4 months on rocket

1414 W 54th St, Los Angeles, CA, 90062

$700,000

Home List Price

$8,313*

Closing Credit

3 Bedrooms
3 Full Baths
1,300 SqFt
$538/SqFt
House

Location

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1414 W 54th St, Los Angeles$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1941
HeatingNone
CoolingNone
FireplaceNone
ViewOther
MLS #24426047
Lot Size0.09 Acres
StatusActive

About 1414 W 54th St

Perfect starter property with permitted ADU for great cash flow. 1414 W. 54th Street is an amazing investment opportunity just south of USC and DTLA, with easy access to the 110 freeway. The fully gated property is comprised of 2 buildings, the main house is a 2 Bed/2Bath (owner occupied) with beautiful wood floors, granite countertops and refreshed bathrooms. Detached is a permitted ADU studio (currently bringing in $3,000-$3,500 per month) featuring a beautiful subway tile kitchen with butcher block countertops, subway tile bathroom with a clawfoot tub & shower combo, and a front grass area ideal for lounging. There is also a detached garage (3rd structure) with laundry room that can be turned into a Jr. ADU, if new owner wishes to add to the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: SaraVita Properties Inc
  • Office Phone: (310) 475-5779
  • Listing Agent: Steven Ghafouri

Interior Features

Interior Information:

  • Appliances: Microwave, Oven, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Normandie Ave and 54th Street - Access either from 101 or 405

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $538/SqFt

Tax Information:

  • Annual Amount: $5,546
  • 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

1414 W 54th St vs Los Angeles

134 DAYS ON ROCKET

+96 Days

$700,000

-$321.5K Less

$538/SqFt

-$102 Less

KEY TAKEAWAY

This property is $321.5K less than the Median Sold Price and $102/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: #24426047

Listing Office:

  • Office Name: SaraVita Properties Inc
  • Office Phone: (310) 475-5779
  • Listing Agent: Steven Ghafouri

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: 12/22/2024, 11:55:59 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

Apr 22, 2021Home Sold
$580,000
Oct 23, 2018Home Sold
$440,000
Mar 02, 2018Home Sold
$295,000
Jun 04, 2004Home Sold
$170,000
Mar 06, 1995Home Sold
$38,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,546$453,448
2020$5,382$448,800
2019$2,291$440,000
2018$2,244$179,380
2017$2,244$175,864

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-1117868
4
/10

  • Western Avenue Elementary

  • 1724 W 53rd St

  • 0.37 miles

  • Public Magnet Grades KG-5

school-card-donut-1117869
4
/10

  • Budlong Avenue Elementary School

  • 5940 S Budlong Ave

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-1117870
3
/10

  • Icef Innovation los Angeles Charter

  • 5029 S Vermont Ave

  • 0.60 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 $39,586. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1414 W 54th St

What is the listing price of this property?

The listing price of 1414 W 54th St property is $700,000.

What type of property is this?

The property 1414 W 54th St is a house located in Los Angeles, California, 90062.

Is this property for sale now?

Active Listing: 1414 W 54th 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 $5,546 (source: MLS/based on county public records data).

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

The last sale was on April 22, 2021 for $580,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1414 W 54th St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1414 W 54th St is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1414 W 54th St is 1941.

Rocket Homes›California›Los Angeles County›Los Angeles›90062›1414 W 54th St

This home is located at 1414 W 54th St in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This 1,300 square foot home, which was built in 1941, sits on a 0.09 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $700,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 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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