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225 W 56th St, Los Angeles, CA 90037
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225 W 56th St Los Angeles, CA 90037

$575,000 Sold Price as of 04/03/2019
  • 6 Beds
  • 4 Baths
  • 1,196 Sq.Ft.
Sold
$575,000 Sold Price as of 04/03/2019 Refinance Your Mortgage
Map preview of 225 W 56th St, Los Angeles, CA 90037

Property Overview: 225 W 56th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 1,196 living square feet and 5,441 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Gorgeous craftsman style DUPLEX located in the heart of Los Angeles!! This is a great opportunity for a savvy investor to collect TWO rental income checks or to live in one house and rent the other DETACHED back house!! The front house features a charming craftsman style 3 BR/ 2 BA home with tons of character! With a fresh coat of paint, new quartz kitchen counter tops, all new flooring and new fixtures throughout, this home is ready to move in NOW! The second unit boasts 2 more bedrooms, a full bathroom and a gorgeous kitchen!! Other features include washer and dryer hook ups in the main house, a new water heater, and a detached two car garage! This opportunity will not last. Come and see today!

Listed by Polly Watts | BRE #00895696 | Polly Watts
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,441
HOA Dues
$0/mo
Year built
1915
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
19423068
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $211,248
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 225 W 56th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Carpet, Tile
  • All Bedrooms Down, Living Room
Interior Features
  • Beamed Ceilings
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
  • Has Parking
  • Parking Features: Garage, Driveway
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5101029008
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Not in a Development (Not in a Development)
  • Other Subdivision Name: Not in a Development (Not in a Developme
  • Directions: Located between Broadway and S Main Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 225 W 56th St

Last sold for $575,000 on April 3rd, 2019

  • April, 2019

  • Apr 4, 2019

    Date

    Sold

    CRMLS: 19423068

    $575,000

    Price

  • Mar 8, 2019

    Date

    Pending

    CRMLS: 19423068

    $549,900

    Price

  • Feb 22, 2019

    Date

    Withdrawn

    CRMLS: 19423068

    $549,900

    Price

  • Feb 22, 2019

    Date

    Active

    CRMLS: 19423068

    $549,900

    Price

  • Feb 12, 2019

    Date

    Hold

    CRMLS: 19423068

    $549,900

    Price

  • Feb 11, 2019

    Date

    Active

    CRMLS: 19423068

    $549,900

    Price

  • Feb 1, 2019

    Date

    Hold

    CRMLS: 19423068

    $549,900

    Price

  • Jan 25, 2019

    Date

    Pending

    CRMLS: 19423068

    $549,900

    Price

  • Jan 12, 2019

    Date

    Active

    CRMLS: 19423068

    $549,900

    Price

  • April, 2019

  • Apr 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

  • July, 2018

  • Jul 23, 2018

    Date

    Sold (Public Records)

    Public Records

    $349,464

    Price

  • June, 2018

  • Jun 20, 2018

    Date

    Sold

    CRMLS: DW18075454

    $305,000

    Price

  • May 1, 2018

    Date

    Pending

    CRMLS: DW18075454

    $285,900

    Price

  • Apr 3, 2018

    Date

    Active

    CRMLS: DW18075454

    $285,900

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity for Investors!!! BUY, FIX AND RENT!!! or live in one and rent the other. Property has 3 Beds/2Baths (Front Unit) 2 Beds/Bath (Back Unit). DUPLEX on LAR2 Zoning. 2 Car Detached Covered Garage in rear. Owner occupied and tenants. Property is selling AS IS. Need Repairs. Public Records has Property Description in total 3Beds/2Baths. Buyer must to check Sq Footage, Number of Rooms and Permits. NO SHOWINGS AT THIS TIME!!!! PLEASE DON'T CONTACT OR BOTHER TO THE OWNER AND TENANTS. THEY WON'T LET YOU IN.

  • February, 2018

  • Feb 21, 2018

    Date

    Canceled

    CRMLS: DW18021830

    $285,900

    Price

  • Jan 31, 2018

    Date

    Active

    CRMLS: DW18021830

    $285,900

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity for Investors!!! BUY, FIX, AND RENT!!! Or live in one and rent the other. Property has 3 Beds/2Baths and 2 Beds/1Bath. 2 Houses on LAR2 zoning. 2 Car Detached Covered Garage in rear. Both units will be vacant at C.O.E Property is selling AS IS. Need a lot repairs. Buyer must to check Sq Footage, Number of Rooms and Permits. Buyer to conduct all their investigation.

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Tax History for 225 W 56th St

Assessed Value (2020): $586,500
Year Land Value Improved Value Assessed Value
2020 $357,000 $229,500 $586,500

Home Value Compared to the Market

This property vs the competition

225 W 56th St sold on April 3, 2019 for 50.9% 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 $459.78 per/sqft which puts the price per square foot 36.49% lower than the current median sale per square foot for the city of Los Angeles.

About 225 W 56th St

Detailed summary of property

225 W 56th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 1,196 living square feet, and sits on an approximately 5,441 square foot lot. 225 W 56th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $575,000. 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 50.9% lower than the current median priced home. Local homes that are currently for sale include 523 W 76th Street, 940 W 76th St and 1122 E 67th St. While the average home in Los Angeles, CA is selling in 106 days, 225 W 56th St has a days on market of 15 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 225 W 56th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 225 W 56th St

Public county record property details
Beds
3
Baths
2
Year built
1915
Sq. Ft.
1,621
Lot Size
5,441
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5101-029-008

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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