5910 Monte Vista Street

Los Angeles, CA 90042

$1,349,000
Price
4
Beds
4
Baths
2,621 Sq. Ft.
$515 / Sq. Ft.
2,621
Sq. Ft.
$515
per Sq. Ft.

Description

This prime Highland Park 4-unit Quadruplex offers a fantastic value-add opportunity. ATTENTION DEVELOPERS POSSIBLE TO BUILD MORE UNITS OR ADD ADU and Jr-ADU. Please check with the City of Los Angeles Building and Planning Department for more information. The property sits on a spacious lot (LARD1.5 zoning) and features two structures. The main structure is comprised of beautiful four units - 1 bed and 1 bath each. The main structure also has a very large basement. The second structure is the carport...This prime Highland Park 4-unit Quadruplex offers a fantastic value-add opportunity. ATTENTION DEVELOPERS POSSIBLE TO BUILD MORE UNITS OR ADD ADU and Jr-ADU. Please check with the City of Los Angeles Building and Planning Department for more information. The property sits on a spacious lot (LARD1.5 zoning) and features two structures. The main structure is comprised of beautiful four units - 1 bed and 1 bath each. The main structure also has a very large basement. The second structure is the carport and a detached garage with ample parking and storage space. The property is located just north of Figueroa on a nice street near the 110 Freeway. It is close to hotspots on Figueroa as well as nearby parks, the Metro Gold line close to DTLA, South Pasadena, all the restaurants, bars, coffee shops, nightlife, and urban lifestyle that Highland Park offers and so much more. The median single-family home price in Highland Park is now over one million dollars, making this 4-unit extremely popular property.
  1. Listed by Grigor Mkrtchyan • DRE #01452036 • Brokerage DRE #01059771 • Markarian Realty • MarkarianRealty@gmail.com

Property Details for 5910 Monte Vista Street

Parking Spaces Total
5
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of Markarian Realty, Grigor Mkrtchyan, DRE #01452036
Add your commute
LISTING UPDATED: 05/13/2024 04:16 AM

Property Details for 5910 Monte Vista Street

StatusActive
MLS #GD24090038
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.17 AC / 7,314 SF
CountyLos Angeles County

Location

Listing Courtesy of Markarian Realty, Grigor Mkrtchyan, DRE #01452036
Add your commute

Building Information for 5910 Monte Vista Street

Stories2Residences-Year Built1905Building Size-Lot Size0.17 AC / 7,314 SF

Payment Calculator

$7,587 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,362

Property Taxes

$225

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5910 Monte Vista Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $46,656
  • Gross Scheduled Income: $70,656
  • Gross Operating Income: $46,656
  • Net Operating Income: $57,784
  • Cap Rate: 4.2
Expense Details
  • Operating Expense: $12,872
  • New Taxes Expense: $16,863
  • Gardener Expense: $720
  • Fuel Expense: $1,200
  • Licenses Expense: $50
  • Pest Control Expense: $500
  • Electric Expense: $1,200
  • Insurance Expense: $1,600
  • Maintenance Expense: $1,300
  • Other Expense: $2,702
  • Other Expense Description: Tax
  • Trash Expense: $700
  • Water Sewer Expense: $3,600
  • Total Expenses: $12,872
Tax / Assessment Info
  • Tax Block: E
  • Tax Tract Number: 1
  • Tax Census Tract: 1836.20
  • CFD/Mello-Roos Fee: $703
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Entry Location: Living room
  • Foundation Details: Raised
  • Other Structures: Storage
  • Property Condition: Additions/Alterations
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Land Lease: No
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Unknown
  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Uncovered Spaces: 1
  • Carport Spaces: 3
  • Parking Features: Assigned, Detached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $22,800
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,112
  • Unit Type Total Rent: $13,344
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $876
  • Unit Type Total Rent: $10,512
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 5910 Monte Vista Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5910 Monte Vista Street

Taxable ValueLand$114,042Additions$52,639Total$166,681
Tax Record2023$2,702 ($225 / month)
Home Facts
Total Finished SqFt2,621 SqFtAbove Grade Finished SqFt2,621 SqFtLot Size7,312 SqFtStyleQuadraplexYear Built1905ZoningLARD1.5CountyLOS ANGELESAPN5484-036-028

Schools near 5910 Monte Vista Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Monte Vista Street Elementary School
PublicK to 5

Benjamin Franklin Senior High School
Public6 to 12

Highland Park Continuation School
Public9 to 12

Luther Burbank Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5910 Monte Vista Street is a multi-family home for sale in Los Angeles, CA 90042. This property was listed for sale on May 6, 2024 by Markarian Realty, it's currently listed at $1,349,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Monte Vista Street Elementary School, Benjamin Franklin Senior High School and Highland Park Continuation School. 5910 Monte Vista Street is a 4-bed, 4-bath, 2,621 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Markarian Realty, Grigor Mkrtchyan, DRE #01452036

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.