727 E 56Th St, Los Angeles, CA 90011
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727 E 56Th St Los Angeles, CA 90011

$515,000 Sold Price as of 02/10/2023
  • 2 Beds
  • 2 Baths
  • 1,458 Sq.Ft.
Sold
$515,000 Sold Price as of 02/10/2023 Refinance Your Mortgage

Map preview of 727 E 56Th St, Los Angeles, CA 90011

Property Overview: 727 E 56Th St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,458 living square feet and 5,653 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Developer opportunity. Zoned LAR2. Come take a look at these two units with potential to turn to 2bed 1 bath each and a new ADU 2 units behind it. Currently a 1bed 1bath each need some TLC inside architect also offering rendering to turn it into a 4 unit. Located near downtown, LA Live and close to freeway centrally located in the heart of LA.

Listed by Adrian Cafuentes | BRE #01801444 | Keller Williams Pacific Estates Cerritos
Last checked: 4 minutes ago | Last updated: February 11th, 2023 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
5,653
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
RS22242289
City
Los Angeles
County
Los Angeles
Time on Site
677 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 727 E 56Th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5103011020
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of the 110 Fwy
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 727 E 56Th St

Last sold for $515,000 on February 10th, 2023
  • February, 2023

  • Feb 10, 2023

    Date

    Sold

    CRMLS: RS22242289

    $515,000

    Price

  • Dec 6, 2022

    Date

    Active

    CRMLS: RS22242289

    $550,000

    Price

  • September, 2003

  • Sep 30, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1996

  • Mar 29, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 727 E 56Th St

Assessed Value (2020): $317,206
Year Land Value Improved Value Assessed Value
2020 $143,026 $174,180 $317,206

Home Value Compared to the Market

This property vs the competition

727 E 56Th St sold on February 10, 2023 for 50.89% 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 $377.23 per/sqft which puts the price per square foot 47.9% lower than the current median sale per square foot for the city of Los Angeles.

About 727 E 56Th St

Detailed summary of property

727 E 56Th St is a single family home that recently sold in Los Angeles, CA 90011. This house offered 2 bedrooms, 2 bathrooms, roughly 1,458 living square feet, and sits on an approximately 5,653 square foot lot. 727 E 56Th St was first listed on ArdentRealEstateGroup.com on November 15, 2022. The homeowner sold the property for $515,000. 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 50.89% lower than the current median priced home. Local homes that are currently for sale include 5846 Denver Ave, 5842 Denver Ave and 1630 E 43rd St. While the average home in Los Angeles, CA is selling in 105 days, 727 E 56Th St has a days on market of 9 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 727 E 56Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 727 E 56Th St

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,458
Lot Size
5,653
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
5103-011-020

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), 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.