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1435 W 53Rd St, Los Angeles, CA 90062
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1435 W 53Rd St Los Angeles, CA 90062

$1,100,000 Sold Price as of 02/03/2022
  • 12 Beds
  • 6 Baths
  • 2,431 Sq.Ft.
Sold
$1,100,000 Sold Price as of 02/03/2022 Refinance Your Mortgage
Map preview of 1435 W 53Rd St, Los Angeles, CA 90062

Property Overview: 1435 W 53Rd St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 2,431 living square feet and 5,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Come own a piece of history in one of the world's most influential cities, this is a multi-family triplex that was completely renovated and the final product was unveiled this month November 2021. This property contains three separate units, All are considered 2 bedrooms 1 bathroom, with separate meters, fully upgraded appliances, and fixtures throughout. Close proximity to USC and an amazing investment opportunity a true diamond in the rough. Opportunities like this one do not come around very often. Due to the high demand and desirability of this property time is limited.. feel free to schedule a showing with the listing agent this one will not last long!!

Listed by Matt Christensen | BRE #01966290 | Harcourts Hunter Mason Realty
Last checked: 3 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
5,621
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21106487
City
Los Angeles
County
Los Angeles
Time on Site
910 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: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.94
  • Gross Scheduled Income: --
  • Net Operating Income: $75,909
  • Gross Operating Income: $8,050
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $14,387
  • Trash: $2,089
  • Gardener: $420
  • Insurance: $1,393
  • Water/Sewer: $1,789

Property Details for 1435 W 53Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Storage, Open Floorplan
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: 2
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway, Assigned, Garage
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5003009018
Location / Neighborhood
Location Information
  • Directions: On 53rd Street Between Decker & Normandie
View more facts & features

Local Los Angeles Agent

Sale History for 1435 W 53Rd St

Last sold for $1,100,000 on February 3rd, 2022

  • February, 2022

  • Feb 3, 2022

    Date

    Sold

    CRMLS: 21106487

    $1,100,000

    Price

  • Nov 4, 2021

    Date

    Active

    CRMLS: 21106487

    $1,250,000

    Price

Tax History for 1435 W 53Rd St

Assessed Value (2020): $45,213
Year Land Value Improved Value Assessed Value
2020 $23,053 $22,160 $45,213

Home Value Compared to the Market

This property vs the competition

1435 W 53Rd St sold on February 3, 2022 for 7.56% 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 $452.49 per/sqft which puts the price per square foot 40.07% lower than the current median sale per square foot for the city of Los Angeles.

About 1435 W 53Rd St

Detailed summary of property

1435 W 53Rd St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 2,431 living square feet, and sits on an approximately 5,621 square foot lot. 1435 W 53Rd St was first listed on ArdentRealEstateGroup.com on November 19, 2021. The homeowner sold the property for $1,100,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 4112 Dalton Ave, 5700 S Van Ness Ave and 1317 W 40th Pl. While the average home in Los Angeles, CA is selling in 94 days, 1435 W 53Rd St has a days on market of 43 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1435 W 53Rd St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1435 W 53Rd St

Public county record property details
Beds
3
Baths
3
Year built
1930
Sq. Ft.
2,431
Lot Size
5,620
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5003-009-018

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$859,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Recently Sold Homes Near 1435 W 53Rd St

1434 W 53Rd St, Los Angeles, CA 90062
$418,000 Last Sold Price
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2 Baths
-- Sq.Ft.
1434 W 53Rd St
Los Angeles, CA 90062
5311 S Normandie Ave, Los Angeles, CA 90037
$900,000 Last Sold Price
6 Beds
6 Baths
-- Sq.Ft.
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$530,500 Last Sold Price
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1453 W 53Rd St, Los Angeles, CA 90062
$499,000 Last Sold Price
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1453 W 53Rd St
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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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