Seller's Agent in 2023
Melissa Urena
Real Broker
(562) 287-4944
2 in this area
128 Total Sales
203 E 55th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $689,000 - $1,035,000
7
Beds
3
Baths
3,226
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- Lawn
- Living Room
- Tile Flooring
- Bathtub with Shower
- Storage
- 5-minute walk to South Los Angeles Wetlands Park
About This Home
As of September 2023Great income opportunity in Los Angeles! This triplex offers so much potential. Featuring 3 units: one with 3-bedrooms/1-bathroom, the second with 3-bedrooms/1-bathroom, and the third with 1-bedroom/1-bathroom. The property is gated with parking available in the front, and parking available in the back that is accessed from an alley. Trees, some planters, and grassy areas can be found throughout the yard with paved paths leading to each unit. Located in Downtown Los Angeles near South Los Angeles Wetlands Park, restaurants, and markets.
Co-Listed By
Michele Baca
JohnHart Corp. License #01340917
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 4,872 Sq Ft Lot
- Lawn
Home Design
- Triplex
Interior Spaces
- 3,226 Sq Ft Home
- Ceiling Fan
- Living Room
- Dining Area
- Storage
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
- Bathtub with Shower
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Driveway
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 3 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5101-013-023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2023
Closed on
Sep 23, 2023
Sold by
Saboon Paz Shahin
Bought by
Loeza Jose Garcia
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
Joe Pineda
RBS Realty
List Price
$675,000
Sold Price
$655,000
Premium/Discount to List
-$20,000
-2.96%
Views
85
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
$145,039
Avg. Annual Appreciation
8.44%
Original Mortgage
$491,250
Outstanding Balance
$480,831
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$319,208
Purchase Details
Closed on
Apr 27, 2004
Sold by
Orozco Jose Luis and Arevalo Elia
Bought by
Ortega Noemi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 9, 2002
Sold by
Alamitos Properties Inc
Bought by
Orozco Jose Luis and Arevalo Elia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Interest Rate
4.62%
Purchase Details
Closed on
Apr 16, 1997
Sold by
Fegan Leonard
Bought by
Fegan Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loeza Jose Garcia | -- | California Best Title | |
| Loeza Jose Garcia | $655,000 | California Best Title | |
| Ortega Noemi | $375,000 | Fidelity National Title | |
| Orozco Jose Luis | $259,000 | Southland Title | |
| Fegan Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loeza Jose Garcia | $491,250 | |
| Previous Owner | Ortega Noemi | $292,000 | |
| Previous Owner | Orozco Jose Luis | $246,050 | |
| Closed | Ortega Noemi | $73,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2024 11/01/24 | Off Market | $2,600 | -- | -- |
| 10/21/2024 10/21/24 | Price Changed | $2,600 | -3.7% | $2 / Sq Ft |
| 10/21/2024 10/21/24 | Price Changed | $2,700 | -3.6% | $2 / Sq Ft |
| 10/19/2024 10/19/24 | Price Changed | $2,800 | -3.4% | $2 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $2,900 | -- | -- |
| 10/06/2024 10/06/24 | For Rent | $2,900 | 0.0% | -- |
| 10/06/2024 10/06/24 | Price Changed | $2,900 | -6.5% | $2 / Sq Ft |
| 10/01/2024 10/01/24 | For Rent | $3,100 | +5.1% | -- |
| 09/30/2024 09/30/24 | Price Changed | $2,950 | 0.0% | $2 / Sq Ft |
| 09/26/2023 09/26/23 | Sold | $655,000 | -3.0% | $203 / Sq Ft |
| 08/30/2023 08/30/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | For Sale | $675,000 | 0.0% | $209 / Sq Ft |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- |
| 02/28/2023 02/28/23 | For Sale | $675,000 | 0.0% | $209 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 02/08/2023 02/08/23 | For Sale | $675,000 | -- | $209 / Sq Ft |
Source: The MLS
Tax History
| 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 | $8,289 | $668,100 | $408,000 | $260,100 |
| 2024 | $8,289 | $655,000 | $400,000 | $255,000 |
| 2023 | $6,457 | $502,401 | $133,967 | $368,434 |
| 2022 | $6,164 | $492,551 | $131,341 | $361,210 |
| 2021 | $6,074 | $482,894 | $128,766 | $354,128 |
| 2020 | $6,130 | $478,163 | $127,446 | $350,717 |
| 2019 | $5,896 | $468,793 | $124,948 | $343,845 |
| 2018 | $5,846 | $459,607 | $122,499 | $337,108 |
| 2016 | $5,538 | $441,551 | $117,744 | $323,807 |
| 2015 | $5,460 | $434,920 | $115,976 | $318,944 |
| 2014 | $5,473 | $426,402 | $113,705 | $312,697 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Urena
-
M
Seller Co-Listing Agent in 2023
Michele Baca
JohnHart Corp.
-
Joe Pineda
J
Buyer's Agent in 2023
Joe Pineda
RBS Realty
(818) 698-4325
1 in this area
2 Total Sales
Map
Source: The MLS
MLS Number: 23-239777
APN: 5101-013-023
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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