1507 W 51St Pl, Los Angeles, CA 90062
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1507 W 51St Pl Los Angeles, CA 90062

$599,000
  • 3 Beds
  • 1 Baths
  • -- Sq.Ft.
For Sale
$599,000 Get Pre-Qualified

Map preview of 1507 W 51St Pl, Los Angeles, CA 90062

Property Overview: 1507 W 51St Pl Los Angeles, CA has 3 bedrooms, 1 bathrooms, -- living square feet and 5,461 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Listed by Emily Monsod | BRE #01185177 | Chris Gagan Realty
Co-listed by Christopher Gagan | BRE #01404305 | Chris Gagan Realty
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1063
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,461
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
20540288
City
Los Angeles
County
Los Angeles
Time on Site
1260 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $2,000
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1507 W 51St Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Fireplace(s)
Kitchen Information
  • Has Appliances
  • Dishwasher
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5003002027
Location / Neighborhood
Location Information
  • Directions: West of Normandie North of Slauson
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Sale History for 1507 W 51St Pl

View property's historical transactions
  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: 20559982

    $599,000

    Price

  • Jun 29, 2020

    Date

    Hold

    CRMLS: 20559982

    $599,000

    Price

  • Jun 4, 2020

    Date

    Active

    CRMLS: 20559982

    $599,000

    Price

  • Mar 30, 2020

    Date

    Pending

    CRMLS: 20559982

    $599,000

    Price

  • Mar 6, 2020

    Date

    Active Under Contract

    CRMLS: 20559982

    $599,000

    Price

  • Mar 2, 2020

    Date

    Active

    CRMLS: 20559982

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful nice income property to develop more larger new units for more income in a prime location or live in one rent the other for income supplement. Rear unit does not have permits. It was existing when Seller purchased the property. Perfect for Owner user, can be used as an office, mancave or for extended family. Buyer is advised to do their own investigation of size, sq.ftage, permits, etc.

  • January, 2020

  • Jan 24, 2020

    Date

    Price Change

    CRMLS: 20540288

    $599,000

    Price

  • Jan 4, 2020

    Date

    Active

    CRMLS: 20540288

    $749,000

    Price

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Tax History for 1507 W 51St Pl

Assessed Value (2020): $166,582
Year Land Value Improved Value Assessed Value
2020 $133,825 $32,757 $166,582

Home Value Compared to the Market

This property vs the competition

1507 W 51St Pl is listed 52.04% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000.

About 1507 W 51St Pl

Detailed summary of property

1507 W 51St Pl is a multi family located in Los Angeles, CA 90062 and is currently for sale. This multi family property offers 3 bedrooms, 1 bathrooms, roughly -- living square feet, and sits on an approximately 5,461 square foot lot. 1507 W 51St Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner is currently asking $599,000 and was originally asking $749,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 52.04% lower than the median priced home. Local competing homes currently for sale include 820-822 W 61st St, 1351 W 39th St and 1513 W Florence Ave. While the average home in Los Angeles, CA is selling in 98 days, 1507 W 51St Pl has a days on market of 1063 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1507 W 51St Pl 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 51St Pl

Public county record property details
Beds
2
Baths
1
Year built
1915
Sq. Ft.
1,092
Lot Size
5,460
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
5003-002-027

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
$875,000
Median List Price/Sq.Ft.
$575
Median Sold Price
$785,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
37
Median Sale to List Price %
101.29%
Avg Days on Market
42
Loan Type
Conventional (50%), FHA (16.67%), VA (0%), Cash (16.67%), Other (16.67%)

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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.