Seller's Agent in 2023
Ryan Smagacz
Real Broker
(888) 988-6044
1 in this area
12 Total Sales
216 E 54th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $886,000 - $1,184,000
9
Beds
4
Baths
2,680
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- Property is near park
- Granite Countertops
- Neighborhood Views
- Bonus Room
- No HOA
- Ductless Heating Or Cooling System
About This Home
As of November 2023Over a 7% cap rate!! This is a DREAM property for an investor or occupant owner. The property has been managed & maintained by professional property management for the last 5 years. There are 3 units on the property within 2 buildings. Unit 1 is a 5/2. Unit 2 is a 2/1. Unit 3 is a 2/1. According to tax records, Unit 1 states 4 bedrooms however it does have a 5th bonus room. Each unit is individually metered for electricity & gas. There is a parking area in the back of the property with access from the alley which could potentially be used to build an ADU (buyer to verify). 2 units are close to market rent while there is a tremendous upside on Unit 3. All tenant ledgers are available upon request. Estoppels can be signed by each resident as well. Unit 2 was completely renovated down to the studs in 2019. The lot size is a little over 5,300 sq ft. Only a few minute drive to Exposition Park, USC, Downtown Los Angeles, and more. If interested after the sale, discounted professional property management services are available for 6 months with current manager.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914 | Remodeled
Lot Details
- 5,332 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Wood Fence
- Rectangular Lot
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Entry on the 1st floor
- 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
- Parking Available
- Off-Street Parking
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Heating Available
- Natural Gas Connected
Additional Features
- Rain Gutters
- Property is near park
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 7 / J
- Assessor Parcel Number 5101013007
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $18,000
- Trash Expense $1,200
- Water Sewer Expense $2,800
- Operating Expense $22,200
- Gross Income $75,847
- Net Operating Income $53,647
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
Closed on
Oct 30, 2025
Sold by
Bought by
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
$693,750
Outstanding Balance
$693,750
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$302,611
Purchase Details
Closed on
Feb 8, 2024
Sold by
Bought by
Purchase Details
Listed on
Sep 7, 2023
Closed on
Nov 21, 2023
Sold by
Bought by
Seller's Agent
Ryan Smagacz
Real Broker
Buyer's Agent
Tom Chavez
TLC REALTY AND INVESTMENTS INC
List Price
$930,000
Sold Price
$870,000
Premium/Discount to List
-$60,000
-6.45%
Views
84
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$696,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 2019
Sold by
Bought by
Purchase Details
Listed on
Oct 24, 2018
Closed on
Dec 6, 2018
Sold by
Bought by
Seller's Agent
Alan Cedillo
Century 21 Allstars
Buyer's Agent
Alan Cedillo
Century 21 Allstars
List Price
$584,900
Sold Price
$615,000
Premium/Discount to List
$30,100
5.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$553,500
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 24, 2018
Closed on
Nov 2, 2018
Sold by
Bought by
Seller's Agent
Alan Cedillo
Century 21 Allstars
Buyer's Agent
Alan Cedillo
Century 21 Allstars
List Price
$584,900
Sold Price
$615,000
Premium/Discount to List
$30,100
5.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,500
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 12, 2016
Closed on
Jan 19, 2016
Sold by
Bought by
Seller's Agent
Franklin Love
TDC/Pacific Properties Inc.
Buyer's Agent
Miguel Gonzalez
Century 21 Allstars
List Price
$475,000
Sold Price
$475,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$466,396
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 4, 2014
Sold by
Bought by
Purchase Details
Closed on
Mar 17, 2011
Sold by
Bought by
Purchase Details
Closed on
Feb 20, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 7, 2006
Sold by
Bought by
Purchase Details
Closed on
Jan 13, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 2004
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
$238,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 3, 2003
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
$226,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 2002
Sold by
Bought by
Purchase Details
Closed on
Aug 28, 2000
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
$233,078
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
May 2, 1998
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
$112,500
Interest Rate
7.07%
Create a Home Valuation Report for This Property
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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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Accommodation/Courtesy Recordi | ||
| $870,000 | Wfg National Title | ||
| -- | None Available | ||
| -- | None Available | ||
| $615,000 | Old Republic Title Company | ||
| $475,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | Accommodation | ||
| -- | Provident Title Company | ||
| -- | Lawyers Title Company | ||
| -- | Lawyers Title Company | ||
| -- | -- | ||
| $340,000 | Advantage Title Inc | ||
| $247,000 | Nations Title Co | ||
| $273,719 | First American Title Co | ||
| -- | -- | ||
| $235,000 | Landsafe Title Company | ||
| $75,000 | -- |
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 |
|---|---|---|---|
| Open | $693,750 | ||
| Previous Owner | $696,000 | ||
| Previous Owner | $553,500 | ||
| Previous Owner | $466,396 | ||
| Previous Owner | $238,000 | ||
| Previous Owner | $226,000 | ||
| Previous Owner | $233,078 | ||
| Previous Owner | $112,500 | ||
| Closed | $85,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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)
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 | $11,031 | $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
Agents Affiliated with this Home
-
Ryan Smagacz
-
Emmanuel Gamboa
E
Seller Co-Listing Agent in 2023
Emmanuel Gamboa
Exclusive Realty Associates
(310) 800-2733
1 in this area
12 Total Sales
-
Tom Chavez
T
Buyer's Agent in 2023
Tom Chavez
TLC REALTY AND INVESTMENTS INC
(562) 458-0672
1 in this area
56 Total Sales
-
A
Seller's Agent in 2018
Alan Cedillo
Century 21 Allstars
-
F
Seller's Agent in 2016
Franklin Love
TDC/Pacific Properties Inc.
-
Miguel Gonzalez
Buyer's Agent in 2016
Miguel Gonzalez
Century 21 Allstars
(562) 686-3299
82 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23167112
APN: 5101-013-007
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
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