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2716 W 54Th St, Los Angeles, CA 90043
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2716 W 54Th St Los Angeles, CA 90043

$665,000
  • 8 Beds
  • 6 Baths
  • 3,018 Sq.Ft.
For Sale
$665,000 Get Pre-Qualified
Map preview of 2716 W 54Th St, Los Angeles, CA 90043

Property Overview: 2716 W 54Th St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,018 living square feet and 2,375 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Unlock the potential of this prime property, which comes with paid plans and permits, including the letter of RTI for a complete renovation. The property is designed to be transformed into two spacious residences, each featuring 4 bedrooms and over 1,500 square feet of living space. This investment offers a remarkable cap rate of 11%, with the potential for annual revenue of $103,000 while maintaining minimal expenses. Whether you're an experienced investor or looking to enter the real estate market, this opportunity is not to be missed. Don’t miss your chance to make this property your next successful venture!

Listed by Behrouz Lavi | BRE #01482721 | Keller Williams Realty-Studio City
Last checked: 1 minute ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
2,375
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
SR24157723
City
Los Angeles
County
Los Angeles
Time on Site
49 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: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,320
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,320
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $103,680
  • Net Operating Income: $86,480
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,200
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,700
  • Trash: $0
  • Insurance: $3,500
  • Maintenance: $3,600
  • Water/Sewer: $2,400

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Property Details for 2716 W 54Th St

Interior Features
Laundry Information
  • Has Laundry
  • In Kitchen
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
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5006026002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 54th st between Cranshaw and Arlington
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2716 W 54Th St

Last sold on April 25th, 2011

  • July, 2024

  • Jul 31, 2024

    Date

    Active

    CRMLS: SR24157723

    $675,000

    Price

  • April, 2011

  • Apr 25, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2011

  • Apr 19, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2716 W 54Th St

Assessed Value (2020): $12,270
Year Land Value Improved Value Assessed Value
2020 $6,919 $5,351 $12,270

Home Value Compared to the Market

This property vs the competition

2716 W 54Th St is listed 44.58% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $220.34 per/sqft which puts the price per square foot 71.31% lower than the median price per square foot for the city of Los Angeles.

About 2716 W 54Th St

Detailed summary of property

2716 W 54Th St is a duplex located in Los Angeles, CA 90043 and is currently for sale. This duplex offers 8 bedrooms, 6 bathrooms, roughly 3,018 living square feet, and sits on an approximately 2,375 square foot lot. 2716 W 54Th St was first listed on ArdentRealEstateGroup.com on July 31, 2024. The homeowner is currently asking $665,000 and was originally asking $675,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 44.58% lower than the median priced home. Local competing homes currently for sale include 1745 59th Pl, 1723 W 59th Pl and 1722 W 59th Pl. While the average home in Los Angeles, CA is selling in 106 days, 2716 W 54Th St has a days on market of 50 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 2716 W 54Th St Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2716 W 54Th St

Public county record property details
Beds
--
Baths
--
Year built
1922
Sq. Ft.
3,018
Lot Size
2,374
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
94
APN
5006-026-002

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$623
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$647
Total Inventory
95
Median Sale to List Price %
103.02%
Avg Days on Market
34
Loan Type
Conventional (29.17%), FHA (4.17%), VA (0%), Cash (20.83%), Other (4.17%)

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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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