Sold for $700,000

Listed by: EXCELLENCE RE REAL ESTATE • JULIAN RENDEROS • Contact: 323-229-0217

Bought with: Ambiance Realty

$700,000

1261 W 55th St, Los Angeles, CA 90037

4beds

3baths

1,809sqft

Duplex

Built in 1916

-- sqft lot

$800,700 Zestimate^®

$387/sqft

$3,055 Estimated rent

Home value

$800,700

$729,000 - $881,000

$3,055/mo

Zestimate^® history

Owner options

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$3,055/mo

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$3,055/mo

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$4,445/mo

Est. payment

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$4,445/mo

Est. payment

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What's special

This property is perfect for investors or families looking for a spacious and affordable home. The duplex features two units, each with its own private entrance. The front unit is a 3-bedroom, 2-bathroom home, while the back unit is a 1-bedroom, 1-bathroom apartment. Both units have been kept in their original condition. Must see.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup

Features

Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 1,809
Total interior livable area: 1,809 sqft

Property

Parking

Parking features: None

Features

Entry location: 1
Pool features: None

Lot

Size: 5,461 Square Feet
Features: 2-5 Units/Acre

Details

Parcel number: 5002008016
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1916

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $387/sqft
Tax assessed value: $714,000
Annual tax amount: $8,818
Date on market: 6/15/2023
Cumulative days on market: 32 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA,VA Loan
Tenant pays: All Utilities

Price history

Date	Event	Price
8/31/2023	Sold	$700,000+1.4%$387/sqft
Source: CRMLS #MB23105080 Report a problem
7/25/2023	Contingent	$690,000$381/sqft
Source: CRMLS #MB23105080 Report a problem
6/16/2023	Listed for sale	$690,000$381/sqft
Source: CRMLS #MB23105080 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,818 +1.5%	$714,000 +2%
2024	$8,691 +214.2%	$700,000 +240%
2023	$2,766 +4.5%	$205,881 +2%
2022	$2,648 +1.7%	$201,845 +2%
2021	$2,605 -0.9%	$197,888 +1%
2020	$2,627	$195,860 +2%
2019	$2,627 +5.8%	$192,020 +2%
2018	$2,484	$188,256 +2%
2017	$2,484 +2%	$184,566 +2%
2016	$2,435 +3.1%	$180,948 +1.5%
2015	$2,362 +0.4%	$178,231 +2%
2014	$2,353	$174,741 +2.5%
2012	--	$170,542 +2%
2011	--	$167,199 +0.8%
2010	--	$165,950 -0.2%
2009	--	$166,345 +2%
2008	--	$163,084 +2%
2007	--	$159,888 +2%
2006	--	$156,754
2005	--	$156,754 +4%
2004	--	$150,668 +1.9%
2003	--	$147,908 +2%
2002	--	$145,009 +4%
2000	--	$139,379