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For Sale

$1,100,000

Est. Mortgage: $5,271 / mo  (See all costs)

$1,100,000

Est. Mortgage: $5,271 / mo  (Mortgage)

For Sale

2553 W 12th St Los Angeles, CA 90006 (Mid City)

  • Multi-Family Home
  • 5 Bedrooms
  • 4 full Bathrooms
  • 1,820 sqft
  • $604/sqft
  • Lot size: 5,996 sqft
  • Built in 1923
  • 65 Days on Trulia

Home Details for 2553 W 12th St


65 Days on Trulia
31 views
2553 W 12th St This investment opportunity is currently comprised of seven (7) units in two (2) structures ~ five 1~bed/1~bath units and 2 singles ~ totaling 4,120 square feet on a 5,995 square foot lot zoned R4~1VL. This property also presents a substantial development opportunity ~ based on the property's current zoning, the property is allowed 1 designated unit per 400 sq. ft. of land, or a total of 14 units, thus doubling the unit count of the property. There are FOUR VACANT UNITS **potentially** providing tremendous and immediate upside in its current configuration by a simple reduction in vacanc...y and an increase in rents to market rates. Rents shown are based on PROFORMA, not actual. Don't miss out on this opportunity to enter one of the fastest growing and densest submarkets in Los Angeles ~ Korea town! Buyer to verify development potential. OPEN LAHD VIOLATION(S) - Buyer to conduct its own investigations. DO NOT DISTURB TENANTS! Anyone that disturbs tenants will be disqualified from purchase.
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Schools
Leo Politi Elementary School
Below Average

Berendo Middle School
Average

West Adams Preparatory High School
Below Average
Low
Crime
Features for 2553 W 12th St

Information last updated on 03/26/2015 12:00 AM:
    • Price: $1,100,000
    • 5 Bedrooms
    • 4 full Bathrooms
    • Multi-Family
    • Air Conditioning
    • Status: For Sale
    • Heating: other
    • Heating Fuel: other
    • Lot Size: 5,996 sqft
    • Built in 1923
    • Neighborhood: Mid City

Public Records for 2553 W 12th St


Official property, sales, and tax information from county (public) records as of 08/2014:
    • Apartment house (5+ units)
    • 7 Units
    • County: Los Angeles
    • 4,120 sqft
    • 2 Buildings
    • Tax Rate Code Area: 0-067
    • Lot Size: 5,995 sqft
    • Subdivision: ELECTRIC RAILWAY HOMESTEAD ASSOCIATION
2553 West 12th Street, Los Angeles CA
2553 W 12th St
$1,100,000
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Affordability


Monthly mortgage for 2553 W 12th St

Property Taxes and Assessment for 2553 W 12th St


Land
Improvement
Total
$135,641
+
$56,170
=
$191,811
Year Tax Assessment Market
2014 $3,145 $191,811  N/A
Source: Public Records

Home Services For 2553 W 12th St


Price History & Trends


Price History for 2553 W 12th St


Date Event Price Source Agents
07/18/1994 Sold view detail $140,000 Public records Public records  
  • Recording Date
    07/18/1994
  • Contract Date
    06/20/1994
  • Sale Price
    $140,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • County Transfer Tax
    $154
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Grant Deed

Compare homes in the area to 2553 W 12th St

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$1,100,000
VS
$715,000
$485,000
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Real Estate Trends in Mid City


Listing price for 2553 W 12th St $1,100,000  
Average listing price for similar homes $1,016,893 8% below listing price
Average sale price for similar homes $998,967 9% below listing price
Average listing price for all homes in Mid City $894,696 23% below listing price
Median sale price for all homes in Mid City $485,000 56% below listing price

Comparables and Estimates around 2553 W 12th St


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm

Contact Info

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