5151 Navarro Street

Los Angeles, CA 90032

$2,200,000
Price
13
Beds
11
Baths
4,800 Sq. Ft.
$458 / Sq. Ft.
4,800
Sq. Ft.
$458
per Sq. Ft.

Description

Located at 5151 Navarro St, Los Angeles, CA 90032, this well-maintained 6-unit apartment building offers an incredible investment opportunity in the thriving El Sereno neighborhood. Situated in a high-demand rental market, this property provides stable income potential with room for value-add improvements. Each unit offers a unique blend of comfort and functionality, with a mix of one-bedroom and two-bedroom layouts that attract a diverse tenant base. The building has been well-cared for, featuring...Located at 5151 Navarro St, Los Angeles, CA 90032, this well-maintained 6-unit apartment building offers an incredible investment opportunity in the thriving El Sereno neighborhood. Situated in a high-demand rental market, this property provides stable income potential with room for value-add improvements. Each unit offers a unique blend of comfort and functionality, with a mix of one-bedroom and two-bedroom layouts that attract a diverse tenant base. The building has been well-cared for, featuring updated systems and amenities that offer tenants a quality living experience. Additionally, there is ample parking on the premises, which is a significant convenience for renters in this highly desirable area. El Sereno is a rapidly growing neighborhood in Los Angeles, known for its proximity to Downtown LA, Cal State LA, and easy access to major freeways. The property is also within walking distance to local shops, restaurants, and parks, making it a prime location for long-term tenancy and rental growth. This property is perfect for both seasoned investors and those looking to enter the multifamily market. Don't miss your chance to acquire a solid investment in one of Los Angeles' most up-and-coming areas.
  1. Listed by Luis Ruiz • DRE #01295320 • Brokerage DRE #01295320 • LAR Realty, Inc.

Property Details for 5151 Navarro Street

Water Front
None
Zoning
LARD3
Accessibility Features
None
Parcel Number
5219008020
Total Units
6.0
Living Area
4800
Source Living Area
Vendor Enhanced
Area
El Sereno (621)
LISTING UPDATED: 10/26/2024 12:01 AM

Property Details for 5151 Navarro Street

StatusActive
MLS #24-454593
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.20 AC / 8,840 SF
CountyLos Angeles County

Building Information for 5151 Navarro Street

Stories-Residences-Year Built1987Building Size-Lot Size0.20 AC / 8,840 SF

Property Information for 5151 Navarro Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Residential
  • View: No
  • View Description: None
  • View: None
  • Security Features: Exterior Security Lights, Fire and Smoke Detection System, Gated, Window Bars, Smoke Detector
  • Water: District, In Street, Water District, Public
  • Sewer: In Connected and Paid, In Street, In Street Paid
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Water Heater Unit
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $151,080
  • Net Operating Income: $94,985.00
  • Gross Income: $151,080
  • Cap Rate: 4.32%
  • Gross Rent Multiplier: $14.56
  • Actual Annual Gross Rent: $151,080.00
  • Actual Gross Annual Income: $151,080
  • Actual Rent Total: $151,080.00
  • Financial Info as Of: 10/18/2024
  • Vacancy Allow Dollar: $4,532.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 51561
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.2029
  • Lot Size Square Feet: 8840
  • Lot Features: Front Yard, Yard
  • Lot Description: Automatic Gate, Front Yard, Fenced Yard, Exterior Security Lights, Sidewalks, Street Asphalt, Street Lighting, Street Paved, Yard
  • Lot Location: None
Parking Details
Parking Details
  • Parking Garage: Assigned, Auto Driveway Gate, Controlled Entrance, Driveway - Concrete, Gated, Private, Shared Driveway
  • Total Parking: 11
  • Covered Parking: 0
  • Open Other Spaces Total: 11
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Parking Features: Assigned, Auto Driveway Gate, Controlled Entrance, Concrete, Gated, Private, Shared Driveway
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Heat Pump
  • Cooling Type: Air Conditioning, Heat Pump(s)
  • Heating: Heat Pump
  • Heating Type: Heat Pump
  • Flooring: Ceramic Tile, Laminate
  • Equipment: Dryer, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Interior Features: Drywall Walls
  • Room Kitchen Features: Kitchen Open to Family Room, Remodeled Kitchen
  • Kitchen Features: Open to Family Room, Quartz Counters, Remodeled
  • Room Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Remodeled
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled
  • Common Walls: Attached
  • Cooking Appliances: Free Standing Gas, Microwave
  • Laundry: In Unit
  • Laundry Equipment: Own
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Asphalt
  • Sprinklers: None
  • Patio Features: Balcony
  • Windows: Screens
  • New Construction: No
  • Construction Materials: Frame
  • Exterior Construction: Frame
  • Foundation Details: Slab
  • Other Structural Features: Balcony, Full Copper Plumbing, Slab
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-18-2024
  • Listing Terms: Cash, Cash To New Loan
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas, Move Out Fee
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,110.00
  • Unit Actual Rent: $2,110.00
  • Unit Projected Rent: $2,110.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,229.00
  • Unit Actual Rent: $2,229.00
  • Unit Projected Rent: $2,229.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,729.00
  • Unit Actual Rent: $1,729.00
  • Unit Projected Rent: $1,729.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,822.00
  • Unit Actual Rent: $1,822.00
  • Unit Projected Rent: $1,822.00
  • Like Units: 5
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number of Carpet: 0
  • Number of Dishwasher: 0
  • Number of Disposal: 6
  • Number of Drapes: 4
  • Number of Electric Meters: 6
  • Number of Gas Meters: 6
  • Number Leased: 6
  • Number Patio: 0
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Rented Garages: 0
  • Number Wall AC: 3
  • Number Water Meters: 0
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $378,746.00
  • Assessed Improvement Percent: 39.47
  • Assessed Land Value: $580,748.00
  • Assessed Land Percent: 60.53
  • Assessed Total Value: $959,494.00
  • Private Transfer Taxes: No

Property History for 5151 Navarro 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 5151 Navarro Street

Taxable ValueLand$592,362Additions$386,320Total$978,682
Tax Record2024$12,869 ($1,072 / month)
Home Facts
Total Finished SqFt4,800 SqFtAbove Grade Finished SqFt4,800 SqFtLot Size8,837 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningLARD3CountyLOS ANGELESAPN5219-008-020

Schools near 5151 Navarro Street

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

Arroyo Seco Museum Science
PublicK to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln 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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5151 Navarro Street is a multi-family home for sale in Los Angeles, CA 90032. This property was listed for sale on October 18, 2024 by LAR Realty, Inc., it's currently listed at $2,200,000. It has been on the market for a total of 47 days and was last sold on November 30, 2007. This listing's school district is Los Angeles Unified School District. Nearby schools include Cesar Chavez Elementary School, Arroyo Seco Museum Science and Woodrow Wilson Senior High School. 5151 Navarro Street is a 13-bed, 11-bath, 4,800 sqft multi-family home built in 1987.

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 LAR Realty, Inc., Luis Ruiz, DRE #01295320

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.