Check Availability
$1,395,000
↓ $55K (3.8%)
Land - For Sale

5306 Oakland St

Los Angeles, CA 90032
bedrooms
Studio
bathrooms
0 Bath
$6,850
Estimated Monthly
$0
HOA / Fees

About This Property

We are excited to present this RTI development opportunity in El Sereno. Currently on the massive 7,099 SF LARD1.5 lot stands a 3-bedroom 2-bathroom single family home spanning 1,432 SF just one lot from the corner with alley access. Approved plans call for the demolition of the existing structure to build four new 4-bedroom townhome style units distributed across nearly 10,000 SF of building space. SB8 clearance is on hand verifying that no replacement units are required for the future development. This pocket of El Sereno is the perfect home for multifamily developments as such boasting strong connectivity to major hubs such as the Cal State LA campus, Downtown Los Angeles, Pasadena, and Alhambra.
Unit Size
-
Days on Market
194 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1924
Listed By
Yohann Bensimon
Keller Williams Hollywood Hills
Last updated: 29 days ago (CLAWCA #322661)

Price History

Date / Event Date Event Price
Mar 31, 2024 Price Decreased $1,395,000
↓ $55K (3.8%)
Price Decreased
Oct 17, 2023 Listed by Keller Williams Realty Hollywood Hills $1,450,000
Listed by Keller Williams Realty Hollywood Hills
Apr 5, 2022 No longer available -
No longer available
Apr 1, 2022 Sold to Ezra Oved, Robert Younesian $1,100,000
Sold to Ezra Oved, Robert Younesian
Mar 23, 2022 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,099
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,432
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HUNTINGTON BOULEVARD TRACT
  • Land Acres: 0.163
  • Legal Description 1: HUNTINGTON BLVD TRACT LOT/SEC 2 BLK/DIV/TWN D

Ownership

  • Current Owner : YOUNESIAN ROBERT
  • Current Owner 2: OVED EZRA
  • Previous Owner : ANGELES MADISON RESIDENTIAL OWNCO LLC
  • Owner Before Previous Owner: TANG KIN FAN
  • Owner Before Previous Owner 2: HAO SOPHIA JIN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 201501

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 36-E4
  • Parcel: 5219-006-005
  • Block: D
  • Lot: 2
  • Municipality: EAST /MONTEREY HILLS
  • Latitude: 34.0885
  • Longitude: -118.167

    Address

  • Full Address: 5306 Oakland St
  • Address - House Number: 5306
  • Address - Street Name: Oakland
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C012
  • 4-Digit Zip Code: 2411
  • Zip Code: 90032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,854
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 1,344,930
  • High Value: 1,436,189
  • Low Value: 1,253,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,122,000
  • Assessed Land Value: $897,600
  • Assessed Improvements Value: $224,400

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Transaction ID: 11883840047
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 366506
  • Previous Sale Recording Date: Jan 03, 2022
  • Previous Sale Contract Date: Oct 22, 2021
  • Previous Sale Amount: $945,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Jan 03, 2022
  • Previous Mortgage Loan Amount: $740,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
11 Beds
9 Baths
4,606 ft²
$302/ft²
$1,390,000 Oct 3, 2023
-
-
House
3 Beds
2.5 Baths
1,934 ft²
$876/ft²
$1,695,000 Aug 22, 2023
-
-
House
5 Beds
5 Baths
3,642 ft²
$328/ft²
$1,195,000 May 1, 2020
-
-

About East LA


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Frequently Asked Questions

When was property at 5306 Oakland Street built and last sold?
The property at 5306 Oakland Street was built in 1924 and last sold on Mar 22, 2022 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 5306 Oakland Street is $1,464,500.
What are some comparable homes to 5306 Oakland Street?
Homes that are comparable to 5306 Oakland Street include a multifamily property at 5125 Oakland Street, a house property at 2066 Hanscom Drive, 4222 Barrett Road.

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