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1212 E 54Th St, Los Angeles, CA 90011
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1212 E 54Th St Los Angeles, CA 90011

$760,000
  • 6 Beds
  • 2 Baths
  • 2,496 Sq.Ft.
For Sale
$760,000 Get Pre-Qualified
Map preview of 1212 E 54Th St, Los Angeles, CA 90011

Property Overview: 1212 E 54Th St Los Angeles, CA has 6 bedrooms, 2 bathrooms, 2,496 living square feet and 5,137 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Take advantage of this incredible opportunity to own a duplex with two spacious 3-bedroom, 1-bath units with a detached garage. This property is fully occupied with long-term, reliable tenants and offers immediate income potential. Each unit is separately metered for gas and electricity, with tenants covering all utilities except water. The property is gated for privacy and is priced to sell fast! You are located in a prime, highly sought-after area, just minutes from schools, USC, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. Whether you're a seasoned investor or a first-time buyer, this property offers strong rental upside in a vibrant metropolitan setting.

Listed by Mark Perez | BRE #01279393 | Circle Real Estate
Co-listed by Adrien Aguirre | BRE #02193553 | Circle Real Estate
Last checked: 16 minutes ago | Last updated: September 6th, 2024 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
5,137
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
RS24179721
City
Los Angeles
County
Los Angeles
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: --
  • Pro Forma/Market Rent: $3,915
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: --
  • Pro Forma/Market Rent: $3,915
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,928
  • Net Operating Income: $37,724
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,204
  • Electric: $1,204
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Maintenance: $2,000
  • Water/Sewer: $4,000

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Property Details for 1212 E 54Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Carpet, Tile
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Lighting
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Gated, Off Street, Parking Space
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5104015012
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Hooper Ave/ 53rd St
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1212 E 54Th St

Last sold for $399,000 on July 29th, 2014

  • September, 2024

  • Sep 5, 2024

    Date

    Active

    CRMLS: RS24179721

    $760,000

    Price

  • January, 2020

  • Jan 23, 2020

    Date

    Canceled

    CRMLS: IN19104659

    $585,000

    Price

  • May 6, 2019

    Date

    Active

    CRMLS: IN19104659

    $585,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Remodeled Duplex consisting of two large 3 bedroom / 1 bath units with detached garage! Property fully-occupied with long term stable tenants. Start collecting income right away! PROPERTY SOLD TENANT-OCCUPIED. WILL NOT BE DELIVERED VACANT! Separately metered for gas and electric. Tenants pay for all utilities except water. This property is gated for privacy and is priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to permits, bed/bath count, square footage, legality, etc.

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: IN19007746

    $611,325

    Price

  • Apr 26, 2019

    Date

    Withdrawn

    CRMLS: IN19007746

    $611,325

    Price

  • Feb 19, 2019

    Date

    Price Change

    CRMLS: IN19007746

    $611,325

    Price

  • Feb 19, 2019

    Date

    Price Change

    CRMLS: IN19007746

    $579,150

    Price

  • Jan 11, 2019

    Date

    Active

    CRMLS: IN19007746

    $643,500

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! Remodeled Duplex consisting of two large 3 bedroom / 1 bath units with detached garage! Separately metered for gas and electric. Tenants pay for all utilities except water. This property is gated for privacy and is priced to sell! Conveniently located close to schools, USC, Banc of California Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to permits, bed/bath count, square footage, legality, etc.

  • July, 2014

  • Jul 29, 2014

    Date

    Sold (Public Records)

    Public Records

    $399,000

    Price

  • July, 2012

  • Jul 12, 2012

    Date

    Sold (Public Records)

    Public Records

    $223,100

    Price

Show More

Tax History for 1212 E 54Th St

Assessed Value (2020): $438,472
Year Land Value Improved Value Assessed Value
2020 $219,787 $218,685 $438,472

Home Value Compared to the Market

This property vs the competition

1212 E 54Th St is listed 36.67% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $304.49 per/sqft which puts the price per square foot 60.35% lower than the median price per square foot for the city of Los Angeles.

About 1212 E 54Th St

Detailed summary of property

1212 E 54Th St is a duplex located in Los Angeles, CA 90011 and is currently for sale. This duplex offers 6 bedrooms, 2 bathrooms, roughly 2,496 living square feet, and sits on an approximately 5,137 square foot lot. 1212 E 54Th St was first listed on ArdentRealEstateGroup.com on September 4, 2024. The homeowner is currently asking $760,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 36.67% lower than the median priced home. Local competing homes currently for sale include 640 E 49th St, 627 E 49th St and 1159 E 64th St. While the average home in Los Angeles, CA is selling in 106 days, 1212 E 54Th St has a days on market of 12 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 1212 E 54Th 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 1212 E 54Th St

Public county record property details
Beds
3
Baths
2
Year built
1923
Sq. Ft.
2,496
Lot Size
5,136
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
106
APN
5104-015-012

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%)

Tour This Home

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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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