206 E 53Rd St, Los Angeles, CA 90011
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206 E 53Rd St Los Angeles, CA 90011

$1,325,000 Sold Price as of 05/20/2022
  • 10 Beds
  • 6 Baths
  • 3,715 Sq.Ft.
Sold
$1,325,000 Sold Price as of 05/20/2022 Refinance Your Mortgage

Map preview of 206 E 53Rd St, Los Angeles, CA 90011

Property Overview: 206 E 53Rd St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,715 living square feet and 4,964 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This very desirable new construction income producing duplex is non-rent controlled. This contemporary duplex consists of 2 5-bedroom 3- bathroom units with one single car garage in the front unit and 2-car garage in the back unit. Each unit has an open floor plan with a large living area that includes granite countertops, dual pane vinyl windows, tile flooring, carpet, solid wood cabinets, solar and forced air heating. The property includes an artificial lawn for low-cost landscaping maintenance. Conveniently located to access the newly renovated Downtown Los Angeles area.

Listed by Kevin Via | BRE #02042474 | Compass
Last checked: 15 minutes ago | Last updated: May 20th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
4,964
HOA Dues
$0/mo
Year built
2022
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
OC22080665
City
Los Angeles
County
Los Angeles
Time on Site
881 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $70,349
  • Gross Operating Income: $87,024
  • Vacancy Allowance: $1,776
Annual Expense Breakdown
  • Total Operating Expense: $16,675
  • New Taxes: $14,575
  • Trash: $0
  • Gardener: $600
  • Insurance: $1,500

Property Details for 206 E 53Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room, Upper Level
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway - Combination, Garage
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5101011011
  • Year Built Source: Builder
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: E 53rd St between Main & San Pedro
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

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Sale History for 206 E 53Rd St

Last sold for $1,325,000 on May 20th, 2022
  • May, 2022

  • May 20, 2022

    Date

    Sold

    CRMLS: OC22080665

    $1,325,000

    Price

  • Apr 22, 2022

    Date

    Active

    CRMLS: OC22080665

    $1,325,000

    Price

Tax History for 206 E 53Rd St

Assessed Value (2020): $31,619
Year Land Value Improved Value Assessed Value
2020 $12,968 $18,651 $31,619

Home Value Compared to the Market

This property vs the competition

206 E 53Rd St sold on May 20, 2022 for 18.3% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $356.66 per/sqft which puts the price per square foot 50.74% lower than the current median sale per square foot for the city of Los Angeles.

About 206 E 53Rd St

Detailed summary of property

206 E 53Rd St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 10 bedrooms, 6 bathrooms, roughly 3,715 living square feet, and sits on an approximately 4,964 square foot lot. 206 E 53Rd St was first listed on ArdentRealEstateGroup.com on April 22, 2022. The homeowner sold the property for $1,325,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.3% higher than the current median priced home. Local homes that are currently for sale include 1139 E 68th St, 862 W 41st St and 1045 W Vernon Ave. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 206 E 53Rd 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 206 E 53Rd St

Public county record property details
Beds
4
Baths
2
Year built
1907
Sq. Ft.
1,493
Lot Size
4,963
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5101-011-011

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.
$532
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
52
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), 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.