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5405 Fernwood Ave, Los Angeles, CA, 90027

$7,700,000

36 Bedrooms
28 Baths
24,054 SqFt
$320/SqFt
House

Location

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Property Highlights

Home TypeOther
Year Built1939
MLS #24456959
Lot Size0.80 Acres
StatusActive

About 5405 Fernwood Ave

5405-5419 Fernwood Ave is a 28-unit apartment complex in Los Angeles, CA. The property provides a unit mix of one-bedroom and two-bedroom apartments. The garden-style layout offer a spacious, secure entrance, tiled common areas, and designated carport parking. All units are individually metered for gas and electric. There is also an on-site laundry facility and a community barbeque area for tenants to enjoy. Situated near the Hollywood Strip, tenants of the building benefit from the ample entertainment and eateries in the surrounding area.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 0
  • Living Area: 24,054 SqFt

Listing Office:

  • Office Name: Matthews Real Estate Investment Services
  • Office Phone: (866) 889-0550
  • Listing Agent: Daniel Withers

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 36

Lot Features

Lot Information:

  • Lot Size: 0.80 Acres

Other

Directions Information:

  • Directions: West of Serano Ave; East of Western Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,700,000
  • Price Per SqFt: $320/SqFt

Tax Information:

  • Annual Amount: $35,569
  • 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

1346

5405 Fernwood Ave vs Los Angeles

58 DAYS ON ROCKET

+20 Days

$7,700,000

+$6.6M More

$320/SqFt

-$320 Less

KEY TAKEAWAY

This property is $6.6M more than the Median Sold Price and $320/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: #24456959

Listing Office:

  • Office Name: Matthews Real Estate Investment Services
  • Office Phone: (866) 889-0550
  • Listing Agent: Daniel Withers

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: 12/23/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$35,569$2,725,792
2020$34,574$2,691,657
2019$33,952$2,638,880
2018$33,212$2,587,138
2017$33,212$2,536,410

History based on county public records data.

Payment Calculator

$38.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.1K

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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-1140573
5
/10
  • Kingsley Elementary School

  • 5200 Virginia Ave

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-1140574
5
/10
  • Grant Elementary School

  • 1530 N Wilton Pl

  • 0.42 miles

  • Public District Grades KG-6

school-card-donut-1140575
3
/10
  • Ramona Elementary

  • 1133 N Mariposa Ave

  • 0.54 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,259. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5405 Fernwood Ave

What is the listing price of this property?

The listing price of 5405 Fernwood Ave property is $7,700,000.

What type of property is this?

The property 5405 Fernwood Ave is a house located in Los Angeles, California, 90027.

Is this property for sale now?

Active Listing: 5405 Fernwood Ave 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 $35,569 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5405 Fernwood Ave has 36 bedrooms and 28 bathrooms.

What is the square footage of this property?

The property 5405 Fernwood Ave is 24,054 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5405 Fernwood Ave is 1939.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900275405 Fernwood Ave

This home is located at 5405 Fernwood Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This 24,054 square foot home, which was built in 1939, sits on a 0.80 acre lot. Features: 36 bedrooms, 28 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $7,700,000.

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%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

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

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