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1516 W 53rd St, Los Angeles, CA 90062
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1516 W 53rd St Los Angeles, CA 90062

$555,000 Sold Price as of 01/26/2021
  • 3 Beds
  • 2 Baths
  • 1,696 Sq.Ft.
Sold
$555,000 Sold Price as of 01/26/2021 Refinance Your Mortgage
Map preview of 1516 W 53rd St, Los Angeles, CA 90062

Property Overview: 1516 W 53rd St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,696 living square feet and 5,665 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET, BACK ON THE MARKET BUYERS ARE NO PERFORMING , ATTENTION FIRST TIME HOME BUYERS, INVESTORS, LIVE IN ONE RENT THE OTHER BEAUTIFUL RECENTLY REMODELED MOVE IN CONDITION FRONT HOUSE BEING USED AS 2 BR, SIDE HOUSE 1 BR TENANT PAYS $1050.00 HARDWOOD FLOORS AND TILE, NEW WINDOWS, CENTRAL AIR AND HEAT, LAUNDRY ROOM, EACH HOUSE HAS 1 CAR GARAGE + 2 CAR PARKING, GARAGE IS BEING USED AS STORAGE, A LOT FRUIT TREES, POMEGRANATE, GUAVA, PEACH, AVOCADO, ORANGE, VEGETABLES, FRESH INSIDE PAINT AND NEW ELECTRIC METERS...

Listed by Hector Gonzalez | BRE #01259959 | Century 21 A Better Service
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,665
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW20194704
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,151
  • Total Rent: $2,151
  • Pro Forma/Market Rent: $2,151
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,668
  • Pro Forma/Market Rent: $1,668
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $45,828
  • Net Operating Income: $44,328
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $6,874
  • Trash: $1,500
  • Insurance: $600
  • Water/Sewer: $1,500

Property Details for 1516 W 53rd St

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
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: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5003015019
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: None
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: normandie/slauson
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1516 W 53rd St

Last sold for $555,000 on January 26th, 2021

  • January, 2021

  • Jan 26, 2021

    Date

    Sold

    CRMLS: DW20194704

    $555,000

    Price

  • Jan 21, 2021

    Date

    Pending

    CRMLS: DW20194704

    $549,900

    Price

  • Dec 22, 2020

    Date

    Active

    CRMLS: DW20194704

    $549,900

    Price

  • Dec 22, 2020

    Date

    Pending

    CRMLS: DW20194704

    $549,900

    Price

  • Dec 5, 2020

    Date

    Sold

    CRMLS: DW20194704

    $555,000

    Price

  • Nov 9, 2020

    Date

    Pending

    CRMLS: DW20194704

    $549,900

    Price

  • Nov 5, 2020

    Date

    Sold

    CRMLS: DW20194704

    $555,000

    Price

  • Sep 23, 2020

    Date

    Pending

    CRMLS: DW20194704

    $549,900

    Price

  • Sep 17, 2020

    Date

    Active

    CRMLS: DW20194704

    $549,900

    Price

  • January, 2021

  • Jan 22, 2021

    Date

    Sold (Public Records)

    Public Records

    $555,000

    Price

  • April, 1999

  • Apr 23, 1999

    Date

    Sold (Public Records)

    Public Records

    $119,000

    Price

Show More

Tax History for 1516 W 53rd St

Assessed Value (2020): $202,606
Year Land Value Improved Value Assessed Value
2020 $135,073 $67,533 $202,606

Home Value Compared to the Market

This property vs the competition

1516 W 53rd St sold on January 26, 2021 for 53.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $324.23 per/sqft which puts the price per square foot 57.06% lower than the current median sale per square foot for the city of Los Angeles.

About 1516 W 53rd St

Detailed summary of property

1516 W 53rd St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,696 living square feet, and sits on an approximately 5,665 square foot lot. 1516 W 53rd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $555,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 53.79% lower than the current median priced home. Local homes that are currently for sale include 444 W Gage Ave, 440 W Gage Ave and 3747 Ruthelen St. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1516 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 1516 W 53rd St

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,696
Lot Size
5,665
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
47
APN
5003-015-019

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
$859,000
Median List Price/Sq.Ft.
$582
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%)

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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