3554 E 7th St, Los Angeles, CA 90023
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3554 E 7th St Los Angeles, CA 90023

$550,000 Sold Price as of 04/18/2019
  • 6 Beds
  • 3 Baths
  • 1,845 Sq.Ft.
Sold
$550,000 Sold Price as of 04/18/2019 Refinance Your Mortgage

Map preview of 3554 E 7th St, Los Angeles, CA 90023

Property Overview: 3554 E 7th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,845 living square feet and 8,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Just reduced for quicker sale. Two separate houses on a lot in Boyle Heights. Front house is a 2 bedroom 2 bath with a dining room. Back house is a 4 bedroom 1 bath with basement and a 1 car attached garage and a detached garage for more cars. More parking area on driveway. Ideal units for an investor or owner to live on the property. City says zoning allows for the construction of 5 units.

Listed by RICHARD LOPEZ | BRE #00940542 | CENTURY 21 GEORGE MICHAEL
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
8,621
HOA Dues
$0/mo
Year built
1893
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
MB19038428
City
Los Angeles
County
Los Angeles
Time on Site
1263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,650
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 3554 E 7th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 9
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5188014005
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S/Whittier Blvd. - W/Indiana Ave.
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
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Sale History for 3554 E 7th St

Last sold for $550,000 on April 18th, 2019
  • April, 2019

  • Apr 19, 2019

    Date

    Sold

    CRMLS: MB19038428

    $550,000

    Price

  • Mar 27, 2019

    Date

    Pending

    CRMLS: MB19038428

    $589,000

    Price

  • Mar 18, 2019

    Date

    Price Change

    CRMLS: MB19038428

    $589,000

    Price

  • Feb 27, 2019

    Date

    Active

    CRMLS: MB19038428

    $629,000

    Price

  • Feb 24, 2019

    Date

    Pending

    CRMLS: MB19038428

    $629,000

    Price

  • Feb 21, 2019

    Date

    Active

    CRMLS: MB19038428

    $629,000

    Price

  • April, 2019

  • Apr 18, 2019

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • April, 2019

  • Apr 18, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3554 E 7th St

Assessed Value (2020): $561,000
Year Land Value Improved Value Assessed Value
2020 $363,120 $197,880 $561,000

Home Value Compared to the Market

This property vs the competition

3554 E 7th St sold on April 18, 2019 for 47.88% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $319.24 per/sqft which puts the price per square foot 57.66% lower than the current median sale per square foot for the city of Los Angeles.

About 3554 E 7th St

Detailed summary of property

3554 E 7th St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 1,845 living square feet, and sits on an approximately 8,621 square foot lot. 3554 E 7th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $550,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.88% lower than the current median priced home. Local homes that are currently for sale include 7818 Avalon Blvd, 731 E 84th St and 936 E 91st St. While the average home in Los Angeles, CA is selling in 98 days, 3554 E 7th St has a days on market of 30 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 3554 E 7th St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3554 E 7th St

Public county record property details
Beds
6
Baths
3
Year built
1893
Sq. Ft.
1,845
Lot Size
8,621
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
69
APN
5188-014-005

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$656
Total Inventory
21
Median Sale to List Price %
105.88%
Avg Days on Market
28
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 3554 E 7th St

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.