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1027 W 58th St, Los Angeles, CA 90037
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1027 W 58th St Los Angeles, CA 90037

$747,000 Sold Price as of 09/29/2020
  • 6 Beds
  • 3 Baths
  • 2,372 Sq.Ft.
Sold
$747,000 Sold Price as of 09/29/2020 Refinance Your Mortgage
Map preview of 1027 W 58th St, Los Angeles, CA 90037

Property Overview: 1027 W 58th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,372 living square feet and 4,565 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE REDUCTION FOR QUICK SALE! This is a nice 3 unit property located near USC and Exposition Park in Los Angeles offering an investor and/or owner-occupier to acquire a steady investment in a strong rental market. This Spanish style property is comprised of two side by side units, consisting of (1) 2 bed/1 bath and (1) 1 bed/1bath units in the front, with a separate 3 bed/1 bath remodeled unit in the rear above the garaged. The building was originally built in 1921 with a total size of 2,372 SF, sitting on 4,565 SF lot with (4) car garages. Prime Location near Leimert Park, USC, Exposition Park, Inglewood Football Stadium, LAX, 110 Freeway, and Restaurants & Shops.

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
4,565
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Triplex
Status
Sold
MLS#
OC20059462
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $14,388
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $14,388
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: 13.4
  • Gross Scheduled Income: $57,600
  • Net Operating Income: $40,210
  • Gross Operating Income: --
  • Garage Rental Rate: $100
Annual Expense Breakdown
  • Total Operating Expense: $18,873
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1027 W 58th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Kitchen, Living Room
Interior Features
  • Ceiling Fan(s), Laminate Counters, Open Floorplan, Recessed Lighting, Tile Counters
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Flat
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Below
  • Total # of Units: 3
  • Parcel Number: 5002018016
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Off 110 Freeway exit Slauson head west near Vermont
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1027 W 58th St

Last sold on October 1st, 2020

  • October, 2020

  • Oct 3, 2020

    Date

    Sold

    CRMLS: OC20059462

    $747,000

    Price

  • Aug 27, 2020

    Date

    Pending

    CRMLS: OC20059462

    $769,000

    Price

  • Aug 25, 2020

    Date

    Active

    CRMLS: OC20059462

    $769,000

    Price

  • Aug 13, 2020

    Date

    Expired

    CRMLS: OC20059462

    $769,000

    Price

  • Aug 13, 2020

    Date

    Active

    CRMLS: OC20059462

    $769,000

    Price

  • Jul 21, 2020

    Date

    Pending

    CRMLS: OC20059462

    $769,000

    Price

  • Jul 9, 2020

    Date

    Price Change

    CRMLS: OC20059462

    $769,000

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: OC20059462

    $799,000

    Price

  • May 16, 2020

    Date

    Price Change

    CRMLS: OC20059462

    $799,000

    Price

  • Mar 28, 2020

    Date

    Hold

    CRMLS: OC20059462

    $825,000

    Price

  • Mar 19, 2020

    Date

    Active

    CRMLS: OC20059462

    $825,000

    Price

  • October, 2020

  • Oct 1, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2020

  • Sep 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $747,000

    Price

  • February, 2020

  • Feb 26, 2020

    Date

    Sold

    CRMLS: OC20009851

    $650,000

    Price

  • Jan 31, 2020

    Date

    Pending

    CRMLS: OC20009851

    $629,000

    Price

  • Jan 28, 2020

    Date

    Active Under Contract

    CRMLS: OC20009851

    $629,000

    Price

  • Jan 15, 2020

    Date

    Active

    CRMLS: OC20009851

    $629,000

    Price

  • Listing provided courtesy of CRMLS

    This is a nice 3 unit property located near USC and Exposition Park in Los Angeles offering an investor and/or owner-occupier to acquire a steady investment in a strong rental market. This Spanish style property is comprised of two side by side units, consisting of (1) 2 bed/1 bath and (1) 1 bed/1bath units in the front, with a separate 3 bed/1 bath remodeled unit in the rear above the garaged. The building was originally built in 1921 with a total size of 2,372 SF, sitting on 4,565 SF lot. There are (4) car garages. One unit (3 bed/1 bath) is remodeled and to be delivered vacant at close of escrow. Prime Location near Leimert Park, USC, Exposition Park, Inglewood Football Stadium, LAX, 110 Freeway, and Restaurants & Shops. Call Agent about other tenants and current rents.

  • June, 2019

  • Jun 18, 2019

    Date

    Canceled

    CRMLS: V0-219005498

    $560,000

    Price

  • May 19, 2019

    Date

    Price Change

    CRMLS: V0-219005498

    $560,000

    Price

  • May 8, 2019

    Date

    Pending

    CRMLS: V0-219005498

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    3 Units 1-1 each, short sale subject to lender approval.

  • April, 2019

  • Apr 26, 2019

    Date

    Canceled

    CRMLS: CV18193016

    $440,000

    Price

  • Jan 17, 2019

    Date

    Withdrawn

    CRMLS: CV18193016

    $440,000

    Price

  • Aug 9, 2018

    Date

    Active

    CRMLS: CV18193016

    $440,000

    Price

  • Listing provided courtesy of CRMLS

    3 units 1-1 each , short sale subject to lenders approval

Show More

Tax History for 1027 W 58th St

Assessed Value (2020): $463,080
Year Land Value Improved Value Assessed Value
2020 $361,080 $102,000 $463,080

Home Value Compared to the Market

This property vs the competition

1027 W 58th St sold on September 29, 2020 for 35.38% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $324.2 per/sqft which puts the price per square foot 57.06% lower than the current median sale per square foot for the city of Los Angeles.

About 1027 W 58th St

Detailed summary of property

1027 W 58th St is a triplex that recently sold in Los Angeles, CA 90037. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,372 living square feet, and sits on an approximately 4,565 square foot lot. 1027 W 58th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $747,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 35.38% lower than the current median priced home. Local homes that are currently for sale include 937 W 68th St, 6207 S Figueroa St and 444 W Gage Ave. While the average home in Los Angeles, CA is selling in 92 days, 1027 W 58th St has a days on market of 57 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1027 W 58th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1027 W 58th St

Public county record property details
Beds
3
Baths
3
Year built
1926
Sq. Ft.
2,372
Lot Size
4,565
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
182
APN
5002-018-016

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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