1553 E 43rd St, Los Angeles, CA 90011
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1553 E 43rd St Los Angeles, CA 90011

$455,000 Sold Price as of 01/06/2020
  • 3 Beds
  • 2 Baths
  • 1,598 Sq.Ft.
Sold
$455,000 Sold Price as of 01/06/2020 Refinance Your Mortgage

Map preview of 1553 E 43rd St, Los Angeles, CA 90011

Property Overview: 1553 E 43rd St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,598 living square feet and 5,058 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Front unit remodeled recently. All tenant occupied. Great Investment property with positive cash flow near Down Town Los Angeles.

Listed by Hovik Tahmasian | BRE #01892407 | Coldwell Banker Hallmark
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
5,058
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
319004032
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 6
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: $927
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 7
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 8
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 9
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 10
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 11
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 12
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 13
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0

Property Details for 1553 E 43rd St

Interior Features
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5116016020
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: Cross Streets: Compton & Long Beach Blvd
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Sale History for 1553 E 43rd St

Last sold for $455,000 on January 6th, 2020
  • January, 2020

  • Jan 7, 2020

    Date

    Sold

    CRMLS: 319004032

    $455,000

    Price

  • Dec 14, 2019

    Date

    Pending

    CRMLS: 319004032

    $454,900

    Price

  • Nov 15, 2019

    Date

    Active Under Contract

    CRMLS: 319004032

    $454,900

    Price

  • Oct 15, 2019

    Date

    Price Change

    CRMLS: 319004032

    $454,900

    Price

  • Oct 8, 2019

    Date

    Active

    CRMLS: 319004032

    $489,000

    Price

  • January, 2020

  • Jan 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

  • November, 2017

  • Nov 29, 2017

    Date

    Sold

    CRMLS: 317004781

    $330,000

    Price

  • May 29, 2017

    Date

    Pending

    CRMLS: 317004781

    $368,000

    Price

  • Listing provided courtesy of CRMLS

    Front house 2Br, 1 Bth, owner occupied. will be vacant at C.O.E. back house 1Br. 1bth Tenant occupied Gated with 2 parking spaces,

  • November, 2017

  • Nov 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

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Tax History for 1553 E 43rd St

Assessed Value (2020): $343,332
Year Land Value Improved Value Assessed Value
2020 $291,312 $52,020 $343,332

Home Value Compared to the Market

This property vs the competition

1553 E 43rd St sold on January 6, 2020 for 64.29% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $284.67 per/sqft which puts the price per square foot 64.01% lower than the current median sale per square foot for the city of Los Angeles.

About 1553 E 43rd St

Detailed summary of property

1553 E 43rd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,598 living square feet, and sits on an approximately 5,058 square foot lot. 1553 E 43rd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $455,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 64.29% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 100 days, 1553 E 43rd St has a days on market of 67 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1553 E 43rd 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 1553 E 43rd St

Public county record property details
Beds
3
Baths
2
Year built
1927
Sq. Ft.
1,598
Lot Size
5,057
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5116-016-020

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
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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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.