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433 W 56Th St, Los Angeles, CA 90037
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433 W 56Th St Los Angeles, CA 90037

$800,000 Sold Price as of 07/23/2022
  • 9 Beds
  • 5 Baths
  • 2,401 Sq.Ft.
Sold
$800,000 Sold Price as of 07/23/2022 Refinance Your Mortgage
Map preview of 433 W 56Th St, Los Angeles, CA 90037

Property Overview: 433 W 56Th St Los Angeles, CA has 9 bedrooms, 5 bathrooms, 2,401 living square feet and 5,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INCOME $7625....Large 2 story Single Family House with 5 bedrooms and 3 bath with laundry in unit tastefully redone, rents for $$5400..Back Unit with additional income $2225. Has 2 rooms, bathroom and laundry. Plus additional basement with laundry hookups and storage. Tenants pay all utilities, trash, landscape ext.

Listed by Robbie Schultz | BRE #01218743 | Pacific Realty of California
Last checked: 6 minutes ago | Last updated: August 6th, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
5,399
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22139919
City
Los Angeles
County
Los Angeles
Time on Site
763 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $5,400
  • Total Rent: $5,400
  • Pro Forma/Market Rent: $5,900
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,225
  • Total Rent: $2,225
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 8.1
  • Gross Scheduled Income: --
  • Net Operating Income: $84,750
  • Gross Operating Income: $91,500
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $6,000
  • Insurance: $750

Property Details for 433 W 56Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate, Wood, Carpet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Auto Driveway Gate
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5001036030
  • Architectural Style: Craftsman
Location / Neighborhood
Location Information
  • Directions: Slauson Ave and Hoover St
View more facts & features

Local Los Angeles Agent

Sale History for 433 W 56Th St

Last sold for $800,000 on July 23rd, 2022

  • July, 2022

  • Jul 23, 2022

    Date

    Sold

    CRMLS: 22139919

    $800,000

    Price

  • Mar 25, 2022

    Date

    Active

    CRMLS: 22139919

    $739,000

    Price

  • February, 2021

  • Feb 18, 2021

    Date

    Sold

    CRMLS: 20576678

    $516,000

    Price

  • Jan 9, 2021

    Date

    Pending

    CRMLS: 20576678

    $560,000

    Price

  • Dec 10, 2020

    Date

    Price Change

    CRMLS: 20576678

    $560,000

    Price

  • May 8, 2020

    Date

    Active

    CRMLS: 20576678

    $570,000

    Price

  • Listing provided courtesy of CRMLS

    Easy to show, Large 2 story home with secure gated front entrance and fruit trees. Showings can NOW be scheduled as occupants in rear have vacated property. Home still has many of the original wood siding and beamed ceiling inside as well as some minor modifications. 2 bedrooms and half bath upstairs along with an extra bonus storage room. Downstairs has 2 larger bedrooms and perfect for a large or extended family. Detached Storage / Hobby Room in rear & basement storage below. Buyer to verify with LA City as to all permits included with structure.

  • February, 2021

  • Feb 17, 2021

    Date

    Sold (Public Records)

    Public Records

    $516,000

    Price

  • July, 2020

  • Jul 31, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 433 W 56Th St

Assessed Value (2020): $534,453
Year Land Value Improved Value Assessed Value
2020 $432,371 $102,082 $534,453

Home Value Compared to the Market

This property vs the competition

433 W 56Th St sold on July 23, 2022 for 29.62% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $307.79 per/sqft which puts the price per square foot 58.29% lower than the current median sale per square foot for the city of Los Angeles.

About 433 W 56Th St

Detailed summary of property

433 W 56Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 2,401 living square feet, and sits on an approximately 5,399 square foot lot. 433 W 56Th St was first listed on ArdentRealEstateGroup.com on March 25, 2022. The homeowner sold the property for $800,000. Home 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 29.62% lower than the current median priced home. Local homes that are currently for sale include 6527 Denver Ave, 6114 Wall St and 827 W 65th St. While the average home in Los Angeles, CA is selling in 97 days, 433 W 56Th St has a days on market of 19 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 433 W 56Th 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 433 W 56Th St

Public county record property details
Beds
4
Baths
1
Year built
1907
Sq. Ft.
1,781
Lot Size
5,398
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5001-036-030

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
$725,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
31
Median Sale to List Price %
101.93%
Avg Days on Market
35
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (25%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 433 W 56Th St

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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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