1379 E 51st St, Los Angeles, CA 90011
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1379 E 51st St Los Angeles, CA 90011

$945,000 Sold Price as of 12/16/2020
  • 10 Beds
  • 6 Baths
  • 3,500 Sq.Ft.
Sold
$945,000 Sold Price as of 12/16/2020 Refinance Your Mortgage

Map preview of 1379 E 51st St, Los Angeles, CA 90011

Property Overview: 1379 E 51st St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,500 living square feet and 4,762 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: No rent control!!! Cash Cow!!!! NEWLY BUILT IN 2019. GREAT INCOME PRODUCING! PRIME INVESTMENT OPPORTUNITY DUPLEX IN SOUTH LOS ANGELES. BOTH UNITS ARE TENANT OCCUPIED WITH STRONG RENTS AND GREAT TENANTS. Total gross income $6400. THERE ARE 2 CAR GARAGE and plenty of parking spaces.Tenants pay ALL utilities including water and trash. Don't miss out.

Listed by Phyllis Cheng | BRE #01526442 | Titan One Real Estate
Last checked: 5 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
4,762
HOA Dues
$0/mo
Year built
2019
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
AR20226496
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,800
  • Net Operating Income: $76,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $600
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,580
  • Trash: $0
  • Insurance: $850
  • Water/Sewer: $0

Property Details for 1379 E 51st St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Tankless Water Heater
Interior Features
  • Levels: Two
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
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5107032024
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Hooper St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1379 E 51st St

Last sold for $945,000 on December 16th, 2020
  • December, 2020

  • Dec 17, 2020

    Date

    Sold

    CRMLS: AR20226496

    $945,000

    Price

  • Nov 16, 2020

    Date

    Pending

    CRMLS: AR20226496

    $959,000

    Price

  • Nov 6, 2020

    Date

    Active Under Contract

    CRMLS: AR20226496

    $959,000

    Price

  • Nov 5, 2020

    Date

    Active

    CRMLS: AR20226496

    $959,000

    Price

  • December, 2020

  • Dec 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $945,000

    Price

  • March, 2020

  • Mar 31, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2018

  • Jan 28, 2018

    Date

    Sold

    CRMLS: DW17266940

    $345,000

    Price

  • Jan 4, 2018

    Date

    Pending

    CRMLS: DW17266940

    $375,800

    Price

  • Dec 6, 2017

    Date

    Active

    CRMLS: DW17266940

    $375,800

    Price

  • Listing provided courtesy of CRMLS

    This charming house has a 2 bedrooms with 1 and 3/4 baths with detached garage for 2 cars. There are 2 more extras rooms it can be use as a bedrooms, entertainment, office, etc. you must see the huge patio in the back of the house. Even more this property has a basement that you can used for any kind of use. All this house build in a Lot size 4,762 sq. ft. approx. House has water's filter system installed already.

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Tax History for 1379 E 51st St

Assessed Value (2020): $882,300
Year Land Value Improved Value Assessed Value
2020 $387,600 $494,700 $882,300

Home Value Compared to the Market

This property vs the competition

1379 E 51st St sold on December 16, 2020 for 24.73% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $274 per/sqft which puts the price per square foot 65.36% lower than the current median sale per square foot for the city of Los Angeles.

About 1379 E 51st St

Detailed summary of property

1379 E 51st St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 10 bedrooms, 6 bathrooms, roughly 3,500 living square feet, and sits on an approximately 4,762 square foot lot. 1379 E 51st St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $945,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.73% lower than the current median priced home. Local homes that are currently for sale include 2928 Compton Ave, 483 E 49th St and 488 E 47Th St. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1379 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 1379 E 51st St

Public county record property details
Beds
10
Baths
6
Year built
2019
Sq. Ft.
3,698
Lot Size
4,762
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
5107-032-024

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
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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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.