13 days on rocket

Sale Pending

5311 S Van Ness Ave, Los Angeles, CA, 90062

$1,100,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,614 SqFt
$682/SqFt
Multi
Schools Nearby

Location

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5311 S Van Ness Ave, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1925
CoolingCentral Air
FireplaceNone
ViewNone
MLS #IG24078453
Lot Size0.12 Acres
StatusSale Pending
(Pending)

About 5311 S Van Ness Ave

Recently updated 3 bedroom, 2 bath main home with 1 bedroom, 1 bath ADU within a couple minutes of the heart of Downtown LA. Both units upgrades include central air and heating, Tankless water heaters, recessed lighting new roof, newer double pain windows, security gates, and alarm system, stamped concrete and plenty of parking for 5 vehicles. Don't miss out on this great income opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1
  • Living Area: 1,614 SqFt

Listing Office:

  • Office Name: American Inland Realty
  • Office Phone: (951) 735-8488
  • Listing Agent: Valerie Gillett

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Crenshaw Sci, Tech, Engr, Math and Med Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • View Park Preparatory Accelerated Charter Middle School, Public Charter Grades 6-8
  • Studio, Public District Grades 6-8
  • Angeles Mesa 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: Arlington and 54th street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $682/SqFt

Tax Information:

  • Annual Amount: $24,289
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5311 S Van Ness Ave vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$1,100,000

+$113.5K More

$682/SqFt

+$50 More

KEY TAKEAWAY

This property is $113.5K more than the Median Sold Price and $50/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG24078453

Listing Office:

  • Office Name: American Inland Realty
  • Office Phone: (951) 735-8488
  • Listing Agent: Valerie Gillett

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: 5/2/2024, 7:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$24,289$470,771
2020$24,118$465,945
2019$24,035$456,810
2018$23,917$447,854
2017$23,917$439,073

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-4932202
4
/10
  • Angeles Mesa Elementary School

  • 2611 W 52nd St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-4932203
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.45 miles

  • Public Magnet Grades KG-6

school-card-donut-4932204
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.39 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4932205
3
/10
  • View Park Preparatory Accelerated Charter Middle School

  • 5010 11th Ave

  • 0.69 miles

  • Public Charter Grades 6-8

school-card-donut-4932206
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.94 miles

  • Public District Grades 6-8

High School

school-card-donut-4932207
2
/10
  • Crenshaw Sci, Tech, Engr, Math and Med Magnet

  • 5010 11th Ave

  • 0.69 miles

  • Public Magnet Grades 9-12

school-card-donut-4932208
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.75 miles

  • Public Magnet Grades 9-12

school-card-donut-4932209
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.25 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,701. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900625311 S Van Ness Ave

This home is located at 5311 S Van Ness Ave in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This 1,614 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $1,100,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

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

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