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1513 W 58Th Pl, Los Angeles, CA 90047
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1513 W 58Th Pl Los Angeles, CA 90047

$550,000 Sold Price as of 12/06/2019
  • 2 Beds
  • 4 Baths
  • 1,116 Sq.Ft.
Sold
$550,000 Sold Price as of 12/06/2019 Refinance Your Mortgage
Map preview of 1513 W 58Th Pl, Los Angeles, CA 90047

Property Overview: 1513 W 58Th Pl Los Angeles, CA has 2 bedrooms, 4 bathrooms, 1,116 living square feet and 4,815 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Duplex is located within one of Los Angeles' densest areas. It is approximately 1,450 SF on 4,815 SF lot. This Duplex currently consists of 2 - 1 bedroom + 1 den & 2 bathroom units, each with an enclosed garage, per seller. Title represents this property consists of 2 - 1 Bedroom + 1 Bathroom units. Both units have on-site laundry. One of the units is currently vacant. Property has been remodeled inside and outside including newer artificial turf in front of property to cut down on expenses!!!This offering is a great opportunity for an investor to own Duplex within an infill location at an approximate proforma cap of 7.7% Cap Rate.This offering is conveniently located less than 2 miles from the 110 freeway entrance. It is less than 1/4 of a mile from the Slauson Mall and 1/2 a mile from Big Lots & the Food 4 Less / Home Depot Center, with tenants including Walgree

Listed by David Yashar | BRE #01102638 | Keller Williams Realty Westsid
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 147

Home details

Lot Sq. Ft
4,815
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19473634
City
Los Angeles
County
Los Angeles
Time on Site
1347 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,523
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.05
  • Gross Scheduled Income: --
  • Net Operating Income: $45,900
  • Gross Operating Income: $58,800
  • Improvements Total: $150,155
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1513 W 58Th Pl

Interior Features
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete
Property Information
  • Total # of Units: 2
  • Parcel Number: 6002003014
Location / Neighborhood
Location Information
  • Directions: From major intersection of Slauson and Western, head east, turn right at Denker Ave, turn left at W 58th Pl.
View more facts & features

Local Los Angeles Agent

Sale History for 1513 W 58Th Pl

Last sold for $550,000 on December 6th, 2019

  • December, 2019

  • Dec 6, 2019

    Date

    Sold

    CRMLS: 19473634

    $550,000

    Price

  • Oct 28, 2019

    Date

    Active Under Contract

    CRMLS: 19473634

    $575,000

    Price

  • Oct 16, 2019

    Date

    Price Change

    CRMLS: 19473634

    $575,000

    Price

  • Jul 10, 2019

    Date

    Price Change

    CRMLS: 19473634

    $595,000

    Price

  • Jun 3, 2019

    Date

    Active

    CRMLS: 19473634

    $650,000

    Price

  • December, 2019

  • Dec 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • August, 2017

  • Aug 12, 2017

    Date

    Sold

    CRMLS: 17199544

    $307,000

    Price

  • Jul 18, 2017

    Date

    Pending

    CRMLS: 17199544

    $323,000

    Price

  • Jul 10, 2017

    Date

    Price Change

    CRMLS: 17199544

    $323,000

    Price

  • Jun 3, 2017

    Date

    Price Change

    CRMLS: 17199544

    $337,500

    Price

  • Apr 18, 2017

    Date

    Active

    CRMLS: 17199544

    $352,000

    Price

  • Apr 15, 2017

    Date

    Pending

    CRMLS: 17199544

    $352,000

    Price

  • Apr 13, 2017

    Date

    Active

    CRMLS: 17199544

    $352,000

    Price

  • Mar 28, 2017

    Date

    Pending

    CRMLS: 17199544

    $352,000

    Price

  • Mar 10, 2017

    Date

    Price Change

    CRMLS: 17199544

    $352,000

    Price

  • Feb 4, 2017

    Date

    Active

    CRMLS: 17199544

    $369,900

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity. Few miles to USC and DTLA. 1 bed/ 1 bath each with a great layout. Both units are occupied. Tenants come with the property. 2 car garage and 2 parking spaces in the back. Walking distance to schools. Near Shopping centers and easy access to Freeway. Buyer to verify all information and permits to their own satisfaction and rely on their own findings.

  • August, 2017

  • Aug 11, 2017

    Date

    Sold (Public Records)

    Public Records

    $307,000

    Price

Show More

Tax History for 1513 W 58Th Pl

Assessed Value (2020): $550,000
Year Land Value Improved Value Assessed Value
2020 $350,000 $200,000 $550,000

Home Value Compared to the Market

This property vs the competition

1513 W 58Th Pl sold on December 6, 2019 for 48.66% 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 $515.23 per/sqft which puts the price per square foot 28.84% lower than the current median sale per square foot for the city of Los Angeles.

About 1513 W 58Th Pl

Detailed summary of property

1513 W 58Th Pl is a multi family that recently sold in Los Angeles, CA 90047. This multi family property offered 2 bedrooms, 4 bathrooms, roughly 1,116 living square feet, and sits on an approximately 4,815 square foot lot. 1513 W 58Th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $550,000. 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 48.66% lower than the current median priced home. Local homes that are currently for sale include 523 W 76th Street, 157 W 71 St and 8319 S Hoover St. While the average home in Los Angeles, CA is selling in 106 days, 1513 W 58Th Pl has a days on market of 147 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1513 W 58Th Pl Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1513 W 58Th Pl

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,116
Lot Size
4,815
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
98
APN
6002-003-014

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$564
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
101
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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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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