A great income producing property! Also perfect for multi generational families. This property offers two units, each of them with two bedrooms, 1 bath, working appliances. This property also offers a separate common dedicated laundry room behind the rear unit. There is a rear alley entrance to driveway with plenty of parking space up to 6 vehicles. Large space in the backyard for entertaining guests. There is also a back shed area that would be great for a workshop, hobby, or storage opportunity. This property is close to schools, shopping areas and has easy access to the 110 and 60 freeways. Less than 6 miles to Downtown LA Crypto Arena. Ideal location for commuting.
Property Details
Property Features
Property Information:
Year Built: 1963
Stories: 1
Living Area: 1,491 SqFt
Listing Office:
Office Name: HOMESMART, EVERGREEN REALTY
Office Phone: (951) 515-1070
Listing Agent: BEN NAVARRO
Interior Features
Interior Information:
Interior: All Bedrooms Down
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
View: Neighborhood
Parking Information:
Garage Space: 6 spaces
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: 56th & Hooper
Price Information
Listing Price Info
Price Summary:
List Price: $680,000
Price Per SqFt: $456/SqFt
Tax Information:
Annual Amount: $2,111
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $341.5K less than the Median Sold Price and $184/SqFt less 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: #IV24239842
Listing Office:
Office Name: HOMESMART, EVERGREEN REALTY
Office Phone: (951) 515-1070
Listing Agent: BEN NAVARRO
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: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,111
$155,653
2020
$2,052
$154,057
2019
$1,986
$151,037
2018
$1,944
$148,077
2017
$1,944
$145,175
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,461
Per Month
Principal & Interest
$3,394
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,105
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Hooper Elementary School
1225 E 52nd St
Distance between this listing and this school0.32 miles
Public District Grades 1-5
5
/10
Aurora Elementary School
1050 E 52nd Pl
Distance between this listing and this school0.36 miles
Public District Grades KG-5
7
/10
Dr. Lawrence H. Moore Math / Science / Technology Academy
1321 E 61st St
Distance between this listing and this school0.52 miles
Public District Grades KG-5
Nearby Schools
3
/10
Los Angeles Academy Middle School
644 E 56th St
Distance between this listing and this school0.75 miles
Public District Grades 6-8
3
/10
Thomas Alva Edison Middle School
6500 Hooper Ave
Distance between this listing and this school0.79 miles
Public District Grades 6-8
2
/10
George Washington Carver Middle School
4410 McKinley Ave
Distance between this listing and this school0.90 miles
Public District Grades 6-8
Nearby Schools
4
/10
Communication & Technology School - Diego Rivera Learning Complex
6100 S Central Ave
Distance between this listing and this school0.64 miles
Public District Grades 9-12
4
/10
Performing Arts Community School - Diego Rivera Learning Complex
6100 S Central Ave
Distance between this listing and this school0.64 miles
Public District Grades 9-12
6
/10
Green Design STEAM Academy - Diego Rivera Learning Complex
6100 S Central Ave
Distance between this listing and this school0.64 miles
The neighbors living near this home have an average income of $46,029. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.
This home is located at 1327 E 56th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 1,491 square foot home, which was built in 1963, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $680,000.
Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. 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.