M
Seller's Agent in 2023
Megan Edner
Edner & Associates Real Estate Services
(562) 622-1888
1 in this area
3 Total Sales
1451 E 53rd St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $719,864 - $868,000
8
Beds
4
Baths
3,108
Sq Ft
$251/Sq Ft
Est. Value
Highlights
- Laundry Room
- Front Yard
- 1-minute walk to Slauson Senior Multipurpose Recreation Center
About This Home
As of August 20231451 E. 53rd Ave, Los Angeles is a 1963 constructed 4-unit building of all 2-bed/ 1-bath units. The property is a fixer-upper but has significant upside potential and value-add opportunity for an investor. Great unit mix with all 2-bed/1-bath units. Each unit has it's own laundry connections. The current market rent for a 2-bed/1-bath apartment in this area is approx $2,200/month and the maximum Section 8 Voucher for a 2-bedroom in Los Angeles is $2,666. The property has a long driveway with four uncovered parking spaces in the rear. The property also has the potential to build a detached ADU by right (buyer to verify). This property offers a great opportunity to realize substantial growth and increased cash flow over time.
Last Agent to Sell the Property
Edner & Associates Real Estate Services License #01437099 Listed on: 03/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,602
Year Built
- Built in 1964
Lot Details
- 5,403 Sq Ft Lot
- No Common Walls
- Front Yard
- Density is up to 1 Unit/Acre
Home Design
- 3,108 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 50
- Tax Tract Number 228
- Assessor Parcel Number 5104008025
- $4,602 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $654
- Insurance Expense $3,500
- Water Sewer Expense $2,352
- Operating Expense $9,000
- Gross Income $42,504
- Net Operating Income $33,504
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2023
Closed on
Aug 23, 2023
Sold by
Bought by
Seller's Agent
Megan Edner
Edner & Associates Real Estate Services
Buyer's Agent
miriam carter
Coldwell Banker Envision
List Price
$728,000
Sold Price
$685,000
Premium/Discount to List
-$43,000
-5.91%
Views
184
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,966
Avg. Annual Appreciation
4.77%
Purchase Details
Listed on
Mar 28, 2023
Closed on
Aug 22, 2023
Sold by
Bought by
Seller's Agent
Megan Edner
Edner & Associates Real Estate Services
Buyer's Agent
miriam carter
Coldwell Banker Envision
List Price
$728,000
Sold Price
$685,000
Premium/Discount to List
-$43,000
-5.91%
Views
184
Purchase Details
Closed on
Aug 31, 2009
Sold by
Bought by
Purchase Details
Closed on
Mar 5, 2009
Sold by
Bought by
Purchase Details
Closed on
Oct 4, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,500
Interest Rate
8.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 31, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.89%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 18, 2004
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $685,000 | Wfg National Title | ||
| -- | Wfg National Title | ||
| $289,000 | Fatcola | ||
| $335,000 | Accommodation | ||
| $670,000 | Fidelity National Title | ||
| $500,000 | Gateway Title | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $569,500 | ||
| Previous Owner | $375,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $685,000 | 0.0% | $220 / Sq Ft |
| 08/22/2023 08/22/23 | Pending | -- | -- | -- |
| 07/03/2023 07/03/23 | Pending | -- | -- | -- |
| 07/03/2023 07/03/23 | Off Market | $685,000 | -- | -- |
| 06/08/2023 06/08/23 | Price Changed | $728,000 | 0.0% | $234 / Sq Ft |
| 06/08/2023 06/08/23 | For Sale | $728,000 | +4.6% | $234 / Sq Ft |
| 04/10/2023 04/10/23 | Pending | -- | -- | -- |
| 03/28/2023 03/28/23 | For Sale | $695,900 | -- | $224 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,848 | $698,700 | $612,000 | $86,700 |
| 2024 | $8,731 | $685,000 | $600,000 | $85,000 |
| 2023 | $4,813 | $358,550 | $99,251 | $259,299 |
| 2022 | $4,602 | $351,520 | $97,305 | $254,215 |
| 2021 | $4,532 | $344,629 | $95,398 | $249,231 |
| 2019 | $4,404 | $334,409 | $92,569 | $241,840 |
| 2018 | $4,298 | $327,853 | $90,754 | $237,099 |
| 2016 | $4,082 | $315,124 | $87,231 | $227,893 |
| 2015 | $4,027 | $310,391 | $85,921 | $224,470 |
| 2014 | $4,065 | $304,311 | $84,238 | $220,073 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Edner
-
miriam carter
Buyer's Agent in 2023
miriam carter
Coldwell Banker Envision
(213) 393-9923
1 in this area
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23050630
APN: 5104-008-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1423 E 52nd St
- 5426 Compton Ave
- 5110 Compton Ave
- 1414 E 50th St
- 1454 E 50th St
- 1458 E 50th St Unit 4
- 1407 E 50th St
- 1462 E 57th St
- 1266 E 50th St
- 1320 E 48th St
- 1150 E 51st St
- 1259 E 49th St
- 1141 E 50th St
- 1192 E 48th St
- 1712 E 57th St
- 4610 Compton Ave
- 4801 S Central Ave
- 904 E 52nd Place
- 1362 E Vernon Ave
- 1348 E Vernon Ave
- 1422 E 53rd St
- 1436 E 53rd St
- 1438 E 53rd St
- 5310 Ascot Ave
- 5316 Ascot Ave
- 1420 E 53rd St
- 1442 E 53rd St
- 5324 Ascot Ave
- 1425 E 54th St
- 1429 E 54th St
- 1435 E 54th St
- 1446 E 53rd St
- 5330 Ascot Ave
- 1443 E 54th St
- 1427 E 53rd St
- 1433 1/2 E 53rd St
- 1423 E 53rd St
- 1454 E 53rd St
- 5338 Ascot Ave
- 1419 E 53rd St
Your Personal Tour Guide
Ask me questions while you tour the home.