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1517 E 53Rd St, Los Angeles, CA 90011
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1517 E 53Rd St Los Angeles, CA 90011

$700,000 Sold Price as of 12/22/2023
  • 5 Beds
  • 3 Baths
  • 1,692 Sq.Ft.
Sold
$700,000 Sold Price as of 12/22/2023 Refinance Your Mortgage
Map preview of 1517 E 53Rd St, Los Angeles, CA 90011

Property Overview: 1517 E 53Rd St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,692 living square feet and 5,428 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property presents an excellent investment for two families. BOTH units are detached with separate access. Home is walking distance from the park where you can enjoy a brisk walk, enjoy a cup of coffee. Home is centrally located near freeways, Downtown LA, restaurants & shopping centers.

Listed by Mel Robles | BRE #01169359 | VIP Real Estate Firm
Last checked: 10 minutes ago | Last updated: January 23rd, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
5,428
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW23179474
City
Los Angeles
County
Los Angeles
Time on Site
229 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $51,946
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,054
  • Electric: $1,320
  • Gas/Fuel: $792
  • Trash: $1,560
  • Insurance: $1,400
  • Water/Sewer: $1,782

Property Details for 1517 E 53Rd St

Interior Features
Laundry Information
  • Has Laundry
  • In Kitchen
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Other
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5105002020
  • Year Built Source: Other
  • Entry Level: 1517
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Compton & Long Beach Ave
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 1517 E 53Rd St

Last sold for $700,000 on December 22nd, 2023

  • December, 2023

  • Dec 22, 2023

    Date

    Sold

    CRMLS: DW23179474

    $700,000

    Price

  • Oct 3, 2023

    Date

    Active

    CRMLS: DW23179474

    $749,000

    Price

  • December, 2011

  • Dec 15, 2011

    Date

    Sold (Public Records)

    Public Records

    $246,400

    Price

  • May, 1994

  • May 16, 1994

    Date

    Sold (Public Records)

    Public Records

    $103,000

    Price

Show More

Tax History for 1517 E 53Rd St

Assessed Value (2020): $309,207
Year Land Value Improved Value Assessed Value
2020 $122,609 $186,598 $309,207

Home Value Compared to the Market

This property vs the competition

1517 E 53Rd St sold on December 22, 2023 for 37.06% 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 $442.67 per/sqft which puts the price per square foot 41.37% lower than the current median sale per square foot for the city of Los Angeles.

About 1517 E 53Rd St

Detailed summary of property

1517 E 53Rd St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,692 living square feet, and sits on an approximately 5,428 square foot lot. 1517 E 53Rd St was first listed on ArdentRealEstateGroup.com on October 3, 2023. The homeowner sold the property for $700,000. 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 37.06% lower than the current median priced home. Local homes that are currently for sale include 876 E 41st Pl, 483 E 49th St and 488 E 47Th St. While the average home in Los Angeles, CA is selling in 92 days, 1517 E 53Rd St has a days on market of 5 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1517 E 53Rd 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 1517 E 53Rd St

Public county record property details
Beds
5
Baths
3
Year built
--
Sq. Ft.
1,692
Lot Size
5,427
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
98
APN
5105-002-020

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
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Call, Text or Message
(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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