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150 E 55Th St, Los Angeles, CA 90011
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150 E 55Th St Los Angeles, CA 90011

$672,000 Sold Price as of 05/02/2022
  • 6 Beds
  • 3 Baths
  • 2,604 Sq.Ft.
Sold
$672,000 Sold Price as of 05/02/2022 Refinance Your Mortgage
Map preview of 150 E 55Th St, Los Angeles, CA 90011

Property Overview: 150 E 55Th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,604 living square feet and 5,330 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Triplex Investment Opportunity! Great Financials, Convenient location near USC & 110 freeway. Near schools, restaurants, and shopping centers. The property is separately metered for gas and electricity. Property is performing at market rents, GREAT FINANCIALS! ALMOST 10% CAP RATE!!

Listed by Mark Perez | BRE #01279393 | So Cal Properties
Co-listed by Sandra Navarro | BRE #02148448 | Keller Williams Pacific Estate
Last checked: 15 minutes ago | Last updated: May 10th, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
5,330
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS21257029
City
Los Angeles
County
Los Angeles
Time on Site
878 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,200
  • Net Operating Income: $71,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,000
  • Electric: $1,000
  • Gas/Fuel: $0
  • Trash: $1,000
  • Insurance: $0
  • Maintenance: $1,000
  • Water/Sewer: $1,000

Property Details for 150 E 55Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5101015026
  • Year Built Source: Estimated
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: N/A
Neighborhood Information
  • Community Features: Biking, Dog Park, Park, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 150 E 55Th St

Last sold for $672,000 on May 2nd, 2022

  • May, 2022

  • May 2, 2022

    Date

    Sold

    CRMLS: RS21257029

    $672,000

    Price

  • Dec 4, 2021

    Date

    Active

    CRMLS: RS21257029

    $739,000

    Price

  • April, 2018

  • Apr 27, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2018

  • Jan 9, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 150 E 55Th St

Assessed Value (2020): $577,422
Year Land Value Improved Value Assessed Value
2020 $416,160 $161,262 $577,422

Home Value Compared to the Market

This property vs the competition

150 E 55Th St sold on May 2, 2022 for 33.43% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $268.43 per/sqft which puts the price per square foot 63.63% lower than the current median sale per square foot for the city of Los Angeles.

About 150 E 55Th St

Detailed summary of property

150 E 55Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,604 living square feet, and sits on an approximately 5,330 square foot lot. 150 E 55Th St was first listed on ArdentRealEstateGroup.com on December 1, 2021. The homeowner sold the property for $672,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.43% lower than the current median priced home. Local homes that are currently for sale include 6211 S Broadway, 164 W Vernon Ave and 700 W 53rd St. While the average home in Los Angeles, CA is selling in 97 days, 150 E 55Th St has a days on market of 70 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 150 E 55Th 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 150 E 55Th St

Public county record property details
Beds
6
Baths
4
Year built
1905
Sq. Ft.
2,604
Lot Size
5,329
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
43
APN
5101-015-026

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
$620,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$543,077
Median Sold Price/Sq.Ft.
$393
Total Inventory
41
Median Sale to List Price %
94.45%
Avg Days on Market
18
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (0%)

Thinking of Selling?

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(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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