1507 W 50th St, Los Angeles, CA 90062
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1507 W 50th St Los Angeles, CA 90062

$805,000 Sold Price as of 01/12/2022
  • 4 Beds
  • 2 Baths
  • 1,385 Sq.Ft.
Sold
$805,000 Sold Price as of 01/12/2022 Refinance Your Mortgage

Map preview of 1507 W 50th St, Los Angeles, CA 90062

Property Overview: 1507 W 50th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,385 living square feet and 5,767 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity! to own a Craftsman 2 units near Vermont Square - Both units fully remodeled. A with large porch, each 2 BD, 1 BA units featuring abundant windows for natural light,. Live in one and rent the other for less than renting! Both units are accessed through the gated front and have plenty of parking as well as private yard space. Separate electric and gas meters. Property has Solar Panels. 5+ parking spaces. The Westside and freeways are moments away. SOLAR PANELS INCLUDED!

Listed by Paula Pena | BRE #01141372 | SunWest Investments
Last checked: 9 minutes ago | Last updated: June 16th, 2022 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
5,767
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21208467
City
Los Angeles
County
Los Angeles
Time on Site
953 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: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1507 W 50th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
Interior Features
  • Granite Counters
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5016029018
  • Year Built Source: Public Records
  • Property is Attached
  • Offered With Property: Solar Panels. All new appliances.
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W Slauson and S Normandie
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1507 W 50th St

Last leased for $2,550 on May 23rd, 2022
  • May, 2022

  • May 23, 2022

    Date

    Leased

    CRMLS: 22149763

    $2,550

    Price

  • Apr 25, 2022

    Date

    Active

    CRMLS: 22149763

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Two 2bed/1bath units in a contemporary modern Craftsman duplex for lease in Vermont Square! Striking a balance of modernity and architectural authenticity, both spaces in this Craftsman duplex have been tastefully reimagined. Inside, each enjoys an open concept living space with newly renovated kitchens that are fully appointed with brand new stainless steel appliances, subway tile backsplash, quartz countertops and new cabinetry. Unit 1507 features a decorative fireplace, beamed ceilings and an eat in island, the perfect setting for your morning munchies! Boasting two bedrooms in each, one could easily present an opportune space to work from home. Boundless upgrades for both spaces include recessed lighting, fresh new interior and exterior paint, central HVAC and in unit laundry! Enjoy easy East/West access and close proximity to USC Village + Leimert Park/View Park hotspots such as The District and Jon + Vinny's/Helen's Wine. Just minutes away from neighborhood gems such as South LA Cafe and Cafe/5, welcome home!

  • December, 2021

  • Dec 11, 2021

    Date

    Pending

    CRMLS: DW21208467

    $855,000

    Price

  • May, 2020

  • May 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

  • August, 2019

  • Aug 19, 2019

    Date

    Sold

    CRMLS: DW19115817

    $400,000

    Price

  • Jul 25, 2019

    Date

    Pending

    CRMLS: DW19115817

    $630,000

    Price

  • May 17, 2019

    Date

    Active

    CRMLS: DW19115817

    $630,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect property for first time buyers. Property features on on title it shows duplex with 1-2br-1bth and 1-1br-1bth. but owner is using it a one house. Can easyly be converted back to 2 units. Large back yard. Seller very motivated. All offers will considered.

  • August, 2019

  • Aug 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

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Tax History for 1507 W 50th St

Assessed Value (2020): $400,000
Year Land Value Improved Value Assessed Value
2020 $300,000 $100,000 $400,000

Home Value Compared to the Market

This property vs the competition

1507 W 50th St sold on January 12, 2022 for 28.15% 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 $617.33 per/sqft which puts the price per square foot 18.23% lower than the current median sale per square foot for the city of Los Angeles.

About 1507 W 50th St

Detailed summary of property

1507 W 50th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,385 living square feet, and sits on an approximately 5,767 square foot lot. 1507 W 50th St was first listed on ArdentRealEstateGroup.com on September 22, 2021. The homeowner sold the property for $805,000. 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 28.15% lower than the current median priced home. Local homes that are currently for sale include 4700 S Gramercy Pl, 1601 W 59th Pl and 1601 W 59th Pl. While the average home in Los Angeles, CA is selling in 96 days, 1507 W 50th St has a days on market of 77 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1507 W 50th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1507 W 50th St

Public county record property details
Beds
2
Baths
1
Year built
1912
Sq. Ft.
1,320
Lot Size
5,766
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5016-029-018

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), 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.