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

$690,000
  • 7 Beds
  • 4 Baths
  • 1,716 Sq.Ft.
Back Up Offer
$690,000 Get Pre-Qualified

Map preview of 710 W 55Th St, Los Angeles, CA 90037

Property Overview: 710 W 55Th St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 1,716 living square feet and 5,402 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: 2 detached homes on a lot. Perfect to live in one & collect rent from the other unit to help with mortgage. Front house is being used as a 3 br, 2 bath and rear house is a 2 br, 1 bath. Gated driveway and front yard. Detached 2 car garage located between the homes. Plenty of off street parking on lot. All utilities are separately metered & there are 2 water meters present for billing each units use.

Listed by Jeannette Turcios | BRE #01038408 | Ontrak Real Estate
Last checked: 13 minutes ago | Last updated: May 14th, 2024 | Source CRMLS | DOM: 22
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Home details

Lot Sq. Ft
5,402
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Multi Family
Status
Back Up Offer
MLS#
24376659
City
Los Angeles
County
Los Angeles
Time on Site
22 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 710 W 55Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Room Information
  • Flooring: Tile
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • 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: 4
  • Has Parking
  • Parking Features: Paved, Concrete, Gated
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5001022007
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: N. of Slauson & E. of Hoover
View more facts & features

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Sale History for 710 W 55Th St

Last sold for $480,000 on January 31st, 2019
  • May, 2024

  • May 10, 2024

    Date

    Back Up Offer

    CRMLS: 24376659

    $690,000

    Price

  • Apr 28, 2024

    Date

    Active

    CRMLS: 24376659

    $690,000

    Price

  • February, 2019

  • Feb 4, 2019

    Date

    Sold

    CRMLS: 18403404

    $480,000

    Price

  • Jan 12, 2019

    Date

    Pending

    CRMLS: 18403404

    $499,000

    Price

  • Nov 2, 2018

    Date

    Active

    CRMLS: 18403404

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    Great Opportunity to buy 2 Original Styled Wood Framed houses on a lot . Update and Use for Income or Develop New Units Construction. Nice sized front house, with lot's of potential, Cute rear house with 2 bedrooms, dining area, kitchen, closet for Stackable washer and dryer, large stove area. Large antique stove may be sold outside of escrow. Grassy area in rear and long driveway for parking multiple cars. Good property for income or owner with large family. Either way it's a good investment. PLEASE DO NOT WALK THE PROPERTY OR DISTURB THE TENANTS! Property Will BE SOLD AS-IS ONLY. NO FHA/VA financing. CASH or HARD MONEY PREFERRED...Financing with large Down payment.

  • January, 2019

  • Jan 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $480,000

    Price

  • January, 2019

  • Jan 28, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 710 W 55Th St

Assessed Value (2020): $489,600
Year Land Value Improved Value Assessed Value
2020 $306,000 $183,600 $489,600

Home Value Compared to the Market

This property vs the competition

710 W 55Th St is listed 44.8% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $402.1 per/sqft which puts the price per square foot 48.45% lower than the median price per square foot for the city of Los Angeles.

About 710 W 55Th St

Detailed summary of property

710 W 55Th St is a multi family located in Los Angeles, CA 90037 and is currently in escrow to be sold. This multi family property offers 7 bedrooms, 4 bathrooms, roughly 1,716 living square feet, and sits on an approximately 5,402 square foot lot. 710 W 55Th St was first listed on ArdentRealEstateGroup.com on April 29, 2024. The homeowner is currently asking $690,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 44.8% lower than the median priced home. Local competing homes currently for sale include 444 W Gage Ave, 440 W Gage Ave and 6414 S Hoover St. While the average home in Los Angeles, CA is selling in 93 days, 710 W 55Th St has a days on market of 22 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 710 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 710 W 55Th St

Public county record property details
Beds
4
Baths
2
Year built
1929
Sq. Ft.
1,716
Lot Size
5,400
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
36
APN
5001-022-007

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.
$540
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
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%)

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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.