Welcome to 5525 Elmer Avenue! Come see this quadruplex that has 2 townhomes and a detached owner's unit! This is an excellent income property located in the heart of NoHo Arts District. THis is the perfect central location for yourself and your future prospective tenants: walking distance to the Metro, parks, shopping, restaurants, and studios. Freeways and other transportation are commuting distance. New developments in the area make this a great property to add to the real estate portfolio, especially if one wants to add ADUs to generate more passive income. This property will not last long!
Property Details
Property Features
Property Information:
Year Built: 1934
Stories: 0
Living Area: 2,987 SqFt
Listing Office:
Office Name: TNT Real Estate and Investments Inc.
Office Phone: (661) 266-2706
Listing Agent: Jean Pierre
Interior Features
Interior Information:
Appliances: Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 7
Exterior Features
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Central Air
School Info
Assigned Schools Information:
East Valley Senior High School, Public District Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Walter Reed Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Lankershim Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: From the 170 North Freeway, exit Burbank Blvd and make a right. Pass Lankershim Blvd and make a right turn on Elmer Avenue. The property will be on the right-hand side.
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Price Per SqFt: $937/SqFt
Tax Information:
Annual Amount: $15,649
Tax Year: 2021
What can I afford?
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 $1.8M more than the Median Sold Price and $309/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: #24368981
Listing Office:
Office Name: TNT Real Estate and Investments Inc.
Office Phone: (661) 266-2706
Listing Agent: Jean Pierre
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: 4/27/2024, 10:25:19 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 16, 2019
Sep 16, 2019Home Sold
$1,280,000
Dec 16, 2011
Dec 16, 2011Home Sold
$550,000
Jan 16, 1991
Jan 16, 1991Home Sold
$240,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,649
$1,293,260
2020
$13,621
$1,280,000
2019
$12,545
$1,122,000
2018
$12,273
$1,020,000
2017
$12,273
$1,000,000
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
4
/10
Lankershim Elementary School
5250 Bakman Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school6.23 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school15.48 miles
Public Magnet Grades 1-5
Middle School
6
/10
Walter Reed Middle School
4525 Irvine Ave
Distance between this listing and this school1.38 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school9.22 miles
Public District Grades 6-8
High School
1
/10
East Valley Senior High School
5525 Vineland Ave
Distance between this listing and this school0.31 miles
Public District Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school7.30 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 school13.17 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Lankershim Elementary School
5250 Bakman Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school6.23 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school15.48 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Walter Reed Middle School
4525 Irvine Ave
Distance between this listing and this school1.38 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school9.22 miles
Public District Grades 6-8
Nearby Schools
5
/10
New Horizons Charter Academy
5955 Lankershim Blvd
Distance between this listing and this school0.67 miles
Public Charter Grades KG-8
Assigned Schools
1
/10
East Valley Senior High School
5525 Vineland Ave
Distance between this listing and this school0.31 miles
Public District Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school7.30 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 school13.17 miles
The neighbors living near this home have an average income of $48,250. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5525 Elmer Ave
What is the listing price of this property?
The listing price of 5525 Elmer Ave property is $2,800,000.
What type of property is this?
The property 5525 Elmer Ave is a house located in North Hollywood, California, 91601.
Is this property for sale now?
Active Listing: 5525 Elmer 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 5525 Elmer Ave are: Lankershim Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Academy For Enriched Sciences: GreatSchools Rating 9/10Walter Reed Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10East Valley Senior High School: GreatSchools Rating 1/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $15,649 (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 16, 2019 for $1,280,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5525 Elmer Ave has 7 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 5525 Elmer Ave is 2,987 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5525 Elmer Ave is 1934.
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This home is located at 5525 Elmer Ave in North Hollywood, CA and zip code 91601 in the North Hollywood neighborhood. This 2,987 square foot home, which was built in 1934, sits on a 0.15 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $2,800,000.
In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.
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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