221 S Avenue 55, Los Angeles, CA 90042
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221 S Avenue 55 Los Angeles, CA 90042

$760,000 Sold Price as of 11/22/2019
  • 4 Beds
  • 1 Baths
  • 1,256 Sq.Ft.
Sold
$760,000 Sold Price as of 11/22/2019 Refinance Your Mortgage

Map preview of 221 S Avenue 55, Los Angeles, CA 90042

Property Overview: 221 S Avenue 55 Los Angeles, CA has 4 bedrooms, 1 bathrooms, 1,256 living square feet and 6,553 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful property Located on Highland Park area. A lot of potential and many ways to get an extra income on this property. The front house has 1256 Sqft with 4 bedrooms and 2 bathrooms also has a Baseman, 2 separated storage rooms and Garage/Guest house/ADU with Aprox. 590 SqFt. Seller already paid for a blue prints around $5,000 and also paid for all the city Permits other $5,000 to legalized the garage as an ADU, (Work has not been Finished). This Unique Historical Home with Vintage Charm has also a baseman and 2 storage rooms and can get Lots of potential Income. Property also offers a long Driveway to avoid parking issues. The Main House has original wood flooring on the Open and Spacious Living Room and dinning room, You will appreciate the Mountain View from Living Room and Dining Area. Seller installed a door to split the bedrooms and bathrooms and house can be rented easily for an extra income. You can separated 2 bedrooms and a Bath with Shower Stall if needed. The Detached Guest House Offers an Open Living Room overlooking at the Kitchen and Breakfast Area, There is a good size Bedroom & 3/4 Bath. The Basement is Very Spacious and has Endless Possibilities and has a 3/4 bathroom as well. The big back Yard Could have endless uses. You must to see!!!!

Listed by Giomar Vasquez | BRE #01500295 | G & V Options & Solutions Inc
Last checked: 1 minute ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
6,553
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
DW19200682
City
Los Angeles
County
Los Angeles
Time on Site
1346 days

Property Details for 221 S Avenue 55

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 1
  • All Bedrooms Down, Basement, Kitchen, Living Room
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (3/4): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s), Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5468028016
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: South Figueroa St
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 221 S Avenue 55

Last sold for $760,000 on November 22nd, 2019
  • November, 2019

  • Nov 23, 2019

    Date

    Sold

    CRMLS: DW19200682

    $760,000

    Price

  • Sep 26, 2019

    Date

    Active Under Contract

    CRMLS: DW19200682

    $770,000

    Price

  • Aug 23, 2019

    Date

    Active

    CRMLS: DW19200682

    $770,000

    Price

  • November, 2019

  • Nov 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • March, 2005

  • Mar 14, 2005

    Date

    Sold (Public Records)

    Public Records

    $427,000

    Price

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Tax History for 221 S Avenue 55

Assessed Value (2020): $760,000
Year Land Value Improved Value Assessed Value
2020 $608,000 $152,000 $760,000

Home Value Compared to the Market

This property vs the competition

221 S Avenue 55 sold on November 22, 2019 for 31.25% lower 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 $613.06 per/sqft which puts the price per square foot 15.32% lower than the current median sale per square foot for the city of Los Angeles.

About 221 S Avenue 55

Detailed summary of property

221 S Avenue 55 is a single family home that recently sold in Los Angeles, CA 90042. This house offered 4 bedrooms, 1 bathrooms, roughly 1,256 living square feet, and sits on an approximately 6,553 square foot lot. 221 S Avenue 55 was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $760,000. 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 31.25% lower than the current median priced home. Local homes that are currently for sale include 1083 Milwaukee Ave, 1124 Montecito Dr and 6108 Springvale Dr. While the average home in Los Angeles, CA is selling in 106 days, 221 S Avenue 55 has a days on market of 35 days. 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 221 S Avenue 55 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 221 S Avenue 55

Public county record property details
Beds
4
Baths
1
Year built
1921
Sq. Ft.
1,256
Lot Size
6,553
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5468-028-016

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
$995,000
Median List Price/Sq.Ft.
$800
Median Sold Price
$1,210,001
Median Sold Price/Sq.Ft.
$863
Total Inventory
112
Median Sale to List Price %
121.12%
Avg Days on Market
29
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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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.