1556 W 51St St, Los Angeles, CA 90062
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1556 W 51St St Los Angeles, CA 90062

$570,000 Sold Price as of 11/28/2019
  • 5 Beds
  • 2 Baths
  • 1,715 Sq.Ft.
Sold
$570,000 Sold Price as of 11/28/2019 Refinance Your Mortgage

Map preview of 1556 W 51St St, Los Angeles, CA 90062

Property Overview: 1556 W 51St St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,715 living square feet and 5,229 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: WOW! Come see this craftsman style TWO ON A LOT Duplex located in a quiet Los Angeles pocket! You will NOT want to miss out on the chance to collect rental income from one unit and live in the other or simply rent both and watch the checks roll in every month! The front house is a gorgeous craftsman style 3 BR/1 BA and the detached back house is a traditional style 2 BR/ 1 BA. The back house has been updated with new laminate flooring and carpet, a new kitchen w/ quartz tops, a renovated bathroom, and two spacious bedrooms! Other features include washer and dryer hookups in the main house, new water heater, a detached garage, and a large private yard! Come by and place your offers because this one is sure to sell FAST!

Listed by Yazmin Montana | BRE #01777704 | Maxim Properties
Last checked: 12 minutes ago | Last updated: April 17th, 2022 | Source CRMLS | DOM: 116

Home details

Lot Sq. Ft
5,229
HOA Dues
$0/mo
Year built
1913
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
19480046
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $89,097
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1556 W 51St St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • All Bedrooms Down
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Other
Lot Information
  • Lot Features: Lawn, Yard, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5003003023
  • Architectural Style: Craftsman
  • Foundation Details: Raised
Location / Neighborhood
Location Information
  • Subdivision Name: Not in a Development (Not in a Development)
  • Other Subdivision Name: Not in a Development (Not in a Developme
  • Directions: Located on 51st St, between Normandie and Western
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 1556 W 51St St

Last leased for $2,250 on April 17th, 2022
  • April, 2022

  • Apr 17, 2022

    Date

    Leased

    CRMLS: 22133195

    $2,250

    Price

  • Mar 3, 2022

    Date

    Active

    CRMLS: 22133195

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    An amazing place to live in Los Angeles awaits your presence. This Cozy 2 bedroom 1 bathroom back house is situated on beautiful palm tree lined street in a great neighborhood. This unit comes with all appliances, new laminate floors, new paint and carpet. Enjoy the outdoor space on weekends very quiet and private location. Close to shopping centers and freeways. This is a must see! Call today this won't last.

  • November, 2019

  • Nov 29, 2019

    Date

    Sold

    CRMLS: 19480046

    $570,000

    Price

  • Oct 15, 2019

    Date

    Pending

    CRMLS: 19480046

    $579,900

    Price

  • Sep 28, 2019

    Date

    Price Change

    CRMLS: 19480046

    $579,900

    Price

  • Jun 21, 2019

    Date

    Active

    CRMLS: 19480046

    $599,900

    Price

  • November, 2019

  • Nov 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

  • November, 2018

  • Nov 16, 2018

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

  • May, 2018

  • May 1, 2018

    Date

    Canceled

    CRMLS: PW18060896

    $445,000

    Price

  • Apr 20, 2018

    Date

    Withdrawn

    CRMLS: PW18060896

    $445,000

    Price

  • Apr 3, 2018

    Date

    Price Change

    CRMLS: PW18060896

    $445,000

    Price

  • Mar 16, 2018

    Date

    Active

    CRMLS: PW18060896

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Southwest Los Angeles Duplex; Front unit 3 Bedroom 1 Bath, rear unit 1 bedroom 1 bath; Detached garage. Live in one, rent the other. Property in good condition. Sold as is. Excellent opportunity for investor. Quiet neighborhood. Easy freeway access. "Do Not Disturb Tenants"

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Tax History for 1556 W 51St St

Assessed Value (2020): $570,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $170,000 $570,000

Home Value Compared to the Market

This property vs the competition

1556 W 51St St sold on November 28, 2019 for 48.68% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $338.13 per/sqft which puts the price per square foot 55.15% lower than the current median sale per square foot for the city of Los Angeles.

About 1556 W 51St St

Detailed summary of property

1556 W 51St St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,715 living square feet, and sits on an approximately 5,229 square foot lot. 1556 W 51St St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $570,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 48.68% lower than the current median priced home. Local homes that are currently for sale include 940 W 76th St, 110 W 48th St and 172 E 43rd ST. While the average home in Los Angeles, CA is selling in 99 days, 1556 W 51St St has a days on market of 116 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1556 W 51St 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 1556 W 51St St

Public county record property details
Beds
4
Baths
2
Year built
1913
Sq. Ft.
1,715
Lot Size
5,229
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
5003-003-023

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.
$573
Median Sold Price
$785,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
39
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.