1225 West 54th Street

Los Angeles, CA 90037

$500,000
Last Sold Price
3
Beds
3
Baths
2,122 Sq. Ft.
$236 / Sq. Ft.
2,122
Sq. Ft.
$236
per Sq. Ft.

Description

COURT CONFIRMATION HEARING: JULY 21, 2020 9:30AM DEPT 79 Stanley Mosk Superior Court 111 N. Hill St. La ca . MINIMUM OVERBID IS $525,500 - May be shown to qualified overbidders 7/16/2020 by appointment only with property proof of funds &compliance with Coronavirus Best Practices and executed PEAD for buyer and agent; 10% deposit reqd. Contact (text and email) LISTING AGENT FOR INFO RE COURT HEARING RULES ONCE AVAILABLE. Triplex comprised of a 2 bedroom 1 bath front house; a 1+1 apartment and a studio...COURT CONFIRMATION HEARING: JULY 21, 2020 9:30AM DEPT 79 Stanley Mosk Superior Court 111 N. Hill St. La ca . MINIMUM OVERBID IS $525,500 - May be shown to qualified overbidders 7/16/2020 by appointment only with property proof of funds &compliance with Coronavirus Best Practices and executed PEAD for buyer and agent; 10% deposit reqd. Contact (text and email) LISTING AGENT FOR INFO RE COURT HEARING RULES ONCE AVAILABLE. Triplex comprised of a 2 bedroom 1 bath front house; a 1+1 apartment and a studio apartment (tenant occupied); great investor opportunity to own three units near the Vermont Corridor development and in a solid residential community; 1 + 1 will be delivered vacant; cash offers preferred as property is in need of repair; probate with court confirmation; administrator will consider all reasonable offers; drive by only; offers subject to inspection; front house is occupied currently do not disturb occupant or trespass on property; one handicapped blue curb in front;
  1. Listed by Teresa Mack • DRE #01766118 • Pacific Playa Realty

Property Details for 1225 West 54th Street

Zoning
LAR2
Parcel Number
5002006009
Total Units
3.0
Living Area
2122
Source Living Area
Assessor
Area
Los Angeles Southwest (C34)
Vacancy Rate
30%
Lot Size Area
5188

Location

Listing Courtesy of Pacific Playa Realty, Teresa Mack, DRE #01766118

Sold By C-21 Powerhouse, Carlos Argueta, DRE #01802982

Add your commute
LISTING UPDATED: 01/21/2021 04:27 PM

Property Details for 1225 West 54th Street

StatusSold
MLS #19-520548
Days on Market90
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.12 AC / 5,188 SF
CountyLos Angeles County

Location

Listing Courtesy of Pacific Playa Realty, Teresa Mack, DRE #01766118

Sold By C-21 Powerhouse, Carlos Argueta, DRE #01802982

Add your commute

Building Information for 1225 West 54th Street

Stories1Residences-Year Built1931Building Size-Lot Size0.12 AC / 5,188 SF

Payment Calculator

$3,279 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1225 West 54th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: triplex
  • Property Condition: Fixer
Contract Info
Contract Info
  • Probate: Yes
  • Financing: Cash To New Loan
  • Disclosures: As Is, Court Approval Required, Probate
  • Listing Type: Probate (P)
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $8,400
  • Net Operating Income: $6,000.00
  • Gross Income: $8,400
  • Gross Rent Multiplier: $11.00
  • Total Annual Expense: 2400
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 5188
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 4
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
  • Heating: Other
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • Private Pool: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-16-2019
  • Listing Terms: Cash To New Loan, Probate
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $200.00
  • Unit Actual Rent: $2,400.00
  • Unit Projected Rent: $30,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $15,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $475.00
  • Unit Actual Rent: $5,700.00
  • Unit Projected Rent: $12,000.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $21,097.00
  • Assessed Land Value: $21,097.00

Property History for 1225 West 54th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1225 West 54th Street

Taxable ValueLand$364,140Additions$156,060Total$520,200
Tax Record2023$6,598 ($550 / month)
Home Facts
Total Finished SqFt2,122 SqFtAbove Grade Finished SqFt2,122 SqFtLot Size5,188 SqFtStyleTriplexYear Built1931ZoningLAR2CountyLOS ANGELESAPN5002-006-009

Schools near 1225 West 54th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Fifty-Second Street Elementary School
PublicK to 5

John Muir Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific Playa Realty, Teresa Mack, DRE #01766118

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.