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634 W 55Th St, Los Angeles, CA 90037
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634 W 55Th St Los Angeles, CA 90037

$685,000 Sold Price as of 01/11/2024
  • 10 Beds
  • 9 Baths
  • 2,184 Sq.Ft.
Sold
$685,000 Sold Price as of 01/11/2024 Refinance Your Mortgage
Map preview of 634 W 55Th St, Los Angeles, CA 90037

Property Overview: 634 W 55Th St Los Angeles, CA has 10 bedrooms, 9 bathrooms, 2,184 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic investment opportunity in a prime location! The front house boasts three bedrooms and two bathrooms, generating a rental income of $2,950. The back unit offers two bedrooms and one bathroom, providing a steady monthly rent of $2,755. Lots of storage. All the tenants are long-term, reliable, and consistently pay their rent on time, ensuring a stable income stream. The property is being sold "as is," and the responsibility of verifying square footage and permits falls on the agent. Don't miss out on this opportunity to add a lucrative investment property to your portfolio! Act now and seize the chance to acquire this income-generating gem with existing tenants in place.

Listed by Daniella Fiallos | BRE #02095346 | Keller Williams Downtown LA
Last checked: 5 minutes ago | Last updated: January 12th, 2024 | Source CRMLS | DOM: 175

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23279445
City
Los Angeles
County
Los Angeles
Time on Site
473 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,755
  • Total Rent: $2,755
  • Pro Forma/Market Rent: $2,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.37
  • Gross Scheduled Income: --
  • Net Operating Income: $39,468
  • Gross Operating Income: $21,253
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 634 W 55Th St

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport, Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5001022011
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 55th/Figueroa
View more facts & features

Local Los Angeles Agent

Sale History for 634 W 55Th St

Last sold for $685,000 on January 11th, 2024

  • January, 2024

  • Jan 11, 2024

    Date

    Sold

    CRMLS: 23279445

    $685,000

    Price

  • Jun 12, 2023

    Date

    Active

    CRMLS: 23279445

    $750,000

    Price

  • August, 2021

  • Aug 12, 2021

    Date

    Active

    CRMLS: 21771824

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    Great Location 3 Bedrooms and 2 Bath Each Unit. Close to Downtown Los Angeles. Lot Size Approx. 6,750 and Sq. Ft.: 2,184. Buyer to verify condition of property. Property will not be delivered vacant.

  • August, 2021

  • Aug 1, 2021

    Date

    Expired

    CRMLS: 21676364

    $700,000

    Price

  • May 22, 2021

    Date

    Active

    CRMLS: 21676364

    $700,000

    Price

  • May 11, 2021

    Date

    Pending

    CRMLS: 21676364

    $700,000

    Price

  • May 10, 2021

    Date

    Active

    CRMLS: 21676364

    $700,000

    Price

  • Apr 9, 2021

    Date

    Pending

    CRMLS: 21676364

    $700,000

    Price

  • Jan 6, 2021

    Date

    Active

    CRMLS: 21676364

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    Great Location, Close to Downtown Los Angeles, USC, Banc of California. 2 units 3 Bedrooms and 2 baths Each. Lot Size approx. 6,750 and 2,184 Sq. Ft. Zoning LAR 4.

  • January, 2020

  • Jan 2, 2020

    Date

    Expired

    CRMLS: 19508430

    $695,000

    Price

  • Sep 8, 2019

    Date

    Active

    CRMLS: 19508430

    $695,000

    Price

  • Listing provided courtesy of CRMLS

    DUPLEX 3 BEDROOMS AND 2 BATH EACH. LOT SIZE APPROX. 6,750 SQFT APPROX 2,184. LAR 4 ZONING

  • August, 2019

  • Aug 1, 2019

    Date

    Expired

    CRMLS: 19474766

    $695,000

    Price

  • Jun 6, 2019

    Date

    Active

    CRMLS: 19474766

    $695,000

    Price

  • Listing provided courtesy of CRMLS

    Duplex close to USC , and Downtown Los Angeles. 3 Bedrooms and 2 Baths Each Unit. LAR4 Zoning. Lot Size Aprox. 6,750 and Building Sq. Ft. : 2,184. Built in 1909. 2 Car Garage in the back of the units. Property to be Sold in AS IS Conditions. Tenants will remain in Place.

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: 18365404

    $670,000

    Price

  • Jul 16, 2018

    Date

    Active

    CRMLS: 18365404

    $670,000

    Price

  • Listing provided courtesy of CRMLS

    Duplex 3 bedrooms 2 baths front unit. 2 Bed 2 bath back unit. Additional room upstairs, and additional room in the back next to Garage. Lot Size approx. 6,750. Sqt. ft approx 2,184. Property will be sold in as is conditions, no repairs will be made. Tenants will remain, including the tenants living in the the two additional rooms. Buyer to verify permits of additional rooms. Do not disturb tenants . showings with apoinment only. Thank you for Showing. Close to Schools, Downtown LA, and USC. Rent Control.

  • July, 2018

  • Jul 13, 2018

    Date

    Canceled

    CRMLS: 17242578

    $655,000

    Price

  • May 17, 2018

    Date

    Pending

    CRMLS: 17242578

    $655,000

    Price

  • May 16, 2018

    Date

    Active

    CRMLS: 17242578

    $655,000

    Price

  • May 9, 2018

    Date

    Pending

    CRMLS: 17242578

    $655,000

    Price

  • Jun 17, 2017

    Date

    Active

    CRMLS: 17242578

    $655,000

    Price

  • Listing provided courtesy of CRMLS

    Duplex 3 bedroom 2 bath Each. and 2 bedrooms and 1 bath. Approx. 2,184 Sq. Ft. Lot Size is Approx. 6,750. Close to Schools, and Downtown Los Angeles. Thank you for showing.

  • April, 2007

  • Apr 23, 2007

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • November, 2002

  • Nov 7, 2002

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

Show More

Tax History for 634 W 55Th St

Assessed Value (2020): $661,000
Year Land Value Improved Value Assessed Value
2020 $550,800 $110,200 $661,000

Home Value Compared to the Market

This property vs the competition

634 W 55Th St sold on January 11, 2024 for 37.5% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $320.51 per/sqft which puts the price per square foot 55.73% lower than the current median sale per square foot for the city of Los Angeles.

About 634 W 55Th St

Detailed summary of property

634 W 55Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 10 bedrooms, 9 bathrooms, roughly 2,184 living square feet, and sits on an approximately 6,750 square foot lot. 634 W 55Th St was first listed on ArdentRealEstateGroup.com on June 13, 2023. The homeowner sold the property for $685,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.5% lower than the current median priced home. Local homes that are currently for sale include 444 W Gage Ave, 440 W Gage Ave and 837 W Gage Ave. While the average home in Los Angeles, CA is selling in 106 days, 634 W 55Th St has a days on market of 175 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 634 W 55Th 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 634 W 55Th St

Public county record property details
Beds
5
Baths
4
Year built
1909
Sq. Ft.
2,184
Lot Size
6,749
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
5001-022-011

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
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
35
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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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