355 E 53Rd St, Los Angeles, CA 90011
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355 E 53Rd St Los Angeles, CA 90011

$450,000 Sold Price as of 09/02/2021
  • 2 Beds
  • 2 Baths
  • 1,280 Sq.Ft.
Sold
$450,000 Sold Price as of 09/02/2021 Refinance Your Mortgage

Map preview of 355 E 53Rd St, Los Angeles, CA 90011

Property Overview: 355 E 53Rd St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,280 living square feet and 5,263 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great property across from one of the schools in the area. With the right touch, this property will be perfect to grow your investment portfolio! The property can be delivered vacant at the close of escrow.

Listed by BENJAMIN KUBO | BRE #01913485 | KUBO REALTY & INVESTMENTS GROU
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,263
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
MB21166219
City
Los Angeles
County
Los Angeles
Time on Site
1019 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,000
  • Net Operating Income: $1,163
  • Gross Operating Income: $1,800
Annual Expense Breakdown
  • Total Operating Expense: $638
  • Trash: $25
  • Insurance: $150
  • Other Expenses: $463
  • Other Expense Description: prop tax

Property Details for 355 E 53Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5109025032
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: From 110, take 51st St exit. Turn east. Go down to San Pedro St and turn right. Turn left on E. 53rd St and house is on the left.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 355 E 53Rd St

Last sold for $450,000 on September 2nd, 2021
  • September, 2021

  • Sep 3, 2021

    Date

    Sold

    CRMLS: MB21166219

    $450,000

    Price

  • Aug 1, 2021

    Date

    Pending

    CRMLS: MB21166219

    $445,000

    Price

  • Jul 29, 2021

    Date

    Active

    CRMLS: MB21166219

    $445,000

    Price

  • September, 1997

  • Sep 18, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 1996

  • Aug 1, 1996

    Date

    Sold (Public Records)

    Public Records

    $95,000

    Price

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Tax History for 355 E 53Rd St

Assessed Value (2020): $141,452
Year Land Value Improved Value Assessed Value
2020 $74,450 $67,002 $141,452

Home Value Compared to the Market

This property vs the competition

355 E 53Rd St sold on September 2, 2021 for 62.61% lower 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 $347.66 per/sqft which puts the price per square foot 53.95% lower than the current median sale per square foot for the city of Los Angeles.

About 355 E 53Rd St

Detailed summary of property

355 E 53Rd St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,280 living square feet, and sits on an approximately 5,263 square foot lot. 355 E 53Rd St was first listed on ArdentRealEstateGroup.com on July 29, 2021. The homeowner sold the property for $450,000. 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 62.61% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 93 days, 355 E 53Rd St has a days on market of 3 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 355 E 53Rd St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 355 E 53Rd St

Public county record property details
Beds
2
Baths
2
Year built
1910
Sq. Ft.
1,280
Lot Size
5,263
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5109-025-032

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.