626 E 54th, Los Angeles, California 90011, Los Angeles, 90011 - 5 bed, 2 bath
ACTIVE$789,000$2,589/sqft
626 E 54th, Los Angeles, California 90011
5Beds
2Baths
2,589Sqft
4,770Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential: As a duplex, the property offers immediate income potential, making it an attractive investment opportunity.
Top Cons:
Property Condition: The property was built in 1924 and may require updates or renovations to meet modern standards and tenant expectations.
Compared to the nearby listings
Price:$789.0K vs avg $699.0K (+$90,000)69%
Size:2,589 sqft vs avg 2,076 sqft90%
Price/sqft:$305 vs avg $33731%
More Insights
Built in 1924 (102 years old).
Condition: The property was built in 1924 and described as a Victorian style duplex. Based on the age and the limited information available, it's likely that the property requires substantial repairs and rehabilitation. The listing mentions verifying the number of beds and baths with the city, suggesting potential discrepancies or unpermitted modifications. The images (if available) would likely show outdated features and signs of wear and tear, especially in the kitchen and bathrooms, indicating a need for significant updates.
Year Built
1924
Close
-
List price
$789K
Original List price
$849K
Price/Sqft
$305
HOA
-
Days on market
-
Sold On
-
MLS number
SR25008463
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights
About this home
Charming VICTORIAN STYLE duplex in the heart of Los Angeles. MUST SEE!! Built in 1924, this 2,589 square foot multi-family home sits on a 4,770 square foot lot and features 5 bedrooms and 2 bathrooms upstairs & 4 bedrooms and 1 bathrooms downstairs. Nearby schools include Los Angeles Academy Middle School, Johnson Community Day School and Estrella Elementary School. Enjoy a peaceful walk across the street at Los Angeles Wetlands Park, visit nearby shopping centers, grocery stores and quick access to major freeways. Schedule a viewing today! Please note tax records show 5 bed 2 bath, buyer to verify with city.
C
Carlos Garcia
Listing Agent
Nearby schools
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.4mi
2/10
Aurora Elementary School
Public,•K-5•0.4mi
2/10
Main Street Elementary School
Public,•K-5•0.5mi
5/10
Estrella Elementary School
Public,•K-5•0.5mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.7mi
2/10
Harmony Elementary School
Public,•K-5•1.0mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.2mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.2mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.7mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.1mi
3/10
George Washington Carver Middle School
Public,•6-8•0.7mi
2/10
John Muir Middle School
Public,•6-8•1.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.9mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.4mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.6mi
3/10
Manual Arts Senior High School
Public,•9-12•1.9mi
5/10
Santee Education Complex
Public,•9-12•2.5mi
Price History
Date
Event
Price
10/12/16
Sold
$455,000
08/07/13
Sold
$330,000
12/08/05
Sold
$505,000
Condition Rating
Poor
The property was built in 1924 and described as a Victorian style duplex. Based on the age and the limited information available, it's likely that the property requires substantial repairs and rehabilitation. The listing mentions verifying the number of beds and baths with the city, suggesting potential discrepancies or unpermitted modifications. The images (if available) would likely show outdated features and signs of wear and tear, especially in the kitchen and bathrooms, indicating a need for significant updates.
Pros & Cons
Pros
Income Potential: As a duplex, the property offers immediate income potential, making it an attractive investment opportunity.
Location: The property is conveniently located near schools, parks (Los Angeles Wetlands Park), shopping centers, grocery stores, and major freeways, providing easy access to amenities and transportation.
Size and Layout: With a total of 9 bedrooms and 3 bathrooms across two units, the property offers ample living space and flexibility for various tenant configurations.
Cons
Property Condition: The property was built in 1924 and may require updates or renovations to meet modern standards and tenant expectations.
Inaccurate Tax Records: Tax records show conflicting information regarding the number of bedrooms and bathrooms, requiring buyer verification with the city, which could introduce uncertainty.