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203 E 55Th St, Los Angeles, CA 90011
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203 E 55Th St Los Angeles, CA 90011

$655,000 Sold Price as of 09/26/2023
  • 7 Beds
  • 3 Baths
  • 3,226 Sq.Ft.
Sold
$655,000 Sold Price as of 09/26/2023 Refinance Your Mortgage
Map preview of 203 E 55Th St, Los Angeles, CA 90011

Property Overview: 203 E 55Th St Los Angeles, CA has 7 bedrooms, 3 bathrooms, 3,226 living square feet and 4,872 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great income opportunity in Los Angeles! This triplex offers so much potential. Featuring 3 units: one with 3-bedrooms/1-bathroom, the second with 3-bedrooms/1-bathroom, and the third with 1-bedroom/1-bathroom. The property is gated with parking available in the front, and parking available in the back that is accessed from an alley. Trees, some planters, and grassy areas can be found throughout the yard with paved paths leading to each unit. Located in Downtown Los Angeles near South Los Angeles Wetlands Park, restaurants, and markets.

Listed by Melissa Urena | BRE #01900591 | JohnHart Corp.
Co-listed by Michele Baca | BRE #01340917 | JohnHart Corp.
Last checked: 26 seconds ago | Last updated: September 27th, 2023 | Source CRMLS | DOM: 203

Home details

Lot Sq. Ft
4,872
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23239777
City
Los Angeles
County
Los Angeles
Time on Site
444 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 203 E 55Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Carpet, Tile
  • Living Room
Interior Features
  • Ceiling Fan(s), Storage
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Lawn, Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5101013023
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: From I-110 S; take exit 19A toward 51st St; merge onto S Flower St; turn left onto W 51st St; turn right onto S Broadway; turn left onto W 55th St (property on the left, between S Main St & San Pedro St).
View more facts & features

Local Los Angeles Agent

Sale History for 203 E 55Th St

Last sold for $655,000 on September 26th, 2023

  • September, 2023

  • Sep 26, 2023

    Date

    Sold

    CRMLS: 23239777

    $655,000

    Price

  • Feb 8, 2023

    Date

    Active

    CRMLS: 23239777

    $675,000

    Price

  • December, 2017

  • Dec 1, 2017

    Date

    Expired

    CRMLS: SR17035040

    $599,999

    Price

  • May 2, 2017

    Date

    Price Change

    CRMLS: SR17035040

    $599,999

    Price

  • Feb 22, 2017

    Date

    Active

    CRMLS: SR17035040

    $639,999

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors. Great Investment opportunity. 3 unit triplex near USC. Buyer is to take property with tenants. Buyers will be responsible for any relocation costs or termination of the tenants at their own expense.

  • July, 2004

  • Jul 7, 2004

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

  • October, 2002

  • Oct 11, 2002

    Date

    Sold (Public Records)

    Public Records

    $259,000

    Price

Show More

Tax History for 203 E 55Th St

Assessed Value (2020): $478,163
Year Land Value Improved Value Assessed Value
2020 $127,446 $350,717 $478,163

Home Value Compared to the Market

This property vs the competition

203 E 55Th St sold on September 26, 2023 for 35.71% lower 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 $209.24 per/sqft which puts the price per square foot 71.65% lower than the current median sale per square foot for the city of Los Angeles.

About 203 E 55Th St

Detailed summary of property

203 E 55Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 3,226 living square feet, and sits on an approximately 4,872 square foot lot. 203 E 55Th St was first listed on ArdentRealEstateGroup.com on February 9, 2023. The homeowner sold the property for $655,000. 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 35.71% lower than the current median priced home. Local homes that are currently for sale include 6211 S Broadway, 854 E 50th St and 907 E 50th St. While the average home in Los Angeles, CA is selling in 96 days, 203 E 55Th St has a days on market of 203 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 203 E 55Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 203 E 55Th St

Public county record property details
Beds
8
Baths
3
Year built
1921
Sq. Ft.
3,226
Lot Size
4,871
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5101-013-023

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$543,077
Median Sold Price/Sq.Ft.
$393
Total Inventory
41
Median Sale to List Price %
94.45%
Avg Days on Market
18
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), 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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