5 months on rocket

1123 W 56th St, Los Angeles, CA, 90037

$744,990

Home List Price

$8,847*

Closing Credit

3 Bedrooms
1 Full Bath
1,138 SqFt
$655/SqFt
House

Location

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1123 W 56th St, Los Angeles$744,990

Buyer Closing Credits

$8,847*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1920
HeatingFireplace(s), Natural Gas
CoolingCentral Air, ENERGY STAR Qualified Equipment
FireplaceGas, Living Room, Wood Burning
ViewNone
MLS #SW24111737
Lot Size0.12 Acres
StatusActive

About 1123 W 56th St

Welcome to this charming 3-bedroom, 1-bath upgraded home in the heart of Los Angeles. With approximately 1,138 square feet of living space (buyer’s realtor to verify) A walk in closet in the main bedroom, a walk in Pantry in dinning room area and a nice size backyard, this property offers both comfort and convenience. Located near Highway 110 and the 10, a couple miles from USC, Crypto.com, BMO Stadium, LA Memorial Coliseum and within walking distance to shopping centers, it is perfectly situated for easy access to everything you need. This home gained fame from its feature on the TV show "Snowfall" and has caught the eye of the producers of "All American," who are interested in using the beautiful backyard space for their show. This potential for income generation adds a unique appeal to this already attractive property. Don't miss out on this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Patio Home
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,138 SqFt

Listing Office:

  • Office Name: Real Brokerage Technologies
  • Office Phone: (424) 269-8775
  • Listing Agent: Sandra Ortega

Interior Features

Interior Information:

  • Appliances: Stove, Range, Dishwasher, ENERGY STAR Qualified Appliances, Exhaust Fan, Disposal, Gas Oven, Range Hood, Water Heater
  • Flooring Type: Vinyl
  • Interior: Breakfast Bar, Separate/Formal Dining Room, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Down, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Gas, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Garden, Near Public Transit
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Natural Gas
  • Cooling: Central Air, ENERGY STAR Qualified Equipment

Other

Directions Information:

  • Directions: S Flower St Right on 51st St, Left on Vermont Ave., Right on 56th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $744,990
  • Price Per SqFt: $655/SqFt

Tax Information:

  • Annual Amount: $7,804
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1123 W 56th St vs Los Angeles

165 DAYS ON ROCKET

+127 Days

$744,990

-$278.4K Less

$655/SqFt

+$14 More

KEY TAKEAWAY

This property is $278.4K less than the Median Sold Price and $14/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24111737

Listing Office:

  • Office Name: Real Brokerage Technologies
  • Office Phone: (424) 269-8775
  • Listing Agent: Sandra Ortega

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 6:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 06, 2005Home Sold
$240,000
Jul 02, 1998Home Sold
$120,000
Jul 24, 1997Home Sold
$81,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,804$219,793
2020$7,723$217,540
2019$7,671$213,276
2018$2,616$209,095
2017$2,616$204,996

History based on county public records data.

Payment Calculator

$3,786

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,300

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-215329
4
/10

  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-215330
3
/10

  • Icef Innovation los Angeles Charter

  • 5029 S Vermont Ave

  • 0.42 miles

  • Public Charter Grades KG-5

school-card-donut-215331
3
/10

  • 52nd Street Elementary School

  • 816 W 51st St

  • 0.50 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,497. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1123 W 56th St

What is the listing price of this property?

The listing price of 1123 W 56th St property is $744,990.

What type of property is this?

The property 1123 W 56th St is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 1123 W 56th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,804 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 6, 2005 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1123 W 56th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1123 W 56th St is 1,138 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1123 W 56th St is 1920.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›1123 W 56th St

This home is located at 1123 W 56th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 1,138 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 02, 2024 and is currently priced at $744,990.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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