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5622 Raber St, Los Angeles, CA, 90042

$2,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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5622 Raber St, Los Angeles$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned
Year Built1912
HeatingForced Air
CoolingCentral Air
MLS #DW24234287
Lot Size0.15 Acres
StatusActive

About 5622 Raber St

Gorgeously Redesigned 3-Unit Rental Property in Prime Highland Park Location. An incredible investment opportunity awaits with three stunning buildings on one lot in the heart of Highland Park. Offering nearly 3,200 sq ft of combined living space, this property is situated on a quiet street just above York Boulevard, close to Eagle Rock and South Pasadena. Trendy restaurants, shopping, and entertainment are only minutes away, providing the perfect blend of urban convenience and the charm of a private retreat. This unique property features three separate buildings: the front unit offers 3 beds, 3 baths; the middle unit offers 2 beds, 2 baths; and the rear building is a spacious two-story 3 bed, 3 bath, with each bedroom as an en-suite master. Every unit has been beautifully updated with brand-new stainless steel appliances, in-unit washers and dryers, and sleek, modern finishes. With exceptional curb appeal and location, this property is a fantastic opportunity for investors seeking a high-quality asset in one of LA's most desirable neighborhoods. Don’t miss out on this rare Highland Park gem!

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams SELA
  • Office Phone: (818) 357-8680
  • Listing Agent: John Kim

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North of York Blvd. & East of Eagle Rock Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000

Tax Information:

  • Annual Amount: $3,123
  • 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

1542

5622 Raber St vs Los Angeles

1 DAY ON ROCKET

-37 Days

$2,250,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M 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: #DW24234287

Listing Office:

  • Office Name: Keller Williams SELA
  • Office Phone: (818) 357-8680
  • Listing Agent: John Kim

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: 11/15/2024, 6:20:51 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

Dec 30, 1996Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,123$240,688
2020$3,033$238,222
2019$2,944$233,552
2018$2,880$228,974
2017$2,880$224,485

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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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-435789
4
/10

  • Yorkdale Elementary

  • 5657 Meridian St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-435790
6
/10

  • Rockdale Visual & Performing Arts Magnet

  • 1303 Yosemite Dr

  • 0.49 miles

  • Public Magnet Grades KG-6

school-card-donut-435791
4
/10

  • Annandale Elementary School

  • 6125 Poppy Peak Dr

  • 0.54 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,811. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90042›5622 Raber St

This home is located at 5622 Raber St in Los Angeles, CA and zip code 90042 in the Northeast LA neighborhood. This home, which was built in 1912, sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $2,250,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. 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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