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Sold for $760,000
  • Listed by: Jules Laross Kanhan • Jules Kanhan • Contact: 310-227-9121
    Bought with: Palma Investments
    $760,000

    1305 W 56th St, Los Angeles, CA 90037

    4beds
    2baths
    1,500sqft
    Duplex
    Built in 1924
    -- sqft lot
    $748,800 Zestimate®
    $507/sqft
    $3,024 Estimated rent

    Home value

    $748,800

    $674,000 - $831,000

    $3,024/mo

    Zestimate® history
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    What's special

    This is your chance to own this freshly painted duplex, inside and outside, in the city of Los Angeles. Both units offer 2 bedrooms & 1 bathroom each, Tile flooring and laminate flooring throughout. Great investment you don’t want to miss. Both units will be delivered vacant at close of escrow, set up your own rents at the current market values. You can live in one unit and rent the second one. Both units have their own laundry room. The property offers a front yard, side yard, backyard and security gates. Separate meters for gas and electric and a submeter for water for each unit. The property was repiped with coper plumbing around 12 years ago. The roof was also replaced about 12 years ago. Great income producing property. Ready for investors looking for cash flow or owners occupied. Centrally located, close to shopping malls, freeways, newly built SOFI Stadium, Downtown Los Angeles, USC, Crypto Arena, Los Angeles Clippers Stadium.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jules Kanhan DRE #01359175 310-227-9121,

    Jules Laross Kanhan

    Bought with:

    Kenneth Palma, DRE #01886266

    Palma Investments

    Source: CRMLS,MLS#: SB24224758MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Rooms
    • Room types: Kitchen, Laundry, Living Room
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Tile Counters
    • Flooring: Laminate, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,500
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway
    • Uncovered spaces: 1
    Features
    • Entry location: front door
    • Pool features: None
    • Fencing: Security
    • Has view: Yes
    • View description: None
    Lot
    • Size: 3,523 Square Feet
    • Features: Front Yard
    Details
    • Parcel number: 5002009013
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Other
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $507/sqft
    • Tax assessed value: $309,781
    • Annual tax amount: $3,981
    • Date on market: 11/1/2024
    • Cumulative days on market: 94 days
    • Listing terms: Cash to New Loan
    • Total actual rent: 0
    • Tenant pays: Electricity, Gas, Water

    Price history

    DateEventPrice
    8/14/2025Listing removed$2,999$2/sqft
    Source: CRMLS #RS25033672 Report a problem
    2/14/2025Listed for rent$2,999+42.8%$2/sqft
    Source: CRMLS #RS25033672 Report a problem
    2/11/2025Sold$760,000$507/sqft
    Source: CRMLS #SB24224758 Report a problem
    12/24/2024Pending sale$760,000$507/sqft
    Source: CRMLS #SB24224758 Report a problem
    12/13/2024Listed for sale$760,000$507/sqft
    Source: CRMLS #SB24224758 Report a problem
    11/23/2024Pending sale$760,000$507/sqft
    Source: CRMLS #SB24224758 Report a problem
    11/23/2024Listed for sale$760,000$507/sqft
    Source: CRMLS #SB24224758 Report a problem
    11/16/2024Contingent$760,000$507/sqft
    Source: CRMLS #SB24224758 Report a problem
    11/1/2024Listed for sale$760,000+384.1%$507/sqft
    Source: CRMLS #SB24224758 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/20/2020Listing removed$2,100$1/sqft
    Source: Owner Report a problem
    1/17/2020Listed for rent$2,100+13.5%$1/sqft
    Source: Owner Report a problem
    10/28/2018Listing removed$1,850-14.9%$1/sqft
    Source: Owner Report a problem
    10/18/2018Listed for rent$2,175$1/sqft
    Source: Owner Report a problem
    3/8/2010Sold$157,000-30.2%$105/sqft
    Source: Public Record Report a problem
    11/12/2009Listing removed$225,000$150/sqft
    Source: Gadish Properties Inc, #F1820074 Report a problem
    5/15/2009Price change$225,000-11.8%$150/sqft
    Source: foreclosure.com Report a problem
    4/18/2009Price change$255,000-11%$170/sqft
    Source: foreclosure.com Report a problem
    3/13/2009Listed for sale$286,500-1.7%$191/sqft
    Source: foreclosure.com Report a problem
    12/26/2008Listing removed$291,500$194/sqft
    Source: foreclosure.com Report a problem
    12/17/2008Listed for sale$291,500-42.5%$194/sqft
    Source: foreclosure.com Report a problem
    8/27/2008Sold$506,944+38.9%$338/sqft
    Source: Public Record Report a problem
    10/5/2004Sold$365,000+25%$243/sqft
    Source: Public Record Report a problem
    5/21/2004Sold$292,000+77%$195/sqft
    Source: Public Record Report a problem
    1/2/2001Sold$165,000+43.5%$110/sqft
    Source: Public Record Report a problem
    7/26/1999Sold$115,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,981 +1.7%$309,781 +2%
    2024$3,916 +1.8%$303,708 +2%
    2023$3,847 +4.6%$297,754 +2%
    2022$3,677 +1.5%$291,917 +2%
    2021$3,624 -0.9%$286,195 +1%
    2020$3,658 $283,262 +2%
    2019$3,658 +6%$277,709 +2%
    2018$3,451 $272,265 +2%
    2017$3,451 +2.1%$266,927 +2%
    2016$3,380 +2.7%$261,694 +1.5%
    2015$3,291 +3.4%$257,764 +2%
    2014$3,184 $252,716 +9.9%
    2012-- $230,000 -4.9%
    2011-- $241,807 -37.4%
    2010-- $386,082 -0.2%
    2009-- $387,000 -0.1%
    2008-- $387,340 +2%
    2007-- $379,746 +2%
    2006-- $372,300
    2005-- $372,300 +112.9%
    2004-- $174,870 +1.9%
    2003-- $171,666 +2%
    2002-- $168,300 +46.3%
    2000-- $115,000
    Find assessor info on the county website

    Neighborhood: South Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $748,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $748,800