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162 E 54th St, Los Angeles, CA 90011
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162 E 54th St Los Angeles, CA 90011

$585,000 Sold Price as of 07/30/2021
  • 5 Beds
  • 3 Baths
  • 1,499 Sq.Ft.
Sold
$585,000 Sold Price as of 07/30/2021 Refinance Your Mortgage
Map preview of 162 E 54th St, Los Angeles, CA 90011

Property Overview: 162 E 54th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,499 living square feet and 5,322 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Two houses on a lot. Great opportunity fist time buyers. front house is 3 bedrooms and 2 Baths whit a large driveway up to 3 cars is owner occupied. rear unit is 2 Bedroom one bath with month to month tenants are in good standing with the rent. Gated access front back alley with two car garage and space for up to 3 cars. has Great location near Downtown Los Angeles, close to shopping centers shops, restaurants, markets and schools.

Listed by Mercy Monroy | BRE #01041725 | Excellence RE Real Estate
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,322
HOA Dues
$0/mo
Year built
1909
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW21100535
City
Los Angeles
County
Los Angeles
Time on Site
1079 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $18,000
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Personal Property: $0
  • Improvements Total: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $100
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $3,000
  • Furniture Replacement: $0
  • Trash: $100
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $720
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $100
  • Other Expenses: $820
  • Other Expense Description: 3000

Property Details for 162 E 54th St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
Kitchen Information
  • No Appliances
  • None
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
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: Front Yard, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5101013012
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available
Location / Neighborhood
Location Information
  • Directions: In between Main St and San Pedro St
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 162 E 54th St

Last sold for $585,000 on July 30th, 2021

  • August, 2021

  • Aug 2, 2021

    Date

    Sold

    CRMLS: DW21100535

    $585,000

    Price

  • Jun 14, 2021

    Date

    Pending

    CRMLS: DW21100535

    $569,000

    Price

  • May 14, 2021

    Date

    Active

    CRMLS: DW21100535

    $569,000

    Price

  • April, 2021

  • Apr 30, 2021

    Date

    Expired

    CRMLS: DW20100281

    $499,000

    Price

  • Apr 30, 2021

    Date

    Active

    CRMLS: DW20100281

    $499,000

    Price

  • Apr 29, 2021

    Date

    Hold

    CRMLS: DW20100281

    $499,000

    Price

  • Sep 16, 2020

    Date

    Pending

    CRMLS: DW20100281

    $499,000

    Price

  • Aug 4, 2020

    Date

    Price Change

    CRMLS: DW20100281

    $499,000

    Price

  • Jun 29, 2020

    Date

    Price Change

    CRMLS: DW20100281

    $509,000

    Price

  • May 26, 2020

    Date

    Active

    CRMLS: DW20100281

    $529,000

    Price

  • Listing provided courtesy of CRMLS

    !!PRICE REDUCTION!!! Welcome to a GREAT OPPORTUNITY located at 162 E 54th St,Los Angeles! Two units located just a block away from major shopping centers and freeways! This property consist of a 3 bedroom 2 bathroom unit and a 2 bedroom 1 bath unit! This property is in fair condition and does need a bit of TLC. The three bedroom unit will be DELIVERED VACANT! There is a great rental demand in this area of Los Angeles! Make an offer today this property will not last!

  • December, 1999

  • Dec 3, 1999

    Date

    Sold (Public Records)

    Public Records

    $149,000

    Price

  • May, 1995

  • May 1, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 162 E 54th St

Assessed Value (2020): $244,394
Year Land Value Improved Value Assessed Value
2020 $110,732 $133,662 $244,394

Home Value Compared to the Market

This property vs the competition

162 E 54th St sold on July 30, 2021 for 45.81% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $379.59 per/sqft which puts the price per square foot 48.57% lower than the current median sale per square foot for the city of Los Angeles.

About 162 E 54th St

Detailed summary of property

162 E 54th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,499 living square feet, and sits on an approximately 5,322 square foot lot. 162 E 54th St was first listed on ArdentRealEstateGroup.com on May 14, 2021. The homeowner sold the property for $585,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 45.81% lower than the current median priced home. Local homes that are currently for sale include 700 W 53rd St, 4907 Wadsworth Ave and 440 W Gage Ave. While the average home in Los Angeles, CA is selling in 97 days, 162 E 54th St has a days on market of 20 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 162 E 54th 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 162 E 54th St

Public county record property details
Beds
5
Baths
2
Year built
1909
Sq. Ft.
1,499
Lot Size
5,321
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5101-013-012

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
$620,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$543,077
Median Sold Price/Sq.Ft.
$393
Total Inventory
41
Median Sale to List Price %
94.45%
Avg Days on Market
18
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
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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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