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Sold for $505,000
  • Listed by: eXp Realty • Paul Samuels • Contact: 888-584-9427
    Bought with: eXp Realty
    $505,000

    1447 E 53rd St, Los Angeles, CA 90011

    6beds
    2,750sqft
    Triplex
    Built in 1963
    -- sqft lot
    $845,000 Zestimate®
    $184/sqft
    $4,758 Estimated rent

    Home value

    $845,000

    $769,000 - $921,000

    $4,758/mo

    Zestimate® history
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    What's special

    Entertainment venuesRenowned educational institutionsShopping districts
    Welcome to this exceptional triplex located in the highly sought-after neighborhood of Los Angeles. This property presents a remarkable investment opportunity for savvy buyers looking to capitalize on the thriving real estate market. Nestled in a vibrant and rapidly appreciating area, this triplex is strategically positioned to take full advantage of all that Los Angeles offers. Convenient access to major transportation routes, shopping districts, entertainment venues, and renowned educational institutions makes it an ideal choice for residents and tenants alike. This triplex boasts three separate units, each with its own distinct layout and amenities. With a consistent rental history and strong demand in the area, this property offers a steady income stream for the discerning investor. Los Angeles continues to experience steady property appreciation, making this triplex not only an excellent income generator but also a promising long-term investment. Don't miss out on this golden opportunity to own a versatile triplex in one of Los Angeles' most dynamic neighborhoods. All units are occupied, Tenants are aware of the possibility of vacating the property, but please drive by only. Do not disturb them. Great investment opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Samuels DRE #02065315 pcsamuels@gmail.com,

    eXp Realty

    Bought with:

    Paul Samuels, DRE #02065315

    eXp Realty

    Source: CRMLS,MLS#: RS23191263MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Primary Bathroom, Primary Bedroom
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 2,750 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    • Garage spaces: 4
    • Has carport: Yes
    • Uncovered spaces: 4
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: Ground floor
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,401 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5104008027
    • Zoning: LAR2
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $530,400
    • Annual tax amount: $6,790
    • Date on market: 10/24/2023
    • Cumulative days on market: 42 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    6/17/2024Sold$505,000-3.8%$184/sqft
    Source: CRMLS #RS23191263 Report a problem
    6/5/2024Pending sale$525,000$191/sqft
    Source: CRMLS #RS23191263 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,790 +434.9%$530,400 +672.4%
    2024$1,269 +1.3%$68,672 +2%
    2023$1,253 +3.8%$67,326 +2%
    2022$1,208 +2.5%$66,007 +2%
    2021$1,178 -0.3%$64,713 +1%
    2020$1,182 $64,051 +2%
    2019$1,182 +11%$62,796 +2%
    2018$1,065 $61,566 +2%
    2017$1,065 +1.9%$60,360 +2%
    2016$1,045 +5.7%$59,177 +1.5%
    2015$989 -1.4%$58,289 +2%
    2014$1,003 $57,148 +2.5%
    2012-- $55,777 +2%
    2011-- $54,685 +0.8%
    2010-- $54,277 -0.2%
    2009-- $54,407 +2%
    2008-- $53,341 +2%
    2007-- $52,296 +2%
    2006-- $51,271
    2005-- $51,271 +4%
    2004-- $49,282 +1.9%
    2003-- $48,380 +2%
    2002-- $47,432 +4%
    2000-- $45,592
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $845,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $845,000