2069 W 52nd St, Los Angeles, CA 90062
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2069 W 52nd St Los Angeles, CA 90062

$940,000 Sold Price as of 09/09/2020
  • 5 Beds
  • 4 Baths
  • 2,738 Sq.Ft.
Sold
$940,000 Sold Price as of 09/09/2020 Refinance Your Mortgage

Map preview of 2069 W 52nd St, Los Angeles, CA 90062

Property Overview: 2069 W 52nd St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,738 living square feet and 7,670 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2069 W. 52nd Street at the corner of Cimarron & 52nd, and is comprised of two separate buildings consisting of a large 2/1 front house and a rear building with (3) 1 bed/1 bath units. The two rear units upstairs are vacant and remodeled, and ready for immediate occupancy. The building was originally built in 1938 with a total size of 2,738 SF, sitting on 7,670 SF corner lot zoned R1. There are 4 total garages that are being unused. The property is located near the new Crenshaw/LAX Metro Line in South Los Angeles, and offers an investor and/or owner-occupier to acquire a steady investment in a strong rental market. Prime Location in Los Angeles near Leimert Park, West Adams, Baldwin Hills, Crenshaw, Inglewood Football Stadium, USC, Exposition Park, LAX, Restaurants & Shops. Property is within an "Opportunity Zone."

Listed by Brian Noh | BRE #01438155 | Nohco Real Estate
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
7,670
HOA Dues
$0/mo
Year built
1938
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC20116521
City
Los Angeles
County
Los Angeles
Time on Site
1219 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,227
  • Total Rent: $1,227
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: 15.4
  • Gross Scheduled Income: $63,924
  • Net Operating Income: $40,527
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $21,479
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

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Property Details for 2069 W 52nd St

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Gas & Electric Dryer Hookup, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Vinyl
  • Kitchen, Living Room, See Remarks
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Satellite Dish
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5015020012
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Off 110 Freeway exit Slauson head west near Western
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 2069 W 52nd St

Last sold for $940,000 on September 9th, 2020
  • September, 2020

  • Sep 10, 2020

    Date

    Sold

    CRMLS: OC20116521

    $940,000

    Price

  • Aug 13, 2020

    Date

    Pending

    CRMLS: OC20116521

    $949,000

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: OC20116521

    $949,000

    Price

  • September, 2020

  • Sep 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $940,000

    Price

  • October, 2019

  • Oct 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $690,500

    Price

  • October, 2018

  • Oct 9, 2018

    Date

    Canceled

    CRMLS: SR18194836

    $699,000

    Price

  • Aug 20, 2018

    Date

    Hold

    CRMLS: SR18194836

    $699,000

    Price

  • Aug 10, 2018

    Date

    Active

    CRMLS: SR18194836

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    [House in Front and 3 units in the back.

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Tax History for 2069 W 52nd St

Assessed Value (2020): $690,500
Year Land Value Improved Value Assessed Value
2020 $400,000 $290,500 $690,500

Home Value Compared to the Market

This property vs the competition

2069 W 52nd St sold on September 9, 2020 for 20.25% 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 $346.6 per/sqft which puts the price per square foot 54.09% lower than the current median sale per square foot for the city of Los Angeles.

About 2069 W 52nd St

Detailed summary of property

2069 W 52nd St is a fourplex that recently sold in Los Angeles, CA 90062. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,738 living square feet, and sits on an approximately 7,670 square foot lot. 2069 W 52nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $940,000. 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 20.25% lower than the current median priced home. Local homes that are currently for sale include 1452 W 53rd St, 6059 Madden Ave and 1728 W 64th St. While the average home in Los Angeles, CA is selling in 94 days, 2069 W 52nd St has a days on market of 55 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2069 W 52nd 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 2069 W 52nd St

Public county record property details
Beds
5
Baths
4
Year built
1938
Sq. Ft.
2,738
Lot Size
7,670
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
305,306
APN
5015-020-012

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
$859,000
Median List Price/Sq.Ft.
$582
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%)

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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.