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1955 Park Grove Ave, Los Angeles, CA 90007
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1955 Park Grove Ave Los Angeles, CA 90007

$855,000 Sold Price as of 03/19/2021
  • 4 Beds
  • 3 Baths
  • 2,405 Sq.Ft.
Sold
$855,000 Sold Price as of 03/19/2021 Refinance Your Mortgage
Map preview of 1955 Park Grove Ave, Los Angeles, CA 90007

Property Overview: 1955 Park Grove Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,405 living square feet and 4,602 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This beautiful Victorian home located in the University Park area of Downtown Los Angeles features 4 bedrooms, 3 baths, bonus room, spacious basement and best of all, is currently registered under the Mills Act. This home also is located in the DPS patrol area surrounding USCs University Park Campus and Centrally located just a few minutes from Staples Center, L.A. Live, USC, the Coliseum and very close to the 10/110 freeways. Electrical (240 Volts) has been upgraded throughout the house as well as central A/C.

Listed by Javier Hernandez | BRE #01994660 | Premier Real Estate Broker, Inc.
Co-listed by Abraham Hernandez | BRE #01773826 | Premier Real Estate Broker, Inc.
Last checked: 13 minutes ago | Last updated: June 13th, 2023 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
4,602
HOA Dues
$0/mo
Year built
1897
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21682202
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.3
  • Gross Scheduled Income: --
  • Net Operating Income: $48,600
  • Gross Operating Income: $54,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1955 Park Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Dual, Central Air
Heating Information
  • Has Heating
  • Central, Combination, Electric
Laundry Information
  • Has Laundry
  • Inside, Individual Room
Fireplace Information
  • Has Fireplace
  • Decorative, Dining Room
Room Information
  • Flooring: Wood, Tile
  • Bonus Room, Attic, Basement, Den, Jack & Jill, Living Room, Family Room, Walk-In Pantry
Kitchen Information
  • Has Appliances
  • Refrigerator, Built-In, Gas Cooktop, Gas Range
Interior Features
  • Beamed Ceilings, High Ceilings
  • Levels: Two, Multi/Split
  • Window Features: Garden Window(s)
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: Above Ground, Fenced
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Lawn, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 1
  • Parcel Number: 5124019022
  • Architectural Style: Victorian
  • Foundation Details: Pillar/Post/Pier, Combination, Raised
  • Property Condition: Additions/Alterations, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Located in between Washington Blvd. and West 21st on Park Grove Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1955 Park Grove Ave

Last sold for $855,000 on March 19th, 2021

  • March, 2021

  • Mar 22, 2021

    Date

    Sold

    CRMLS: 21682202

    $855,000

    Price

  • Feb 4, 2021

    Date

    Pending

    CRMLS: 21682202

    $825,000

    Price

  • Feb 1, 2021

    Date

    Active Under Contract

    CRMLS: 21682202

    $825,000

    Price

  • Jan 20, 2021

    Date

    Active

    CRMLS: 21682202

    $825,000

    Price

  • July, 2007

  • Jul 6, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2005

  • Aug 11, 2005

    Date

    Sold

    CRMLS: 12054887

    $480,000

    Price

  • Jun 3, 2005

    Date

    Active

    CRMLS: 12054887

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    CHARMING WELL MAINTAINED CRAFTSMAN HOUSE NEAR USC, MOUNT ST. MARY'S COLLEGE, AND STAPLES CENTER. 3 BEDROOMS/1 BATH WITH FORMAL DINING ROOM, BREAKFAST NOOK, HARDWOOD FLOORS, REMODELLED KITCHEN, 3 YEAR OLD ROOF, ATTIC AND BASEMENT SPACE. MUST SEE TO APPRECIATE. SHOW TO YOUR FUSSY BUYERS. SALE IS CONTINGENT UPON SELLER FINDING A NEW HOME OF THEIR CHOICE.

  • August, 2005

  • Aug 10, 2005

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

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Tax History for 1955 Park Grove Ave

Assessed Value (2020): $355,000
Year Land Value Improved Value Assessed Value
2020 $227,000 $128,000 $355,000

Home Value Compared to the Market

This property vs the competition

1955 Park Grove Ave sold on March 19, 2021 for 30.67% 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 $343.04 per/sqft which puts the price per square foot 54.56% lower than the current median sale per square foot for the city of Los Angeles.

About 1955 Park Grove Ave

Detailed summary of property

1955 Park Grove Ave is a multi family that recently sold in Los Angeles, CA 90007. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,405 living square feet, and sits on an approximately 4,602 square foot lot. 1955 Park Grove Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $855,000. 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 30.67% lower than the current median priced home. Local homes that are currently for sale include 718 E 27th St, 1266 W 35th Pl and 747 E 33rd St. While the average home in Los Angeles, CA is selling in 92 days, 1955 Park Grove Ave has a days on market of 11 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 1955 Park Grove Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1955 Park Grove Ave

Public county record property details
Beds
4
Baths
3
Year built
1897
Sq. Ft.
2,405
Lot Size
4,601
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
4-5,16
APN
5124-019-022

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
13
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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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