NOT LISTED FOR SALE

301 E 53rd St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $680,000 - $963,000

6 Beds
4 Baths
2,280 Sq Ft
$369/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2023

Last sale price $695,000 $305 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,288 / mo

24 Days on Market

About This Home

As of January 2023

Located near the 110 freeway this property offer great public transportation for tenants making it a desired location. Also walking distance to schools, shop, fast foods and restaurant. Property has been well maintained by the owner for the years owned. Property is newer built so please contact council on rent control plus and minus for owning this property. Rents are due for increase so base your income on proforma. Great
bedroom count for best generating income.

Last Agent to Sell the Property

Johnny Martinez

Century Commercial RE Services License #01348305 Listed on: 10/17/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2001

Lot Details

  • 4,118 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,280 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 16 / D
  • Tax Tract Number 229
  • Assessor Parcel Number 5109025018
  • $334 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $300
  • Water Sewer Expense $300
  • Operating Expense $13,409
  • Gross Income $57,588
  • Net Operating Income $44,179

Property Details

Home Type

Multi-Family

Year Built

Built in 2001

Lot Details

4,118 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Zoning: LACR
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5109025018
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 304.82

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4118.00
  • Lot Size Acres: 0.0945

Multi Family

  • Gross Income: 57588.00
  • Gross Scheduled Income: 57588.00
  • Insurance Expense: 100.00
  • Lot Size Area: 4118.0000 Square Feet
  • Net Operating Income: 44179.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13409.00
  • Rent Control: Yes
  • Total Expenses: 13409.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 2294.10
  • Tax Lot: 16
  • Tax Tract Number: 229...
  • TaxOtherAnnualAssessmentAmount: 334.00

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

Listed on
Oct 17, 2022
Closed on
Dec 1, 2022
Sold by
Bought by
Seller's Agent
Johnny Martinez
Century Commercial RE Services
List Price
$695,000
Sold Price
$695,000
Views
7
Current Estimated Value
$841,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,718
Avg. Annual Appreciation
5.81%
Original Mortgage
$625,762
Interest Rate
6.38%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 14, 2022
Sold by
Bought by
Seller's Agent
Johnny Martinez
Century Commercial RE Services
List Price
$695,000
Sold Price
$695,000
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,762
Interest Rate
6.38%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2011
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
$154,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
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
$474,400
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 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
$344,350
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 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
$344,350
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 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
$20,400
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Priority Title
$695,000 Priority Title
-- None Available
$220,000 Fidelity National Title Comp
-- Fidelity National Title
-- Stewart Title Of Ca Inc
$355,000 Stewart Title Of Ca Inc
$43,000 Lawyers Title Company
$34,000 American Title
$29,222 American Title Co
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
Previous Owner $625,762
Previous Owner $154,000
Previous Owner $474,400
Previous Owner $344,350
Previous Owner $20,400
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
01/11/2023 01/11/23 Sold $695,000 0.0% $305 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $695,000 -- $305 / 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 $8,995 $723,078 $312,120 $410,958
2024 $8,862 $708,900 $306,000 $402,900
2023 $3,607 $270,903 $123,137 $147,766
2022 $3,446 $265,592 $120,723 $144,869
2021 $3,394 $260,385 $118,356 $142,029
2019 $3,297 $252,664 $114,847 $137,817
2018 $3,238 $247,711 $112,596 $135,115
2016 $3,075 $238,094 $108,225 $129,869
2015 $3,033 $234,519 $106,600 $127,919
2014 $3,054 $229,926 $104,512 $125,414
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Johnny Martinez

    Century Commercial RE Services

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22224084

California Regional Multiple Listing Service (CRMLS)

APN: 5109-025-018

California Los Angeles County Los Angeles 90011 South Park

301 E 53rd St, Los Angeles, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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