Los Angeles, CA 90062,5300 Ruthelen ST
$820,000
$869,000
5.6%
Est.Price: ?

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6,033 Sqft Lot

5300 Ruthelen ST Los Angeles, CA 90062

Est. payment /mo
SOLD DATE : 12/23/2024

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Key Details

Sold Price $820,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24174374

Sold Date 12/23/24

HOA Y/N No

Year Built 1923

Lot Size 6,033 Sqft

Property Description

Charming single-level duplex, situated on a quiet palm tree-lined street in the heart of Los Angeles. One unit is vacant and the other unit is occupied collecting $2,500 per month in rent. This property is turnkey and ready for investors to collect top rents or for owner-occupants desiring additional rental income. Both units have been completely remodeled, including all new PEX piping throughout, brand new roof, 2 tankless water heaters, and stainless appliances that are all included with the sale. Huge grassy backyard gives a single-family home feel. These bright and airy units are the exact same floorplan, each offering 2 bedrooms and 2 bathrooms, and each have a designated detached garage space and additional uncovered parking. The garage, accessible via the alley on W 52nd St., has been upgraded with new plywood and electrical work. Recent renovations include new drywall, insulation, flooring, stylish kitchens with stainless steel appliances, double-pane windows, updated electrical systems, remodeled bathrooms, wall heaters, tankless water heaters, plumbing, and a new roof. Each unit also comes equipped with included washer/dryer, a pantry, and extra storage spaces. Close to SoFi stadium, USC, and museums. Investors don't miss this fantastic opportunity.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR1

Interior

Fireplace No

Laundry Inside, Stacked

Exterior

Parking Features Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5005021020

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Dustin Hall • Realty One Group West • 949-333-9149
Bought with Martin Pacheco • Real Broker

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agent

Valencia Marlowe

Agent | License ID: 01498425

+1(310) 780-0461

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