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Sold for $550,000 · Dec 2019

SOLD

Listed at $575,000

Sold

1513 W 58TH Place, Los Angeles, CA 90047

Los Angeles, CA

MLS# 19473634

1,116 Sq Ft • Property
147 days on market

Listing Agent

David Yashar

Listing Agent

Keller Williams Realty Westsid

DRE #: 01102638

Brokerage: Keller Williams Realty Westsid

Property Details

N/A

Bedrooms

N/A

Bathrooms

1,116 sqft

Square Feet

1924

Year Built

4,815 sqft

Lot Size

$493

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

This Duplex is located within one of Los Angeles' densest areas. It is approximately 1,450 SF on 4,815 SF lot. This Duplex currently consists of 2 - 1 bedroom + 1 den & 2 bathroom units, each with an enclosed garage, per seller. Title represents this property consists of 2 - 1 Bedroom + 1 Bathroom units. Both units have on-site laundry. One of the units is currently vacant. Property has been remodeled inside and outside including newer artificial turf in front of property to cut down on expenses!!!This offering is a great opportunity for an investor to own Duplex within an infill location at an approximate proforma cap of 7.7% Cap Rate.This offering is conveniently located less than 2 miles from the 110 freeway entrance. It is less than 1/4 of a mile from the Slauson Mall and 1/2 a mile from Big Lots & the Food 4 Less / Home Depot Center, with tenants including Walgree

Listing description from the December 2019 sale, as reported to CRMLS.

Sale history for 1513 W 58TH Place

2 recorded sales

$550,000
Sold December 2019 · listed $575,000, orig. $650,000, on market May 2019, 147 days on market · MLS #19473634 · Source: CRMLS
Listing Agent: David Yashar · Listing Office: Keller Williams Realty Westsid · Contact: 310-482-2500 · Bought with: Parham Zar · Greenway Commercial Holdings,
$307,000
Sold August 2017 · listed $323,000, orig. $369,900, on market February 2017, 147 days on market · MLS #17199544 · Source: CRMLS
Listing Agent: Peter Park · Listing Office: Prime Properties Asset Mgmt. · Contact: 323-933-0330 · Bought with: Peter Park · Prime Properties Asset Mgmt.

How this sale compares

1513 W 58TH Place sold for $550,000 in December 2019, 4.3% under its $575,000 list price, after 147 days on the market. It was first listed at $650,000. Across 170 closed sales in 90047 over the last 12 months, the median sold price is $730,000 and the median is $516 per square foot.

$516
90047 median per sq ft (12 mo)
$730,000
90047 median sold price (12 mo)
170
Closed sales in 90047 (12 mo)
147
Days on market
−4.3%
Sold vs. list price
QuarterClosed sales in 90047Median sold price
Q1 202621$715,000
Q2 202672$741,000
Q3 202662$715,000
Q4 202615$749,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90047

Recent sales near 1513 W 58TH Place

Closed sales reported in 90047, nearest first, last 12 months. All recent sales in Los Angeles →

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