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Off market
  • $1,119,600

    5501 S Broadway, Los Angeles, CA 90037

    8beds
    2baths
    4,950sqft
    MultiFamily
    Built in 1905
    -- sqft lot
    $1,119,600 Zestimate®
    $226/sqft
    $1,974 Estimated rent

    Home value

    $1,119,600

    $996,000 - $1.24M

    $1,974/mo

    Zestimate® history
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    $1,974/mo

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    Rent Zestimate®

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    $7,132/mo

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    $7,132/mo

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    What's special

    Probably the highest actual cap in Los Angeles! Actual cap is 6.9% Actual GRM is 10.15 The price is reduced again. Current current income is $6,900 a month***** and GRM 10.1 Reduced price for quick sale.Rents: $2,000 (4b/2b) + $1,800 (4b/2b) + $1,600 (store) + $1,500 (corner store) .Excellent Investment property on a corner lot. Two apartments and two stores. Each apartment is extra large with 4 Bedrooms and 2 baths. They passed the city inspection recently. The commercial units are large with good exposures. .New (permitted) Rear stair case .Passed city inspection recently.There are several gated parking spaces in the back. All the units have back doors to access the parking. photos were taken after remodeling the units before occupancy. Easy access to freeway ,not far from Down Town Los Angeles. See the photos pls.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    Heating
    • Gas
    Cooling
    • Other
    Interior area
    • Total interior livable area: 4,950 sqft

    Property

    Parking
    • Total spaces: 8
    Lot
    • Size: 4,608 Square Feet
    Details
    • Parcel number: 5101037014

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1905

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $1,055,370
    • Annual tax amount: $13,298

    Price history

    DateEventPrice
    6/30/2021Sold$975,000+16.1%$197/sqft
    Source: Public Record Report a problem
    5/25/2017Sold$839,500$170/sqft
    Source: Public Record Report a problem
    3/30/2017Price change$839,500-0.7%$170/sqft
    Source: Cyrus Raoufpur #16182052 Report a problem
    3/15/2017Price change$845,000-0.4%$171/sqft
    Source: Cyrus Raoufpur #16182052 Report a problem
    12/23/2016Price change$848,000-0.1%$171/sqft
    Source: Cyrus Raoufpur #16182052 Report a problem
    12/2/2016Price change$849,000-2.4%$172/sqft
    Source: Cyrus Raoufpur #16182052 Report a problem
    11/22/2016Listed for sale$870,000+45.2%$176/sqft
    Source: Cyrus Raoufpur #16182052 Report a problem
    10/14/2014Listing removed$599,000$121/sqft
    Source: Coldwell Banker Residential Brokerage - Sunset Strip #14-767265 Report a problem
    8/15/2014Pending sale$599,000+6%$121/sqft
    Source: Coldwell Banker Residential Brokerage - Sunset Strip #14-767265 Report a problem
    8/13/2014Sold$565,000-5.7%$114/sqft
    Source: Public Record Report a problem
    7/18/2014Listed for sale$599,000$121/sqft
    Source: Coldwell Banker Residential Brokerage - Sunset Strip #14-767265 Report a problem
    6/20/2014Pending sale$599,000$121/sqft
    Source: Coldwell Banker Residential Brokerage - Sunset Strip #14-767265 Report a problem
    6/6/2014Listed for sale$599,000+604.7%$121/sqft
    Source: Coldwell Banker Residential Brokerage - Sunset Strip #14-767265 Report a problem
    6/5/2002Sold$85,000+11.1%$17/sqft
    Source: Public Record Report a problem
    8/14/2001Sold$76,500+6.3%$15/sqft
    Source: Public Record Report a problem
    2/15/2000Sold$72,000+30.9%$15/sqft
    Source: Public Record Report a problem
    12/30/1997Sold$55,000$11/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,298 +1.5%$1,055,370 +2%
    2024$13,106 +1.9%$1,034,677 +2%
    2023$12,859 +4.8%$1,014,390 +2%
    2022$12,274 +9.4%$994,500 +10.5%
    2021$11,224 -0.9%$900,112 +1%
    2020$11,331 $890,883 +2%
    2019$11,331 +5.1%$873,415 +2%
    2018$10,779 $856,290 +46.4%
    2017$10,779 +43.5%$585,087 +2%
    2016$7,514 +3%$573,615 +1.5%
    2015$7,296 $565,000
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,119,600
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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
    $1,119,600