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1305 W 56th St, Los Angeles, CA, 90037

$760,000

Home List Price

$9,025*

Closing Credit

0 Baths
Multi

Location

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1305 W 56th St, Los Angeles$760,000

Buyer Closing Credits

$9,025*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1924
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #SB24224758
Lot Size0.08 Acres
StatusActive

About 1305 W 56th St

This is your chance to own this freshly painted duplex, inside and outside, in the city of Los Angeles. Both units offer 2 bedrooms & 1 bathroom each, Tile flooring and laminate flooring throughout. Great investment you don’t want to miss. Both units will be delivered vacant at close of escrow, set up your own rents at the current market values. You can live in one unit and rent the second one. Both units have their own laundry room. The property offers a front yard, side yard, backyard and security gates. Separate meters for gas and electric and a submeter for water for each unit. The property was repiped with coper plumbing around 12 years ago. The roof was also replaced about 12 years ago. Great income producing property. Ready for investors looking for cash flow or owners occupied. Centrally located, close to shopping malls, freeways, newly built SOFI Stadium, Downtown Los Angeles, USC, Crypto Arena, Los Angeles Clippers Stadium.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 1

Listing Office:

  • Office Name: Jules Laross Kanhan
  • Office Phone: (310) 227-9121
  • Listing Agent: Jules Kanhan

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile
  • Interior: Ceiling Fan(s), Tile Counters
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: East of Normandie & South of Slauson

Price Information

Listing Price Info

Price Summary:

  • List Price: $760,000

Tax Information:

  • Annual Amount: $3,624
  • 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

1346

1305 W 56th St vs Los Angeles

50 DAYS ON ROCKET

+12 Days

$760,000

-$261.5K Less

KEY TAKEAWAY

This property is $261.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24224758

Listing Office:

  • Office Name: Jules Laross Kanhan
  • Office Phone: (310) 227-9121
  • Listing Agent: Jules Kanhan

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: 12/21/2024, 9:21:02 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

Jun 17, 2010Home Sold
$240,000
Oct 05, 2004Home Sold
$365,000
May 21, 2004Home Sold
$292,000
Jan 02, 2001Home Sold
$165,000
Jul 26, 1999Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,624$286,195
2020$3,519$283,262
2019$3,451$277,709
2018$3,380$272,265
2017$3,380$266,927

History based on county public records data.

Payment Calculator

$3,861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,345

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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-797795
4
/10

  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-797796
4
/10

  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.53 miles

  • Public Magnet Grades KG-5

school-card-donut-797797
3
/10

  • Icef Innovation los Angeles Charter

  • 5029 S Vermont Ave

  • 0.54 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,556. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90037›1305 W 56th St

This home is located at 1305 W 56th St in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This home, which was built in 1924, sits on a 0.08 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $760,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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