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Backup Offers

5300 Ruthelen St, Los Angeles, CA, 90062

$869,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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5300 Ruthelen St, Los Angeles$869,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage
Garage2 spaces
Year Built1923
MLS #PW24174374
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5300 Ruthelen St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1

Listing Office:

  • Office Name: Realty One Group West
  • Office Phone: (949) 333-9149
  • Listing Agent: Dustin Hall

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: 5300 Ruthelen Street, Los Angeles

Price Information

Listing Price Info

Price Summary:

  • List Price: $869,000

Tax Information:

  • Annual Amount: $2,019
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5300 Ruthelen St vs Los Angeles

91 DAYS ON ROCKET

+53 Days

$869,000

-$154.4K Less

KEY TAKEAWAY

This property is $154.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24174374

Listing Office:

  • Office Name: Realty One Group West
  • Office Phone: (949) 333-9149
  • Listing Agent: Dustin Hall

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: 11/22/2024, 2:20:51 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

Oct 01, 2021Home Sold
$474,000
Sep 30, 2021Home Sold
$445,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,019$144,258
2020$1,965$142,780
2019$1,885$139,982
2018$1,850$137,238
2017$1,850$134,548

History based on county public records data.

Payment Calculator

$4,405

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,672

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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-495197
4
/10
  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.29 miles

  • Public Magnet Grades KG-5

school-card-donut-495198
3
/10
  • Angeles Mesa Elementary

  • 2611 W 52nd St

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-495199
3
/10
  • 59th Street Elementary School

  • 5939 2nd Ave

  • 0.70 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,038. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900625300 Ruthelen St

This home is located at 5300 Ruthelen St in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home, which was built in 1923, sits on a 0.14 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $869,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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