1318 W 55Th St, Los Angeles, CA 90037
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1318 W 55Th St Los Angeles, CA 90037

$740,000 Sold Price as of 09/15/2023
  • 5 Beds
  • 3 Baths
  • 1,461 Sq.Ft.
Sold
$740,000 Sold Price as of 09/15/2023 Refinance Your Mortgage

Map preview of 1318 W 55Th St, Los Angeles, CA 90037

Property Overview: 1318 W 55Th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,461 living square feet and 5,303 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome home to your updated Craftsman abode! Seated on a generous 5300 sf lot, this delightful property boasts 5 bedrooms and 3 bathrooms. The thoughtful layout ensures a seamless flow between the living areas, creating an open and airy space. The recently updated interior showcases warm wood-like floors that lead you through the spacious living areas, while large windows bathe the rooms in natural light, creating an inviting and comfortable atmosphere. The backyard offers ample space for family gatherings, gardening, or even future development. This property holds immense potential for those looking to take advantage of the R2 zoning with the opportunity to add an Accessory Dwelling Unit (ADU). Whether you're dreaming of expanding your living quarters or generating rental income, this property's potential is boundless. Centrally situated within minutes to USC, Exposition Park, Banc of California Stadium, LA Coliseum, Natural History Museum, Metro train lines, and the 110 & 10 Fwy. Enjoy the perfect balance of suburban tranquility and urban accessibility!

Listed by Nicholas Saremi | BRE #02056768 | Equity Union
Last checked: 13 minutes ago | Last updated: September 22nd, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
5,303
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23299669
City
Los Angeles
County
Los Angeles
Time on Site
308 days

Property Details for 1318 W 55Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Office, Living Room, Entry, Attic
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
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 Parking Spaces: 4
  • Has Parking
  • Parking Features: Concrete, Uncovered, Pull-through
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Parcel Number: 5002009025
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: S Normandie Ave & W 55th St
View more facts & features

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Sale History for 1318 W 55Th St

Last sold for $740,000 on September 15th, 2023
  • September, 2023

  • Sep 15, 2023

    Date

    Sold

    CRMLS: 23299669

    $740,000

    Price

  • Aug 10, 2023

    Date

    Active

    CRMLS: 23299669

    $699,995

    Price

  • August, 2019

  • Aug 16, 2019

    Date

    Sold

    CRMLS: 19459492

    $550,000

    Price

  • Jun 13, 2019

    Date

    Pending

    CRMLS: 19459492

    $570,000

    Price

  • Apr 28, 2019

    Date

    Active

    CRMLS: 19459492

    $570,000

    Price

  • Listing provided courtesy of CRMLS

    This property is awaiting a new family to call it home. If you are looking for a lot of coziness and entertaining space, look no further, this 4 bedroom, 2 bath home has plenty of features to enjoy. Bonus rooms and ADU ready. Property was 2 units but was converted to 4 beds. 2 baths. Located near plenty of shops and restaurants. Property is in a quiet neighborhood and has quick access to major freeways. Buyer to verify permits, square footage and zoning with the City of LA.

  • August, 2019

  • Aug 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • March, 2014

  • Mar 24, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1318 W 55Th St

Assessed Value (2020): $550,000
Year Land Value Improved Value Assessed Value
2020 $440,000 $110,000 $550,000

Home Value Compared to the Market

This property vs the competition

1318 W 55Th St sold on September 15, 2023 for 38.05% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $479.12 per/sqft which puts the price per square foot 36.46% lower than the current median sale per square foot for the city of Los Angeles.

About 1318 W 55Th St

Detailed summary of property

1318 W 55Th St is a single family home that recently sold in Los Angeles, CA 90037. This house offered 5 bedrooms, 3 bathrooms, roughly 1,461 living square feet, and sits on an approximately 5,303 square foot lot. 1318 W 55Th St was first listed on ArdentRealEstateGroup.com on August 11, 2023. The homeowner sold the property for $740,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.05% lower than the current median priced home. Local homes that are currently for sale include 1726 W 50th St, 4245 S Raymond Ave and 1417 W 69th St. While the average home in Los Angeles, CA is selling in 97 days, 1318 W 55Th St has a days on market of 6 days. There are currently 3891 homes for sale in the Los Angeles real estate market and 2627 of them are single family homes while 1154 of them are condos and 103 are townhomes. For more information on this home for sale at 1318 W 55Th 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 1318 W 55Th St

Public county record property details
Beds
2
Baths
2
Year built
1915
Sq. Ft.
1,461
Lot Size
5,302
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
41,B
APN
5002-009-025

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.
$540
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$543
Total Inventory
33
Median Sale to List Price %
100%
Avg Days on Market
41
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (25%), Other (25%)

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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.