223 E 55Th St, Los Angeles, CA 90011
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223 E 55Th St Los Angeles, CA 90011

$680,000 Sold Price as of 12/09/2021
  • 4 Beds
  • 2 Baths
  • 2,052 Sq.Ft.
Sold
$680,000 Sold Price as of 12/09/2021 Refinance Your Mortgage

Map preview of 223 E 55Th St, Los Angeles, CA 90011

Property Overview: 223 E 55Th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,052 living square feet and 4,909 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ATTENTION INVESTORS: Fully leased Income property for sale. Conveniently located close to restaurants, shopping, museums and has easy access to transportation. HURRY this one won't last!

Listed by Carole Lee | BRE #01966905 | New Star Realty & Investment
Last checked: 11 minutes ago | Last updated: February 7th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
4,909
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW21174921
City
Los Angeles
County
Los Angeles
Time on Site
962 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $1,233
  • Total Rent: $1,233
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,122
  • Total Rent: $1,122
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,400
  • Net Operating Income: $32,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,100
  • Electric: $1,200
  • Gas/Fuel: $0
  • Trash: $600
  • Insurance: $2,000
  • Water/Sewer: $500

Property Details for 223 E 55Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5101013018
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: GPS
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 223 E 55Th St

Last sold for $680,000 on December 9th, 2021
  • February, 2024

  • Feb 7, 2024

    Date

    Expired

    CRMLS: DW23148810

    $950,000

    Price

  • Aug 10, 2023

    Date

    Active

    CRMLS: DW23148810

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting this duplex holds remarkable versatility; while technically 3 units, it comprises 2 permitted and fully remodeled units, ensuring utmost convenience. Additionally, there's an existing unit without permits. This property is a fully remodeled duplex spanning 2,052 square feet on a spacious 4,909 square foot lot, this property embodies modern elegance and investment potential. Boasting 5 bedrooms and 3 baths, this turnkey gem offers a seamless blend of style and functionality. The bedrooms, characterized by comfort and charm. With a prime location, this property provides easy access to amenities, schools, and parks, further enhancing its allure. Whether you're seeking a premium family home or an investment opportunity, this remodeled duplex offers both the comfort of modern living and potential for additional rental income.

  • April, 2023

  • Apr 11, 2023

    Date

    Canceled

    CRMLS: PW23007511

    $695,000

    Price

  • Jan 13, 2023

    Date

    Active

    CRMLS: PW23007511

    $785,000

    Price

  • Listing provided courtesy of CRMLS

    Fully Leased Income property for sale. Back Unit above garages and part of front unit build in 2005 with permit. Front unit has 2BRS with 1 Bath, 2nd Unit(which is unit one divided) has 1 BDR with 1 Bath, Kitchen and Living room. 3rd unit above garages has 2 BRS with 1 Bath, Kitchen and Family room. Gated property with large parking space and an attached 2 car garage. The property located close to restaurants, shopping, museums and has easy access to Transportaion. Great Opportunity for investment.

  • January, 2023

  • Jan 14, 2023

    Date

    Canceled

    CRMLS: PW23006316

    $785,000

    Price

  • Jan 13, 2023

    Date

    Active

    CRMLS: PW23006316

    $785,000

    Price

  • Listing provided courtesy of CRMLS

    Fully Leased Income property for sale. Back Unit above garages and part of front unit build in 2005. Front unit has 2BRS with 1 Bath, 2nd Unit (which is unit one divided) has 1 BR with 1 Math, Kitchen and Living room. 3rd unit above garages has 2 BDR with 1 Bath, Kitchen and Family room. Gated property with large parking space and an attached 2 car garage. The property located close to restaurants, shopping, museums and has easy access to Transportaion. Great Opportunity for investment.

  • June, 2022

  • Jun 2, 2022

    Date

    Expired

    CRMLS: PW22066818

    $750,000

    Price

  • Apr 4, 2022

    Date

    Active

    CRMLS: PW22066818

    $750,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2021

  • Dec 10, 2021

    Date

    Sold

    CRMLS: PW21174921

    $680,000

    Price

  • Aug 29, 2021

    Date

    Pending

    CRMLS: PW21174921

    $700,000

    Price

  • Aug 9, 2021

    Date

    Active Under Contract

    CRMLS: PW21174921

    $700,000

    Price

  • Aug 9, 2021

    Date

    Active

    CRMLS: PW21174921

    $700,000

    Price

  • November, 2017

  • Nov 20, 2017

    Date

    Sold

    CRMLS: IG17210950

    $439,000

    Price

  • Oct 27, 2017

    Date

    Pending

    CRMLS: IG17210950

    $449,990

    Price

  • Oct 18, 2017

    Date

    Price Change

    CRMLS: IG17210950

    $449,990

    Price

  • Oct 4, 2017

    Date

    Price Change

    CRMLS: IG17210950

    $459,990

    Price

  • Sep 30, 2017

    Date

    Price Change

    CRMLS: IG17210950

    $439,990

    Price

  • Sep 26, 2017

    Date

    Price Change

    CRMLS: IG17210950

    $443,990

    Price

  • Sep 12, 2017

    Date

    Active

    CRMLS: IG17210950

    $449,990

    Price

  • Listing provided courtesy of CRMLS

    ATTENTION INVESTORS: Fully leased Income property for sale. Back unit above garages and part of front unit built in 2005 with permits.Front unit offers: 2 BR's + 1 Bathroom, Second unit( which is unit one divided) offers: 1 BR + 1Bathroom, kitchen and living room. 3rd unit above garages offers 2 BR's+ 1 bathroom, kitchen and family room. Large parking space and an attached 2 car garage. Can easily accommodate up to 4+ cars. Conveniently located close to restaurants, shopping, museums and has easy access to transportation. HURRY this one won't last!

  • November, 2017

  • Nov 20, 2017

    Date

    Sold (Public Records)

    Public Records

    $439,000

    Price

  • September, 2017

  • Sep 11, 2017

    Date

    Expired

    CRMLS: IG17178034

    $449,990

    Price

  • Aug 15, 2017

    Date

    Price Change

    CRMLS: IG17178034

    $449,990

    Price

  • Aug 5, 2017

    Date

    Active

    CRMLS: IG17178034

    $459,990

    Price

  • Listing provided courtesy of CRMLS

    ATTENTION INVESTORS: Fully leased Income property for sale. Back unit above garages and part of front unit built in 2005 with permits.Front unit offers: 2 BR's + 1 Bathroom, Second unit( which is unit one divided) offers: 1 BR + 1Bathroom, kitchen and living room. 3rd unit above garages offers 2 BR's+ 1 bathroom, kitchen and family room. Large parking space and an attached 2 car garage. Can easily accommodate up to 4+ cars. Conveniently located close to restaurants, shopping, museums and has easy access to transportation. HURRY this one won't last!

  • July, 2017

  • Jul 20, 2017

    Date

    Sold (Public Records)

    Public Records

    $381,000

    Price

Show More

Tax History for 223 E 55Th St

Assessed Value (2020): $456,735
Year Land Value Improved Value Assessed Value
2020 $312,120 $144,615 $456,735

Home Value Compared to the Market

This property vs the competition

223 E 55Th St sold on December 9, 2021 for 31.97% lower than the current median sold price for the city of Los Angeles which is $1,029,000. The median sold price per/sqft for Los Angeles is $742 and this home is sold at $341.13 per/sqft which puts the price per square foot 54.03% lower than the current median sale per square foot for the city of Los Angeles.

About 223 E 55Th St

Detailed summary of property

223 E 55Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,052 living square feet, and sits on an approximately 4,909 square foot lot. 223 E 55Th St was first listed on ArdentRealEstateGroup.com on August 9, 2021. The homeowner sold the property for $680,000. Home in Los Angeles are selling for a median price of $1,029,000 and a median price per square foot of $742. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 31.97% lower than the current median priced home. Local homes that are currently for sale include 164 W Vernon Ave, 6211 S Broadway and 854 E 50th St. There are currently 3287 homes for sale in the Los Angeles real estate market and 2252 of them are single family homes while 954 of them are condos and 78 are townhomes. For more information on this home for sale at 223 E 55Th 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 223 E 55Th St

Public county record property details
Beds
5
Baths
3
Year built
1921
Sq. Ft.
2,052
Lot Size
4,908
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5101-013-018

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
$569,000
Median List Price/Sq.Ft.
$417
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$486
Total Inventory
36
Median Sale to List Price %
105.18%
Avg Days on Market
15
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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.