Excellent opportunity to purchase an apartment building in the heart of Highland Park just off of York Boulevard; the property is eight (8) units with an excellent unit mix: (1) 3+3, (1) 3+2, (1) 2+2, and (5) 1+1; significant upside in rents; the units are separately metered for electricity and gas; two (2) central hot water heaters; laundry machines are owned; six (6) garages.
Sold for $1,575,000
Listed by: Stevenson Real Estate Services • David Stevenson • Contact: 818-956-7001
Bought with: Division One Investment & Loan
$1,575,000
5600 Buchanan St, Los Angeles, CA 90042
13beds
12baths
5,338sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$295/sqft
$3,013 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,013/mo
Zestimate® history
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List your homeWhat's special
Heart of highland parkLaundry machinesCentral hot water heaters
Zillow last checked:
Listing updated:
Listed by:
David Stevenson DRE #01228475 818-634-3281,
Stevenson Real Estate Services
Bought with:
Rosa Garcia, DRE #01373253
Division One Investment & Loan
Source: CRMLS,MLS#: GD23221470
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 12
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,338
- Total interior livable area: 5,338 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 0.26 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5478028010
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $1,606,500
- Annual tax amount: $20,404
- Date on market: 12/5/2023
- Cumulative days on market: 64 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2024 | Sold | $1,575,000-1.6%$295/sqft |
Source:  CRMLS #GD23221470 Report a problem | ||
| 2/12/2024 | Contingent | $1,600,000$300/sqft |
Source: CRMLS #GD23221470 Report a problem | ||
| 2/1/2024 | Price change | $1,600,000-22%$300/sqft |
Source: CRMLS #GD23221470 Report a problem | ||
| 12/6/2023 | Listed for sale | $2,050,000$384/sqft |
Source: CRMLS #GD23221470 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,404 +554% | $1,606,500 +920.3% |
| 2024 | $3,120 +1.2% | $157,451 +2% |
| 2023 | $3,083 +3.3% | $154,371 +2% |
| 2022 | $2,985 +2.1% | $151,352 +2% |
| 2021 | $2,925 -0.4% | $148,392 +1% |
| 2020 | $2,937 | $146,874 +2% |
| 2019 | $2,937 +6.9% | $144,002 +2% |
| 2018 | $2,748 | $141,186 +2.2% |
| 2017 | $2,748 +3.2% | $138,105 +2% |
| 2016 | $2,662 +4.5% | $135,398 +1.5% |
| 2015 | $2,548 -1.6% | $133,365 +2% |
| 2014 | $2,589 | $130,754 +4.5% |
| 2011 | -- | $125,111 +0.8% |
| 2010 | -- | $124,176 -0.2% |
| 2009 | -- | $124,472 +4% |
| 2007 | -- | $119,640 +2% |
| 2005 | -- | $117,296 +6% |
| 2003 | -- | $110,678 +2% |
| 2002 | -- | $108,509 +4% |
| 2000 | -- | $104,297 |
Find assessor info on the county website
Neighborhood: Highland Park
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Nearby schools
GreatSchools rating
- 3/10Yorkdale Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Benjamin Franklin Senior High SchoolGrades: 6-12Distance: 0.2 mi
- 7/10Luther Burbank Middle SchoolGrades: 6-8Distance: 0.8 mi
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- California
- Los Angeles County
- Los Angeles
- 90042
- Highland Park
- 5600 Buchanan St
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