1620 W 55Th St, Los Angeles, CA 90062
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1620 W 55Th St Los Angeles, CA 90062

$640,000 Sold Price as of 05/10/2022
  • 3 Beds
  • 3 Baths
  • 1,584 Sq.Ft.
Sold
$640,000 Sold Price as of 05/10/2022 Refinance Your Mortgage

Map preview of 1620 W 55Th St, Los Angeles, CA 90062

Property Overview: 1620 W 55Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,584 living square feet and 4,450 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK TO MARKET !!!!!SELLER VERY MOTIVATED TO SELL!!!!!!!!! BRING YOUR BUYERS !!!!!PRICE REDUCTION AS OF 11/29/2021.. TRIPLEX 1 BEDROOM 1 BATH EACH UNIT. 3 CAR GARAGE.....OWNER OCCUPIED 1 UNIT AND OTHER UNITS ARE TENANT OCCUPIED. SELLER VERY MOTIVATED TO SELL READY TO RETIRED AND WILLING TO SEE ALL OFFERS. SHOWING ONLY BY APPOINTMENT PLEASE DO NOT DISTURB OWNER NEITHER TENANTS. PLEASE DO NOT GO DIRECT. TENANTS ARE VERY COOPERATIVE. SELLER MIGHT NEED RENT BACK AT LEAST 2 MONTHS AFTER THE SELL OF THE PROPERTY. PROPERTY EXCELENT FOR INVESTMENT

Listed by Ulises Zarco | BRE #01125056 | Cal-State Real Estate
Last checked: 2 minutes ago | Last updated: May 10th, 2022 | Source CRMLS | DOM: 180

Home details

Lot Sq. Ft
4,450
HOA Dues
$0/mo
Year built
1925
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21179803
City
Los Angeles
County
Los Angeles
Time on Site
1048 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1620 W 55Th St

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5003022006
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Western Ave and Denker
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 1620 W 55Th St

Last sold for $640,000 on May 10th, 2022
  • April, 2022

  • Apr 2, 2022

    Date

    Active Under Contract

    CRMLS: PW21179803

    $675,000

    Price

  • Sep 20, 2021

    Date

    Price Change

    CRMLS: PW21179803

    $675,000

    Price

  • Aug 19, 2021

    Date

    Active

    CRMLS: PW21179803

    $700,000

    Price

  • April, 2006

  • Apr 26, 2006

    Date

    Sold (Public Records)

    Public Records

    $549,000

    Price

  • March, 2004

  • Mar 10, 2004

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

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Tax History for 1620 W 55Th St

Assessed Value (2020): $570,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $170,000 $570,000

Home Value Compared to the Market

This property vs the competition

1620 W 55Th St sold on May 10, 2022 for 43.36% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $404.04 per/sqft which puts the price per square foot 46.41% lower than the current median sale per square foot for the city of Los Angeles.

About 1620 W 55Th St

Detailed summary of property

1620 W 55Th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,584 living square feet, and sits on an approximately 4,450 square foot lot. 1620 W 55Th St was first listed on ArdentRealEstateGroup.com on August 20, 2021. The homeowner sold the property for $640,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 43.36% lower than the current median priced home. Local homes that are currently for sale include 4422 3rd Ave, 820-822 W 61st St and 937 W 68th St. While the average home in Los Angeles, CA is selling in 99 days, 1620 W 55Th St has a days on market of 180 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1620 W 55Th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1620 W 55Th St

Public county record property details
Beds
3
Baths
3
Year built
1925
Sq. Ft.
1,584
Lot Size
4,450
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5003-022-006

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$875,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
36
Median Sale to List Price %
94.12%
Avg Days on Market
22
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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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.