1158 E 50Th St, Los Angeles, CA 90011
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1158 E 50Th St Los Angeles, CA 90011

$403,000 Sold Price as of 05/24/2023
  • 3 Beds
  • 1.25 Baths
  • 1,896 Sq.Ft.
Sold
$403,000 Sold Price as of 05/24/2023 Refinance Your Mortgage

Map preview of 1158 E 50Th St, Los Angeles, CA 90011

Property Overview: 1158 E 50Th St Los Angeles, CA has 3 bedrooms, 1.25 bathrooms, 1,896 living square feet and 5,182 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INVESTORS DELIGHT!!! GREAT POTENTIAL FOR DEVELOPMENT AS MANY INVESTORS HAVE DEVELOPED UP TO 4 UNITS IN THE AREA. SUBJECT PROPERTY MAY HAVE SIMILAR POTENTIAL! BACK UNIT WAS BURNT DOWN DUE TO FIRE DAMAGE. FRONT UNIT IS STILL EXISTING AND HAS 3 BEDROOMS AND 2 BATHROOMS. CHECK WITH THE CITY ON ZONING FOR DEVELOPMENT. THIS PROPERTY OFFERS HUGE POTENTIAL!!!!

Listed by Kenneth Palma | BRE #01886266 | Palma Investments
Co-listed by Jennifer Flores | BRE #01977056 | Palma Investments
Last checked: 11 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 203

Home details

Lot Sq. Ft
5,182
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS22202138
City
Los Angeles
County
Los Angeles
Time on Site
735 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1158 E 50Th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5107027010
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: FROM THE 110 NORTH EXIT SLAUSON HEAD EAST THEN HEAD NORTH ON AVALON
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1158 E 50Th St

Last sold for $403,000 on May 24th, 2023
  • May, 2023

  • May 24, 2023

    Date

    Sold

    CRMLS: RS22202138

    $403,000

    Price

  • Sep 15, 2022

    Date

    Active

    CRMLS: RS22202138

    $565,000

    Price

Tax History for 1158 E 50Th St

Assessed Value (2020): $30,199
Year Land Value Improved Value Assessed Value
2020 $13,417 $16,782 $30,199

Home Value Compared to the Market

This property vs the competition

1158 E 50Th St sold on May 24, 2023 for 63.4% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $216.19 per/sqft which puts the price per square foot 70.14% lower than the current median sale per square foot for the city of Los Angeles.

About 1158 E 50Th St

Detailed summary of property

1158 E 50Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 1.25 bathrooms, roughly 1,896 living square feet, and sits on an approximately 5,182 square foot lot. 1158 E 50Th St was first listed on ArdentRealEstateGroup.com on September 15, 2022. The homeowner sold the property for $403,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 63.4% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 106 days, 1158 E 50Th St has a days on market of 203 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1158 E 50Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1158 E 50Th St

Public county record property details
Beds
5
Baths
2
Year built
1932
Sq. Ft.
1,896
Lot Size
5,181
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5107-027-010

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.