See Home Value
$925,252*
House - Off Market

5472 3rd Avenue

Los Angeles, CA 90043
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1620 Sqft
$810,000 - $990,000
Reference Base Price*
2.81%
Since May 1, 2023
CA-Los Angeles
Primary Model
Sold Jun 08, 2023
$855,000
Sold Mar 30, 2021
$760,000
$510,000 by Better Mortgage Corporation
Mortgage Due Apr 01, 2051

About This Property

Welcome to this beautiful remodeled home with 3bed/2bath AND PERMITTED SPACIOUS DETACHED ADU. Perfect for additional living space or rental income!  SELLER RENTED OUT FOR $1,700-$2,200 on month-to-month furnished lease from April 2021 to February 2023! UNIT DELIVERED VACANT.  Greeted by the great curb appeal featuring a large lawn, neat landscaping, and front porch all enclosed by a newer installed fence and gate. Enter the open space floor plan overlooked by a beautiful chef kitchen with TOP TIER VIKING STOVE and newly replaced hood. The living room showcases gorgeous flooring, a sleek decorational fireplace, a window seat, crown-molding, and a dining area that sits under a ceiling fan/light fixture. Carry on into the kitchen that offers new stainless-steel appliances, tons of cabinet space, a double-basin sink, and a hallway with newer laundry machines and back door accessing the yard. Primary bedroom is separate from the two other bedrooms- THE IDEAL FLOOR PLAN. Bedrooms are bright and spacious with generous-sized closets; one with a fixed wardrobe and the primary with a custom closet. The bathroom is sleek with a large shower and vanity with storage space. Additional updates include: window treatments, pull-down ladder attic- VERY GENEROUS SIZE- PERFECT FOR STORAGE OR EVEN AN OFFICE SPACE, and a Lorex security camera system. Enjoy the outdoors in a covered patio perfect for a lounge set and entertaining family and friends for the upcoming summertime! HIGHLY DESIRED NEARLY 400 SQFT ADU, great income potential! Located near the Van Ness Recreation Center, Leimert Park Plaza, Chesterfield Square with shops and restaurants, and more! NEARBY CULVER CITY AND WESTFIELD MALL, PLAYA VISTA, LAX, SOFI STADIUM AND KIA FORUM! CENTRAL LOCATION FOR ALL YOUR ENTERTAINMENT NEEDS! CONVENIENT DISTANCE MAY QUALIFY FOR EAGLE COMMUNITY HOME LOAN PROGRAM THROUGH FIRST BANK, WITH MORTGAGE RATES AS LOW AS 4.8% AND UP TO $4,000 LENDER CREDIT FOR CLOSING COSTS.

The manager has listed the unit size as 1620 square feet.
Unit Size
1,620Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$556
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Jun 8, 2023 Sold $855,000
Sold
Apr 29, 2023 Relisted $975,000
Relisted
Apr 29, 2023 Price Decreased $900,000
↓ $75K (7.7%)
Price Decreased
Mar 17, 2023 No longer available -
No longer available
Feb 21, 2023 Listed $975,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1933
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,900
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2314
  • Land Acres: 0.113
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 2314 LOT/SEC 103

Ownership

  • Current Owner : LIVING THE LEGACY OF MARLIE TRUST
  • Previous Owner : TAN PATRICK HENRY
  • Owner Before Previous Owner: REDDY DAMODER P
  • Owner Before Previous Owner 2: REDDY SOUMITRI P
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 234600

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-D3
  • Subdivision Tract Number: 2314
  • Parcel: 5005-002-003
  • Lot: 103
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9911
  • Longitude: -118.32

    Address

  • Full Address: 5472 3rd Ave
  • Address - House Number: 5472
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 2600
  • Zip Code: 90043

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,340
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 917,332
  • High Value: 1,116,252
  • Low Value: 718,411

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $790,704
  • Assessed Land Value: $520,200
  • Assessed Improvements Value: $270,504

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Transaction ID: 11907549371
  • Current Sale Price: $855,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 374712
  • Previous Sale Recording Date: Mar 30, 2021
  • Previous Sale Contract Date: Mar 16, 2021
  • Previous Sale Amount: $760,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: BETTER MORTGAGE CORPORATION
  • Previous Mortgage Transaction Date: Mar 30, 2021
  • Previous Mortgage Loan Amount: $510,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
1,566 ft²
$510/ft²
$799,000 Jan 31, 2023
-
-
House
4 Beds
3 Baths
2,626 ft²
$371/ft²
$975,000 Mar 17, 2023
-
-
House
3 Beds
2 Baths
1,310 ft²
$630/ft²
$825,000 Mar 21, 2023
-
-
House
3 Beds
2 Baths
1,338 ft²
$765/ft²
$1,024,000 Jan 6, 2023
-
-
Multifamily
5 Beds
4 Baths
1,620 ft²
$543/ft²
$880,000 Dec 28, 2022
-
-
Multifamily
3 Beds
2 Baths
1,395 ft²
$520/ft²
$725,000 Mar 6, 2023
-
-
Multifamily
Stu
-
1,651 ft²
$485/ft²
$799,999 Mar 2, 2022
-
-
In Contract
Multifamily
Stu
-
1,744 ft²
$596/ft²
$1,040,000 Apr 15, 2022
-
-
Multifamily
8 Beds
3.5 Baths
2,484 ft²
$334/ft²
$830,000 Jan 30, 2023
-
-
Multifamily
Stu
-
2 ft²
$449,950/ft²
$899,900 Feb 7, 2022
-
-

About South LA


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Frequently Asked Questions

When was property at 5472 3rd Avenue built and last sold?
The property at 5472 3rd Avenue was built in 1922 and last sold on May 11, 2023 for $855,000.
How much is this home worth?
The estimated value of the home located at 5472 3rd Avenue is $900,984.
What are some comparable homes to 5472 3rd Avenue?
Homes that are comparable to 5472 3rd Avenue include a house property at 4611 South Gramercy Place, 5107 Cimarron Street, 5004 3rd Avenue.

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