1579 E 51St St Los Angeles, CA 90011

$620,000 Sold Price as of 08/03/2017

8 Beds
6 Baths
3,312 Sq.Ft.

Off Market

$620,000 Sold Price as of 08/03/2017 Refinance Your Mortgage

Map preview of 1579 E 51St St, Los Angeles, CA 90011

Property Overview: 1579 E 51St St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,312 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1579 E 51St St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1579 E 51St St

Last sold for $620,000 on August 3rd, 2017

August, 2017
Aug 4, 2017

Date

Sold

CRMLS: PW17120586

$620,000

Price
Jun 13, 2017

Date

Pending

CRMLS: PW17120586

$635,000

Price
May 31, 2017

Date

Active

CRMLS: PW17120586

$635,000

Price
Listing provided courtesy of CRMLS

Location, Location, Location!!! less then 5 miles from Downtown Los Angeles. Each unit has 4 bedrooms 3 bath and are identical to each other. This units are in great condition

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August, 2017
Aug 3, 2017

Date

Sold (Public Records)

Public Records

$620,000

Price
August, 2012
Aug 22, 2012

Date

Sold (Public Records)

Public Records

$460,000

Price
August, 2011
Aug 4, 2011

Date

Sold

CRMLS: 12151173

$121,250

Price
Apr 25, 2011

Date

Active

CRMLS: 12151173

$125,000

Price
Listing provided courtesy of CRMLS

This is a wonderful development opportunity. This property is being sold for land value, however there is a 2 bedroom, 1 bath structure on the property. The adjacent property (1581 E 51st Street)is also available. Together these two parcels total over 10,000 sq. ft. of land.

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August, 2011
Aug 4, 2011

Date

Sold

CRMLS: 12150196

$121,250

Price
Apr 25, 2011

Date

Active

CRMLS: 12150196

$125,000

Price
Listing provided courtesy of CRMLS

This is a wonderful development opportunity. This property is being sold for land value, however there is a 2 bedroom, 1 bath structure on the property. The adjacent property (1581 E. 51st Street)is also available. Together these two parcels are over 10,000 sq. ft. of land

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Tax History for 1579 E 51St St

Assessed Value (2020): $645,048

Year	Land Value	Improved Value	Assessed Value
2020	$332,928	$312,120	$645,048

About 1579 E 51St St

Detailed summary of property

1579 E 51St St is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90011 and last sold on August 3, 2017 for $620,000. This property has 8 bedrooms, 6 bathrooms, roughly 3,312 living square feet, and sits on an approximately 5,000 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 44.64% lower than the current median priced home. 1579 E 51St St was last sold on August 3, 2017 for $620,000. Local nearby listings include 1748 E 66th St, 1827 E 66th St and 1610 E 24th St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1579 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 1579 E 51St St

Public county record property details

Beds: 8
Baths: 6
Year built: 2012
Sq. Ft.: 3,312
Lot Size: 5,000
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 79
APN: 5106-023-038

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

$625,000

Median List Price/Sq.Ft.

$531

Median Sold Price

$590,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

102.61%

Avg Days on Market

Loan Type

Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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