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314 N Avenue 53 Los Angeles, CA $ 1,440,000
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$ 1,440,000 Get more info
314 N Avenue 53
$ 1,440,000
Back to search
Share Save

314 N Avenue 53

Los Angeles, CA, 90042
$ 1,440,000
Bedrooms8 Baths5.0 Sq 3,647

Monthly Estimate*

$ 9,571

Listed by Harnsberger Realty 1924
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Multi-Family Home for sale in Los Angeles, CA

for $1,440,000 with 8 bedrooms and 5 full baths. This 3,647 square foot home was built in 1911 on a lot size of 0.1784.

HIGHLAND PARK- FIVE BEDROOM HOME + THREE 1BD, 1BA UNITS! Searching for a comfortable haven that includes an excellent investment opportunity? Fantastic level street-to-alley lot, this incredible 2-building property is one you'll want to check out! Past the front home's inviting porch, enter a generous 2,015-sq ft layout finished with warm tones, and beautiful hardwood flooring. Brilliant sunlight streams through large windows to living and dining areas adj. a beautifully tiled bath with a prized clawfoot tub. Five stylish bedrooms and two updated baths await across the two-story residence, including a hobby and laundry room done in warm wood paneling. Explore the fantastic rear dwelling with its three 1-bed, 1-bath apartments. Weekend gatherings are a breeze in the well-sized front yard where you can relax and enjoy BBQs. Additional features are the central A/C and heating system along with ample driveway parking at front/back. Conveniently located near bustling downtown Highland Park, this amazing compound is steps to the metro and various shopping, dining, and entertainment options. Come for a tour before this gem slips you by!

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Multi-Family Active

Price

$ 1,440,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1784

Year Built

1911

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24368703

Days on Market

74
Features
General
Interior Features BlockWalls CeilingFans HighCeilings Attic UtilityRoom
Sewer SewerTapPaid
Heating Central WallFurnace
Cooling CentralAir
Roof Composition Shingle
Appliances GasOven
Zoning LARD2
Patio/Porch Features Deck FrontPorch
Architectural Style Other
Pool Features None
Security Features CarbonMonoxideDetectors FireDetectionSystem SmokeDetectors
Construction Materials Stucco
Year Built 1911
Tenant Pays CableTV Electricity TrashCollection
View Hills
Stories 2
Levels Two
Gross Income 100464.0
County Los Angeles
Net Operating Income 94788.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status ActiveUnderContract
Buyer Financing Cash FHA
Directions From North Figueroa Street North on Avenue 53 past Monte Vista Street - Property located on left.
City Los Angeles
Disclosures FamilialRelation RentControl
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 5.0
Total Units 4
MLS Area 632 - Highland Park
Lot Size Square Feet 7770.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Avenue 53
Listing Terms Cash Conventional
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Water Sewer Expense 2676.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://listing.rewsmedia.com/videos/81673fc8-4d25-48db-8c5f-8677b1b6a1a2
Days on Market 51
Standard Status ActiveUnderContract
Occupancy Type Tenant
Taxes 14670.0
Cap Rate 6.5
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Interior
Flooring Carpet Wood
Fireplace Features None
Total Stories 0
Common Walls NoCommonWalls
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 5
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Exterior
Parking Features Assigned
Lot Features FrontYard
Total Parking 5.0
Lot Size Area 7770.0
Foundation Details PillarPostPier Raised
Number of Buildings 2
Spa N
Building Area Total 3647.0
Lot Size Acres 0.1784
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 314
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* Excluded Features
List By
Harnsberger Realty 1924

Broker

(323) 256-0660

Phone

Affordability Calculator

$9,571
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,571
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2024$1,440,000 -7.04% Price Down
4/4/2024$1,549,000 -6.06% Price Down
3/15/2024$1,649,000 Listed Price

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314 N Avenue 53, Los Angeles, CA, 90042 is a Multi-Family Home for sale at $1,440,000 with 3,647 sqft and a lot size of 0.1784. 314 N Avenue 53 has 8 bedrooms, 5.0 baths, and was built in 1911. The property's zip code is 90042 which is in Los Angeles, CA

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