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1933 W 54Th St, Los Angeles, CA 90062
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1933 W 54Th St Los Angeles, CA 90062

$1,320,000 Sold Price as of 09/27/2021
  • 12 Beds
  • 4 Baths
  • 3,621 Sq.Ft.
Sold
$1,320,000 Sold Price as of 09/27/2021 Refinance Your Mortgage
Map preview of 1933 W 54Th St, Los Angeles, CA 90062

Property Overview: 1933 W 54Th St Los Angeles, CA has 12 bedrooms, 4 bathrooms, 3,621 living square feet and 8,157 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well located four unit complex near Slauson and Western Avenues. This property features 2 - two unit buildings with all three bedroom apartments. The structures were built in 1931 and contain a combined 3,671 square feet. The units are situated on a corner lot of over 8,000 square feet and is zoned LARD1.5. That zoning may allow for 5 units to be built there. Please check with the City of LA to verify. The apartments are currently producing over $113,000 annually and there is still some upside in the rents. With an excellent GRM of only 11.8 and a CAP of 5.73, these units will not last. Make all offers subject to inspection. Please do not disturb tenants. Seller will not deliver any vacant units at the close of escrow.

Listed by Jerome McAlpin | BRE #00939725 | McAlpin & Company
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
8,157
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21742148
City
Los Angeles
County
Los Angeles
Time on Site
1065 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,865
  • Total Rent: $1,865
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,476
  • Total Rent: $2,476
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,527
  • Total Rent: $2,527
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,620
  • Total Rent: $2,620
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.85
  • Gross Scheduled Income: --
  • Net Operating Income: $77,422
  • Gross Operating Income: $113,856
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1933 W 54Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 4
  • Parcel Number: 5005021017
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: West of Western Avenue and North of Slauson Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 1933 W 54Th St

Last sold for $1,320,000 on September 27th, 2021

  • July, 2021

  • Jul 22, 2021

    Date

    Pending

    CRMLS: 21742148

    $1,350,000

    Price

  • Jun 22, 2021

    Date

    Price Change

    CRMLS: 21742148

    $1,350,000

    Price

  • Jun 2, 2021

    Date

    Active

    CRMLS: 21742148

    $1,390,000

    Price

  • October, 2003

  • Oct 27, 2003

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

Show More

Tax History for 1933 W 54Th St

Assessed Value (2020): $429,003
Year Land Value Improved Value Assessed Value
2020 $325,007 $103,996 $429,003

Home Value Compared to the Market

This property vs the competition

1933 W 54Th St sold on September 27, 2021 for 28.57% higher 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 $372.83 per/sqft which puts the price per square foot 49.48% lower than the current median sale per square foot for the city of Los Angeles.

About 1933 W 54Th St

Detailed summary of property

1933 W 54Th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 12 bedrooms, 4 bathrooms, roughly 3,621 living square feet, and sits on an approximately 8,157 square foot lot. 1933 W 54Th St was first listed on ArdentRealEstateGroup.com on June 2, 2021. The homeowner sold the property for $1,320,000. 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 28.57% higher than the current median priced home. Local homes that are currently for sale include 3968 Arlington Ave, 4136 Leimert Blvd and 4080 Leimert Blvd. While the average home in Los Angeles, CA is selling in 96 days, 1933 W 54Th St has a days on market of 49 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1933 W 54Th 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 1933 W 54Th St

Public county record property details
Beds
7
Baths
4
Year built
1931
Sq. Ft.
3,621
Lot Size
8,156
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
137
APN
5005-021-017

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
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), 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.

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