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148 S Avenue 53, Los Angeles, CA 90042
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148 S Avenue 53 Los Angeles, CA 90042

$1,100,000
  • 5 Beds
  • 3.25 Baths
  • 2,916 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 148 S Avenue 53, Los Angeles, CA 90042

Property Overview: 148 S Avenue 53 Los Angeles, CA has 5 bedrooms, 3.25 bathrooms, 2,916 living square feet and 8,301 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled in the highly sought-after Highland Park area, this charming duplex presents an exceptional opportunity for homeowners and investors alike. Situated just a block away from Figueroa St and its vibrant array of eateries, cafes, shops, and galleries, convenience and culture intertwine seamlessly in this prime location. With a little TLC this is ideal for both owner used and investors, the units are thoughtfully designed with separate electric and gas meters, ensuring privacy and ease of utility management. Whether you're seeking a savvy investment opportunity or envisioning your dream home in this bustling neighborhood, this duplex promises endless possibilities. Experience the dynamic energy of Highland Park while enjoying the flexibility and potential for growth that this property affords. This is a historically zone property.

Listed by Alex Carranza | BRE #02090613 | Keller Williams Beach Cities
Co-listed by Carolina Hernandez | BRE #01943679 | Keller Williams Beach Cities
Last checked: 4 minutes ago | Last updated: May 20th, 2024 | Source CRMLS | DOM: 18
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Home details

Lot Sq. Ft
8,301
HOA Dues
$0/mo
Year built
1905
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
SB24083240
City
Los Angeles
County
Los Angeles
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,400
  • Net Operating Income: $14,616
  • Gross Operating Income: --
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $12,000
  • Electric: $1,200
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $4,800

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Property Details for 148 S Avenue 53

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
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
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5468016017
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Exit 110 and make a left on S Ave 52. Drive to S Ave 53
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 148 S Avenue 53

Last sold on May 3rd, 2000

  • May, 2024

  • May 3, 2024

    Date

    Active

    CRMLS: SB24083240

    $1,100,000

    Price

  • May, 2000

  • May 3, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2000

  • May 3, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 148 S Avenue 53

Assessed Value (2020): $344,194
Year Land Value Improved Value Assessed Value
2020 $219,804 $124,390 $344,194

Home Value Compared to the Market

This property vs the competition

148 S Avenue 53 is listed 12% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $377.23 per/sqft which puts the price per square foot 51.64% lower than the median price per square foot for the city of Los Angeles.

About 148 S Avenue 53

Detailed summary of property

148 S Avenue 53 is a duplex located in Los Angeles, CA 90042 and is currently for sale. This duplex offers 5 bedrooms, 3.25 bathrooms, roughly 2,916 living square feet, and sits on an approximately 8,301 square foot lot. 148 S Avenue 53 was first listed on ArdentRealEstateGroup.com on April 25, 2024. The homeowner is currently asking $1,100,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 12% lower than the median priced home. Local competing homes currently for sale include 4951 Baltimore St, 6445 Roble Ave and 321 W Avenue 37. While the average home in Los Angeles, CA is selling in 93 days, 148 S Avenue 53 has a days on market of 18 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 148 S Avenue 53 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 148 S Avenue 53

Public county record property details
Beds
6
Baths
3
Year built
1905
Sq. Ft.
2,916
Lot Size
8,298
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,40
APN
5468-016-017

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$751
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
97
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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Recently Sold Homes Near 148 S Avenue 53

134 S Avenue 53, Los Angeles, CA 90042
$1,080,000 Last Sold Price
6 Beds
4 Baths
-- Sq.Ft.
134 S Avenue 53
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159 S Avenue 53, Los Angeles, CA 90042
$1,140,000 Last Sold Price
5 Beds
5 Baths
2107 Sq.Ft.
159 S Avenue 53
Los Angeles, CA 90042
120 S Avenue 53, Los Angeles, CA 90042
$870,000 Last Sold Price
4 Beds
2 Baths
-- Sq.Ft.
120 S Avenue 53
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154 S Avenue 54, Los Angeles, CA 90042
$1,550,000 Last Sold Price
4 Beds
3 Baths
2290 Sq.Ft.
154 S Avenue 54
Los Angeles, CA 90042

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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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