2 months on rocket

5040 Cavanagh Rd, Los Angeles, CA, 90032

$539,000

Home List Price

$6,401*

Closing Credit

2 Bedrooms
1 Full Bath
624 SqFt
$864/SqFt
House

Location

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5040 Cavanagh Rd, Los Angeles$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1927
HeatingWall Furnace
CoolingNone
BasementYes
FireplaceNone
ViewCity Lights, Hills, Neighborhood
MLS #OC24200744
Lot Size0.11 Acres
StatusActive

About 5040 Cavanagh Rd

Discover an exceptional opportunity in the highly desirable neighborhood of University Hills in East Los Angeles. This fixer-upper sits on a generous 4,813 sq ft multi-level lot, providing the perfect canvas to bring your dream home to life. With an 861 sq ft interior featuring 3 bedrooms and 1 bathroom, this property offers plenty of potential for expansion and customization. The front and back yards, dotted with mature fruit trees and boasting picturesque city and hillside views, create an inviting space for outdoor entertaining and relaxation. Imagine the possibilities of transforming this hidden gem into your ideal living space! Located in a prime location, this property offers convenient access to Cal State Los Angeles, Pasadena, Downtown LA, trendy local eateries, shopping, and major Southern California freeways. Seize this rare opportunity to invest in a property brimming with promise, in one of LA’s most up-and-coming neighborhoods. Sale is subject to CA Civil Code 2924m/o.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1
  • Living Area: 624 SqFt

Listing Office:

  • Office Name: Engel & Voelkers Newport Beach
  • Office Phone: (562) 506-4794
  • Listing Agent: Amy Hlad

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Tile
  • Interior: All Bedrooms Down, Bedroom on Main Level, Galley Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Hills, Neighborhood

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Trees
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Valley Blvd to Cavanagh Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000
  • Price Per SqFt: $864/SqFt

Tax Information:

  • Annual Amount: $2,237
  • 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

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5040 Cavanagh Rd vs Los Angeles

79 DAYS ON ROCKET

+41 Days

$539,000

-$482.5K Less

$864/SqFt

+$224 More

KEY TAKEAWAY

This property is $482.5K less than the Median Sold Price and $224/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: #OC24200744

Listing Office:

  • Office Name: Engel & Voelkers Newport Beach
  • Office Phone: (562) 506-4794
  • Listing Agent: Amy Hlad

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: 12/18/2024, 1:20:58 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

Jan 23, 2001Home Sold
$129,000
May 26, 2000Home Sold
$76,759
Oct 22, 1998Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,237$179,560
2020$2,170$177,719
2019$2,121$174,236
2018$2,073$170,820
2017$2,073$167,472

History based on county public records data.

Payment Calculator

$2,758

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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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.

Nearby Schools

school-card-donut-4558439
5
/10

  • Farmdale Elementary School

  • 2660 Ruth Swiggett Dr

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-4558440
7
/10

  • City Terrace Elementary School

  • 4350 City Terrace Dr

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-4558441
4
/10

  • Sierra Park Elementary

  • 3170 Budau Ave

  • 0.97 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,905. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5040 Cavanagh Rd

What is the listing price of this property?

The listing price of 5040 Cavanagh Rd property is $539,000.

What type of property is this?

The property 5040 Cavanagh Rd is a house located in Los Angeles, California, 90032.

Is this property for sale now?

Active Listing: 5040 Cavanagh Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,237 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 23, 2001 for $129,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5040 Cavanagh Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5040 Cavanagh Rd is 624 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5040 Cavanagh Rd is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90032›5040 Cavanagh Rd

This home is located at 5040 Cavanagh Rd in Los Angeles, CA and zip code 90032 in the The Eastside neighborhood. This 624 square foot home, which was built in 1927, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $539,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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