price

$1,024,000

HopScore Market Price

$1,019,469

The current asking price is $4,530.27 above the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
House
3
2
1,310 ft²
$630/ft²
$825,000
Active
House
4
3
1,620 ft²
$556/ft²
$900,000
Active
House
4
2
2,300 ft²
$370/ft²
$850,000
Active
House
4
3
2,626 ft²
$358/ft²
$940,000
In Contract
House
4
2
2,900 ft²
$355/ft²
$1,030,000

Payment Calculator



Neighborhood

About Park Mesa Heights

Stats & Trends

The median asking price in Park Mesa Heights is $799,900.
  • Median Asking

    $799,900
  • Sale Price/ft²

    $520.75
  • Below Asking

    0.02%
  • Days on Market

    64

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5004 3rd Avenue in Los Angeles, CA was first built in 1920 and is 103 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. 5004 3rd Avenue has 1,338 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 430 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 5,592 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $996 in taxes per year. The property on 5004 3rd Avenue was last assessed in 2020. As a result of that assessment, the total value of the property was placed at $58,969. To break that down further, the land itself was valued at $34,143. While improvements to the property were assessed at a total of $24,826. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

5004 3rd Avenue, Los Angeles, CA 90043


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