1625 W 55th St, Los Angeles, CA 90062
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1625 W 55th St Los Angeles, CA 90062

$625,000 Sold Price as of 07/02/2019
  • 4 Beds
  • 3 Baths
  • 2,306 Sq.Ft.
Sold
$625,000 Sold Price as of 07/02/2019 Refinance Your Mortgage

Map preview of 1625 W 55th St, Los Angeles, CA 90062

Property Overview: 1625 W 55th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,306 living square feet and 4,968 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This beautifully renovated duplex is light an bright and features 2 completely detached units each with private entrances. The front unit has great curb appeal with a lovely gated front lawn and landscaping. A large covered front porch is the perfect place to enjoy warm Los Angeles evenings. Inside the front unit with A/C, hardwood floors carry throughout. The living room is spacious with a traditional brick fireplace. The dining room featuring built-ins leads right into the kitchen and is large enough for entertaining. The kitchen is generously sized and offers a refrigerator, stove and breakfast counter. The kitchen also features washer/dryer hook ups. The kitchen opens to a bonus space that can be used as a separate family room or additional dining area. On this level there are also 2 bedrooms with shared closet and a full bathroom. Upstairs is an additional room with a bathroom and closet. This space could easily be used as a bedroom, media room or in-home office. Tax assessor states this is a 4 bedroom home. The back unit can be accessed from a long side yard from the front of the property or from the back of the lot. This completely detached 1 bed / 1 bath has a living room, storage closet, kitchen and dining area with an attached 1 car garage. This property has endless opportunities; live in 1 and rent the other, rent both units, live in and use 2nd unit as a guest house, or dream up your own possibilities!

Listed by Edward Kaminsky | BRE #00958114 | Strand Hill Christies International Real Estate
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
4,968
HOA Dues
$0/mo
Year built
1919
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
SB19087293
City
Los Angeles
County
Los Angeles
Time on Site
1265 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: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $43,200
  • Net Operating Income: $31,800
  • Gross Operating Income: $43,200
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,800
  • Trash: $1,200
  • Insurance: $1,200
  • Water/Sewer: $1,200

Property Details for 1625 W 55th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Kitchen, Washer Hookup
Room Information
  • Flooring: Carpet, Wood
  • All Bedrooms Down, Bonus Room, Den, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Built-In Range, Freezer, Gas Oven, Range Hood, Refrigerator
Interior Features
  • Built-in Features, Stone Counters
  • Levels: Two
  • Security Features: Window Bars, Wired for Alarm System
Exterior Features
Exterior Information
  • Has Fence
  • Wood
  • Other Structures: Shed(s), Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
Lot Information
  • Lot Features: Front Yard, Landscaped, Lawn
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5003019030
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: from freeway, west on Slauson, north on Denker, west on 55th St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Suburban
View more facts & features

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Sale History for 1625 W 55th St

Last sold for $625,000 on July 2nd, 2019
  • July, 2019

  • Jul 3, 2019

    Date

    Sold

    CRMLS: SB19087667

    $625,000

    Price

  • Jun 24, 2019

    Date

    Pending

    CRMLS: SB19087667

    $630,900

    Price

  • May 28, 2019

    Date

    Active Under Contract

    CRMLS: SB19087667

    $630,900

    Price

  • May 15, 2019

    Date

    Price Change

    CRMLS: SB19087667

    $630,900

    Price

  • Apr 19, 2019

    Date

    Active

    CRMLS: SB19087667

    $650,000

    Price

  • Apr 18, 2019

    Date

    Active

    CRMLS: SB19087667

    $650,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2019

  • Jul 3, 2019

    Date

    Sold

    CRMLS: SB19087293

    $625,000

    Price

  • Jun 27, 2019

    Date

    Pending

    CRMLS: SB19087293

    $630,900

    Price

  • Jun 27, 2019

    Date

    Active Under Contract

    CRMLS: SB19087293

    $630,900

    Price

  • Jun 24, 2019

    Date

    Pending

    CRMLS: SB19087293

    $630,900

    Price

  • May 28, 2019

    Date

    Active Under Contract

    CRMLS: SB19087293

    $630,900

    Price

  • May 15, 2019

    Date

    Price Change

    CRMLS: SB19087293

    $630,900

    Price

  • Apr 18, 2019

    Date

    Active

    CRMLS: SB19087293

    $650,000

    Price

  • July, 2019

  • Jul 2, 2019

    Date

    Sold (Public Records)

    Public Records

    $625,000

    Price

  • January, 2019

  • Jan 10, 2019

    Date

    Expired

    CRMLS: DW18248088

    $849,999

    Price

  • Oct 11, 2018

    Date

    Active

    CRMLS: DW18248088

    $849,999

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 1625 W 55th St

Assessed Value (2020): $625,000
Year Land Value Improved Value Assessed Value
2020 $500,000 $125,000 $625,000

Home Value Compared to the Market

This property vs the competition

1625 W 55th St sold on July 2, 2019 for 44.17% 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 $273.59 per/sqft which puts the price per square foot 63.71% lower than the current median sale per square foot for the city of Los Angeles.

About 1625 W 55th St

Detailed summary of property

1625 W 55th St is a duplex that recently sold in Los Angeles, CA 90062. This duplex offered 4 bedrooms, 3 bathrooms, roughly 2,306 living square feet, and sits on an approximately 4,968 square foot lot. 1625 W 55th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $625,000. 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 44.17% lower than the current median priced home. Local homes that are currently for sale include 1513 W Florence Ave, 4422 3rd Ave and 820-822 W 61st St. While the average home in Los Angeles, CA is selling in 99 days, 1625 W 55th St has a days on market of 38 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 1625 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 1625 W 55th St

Public county record property details
Beds
5
Baths
3
Year built
1919
Sq. Ft.
2,306
Lot Size
4,968
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5003-019-030

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.
$573
Median Sold Price
$785,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
39
Median Sale to List Price %
101.29%
Avg Days on Market
42
Loan Type
Conventional (50%), FHA (16.67%), VA (0%), Cash (16.67%), Other (16.67%)

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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.