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1604 N Avenue 56, Los Angeles, CA 90042
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1604 N Avenue 56 Los Angeles, CA 90042

$1,500,000 Sold Price as of 07/27/2021
  • 5 Beds
  • 2 Baths
  • 1,452 Sq.Ft.
Sold
$1,500,000 Sold Price as of 07/27/2021 Refinance Your Mortgage
Map preview of 1604 N Avenue 56, Los Angeles, CA 90042

Property Overview: 1604 N Avenue 56 Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,452 living square feet and 6,074 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Highland Park hilltop show stopper! This magical cottage can only fully be experienced in person. Privacy and views provide for a magical retreat from the city. This property boast two stand alone houses on a lot in Highland Park. Located in the much sought after streets north of York, this oasis will take your breath away. Walk to the shops and restaurants on York and enjoy fantastic sunsets from every room. First, a private cottage sanctuary with panoramic views is delivered vacant with a one-car garage. Comes with a backyard built to entertain or enjoy the peaceful serenity of its privacy. A true labor of love, the owner thoughtfully updated it with AC, electric, plumbing, and drainage while respecting much of the original character...something hard to find. The cabins floor plan opens out to different yard areas and offers sight lines to take in sunsets and the rolling hills of northeast LA from every room. The yard is remarkably flat and usable for a hillside home and offers a recently built fireplace, room to entertain and space to create, grow things or hang out. The lower front house is a traditional two bedroom, 1 bath + office rental unit that brings in $2,600/mo (below market) to offset the mortgage. There is a lot to love about this property both aesthetically and from an investment standpoint. We look forward to sharing it with you!

Listed by Imraan Ali | BRE #01391639 | Compass
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,074
HOA Dues
$0/mo
Year built
1926
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
21745704
City
Los Angeles
County
Los Angeles
Time on Site
1071 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1604 N Avenue 56

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Zoned
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Outside
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage - Single Door
Property Information
  • Has View
  • View: Hills, Mountain(s)
  • Total # of Units: 2
  • Parcel Number: 5485003002
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of York Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1604 N Avenue 56

Last sold for $1,500,000 on July 27th, 2021

  • July, 2021

  • Jul 27, 2021

    Date

    Sold

    CRMLS: 21745704

    $1,500,000

    Price

  • Jul 6, 2021

    Date

    Pending

    CRMLS: 21745704

    $1,150,000

    Price

  • Jun 27, 2021

    Date

    Active Under Contract

    CRMLS: 21745704

    $1,150,000

    Price

  • Jun 26, 2021

    Date

    Withdrawn

    CRMLS: 21745704

    $1,150,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: 21745704

    $1,150,000

    Price

  • April, 2019

  • Apr 16, 2019

    Date

    Sold

    CRMLS: 18413990

    $845,000

    Price

  • Apr 9, 2019

    Date

    Pending

    CRMLS: 18413990

    $797,000

    Price

  • Jan 20, 2019

    Date

    Active Under Contract

    CRMLS: 18413990

    $797,000

    Price

  • Dec 18, 2018

    Date

    Active

    CRMLS: 18413990

    $797,000

    Price

  • Listing provided courtesy of CRMLS

    This may be the one for which you've waited all year! 2 houses on a lot in PRIME Highland Park location with unobstructed views, outdoor areas and bohemian charm along with a cash flow opportunity!! And it gets better with the rear unit being delivered vacant!!! Front house is a 2/1 with bonus room and garage and brings in $2,500/month. Rear house is set well above the street with it's own private large flat yard overlooking the hills of Highland Park toward Occidental College. Rear house is a rad wood paneled cabin with excellent light and unique floor plan that offers views and privacy between the bedrooms. Both houses and grounds could eventually use some love. This is a rare opportunity to live north of York Blvd, build sweat equity and enjoy the benefits of income.

  • April, 2019

  • Apr 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $845,000

    Price

  • April, 2016

  • Apr 4, 2016

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

Show More

Tax History for 1604 N Avenue 56

Assessed Value (2020): $862,260
Year Land Value Improved Value Assessed Value
2020 $642,600 $219,660 $862,260

Home Value Compared to the Market

This property vs the competition

1604 N Avenue 56 sold on July 27, 2021 for 3.36% 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 $792.01 per/sqft which puts the price per square foot 4.9% higher than the current median sale per square foot for the city of Los Angeles.

About 1604 N Avenue 56

Detailed summary of property

1604 N Avenue 56 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,452 living square feet, and sits on an approximately 6,074 square foot lot. 1604 N Avenue 56 was first listed on ArdentRealEstateGroup.com on June 10, 2021. The homeowner sold the property for $1,500,000. 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 3.36% lower than the current median priced home. Local homes that are currently for sale include 4312 Division St, 508 Chestnut Ave and 4420 Verdugo Rd. While the average home in Los Angeles, CA is selling in 94 days, 1604 N Avenue 56 has a days on market of 15 days. 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 1604 N Avenue 56 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1604 N Avenue 56

Public county record property details
Beds
2
Baths
2
Year built
1926
Sq. Ft.
1,480
Lot Size
6,073
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5485-003-002

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
94
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

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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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