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2107 W 54th St, Los Angeles, CA 90062
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2107 W 54th St Los Angeles, CA 90062

$740,000 Sold Price as of 03/10/2021
  • 4 Beds
  • 4 Baths
  • 3,464 Sq.Ft.
Sold
$740,000 Sold Price as of 03/10/2021 Refinance Your Mortgage
Map preview of 2107 W 54th St, Los Angeles, CA 90062

Property Overview: 2107 W 54th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,464 living square feet and 3,900 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rear opportunity in a desired area of Los Angeles. Mixed used: Two commercials units and two residential. Lot with potential for lots of possibilities

Listed by RODDY KOHEI | BRE #01171018 | VICTORIAN REALTY
Last checked: 8 minutes ago | Last updated: March 1st, 2024 | Source CRMLS | DOM: 213

Home details

Lot Sq. Ft
3,900
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV20137594
City
Los Angeles
County
Los Angeles
Time on Site
1224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $929
  • Total Rent: $929
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $613
  • Total Rent: $613
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,200
  • Net Operating Income: $64,002
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,198
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,312
  • Trash: $0
  • Insurance: $2,606
  • Water/Sewer: $2,280

Property Details for 2107 W 54th St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5005009013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of S. Van Ness Ave, South of W. 52nd Street
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2107 W 54th St

Last leased for $1,350 on August 1st, 2021

  • March, 2024

  • Mar 1, 2024

    Date

    Expired

    CRMLS: OC23202019

    $939,000

    Price

  • Nov 1, 2023

    Date

    Active

    CRMLS: OC23202019

    $939,000

    Price

  • Listing provided courtesy of CRMLS

    Seller will credit Buyer $25,000. for improvements or interest rate buy down. We are delighted to introduce this versatile mixed use income property, ideally located on a nicely visible storefront in the heart of Chesterfield Square/Leimert Park in Los Angeles 90062. This property boasts a unique combination of two side by side residential units upstairs, three artists’ studios, in converted storefronts, with an additional 300 square foot outbuilding (converted garage). There is a good parking area behind the building. Recently updated electrical from pole, completely redone plumbing to all units and roof coating restoration. Currently, both residential units are occupied, and all retail and artist studios leased, ensuring a steady and dependable stream of rental income for the prospective owner. Additionally, there is substantial untapped rental potential, as the current rents are month to month and fall below the market averages in the area. This presents an exceptional opportunity for the new owner to maximize their investment returns. Centrally located near LAX, SoFi Stadium and USC. Nice community recreation center one block away and near services and the gold Metro line. Just imagine living upstairs and doing business below.

  • August, 2021

  • Aug 16, 2021

    Date

    Leased

    CRMLS: OC21061147

    $1,350

    Price

  • Mar 24, 2021

    Date

    Active

    CRMLS: OC21061147

    $1,350

    Price

  • Listing provided courtesy of CRMLS

    This Chesterfield Square retail ground floor space has an open floor plan with 10 ft high ceilings. The next door space is also available for lease and can be joined for up to 1800 sq. ft. There is a half bath and laminate flooring. One gated on site parking space. This great location is close to SOFI stadium, Leimert Park and The 110 Frwy.

  • August, 2021

  • Aug 16, 2021

    Date

    Leased

    CRMLS: OC21106213

    $1,350

    Price

  • May 28, 2021

    Date

    Price Change

    CRMLS: OC21106213

    $1,350

    Price

  • May 18, 2021

    Date

    Active

    CRMLS: OC21106213

    $1,575

    Price

  • Listing provided courtesy of CRMLS

    This Chesterfield Square retail ground floor space has an open floor plan with 10 ft high ceilings. The next door space is also available for lease and can be joined for up to 1800 sq. ft. There is a half bath and laminate flooring. One gated on site parking space. This great location is close to SOFI stadium, Leimert Park and The 110 Frwy.

  • March, 2021

  • Mar 10, 2021

    Date

    Sold

    CRMLS: CV20138896

    $740,000

    Price

  • Feb 12, 2021

    Date

    Pending

    CRMLS: CV20138896

    $755,000

    Price

  • Dec 2, 2020

    Date

    Price Change

    CRMLS: CV20138896

    $755,000

    Price

  • Jul 15, 2020

    Date

    Active

    CRMLS: CV20138896

    $825,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2021

  • Mar 10, 2021

    Date

    Sold

    CRMLS: CV20137594

    $740,000

    Price

  • Feb 12, 2021

    Date

    Pending

    CRMLS: CV20137594

    $755,000

    Price

  • Dec 2, 2020

    Date

    Price Change

    CRMLS: CV20137594

    $755,000

    Price

  • Jul 14, 2020

    Date

    Active

    CRMLS: CV20137594

    $825,000

    Price

  • June, 2020

  • Jun 2, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2012

  • Dec 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 2107 W 54th St

Assessed Value (2020): $337,789
Year Land Value Improved Value Assessed Value
2020 $146,375 $191,414 $337,789

Home Value Compared to the Market

This property vs the competition

2107 W 54th St sold on March 10, 2021 for 36.55% 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 $217.96 per/sqft which puts the price per square foot 71.13% lower than the current median sale per square foot for the city of Los Angeles.

About 2107 W 54th St

Detailed summary of property

2107 W 54th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,464 living square feet, and sits on an approximately 3,900 square foot lot. 2107 W 54th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $740,000. 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 36.55% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 1507 W 51St St and 5953 S Denker Ave. While the average home in Los Angeles, CA is selling in 93 days, 2107 W 54th St has a days on market of 213 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 2107 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 2107 W 54th St

Public county record property details
Beds
--
Baths
--
Year built
1927
Sq. Ft.
3,464
Lot Size
3,899
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
341
APN
5005-009-013

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
$869,000
Median List Price/Sq.Ft.
$573
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%)

Thinking of Selling?

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(714) 706-1823

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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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