1057 E 23Rd St, Los Angeles, CA 90011
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1057 E 23Rd St Los Angeles, CA 90011

$700,000 Sold Price as of 02/28/2024
  • 0 Beds
  • 0 Baths
  • 3,146 Sq.Ft.
Sold
$700,000 Sold Price as of 02/28/2024 Refinance Your Mortgage

Map preview of 1057 E 23Rd St, Los Angeles, CA 90011

Property Overview: 1057 E 23Rd St Los Angeles, CA has -- bedrooms, -- bathrooms, 3,146 living square feet and 6,251 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Probate sale, no court confirmation required. Duplex that has fire damage is now lucrative opportunity for developer or investor to build a four-plex. There is a partially rehabbed 2 bedroom 1 bath ADU and small Commercial restaurant or corner store are onsite and permitted. Large, flat 6258 sq. ft. lot. Close to USC and Downtown LA. Corner lot (Griffith and 23rd) and is zoned RD1.5. Lot boasts 50 ft. of frontage and 125 ft. deep with utilities already on site. Several lots on the street have already been developed into four-plexes.

Listed by Jon Markus Johnson | BRE #01495948 | BAM Realty Group
Last checked: 14 minutes ago | Last updated: February 28th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
6,251
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23271737
City
Los Angeles
County
Los Angeles
Time on Site
471 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1057 E 23Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Street, Concrete
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5131016016
  • Foundation Details: Raised
  • Property Condition: Fixer, Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Adams, West of Washington, 23rd and Griffth
View more facts & features

Local Los Angeles Agent

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Sale History for 1057 E 23Rd St

Last sold for $700,000 on February 28th, 2024
  • February, 2024

  • Feb 28, 2024

    Date

    Sold

    CRMLS: 23271737

    $700,000

    Price

  • May 17, 2023

    Date

    Active

    CRMLS: 23271737

    $999,000

    Price

Tax History for 1057 E 23Rd St

Assessed Value (2020): $86,939
Year Land Value Improved Value Assessed Value
2020 $17,452 $69,487 $86,939

Home Value Compared to the Market

This property vs the competition

1057 E 23Rd St sold on February 28, 2024 for 26.34% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $262.24 per/sqft which puts the price per square foot 63.78% lower than the current median sale per square foot for the city of Los Angeles.

About 1057 E 23Rd St

Detailed summary of property

1057 E 23Rd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered -- bedrooms, -- bathrooms, roughly 3,146 living square feet, and sits on an approximately 6,251 square foot lot. 1057 E 23Rd St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $700,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 26.34% lower than the current median priced home. Local homes that are currently for sale include 1260 E 49th St, 907 E 50th St and 627 E 49th St. While the average home in Los Angeles, CA is selling in 106 days, 1057 E 23Rd St has a days on market of 14 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1057 E 23Rd St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1057 E 23Rd St

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
3,146
Lot Size
6,244
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5131-016-016

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$532
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), 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.