Search
248 N Avenue 57, Los Angeles, CA 90042
Image 2 for 248 N Avenue 57, Los Angeles, CA 90042
Image 3 for 248 N Avenue 57, Los Angeles, CA 90042
View Photos

248 N Avenue 57 Los Angeles, CA 90042

$1,397,500 Sold Price as of 11/30/2021
  • 5 Beds
  • 18 Baths
  • 3,335 Sq.Ft.
Sold
$1,397,500 Sold Price as of 11/30/2021 Refinance Your Mortgage
Map preview of 248 N Avenue 57, Los Angeles, CA 90042

Property Overview: 248 N Avenue 57 Los Angeles, CA has 5 bedrooms, 18 bathrooms, 3,335 living square feet and 6,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT PASSIVE INCOME OPPORTUNITY AWAITS in the heart of Highland Park! This property is a corner lot and offers two separate structures and sits centrally located just one block from the Gold Line and minutes from the highway, York Blvd, restaurants, shopping, coffee houses, parks, and more. The property is gated and secured, and offers parking for all tenants. The units have been remodeled, and tastefully updated. The original craftsman home built in 1900 has been transformed into a lovely duplex. The larger unit is two stories and sits at roughly 1900 sf, with 3 beds and two baths. The second smaller unit sits at roughly 450 sf and is a one bed and one bath. The second structure, which is a newer build is two stories and offers one bed and one and half baths and is roughly just over 900 sf. All units are occupied with tenants who have been in place for years and are in good standing. The units offer dedicated outdoor entertainment space, ample storage, and parking. The property does fall under in the Historical Preservation Overlay Zone, which can offer great tax benefits. Come see this adorable triplex because it won't last long!

Listed by Carmine Sabatella | BRE #01945152 | COMPASS
Co-listed by Ryan Delair | BRE #02065324 | COMPASS
Last checked: 9 minutes ago | Last updated: November 9th, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,621
HOA Dues
$0/mo
Year built
1900
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
P1-7000
City
Los Angeles
County
Los Angeles
Time on Site
956 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,229
  • Total Rent: $1,229
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,799
  • Total Rent: $2,799
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 15
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $2,348
  • Total Rent: $2,348
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,512
  • Net Operating Income: $36,265
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,424
  • Electric: $1,950
  • Gas/Fuel: $0
  • New Taxes: $9,626
  • Trash: $900
  • Gardener: $2,650
  • Insurance: $1,789
  • Water/Sewer: $1,650

Property Details for 248 N Avenue 57

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, See Remarks
Laundry Information
  • Has Laundry
  • Inside, Individual Room
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Carpet, Wood, Tile
  • Attic, Kitchen, Laundry, Office, Primary Bedroom, Living Room, Family Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Water Heater, Range Hood, Microwave, Gas Water Heater, Gas Range, Refrigerator, Freezer
Interior Features
  • Built-in Features, Stone Counters, Tile Counters, Wainscoting, Storage, Recessed Lighting, Crown Molding, Coffered Ceiling(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood, Wrought Iron
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Auto Driveway Gate, Street, Gated, Driveway, Concrete
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Parcel Number: 5468033030
  • Year Built Source: Public Records
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Figueroa to Avenue 57 and its on the corner of Avenue 57 and Monte Vista
Neighborhood Information
  • Community Features: Biking, Sidewalks, Suburban, Street Lights, Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 248 N Avenue 57

Last sold for $485,000 on November 8th, 2004

  • November, 2004

  • Nov 8, 2004

    Date

    Sold (Public Records)

    Public Records

    $485,000

    Price

Tax History for 248 N Avenue 57

Assessed Value (2020): $737,742
Year Land Value Improved Value Assessed Value
2020 $382,362 $355,380 $737,742

Home Value Compared to the Market

This property vs the competition

248 N Avenue 57 sold on November 30, 2021 for 9.08% higher 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 $389.21 per/sqft which puts the price per square foot 48.45% lower than the current median sale per square foot for the city of Los Angeles.

About 248 N Avenue 57

Detailed summary of property

248 N Avenue 57 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 5 bedrooms, 18 bathrooms, roughly 3,335 living square feet, and sits on an approximately 6,621 square foot lot. 248 N Avenue 57 was first listed on ArdentRealEstateGroup.com on October 8, 2021. The homeowner sold the property for $1,397,500. 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 9.08% higher than the current median priced home. Local homes that are currently for sale include 6538 Meridian St, 4727 Lincoln Ave and 508 Chestnut Ave. While the average home in Los Angeles, CA is selling in 93 days, 248 N Avenue 57 has a days on market of 10 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 248 N Avenue 57 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 248 N Avenue 57

Public county record property details
Beds
5
Baths
4
Year built
1900
Sq. Ft.
3,335
Lot Size
6,649
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,4
APN
5468-033-030

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
$1,089,000
Median List Price/Sq.Ft.
$751
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
97
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 248 N Avenue 57

Nearby Homes for Sale

311 N Avenue 59, Los Angeles, CA 90042
$1,250,000
4 Beds
4 Baths
3380 Sq.Ft.
311 N Avenue 59
Los Angeles, CA 90042
5910 Monte Vista St, Los Angeles, CA 90042
$1,349,000
4 Beds
4 Baths
2621 Sq.Ft.
5910 Monte Vista St
Los Angeles, CA 90042
5938 E Echo St, Los Angeles, CA 90042
$1,350,000
48 Beds
24 Baths
2180 Sq.Ft.
5938 E Echo St
Los Angeles, CA 90042
5745 Arroyo Dr, Los Angeles, CA 90042
$1,275,000
12 Beds
6 Baths
4092 Sq.Ft.
5745 Arroyo Dr
Los Angeles, CA 90042
4943 Granada St, Los Angeles, CA 90042
$1,199,000
4 Beds
2 Baths
1793 Sq.Ft.
4943 Granada St
Los Angeles, CA 90042
4951 Baltimore St, Los Angeles, CA 90042
$1,249,000
3 Beds
2 Baths
1682 Sq.Ft.
4951 Baltimore St
Los Angeles, CA 90042
4951 Baltimore St, Los Angeles, CA 90042
$1,249,000
3 Beds
4 Baths
1682 Sq.Ft.
4951 Baltimore St
Los Angeles, CA 90042
4914 Mendota Ave, Los Angeles, CA 90042
$1,550,000
-- Beds
-- Baths
1794 Sq.Ft.
4914 Mendota Ave
Los Angeles, CA 90042
6171 Oak Crest Way, Los Angeles, CA 90042
$1,124,900
3 Beds
2 Baths
1664 Sq.Ft.
6171 Oak Crest Way
Los Angeles, CA 90042
718 N Ave 65, Los Angeles, CA 90042
$1,300,000
6 Beds
3 Baths
2251 Sq.Ft.
718 N Ave 65
Los Angeles, CA 90042
1461 Hepner Ave, Los Angeles, CA 90041
$1,499,000
6 Beds
5 Baths
3430 Sq.Ft.
1461 Hepner Ave
Los Angeles, CA 90041
1461 Hepner Ave, Los Angeles, CA 90041
$1,499,000
6 Beds
5 Baths
3430 Sq.Ft.
1461 Hepner Ave
Los Angeles, CA 90041

Recently Sold Homes Near 248 N Avenue 57

5635 Monte Vista St, Los Angeles, CA 90042
$9,225,000 Last Sold Price
26 Beds
29 Baths
-- Sq.Ft.
5635 Monte Vista St
Los Angeles, CA 90042
203 N Avenue 57, Los Angeles, CA 90042
$1,750,000 Last Sold Price
11 Beds
7 Baths
6112 Sq.Ft.
203 N Avenue 57
Los Angeles, CA 90042
139 N Avenue 55, Los Angeles, CA 90042
$675,000 Last Sold Price
2 Beds
2 Baths
1325 Sq.Ft.
139 N Avenue 55
Los Angeles, CA 90042
5667 Ash St, Los Angeles, CA 90042
$750,000 Last Sold Price
2 Beds
2 Baths
1 Sq.Ft.
5667 Ash St
Los Angeles, CA 90042

Related Resources to 248 N Avenue 57

New Listings in 90042
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote