1459 W 53Rd St, Los Angeles, CA 90062
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1459 W 53Rd St Los Angeles, CA 90062

$815,000 Sold Price as of 02/11/2022
  • 5 Beds
  • 4 Baths
  • 2,488 Sq.Ft.
Sold
$815,000 Sold Price as of 02/11/2022 Refinance Your Mortgage

Map preview of 1459 W 53Rd St, Los Angeles, CA 90062

Property Overview: 1459 W 53Rd St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,488 living square feet and 6,275 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: **GREAT INCOME OPPORTUNITY** Plenty of pictures! All 4 units are in good condition and located to all amenities of life! Close to schools, parks, shopping centers, restaurants, churches, and freeways. This income property is located in a corner street and features the following; 1st unit is 2 bedrooms and 1 bath with 2 bonus rooms, open floor plan from kitchen to living room, laundry hook ups inside, very spacious. 2nd attached unit is 1 bedroom and 1 bath with kitchen and living room. 3rd detached unit is 1 bedroom and 1bath , open floor plan, with plenty of space. 4th attached unit is 1 bedroom and 1 bath also very spacious. Detached 2 car garage with attached storage room can be potentially be converted to an ADU. Don't miss out!

Listed by Diana Hernandez | BRE #01814655 | Century 21 Allstars
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
6,275
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW21265512
City
Los Angeles
County
Los Angeles
Time on Site
1016 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $3,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $44,390
  • Gross Operating Income: --
  • # of Rented Garages: 350
Annual Expense Breakdown
  • Total Operating Expense: $2,760
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $480
  • Insurance: $0
  • Water/Sewer: $2,280

Property Details for 1459 W 53Rd St

Interior Features
Laundry Information
  • Has Laundry
  • In Closet
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5003009013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: NORMANDIE AVE
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1459 W 53Rd St

Last sold for $815,000 on February 11th, 2022
  • January, 2022

  • Jan 14, 2022

    Date

    Pending

    CRMLS: DW21265512

    $799,900

    Price

  • Jan 6, 2022

    Date

    Hold

    CRMLS: DW21265512

    $799,900

    Price

  • Dec 17, 2021

    Date

    Active

    CRMLS: DW21265512

    $799,900

    Price

  • November, 2006

  • Nov 1, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 1996

  • Aug 22, 1996

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

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Tax History for 1459 W 53Rd St

Assessed Value (2020): $450,872
Year Land Value Improved Value Assessed Value
2020 $306,636 $144,236 $450,872

Home Value Compared to the Market

This property vs the competition

1459 W 53Rd St sold on February 11, 2022 for 28.58% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $321.5 per/sqft which puts the price per square foot 55.59% lower than the current median sale per square foot for the city of Los Angeles.

About 1459 W 53Rd St

Detailed summary of property

1459 W 53Rd St is a fourplex that recently sold in Los Angeles, CA 90062. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,488 living square feet, and sits on an approximately 6,275 square foot lot. 1459 W 53Rd St was first listed on ArdentRealEstateGroup.com on December 17, 2021. The homeowner sold the property for $815,000. Home 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 28.58% lower than the current median priced home. Local homes that are currently for sale include 1047 W 48th St, 1054 W 58th Pl and 5419 S St Andrews Pl. While the average home in Los Angeles, CA is selling in 106 days, 1459 W 53Rd St has a days on market of 19 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1459 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 1459 W 53Rd St

Public county record property details
Beds
4
Baths
4
Year built
1921
Sq. Ft.
2,488
Lot Size
6,274
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15,16
APN
5003-009-013

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
$850,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
39
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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.