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552 Cypress Ave, Los Angeles, CA 90065
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552 Cypress Ave Los Angeles, CA 90065

$475,000
  • 2 Beds
  • 2 Baths
  • 1,344 Sq.Ft.
Back Up Offer
$475,000 Get Pre-Qualified
Map preview of 552 Cypress Ave, Los Angeles, CA 90065

Property Overview: 552 Cypress Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,344 living square feet and 2,822 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Rare opportunity to own two charming one-bed, one-bath units in Cypress Park, each has a private one-car garage accessible via the alley. Perfectly situated for urban living, enjoy proximity to Downtown LA, Dodger Stadium, and seamless access to major freeways (110, 2, and 5). Embrace the convenience and lifestyle this property offers in the heart of the city.

Listed by Jill Peterson | BRE #01942273 | RE/MAX MASTERS REALTY
Co-listed by Mark Peterson | BRE #00886538 | RE/MAX MASTERS REALTY
Last checked: 13 minutes ago | Last updated: April 13th, 2024 | Source CRMLS | DOM: 191
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Home details

Lot Sq. Ft
2,822
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Duplex
Status
Back Up Offer
MLS#
CV23191388
City
Los Angeles
County
Los Angeles
Time on Site
196 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $7,800
  • Net Operating Income: $1,353
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,447
  • Gas/Fuel: $0
  • Trash: $1,450
  • Insurance: $950
  • Water/Sewer: $1,053

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Property Details for 552 Cypress Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: See Remarks
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Door Features: Service Entrance
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Fair Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5446008030
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: See Remarks
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: See Remarks
  • Utilities: Electricity Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: cross streets will be Figueroa and cypress
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 552 Cypress Ave

Last sold on March 22nd, 1994

  • April, 2024

  • Apr 13, 2024

    Date

    Back Up Offer

    CRMLS: CV23191388

    $475,000

    Price

  • Oct 13, 2023

    Date

    Active

    CRMLS: CV23191388

    $525,000

    Price

  • October, 2023

  • Oct 13, 2023

    Date

    Expired

    CRMLS: CV23110526

    $525,000

    Price

  • Jul 7, 2023

    Date

    Active

    CRMLS: CV23110526

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    CALLING ALL INVESTORS...tons of potential with this fixer!! This is your chance to own 2 units in the heart of Cypress Park. Each unit is one bed & one bath, with a one car garage (for each unit - alley access). Conveniently located near Downtown LA & Dodger Stadium with easy access to the 110, 2 and 5 Freeways. Rents are low: $900 & $650. Unit 552 is not paying rent, and unit 554 is paying $650. This purchase will be cash only!

  • March, 1994

  • Mar 22, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1994

  • Mar 22, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 552 Cypress Ave

Assessed Value (2020): $97,478
Year Land Value Improved Value Assessed Value
2020 $39,139 $58,339 $97,478

Home Value Compared to the Market

This property vs the competition

552 Cypress Ave is listed 61.97% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $353.42 per/sqft which puts the price per square foot 54.22% lower than the median price per square foot for the city of Los Angeles.

About 552 Cypress Ave

Detailed summary of property

552 Cypress Ave is a duplex located in Los Angeles, CA 90065 and is currently in escrow to be sold. This duplex offers 2 bedrooms, 2 bathrooms, roughly 1,344 living square feet, and sits on an approximately 2,822 square foot lot. 552 Cypress Ave was first listed on ArdentRealEstateGroup.com on October 13, 2023. The homeowner is currently asking $475,000 and was originally asking $525,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 61.97% lower than the median priced home. Local competing homes currently for sale include 220 W Colden Ave, 629 E 109th Pl and 800 W Imperial. While the average home in Los Angeles, CA is selling in 97 days, 552 Cypress Ave has a days on market of 191 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 552 Cypress Ave Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 552 Cypress Ave

Public county record property details
Beds
--
Baths
2
Year built
1923
Sq. Ft.
1,344
Lot Size
2,822
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5446-008-030

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,181,935
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,049,752
Median Sold Price/Sq.Ft.
$844
Total Inventory
74
Median Sale to List Price %
105.19%
Avg Days on Market
24
Loan Type
Conventional (23.53%), FHA (0%), VA (0%), Cash (17.65%), Other (11.76%)

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Recently Sold Homes Near 552 Cypress Ave

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$1,455,000 Last Sold Price
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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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