1753 W 103Rd St, Los Angeles, CA 90047
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1753 W 103Rd St Los Angeles, CA 90047

$880,000 Sold Price as of 12/22/2023
  • 6 Beds
  • 2.25 Baths
  • 2,900 Sq.Ft.
Sold
$880,000 Sold Price as of 12/22/2023 Refinance Your Mortgage

Map preview of 1753 W 103Rd St, Los Angeles, CA 90047

Property Overview: 1753 W 103Rd St Los Angeles, CA has 6 bedrooms, 2.25 bathrooms, 2,900 living square feet and 6,511 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1753 West 103rd Street is a triplex comprised of (2) 2-bed/1-bath units, (1) 2-bed/1.25-bath unit and (4) garages in the city of Los Angeles. These three units each have their own address as 1753, 1755 and 1757 W. 103rd Street. Each of the units has inside laundry hookups central air conditioning, forced air heat, dual pane windows and are well maintained. This property is located in the in-demand Westmont community of Los Angeles. Here's the perfect opportunity for any investor or owner/user looking to own a piece of one of Southern California’s last affordable properties in such close proximity to Inglewood, Hollywood Park, YouTube Theater, Sofi Stadium and both Hathaway and Washington Golf Courses. The tax assessor has this building at 1,785 square feet and that does not appear accurate. It measures approx 2,900 +/- square feet and buyers are encouraged to measure and verify all details. 1st time on the market in over 50 years! Two of the three units will be delivered vacant. Opportunity knocks, but rarely this loud.

Listed by Mark Vinton | BRE #01322983 | Vylla Home, Inc.
Last checked: 3 minutes ago | Last updated: December 22nd, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,511
HOA Dues
$0/mo
Year built
1958
Garage
4 Car
Property Type:
Triplex
Status
Sold
MLS#
PW23206859
City
Los Angeles
County
Los Angeles
Time on Site
192 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,157
  • Total Rent: $1
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1
  • Pro Forma/Market Rent: $2,666
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1
  • Pro Forma/Market Rent: $2,666
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8.17%
  • Gross Rent Multiplier: 11.23
  • Gross Scheduled Income: $77,868
  • Net Operating Income: $71,571
  • Gross Operating Income: --
  • # of Rented Garages: 1
Annual Expense Breakdown
  • Total Operating Expense: $6,297
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,897
  • Water/Sewer: $4,400

Property Details for 1753 W 103Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Kitchen, Inside, See Remarks, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Side, Off Street, See Remarks
Lot Information
  • Lot Features: Corner Lot, Front Yard, Garden, Landscaped, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6059001016
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Western North of the 105 and south of Century at 103rd Street
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 1753 W 103Rd St

Last sold for $880,000 on December 22nd, 2023
  • December, 2023

  • Dec 22, 2023

    Date

    Sold

    CRMLS: PW23206859

    $880,000

    Price

  • Nov 7, 2023

    Date

    Active

    CRMLS: PW23206859

    $875,000

    Price

  • November, 2023

  • Nov 7, 2023

    Date

    Canceled

    CRMLS: PW23073880

    $875,000

    Price

  • May 1, 2023

    Date

    Active

    CRMLS: PW23073880

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    1753 West 103rd Street is a triplex made up of (2) 2-bed/1-bath units, (1) 2-bed/2-bath unit and (4) garages in the city of Los Angeles. These three units each have their own address and comprise 1753, 1755 and 1757 W. 103rd Street. Each of the units have inside laundry hookups. These units benefit from forced air heat and air conditioning. This property is located in the in-demand Westmont community of Los Angeles. Here's the perfect opportunity for any buyer or owner/user looking to own a piece of one of Southern California’s last affordable properties in such close proximity to Inglewood, Hollywood Park, YouTube Theater, Sofi Stadium and both Hathaway and Washington Golf Courses. The tax assessor has this building at 1,785 square feet and that does not appear accurate. It measures approx 2,900 +/- square feet and buyers are encouraged to measure and verify all details. 1st time on the market in over 50 years! Opportunity knocks, but rarely this loud.

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Tax History for 1753 W 103Rd St

Assessed Value (2020): $94,751
Year Land Value Improved Value Assessed Value
2020 $22,808 $71,943 $94,751

Home Value Compared to the Market

This property vs the competition

1753 W 103Rd St sold on December 22, 2023 for 26.47% 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 $301.72 per/sqft which puts the price per square foot 60.04% lower than the current median sale per square foot for the city of Los Angeles.

About 1753 W 103Rd St

Detailed summary of property

1753 W 103Rd St is a triplex that recently sold in Los Angeles, CA 90047. This triplex offered 6 bedrooms, 2.25 bathrooms, roughly 2,900 living square feet, and sits on an approximately 6,511 square foot lot. 1753 W 103Rd St was first listed on ArdentRealEstateGroup.com on November 7, 2023. The homeowner sold the property for $880,000. 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 26.47% lower than the current median priced home. Local homes that are currently for sale include 1020 W 89th St, 1035 W 89th St and 9128 Menlo Ave. While the average home in Los Angeles, CA is selling in 92 days, 1753 W 103Rd St has a days on market of 8 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1753 W 103Rd St Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1753 W 103Rd St

Public county record property details
Beds
6
Baths
4
Year built
1958
Sq. Ft.
1,785
Lot Size
6,510
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
6059-001-016

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$765,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
83
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

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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.