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301 S Avenue 55, Los Angeles, CA 90042
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301 S Avenue 55 Los Angeles, CA 90042

$1,200,000
  • 5 Beds
  • 3 Baths
  • 2,011 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified
Map preview of 301 S Avenue 55, Los Angeles, CA 90042

Property Overview: 301 S Avenue 55 Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,011 living square feet and 6,745 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: Welcome to 301 S Avenue 55, Los Angeles, CA 90042—a beautifully remodeled triplex in the heart of Highland Park. The front unit dazzles with modern updates and stylish finishes, offering a blend of contemporary living and classic charm. The property features a large driveway providing ample parking space and a 3-car garage with the potential for an ADU conversion. This is a rare opportunity to own a prime piece of real estate in a highly sought-after area. Perfect for investors, homeowners looking for rental income, or primary home this triplex promises both luxury and convenience. Don’t miss out on this exceptional property!

Listed by Kris Garrido | BRE #01861119 | Capital Management Realty, Inc
Co-listed by Alex Lee | BRE #01818441 | Capital Management Realty, Inc
Last checked: 8 minutes ago | Last updated: June 30th, 2024 | Source CRMLS | DOM: 7
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Home details

Lot Sq. Ft
6,745
HOA Dues
$0/mo
Year built
1914
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
OC24130978
City
Los Angeles
County
Los Angeles
Time on Site
6 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,861
  • Total Rent: $1,861
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,564
  • Total Rent: $2,564
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,040
  • Net Operating Income: $52,590
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,450
  • Electric: $400
  • Gas/Fuel: $200
  • Trash: $1,200
  • Insurance: $1,313
  • Water/Sewer: $1,200

Open Houses for 301 S Avenue 55

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Property Details for 301 S Avenue 55

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
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: 0-1 Unit/Acre, Front Yard, Garden, Level with Street, Rectangular Lot, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5468029020
  • Year Built Source: Other
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: major cross street Carlota Blvd
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 301 S Avenue 55

Last sold for $850,000 on November 8th, 2023

  • June, 2024

  • Jun 26, 2024

    Date

    Active

    CRMLS: OC24130978

    $1,200,000

    Price

  • November, 2023

  • Nov 8, 2023

    Date

    Sold

    CRMLS: MB22242313

    $850,000

    Price

  • Nov 15, 2022

    Date

    Active

    CRMLS: MB22242313

    $999,999

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION! Introducing a highly sought-after new listing in Highland Park's desirable neighborhood. This property features three units, including two with two bedrooms and one bathroom, and one with a single bedroom and bathroom. One of the units is a newer construction from around 1970, ensuring modern comforts. The gated lot is sizable, spanning approximately 7,000 square feet, and offers dedicated garages for each unit, along with additional parking spaces between the buildings. The location is unbeatable, with Downtown LA, Glendale, Pasadena, the Rose Bowl Stadium, and the Dodger Stadium all nearby. Convenient access to the 110 Freeway, excellent schools, parks, and churches along Figueroa Street make this an ideal choice. Hurry, at this price it won't last! Contact us immediately for a private showing.

  • September, 2021

  • Sep 1, 2021

    Date

    Expired

    CRMLS: IG21030009

    $988,000

    Price

  • Jun 22, 2021

    Date

    Price Change

    CRMLS: IG21030009

    $988,000

    Price

  • May 24, 2021

    Date

    Price Change

    CRMLS: IG21030009

    $988,800

    Price

  • May 24, 2021

    Date

    Active

    CRMLS: IG21030009

    $1,050,000

    Price

  • May 24, 2021

    Date

    Hold

    CRMLS: IG21030009

    $1,050,000

    Price

  • Apr 13, 2021

    Date

    Price Change

    CRMLS: IG21030009

    $1,050,000

    Price

  • Apr 13, 2021

    Date

    Active

    CRMLS: IG21030009

    $988,800

    Price

  • Feb 25, 2021

    Date

    Active Under Contract

    CRMLS: IG21030009

    $988,800

    Price

  • Feb 15, 2021

    Date

    Active

    CRMLS: IG21030009

    $988,800

    Price

  • Feb 12, 2021

    Date

    Coming Soon

    CRMLS: IG21030009

    $988,800

    Price

  • Listing provided courtesy of CRMLS

    301 S Avenue 55, Los Angeles, CA 90042-4605 (SUBDIVISION OF CERTIAN LOTS IN HIGHLAND PARK TRACT) is a Multi-Family TRIPLEX. Built in 1971. (BUILDING 1) features 2 ATTACHED UNITS, 1,174 Building Sq Ft, 2 Beds 1 bath in 1st unit and 1 Bed & 1 Bath in 2nd unit. (BUILDING 2) features 1 unit above a 3 car garage , 837 Building Sq Ft, 2 Beds, 1 Bath. Total Lot Area 6,743.*** The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can and should be independently verified by the recipient of this report with the applicable county or municipality.*** Seller(s) and Listing Brokerage assumes no liability for the accuracy of the the data provided.

  • January, 2003

  • Jan 16, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2001

  • Mar 20, 2001

    Date

    Sold (Public Records)

    Public Records

    $181,000

    Price

Show More

Tax History for 301 S Avenue 55

Assessed Value (2020): $668,560
Year Land Value Improved Value Assessed Value
2020 $477,543 $191,017 $668,560

Home Value Compared to the Market

This property vs the competition

301 S Avenue 55 is listed 0% higher 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 $772 and this home is listed at $596.72 per/sqft which puts the price per square foot 22.7% lower than the median price per square foot for the city of Los Angeles.

About 301 S Avenue 55

Detailed summary of property

301 S Avenue 55 is a triplex located in Los Angeles, CA 90042 and is currently for sale. This triplex offers 5 bedrooms, 3 bathrooms, roughly 2,011 living square feet, and sits on an approximately 6,745 square foot lot. 301 S Avenue 55 was first listed on ArdentRealEstateGroup.com on June 26, 2024. The homeowner is currently asking $1,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0% higher than the median priced home. Local competing homes currently for sale include 4951 Baltimore St, 401 W Avenue 37 and 4936 Templeton St. While the average home in Los Angeles, CA is selling in 100 days, 301 S Avenue 55 has a days on market of 7 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 301 S Avenue 55 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 301 S Avenue 55

Public county record property details
Beds
5
Baths
3
Year built
1914
Sq. Ft.
2,011
Lot Size
6,742
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5468-029-020

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%)

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Recently Sold Homes Near 301 S Avenue 55

249 S Avenue 54, Los Angeles, CA 90042
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3 Baths
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238 S Avenue 54, Los Angeles, CA 90042
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154 S Avenue 54, Los Angeles, CA 90042
$1,550,000 Last Sold Price
4 Beds
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154 S Avenue 54
Los Angeles, CA 90042

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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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