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$675,000   Price Analysis
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2716 W 54th St
Los Angeles, CA 90043
8 bed 6 bath 3,018 SqFt ($223/SqFt)
2,375SqFt lot. Built 1922
Listed 2024-07-31, Taxes $540
Ⓧ USDA Ineligible
due to location

near Los Angeles

Prime investment opportunity.

This two-story building with RTI is for conversion into a Two-roomy 4-bedroom residence, perfect for investors or owner-users; upon completion, the property will produce an annual rent of $104, 000.

Prime investment opportunity. This two-story building with RTI is for conversion into a Two-roomy 4-bedroom residence, perfect for investors or owner-users; upon completion, the property will produce an annual rent of $104, 000.


Presented by Behrouz Lavi at
Keller Williams Realty-Studio City.


Property MLS #SR24157723 from CRMLS

Bedrooms: 8

Laundry Features: In Kitchen

Full Bathrooms: 6

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.0545225
Lot Size Source: Assessor
Lot Size Square Feet: 2375

Garage Spaces: 3
Parking Total: 2

Number of Units: 2
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 4
Total Bathrooms in Unit-1: 4
Total Bathrooms in Unit-2: 2
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1

Maintenance Expense: 3600.00

Rent Control: Yes

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3500.00
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
New Taxes Expense: 7700.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5006026002
Postal Code Plus 4: 2644
Zoning: LAC2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$5,514 + $7,129
$12,643
$540
2021$5,406 + $6,990
$12,396
$512
2020$5,351 + $6,919
$12,270
$510
2019$5,247 + $6,784
$12,031
$504
2018$5,145 + $6,651
$11,796
$449
2017$5,045 + $6,521
$11,566
$446
2016$4,947 + $6,394
$11,341
$398
2015$4,873 + $6,298
$11,171
$396
2014$4,778 + $6,175
$10,953
$409
2013$4,757 + $6,148
$10,905
$403
2012$4,664 + $6,028
$10,692
$408
2010$4,573 + $5,910
$10,483
$428
2009$4,550 + $5,880
$10,430
$409
2009$4,539 + $5,866
$10,405
$409
2008$4,461 + $5,765
$10,226
$404
2007$4,374 + $5,652
$10,026
$379

Listed 2024-07-31
$675,000
CRMLS
Sold 2023-06-16
$525,000
Public Record
Listing removed 2012-01-04
$310,000
SoCalMLS
Listing removed 2011-12-29
$310,000
GreaterAntelope
Listed 2011-09-08
$310,000
GreaterAntelope
Listed 2011-08-24
$310,000
SoCalMLS

Net Operating Income: 86480.00

Total Square Feet Living: 3018
Year Built: 1922
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 54 th St
Property Age: 102
Building Total Stories: 2
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 2400.00
Water Source: Public

Angeles Mesa Elementary School is a public elementary school located approximately 0.2 miles away.
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Crenshaw Science, Technology, Engineering, Math And Medicine Magnet is a public high school located approximately 0.4 miles away.
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Audubon Middle School is a public middle school located approximately 1.2 miles away.
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Marcus Garvey Elementary And Preschool is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.