SOLD 04/17/2024
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Home sold for $949,900 in 99 days
408 E 56th St Los Angeles, CA, 90011
Off the market 8 beds 2,560 sqft
Attention Investors 6.5 Cap Rate! This duplex was built in 2008 and features two 4 bedroom 2 bath units that are in good condition. The upstairs unit is in good condition with 4 bedrooms and 2 baths, an updated kitchen with granite counters and newer cabinets, the downstairs unit is the same floor plan and is also in good condition, both units have inside laundry hook ups, the property has a long gated driveway with a large two car detached finished garage and parking for multiple other cars in the rear, the property is close to the 105, 10 and 110 freeways, USC, downtown, Mid city and lots of shopping. Expenses for water and insurance are estimated. We also have another duplex for sale with the same Cap Rate, floor plan built in 2008 at 238 E 73rd Street. Total gross income $79,000, total expenses $13,975, buyer accepts responsibility for verifying all information including expenses and income.
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Property details
2,560 sqft interior area
Property type
Home
Interior area
2,560 sqft
View
Other
Land area
5,227 sqft (0.12 acres)
Price per sqft
$371/sqft
Address
408 E 56th St, Los Angeles, CA, 90011
City of California
Los Angeles
County
Los Angeles
Sold price
$949,900
nr.of parking places
2
Year Built
2010
District
Listing
Open Houses
No upcoming open houses
Interior Features
2 parking places, Laminate floors
Beds
8
Floors
Laminate
Parking
2
Garage & Parking
Other, Garage Faces Front, RV Access
Laundry Features
Laundry Room, Inside
Heathing & Cooling
Central Air, Central
Amenities
Other
Listed by
Alvin Mullins, Your Home Team Real Estate
Name
Alvin Mullins
License number
01128308
Brokerage company
Your Home Team Real Estate
MLS #
CRRS24000946
Buyer agent
Name
Jimmy Kim
Brokerage company
First Team Real Estate
Payment calculator
Calculate your monthly payments
Mortgage
$2,917
Taxes
$0
HOA dues
$0
Mortgage
$189,980 / 20%
2.28%
30 years
Your amount
$2,917 / month
Exterior Features
Stucco construction
Construction
Stucco
Yard
Back Yard, Front Yard, Other
Lot details
TMK #5101004014
Lot Description
Level, Other, Back Yard, Front Yard
Parcel nr.
5101004014
90011 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90011
52%
Families with children
National average: 39%
24%
Non family households
699,315
Population
$51,868
Average Income
Age & gender
Median age 30 years
More info
Commute types
78% commute by car
More info
Education level
42% have not graduated education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
32% have 1 vehicle
More info
Vehicles by gender
32% have 1 vehicle
More info
Housing market insights for
$760.14k
Neighborhood average
sales price*
sales price*
$666k
Neighborhood median
sales price*
sales price*
495
Number
of sales*
of sales*
Housing type
49% are single detacheds
More info
Rooms
48% of the houses have 4 or 5 rooms
More info
Bedrooms
62% have 2 or 3 bedrooms
More info
Owners vs Renters
67% are renters
More info
16.33 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 17, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 17, 2024 | Sold | $949,900 | 371.05 | Public Record |
| Feb 14, 2024 | Under contract | $949,900 | 371.05 | MLS #CRRS24000946 |
| Jan 10, 2024 | New Listing | $949,900 | 371.05 | MLS #CRRS24000946 |
Taxes of 408 E 56th St, Los Angeles, CA, 90011
LAR2 zoning / MLS #CRRS24000946
Zoning
LAR2
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Frequently Asked Questions about 408 E 56th St
What is 408 E 56th St?
408 E 56th St, Los Angeles, CA, 90011 is a single family home located in the city of Los Angeles, California with zipcode 90011. This single family home has 8 bedrooms with an interior area of 2,560 sqft.
Which year was this home built?
This home was build in 2010.
Which year was this property last sold?
This property was sold in 2024.
What is the full address of this Home?
408 E 56th St, Los Angeles, CA, 90011.
Are grocery stores nearby?
The closest grocery stores are Northgate Supermarket, 0.54 miles away and Numero Uno Market, 2.18 miles away.
What is the neighborhood like?
The 90011 zip area has a population of 699,315, and 52% of the families have children. The median age is 30.84 years and 78% commute by car. The most popular housing type is "single detached" and 67% is renter.
Based on information from the bridgeMLS as of 05-01-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 18, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Northgate Supermarket, 0.54 miles away and Numero Uno Market, 2.18 miles away.
The 90011 zip area has a population of 699,315, and 52% of the families have children. The median age is 30.84 years and 78% commute by car. The most popular housing type is "single detached" and 67% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
