2074 W 54Th St, Los Angeles, CA 90062
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2074 W 54Th St Los Angeles, CA 90062

$1,299,000
  • 11 Beds
  • 6 Baths
  • 4,402 Sq.Ft.
For Sale
$1,299,000 Get Pre-Qualified

Map preview of 2074 W 54Th St, Los Angeles, CA 90062

Property Overview: 2074 W 54Th St Los Angeles, CA has 11 bedrooms, 6 bathrooms, 4,402 living square feet and 7,282 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: STUNNING FOUR-PLEX IN AN “OPPORTUNITY ZONE”! Value-add opportunity located in Chesterfield square, Centrally located south of USC, near SoFi Stadium, Leimert Park, Expo Park, West Adams, and Downtown. The property is located on a beautiful palm-lined street only a short walk from Chesterfield Square Park. This beautiful 4 unit presents a great value-add investment opportunity with stable in-place income + fantastic rental upside in a rapidly appreciating pocket niche. Located in an Opportunity Zone for potential tax benefits, corner lot property on a 7,280sq ft lot and approx. 4,400 of livable space. This property is zoned LARD1.5 excellent for future development can be further explored.

Listed by Johnny Chacon | BRE #01966177 | Buckingham Investments, Inc
Co-listed by Lucas Mulderink | BRE #02010600 | Buckingham Investments, Inc
Last checked: 9 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 167
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,282
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SB23197393
City
Los Angeles
County
Los Angeles
Time on Site
188 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,616
  • Total Rent: $1,616
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $700
  • Gas/Fuel: $0
  • Trash: $450
  • Insurance: $295
  • Water/Sewer: $1,100

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Property Details for 2074 W 54Th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two, Multi/Split
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5005013015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South on Van Ness right on 54th Street
Neighborhood Information
  • Community Features: Curbs
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Sale History for 2074 W 54Th St

Last sold for $330,000 on July 29th, 1999
  • October, 2023

  • Oct 28, 2023

    Date

    Active

    CRMLS: SB23197393

    $1,325,000

    Price

  • July, 1999

  • Jul 29, 1999

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

  • July, 1999

  • Jul 29, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2074 W 54Th St

Assessed Value (2020): $463,757
Year Land Value Improved Value Assessed Value
2020 $175,663 $288,094 $463,757

Home Value Compared to the Market

This property vs the competition

2074 W 54Th St is listed 5.1% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $295.09 per/sqft which puts the price per square foot 61.82% lower than the median price per square foot for the city of Los Angeles.

About 2074 W 54Th St

Detailed summary of property

2074 W 54Th St is a fourplex located in Los Angeles, CA 90062 and is currently for sale. This fourplex offers 11 bedrooms, 6 bathrooms, roughly 4,402 living square feet, and sits on an approximately 7,282 square foot lot. 2074 W 54Th St was first listed on ArdentRealEstateGroup.com on October 25, 2023. The homeowner is currently asking $1,299,000 and was originally asking $1,325,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 5.1% higher than the median priced home. Local competing homes currently for sale include 4707 Crenshaw Blvd, 6321 11th Ave and 1901 W Martin Luther King Jr Blvd. While the average home in Los Angeles, CA is selling in 96 days, 2074 W 54Th St has a days on market of 167 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 2074 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 2074 W 54Th St

Public county record property details
Beds
7
Baths
4
Year built
1930
Sq. Ft.
4,402
Lot Size
7,280
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
531
APN
5005-013-015

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
$799,999
Median List Price/Sq.Ft.
$576
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.