What has been a family compound and cherished sanctuary for several decades now comes to market as your opportunity to own a 4-unit property in East Los Angeles. Located at 3723 East 5th Street in Los Angeles (90063) this property is ripe with opportunity. One of the most compelling features of this opportunity is its exceptional unit mix. At the heart of the apartment complex is “the owner’s unit.” The owner’s unit is a 4-bedroom, 3-bathroom unit designed to accommodate the dynamic needs of a busy household. Yet, another opportunity with the owner’s unit is the possibility of splitting this home into two units. The existing floopland should be easy to convert into a 3 bed, 1 3/4 bath owner’s unit and a 1 bedroom, 1 bathroom attached ADU. In addition to “the owner’s unit” there are an additional three units that are 2 bedrooms and 1 bathroom each. Since this property has been used as a family compound for many years 3723 East 5th Street will be delivered with the owner’s unit and a two bedroom, one bath unit vacant at the close of escrow. The versatile floorplan along with two units delivered vacant at the close of escrow make’s it clear that 3723 East 5th Street is offering you the ability to immediately generate market rent regardless of whether you live in one and rent the others or just have it be a stand-alone income opportunity. While I am speaking of income opportunities 3723 East 5th Street has a four car garage that will be delivered vacant as well. This is another area of the property where you may be able to generate additional income by renting the individual parking spots. Whether 3723 East 5th Street will be your family compound or an addition to your real estate portfolio I invite you to come and see all that this property has to offer you!
Sold for $1,350,000
Listed by: RE/MAX INNOVATIONS • Joe Napoli • Contact: 626-825-4863
Bought with: Coldwell Banker Envision
Tax assessed value
$1,350,000
3723 E 5th St, Los Angeles, CA 90063
10beds
6baths
4,288sqft
Quadruplex
Built in 1953
-- sqft lot
$1,319,200 Zestimate®
$315/sqft
$2,978 Estimated rent
Home value
$1,319,200
$1.21M - $1.44M
$2,978/mo
Zestimate® history
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$2,978/mo
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$8,599/mo
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Zillow last checked:
Listing updated:
Listed by:
Joe Napoli DRE #01279689 626-825-4863,
RE/MAX INNOVATIONS
Bought with:
Rudolph Vazquez, DRE #02048764
Coldwell Banker Envision
Source: CRMLS,MLS#: CV24105424
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Rooms
- Room types: Bedroom, Family Room, Kitchen, Laundry, Other
Bedroom
- Features: Bedroom on Main Level
Heating
- Ductless, Wall Furnace
Cooling
- Ductless, See Remarks, Wall/Window Unit(s)
Appliances
- Included: Built-In Range, Double Oven, Dishwasher, Gas Water Heater, Refrigerator, Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside, In Garage
Features
- Ceiling Fan(s), Storage, Unfurnished, Bedroom on Main Level
- Flooring: Tile, Vinyl
- Windows: Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,288
- Total interior livable area: 4,288 sqft
Property
Parking
- Total spaces: 8
- Parking features: Door-Multi, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Gated
- Garage spaces: 4
- Uncovered spaces: 4
Accessibility
- Accessibility features: Grab Bars, No Stairs
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Floor
- Pool features: None
- Spa features: None
- Fencing: Block,Brick,Chain Link,Good Condition,Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 6,892 Square Feet
- Features: Front Yard, Near Public Transit, Paved, Rectangular Lot
Details
- Parcel number: 5238003022
- Zoning: LCR4*
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Raised, Slab
- Roof: Composition
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1953
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, See Remarks, Water Connected, Overhead Utilities
Community & HOA
Community
- Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $1,350,000
- Annual tax amount: $18,109
- Date on market: 6/20/2024
- Cumulative days on market: 13 days
- Listing terms: Cash to New Loan
- Total actual rent: 3600
- Tenant pays: Cable TV, Electricity, Telephone
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2024 | Sold | $1,350,000$315/sqft |
Source:  CRMLS #CV24105424 Report a problem | ||
| 8/12/2024 | Pending sale | $1,350,000$315/sqft |
Source: CRMLS #CV24105424 Report a problem | ||
| 7/6/2024 | Contingent | $1,350,000$315/sqft |
Source: CRMLS #CV24105424 Report a problem | ||
| 6/20/2024 | Listed for sale | $1,350,000$315/sqft |
Source: CRMLS #CV24105424 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,109 +213.4% | $1,350,000 +258% |
| 2024 | $5,778 +6.8% | $377,136 +7.9% |
| 2023 | $5,412 +27.7% | $349,393 +59.8% |
| 2022 | $4,238 +1.5% | $218,672 +2% |
| 2021 | $4,174 -0.4% | $214,385 +1% |
| 2020 | $4,189 | $212,187 +2% |
| 2019 | $4,189 +10.4% | $208,027 +2% |
| 2018 | $3,794 | $203,949 +2% |
| 2017 | $3,794 +1.7% | $199,951 +2% |
| 2016 | $3,731 +3% | $196,031 +1.5% |
| 2015 | $3,621 +1.1% | $193,087 +2% |
| 2014 | $3,583 | $189,305 +5.3% |
| 2010 | -- | $179,783 +1.8% |
| 2008 | -- | $176,679 +4% |
| 2005 | -- | $169,821 +4% |
| 2004 | -- | $163,229 +1.9% |
| 2003 | -- | $160,238 +2% |
| 2002 | -- | $157,097 +4% |
| 2000 | -- | $150,998 |
Find assessor info on the county website
Neighborhood: 90063
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Nearby schools
GreatSchools rating
- 3/10Rowan Avenue Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Robert Louis Stevenson Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4Grades: 9-12Distance: 1.1 mi
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Estimated market value
$1,319,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,319,200
- California
- Los Angeles County
- East Los Angeles
- 90063
- 3723 E 5th St
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