Search
249 S Avenue 54, Los Angeles, CA 90042
Image 2 for 249 S Avenue 54, Los Angeles, CA 90042
Image 3 for 249 S Avenue 54, Los Angeles, CA 90042
View Photos

249 S Avenue 54 Los Angeles, CA 90042

$1,276,000 Sold Price as of 12/27/2021
  • 6 Beds
  • 3 Baths
  • 2,996 Sq.Ft.
Sold
$1,276,000 Sold Price as of 12/27/2021 Refinance Your Mortgage
Map preview of 249 S Avenue 54, Los Angeles, CA 90042

Property Overview: 249 S Avenue 54 Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,996 living square feet and 17,385 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Three houses on a lot in the heart of Highland Park on almost a half acre lot. Tucked in between the Griffith Observatory and the 110 Parkway, you are minutes away from DTLA, the metro station, hiking trails, dog parks, and all the restaurants and entertainment. Please check with the City of Los Angeles there may be an opportunity to build additional units on lot. This property is ready for development or renovation.

Listed by Ruben Martinez | BRE #01027549 | Fiduciary Real Estate Services
Co-listed by Logan Martinez | BRE #01960924 | Fiduciary Real Estate Services
Last checked: 14 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
17,385
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21236909
City
Los Angeles
County
Los Angeles
Time on Site
978 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 5
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $675
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $26,100
  • Net Operating Income: $14,872
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,228
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1,738
  • Trash: $0
  • Insurance: $4,759
  • Maintenance: $1,736
  • Professional Management: $1,827
  • Water/Sewer: $0
  • Other Expenses: $1,168
  • Other Expense Description: City

Property Details for 249 S Avenue 54

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5468013025
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off Longfellow Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 249 S Avenue 54

Last sold for $1,276,000 on December 27th, 2021

  • October, 2021

  • Oct 28, 2021

    Date

    Active

    CRMLS: OC21236909

    $960,000

    Price

  • August, 1998

  • Aug 20, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 249 S Avenue 54

Assessed Value (2020): $76,607
Year Land Value Improved Value Assessed Value
2020 $49,512 $27,095 $76,607

Home Value Compared to the Market

This property vs the competition

249 S Avenue 54 sold on December 27, 2021 for 24.65% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $320.43 per/sqft which puts the price per square foot 59.49% lower than the current median sale per square foot for the city of Los Angeles.

About 249 S Avenue 54

Detailed summary of property

249 S Avenue 54 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,996 living square feet, and sits on an approximately 17,385 square foot lot. 249 S Avenue 54 was first listed on ArdentRealEstateGroup.com on October 28, 2021. The homeowner sold the property for $1,276,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.65% lower than the current median priced home. Local homes that are currently for sale include 3055 Future St, 2221 Griffin Ave and 5231 Loleta Ave. While the average home in Los Angeles, CA is selling in 100 days, 249 S Avenue 54 has a days on market of 33 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 249 S Avenue 54 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 249 S Avenue 54

Public county record property details
Beds
8
Baths
4
Year built
1922
Sq. Ft.
2,996
Lot Size
17,384
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14,15
APN
5468-013-025

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
$1,200,000
Median List Price/Sq.Ft.
$789
Median Sold Price
$1,140,000
Median Sold Price/Sq.Ft.
$895
Total Inventory
90
Median Sale to List Price %
115.27%
Avg Days on Market
19
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (34.62%), Other (7.69%)

Thinking of Selling?

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

Homes for Sale Near 249 S Avenue 54

Nearby Homes for Sale

5621 Carlota Blvd, Los Angeles, CA 90042
$1,499,000
4 Beds
3 Baths
-- Sq.Ft.
5621 Carlota Blvd
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
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
4943 Granada St, Los Angeles, CA 90042
$1,199,000
4 Beds
2 Baths
1793 Sq.Ft.
4943 Granada St
Los Angeles, CA 90042
829 El Paso Dr, Los Angeles, CA 90042
$1,050,000
4 Beds
3 Baths
1696 Sq.Ft.
829 El Paso Dr
Los Angeles, CA 90042
4951 Baltimore St, Los Angeles, CA 90042
$1,198,000
3 Beds
2 Baths
1682 Sq.Ft.
4951 Baltimore St
Los Angeles, CA 90042
4951 Baltimore St, Los Angeles, CA 90042
$1,198,000
3 Beds
4 Baths
1682 Sq.Ft.
4951 Baltimore St
Los Angeles, CA 90042
401 W Avenue 37, Los Angeles, CA 90065
$1,195,000
4 Beds
2 Baths
2334 Sq.Ft.
401 W Avenue 37
Los Angeles, CA 90065
508 Chestnut Ave, Los Angeles, CA 90042
$1,450,000
7 Beds
6 Baths
3615 Sq.Ft.
508 Chestnut Ave
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
3501 Lifur Ave, Los Angeles, CA 90032
$1,450,000
13 Beds
12 Baths
3644 Sq.Ft.
3501 Lifur Ave
Los Angeles, CA 90032

Recently Sold Homes Near 249 S Avenue 54

238 S Avenue 54, Los Angeles, CA 90042
$742,500 Last Sold Price
3 Beds
2 Baths
1640 Sq.Ft.
238 S Avenue 54
Los Angeles, CA 90042
301 S Avenue 55, Los Angeles, CA 90042
$850,000 Last Sold Price
5 Beds
3 Baths
2011 Sq.Ft.
301 S Avenue 55
Los Angeles, CA 90042
154 S Avenue 54, Los Angeles, CA 90042
$1,550,000 Last Sold Price
4 Beds
3 Baths
2290 Sq.Ft.
154 S Avenue 54
Los Angeles, CA 90042
159 S Avenue 53, Los Angeles, CA 90042
$1,140,000 Last Sold Price
5 Beds
5 Baths
2107 Sq.Ft.
159 S Avenue 53
Los Angeles, CA 90042

Related Resources to 249 S Avenue 54

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