5801 Packard Street
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 7,239 sqft lot
- 1963 build
- – on site
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We are pleased to present 5801 Packard St , an 8 unit multifamily property located in the heart of Los Angeles. The property boasts large units (on Avg 1037 SqFt) with 4/8 units extensively renovated. Renovation include in suite washer and dryers, fully redone kitchens and bathrooms, and all new flooring. Current ownership has redone the entirety of the exterior which includes a new roof, new railings and decks, new windows, fresh and modern exterior paint, and landscaping. A new owner can benefit from a turnkey asset with roughly 35% in upside . New ownership can capture immediate upside by passing on the legal allocated cost for new roofs, new windows, new railings and decks, new paint, and the seismic retrofit as a 'pass through' to the tenants. In addition tenant relocation strategies and legal rent increase notices are possible opportunities for new ownership. Buyer to verify **
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Last updated Jul 30, 2023
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MLS# 22170551 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/25/22
Aug 25, 2022
|
Sold | CRMLS_CA | $3,265,000 | -2.2% |
|
8/8/22
Aug 8, 2022
|
Pending | CRMLS_CA | $3,340,000 | |
|
7/18/22
Jul 18, 2022
|
Price Changed | CRMLS_CA | $3,340,000 | -6.9% |