Seller's Agent in 2022
Kevin Via
Compass
(714) 478-6078
1 in this area
86 Total Sales
204 E 53rd St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $1,396,000 - $1,512,000
10
Beds
6
Baths
3,715
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- New Construction
- Laundry Room
- Front Yard
- No HOA
- 3 Car Garage
About This Home
As of May 2022This very desirable new construction income producing duplex is non-rent controlled. This contemporary duplex consists of 2 5-bedroom 3- bathroom units with one single car garage in the front unit and 2-car garage in the back unit. Each unit has an open floor plan with a large living area that includes granite countertops, dual pane vinyl windows, tile flooring, carpet, solid wood cabinets, solar and forced air heating. The property includes an artificial lawn for low-cost landscaping maintenance. Conveniently located to access the newly renovated Downtown Los Angeles area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,991
Year Built
- Built in 2022 | New Construction
Lot Details
- 4,964 Sq Ft Lot
- 1 Common Wall
- Front Yard
Parking
- 3 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Combination Of Materials Used In The Driveway
Home Design
- Duplex
Interior Spaces
- 3,715 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
Listing and Financial Details
- Legal Lot and Block 10 / I
- Tax Tract Number 229
- Assessor Parcel Number 5101011011
- $280 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $1,500
- New Taxes Expense $14,575
- Operating Expense $16,675
- Gross Income $88,800
- Net Operating Income $70,349
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 28, 2021
Sold by
Edwards Angela
Bought by
Ocean Development Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$254,607
Interest Rate
2.9%
Mortgage Type
Unknown
Estimated Equity
$1,192,305
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ocean Development Inc | $390,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ocean Development Inc | $280,000 | |
| Open | Ocean Development Inc | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $1,325,000 | 0.0% | $357 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 04/22/2022 04/22/22 | For Sale | $1,325,000 | -- | $357 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,991 | $1,406,100 | $742,845 | $663,255 |
| 2024 | $16,991 | $1,378,530 | $728,280 | $650,250 |
| 2023 | $16,663 | $1,351,500 | $714,000 | $637,500 |
| 2022 | $7,682 | $621,000 | $473,000 | $148,000 |
| 2021 | $574 | $31,643 | $13,102 | $18,541 |
| 2020 | $573 | $31,619 | $12,968 | $18,651 |
| 2019 | $559 | $31,006 | $12,714 | $18,292 |
| 2018 | $492 | $30,405 | $12,465 | $17,940 |
| 2016 | $451 | $28,938 | $11,982 | $16,956 |
| 2015 | $446 | $28,505 | $11,803 | $16,702 |
| 2014 | $460 | $27,947 | $11,572 | $16,375 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22080665
APN: 5101-011-011
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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
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