$890,000
5428-5430 Meridian Street, Los Angeles CA 90042
Multi-Family
Property type
53 days
On market
$704
Price per sqft
0 cars
Garage
1924
Year built
3,272 sqft
Lot size
Home highlights
Open Houses
Overview
Tucked on a corner lot in one of Northeast LA's most sought-after neighborhoods, this 1924 California bungalow duplex is the kind of find that doesn't come around often, charming from the street, thoughtfully upgraded where it counts, and set up to work for you from day one.The remodeled unit was reimagined in 2022 with a light touch and a sharp eye. An open, airy layout sets...
Listing provided by: Taylor Morphy DRE #01960365 626-376-2086, The Agency
Listing updated: May 22, 2026 at 06:42pm.
Last checked: Jun 3, 2026 at 11:00am
Source: CRMLS #P1-26644
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| — | 1 | 1 | — | $1,382 | $1,382 | $2,000 | Unfurnished |
| — | 1 | 1 | — | $0 | $0 | $2,000 | Unfurnished |
# of Buildings: 1
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 1
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
263.2x
List Price / Annual Gross Rent
Cap Rate
0.33%
NOI / List Price
Gross Scheduled Income: $3,382
Operating Expense: $460
Net Operating Income: $2,922
Annual Operating Expenses
Gardener: $70
Insurance: $260
Trash: $115
Water / Sewer: $85
Interior
Interior Features: Built In Features, Recessed Lighting, All Bedrooms Down
Room Type: Bedroom, Kitchen, Living Room, Office
Cooling: None
Heating: Wall Furnace
Appliances: Freezer, Gas Oven, Microwave, Refrigerator, Water Heater
Fireplace: None
Laundry: Laundry Room
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall
Direction Faces: North
Lot Features: Sprinklers None
Pool: None
Spa: None
Fencing: Wood
Utilities: Electricity Available, Electricity Connected, Sewer Available, Water Available
View: None
Garage and Parking
Parking: Driveway
Garage Spaces: 0
Parking Total: 1
Lot Information
Land Lease: No
Parcel #: 5478024003
Tax Lot: 3
Subdivision: Not Applicable
Community
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 5428-5430 Meridian Street, Los Angeles, CA 90042. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$712,000
Total Interest
$908,117
Total Payment
$1,620,117
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,577
per month
Property History for 5428-5430 Meridian Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90042.
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