5162 Ruthelen Street

Los Angeles, CA 90062

$939,000
Price
4
Beds
3
Baths
2,428 Sq. Ft.
$387 / Sq. Ft.
2,428
Sq. Ft.
$387
per Sq. Ft.

Description

INCREDIBLE INVESTMENT OPPORTUNITY Investors + Owner occupants, this is the one you've been waiting for! Stunning Spanish side-by-side duplex offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. This duplex is renovated and fully occupied with potential for one unit to be delivered vacant. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a remodeled...INCREDIBLE INVESTMENT OPPORTUNITY Investors + Owner occupants, this is the one you've been waiting for! Stunning Spanish side-by-side duplex offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. This duplex is renovated and fully occupied with potential for one unit to be delivered vacant. Both units feature updated plumbing, electrical, tankless water heater + roof. 2Bd/2Ba boasts a remodeled kitchen + baths with composite hardwood and character tile throughout. Private backyards lead to separate 1-car garages for each unit with convenient alley access. Close proximity to shopping and dining at USC Village. Museums, concerts and matches at BMO Stadium are a breeze with connections to the Metro Line for quick and easy transportation. Don't miss this! NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of four multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5166 S Manhattan Pl, 5419 S St. Andrews Pl and 5722 S Manhattan Pl. Contact listing agents for more info.

Listing Agents

  1. Karlyn Nelson

    Karlyn Nelson

    Listing Agent

    Compass

    DRE #02051690

    karlyn.nelson@compass.com

    P: (323)-241-9786

  2. Lacy Register

    Lacy Register

    Alternative Listing Agent

    Compass

    DRE #01980850

    lacy.register@compass.com

    P: (310)-422-7291

Property Details for 5162 Ruthelen Street

Zoning
LAR1
Style
Spanish
Parcel Number
5015009015
Total Units
2.0
Living Area
2428
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
0
LISTING UPDATED: 07/26/2024 02:02 PM

Property Details for 5162 Ruthelen Street

StatusActive
MLS #24-415419
Days on Market157
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 6,030 SF
CountyLos Angeles County

Building Information for 5162 Ruthelen Street

Stories-Residences-Year Built1924Building Size-Lot Size0.14 AC / 6,030 SF

Property Information for 5162 Ruthelen Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • Direction Faces: West
  • Water: Public
  • Water Heaters: Yes
  • Water Heater Features: Multi-Tank, Tankless
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $45,432
  • Net Operating Income: $36,196.00
  • Gross Income: $45,432
  • Cap Rate: 3.80%
  • Gross Rent Multiplier: $20.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 9235
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1384
  • Lot Size Square Feet: 6030
Parking Details
Parking Details
  • Parking Garage: Uncovered, Garage
  • Total Parking: 4
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 2
  • Parking Features: Uncovered, Garage
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window, Air Conditioning
  • Heating: Wall Furnace, Combination
  • Heating Type: Wall, Combination
  • Equipment: Range/Oven, Dishwasher, Stackable W/D Hookup, Microwave
  • Common Walls: Attached
  • Cooking Appliances: Range, Oven, Microwave
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 07-17-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,288.00
  • Unit Actual Rent: $2,288.00
  • Unit Projected Rent: $2,288.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,498.00
  • Unit Actual Rent: $1,498.00
  • Unit Projected Rent: $2,288.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $273,305.00
  • Assessed Improvement Percent: 46.43
  • Assessed Land Value: $315,353.00
  • Assessed Land Percent: 53.57
  • Assessed Total Value: $588,658.00

Property History for 5162 Ruthelen 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 5162 Ruthelen Street

Taxable ValueLand$328,093Additions$284,346Total$612,439
Tax Record2024$7,770 ($647 / month)
Home Facts
Total Finished SqFt2,428 SqFtAbove Grade Finished SqFt2,428 SqFtLot Size6,030 SqFtStyleDuplexYear Built1924ZoningLAR1CountyLOS ANGELESAPN5015-009-015

Schools near 5162 Ruthelen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 6 to 11
Public - 9 to 12
Rating
School
Distance
Angeles Mesa Elementary School
PublicK to 5

Western Avenue Technology Magnet
PublicK to 8

Barack Obama Global Preparation Academy
Public6 to 11

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5162 Ruthelen Street is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on July 17, 2024 by Compass, it's currently listed at $939,000. It has been on the market for a total of 157 days and was last sold on January 9, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Angeles Mesa Elementary School, Western Avenue Technology Magnet and Barack Obama Global Preparation Academy. 5162 Ruthelen Street is a 4-bed, 3-bath, 2,428 sqft multi-family home built in 1924.

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 Compass, Karlyn Nelson, DRE #02051690; Compass, Lacy Register, DRE #01980850

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.