135 E 51st St, Los Angeles, CA 90011
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135 E 51st St Los Angeles, CA 90011

$620,000 Sold Price as of 08/02/2019
  • 8 Beds
  • 5 Baths
  • 2,791 Sq.Ft.
Sold
$620,000 Sold Price as of 08/02/2019 Refinance Your Mortgage

Map preview of 135 E 51st St, Los Angeles, CA 90011

Property Overview: 135 E 51st St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 2,791 living square feet and 6,929 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: !!!!!!Excellent Fantastic Opportunity to Own these 4 units Separate Building Investment Bread & Butter in the Heart of Los Angeles Can be perfect for FHA owner occupant or Simply to add to your Portfolio with a combined of 2791 of Living Space sqft , and on a large 6928+ sqft lot. Each Tenant Pays for their Electrical and gas ,Separate Gas and Electrical Meters for all 4 units also there's is a Storage Room Underneath the 4th unit Approx Sized 13 x 13 of Storage + 2 Parking Spaces and Street parking is also available. Few minutes to South Park Recreation Center. Conveniently located near freeways, schools, and churches. Near Downtown Los Angeles and many nearby public transportation options. Tenants are not aware of sale. Please do not disturb tenants. Offers subject to interior inspection. H.U.R.R.Y W.O..N.T L.A.S.T

Listed by Memo Gamboa | BRE #01223544 | Century 21 Allstars
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,929
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW18281132
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,651
  • Total Rent: $1,651
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $787
  • Total Rent: $767
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,056
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 135 E 51st St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5109004040
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Main st and North of Slauson Bl
Neighborhood Information
  • Community Features: Urban
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Sale History for 135 E 51st St

Last sold for $620,000 on August 2nd, 2019
  • August, 2019

  • Aug 4, 2019

    Date

    Sold

    CRMLS: DW18281132

    $620,000

    Price

  • Dec 18, 2018

    Date

    Pending

    CRMLS: DW18281132

    $629,900

    Price

  • Nov 29, 2018

    Date

    Active

    CRMLS: DW18281132

    $629,900

    Price

  • August, 2019

  • Aug 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $620,000

    Price

  • September, 2018

  • Sep 13, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 135 E 51st St

Assessed Value (2020): $620,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $220,000 $620,000

Home Value Compared to the Market

This property vs the competition

135 E 51st St sold on August 2, 2019 for 47.07% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $225.69 per/sqft which puts the price per square foot 70.11% lower than the current median sale per square foot for the city of Los Angeles.

About 135 E 51st St

Detailed summary of property

135 E 51st St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 2,791 living square feet, and sits on an approximately 6,929 square foot lot. 135 E 51st St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $620,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.07% lower than the current median priced home. Local homes that are currently for sale include 876 E 41st Pl, 440 W Gage Ave and 444 W Gage Ave. While the average home in Los Angeles, CA is selling in 94 days, 135 E 51st St has a days on market of 17 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 135 E 51st 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 135 E 51st St

Public county record property details
Beds
8
Baths
5
Year built
1921
Sq. Ft.
2,791
Lot Size
6,928
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5109-004-040

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
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.