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Sold for $1,560,000
  • Listed by: Keller Williams Realty/Pasadena • KEVIN LUTZ • Contact: 626-429-0685
    Bought with: Keller Williams Realty/Pasadena
    $1,560,000

    5081 Glen Iris Ave, Los Angeles, CA 90041

    8beds
    5baths
    3,410sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $2,154,000 Zestimate®
    $457/sqft
    $2,680 Estimated rent

    Home value

    $2,154,000

    $1.92M - $2.41M

    $2,680/mo

    Zestimate® history
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    What's special

    Pitched composition shingle roofsOriginal hardwood floorsUpdated vinyl plank flooringGravity heating
    Glen Iris Gardens is a beautifully maintained, pride-of-ownership 4-unit property located in the desirable Los Angeles neighborhood of Eagle Rock. Built in 1950, this charming 3,410 sqft, single-story asset sits on a 9,871 sqft lot. The property consists of 2 separate buildings featuring a raised foundation and pitched composition shingle roofs. The unit mix includes one 1-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one 3-bedroom/1.75-bath unit. Each unit enjoys its own designated parking space (7 total) with Unit 5087 additionally renting a one-car storage space for $150/month. All units are individually metered for gas, electricity and hot water, while the owner covers water, sewer and trash services. Interiors boast of original hardwood floors or updated vinyl plank flooring, vinyl flooring in kitchens and bathrooms and charming tile or stone countertops alongside gas stoves/ovens. Each unit is equipped with wall A/C units and gravity heating for comfort. Threeunits (5081, 5083 and 5085) offer in-unit washer/dryer hookups, there is no common laundry facility. The property has original galvanized plumbing (repaired as needed) and older electrical sub-panels. Glen Iris Gardens is subject to Los Angeles rent control regulations, and buyers are advised to independently verify all property details. This is a rare opportunity to own a well-cared-for, low-maintenance income property in a strong rental market.

    Zillow last checked:

    Listing updated:

    Listed by:

    KEVIN LUTZ DRE #00925595 626-429-0685,

    Keller Williams Realty/Pasadena

    Bought with:

    KEVIN LUTZ, DRE #00925595

    Keller Williams Realty/Pasadena

    Source: CRMLS,MLS#: WS25094375MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Gravity
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven
    • Laundry: Washer Hookup, None
    Features
    • Flooring: Vinyl, Wood
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,410
    • Total interior livable area: 3,410 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage, Carport
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 9,871 Square Feet
    • Features: Street Level
    Details
    • Parcel number: 5686006002
    • Zoning: LARD1.5
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $457/sqft
    • Tax assessed value: $1,591,200
    • Date on market: 4/30/2025
    • Cumulative days on market: 5 days
    • Listing terms: Cash
    • Total actual rent: 9173

    Price history

    DateEventPrice
    6/20/2025Sold$1,560,000-3.4%$457/sqft
    Source: CRMLS #WS25094375 Report a problem
    5/6/2025Pending sale$1,615,000$474/sqft
    Source: CRMLS #WS25094375 Report a problem
    4/30/2025Listed for sale$1,615,000$474/sqft
    Source: CRMLS #WS25094375 Report a problem
    2/18/2011Listing removed$1,195
    Source: Cornerstone R/E Management, Inc. Report a problem
    2/12/2011Price change$1,195-7.7%
    Source: Cornerstone R/E Management, Inc. Report a problem
    1/26/2011Price change$1,295-7.2%
    Source: Cornerstone R/E Management, Inc. Report a problem
    1/15/2011Price change$1,395-1.8%
    Source: Cornerstone R/E Management, Inc. Report a problem
    1/1/2011Listed for rent$1,420
    Source: Cornerstone R/E Management, Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,591,200 +1236%
    2025$2,111 +3.1%$119,098 +2%
    2024$2,048 +1.4%$116,764 +2%
    2023$2,020 +3.7%$114,476 +2%
    2022$1,947 +2.1%$112,233 +2%
    2021$1,906 -0.5%$110,034 +1%
    2020$1,915 $108,907 +2%
    2019$1,915 +14.2%$106,773 +2%
    2018$1,677 $104,681 +2%
    2017$1,677 +1.9%$102,629 +2%
    2016$1,646 +4.9%$100,618 +1.5%
    2015$1,570 -1.1%$99,107 +2%
    2014$1,587 $97,167 +4.5%
    2011-- $92,973 +0.8%
    2010-- $92,279 -0.2%
    2009-- $92,499 +2%
    2008-- $90,687 +4%
    2006-- $87,167
    2005-- $87,167 +4%
    2004-- $83,784 +8.1%
    2000-- $77,507
    Find assessor info on the county website

    Neighborhood: Eagle Rock

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,154,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,154,000