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1225 W 54Th St, Los Angeles, CA 90037
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1225 W 54Th St Los Angeles, CA 90037

$500,000 Sold Price as of 01/21/2021
  • 4 Beds
  • 6 Baths
  • 2,122 Sq.Ft.
Sold
$500,000 Sold Price as of 01/21/2021 Refinance Your Mortgage
Map preview of 1225 W 54Th St, Los Angeles, CA 90037

Property Overview: 1225 W 54Th St Los Angeles, CA has 4 bedrooms, 6 bathrooms, 2,122 living square feet and 5,188 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: COURT CONFIRMATION HEARING: JULY 21, 2020 9:30AM DEPT 79 Stanley Mosk Superior Court 111 N. Hill St. LA CA . MINIMUM OVERBID IS $525,500 - May be shown to qualified overbidders 7/16/2020 by appointment only with property proof of funds &compliance with Coronavirus Best Practices and executed PEAD for buyer and agent; 10% deposit reqd. Contact (text and email) LISTING AGENT FOR INFO RE COURT HEARING RULES ONCE AVAILABLE.Triplex comprised of a 2 bedroom 1 bath front house; a 1+1 apartment and a studio apartment (tenant occupied); great investor opportunity to own three units near the Vermont Corridor development and in a solid residential community; 1 + 1 will be delivered vacant; cash offers preferred as property is in need of repair; probate with court confirmation; administrator will consider all reasonable offers; drive by only; offers subject to inspection; front house is occupied currently do not disturb occupant or trespass on property; one handicapped blue curb in front;

Listed by Teresa Mack | BRE #01766118 | Pacific Playa Realty
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 90

Home details

Lot Sq. Ft
5,188
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19520548
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $200
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $30,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $15,000
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $475
  • Total Rent: $5,700
  • Pro Forma/Market Rent: $12,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: --
  • Net Operating Income: $6,000
  • Gross Operating Income: $8,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1225 W 54Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 3
  • Parcel Number: 5002006009
  • Property Condition: Fixer
Location / Neighborhood
Location Information
  • Directions: 54th Street to Budlong Avenue; north of Slauson
View more facts & features

Local Los Angeles Agent

Sale History for 1225 W 54Th St

Last sold for $500,000 on January 21st, 2021

  • January, 2021

  • Jan 21, 2021

    Date

    Sold

    CRMLS: 19520548

    $500,000

    Price

  • Jul 21, 2020

    Date

    Pending

    CRMLS: 19520548

    $550,000

    Price

  • Jul 19, 2020

    Date

    Active

    CRMLS: 19520548

    $550,000

    Price

  • Apr 17, 2020

    Date

    Active Under Contract

    CRMLS: 19520548

    $550,000

    Price

  • Apr 17, 2020

    Date

    Active

    CRMLS: 19520548

    $550,000

    Price

  • Apr 16, 2020

    Date

    Expired

    CRMLS: 19520548

    $550,000

    Price

  • Jan 17, 2020

    Date

    Price Change

    CRMLS: 19520548

    $550,000

    Price

  • Jan 16, 2020

    Date

    Expired

    CRMLS: 19520548

    $615,000

    Price

  • Oct 16, 2019

    Date

    Active

    CRMLS: 19520548

    $615,000

    Price

  • January, 2021

  • Jan 21, 2021

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 1225 W 54Th St

Assessed Value (2020): $597,720
Year Land Value Improved Value Assessed Value
2020 $240,720 $357,000 $597,720

Home Value Compared to the Market

This property vs the competition

1225 W 54Th St sold on January 21, 2021 for 53.78% 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 $259.19 per/sqft which puts the price per square foot 65.67% lower than the current median sale per square foot for the city of Los Angeles.

About 1225 W 54Th St

Detailed summary of property

1225 W 54Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4 bedrooms, 6 bathrooms, roughly 2,122 living square feet, and sits on an approximately 5,188 square foot lot. 1225 W 54Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $500,000. 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 53.78% lower than the current median priced home. Local homes that are currently for sale include 2411 Griffith Ave, 845 E 80th St and 220 W Colden Ave. While the average home in Los Angeles, CA is selling in 94 days, 1225 W 54Th St has a days on market of 90 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1225 W 54Th 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 1225 W 54Th St

Public county record property details
Beds
3
Baths
3
Year built
1931
Sq. Ft.
2,122
Lot Size
5,188
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
104
APN
5002-006-009

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
$725,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
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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