5847 Denver Avenue

Los Angeles, CA 90044

$899,900
Price
8
Beds
4
Baths
3,188 Sq. Ft.
$282 / Sq. Ft.
3,188
Sq. Ft.
$282
per Sq. Ft.

Description

5847 Denver is a well-maintained 4-unit apartment complex located in Los Angeles. The property features four spacious two-bedroom, one-bath units, each with in-unit washers and dryers for tenant convenience. Situated on a 5,198 square foot lot, the building is low maintenance and generates steady cash flow, with tenants paying all utilities except for water. There are plans available to add two additional units, offering significant value-add potential for investors. The property offers excellent...5847 Denver is a well-maintained 4-unit apartment complex located in Los Angeles. The property features four spacious two-bedroom, one-bath units, each with in-unit washers and dryers for tenant convenience. Situated on a 5,198 square foot lot, the building is low maintenance and generates steady cash flow, with tenants paying all utilities except for water. There are plans available to add two additional units, offering significant value-add potential for investors. The property offers excellent potential for upgrades and value-add opportunities, with plans available to add two additional units. The well-maintained units provide stable income, making this an ideal investment for buyers seeking long-term growth in a desirable neighborhood

This is a great opportunity for first-time buyers, or experienced investors looking for a property that provides stable income and long-term growth potential. Properties in this desirable neighborhood rarely come to market, making this an excellent chance to acquire a high-performing asset. Don’t miss out!
  1. Listed by Varinder Kumar • DRE #02059761 • Brokerage DRE #01481919 • Coldwell Banker West • 562-418-0998

Property Details for 5847 Denver Avenue

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3188
Assessor Parcel Number
6004-034-007
LISTING UPDATED: 12/25/2024 02:56 PM

Property Details for 5847 Denver Avenue

StatusActive
MLS #PT24252328
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.12 AC / 5,200 SF
CountyLos Angeles County

Building Information for 5847 Denver Avenue

Stories2Residences-Year Built1964Building Size-Lot Size0.12 AC / 5,200 SF

Property Information for 5847 Denver Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $59,124
  • Gross Scheduled Income: $59,124
  • Net Operating Income: $40,164
Expense Details
  • Operating Expense: $0
  • Gardener Expense: $480
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,054
  • Trash Expense: $0
  • Water Sewer Expense: $4,500
  • Total Expenses: $7,034
Tax / Assessment Info
  • Tax Block: D
  • Tax Tract Number: -
  • Tax Census Tract: 2371.02
  • CFD/Mello-Roos Fee: $521
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: first floor
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Electric: Electricity Available, Natural Gas Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,144
  • Unit Type Total Rent: $1,144
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,061
  • Unit Type Total Rent: $1,061
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,294
  • Unit Type Total Rent: $1,294
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,428
  • Unit Type Total Rent: $1,428
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 5847 Denver Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5847 Denver Avenue

Taxable ValueLand$832,320Additions$119,646Total$951,966
Tax Record2024$11,938 ($995 / month)
Home Facts
Total Finished SqFt3,188 SqFtAbove Grade Finished SqFt3,188 SqFtLot Size5,198 SqFtStyleQuadraplexYear Built1964ZoningLAR2CountyLOS ANGELESAPN6004-034-007

Schools near 5847 Denver Avenue

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

John Muir 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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5847 Denver Avenue is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on December 18, 2024 by Coldwell Banker West, it's currently listed at $899,900. It has been on the market for a total of 9 days and was last sold on May 17, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Sixty-First Street Elementary School, John Muir Middle School and Augustus F. Hawkins High A Critical Design And Gaming. 5847 Denver Avenue is a 8-bed, 4-bath, 3,188 sqft multi-family home built in 1964.

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 Coldwell Banker West, Varinder Kumar, DRE #02059761

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.