1249 E 55Th St Los Angeles, CA 90011

$245,000 Sold Price as of 10/18/2013

4 Beds
3 Baths
1,692 Sq.Ft.

Off Market

$245,000 Sold Price as of 10/18/2013 Refinance Your Mortgage

Map preview of 1249 E 55Th St, Los Angeles, CA 90011

Property Overview: 1249 E 55Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,692 living square feet and 5,098 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1249 E 55Th 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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 1249 E 55Th St

Last sold for $245,000 on October 18th, 2013

June, 2021
Jun 8, 2021

Date

Expired

CRMLS: SR20253854

$589,999

Price
Dec 22, 2020

Date

Withdrawn

CRMLS: SR20253854

$589,999

Price
Dec 9, 2020

Date

Active

CRMLS: SR20253854

$589,999

Price
Listing provided courtesy of CRMLS

Please note that both units are tenant occupied DRIVE BY ONLY Showings will be upon acceptance. Total Rent: $2,800 (Below market) with all tenants on a month to month lease. Some of the rent are below market so the monthly revenue can be higher. This is a Great income-producing investment with low costs! One of the few 2 unit properties with all Paying Tenants. Each unit has its own gas and electrical meter for easy rental. Cooper Plumbing throughout. The front unit is a 3 bedroom and 1 bath unit. Rear unit is a 2 bedroom 1 bath unit. The rear unit was destroyed in a fire and completely built brand new in 2006 fully up to code. The roof was completely redone in 2006 on both units. The total square footage for all units is 1,692. All units have parking spots in a designated parking area, 6 parking spots in total. This is a Great rental income potential With Plenty of potential space on a lot over 5,000 SF. Don't miss out on the opportunity to have (2) multi-rental unit building's. Great price, great opportunity, Won't last long! Both units are rented but it can be delivered vacant. Located in a very central area: Nearby schools, The closest grocery stores, Nearby coffee shops and restaurants. Near major freeways and public transport. The property has been well maintained and this is a no brainer to add this property to your income property portfolio. This property will not last!!!! Buyer to verify all details of property prior to the close of escrow.

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October, 2013
Oct 18, 2013

Date

Sold (Public Records)

Public Records

$245,000

Price
February, 2013
Feb 28, 2013

Date

Sold (Public Records)

Public Records

$141,000

Price

Tax History for 1249 E 55Th St

Assessed Value (2020): $530,000

Year	Land Value	Improved Value	Assessed Value
2020	$400,000	$130,000	$530,000

About 1249 E 55Th St

Detailed summary of property

1249 E 55Th St is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90011 and last sold on October 18, 2013 for $245,000. This property has 4 bedrooms, 3 bathrooms, roughly 1,692 living square feet, and sits on an approximately 5,098 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 78.12% lower than the current median priced home. 1249 E 55Th St was last sold on October 18, 2013 for $245,000. Local nearby listings include 4321 Honduras St, 1630 E 43rd St and 5889 Towne Ave #5889. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1249 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 1249 E 55Th St

Public county record property details

Beds: 4
Baths: 3
Year built: 1905
Sq. Ft.: 1,692
Lot Size: 5,098
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 149
APN: 5104-015-027

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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