1025 W 54th St Unit 2 Los Angeles, CA 90037
Vermont Square Neighborhood
1
Bed
1
Bath
1,600
Sq Ft
5,173
Sq Ft Lot
Highlights
- Stables
- Neighborhood Views
- Park
- No HOA
- Cooling System Mounted To A Wall/Window
- Laundry Room
About This Home
As of March 2021Reduced price probate fixer. Duplex total of 2 Bedroom 2 Bathroom with great potentials, both units with plenty of sft. space for improvement, full living room, dining room areas. A great investment to occupy and generate rental income. No tenant buyout necessary, units will be delivered vacant at the close. Minutes from Downtown L.A., USC, Trade Tech, Coliseum, and all public transportation. Buyer to verify all information and permits. Court confirmation is required.
Confirmation sale set for February 19, 2021, at 8:30 am, in Dept. 79.
Call to set up a showing. Fax/email pre-approval letter and proof of funds.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,275
Year Built
- Built in 1923
Lot Details
- 5,173 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Block Wall Fence
- Chain Link Fence
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 4 Carport Spaces
Home Design
- Duplex
- Bungalow
- Fire Rated Drywall
- Asphalt Roof
Interior Spaces
- 1,600 Sq Ft Home
- Ceiling Fan
- Formal Entry
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Phone Available
Additional Features
- Exterior Lighting
- Stables
Listing and Financial Details
- Tenant pays for insurance
- Tax Lot 135
- Tax Tract Number 135
- Assessor Parcel Number 5002026016
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Park
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $50
- Insurance Expense $550
- Trash Expense $50
- New Taxes Expense $660
- Operating Expense $1,260
- Gross Income $43,800
- Net Operating Income $30,300
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $575,000 | +8.6% | $359 / Sq Ft |
| 02/19/2021 02/19/21 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | Price Changed | $529,321 | -3.6% | $331 / Sq Ft |
| 06/13/2020 06/13/20 | For Sale | $549,321 | -- | $343 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,275 | $915,552 | $728,280 | $187,272 |
| 2023 | $11,060 | $897,600 | $714,000 | $183,600 |
| 2022 | $7,129 | $586,500 | $540,600 | $45,900 |
| 2021 | $690 | $35,045 | $22,617 | $12,428 |
| 2020 | $609 | $34,687 | $22,386 | $12,301 |
| 2019 | $594 | $34,008 | $21,948 | $12,060 |
| 2018 | $533 | $33,342 | $21,518 | $11,824 |
| 2016 | $493 | $32,050 | $20,684 | $11,366 |
| 2015 | $487 | $31,570 | $20,374 | $11,196 |
| 2014 | $504 | $30,952 | $19,975 | $10,977 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $704,000 | New Conventional | |
| Previous Owner | $432,000 | Commercial | |
| Previous Owner | $469,342 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $33,825 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $880,000 | Provident Title | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $575,000 | Lawyers Title Company |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20110775
APN: 5002-026-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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