1 month on rocket

Sale Pending

5707 7th Ave, Los Angeles, CA, 90043

$699,000

Home List Price

$8,301*

Closing Credit

3 Bedrooms
1 Full Bath
1,324 SqFt
$528/SqFt
House
Schools Nearby

Location

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5707 7th Ave, Los Angeles$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1920
HeatingCentral
CoolingCentral Air
BasementYes
FireplaceNone
ViewNeighborhood
MLS #RS24058964
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 5707 7th Ave

Welcome to 5707 7th Ave, your gateway to opportunity nestled in the heart of South West Los Angeles! This property presents an exceptional chance for both investors and first-time homebuyers to own a piece of prime real estate. This charming home features 3 bedrooms and 1 bathroom spread across 1,324 square feet of living space, providing ample room for comfortable living. Situated on an expansive 6,078 square foot lot, the potential for expansion and customization is limitless. The property offers the perfect canvas to enhance the existing home or explore the possibilities of adding an ADU (Accessory Dwelling Unit) or a second unit in the expansive backyard. This home features solar panels, an upgraded electrical panel, central AC and Heating, extra long driveway, and potential to expand a basement. Located in a desirable neighborhood of West Los Angeles just south of Inglewood, residents will enjoy easy access to local amenities, schools, parks, and entertainment options, providing the quintessential California lifestyle. Seize the opportunity to transform this property into your own oasis or capitalize on its investment potential.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,324 SqFt

Listing Office:

  • Office Name: Excellence RE Real Estate
  • Office Phone: (562) 416-9134
  • Listing Agent: Kyle Ribas

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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: Major Cross Streets are Slauson Ave & Crenshaw Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000
  • Price Per SqFt: $528/SqFt

Tax Information:

  • Annual Amount: $4,652
  • 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

5707 7th Ave vs Los Angeles

32 DAYS ON ROCKET

-2 Days

$699,000

-$276.9K Less

$528/SqFt

-$100 Less

KEY TAKEAWAY

This property is $276.9K less than the Median Sold Price and $100/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: #RS24058964

Listing Office:

  • Office Name: Excellence RE Real Estate
  • Office Phone: (562) 416-9134
  • Listing Agent: Kyle Ribas

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, 4:25:19 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

Sep 21, 2017Home Sold
$355,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,652$373,167
2020$4,516$369,341
2019$4,452$362,100
2018$628$355,000
2017$628$42,317

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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-2403130
4
/10

  • Angeles Mesa Elementary School

  • 2611 W 52nd St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-2403131
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.58 miles

  • Public Magnet Grades KG-6

school-card-donut-2403132
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.21 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2403133
3
/10

  • View Park Preparatory Accelerated Charter Middle School

  • 5010 11th Ave

  • 0.51 miles

  • Public Charter Grades 6-8

school-card-donut-2403134
4
/10

  • Studio

  • 2211 W Avenue 30

  • 9.36 miles

  • Public District Grades 6-8

High School

school-card-donut-2403135
2
/10

  • Crenshaw Sci, Tech, Engr, Math and Med Magnet

  • 5010 11th Ave

  • 0.51 miles

  • Public Magnet Grades 9-12

school-card-donut-2403136
8
/10

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

  • 456 S Mathews St

  • 7.24 miles

  • Public Magnet Grades 9-12

school-card-donut-2403137
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.17 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 $44,450. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5707 7th Ave

What is the listing price of this property?

The listing price of 5707 7th Ave property is $699,000.

What type of property is this?

The property 5707 7th Ave is a house located in Los Angeles, California, 90043.

Is this property for sale now?

Sale Pending: 5707 7th Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5707 7th Ave are:
Angeles Mesa Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
View Park Preparatory Accelerated Charter Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Crenshaw Sci, Tech, Engr, Math and Med Magnet: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel 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 $4,652 (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 21, 2017 for $355,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5707 7th Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5707 7th Ave is 1,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5707 7th Ave is 1920.

Rocket Homes›California›Los Angeles County›Los Angeles›90043›5707 7th Ave

This home is located at 5707 7th Ave in Los Angeles, CA and zip code 90043 in the South LA neighborhood. This 1,324 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $699,000.

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. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

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

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