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5534 Geer Avenue
Los Angeles, CA 90016
Sold
We are pleased to exclusively offer for sale this sleek Duplex located in the lively West Adams neighborhood of Los Angeles. This 4,798 SF Tier 3 TOC Lot runs adjacent to Culver City and is strategically positioned near Amazon Studios, HBO Headquarters, and the La Cienega/Jefferson & Expo/La Brea Transit Stations. The building features a Fully Remodeled Owner’s Unit in the back that will be delivered VACANT. This beautifully designed unit boasts a well-lit and open floor plan, new stainless steel appliances and HVAC system, tasteful finishes and fixtures in both the kitchen and bathroom, and new hardwood/tile flooring throughout. This 793 SF, 1 Bed/1 Bath structure is accompanied by an attached ~160 SF addition (with all the same finishes) that can double as an Office or a 2nd Bdrm. Further, this Back Unit is served by a gated perimeter that provides its occupant w/ a privately secluded, outdoor oasis that is lush with ample outdoor living space, a hip lounge/fireplace area, and gorgeous greenery throughout. In the front half of the lot, there is a detached, 1 Bed/1 Bath Unit that’s been recently renovated and features an open floor plan, laminate flooring, and a large kitchen w/ a breakfast bar and abundant cabinet space. In addition, the tenants have access to a 2-Car Carport and (6) Total Parking Spaces on site, which is especially significant in this parking impacted submarket. Also, there are (2) detached, ~80 SF Storage Units that can most certainly be leveraged for additional income. All in all, the building’s close proximity to USC, DTLA, etc provides much optimism for continued rent growth and appreciation within the submarket in both the near and distant future, especially as it falls in an “Opportunity Zone”.
PROPERTY INFORMATION
| MLS # | SB23030132 | Lot Size | 4,798 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 1,025,000
Price Per SqFt: $ 770 |
DOM | 830 Days |
| Address | 5534 Geer Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,332 Sq. Ft. |
| Postal Code | 90016 | Garage | N/A |
| County | Los Angeles | Year Built | 1966 |
| Bed / Bath | 3 / 0 | Parking | 4 |
| Built In | 1966 | Status | Closed |
| Sold Date | 2023-05-02 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Gas Dryer Hookup, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Freezer, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Entry, Kitchen, Living Room, Office, Walk-In Closet |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Wood |
| InteriorFeatures Information | Beamed Ceilings, Storage |
| DoorFeatures | Double Door Entry |
| Has Spa | Yes |
| SpaDescription | Above Ground |
| WindowFeatures | Screens |
| SecuritySafety | Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector(s) |
EXTERIOR FEATURES
| ExteriorFeatures | Lighting, Rain Gutters |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,093
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/01/2023 | Pending | $1,025,000 |
| 03/30/2023 | Active Under Contract | $1,025,000 |
| 03/09/2023 | Price Change | $1,025,000 (-6.82%) |
| 02/23/2023 | Listed | $1,100,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Keaton Quaack, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
