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1248 E 54Th St, Los Angeles, CA 90011
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1248 E 54Th St Los Angeles, CA 90011

$437,500 Sold Price as of 05/01/2020
  • 7 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$437,500 Sold Price as of 05/01/2020 Refinance Your Mortgage
Map preview of 1248 E 54Th St, Los Angeles, CA 90011

Property Overview: 1248 E 54Th St Los Angeles, CA has 7 bedrooms, 3 bathrooms, -- living square feet and 5,141 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***PROPERTY WILL NOT BE DELIVERED VACANT*** Tenants are month to month and rents listed are actual. Great owner user opportunity in this spacious Two on a lot property. Rent one, live in the other or continue to operate as income property with great upside. Located on a lovely tree lined street very close to stores, schools, churches and downtown LA.

Listed by Henry Plascencia | BRE #01250465 | Compass
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft
5,141
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20549300
City
Los Angeles
County
Los Angeles
Time on Site
1206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: --
  • Net Operating Income: $28,800
  • Gross Operating Income: $28,800
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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

Property Details for 1248 E 54Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5104015006
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: West of Hooper, South of Vernon, West of Central
View more facts & features

Local Los Angeles Agent

Sale History for 1248 E 54Th St

Last sold for $437,500 on May 1st, 2020

  • May, 2020

  • May 8, 2020

    Date

    Sold

    CRMLS: 20549300

    $437,500

    Price

  • Mar 12, 2020

    Date

    Pending

    CRMLS: 20549300

    $439,000

    Price

  • Feb 15, 2020

    Date

    Active

    CRMLS: 20549300

    $439,000

    Price

  • Feb 5, 2020

    Date

    Active Under Contract

    CRMLS: 20549300

    $439,000

    Price

  • Jan 31, 2020

    Date

    Active

    CRMLS: 20549300

    $439,000

    Price

  • April, 2020

  • Apr 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $438,000

    Price

  • February, 2003

  • Feb 20, 2003

    Date

    Sold (Public Records)

    Public Records

    $120,000

    Price

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Tax History for 1248 E 54Th St

Assessed Value (2020): $450,000
Year Land Value Improved Value Assessed Value
2020 $225,000 $225,000 $450,000

Home Value Compared to the Market

This property vs the competition

1248 E 54Th St sold on May 1, 2020 for 63.11% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1248 E 54Th St

Detailed summary of property

1248 E 54Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 7 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 5,141 square foot lot. 1248 E 54Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $437,500. 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 63.11% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 96 days, 1248 E 54Th St has a days on market of 41 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1248 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 1248 E 54Th St

Public county record property details
Beds
3
Baths
2
Year built
1926
Sq. Ft.
1,242
Lot Size
5,141
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
100
APN
5104-015-006

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.
$460
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?

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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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