216 E 54th St Los Angeles, CA 90011
South Park NeighborhoodEstimated payment $6,854/month
Total Views
2,725
9
Beds
4
Baths
2,680
Sq Ft
$410
Price per Sq Ft
Highlights
- Property is near a park
- Granite Countertops
- Neighborhood Views
- Bonus Room
- No HOA
- Ductless Heating Or Cooling System
About This Home
Triplex is located in a census tract that qualifies for a $20,000 grant and special financing through City National Bank.
Great opportunity to own a multifamily property!! "Live in one, rent the rest! This triplex is a perfect opportunity for investors or owner-occupiers seeking additional income." Conveniently located near freeway 110. Minutes to downtown Los Angeles and fine dining, the Soccer Stadium, and USC. Separate gas and electricity meters for each unit. The larger unit is a 4-bedroom with 2 bathrooms and an extra bonus room that can be used as a 5th bedroom. The other 2 units are 2 bedrooms and 1 bathroom each. Don’t let this opportunity go by; become the new owner today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,888
Year Built
- Built in 1914
Lot Details
- 5,332 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Flat Roof Shape
Interior Spaces
- 2,680 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Living Room
- Bonus Room
- Laminate Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Oven
- Microwave
- Granite Countertops
- Laminate Countertops
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Parking
- 1 Open Parking Space
- 1 Parking Space
Location
- Property is near a park
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Heating Available
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 5101013007
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,889
- Trash Expense $1
- Water Sewer Expense $6,600
- Operating Expense $20,377
- Gross Income $76,320
- Net Operating Income $55,943
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,888 | $887,400 | $612,000 | $275,400 |
| 2024 | $10,888 | $870,000 | $600,000 | $270,000 |
| 2023 | $8,360 | $659,402 | $418,158 | $241,244 |
| 2022 | $7,978 | $646,473 | $409,959 | $236,514 |
| 2021 | $7,872 | $633,798 | $401,921 | $231,877 |
| 2020 | $7,947 | $627,300 | $397,800 | $229,500 |
| 2019 | $7,641 | $615,000 | $390,000 | $225,000 |
| 2018 | $6,234 | $494,189 | $320,443 | $173,746 |
| 2016 | $4,476 | $352,079 | $186,395 | $165,684 |
| 2015 | $4,413 | $346,792 | $183,596 | $163,196 |
| 2014 | $4,446 | $280,719 | $84,236 | $196,483 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | For Sale | $1,100,000 | +26.4% | $410 / Sq Ft |
| 11/29/2023 11/29/23 | Sold | $870,000 | +2.4% | $325 / Sq Ft |
| 09/29/2023 09/29/23 | Pending | -- | -- | -- |
| 09/25/2023 09/25/23 | Price Changed | $850,000 | -5.5% | $317 / Sq Ft |
| 09/18/2023 09/18/23 | Price Changed | $899,000 | -3.3% | $335 / Sq Ft |
| 09/07/2023 09/07/23 | For Sale | $930,000 | +51.2% | $347 / Sq Ft |
| 12/11/2018 12/11/18 | Sold | $615,000 | +5.1% | $229 / Sq Ft |
| 11/01/2018 11/01/18 | Pending | -- | -- | -- |
| 10/24/2018 10/24/18 | For Sale | $584,900 | +23.1% | $218 / Sq Ft |
| 03/16/2016 03/16/16 | Sold | $475,000 | 0.0% | $177 / Sq Ft |
| 02/12/2016 02/12/16 | Pending | -- | -- | -- |
| 02/12/2016 02/12/16 | For Sale | $475,000 | -- | $177 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | $870,000 | Wfg National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $615,000 | Old Republic Title Company | |
| Grant Deed | $475,000 | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Accommodation | |
| Trustee Deed | -- | Provident Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $340,000 | Advantage Title Inc | |
| Grant Deed | $247,000 | Nations Title Co | |
| Trustee Deed | $273,719 | First American Title Co | |
| Corporate Deed | -- | -- | |
| Grant Deed | $235,000 | Landsafe Title Company | |
| Grant Deed | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $696,000 | New Conventional | |
| Previous Owner | $553,500 | New Conventional | |
| Previous Owner | $466,396 | FHA | |
| Previous Owner | $250,000 | Unknown | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $346,000 | Unknown | |
| Previous Owner | $238,000 | Purchase Money Mortgage | |
| Previous Owner | $226,000 | Purchase Money Mortgage | |
| Previous Owner | $233,078 | FHA | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $112,500 | No Value Available | |
| Closed | $85,000 | No Value Available |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25122245
APN: 5101-013-007
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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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