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203 N Avenue 57, Los Angeles, CA 90042
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203 N Avenue 57 Los Angeles, CA 90042

$1,750,000 Sold Price as of 11/17/2023
  • 11 Beds
  • 7 Baths
  • 6,112 Sq.Ft.
Sold
$1,750,000 Sold Price as of 11/17/2023 Refinance Your Mortgage
Map preview of 203 N Avenue 57, Los Angeles, CA 90042

Property Overview: 203 N Avenue 57 Los Angeles, CA has 11 bedrooms, 7 bathrooms, 6,112 living square feet and 15,601 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: TRUST SALE-Fantastic Highland Park income property! Consists of 6 units; 2 single-family houses, 2 duplex/ 2-story buildings, Garage w/ Private Driveway + onsite Parking. Large-Flat 15,000 sq. ft. corner lot. This property is part of the Highland Park Historic Preservation Overlay Zone (HPOZ). Such designation helps preserve the architectural character and historic charm of the neighborhood. Walking distance to Downtown Highland Park & adj. to the METRO Gold Line station.

Listed by Michelle Harnsberger | BRE #01022378 | Harnsberger Realty 1924
Co-listed by Brandon Harnsberger | BRE #01410580 | Harnsberger Realty 1924
Last checked: 12 minutes ago | Last updated: November 19th, 2023 | Source CRMLS | DOM: 99

Home details

Lot Sq. Ft
15,601
HOA Dues
$0/mo
Year built
1925
Garage
7 Car
Property Type:
Multi Family
Status
Sold
MLS#
23280559
City
Los Angeles
County
Los Angeles
Time on Site
341 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $817
  • Total Rent: $1,635
  • Pro Forma/Market Rent: $4,450
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,125
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.76%
  • Gross Rent Multiplier: 20.36
  • Gross Scheduled Income: --
  • Net Operating Income: $88,420
  • Gross Operating Income: $98,220
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 203 N Avenue 57

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • Living Room, Workshop
Interior Features
  • Levels: Multi/Split
  • Security Features: Gated Community
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 Garage Spaces: 7
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Total # of Units: 6
  • Parcel Number: 5484037014
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From North Figueroa Street-North on Avenue 57- Corner of Marmion Way & N Avenue 57 - Property located on right.
View more facts & features

Local Los Angeles Agent

Sale History for 203 N Avenue 57

Last sold for $1,750,000 on November 17th, 2023

  • November, 2023

  • Nov 17, 2023

    Date

    Sold

    CRMLS: 23280559

    $1,750,000

    Price

  • Jun 12, 2023

    Date

    Active

    CRMLS: 23280559

    $199,500,000

    Price

  • July, 2001

  • Jul 9, 2001

    Date

    Expired

    CRMLS: G206361

    $369,000

    Price

  • Oct 11, 2000

    Date

    Active

    CRMLS: G206361

    --

    Price

  • Listing provided courtesy of CRMLS

    4 HOUSES ON A LOT - CONSIST OF TWO SFR & TWO DUPLEXES - ADDRESSES ARE 203,205,207,209,211 N. AVENUE 57 & 5711 MARMION WAY - XLNT RENTAL AREA - WELL MAINTAINED BLDGS. NEAR PROPOSED METRO RAIL STATION.

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Tax History for 203 N Avenue 57

Assessed Value (2020): $111,807
Year Land Value Improved Value Assessed Value
2020 $58,931 $52,876 $111,807

Home Value Compared to the Market

This property vs the competition

203 N Avenue 57 sold on November 17, 2023 for 53.36% 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 $298.59 per/sqft which puts the price per square foot 60.45% lower than the current median sale per square foot for the city of Los Angeles.

About 203 N Avenue 57

Detailed summary of property

203 N Avenue 57 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 11 bedrooms, 7 bathrooms, roughly 6,112 living square feet, and sits on an approximately 15,601 square foot lot. 203 N Avenue 57 was first listed on ArdentRealEstateGroup.com on June 15, 2023. The homeowner sold the property for $1,750,000. 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 53.36% higher than the current median priced home. Local homes that are currently for sale include 2472 N Eastern Ave, 2618 Carleton Ave and 3813 Baldwin St. While the average home in Los Angeles, CA is selling in 93 days, 203 N Avenue 57 has a days on market of 99 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 203 N Avenue 57 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 203 N Avenue 57

Public county record property details
Beds
11
Baths
6
Year built
1925
Sq. Ft.
6,112
Lot Size
15,600
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9,11-14
APN
5484-037-014

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$751
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
97
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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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