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708 W 53Rd St, Los Angeles, CA 90037
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708 W 53Rd St Los Angeles, CA 90037

$580,000 Sold Price as of 02/23/2024
  • 4 Beds
  • 2 Baths
  • 1,734 Sq.Ft.
Sold
$580,000 Sold Price as of 02/23/2024 Refinance Your Mortgage
Map preview of 708 W 53Rd St, Los Angeles, CA 90037

Property Overview: 708 W 53Rd St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,734 living square feet and 5,440 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Vermont Square Craftsman style duplex with mirrored two bed + 1 bath units already rented out and bringing in income in the heart of South Los Angeles. Great investment opportunity. Front door leads into living room. No need for tenants to share laundry facilities as each unit has their own washer and dryer. 2 bed + 1 bath layout is great for a family or roommates. Off street parking and separate entrances provides convenience and privacy. Duplex located nearby USC, Natural History Museum, The Coliseum, shopping, entertainment, dining and more. Trust Sale.

Listed by Oren Kozikaro | BRE #02163000 | Trust Properties USA,Inc
Co-listed by Larry Bovshow | BRE #00768672 | Trust Properties USA,Inc
Last checked: 1 minute ago | Last updated: February 24th, 2024 | Source CRMLS | DOM: 115

Home details

Lot Sq. Ft
5,440
HOA Dues
$0/mo
Year built
1917
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
SR23173525
City
Los Angeles
County
Los Angeles
Time on Site
241 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,468
  • Total Rent: $1,468
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $48,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0

Property Details for 708 W 53Rd St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: One
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 Parking Spaces: 2
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 5001026029
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East of S. Normandie Ave. North of Slauson Ave.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 708 W 53Rd St

Last sold for $580,000 on February 23rd, 2024

  • February, 2024

  • Feb 23, 2024

    Date

    Sold

    CRMLS: SR23173525

    $580,000

    Price

  • Sep 18, 2023

    Date

    Active

    CRMLS: SR23173525

    $650,000

    Price

Tax History for 708 W 53Rd St

Assessed Value (2020): $44,262
Year Land Value Improved Value Assessed Value
2020 $31,656 $12,606 $44,262

Home Value Compared to the Market

This property vs the competition

708 W 53Rd St sold on February 23, 2024 for 54.2% lower 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 $314.3 per/sqft which puts the price per square foot 58.37% lower than the current median sale per square foot for the city of Los Angeles.

About 708 W 53Rd St

Detailed summary of property

708 W 53Rd St is a duplex that recently sold in Los Angeles, CA 90037. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,734 living square feet, and sits on an approximately 5,440 square foot lot. 708 W 53Rd St was first listed on ArdentRealEstateGroup.com on September 18, 2023. The homeowner sold the property for $580,000. 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 54.2% lower than the current median priced home. Local homes that are currently for sale include 1532 W 58th St, 1507 W 51St St and 1507 W 51St St. While the average home in Los Angeles, CA is selling in 94 days, 708 W 53Rd St has a days on market of 115 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 708 W 53Rd 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 708 W 53Rd St

Public county record property details
Beds
2
Baths
2
Year built
1917
Sq. Ft.
1,734
Lot Size
5,439
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41
APN
5001-026-029

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
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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