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3861 W 54Th St, Los Angeles, CA 90043
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3861 W 54Th St Los Angeles, CA 90043

$1,300,000 Sold Price as of 03/26/2019
  • 7 Beds
  • 5 Baths
  • 3,756 Sq.Ft.
Sold
$1,300,000 Sold Price as of 03/26/2019 Refinance Your Mortgage
Map preview of 3861 W 54Th St, Los Angeles, CA 90043

Property Overview: 3861 W 54Th St Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,756 living square feet and 6,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5 unit building, gated entry, newer paint, 2 units remodeled with new kitchens, new bathrooms, granite, new windows, needs to be seen. Lots of room in rents. Good up and coming area, minutes from the New Rams Stadium, near library church, and schools Good Investment property. 4 garages, 2 garages vacant at close.

Listed by Linda Light | BRE #00786737 | Coldwell Banker Residential Br
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 106

Home details

Lot Sq. Ft
6,001
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18402508
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $1,075
  • Pro Forma/Market Rent: $1,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.73
  • Gross Scheduled Income: --
  • Net Operating Income: $58,240
  • Gross Operating Income: $90,240
  • Improvements Total: $295,800
Annual Expense Breakdown
  • Total Operating Expense: --
  • Gas/Fuel: $800
  • Insurance: $3,000
  • Maintenance: $4,500
  • Water/Sewer: $6,000

Property Details for 3861 W 54Th St

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Street
Property Information
  • Total # of Units: 5
  • Parcel Number: 5007008003
Location / Neighborhood
Location Information
  • Directions: North of Slauson, West of LaBrea, South of Angeles Vista, in LA COUNTY
View more facts & features

Local Los Angeles Agent

Sale History for 3861 W 54Th St

Last sold for $1,300,000 on March 26th, 2019

  • March, 2019

  • Mar 26, 2019

    Date

    Sold

    CRMLS: 18402508

    $1,300,000

    Price

  • Feb 24, 2019

    Date

    Active Under Contract

    CRMLS: 18402508

    $1,359,000

    Price

  • Nov 3, 2018

    Date

    Active

    CRMLS: 18402508

    $1,359,000

    Price

  • March, 2019

  • Mar 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • June, 2016

  • Jun 13, 2016

    Date

    Sold (Public Records)

    Public Records

    $965,000

    Price

Show More

Tax History for 3861 W 54Th St

Assessed Value (2020): $1,326,000
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $306,000 $1,326,000

Home Value Compared to the Market

This property vs the competition

3861 W 54Th St sold on March 26, 2019 for 14.2% higher 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 $361.82 per/sqft which puts the price per square foot 52.08% lower than the current median sale per square foot for the city of Los Angeles.

About 3861 W 54Th St

Detailed summary of property

3861 W 54Th St is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 3,756 living square feet, and sits on an approximately 6,001 square foot lot. 3861 W 54Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,300,000. 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 14.2% higher than the current median priced home. Local homes that are currently for sale include 2219 Obama Blvd, 1901 W Martin Luther King Jr Blvd and 4351 S Western Ave. While the average home in Los Angeles, CA is selling in 94 days, 3861 W 54Th St has a days on market of 106 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 3861 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 3861 W 54Th St

Public county record property details
Beds
7
Baths
5
Year built
1949
Sq. Ft.
3,756
Lot Size
6,001
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
94
APN
5007-008-003

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
$949,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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Recently Sold Homes Near 3861 W 54Th St

3869 W 54Th St, Los Angeles, CA 90043
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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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