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1144 E 56Th St, Los Angeles, CA 90011
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1144 E 56Th St Los Angeles, CA 90011

$730,000 Sold Price as of 08/31/2020
  • 12 Beds
  • 6 Baths
  • 2,740 Sq.Ft.
Sold
$730,000 Sold Price as of 08/31/2020 Refinance Your Mortgage
Map preview of 1144 E 56Th St, Los Angeles, CA 90011

Property Overview: 1144 E 56Th St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 2,740 living square feet and 5,408 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Non rent controlled newer duplex built in 2009. Listing Agents have not viewed the inside of the units. Please review virtual tour of unit 1142 which is the front unit. Both units identical. Entry for 1144 is at the rear of the property. Viewings will be subject to accepted offer but not before July 8th. Solid rents, one section 8 tenant great value.

Listed by Michael Berlin | BRE #01299221 | MBB Realty Advisors, Inc.
Co-listed by Lanette Peary | BRE #01167271 | Forward Inglewood, Inc.
Last checked: 8 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
5,408
HOA Dues
$0/mo
Year built
2009
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
20593662
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,521
  • Total Rent: $2,521
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,454
  • Total Rent: $2,454
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.8%
  • Gross Rent Multiplier: 11.7
  • Gross Scheduled Income: --
  • Net Operating Income: $47,642
  • Gross Operating Income: $59,700
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1144 E 56Th St

Interior Features
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Carpet
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Gated Community, Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway - Combination, Garage - Two Door, Shared Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5104024005
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: South of Vernon, North of Slauson, East of Central, West of Alameda
View more facts & features

Local Los Angeles Agent

Sale History for 1144 E 56Th St

Last sold for $730,000 on August 31st, 2020

  • August, 2020

  • Aug 31, 2020

    Date

    Sold

    CRMLS: 20593662

    $730,000

    Price

  • Jul 14, 2020

    Date

    Active Under Contract

    CRMLS: 20593662

    $699,000

    Price

  • Jun 23, 2020

    Date

    Active

    CRMLS: 20593662

    $699,000

    Price

  • August, 2020

  • Aug 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

  • March, 2019

  • Mar 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $699,000

    Price

Show More

Tax History for 1144 E 56Th St

Assessed Value (2020): $712,980
Year Land Value Improved Value Assessed Value
2020 $397,800 $315,180 $712,980

Home Value Compared to the Market

This property vs the competition

1144 E 56Th St sold on August 31, 2020 for 41.26% 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 $255.11 per/sqft which puts the price per square foot 66.21% lower than the current median sale per square foot for the city of Los Angeles.

About 1144 E 56Th St

Detailed summary of property

1144 E 56Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 2,740 living square feet, and sits on an approximately 5,408 square foot lot. 1144 E 56Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $730,000. 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 41.26% lower than the current median priced home. Local homes that are currently for sale include 488 E 47Th St, 735 E Vernon Ave and 1700 E 62nd St. While the average home in Los Angeles, CA is selling in 92 days, 1144 E 56Th St has a days on market of 56 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 1144 E 56Th 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 1144 E 56Th St

Public county record property details
Beds
8
Baths
4
Year built
2009
Sq. Ft.
2,740
Lot Size
5,408
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
240
APN
5104-024-005

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
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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(714) 706-1823

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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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