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$1,225,000
Listing Price6beds
6baths
3,090sqft
6,205sqft lot
5217 Denker Ave, Los Angeles, CA 90062
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
We are pleased to present a six (6) unit apartment building located at 5217 Denker Avenue in Los Angeles, California. The subject property is located in a solid South Los Angeles location, west of Normandie Avenue and north of Slauson Avenue. This fully turn-key multifamily asset is located in a solid South Los Angeles neighborhood. Offering a strong initial cash flow with an impressive 8.93% cap rate, the property features a streamlined unit mix of all one-bedroom units, each of which has been fully renovated. Significant capital improvements include brand new copper piping, new sewer and gas lines, updated electrical subpanels and wiring, and new wood framing with modern drywall. The gated and secure property also provides four on-site garages, presenting an excellent opportunity for ADU conversion under SB1211. With dominant access to major commercial corridors such as Normandie Ave, Slauson Ave, and Western Ave, as well as proximity to the 110 Freeway and Harvard Park, this asset benefits from strong connectivity and livability. This rare combination of a strong 8.93% cap rate and extensive recent capital improvements makes this a compelling investment opportunity with immediate cash flow and long-term value appreciation.
Interior Details
3090
6
6
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
6205
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$5,156
$223,956
$149,302
--%
$373,258
2019
$5,156
$219,565
$146,375
--%
$365,940
2018
$5,072
$215,260
$143,505
--%
$358,765
2017
$4,931
$211,040
$140,692
--%
$351,732
2016
$4,799
$206,902
$137,934
--%
$344,836
2014
$4,794
$199,803
$133,202
--%
$333,005
2013
$4,778
$198,900
$132,600
--%
$331,500
2012
$4,044
$199,939
$70,564
--%
$270,503
Average Home Price in 90062
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles




