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Sold for $1,200,000
  • Listed by: Partner Real Estate • EDWARD KOSASIH • Contact: 626-789-0159
    Bought with: Manna Realty
    $1,200,000

    5838 Allston St, Los Angeles, CA 90022

    6beds
    4baths
    3,032sqft
    Quadruplex
    Built in 1955
    -- sqft lot
    $1,208,400 Zestimate®
    $396/sqft
    $2,735 Estimated rent

    Home value

    $1,208,400

    $1.10M - $1.33M

    $2,735/mo

    Zestimate® history
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    What's special

    We are pleased to present a Remarkable 4-Unit Multi-family Asset located in a highly Desirable Investment Area of East Los Angeles. Nestled near the renowned Citadel Outlets Shopping Center and just a few blocks away from the city of Montebello, this is a Great Investment and 1031 Exchange Opportunity that you don't want to miss! This Amazing 4 Units Quadruplex consists of: 2x (2 beds & 1 bath) and 2x (1 bed & 1 bath). The property also includes a private Laundry room, separate Meters, and a Detached 4-Car Garage. Spanning over 5,500sf Corner Lot, this investment opportunity provides ample space for tenants to enjoy onsite open and private yard areas. Each well-kept unit features a spacious living room area, an equipped kitchen, and generously sized bedrooms. Given the longevity of ownership and great long tenants, the future investor can have a significant potential to achieve over 70% Upside in Rental Income. With its combination of Desirable Layout, Prime Location, and Value-Add potential, this asset is poised to deliver exceptional returns to its new owner. This won't last! One of the Unit will be VACANT!!

    Zillow last checked:

    Listing updated:

    Listed by:

    EDWARD KOSASIH DRE #02011761 626-474-3288,

    Partner Real Estate

    Bought with:

    Shawna Alcala Antonio, DRE #01947602

    Manna Realty

    Source: CRMLS,MLS#: WS24164222MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,032
    • Total interior livable area: 3,032 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground level with steps
    • Pool features: None
    Lot
    • Size: 5,653 Square Feet
    • Features: Corner Lot, Walkstreet, Yard
    Details
    • Parcel number: 6339006006
    • Zoning: LCR3YY
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $396/sqft
    • Tax assessed value: $850,000
    • Annual tax amount: $12,377
    • Date on market: 8/8/2024
    • Cumulative days on market: 104 days
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    3/20/2026Sold$1,200,000+41.2%$396/sqft
    Source: Public Record Report a problem
    12/31/2024Sold$850,000-8.1%$280/sqft
    Source: CRMLS #WS24164222 Report a problem
    12/3/2024Contingent$925,000$305/sqft
    Source: CRMLS #WS24164222 Report a problem
    8/28/2024Listed for sale$925,000$305/sqft
    Source: CRMLS #WS24164222 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,377 -8.8%$850,000 -12.5%
    2024$13,572 +329.4%$971,040 +928.3%
    2023$3,160 +2%$94,430 +2%
    2022$3,100 +2.4%$92,580 +2%
    2021$3,027 +0.5%$90,766 +1%
    2020$3,013 $89,836 +2%
    2019$3,013 +3.5%$88,076 +2%
    2018$2,911 $86,350 +2%
    2017$2,911 +1.4%$84,658 +2%
    2016$2,871 +2.8%$82,999 +1.5%
    2015$2,794 +4.8%$81,754 +2%
    2014$2,666 $80,153 +2.5%
    2012-- $78,228 +2%
    2011-- $76,695 +0.8%
    2010-- $76,123 -0.2%
    2009-- $76,305 +2%
    2008-- $74,810 +2%
    2007-- $73,344 +2%
    2006-- $71,907
    2005-- $71,907 +4%
    2004-- $69,117 +1.9%
    2003-- $67,852 +2%
    2002-- $66,522 +4%
    2000-- $63,940
    Find assessor info on the county website

    Neighborhood: 90022

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,208,400
    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
    $1,208,400