2 months on rocket

553 W Imperial Hwy, Los Angeles, CA, 90044

$750,000

Home List Price

$8,906*

Closing Credit

4 Bedrooms
4 Baths
2,352 SqFt
$319/SqFt
House

Location

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553 W Imperial Hwy, Los Angeles$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGated
Year Built1953
HeatingWall Furnace
CoolingNone
MLS #24439646
Lot Size0.13 Acres
StatusActive

About 553 W Imperial Hwy

This property is a well-maintained multi-unit, featuring two spacious 4-unit buildings, each consisting of 1-bedroom, 1-bathroom apartments. With eight total units, this income-generating property is in excellent condition, boasting clean interiors, quality appliances, and energy-efficient features. Each unit offers an open-concept living area with ample natural light, a fully equipped kitchen, and a comfortable bedroom with plenty of closet space. The property includes well-kept common areas, on-site parking, and landscaped surroundings. Ideal for investors looking for a turnkey property with low maintenance and strong rental potential. Please note that 553 & 557 W Imperial HWY are being sold together.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1953
  • Stories: 1
  • Living Area: 2,352 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (626) 803-2000
  • Listing Agent: Peter DiVito

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Gated

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $319/SqFt

Tax Information:

  • Annual Amount: $1,101
  • 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

553 W Imperial Hwy vs Los Angeles

61 DAYS ON ROCKET

+23 Days

$750,000

-$273.4K Less

$319/SqFt

-$322 Less

KEY TAKEAWAY

This property is $273.4K less than the Median Sold Price and $322/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: #24439646

Listing Office:

  • Office Name: The Agency
  • Office Phone: (626) 803-2000
  • Listing Agent: Peter DiVito

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, 10:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,101$52,483
2020$1,079$51,945
2019$984$50,928
2018$971$49,931
2017$971$48,953

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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-313096
3
/10

  • Figueroa Street Elementary School

  • 510 W 111th St

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-313097
1
/10

  • West Athens Elementary School

  • 1110 W 119th St

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-313098
4
/10

  • 118th Street Elementary

  • 144 E 118th St

  • 0.78 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 $35,245. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 553 W Imperial Hwy

What is the listing price of this property?

The listing price of 553 W Imperial Hwy property is $750,000.

What type of property is this?

The property 553 W Imperial Hwy is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 553 W Imperial Hwy 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 $1,101 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 553 W Imperial Hwy has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 553 W Imperial Hwy is 2,352 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 553 W Imperial Hwy is 1953.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›553 W Imperial Hwy

This home is located at 553 W Imperial Hwy in Los Angeles, CA and zip code 90044 in the Vermont Vista neighborhood. This 2,352 square foot home, which was built in 1953, sits on a 0.13 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $750,000.

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 number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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