1 month on rocket

5116 Towne Ave, Los Angeles, CA, 90011

$650,000

Home List Price

$7,719*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5116 Towne Ave, Los Angeles$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1929
HeatingWall Furnace
FireplaceKitchen, Living Room
MLS #DW24034381
Lot Size0.10 Acres
StatusActive

About 5116 Towne Ave

Great investment opportunity! 2 houses on a lot. Both are 2 bed/1 bath. Private backyard and parking area. Separate meters. Back unit has more yard space. Only a couple blocks from South Park and Dr Maya Angelou High School.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 1

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate
  • Office Phone: (562) 544-0793
  • Listing Agent: Anthony Amodeo

Interior Features

Interior Information:

  • Fireplace: Kitchen, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Los Angeles Academy Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Main Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Left on Avalon left on Towne

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000

Tax Information:

  • Annual Amount: $3,955
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

5116 Towne Ave vs Los Angeles

58 DAYS ON ROCKET

+24 Days

$650,000

-$325.9K Less

KEY TAKEAWAY

This property is $325.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24034381

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate
  • Office Phone: (562) 544-0793
  • Listing Agent: Anthony Amodeo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 15, 2010Home Sold
$134,000
May 04, 2004Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,955$312,549
2020$3,839$309,345
2019$3,780$303,280
2018$3,698$297,334
2017$3,698$291,505

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2386310
2
/10

  • Main Street Elementary School

  • 129 E 53rd St

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-2386311
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.57 miles

  • Public Magnet Grades KG-6

school-card-donut-2386312
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.52 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2386313
3
/10

  • Los Angeles Academy Middle School

  • 644 E 56th St

  • 0.38 miles

  • Public District Grades 6-8

school-card-donut-2386314
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.70 miles

  • Public District Grades 6-8

High School

school-card-donut-2386315
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 4.26 miles

  • Public Magnet Grades 9-12

school-card-donut-2386316
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 19.04 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,964. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90011›5116 Towne Ave

This home is located at 5116 Towne Ave in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1929, sits on a 0.10 acre lot. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $650,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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