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1510 W 53Rd St, Los Angeles, CA 90062
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1510 W 53Rd St Los Angeles, CA 90062

$699,000
  • 4 Beds
  • 2 Baths
  • 1,696 Sq.Ft.
For Sale
$699,000 Get Pre-Qualified
Map preview of 1510 W 53Rd St, Los Angeles, CA 90062

Property Overview: 1510 W 53Rd St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,696 living square feet and 5,673 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: Welcome to this charming Spanish Duplex, a perfect opportunity for investors or owner-users seeking a property with income potential. Each unit offers 2 bedrooms and 1 bath and is being sold with tenants in place in 'as is' condition. The current rental income is $1505 for one unit and $1600 for the other. Showings are available with an offer, pre-approval, and proof of funds. Don't miss the chance to own this attractive Spanish-style property providing immediate rental income.

Listed by Robert A Rodriguez | BRE #01939553 | Compass
Last checked: 14 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
5,673
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24373888
City
Los Angeles
County
Los Angeles
Time on Site
34 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,505
  • Total Rent: $1,505
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.7%
  • Gross Rent Multiplier: 225
  • Gross Scheduled Income: --
  • Net Operating Income: $32,940
  • Gross Operating Income: $37,260
Annual Expense Breakdown
  • Total Operating Expense: --
  • Gardener: $60
  • Water/Sewer: $300

Open Houses for 1510 W 53Rd St

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Property Details for 1510 W 53Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 5003015018
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From the 110 Fwy exit at Slauson Ave and head west. Turn right on Normandie Ave and left on 53rd St. The Duplex will be on your left.
View more facts & features

Local Los Angeles Agent

Sale History for 1510 W 53Rd St

Last sold for $159,000 on June 27th, 1996

  • March, 2024

  • Mar 28, 2024

    Date

    Active

    CRMLS: 24373888

    $699,000

    Price

  • June, 1996

  • Jun 27, 1996

    Date

    Sold (Public Records)

    Public Records

    $159,000

    Price

  • March, 1996

  • Mar 12, 1996

    Date

    Sold (Public Records)

    Public Records

    $70,000

    Price

Show More

Tax History for 1510 W 53Rd St

Assessed Value (2020): $245,817
Year Land Value Improved Value Assessed Value
2020 $142,777 $103,040 $245,817

Home Value Compared to the Market

This property vs the competition

1510 W 53Rd St is listed 42.94% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $412.15 per/sqft which puts the price per square foot 46.75% lower than the median price per square foot for the city of Los Angeles.

About 1510 W 53Rd St

Detailed summary of property

1510 W 53Rd St is a multi family located in Los Angeles, CA 90062 and is currently for sale. This multi family property offers 4 bedrooms, 2 bathrooms, roughly 1,696 living square feet, and sits on an approximately 5,673 square foot lot. 1510 W 53Rd St was first listed on ArdentRealEstateGroup.com on March 29, 2024. The homeowner is currently asking $699,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 42.94% lower than the median priced home. Local competing homes currently for sale include 1745 59th Pl, 1745 W 59th Pl and 1496 W Vernon Ave. While the average home in Los Angeles, CA is selling in 96 days, 1510 W 53Rd St has a days on market of 28 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1510 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 1510 W 53Rd St

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,696
Lot Size
5,671
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
5003-015-018

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
$799,999
Median List Price/Sq.Ft.
$576
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%)

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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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