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228 W 55Th St, Los Angeles, CA 90037
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228 W 55Th St Los Angeles, CA 90037

$850,000 Sold Price as of 10/31/2019
  • 10 Beds
  • 6 Baths
  • 3,506 Sq.Ft.
Sold
$850,000 Sold Price as of 10/31/2019 Refinance Your Mortgage
Map preview of 228 W 55Th St, Los Angeles, CA 90037

Property Overview: 228 W 55Th St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,506 living square feet and 5,491 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Investment Property - Duplex * Built in 2014* 5 Bedrooms and 3 Baths in Each Unit * 3 Car Garage * Duplex totals 3,506 SF * Dual Pane Windows * Kitchen with Granite Counter tops * $5,850 Rental Income Every Month

Listed by Cary Hairabedian | BRE #00876519 | RE/MAX College Park Realty
Last checked: 22 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,491
HOA Dues
$0/mo
Year built
2014
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19259369
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: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,925
  • Total Rent: $35,100
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,925
  • Total Rent: $35,100
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $70,200
  • Net Operating Income: $52,970
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,230
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,250
  • Trash: $0
  • Gardener: $780
  • Insurance: $1,000
  • Water/Sewer: $4,200

Property Details for 228 W 55Th St

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Gas & Electric Dryer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5101029024
  • 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: N/ Slauson, E/ S. Broadway
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 228 W 55Th St

Last sold for $850,000 on October 31st, 2019

  • October, 2019

  • Oct 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • October, 2019

  • Oct 31, 2019

    Date

    Sold

    CRMLS: PW19259369

    $850,000

    Price

  • Oct 30, 2018

    Date

    Active

    CRMLS: PW19259369

    $850,000

    Price

  • December, 2016

  • Dec 23, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,390,000

    Price

Show More

Tax History for 228 W 55Th St

Assessed Value (2020): $850,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $450,000 $850,000

Home Value Compared to the Market

This property vs the competition

228 W 55Th St sold on October 31, 2019 for 24.11% 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 $242.44 per/sqft which puts the price per square foot 66.51% lower than the current median sale per square foot for the city of Los Angeles.

About 228 W 55Th St

Detailed summary of property

228 W 55Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,506 living square feet, and sits on an approximately 5,491 square foot lot. 228 W 55Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $850,000. 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 24.11% lower than the current median priced home. Local homes that are currently for sale include 242 W 46th St, 817 W 53rd St and 6211 S San Pedro St. 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 228 W 55Th 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 228 W 55Th St

Public county record property details
Beds
10
Baths
6
Year built
2016
Sq. Ft.
3,506
Lot Size
5,491
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5101-029-024

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%)

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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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