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2026 W 54th St, Los Angeles, CA 90062
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2026 W 54th St Los Angeles, CA 90062

$2,050,000 Sold Price as of 11/22/2019
  • 50 Beds
  • 30 Baths
  • 7,337 Sq.Ft.
Sold
$2,050,000 Sold Price as of 11/22/2019 Refinance Your Mortgage
Map preview of 2026 W 54th St, Los Angeles, CA 90062

Property Overview: 2026 W 54th St Los Angeles, CA has 50 bedrooms, 30 bathrooms, 7,337 living square feet and 7,305 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BRAND NEW FOURPLEX JUST COMPLETED IN TAX OPPORTUNITY ZONE. TAKE ADVANTAGE OF THIS GREAT OPPORTUNITY TO OWN A GREAT BRAND-NEW INVESTMENT ( 7.34 CAP), AND DEFER OR ELIMINATE FEDERAL TAXES ON YOUR CAPITAL GAINS (CONSULT YOUR TAX CPA). Two Large size duplexes Total 7,337 SQ Ft, plus 8 Car Garages (1541 SQ FT). Each unit has 5 large bedrooms and two Units have 3 bathrooms and two others have 3 1/2 Baths. Large size kitchens with Granite countertops and laminated flooring, and many more... with Block walls and gated. Very close to USC, stadiums and major developments in downtown. Each unit is metered separately for water, Gas, and Electric. Buyer will only pay property tax and insurance. Property is leased for $14,800 a month net, with A 3 years lease. A must see to appreciate. Interior inspection upon accepted offer and an open escrow.

Listed by Mike Hassani | BRE #01309514 | Home Team Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 105

Home details

Lot Sq. Ft
7,305
HOA Dues
$0/mo
Year built
2019
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
19479506
City
Los Angeles
County
Los Angeles
Time on Site
1224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,700
  • Total Rent: $3,700
  • Pro Forma/Market Rent: $3,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.34%
  • Gross Rent Multiplier: 11.54
  • Gross Scheduled Income: --
  • Net Operating Income: $150,600
  • Gross Operating Income: $177,600
  • Improvements Total: $52,463
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2026 W 54th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Gated Community
Exterior Features
Exterior Information
  • Roof: Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5005016015
  • Property Condition: Building Permit
Location / Neighborhood
Location Information
  • Directions: 54th street and Wilton Place
View more facts & features

Local Los Angeles Agent

Sale History for 2026 W 54th St

Last sold on January 6th, 2020

  • January, 2020

  • Jan 6, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2019

  • Nov 25, 2019

    Date

    Sold

    CRMLS: 19479506

    $2,050,000

    Price

  • Oct 11, 2019

    Date

    Pending

    CRMLS: 19479506

    $2,050,000

    Price

  • Oct 2, 2019

    Date

    Price Change

    CRMLS: 19479506

    $2,050,000

    Price

  • Jul 19, 2019

    Date

    Active

    CRMLS: 19479506

    $2,150,000

    Price

  • Jul 16, 2019

    Date

    Canceled

    CRMLS: 19479506

    $2,150,000

    Price

  • Jul 10, 2019

    Date

    Price Change

    CRMLS: 19479506

    $2,150,000

    Price

  • Jun 19, 2019

    Date

    Active

    CRMLS: 19479506

    $2,250,000

    Price

  • November, 2019

  • Nov 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,050,000

    Price

  • May, 2018

  • May 12, 2018

    Date

    Sold

    CRMLS: RS18086794

    $705,000

    Price

  • Apr 24, 2018

    Date

    Pending

    CRMLS: RS18086794

    $375,000

    Price

  • Apr 16, 2018

    Date

    Active

    CRMLS: RS18086794

    $375,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment! Sold as is. Zoned for multiple units, buyer to verify permits, square footage and zoning with the City of Los Angeles. This property will not qualify for financing, cash only. 2 bedroom 2 bath open floor plan, big bedrooms, formal dining room, lots of charm and character. Huge front porch, big lot, 2 car detached garage and separate bonus/laundry room.

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Tax History for 2026 W 54th St

Assessed Value (2020): $2,050,000
Year Land Value Improved Value Assessed Value
2020 $1,000,000 $1,050,000 $2,050,000

Home Value Compared to the Market

This property vs the competition

2026 W 54th St sold on November 22, 2019 for 72.27% higher 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 $279.41 per/sqft which puts the price per square foot 62.99% lower than the current median sale per square foot for the city of Los Angeles.

About 2026 W 54th St

Detailed summary of property

2026 W 54th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 50 bedrooms, 30 bathrooms, roughly 7,337 living square feet, and sits on an approximately 7,305 square foot lot. 2026 W 54th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,050,000. 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 72.27% higher than the current median priced home. Local homes that are currently for sale include 1722 W 85th St, 602 W 40th Pl and 324 W 51st St. While the average home in Los Angeles, CA is selling in 93 days, 2026 W 54th St has a days on market of 105 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 2026 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 2026 W 54th St

Public county record property details
Beds
20
Baths
14
Year built
--
Sq. Ft.
7,328
Lot Size
7,304
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
597
APN
5005-016-015

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
$869,000
Median List Price/Sq.Ft.
$573
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%)

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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