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1434 E 51St St, Los Angeles, CA 90011
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1434 E 51St St Los Angeles, CA 90011

$799,000 Sold Price as of 05/29/2019
  • 8 Beds
  • 5 Baths
  • 3,436 Sq.Ft.
Sold
$799,000 Sold Price as of 05/29/2019 Refinance Your Mortgage
Map preview of 1434 E 51St St, Los Angeles, CA 90011

Property Overview: 1434 E 51St St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,436 living square feet and 5,403 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Income Property! Looks newer and cleaner than most of the buildings in the area. Built in 1962. It has Three 2 Bedroom/1 Bath and Two 1 Bedroom /1 Bath apartments. One of the one bedrooms is vacant. Its gated with 5 parking spaces.Very easy to manage property. The owner is a Licensed Plumber and has changed cold and hot water pipes. Rents are not raised for 18 months.Price is firm. Please check private remarks.

Listed by Cyrus Raoufpur | BRE #01256971 | Cyrus Raoufpur
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 146

Home details

Lot Sq. Ft
5,403
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18412942
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $953
  • Total Rent: $953
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $747
  • Total Rent: $747
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.1
  • Gross Scheduled Income: --
  • Net Operating Income: $1
  • Gross Operating Income: $1
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1434 E 51St St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Auto Driveway Gate
Property Information
  • Total # of Units: 5
  • Parcel Number: 5104007009
Location / Neighborhood
Location Information
  • Directions: South of Vernon Ave, East of Central
View more facts & features

Local Los Angeles Agent

Sale History for 1434 E 51St St

Last sold on June 26th, 2019

  • July, 2019

  • Jul 8, 2019

    Date

    Sold

    CRMLS: 18412942

    $799,000

    Price

  • May 2, 2019

    Date

    Pending

    CRMLS: 18412942

    $798,900

    Price

  • Mar 1, 2019

    Date

    Price Change

    CRMLS: 18412942

    $798,900

    Price

  • Dec 4, 2018

    Date

    Active

    CRMLS: 18412942

    $799,000

    Price

  • June, 2019

  • Jun 26, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2019

  • May 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $799,000

    Price

Show More

Tax History for 1434 E 51St St

Assessed Value (2020): $814,980
Year Land Value Improved Value Assessed Value
2020 $377,400 $437,580 $814,980

Home Value Compared to the Market

This property vs the competition

1434 E 51St St sold on May 29, 2019 for 37.29% 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 $232.51 per/sqft which puts the price per square foot 70.61% lower than the current median sale per square foot for the city of Los Angeles.

About 1434 E 51St St

Detailed summary of property

1434 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 3,436 living square feet, and sits on an approximately 5,403 square foot lot. 1434 E 51St St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $799,000. 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 37.29% lower than the current median priced home. Local homes that are currently for sale include 876 E 41st Pl, 483 E 49th St and 488 E 47Th St. While the average home in Los Angeles, CA is selling in 100 days, 1434 E 51St St has a days on market of 146 days. 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 1434 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 1434 E 51St St

Public county record property details
Beds
8
Baths
5
Year built
1962
Sq. Ft.
3,436
Lot Size
5,402
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5104-007-009

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%)

Thinking of Selling?

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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.

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