1212 E 54th Street Los Angeles, CA ^$ 760,000

1212 E 54th Street

^$ 760,000

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Recently Listed

1212 E 54th Street

Los Angeles, CA, 90011

^$ 760,000

Bedrooms6 Baths2.0 Sq 2,496

Monthly Estimate*

^$ 4,552

Listed by Circle Real Estate

1212 E 54th Street, Los Angeles, CA 90011 - Image 1

1212 E 54th Street, Los Angeles, CA 90011 - Image 2

1212 E 54th Street, Los Angeles, CA 90011 - Image 3

Multi-Family Home for sale in Los Angeles, CA

for $760,000 with 6 bedrooms and 2 full baths. This 2,496 square foot home was built in 1923 on a lot size of 0.1179.

Take advantage of this incredible opportunity to own a duplex with two spacious 3-bedroom, 1-bath units with a detached garage. This property is fully occupied with long-term, reliable tenants and offers immediate income potential. Each unit is separately metered for gas and electricity, with tenants covering all utilities except water. The property is gated for privacy and is priced to sell fast! You are located in a prime, highly sought-after area, just minutes from schools, USC, BMO Stadium, museums, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, and major freeways. Whether you're a seasoned investor or a first-time buyer, this property offers strong rental upside in a vibrant metropolitan setting.

Multi-Family Active

Price

^$ 760,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1179

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

RS24179721

Days on Market

Features

General

Sewer SewerTapPaid

Possession CloseOfEscrow

Exterior Features Lighting

Zoning LAR2

HOA 0.0

Garage Spaces 2.0

Pool Features None

Security Features CarbonMonoxideDetectors SmokeDetectors

Year Built 1923

Stories 2

Levels Two

Property SubType Duplex

Gross Income 0.0

Community Features Curbs StreetLights Sidewalks

Accessibility SafeEmergencyEgressfromHome

County Los Angeles

Net Operating Income 37724.0

Operating Expense 7204.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

Home Owner Assoc N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Hooper Ave/ 53rd St

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 2

MLS Area C36 - Metropolitan Southwest

Lot Size Units SquareFeet

Lot Size Square Feet 5137.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Terms Cash Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1204.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 4000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 1

Building Area Units SquareFeet

Standard Status Active

Year Built Source Estimated

Tax Lot 106

Property Sub Type Additional Duplex

Expected Active Date 2024-09-05

Cap Rate 4.9

Interior

Flooring Carpet Tile

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Exterior

Fencing WroughtIron

Parking Features Garage Gated OffStreet OneSpace

Lot Features Item01UnitAcre

Water Source Public

Total Parking 2.0

Lot Size Area 5137.0

Number of Buildings 1

Spa N

Building Area Total 2496.0

Lot Size Acres 0.1179

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1212

* Excluded Features

List By

Circle Real Estate

Broker

(562) 521-9022

Phone

Affordability Calculator

$4,552

Per Month

Monthly Principal & Interest: $4,552
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,055,802

Percent of Sale Price 171%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/5/2024	$760,000		Listed Price

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1212 E 54th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $760,000 with 2,496 sqft and a lot size of 0.1179. 1212 E 54th Street has 6 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1212 E 54th Street

Multi-Family Home for sale in Los Angeles, CA

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