5081-5083 Borland Road

Los Angeles, CA 90032

$1,015,000
Price
4
Beds
4
Baths
2,215 Sq. Ft.
$458 / Sq. Ft.
2,215
Sq. Ft.
$458
per Sq. Ft.

Description

Rare opportunity ! These 2 properties are side by side. 5077-5079 Borland Rd. and 5081-5083 Borland Rd. Own by the same owners. It can be sold together or sell separately. The different between both of them is the size of living space. It situated on a primary location and very easy access to all amenities and all transportations. It has 2 car attached garage in rear, also street parking is available. All rents receipts showed all tenants are paid on time every month. A lot of potential for future...Rare opportunity ! These 2 properties are side by side. 5077-5079 Borland Rd. and 5081-5083 Borland Rd. Own by the same owners. It can be sold together or sell separately. The different between both of them is the size of living space. It situated on a primary location and very easy access to all amenities and all transportations. It has 2 car attached garage in rear, also street parking is available. All rents receipts showed all tenants are paid on time every month. A lot of potential for future expanding if buy both properties together. A minor repairs cosmetic may apply. Owner will consider selling together or selling separately. It's a rare and unique property that can make the new owner turn the subject property into a big project and become a huge investment later. There are 4 separate electric meters and 4 separate gas meters, owner paid for water ad trash. Fully fenced front and rear.
  1. Listed by Toi Cha-Umpluke • DRE #01113616 • Brokerage DRE #01987041 • RE Counselors Inc • 213-494-1282

Property Details for 5081-5083 Borland Road

Architectural Style
Contemporary
View
City Lights
Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
LISTING UPDATED: 10/12/2024 01:32 PM

Property Details for 5081-5083 Borland Road

StatusActive
MLS #GD24207337
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Fourplex
Year Built1959
Lot Size0.12 AC / 5,319 SF
CountyLos Angeles County

Building Information for 5081-5083 Borland Road

Stories2Residences-Year Built1959Building Size-Lot Size0.12 AC / 5,319 SF

Property Information for 5081-5083 Borland Road

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $3,533
  • Gross Scheduled Income: $42,396
  • Net Operating Income: $32,374
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $10,022
  • Gardener Expense: $1,200
  • Electric Expense: $7,017
  • Insurance Expense: $2,624
  • Trash Expense: $0
  • Water Sewer Expense: $464
  • Total Expenses: $11,305
Tax / Assessment Info
  • Tax Rate: 4.0
  • Tax Year: 2024
  • Tax Tract Number: 7669
  • Tax Census Tract: 2017.00
  • Tax Lot: 124
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Park, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Interior Features: Ceiling Fan(s), Unfurnished
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Outside
  • Fireplace Features: None
  • Cooling: Gas, See Remarks, Wall/Window Unit(s)
  • Heating: Electric, Natural Gas, See Remarks, Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Construction Materials: Concrete
  • Roof: Composition
  • Entry Location: Ground
  • Fence: Yes
  • Fencing: Chain Link
  • Foundation Details: Raised
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Improvements Amount: $307,858.00
  • Improvements Percent: 37.18%
  • Land Lease: No
  • Land Value: $520,200.00
  • Road Surface Type: Paved
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Electric: 220 Volts
  • Water Source: Private
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Features: Garage
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: Yes
  • Unit Type Actual Rent: $844
  • Unit Type Total Rent: $844
  • Unit Type Pro Forma: 877
  • 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: Yes
  • Unit Type Actual Rent: $844
  • Unit Type Total Rent: $844
  • Unit Type Pro Forma: 877
  • 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: Yes
  • Unit Type Actual Rent: $937
  • Unit Type Total Rent: $937
  • Unit Type Pro Forma: 974
  • 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: Yes
  • Unit Type Actual Rent: $908
  • Unit Type Total Rent: $908
  • Unit Type Pro Forma: 944
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 5081-5083 Borland Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5081-5083 Borland Road

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

El Sereno Middle School
Public6 to 8

Abraham Lincoln Senior High School
Public9 to 12

Woodrow Wilson Senior High School
Public9 to 12

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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Similar Sold Homes

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5081-5083 Borland Road is a multi-family home for sale in Los Angeles, CA 90032. This property was listed for sale on October 6, 2024 by RE Counselors Inc, it's currently listed at $1,015,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Multnomah Street Elementary School, El Sereno Middle School and Abraham Lincoln Senior High School. 5081-5083 Borland Road is a 4-bed, 4-bath, 2,215 sqft multi-family home built in 1959.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE Counselors Inc, Toi Cha-Umpluke, DRE #01113616

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.