219 W 51St St, Los Angeles, CA 90037
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219 W 51St St Los Angeles, CA 90037

$549,995
  • 3 Beds
  • 2.5 Baths
  • 1,706 Sq.Ft.
For Sale
$549,995 Get Pre-Qualified

Map preview of 219 W 51St St, Los Angeles, CA 90037

Property Overview: 219 W 51St St Los Angeles, CA has 3 bedrooms, 2.5 bathrooms, 1,706 living square feet and 5,465 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.

Agent Remarks: This side-by-side duplex, zoned LAR2, is a great opportunity for a developer or investor. The gated property features a 2-bed 1 ½-bath unit with in-unit laundry, a 1-bed 1-bath unit, and a detached structure in the rear of the property that has ADU potential. Each unit has a large living room, kitchen, and is separately metered for gas and electricity. Located just minutes to USC, Crypto Arena, LA Live, Downtown Los Angeles, South Park Recreation Center, the 110 and 10 freeways. Both tenants are month-to-month, subject to LA City rent control, and current on rent. If you are looking for a development opportunity or rental income in the heart of Los Angeles, this might be the right opportunity for you.

Listed by Daniel Madariaga | BRE #01810477 | Contempo Realtors
Last checked: 5 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
5,465
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Duplex
Status
Active
MLS#
BB24067632
City
Los Angeles
County
Los Angeles
Time on Site
27 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $730
  • Total Rent: $730
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $25,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 219 W 51St St

Interior Features
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5110023024
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Broadway and main St.
Neighborhood Information
  • Community Features: Sidewalks
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Sale History for 219 W 51St St

Last sold for $152,000 on June 28th, 2010
  • April, 2024

  • Apr 5, 2024

    Date

    Active

    CRMLS: BB24067632

    $549,995

    Price

  • June, 2010

  • Jun 28, 2010

    Date

    Sold (Public Records)

    Public Records

    $152,000

    Price

  • September, 2009

  • Sep 18, 2009

    Date

    Sold (Public Records)

    Public Records

    $230,098

    Price

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Tax History for 219 W 51St St

Assessed Value (2020): $404,895
Year Land Value Improved Value Assessed Value
2020 $258,046 $146,849 $404,895

Home Value Compared to the Market

This property vs the competition

219 W 51St St is listed 55.1% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $322.39 per/sqft which puts the price per square foot 58.35% lower than the median price per square foot for the city of Los Angeles.

About 219 W 51St St

Detailed summary of property

219 W 51St St is a duplex located in Los Angeles, CA 90037 and is currently for sale. This duplex offers 3 bedrooms, 2.5 bathrooms, roughly 1,706 living square feet, and sits on an approximately 5,465 square foot lot. 219 W 51St St was first listed on ArdentRealEstateGroup.com on April 5, 2024. The homeowner is currently asking $549,995. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 55.1% lower than the median priced home. Local competing homes currently for sale include 907 E 50th St, 1201 W 54th St and 1201 W 54th St. While the average home in Los Angeles, CA is selling in 96 days, 219 W 51St St has a days on market of 17 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 219 W 51St St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 219 W 51St St

Public county record property details
Beds
2
Baths
2
Year built
1912
Sq. Ft.
1,706
Lot Size
5,463
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
5110-023-024

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
33
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), 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.