7 months on rocket

5506 Valley Blvd, Los Angeles, CA, 90032

$1,800,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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5506 Valley Blvd, Los Angeles$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Garage6 spaces
Year Built1952
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #WS24090466
Lot Size0.23 Acres
StatusActive

About 5506 Valley Blvd

7 Units Aparment building ~ Center courtyard with a garden ~ Recent upgrades with a new roof and completed Los Angeles soft-story seismic retrofit in 2021 ~ The mix of unit sizes, with six 1-bedroom, 1-bath units on the first floor and a large 3-bedroom, 1.5-bath unit on the second floor ~ Assigned parking with six garages and one additional space ~ Located in a quiet, safe neighborhood ~ Easy access to the 710 freeway and multiple alternative routes to reach downtown Los Angeles.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 2

Listing Office:

  • Office Name: Pros Group Inc
  • Office Phone: (626) 841-1688
  • Listing Agent: XIAOXI SHANG

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: West of 710 Freeway

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $11,475
  • 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

5506 Valley Blvd vs Los Angeles

224 DAYS ON ROCKET

+186 Days

$1,800,000

+$778.4K More

KEY TAKEAWAY

This property is $778.4K more 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: #WS24090466

Listing Office:

  • Office Name: Pros Group Inc
  • Office Phone: (626) 841-1688
  • Listing Agent: XIAOXI SHANG

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, 8:20:59 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

Feb 14, 2013Home Sold
$755,000
Sep 07, 2001Home Sold
$94,500
Jun 06, 2000Home Sold
$289,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,475$860,355
2020$11,162$850,113
2019$10,938$833,445
2018$10,673$817,103
2017$10,673$801,082

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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-4450623
4
/10

  • Sierra Park Elementary

  • 3170 Budau Ave

  • 0.68 miles

  • Public District Grades PK-6

school-card-donut-4450624
5
/10

  • Farmdale Elementary School

  • 2660 Ruth Swiggett Dr

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-4450625
2
/10

  • Cesar Chavez Elementary School

  • 5243 Oakland St

  • 1.08 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,313. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5506 Valley Blvd

What is the listing price of this property?

The listing price of 5506 Valley Blvd property is $1,800,000.

What type of property is this?

The property 5506 Valley Blvd is a condo located in Los Angeles, California, 90032.

Is this property for sale now?

Active Listing: 5506 Valley Blvd 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 $11,475 (source: MLS/based on county public records data).

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

The last sale was on February 14, 2013 for $755,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 5506 Valley Blvd is 1952.

Rocket Homes›California›Los Angeles County›Los Angeles›90032›5506 Valley Blvd

This home is located at 5506 Valley Blvd in Los Angeles, CA and zip code 90032 in the The Eastside neighborhood. This home, which was built in 1952, sits on a 0.23 acre lot. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $1,800,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. The median list price of listings available in November 2024 was $1,021,532, 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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