5506 Valley Boulevard

Los Angeles, CA 90032

$1,800,000
Price
9
Beds
8
Baths
4,687 Sq. Ft.
$384 / Sq. Ft.
4,687
Sq. Ft.
$384
per Sq. Ft.

Description

7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades with a new roof and completed Los Angeles soft-story seismic retrofit in 2021 ~ The mix of unit sizes, with six 1-bedroom, 1-bath units on the first floor and a large 3-bedroom, 1.5-bath unit on the second floor ~ Assigned parking with six garages and one additional space ~ Located in a quiet, safe neighborhood ~ Easy access to the 710 freeway and multiple alternative routes to reach downtown Los Angeles.7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades with a new roof and completed Los Angeles soft-story seismic retrofit in 2021 ~ The mix of unit sizes, with six 1-bedroom, 1-bath units on the first floor and a large 3-bedroom, 1.5-bath unit on the second floor ~ Assigned parking with six garages and one additional space ~ Located in a quiet, safe neighborhood ~ Easy access to the 710 freeway and multiple alternative routes to reach downtown Los Angeles.
  1. Listed by XIAOXI SHANG • DRE #01386754 • Brokerage DRE #01509007 • Pros Group Inc • 626-841-1688

Property Details for 5506 Valley Boulevard

Parking Spaces Total
7
Private Pool
No
Cooling Type
Wall/Window
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4687
Assessor Parcel Number
5221-012-018
LISTING UPDATED: 11/04/2024 05:04 PM

Property Details for 5506 Valley Boulevard

StatusActive
MLS #WS24090466
Days on Market237
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
CountyLos Angeles County

Building Information for 5506 Valley Boulevard

Building/Complex5506 Valley BlvdFloor-Stories2Residences-Pet Policy-Year Built1952Building Size-

Property Information for 5506 Valley Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $106,476
  • Net Operating Income: $74,484
  • Laundry Income: $0
  • Other Income 1: $1,200
  • Cap Rate: 4.13
Expense Details
  • Operating Expense: $31,992
  • New Taxes Expense: $23,400
  • Insurance Expense: $2,594
  • Maintenance Expense: $1,250
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $4,748
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 7746
  • Tax Census Tract: 2017.00
  • CFD/Mello-Roos Fee: $1,409
  • Tax Lot: 514
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Shingle
  • Entry Location: street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street, Lot 10000-19999 Sqft
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Assigned
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: $1,521
  • Unit Type Total Rent: $1,521
  • Unit Type Pro Forma: 1550
  • 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: $1,133
  • Unit Type Total Rent: $1,133
  • Unit Type Pro Forma: 1550
  • 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: $983
  • Unit Type Total Rent: $983
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $852
  • Unit Type Total Rent: $852
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 5
Unit 6
  • 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: $1,125
  • Unit Type Total Rent: $1,125
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 6
Unit 7
  • 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: $1,159
  • Unit Type Total Rent: $1,159
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 7
Unit Information
  • Number Of Units Leased: 7
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 5506 Valley Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5506 Valley Boulevard

Taxable ValueLand$482,910Additions$430,015Total$912,925
Tax Record2024$12,361 ($1,030 / month)
Home Facts
Total Finished SqFt4,687 SqFtAbove Grade Finished SqFt4,687 SqFtLot Size10,003 SqFtStyleMulti-Family Res (5+ Units)Year Built1952ZoningLAC2CountyLOS ANGELESAPN5221-012-018

Schools near 5506 Valley Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Multnomah Street Elementary School
Public - K to 5
El Sereno Middle School
Public - 6 to 8
Abraham Lincoln Senior High School
Public - 9 to 12
Woodrow Wilson Senior High School
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.

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More information about 5506 Valley Boulevard, Los Angeles, CA 90032

5506 Valley Boulevard is a multi-family home for sale in Los Angeles, CA 90032. This property was listed for sale on May 6, 2024 by Pros Group Inc, it's currently listed at $1,800,000. It has been on the market for a total of 237 days and was last sold on February 8, 2013. 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. 5506 Valley Boulevard is a 9-bed, 8-bath, 4,687 sqft multi-family home built in 1952.

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 Pros Group Inc, XIAOXI SHANG, DRE #01386754

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.