1319 N Avenue 50, Los Angeles, CA 90042
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1319 N Avenue 50 Los Angeles, CA 90042

$1,290,000 Sold Price as of 04/12/2023
  • 3 Beds
  • 3 Baths
  • 1,767 Sq.Ft.
Sold
$1,290,000 Sold Price as of 04/12/2023 Refinance Your Mortgage

Map preview of 1319 N Avenue 50, Los Angeles, CA 90042

Property Overview: 1319 N Avenue 50 Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,767 living square feet and 5,212 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOCATION, LOCATION, LOCATION! Welcome to 1319 N Ave 50, ideally located in the vibrant Highland Park neighborhood, just steps away from popular restaurants, shops, and local amenities. The neighborhood is known for its artistic and eclectic vibe, reinforced by the student population of nearby Occidental College, making it a sought-after area for young people and families alike. This modernized 3-unit property consists of a 2 bedroom/1 bath; a 1 bedroom/1 bath; and a studio/1 bath. All three units have been lovingly cared for and features tasteful interior design. Inside, each unit boasts an open floor plan, with the main living room that flows seamlessly into the kitchen, featuring stone countertops, stainless steel appliances, ample counter and cabinet space, all attached to an overlook style breakfast bar. Each unit also includes a dedicated laundry room equipped with full size washers and dryers. The two end units have A/C & Heating, with the middle unit having a split system. All unit's water heaters have been upgraded to tankless water heaters. Additionally, there are (3) off-street parking spaces - one 1-car garage and one 2-car garage, as well as beautifully landscaped (dedicated and common) outdoor spaces. Overall, 1319 N Avenue 50 is a fantastic investment opportunity for buyers seeking market rental income and/or as owner-user multi-generational living.

Listed by ROBERT E. SILVA | BRE #00860584 | SILVA REAL ESTATE GRP.
Last checked: 8 minutes ago | Last updated: April 13th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
5,212
HOA Dues
$0/mo
Year built
1951
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
WS23031393
City
Los Angeles
County
Los Angeles
Time on Site
471 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
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

Virtual Tour

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Property Details for 1319 N Avenue 50

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Level, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5476017015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of York. North on Avenue 50 to the corner of Meridian and Avenue 50.
Neighborhood Information
  • Community Features: Suburban
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Sale History for 1319 N Avenue 50

Last sold for $1,290,000 on April 12th, 2023
  • April, 2023

  • Apr 12, 2023

    Date

    Sold

    CRMLS: WS23031393

    $1,290,000

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: WS23031393

    $1,185,000

    Price

  • June, 2013

  • Jun 4, 2013

    Date

    Sold (Public Records)

    Public Records

    $470,000

    Price

  • July, 2012

  • Jul 30, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1319 N Avenue 50

Assessed Value (2020): $529,204
Year Land Value Improved Value Assessed Value
2020 $371,571 $157,633 $529,204

Home Value Compared to the Market

This property vs the competition

1319 N Avenue 50 sold on April 12, 2023 for 4.87% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $670.63 per/sqft which puts the price per square foot 11.06% lower than the current median sale per square foot for the city of Los Angeles.

About 1319 N Avenue 50

Detailed summary of property

1319 N Avenue 50 is a triplex that recently sold in Los Angeles, CA 90042. This triplex offered 3 bedrooms, 3 bathrooms, roughly 1,767 living square feet, and sits on an approximately 5,212 square foot lot. 1319 N Avenue 50 was first listed on ArdentRealEstateGroup.com on February 27, 2023. The homeowner sold the property for $1,290,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 4.87% higher than the current median priced home. Local homes that are currently for sale include 3256 Future St, 3055 Future St and 401 W Avenue 37. While the average home in Los Angeles, CA is selling in 94 days, 1319 N Avenue 50 has a days on market of 4 days. There are currently 3859 homes for sale in the Los Angeles real estate market and 2609 of them are single family homes while 1145 of them are condos and 99 are townhomes. For more information on this home for sale at 1319 N Avenue 50 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1319 N Avenue 50

Public county record property details
Beds
3
Baths
3
Year built
1951
Sq. Ft.
1,716
Lot Size
5,211
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5476-017-015

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$777
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$763
Total Inventory
80
Median Sale to List Price %
115.91%
Avg Days on Market
20
Loan Type
Conventional (31.25%), FHA (0%), VA (0%), Cash (18.75%), Other (9.38%)

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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.