315 W 54Th St Los Angeles, CA 90037

$485,000 Sold Price as of 06/01/2017

3 Beds
3 Baths
1,866 Sq.Ft.

Off Market

$485,000 Sold Price as of 06/01/2017 Refinance Your Mortgage

Map preview of 315 W 54Th St, Los Angeles, CA 90037

Property Overview: 315 W 54Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,866 living square feet and 5,721 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

315 W 54Th St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $773. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $52,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 315 W 54Th St

Last sold for $485,000 on June 1st, 2017

April, 2023
Apr 15, 2023

Date

Expired

CRMLS: SB22198119

$689,000

Price
Sep 15, 2022

Date

Active

CRMLS: SB22198119

$689,000

Price
Listing provided courtesy of CRMLS

Updated and well maintained 3-unit property with strong rental income located in the South Park neighborhood of LA. This cash flowing property features spacious one bedroom units that were remodeled prior to current occupancy with in unit laundry. There is also a large storage shed on site for extra income. This is a great investor opportunity offered at a 13.0 GRM and 5.0 Cap Rate on current rents with an additional 19% upside. Only 1.5 miles from Exposition Park and USC with easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local elementary, middle & high schools. Less than 3/10 of a mile to South Park Recreation Center featuring green space, outdoor pool, tennis & basketball courts, baseball field & playground.

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June, 2017
Jun 1, 2017

Date

Sold (Public Records)

Public Records

$485,000

Price
July, 2016
Jul 1, 2016

Date

Sold (Public Records)

Public Records

$305,000

Price

Tax History for 315 W 54Th St

Assessed Value (2020): $514,685

Year	Land Value	Improved Value	Assessed Value
2020	$350,198	$164,487	$514,685

About 315 W 54Th St

Detailed summary of property

315 W 54Th St is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90037 and last sold on June 1, 2017 for $485,000. This property has 3 bedrooms, 3 bathrooms, roughly 1,866 living square feet, and sits on an approximately 5,721 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 53.81% lower than the current median priced home. 315 W 54Th St was last sold on June 1, 2017 for $485,000. Local nearby listings include 1118 W 53rd St, 1100 W 50th St and 4125 S Figueroa St #202. The average home in Los Angeles, CA is selling in 97 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. If you are the homeowner and looking to sell the home at 315 W 54Th 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 315 W 54Th St

Public county record property details

Beds: 3
Baths: 3
Year built: 1915
Sq. Ft.: 1,866
Lot Size: 5,721
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 57
APN: 5101-035-019

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

$700,000

Median List Price/Sq.Ft.

$517

Median Sold Price

$739,000

Median Sold Price/Sq.Ft.

$472

Total Inventory

Median Sale to List Price %

101.93%

Avg Days on Market

Loan Type

Conventional (50%), FHA (25%), VA (0%), Cash (25%), Other (0%)

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