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1420 E 53Rd St, Los Angeles, CA 90011
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1420 E 53Rd St Los Angeles, CA 90011

$630,000 Sold Price as of 05/20/2022
  • 4 Beds
  • 2 Baths
  • 1,589 Sq.Ft.
Sold
$630,000 Sold Price as of 05/20/2022 Refinance Your Mortgage
Map preview of 1420 E 53Rd St, Los Angeles, CA 90011

Property Overview: 1420 E 53Rd St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,589 living square feet and 6,046 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment Opportunity! Two (2) separate units and a detached two (2) car garage on a large corner lot! Unit #1 is a 3BR / 1 BA unit. Unit #2 is a 1BR / 1BA unit. The property offers plenty of street parking, on lot parking plus the 2 car garage. Buyers to verify all MLS information including permits and uses and rely on their own findings. Currently occupied but property to be delivered vacant with agreements currently in place.

Listed by Sierra Minor | BRE #02030185 | Beverly and Company, Inc.
Co-listed by Chad Schlotterback | BRE #01807076 | Beverly and Company, Inc.
Last checked: 12 minutes ago | Last updated: May 23rd, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
6,046
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22124493
City
Los Angeles
County
Los Angeles
Time on Site
882 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $500
  • Total Rent: $500
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.79
  • Gross Scheduled Income: --
  • Net Operating Income: $19,200
  • Gross Operating Income: $24,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1420 E 53Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside, In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
  • Living Room
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: 3
  • Has Parking
  • Parking Features: Assigned, Covered, Detached Carport, Garage
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5104009024
  • Architectural Style: Bungalow
Location / Neighborhood
Location Information
  • Directions: 53rd and Hooper
View more facts & features

Local Los Angeles Agent

Sale History for 1420 E 53Rd St

Last sold for $630,000 on May 20th, 2022

  • May, 2022

  • May 20, 2022

    Date

    Sold

    CRMLS: 22124493

    $630,000

    Price

  • Feb 3, 2022

    Date

    Active

    CRMLS: 22124493

    $499,000

    Price

Tax History for 1420 E 53Rd St

Assessed Value (2020): $39,389
Year Land Value Improved Value Assessed Value
2020 $19,470 $19,919 $39,389

Home Value Compared to the Market

This property vs the competition

1420 E 53Rd St sold on May 20, 2022 for 55.26% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $358.72 per/sqft which puts the price per square foot 54.65% lower than the current median sale per square foot for the city of Los Angeles.

About 1420 E 53Rd St

Detailed summary of property

1420 E 53Rd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,589 living square feet, and sits on an approximately 6,046 square foot lot. 1420 E 53Rd St was first listed on ArdentRealEstateGroup.com on February 4, 2022. The homeowner sold the property for $630,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 55.26% lower than the current median priced home. Local homes that are currently for sale include 845 E 80th St, 7818 Avalon Blvd and 1141 E 84th Pl. While the average home in Los Angeles, CA is selling in 100 days, 1420 E 53Rd St has a days on market of 67 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1420 E 53Rd 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 1420 E 53Rd St

Public county record property details
Beds
3
Baths
2
Year built
1924
Sq. Ft.
1,589
Lot Size
6,045
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
45
APN
5104-009-024

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
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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