$4,849,000 is the combined price for BOTH properties. We are pleased to offer for sale incredible multifamily assets located at 5314 and 5322 Loma Linda Avenue in the beautiful enclave of Los Feliz. Originally built in 1939 and 1940, the side by side French Normandy properties exemplify the character and charm of 1930's and early 1940's LA. The properties, each with their own APN, consist of very large 1, 2 and 3 bedroom units each offering a terrific spacious floor plan flooded with natural light. Beautifully set around a meticulously landscaped central courtyard, the buildings offer the astute investor with a quintessential value-add opportunity. Apartments feature beautiful hardwood floors, crown moldings, vintage tile work, and outdoor patio space (select units). As current rents hover around $2.31/SF, there is significant rental upside through a comprehensive renovation program as units turn. Additionally, there is ample on-site parking with no soft story retrofit required (Buyer to verify).5314 and 5322 Loma Linda Avenue are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles. MUST BE PURCHASED WITH ADJACENT PROPERTY LOCATED AT 5314 LOMA LINDA AVE (4 UNITS).
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 2
Living Area: 12,104 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
Interior Features
Interior Information:
Flooring Type: Wood
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 17
Exterior Features
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.49 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
School Info
Assigned Schools Information:
Hollywood Senior High School, 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
Joseph Le Conte Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Grant Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: South of Hollywood Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $4,849,000
Price Per SqFt: $401/SqFt
Tax Information:
Annual Amount: $30,942
Tax Year: 2021
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Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $3.8M more than the Median Sold Price and $231/SqFt less 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: #24364577
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Jonathan Taksa
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, 12:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 11, 2018
Sep 11, 2018Home Sold
$4,490,000
Jul 16, 2009
Jul 16, 2009Home Sold
$1,150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$30,942
$2,525,033
2020
$30,042
$2,499,000
2019
$12,042
$2,450,000
2018
$11,752
$913,234
2017
$11,752
$895,328
History based on county public records data.
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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
6
/10
Grant Elementary School
1530 N Wilton Pl
Distance between this listing and this school0.44 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.59 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.28 miles
Public Magnet Grades 1-5
Middle School
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.97 miles
Public District Grades 6-8
High School
5
/10
Hollywood Senior High School
1521 N Highland Ave
Distance between this listing and this school1.97 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.01 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school12.77 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Grant Elementary School
1530 N Wilton Pl
Distance between this listing and this school0.44 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.59 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.28 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school0.83 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.97 miles
Public District Grades 6-8
Nearby Schools
6
/10
Citizens of The World 2
5616 Carlton Way
Distance between this listing and this school0.39 miles
Public Charter Grades KG-7
Assigned Schools
5
/10
Hollywood Senior High School
1521 N Highland Ave
Distance between this listing and this school1.97 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.01 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school12.77 miles
The neighbors living near this home have an average income of $21,816. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5322 Loma Linda Ave
What is the listing price of this property?
The listing price of 5322 Loma Linda Ave property is $4,849,000.
What type of property is this?
The property 5322 Loma Linda Ave is a house located in Los Angeles, California, 90027.
Is this property for sale now?
Active Listing: 5322 Loma Linda Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5322 Loma Linda Ave are: Grant Elementary School: GreatSchools Rating 6/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Joseph Le Conte Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Hollywood Senior High School: GreatSchools Rating 5/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $30,942 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 11, 2018 for $4,490,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5322 Loma Linda Ave has 17 bedrooms and 13 bathrooms.
What is the square footage of this property?
The property 5322 Loma Linda Ave is 12,104 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5322 Loma Linda Ave is 1940.
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This home is located at 5322 Loma Linda Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This 12,104 square foot home, which was built in 1940, sits on a 0.49 acre lot. Features: 17 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $4,849,000.
In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.
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. 
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