Search
123 E 55th St, Los Angeles, CA 90011
Image 2 for 123 E 55th St, Los Angeles, CA 90011
Image 3 for 123 E 55th St, Los Angeles, CA 90011
View Photos

123 E 55th St Los Angeles, CA 90011

$760,000 Sold Price as of 05/17/2021
  • 7 Beds
  • 5 Baths
  • 1,992 Sq.Ft.
Sold
$760,000 Sold Price as of 05/17/2021 Refinance Your Mortgage
Map preview of 123 E 55th St, Los Angeles, CA 90011

Property Overview: 123 E 55th St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 1,992 living square feet and 4,792 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own this remodeled 3-Unit property in a prime area of Los Angeles. This mulit-family property is just miles away from the Los Angeles Memorial Coliseum, Banc of California Stadium and USC. The owners have spared no expense in upgrading the property including new paint inside and out, new flooring throughout, remodeled kitchens, remodeled bathrooms, new appliances, and termite repairs already completed. Unit 1 is a spacious 2 Bed/1.5 Bath, Unit 2 is a 4 bed/1.75 bath and Unit 3 is 1 bed/1bath. Huge rental upside in a very high demand rental market. Per tax assessor property is 4 bed 3 bath; However, property is currently 7 bedroom 5 bath. Buyer and Buyer's agent to investigate further regarding legality of any additions or modifications.

Listed by Harry Bawaan | BRE #01373431 | The Realty Group
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
4,792
HOA Dues
$0/mo
Year built
1921
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21004945
City
Los Angeles
County
Los Angeles
Time on Site
1207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $74,400
  • Net Operating Income: $67,688
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,712
  • New Taxes: $5,512
  • Trash: $0
  • Insurance: $1,946
  • Water/Sewer: $1,200

Property Details for 123 E 55th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Room Information
  • Flooring: Laminate, Tile
  • Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range, Microwave
Interior Features
  • Security Features: Smoke 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: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5101014021
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: North of Slauson/East of Main
  • Road Frontage Type: Alley, City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 123 E 55th St

Last sold for $760,000 on May 17th, 2021

  • May, 2021

  • May 20, 2021

    Date

    Sold

    CRMLS: PW21004945

    $760,000

    Price

  • Jan 20, 2021

    Date

    Pending

    CRMLS: PW21004945

    $699,000

    Price

  • Jan 15, 2021

    Date

    Hold

    CRMLS: PW21004945

    $699,000

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: PW21004945

    $699,000

    Price

  • Jan 15, 2021

    Date

    Hold

    CRMLS: PW21004945

    $699,000

    Price

  • Jan 9, 2021

    Date

    Active

    CRMLS: PW21004945

    $699,000

    Price

  • March, 2020

  • Mar 4, 2020

    Date

    Sold

    CRMLS: PW19028961

    $520,000

    Price

  • Jun 28, 2019

    Date

    Pending

    CRMLS: PW19028961

    $535,000

    Price

  • Feb 11, 2019

    Date

    Active

    CRMLS: PW19028961

    $535,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own a 3-unit property in prime area of Los Angeles just miles away from the Los Angeles Memorial Coliseum and USC. Unit 1 is a spacious 4 Bed/1 Bath, Unit 2 is a 2 bed/1bath and Unit 3 is 1 bed/1bath. Priced for quick sale.

  • February, 2020

  • Feb 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

  • December, 2018

  • Dec 18, 2018

    Date

    Expired

    CRMLS: PW18117037

    $579,000

    Price

  • Dec 3, 2018

    Date

    Hold

    CRMLS: PW18117037

    $579,000

    Price

  • Nov 24, 2018

    Date

    Active

    CRMLS: PW18117037

    $579,000

    Price

  • Nov 8, 2018

    Date

    Hold

    CRMLS: PW18117037

    $579,000

    Price

  • May 18, 2018

    Date

    Active

    CRMLS: PW18117037

    $579,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own a 3-unit recently remodeled property in prime area of Los Angeles just miles away from the Los Angeles Memorial Coliseum and USC. Unit 1 is a spacious 4 Bed/1 Bath with remodeled kitchen and bathroom. Unit 2 is a 2 bed/1bath which was completely remodeled a few years ago with upgraded kitchen, bath and flooring throughout. Unit 3 is 1 bed/1bath with upgraded kitchen and bathroom.

  • May, 2018

  • May 17, 2018

    Date

    Canceled

    CRMLS: PW17261158

    $549,000

    Price

  • May 17, 2018

    Date

    Hold

    CRMLS: PW17261158

    $549,000

    Price

  • May 16, 2018

    Date

    Active

    CRMLS: PW17261158

    $549,000

    Price

  • Mar 23, 2018

    Date

    Hold

    CRMLS: PW17261158

    $549,000

    Price

  • Mar 22, 2018

    Date

    Active

    CRMLS: PW17261158

    $549,000

    Price

  • Feb 22, 2018

    Date

    Hold

    CRMLS: PW17261158

    $549,000

    Price

  • Jan 5, 2018

    Date

    Price Change

    CRMLS: PW17261158

    $549,000

    Price

  • Nov 20, 2017

    Date

    Active

    CRMLS: PW17261158

    $579,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity to own a 3-unit recently remodeled property in prime area of Los Angeles just miles away from the Los Angeles Memorial Coliseum and USC. Unit 1 is a spacious 4 Bed/1 Bath with remodeled kitchen and bathroom. Unit 2 is a 2 bed/1bath which was completely remodeled a few years ago with upgraded kitchen, bath and flooring throughout. Unit 3 is 1 bed/1bath with upgraded kitchen and bathroom.

  • June, 2014

  • Jun 20, 2014

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

Show More

Tax History for 123 E 55th St

Assessed Value (2020): $448,352
Year Land Value Improved Value Assessed Value
2020 $212,967 $235,385 $448,352

Home Value Compared to the Market

This property vs the competition

123 E 55th St sold on May 17, 2021 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 $350.9 per/sqft which puts the price per square foot 53.52% lower than the current median sale per square foot for the city of Los Angeles.

About 123 E 55th St

Detailed summary of property

123 E 55th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 1,992 living square feet, and sits on an approximately 4,792 square foot lot. 123 E 55th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $760,000. 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 172 E 43rd ST, 854 E 50th St and 444 W Gage Ave. While the average home in Los Angeles, CA is selling in 93 days, 123 E 55th St has a days on market of 6 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 123 E 55th 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 123 E 55th St

Public county record property details
Beds
4
Baths
3
Year built
1921
Sq. Ft.
1,992
Lot Size
4,791
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5101-014-021

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
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
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?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 123 E 55th St

Nearby Homes for Sale

5123 S San Pedro, Los Angeles, CA 90011
$770,000
7 Beds
3 Baths
2517 Sq.Ft.
5123 S San Pedro
Los Angeles, CA 90011
232 W 49th St, Los Angeles, CA 90037
$699,999
4 Beds
2 Baths
1744 Sq.Ft.
232 W 49th St
Los Angeles, CA 90037
132 E 60th St, Los Angeles, CA 90003
$685,000
3 Beds
2 Baths
1532 Sq.Ft.
132 E 60th St
Los Angeles, CA 90003
6114 Wall St, Los Angeles, CA 90003
$699,000
4 Beds
4 Baths
2652 Sq.Ft.
6114 Wall St
Los Angeles, CA 90003
Open Today 1pm-5pm
362 W 59th Pl, Los Angeles, CA 90003
$670,000
5 Beds
2 Baths
2016 Sq.Ft.
362 W 59th Pl
Los Angeles, CA 90003
507 E 59th Pl, Los Angeles, CA 90003
$730,000
0 Beds
1 Baths
1436 Sq.Ft.
507 E 59th Pl
Los Angeles, CA 90003
227 W 47th St, Los Angeles, CA 90037
$780,000
6 Beds
4 Baths
1863 Sq.Ft.
227 W 47th St
Los Angeles, CA 90037
242 W 46th St, Los Angeles, CA 90037
$750,000
14 Beds
8 Baths
2604 Sq.Ft.
242 W 46th St
Los Angeles, CA 90037
217 E 64th St, Los Angeles, CA 90003
$750,000
5 Beds
2 Baths
1712 Sq.Ft.
217 E 64th St
Los Angeles, CA 90003
6211 S Broadway, Los Angeles, CA 90003
$770,000
3 Beds
3 Baths
1320 Sq.Ft.
6211 S Broadway
Los Angeles, CA 90003
710 W 55th St, Los Angeles, CA 90037
$690,000
7 Beds
4 Baths
1716 Sq.Ft.
710 W 55th St
Los Angeles, CA 90037
440 W Gage Ave, Los Angeles, CA 90003
$615,000
4 Beds
2 Baths
2049 Sq.Ft.
440 W Gage Ave
Los Angeles, CA 90003

Recently Sold Homes Near 123 E 55th St

119 E 56th St, Los Angeles, CA 90011
$660,000 Last Sold Price
7 Beds
4 Baths
2982 Sq.Ft.
119 E 56th St
Los Angeles, CA 90011
136 E 54th St, Los Angeles, CA 90011
$665,000 Last Sold Price
4 Beds
3 Baths
1593 Sq.Ft.
136 E 54th St
Los Angeles, CA 90011
150 E 55th St, Los Angeles, CA 90011
$672,000 Last Sold Price
6 Beds
3 Baths
2604 Sq.Ft.
150 E 55th St
Los Angeles, CA 90011
126 E 56th St, Los Angeles, CA 90011
$460,000 Last Sold Price
3 Beds
2 Baths
1360 Sq.Ft.
126 E 56th St
Los Angeles, CA 90011

Related Resources to 123 E 55th St

New Listings in 90011
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote