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$2,349,000   Price Analysis
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2900 W 54th St
Los Angeles, CA 90043
8 bed 10 bath 6,755 SqFt ($347/SqFt)
0.23 acre lot. Built 1956
Listed 2024-04-19, Taxes $18,666		Ⓧ USDA Ineligible
due to price & location
near Los Angeles

Here's an exceptional opportunity to own a superb property in a highly sought-after location.

This building not boasts low-maintenance upkeep but also offers ease of management, making it an ideal investment choice. The majrity of units feature distinctive high vaulted ceilings, enhancing their allure and appeal.This property includes three garages and seven carports, providing ample parking space for residents. With central water heating and separate utility metering, it offers added convenience and efficiency.

Additionally, tenants benefit from a dedicated laundry room within the building.Bringing forth immense potential, this property is strategically situated in a central location. It comprises a diverse mix of units, including a sizeable 3-bedroom, 1.5-bathroom unit, a comfortable 2-bedroom, 1-bathroom unit, four cozy 1-bedroom, 1-bathroom units and three single units with 1 bathroom each.Conveniently adjacent to Leimert Park, residents enjoy easy access to public transportation, including trains and buses. Don't let this remarkable investment opportunity slip by!


Presented by Melissa Knight at
The Hills Premier Realty.


Property MLS #24-381017 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 10
Full Bathrooms: 10

Heating Features: Wall

Lot Size Acres: 0.23191
Lot Size Dimensions: 75x135
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 10102

Garage Description: Carport Attached

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 10
Number of Units: 10
Unit Features: 1 BathsTotal: 4, 1 SquareFeet: 6000, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2000, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 6000, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 2500, 5 BedsTotal: 3, 5 BathsTotal: 2, 5 SquareFeet: 2600

Source Listing Status: Active
County: Los Angeles
Directions: East of Crenshaw
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 5006-020-017
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$294,855 + $1,179,421
$1,474,276		$18,666
2021$289,074 + $1,156,296
$1,445,370		$18,415
2020$286,110 + $1,144,440
$1,430,550		$18,591
2019$280,500 + $1,122,000
$1,402,500		$17,892
2018$459,000 + $867,000
$1,326,000		$17,108
2017$379,474 + $599,170
$978,644		$12,880
2016$372,034 + $587,422
$959,456		$12,538
2015$366,446 + $578,599
$945,045		$12,368
2014$359,268 + $567,266
$926,534		$12,471
2013$290,800 + $459,200
$750,000		$10,356
2012$250,000 + $450,000
$700,000		$10,041
2010$343,758 + $542,776
$886,534		$12,302
2009$342,000 + $540,000
$882,000		$11,868
2009$341,189 + $538,720
$879,909		$11,868
2008$367,177 + $477,543
$844,720		$11,155
2007$359,978 + $468,180
$828,158		$10,788

Listed 2024-04-19
$2,349,000
TheMLSCLAW
Listing removed 2024-03-31
$0
TheMLSCLAW
Relisted 2024-01-02
$2,699,000
TheMLSCLAW
Listing removed 2024-01-01
$0
TheMLSCLAW
Price Changed 2023-03-23
$2,699,000
TheMLSCLAW
Listed 2023-02-08
$2,999,000
TheMLSCLAW
Listing removed 2017-06-07
$1,299,000
TheMLSCLAW
Sold 2017-06-06
$1,300,000
Public Record
Listed 2016-12-02
$1,299,000
TheMLSCLAW
Sold 2008-12-02
$310,500
Public Record
Listing removed 2008-09-25
$900,000
ITECH
Listed 2008-01-24
$900,000
ITECH
Sold 2005-03-23
$796,000
Public Record
Listing removed 2005-03-15
$799,900
ITECH
Listed 2004-02-17
$799,900
ITECH
Listing removed 2003-12-15
$849,900
ITECH
Listed 2003-10-15
$849,900
ITECH
Listing removed 2003-06-18
$699,900
ITECH
Listed 2002-09-07
$699,900
ITECH
Listing removed 2002-03-28
$489,900
ITECH
Listing removed 2002-03-26
$499,900
ITECH
Listed 2001-11-27
$489,900
ITECH
Listed 2001-10-12
$499,900
ITECH
Listing removed 2001-06-26
$378,900
ITECH
Listing removed 2000-09-26
$379,900
ITECH
Listing removed 2000-07-13
$335,000
ITECH
Listed 2000-06-15
$378,900
ITECH
Listed 2000-06-10
$379,900
ITECH
Listed 1999-07-26
$335,000
ITECH
Sold 1987-07-22
$350,000
Public Record

Net Operating Income: 130884

Total Square Feet Living: 6755
Year Built: 1956
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 68
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Garbage Disposal

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 0.3 miles away.
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Audubon Middle School is a public middle school located approximately 1.2 miles away.
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Islah Academy 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.