1553 2Nd Ave Los Angeles, CA 90019

$--

8 Beds
8 Baths
6,350 Sq.Ft.

Off Market

Map preview of 1553 2Nd Ave, Los Angeles, CA 90019

Property Overview: 1553 2Nd Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 6,350 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1553 2Nd Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1553 2Nd Ave

Last sold on April 3rd, 2019

October, 2020
Oct 9, 2020

Date

Expired

CRMLS: SR20135511

$1,995,000

Price
Sep 9, 2020

Date

Price Change

CRMLS: SR20135511

$1,995,000

Price
Jul 10, 2020

Date

Active

CRMLS: SR20135511

$2,099,000

Price
Listing provided courtesy of CRMLS

PRICE IMPROVEMENT ($100K+) / 4.45 CAP & 12xGross on CURRENT ACTUAL #s!!! Synergy Investment Group, as Exclusive Agents, is pleased to provide the opportunity to acquire this charming 8-unit Multifamily asset in the highly sought after Mid-City 90019 zip code. The Property consists of eight (8) Large, Spacious 1-Bed + 1-Bath units each of which includes a Den which can function and is being used as a second Bedroom. Property also boasts of having on-site Garages that generate additional monthly income. Ideal as an Owner-User investment or perfect for any first-time and/or experienced Multifamily Investor looking to add a low maintenance building to their portfolio. Close proximity to the 10, 405, and 110 Freeways and centrally located with short driving distance to Downtown LA and Santa Monica. Nearby immediate cities include Hollywood, Downtown Los Angeles, Santa Monica, Universal Studios, and Inglewood to name a few. And with a sound, diverse demographic, the property is ideally located to nearby attractions such as Hollywood Bowl, Staples Center, SoFi Stadium, LA Memorial Coliseum, and other LA hot spots.

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April, 2019
Apr 3, 2019

Date

Sold (Public Records)

Public Records

--

Price
May, 2014
May 16, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1553 2Nd Ave

Assessed Value (2020): $970,479

Year	Land Value	Improved Value	Assessed Value
2020	$574,249	$396,230	$970,479

About 1553 2Nd Ave

Detailed summary of property

1553 2Nd Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and is currently off market. This property has 8 bedrooms, 8 bathrooms, roughly 6,350 living square feet, and sits on an approximately 7,500 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Local nearby listings include 1401 S St Andrews Pl #311, 1035 Westchester Pl and 1201 S St Andrews Pl. The average home in Los Angeles, CA is selling in 92 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. If you are the homeowner and looking to sell the home at 1553 2Nd Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1553 2Nd Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1936
Sq. Ft.: 6,350
Lot Size: 7,500
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11
APN: 5072-035-011

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,599,800

Median List Price/Sq.Ft.

$696

Median Sold Price

$1,620,000

Median Sold Price/Sq.Ft.

$777

Total Inventory

Median Sale to List Price %

95.58%

Avg Days on Market

Loan Type

Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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(714) 706-1823

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