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1643 W 53rd St, Los Angeles, CA 90062
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1643 W 53rd St Los Angeles, CA 90062

$648,000 Sold Price as of 04/12/2019
  • 5 Beds
  • 4 Baths
  • 2,191 Sq.Ft.
Sold
$648,000 Sold Price as of 04/12/2019 Refinance Your Mortgage
Map preview of 1643 W 53rd St, Los Angeles, CA 90062

Property Overview: 1643 W 53rd St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,191 living square feet and 5,320 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Please submit all Back-Up Offers!!! Two gorgeous units in the heart of LA, This beautifully remodeled Craftsman style duplex, is absolutely a perfect opportunity for an investor or owner/user. There are 2 electric meters on the property. The property has 2 different layouts. Rear Unit 1, has 2 bedroom 2 baths. Front Unit has 3 bedroom 2 baths. Beautiful brick pavement in the back. Car port for 2 Vehicles and a long stretched driveway. Rear Unit is newly built and is a RSO. Exceptional upside & potential, on a nice-sized lot. Buyer to investigate and verify square footage, zoning and overall condition of the property. Property is Being Sold "AS IS".

Listed by Michael Pourmirza | BRE #01016425 | Peak Commercial
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
5,320
HOA Dues
$0/mo
Year built
1914
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR19013053
City
Los Angeles
County
Los Angeles
Time on Site
1263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $40,500
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,500
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1643 W 53rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • Has Fireplace
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
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: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5003011023
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Take 405 South to the 10 East, exit Western Ave, Make a right heading south, make a left on 53rd street. Property on the left
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1643 W 53rd St

Last sold for $648,000 on April 12th, 2019

  • April, 2019

  • Apr 15, 2019

    Date

    Sold

    CRMLS: SR19013053

    $648,000

    Price

  • Apr 3, 2019

    Date

    Pending

    CRMLS: SR19013053

    $648,000

    Price

  • Mar 11, 2019

    Date

    Active Under Contract

    CRMLS: SR19013053

    $648,000

    Price

  • Mar 7, 2019

    Date

    Active

    CRMLS: SR19013053

    $648,000

    Price

  • Feb 11, 2019

    Date

    Active Under Contract

    CRMLS: SR19013053

    $648,000

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: SR19013053

    $648,000

    Price

  • April, 2019

  • Apr 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $648,000

    Price

  • January, 2019

  • Jan 12, 2019

    Date

    Expired

    CRMLS: SR18140958

    $649,000

    Price

  • Jan 11, 2019

    Date

    Active

    CRMLS: SR18140958

    $649,000

    Price

  • Nov 19, 2018

    Date

    Active Under Contract

    CRMLS: SR18140958

    $649,000

    Price

  • Oct 11, 2018

    Date

    Active

    CRMLS: SR18140958

    $649,000

    Price

  • Sep 13, 2018

    Date

    Active Under Contract

    CRMLS: SR18140958

    $649,000

    Price

  • Aug 22, 2018

    Date

    Price Change

    CRMLS: SR18140958

    $649,000

    Price

  • Jul 24, 2018

    Date

    Price Change

    CRMLS: SR18140958

    $677,000

    Price

  • Jul 3, 2018

    Date

    Active

    CRMLS: SR18140958

    $678,000

    Price

  • Jun 29, 2018

    Date

    Active Under Contract

    CRMLS: SR18140958

    $678,000

    Price

  • Jun 14, 2018

    Date

    Active

    CRMLS: SR18140958

    $678,000

    Price

  • Listing provided courtesy of CRMLS

    Fell out of escrow, back on the Market!!! Two gorgeous units in the heart of LA, This beautifully remodeled Craftsman style duplex, is absolutely a perfect opportunity for an investor or owner/user. There are 2 electric meters on the property. The property has 2 different layouts. Rear Unit 1, has 2 bedroom 2 baths. Front Unit has 3 bedroom 2 baths. Beautiful brick pavement in the back. Car port for 2 Vehicles and a long stretched driveway. Rear Unit is newly built and is a RSO. Exceptional upside & potential, on a nice-sized lot. Buyer to investigate and verify square footage, zoning and overall condition of the property. Property is Being Sold "AS IS".

  • February, 2016

  • Feb 12, 2016

    Date

    Sold (Public Records)

    Public Records

    $298,000

    Price

Show More

Tax History for 1643 W 53rd St

Assessed Value (2020): $660,960
Year Land Value Improved Value Assessed Value
2020 $456,960 $204,000 $660,960

Home Value Compared to the Market

This property vs the competition

1643 W 53rd St sold on April 12, 2019 for 42.65% 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 $295.76 per/sqft which puts the price per square foot 60.78% lower than the current median sale per square foot for the city of Los Angeles.

About 1643 W 53rd St

Detailed summary of property

1643 W 53rd St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,191 living square feet, and sits on an approximately 5,320 square foot lot. 1643 W 53rd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $648,000. 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 42.65% lower than the current median priced home. Local homes that are currently for sale include 4422 3rd Ave, 1020 W 61St St and 1513 W Florence Ave. While the average home in Los Angeles, CA is selling in 98 days, 1643 W 53rd St has a days on market of 12 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1643 W 53rd 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 1643 W 53rd St

Public county record property details
Beds
5
Baths
4
Year built
1914
Sq. Ft.
2,003
Lot Size
5,320
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5003-011-023

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%)

Thinking of Selling?

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(714) 706-1823

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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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