NOT LISTED FOR SALE

260 S Avenue 55 Unit 13 Los Angeles, CA 90042

4 Beds
3 Baths
11,348 Sq Ft
0.26 Acres

Last Sold November 09, 2012

Last sale price $1,572,500 $139 Per Sq Ft

105 Days on Market

About This Home

As of November 2012

The subject property is a 13-unit apartment building located in Highland Park on Avenue 55, one block west of the Pasadena Freeway.Built in 1990, the property is not subject to rent control. The building is two-stories over ground level covered parking and consists of 11 one bedroom/one bath and 2 three bedroom/two bath units, 10 single parking, 2 compact spaces, and 4 tandem parking spaces, and a laundry room.The location is a solid apartment rental corridor, minutes north of Downtown Los Angeles and just south of Pasadena and east of Eagle Rock.Highland Park continues to be among the most stable apartment markets in Los Angeles County because of its central location, pleasant neighborhoods, and proximity to commercial and retail facilities.The demand from investors for apartment buildings in Highland Park appears to be increasing due to perceived "gentrification" of the area.The seller is also offering a seven-unit property for sale, built in 1965, on the same street.

Last Agent to Sell the Property

Barry Gordon

Marcus & Millichap License #00925711 Listed on: 06/05/2012

Last Buyer's Agent

Jon Swire

The Agency License #01336277

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot

Home Design

  • 11,348 Sq Ft Home

Parking

  • 20 Parking Spaces
  • Tandem Parking

Community Details

  • 13 Units

Listing and Financial Details

  • Assessor Parcel Number 5468-013-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 11348
  • Year Built: 1990
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 136.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 20

Lot Info

  • Assessed Improvement Value: 336505
  • Assessed Land Value: 149555
  • Assessor Parcel Number: 5468-013-011
  • Lot Size Area: 11124

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.59
  • Number Of Units: 13
  • Total Annual Expense: 53595
  • Type Of Units: 1+1 & 3+2
  • Vacancy Rate: 75

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $1,572,500 +1.5% $139 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $1,550,000 -- $137 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Barry Gordon

    Marcus & Millichap

  • Jon Swire

    Buyer's Agent in 2012

    Jon Swire

    The Agency

    (310) 948-2631

    32 Total Sales

    Jon Swire
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 12-610507

The MLS
California Los Angeles County Los Angeles 90042

260 S Avenue 55 Unit 13, Los Angeles, CA

This home is located at 260 S Avenue 55 Unit 13, Los Angeles, CA 90042 since 05 June 2012. This property was built in 1990. 260 S Avenue 55 Unit 13 is a home located in Los Angeles County with nearby schools including Bushnell Way Elementary School, Benjamin Franklin High School, and Luther Burbank Middle School.

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 MLS © 2025 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes