1182 E 52Nd St Los Angeles, CA 90011

$1,195,000 Sold Price as of 02/06/2020

10 Beds
8 Baths
4,490 Sq.Ft.

Off Market

$1,195,000 Sold Price as of 02/06/2020 Refinance Your Mortgage

Map preview of 1182 E 52Nd St, Los Angeles, CA 90011

Property Overview: 1182 E 52Nd St Los Angeles, CA has 10 bedrooms, 8 bathrooms, 4,490 living square feet and 17,441 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1182 E 52Nd St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1182 E 52Nd St

Last sold for $1,195,000 on February 6th, 2020

April, 2021
Apr 27, 2021

Date

Expired

CRMLS: 21689916

$1,880,000

Price
Mar 5, 2021

Date

Withdrawn

CRMLS: 21689916

$1,880,000

Price
Feb 5, 2021

Date

Active

CRMLS: 21689916

$1,880,000

Price
Listing provided courtesy of CRMLS

Eight-unit investment opportunity in the Central Alameda neighborhood of Los Angeles. This is a centrally located property in South Los Angeles with close proximity and transportation options to commute to Downtown Los Angeles and neighboring cities of Huntington Park and Vernon.The subject property offers an investor the opportunity to purchase a newly renovated turn-key community, with each unit recently gutted and featuring new flooring, countertops, stainless steel appliances, and lighting fixtures. The property consists of eight separate structures featuring two two-bedroom and six one-bedroom apartments. At the current income, the building is offered at a 5.62% cap. There are eight total parking spaces and ease of management as gas and electricity are separately metered. In addition, tenants pay for trash and there are zero common area utility expenses.The subject property is located across the street from Hooper Avenue Elementary School. Residents have many transportation options available as the property is in close proximity to the Metro A Rail Line as well as multiple Metro bus lines along Hooper Avenue and Compton Avenue. 1182 E 52nd Street is ideally located for residents to commute to employment opportunities in Downtown Los Angeles...

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February, 2020
Feb 6, 2020

Date

Sold

CRMLS: 19525252

$1,195,000

Price
Nov 9, 2019

Date

Pending

CRMLS: 19525252

$1,199,000

Price
Oct 30, 2019

Date

Active

CRMLS: 19525252

$1,199,000

Price
Listing provided courtesy of CRMLS

A bungalow-style property in the heart of one of LA's densest rental submarkets. The property sits on an enormous 17K sq. ft. lot. Unlike the typical, stacked apartment building, these units afford a renter a superior "home-like" rental option with front and back yards and back doors. And the 'openess' is felt on the street, as well - low-density location with an elementary school next door, fire station across the street and single family homes up-and-down the block. The building has been well-run, for decades, by a local operator. A good "buy-and-hold" opportunity minutes to Downtown LA, USC and Huntington Park.

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February, 2020
Feb 6, 2020

Date

Sold (Public Records)

Public Records

$1,195,000

Price
May, 1997
May 30, 1997

Date

Sold (Public Records)

Public Records

$180,000

Price

Tax History for 1182 E 52Nd St

Assessed Value (2020): $268,041

Year	Land Value	Improved Value	Assessed Value
2020	$148,913	$119,128	$268,041

About 1182 E 52Nd St

Detailed summary of property

1182 E 52Nd St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90011 and last sold on February 6, 2020 for $1,195,000. This property has 10 bedrooms, 8 bathrooms, roughly 4,490 living square feet, and sits on an approximately 17,441 square foot lot. Homes 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 6.7% higher than the current median priced home. 1182 E 52Nd St was last sold on February 6, 2020 for $1,195,000. Local nearby listings include 6524 S Central Ave, 1701 E 61st St and 6208 Converse Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1182 E 52Nd 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 1182 E 52Nd St

Public county record property details

Beds: 10
Baths: 8
Year built: 1924
Sq. Ft.: 4,490
Lot Size: 17,441
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 5104-003-036

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

$625,000

Median List Price/Sq.Ft.

$531

Median Sold Price

$590,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

102.61%

Avg Days on Market

Loan Type

Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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