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750 E 53rd St, Los Angeles, CA 90011
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750 E 53rd St Los Angeles, CA 90011

$66,000 Sold Price as of 11/08/2019
  • 6 Beds
  • 4 Baths
  • 2,132 Sq.Ft.
Sold
$66,000 Sold Price as of 11/08/2019 Refinance Your Mortgage
Map preview of 750 E 53rd St, Los Angeles, CA 90011

Property Overview: 750 E 53rd St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,132 living square feet and 6,088 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: **BIG INVESTMENT OPPORTUNITY** 4 UNITS WITH EXCELLENT RENT AMOUNT COLLECTED! This great opportunity won't last! Located to all amenities of life close to parks, schools, shopping centers, restaurants, churches, public transportation, and close to major freeways. Two out of the four units are 2 bedroom and 1 bath each and the other two are 1 bedroom and 1 bath. Three separate buildings with enough space in between and spacious back yard. Three out of the 4 units are in GOOD condition and the other one needs a bit of TLC. Very good tenants don't miss out!

Listed by Diana Hernandez | BRE #01814655 | Century 21 Allstars
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
6,088
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW19234027
City
Los Angeles
County
Los Angeles
Time on Site
1236 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,156
  • Total Rent: $1,156
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,311
  • Total Rent: $1,311
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,498
  • Total Rent: $1,498
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,470
  • Total Rent: $1,470
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $65,160
  • Net Operating Income: $56,189
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,971
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,060
  • Trash: $0
  • Gardener: $600
  • Insurance: $911
  • Water/Sewer: $2,400

Property Details for 750 E 53rd St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5103007013
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S CENTRAL AVE
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 750 E 53rd St

Last sold for $660,000 on November 8th, 2019

  • November, 2019

  • Nov 11, 2019

    Date

    Sold

    CRMLS: DW19234027

    $66,000

    Price

  • Oct 22, 2019

    Date

    Pending

    CRMLS: DW19234027

    $649,900

    Price

  • Oct 2, 2019

    Date

    Active

    CRMLS: DW19234027

    $649,900

    Price

  • November, 2019

  • Nov 8, 2019

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

  • September, 2014

  • Sep 17, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 750 E 53rd St

Assessed Value (2020): $660,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $260,000 $660,000

Home Value Compared to the Market

This property vs the competition

750 E 53rd St sold on November 8, 2019 for 45.39% 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 $304.83 per/sqft which puts the price per square foot 59.63% lower than the current median sale per square foot for the city of Los Angeles.

About 750 E 53rd St

Detailed summary of property

750 E 53rd St is a fourplex that recently sold in Los Angeles, CA 90011. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,132 living square feet, and sits on an approximately 6,088 square foot lot. 750 E 53rd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $66,000. 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 45.39% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 95 days, 750 E 53rd St has a days on market of 8 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 750 E 53rd 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 750 E 53rd St

Public county record property details
Beds
6
Baths
4
Year built
1915
Sq. Ft.
2,132
Lot Size
6,021
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5103-007-013

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
$649,000
Median List Price/Sq.Ft.
$467
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
46
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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