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237 W 50Th St Los Angeles, CA 90037

$605,000 Sold Price as of 01/22/2020

4 Beds
3 Baths
-- Sq.Ft.

Sold

$605,000 Sold Price as of 01/22/2020 Refinance Your Mortgage

Map preview of 237 W 50Th St, Los Angeles, CA 90037

Property Overview: 237 W 50Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, -- living square feet and 5,442 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Market rents - make this a great investment - potential for a 7 cap. All units have been recently updated, move-in condition and will be delivered vacant at close of escrow. The exterior was recently painted, newer windows throughout, low maintenance front yard and large grassy yard in back. Two separate structures . The front building is two units with newer flooring, updated kitchens and bathrooms, craftsman built ins throughout, both have laundry hook-ups inside. The back building is a detached craftsman bungalow with newer flooring, updated kitchen and bathroom, craftsman built ins, and laundry hook-ups. There is a large grassy back yard with plenty of space to add on. . Near Expo line, LAFC, USC, Museums, transportation and more. Easy to schedule showings, serious buyers only.

Listed by Cristina Warfield | BRE #01823970 | Compass

Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 89

Home details

Lot Sq. Ft: 5,442
HOA Dues: $0/mo
Year built: 1908
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19463178
City: Los Angeles
County: Los Angeles
Time on Site: 1213 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,500

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,500

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --
Trash: $50
Insurance: $100
Water/Sewer: $75

Property Details for 237 W 50Th St

Interior Features

Cooling Information

No Cooling
None

Kitchen Information

Has Appliances
Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Street

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 3
Parcel Number: 5110020035

Location / Neighborhood

Location Information

Directions: West of Main, 50th Street at Broadway

View more facts & features

Local Los Angeles Agent

Sale History for 237 W 50Th St

Last sold for $605,000 on January 22nd, 2020

January, 2020
Jan 24, 2020

Date

Sold

CRMLS: 19463178

$605,000

Price
Aug 4, 2019

Date

Active Under Contract

CRMLS: 19463178

$585,000

Price
Jul 15, 2019

Date

Price Change

CRMLS: 19463178

$585,000

Price
Jun 3, 2019

Date

Price Change

CRMLS: 19463178

$700,000

Price
May 8, 2019

Date

Active

CRMLS: 19463178

$635,000

Price
January, 2020
Jan 22, 2020

Date

Sold (Public Records)

Public Records

$605,000

Price
December, 2018
Dec 5, 2018

Date

Canceled

CRMLS: 17200540

$479,000

Price
Mar 9, 2018

Date

Pending

CRMLS: 17200540

$479,000

Price
Jan 31, 2018

Date

Price Change

CRMLS: 17200540

$479,000

Price
Apr 27, 2017

Date

Pending

CRMLS: 17200540

$469,000

Price
Mar 21, 2017

Date

Price Change

CRMLS: 17200540

$469,000

Price
Feb 27, 2017

Date

Active

CRMLS: 17200540

$489,000

Price
Feb 17, 2017

Date

Hold

CRMLS: 17200540

$489,000

Price
Feb 9, 2017

Date

Active

CRMLS: 17200540

$489,000

Price
Listing provided courtesy of CRMLS

This nice little two on a lot property has some great advantages for a buyer of a multi-family property in Los Angeles. First, the property is clear of all city violations. Second, the two front units are being vacated. Third, the rear unit will be delivered vacant. The street is quite with plenty of parking. Excellent investment for first timer or investor because... you can set your own rents to over $3000/mo...

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November, 2016
Nov 28, 2016

Date

Sold (Public Records)

Public Records

$280,000

Price

Tax History for 237 W 50Th St

Assessed Value (2020): $456,579

Year	Land Value	Improved Value	Assessed Value
2020	$318,362	$138,217	$456,579

Home Value Compared to the Market

This property vs the competition

237 W 50Th St sold on January 22, 2020 for 50.84% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 237 W 50Th St

Detailed summary of property

237 W 50Th St is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately 5,442 square foot lot. 237 W 50Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $605,000. 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 50.84% lower than the current median priced home. Local homes that are currently for sale include 424 E 61st Street, 907 E 50th St and 820-822 W 61st St. While the average home in Los Angeles, CA is selling in 93 days, 237 W 50Th St has a days on market of 89 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 237 W 50Th 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 237 W 50Th St

Public county record property details

Beds: 4
Baths: 3
Year built: 1908
Sq. Ft.: 2,019
Lot Size: 5,441
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 34
APN: 5110-020-035

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

$749,000

Median List Price/Sq.Ft.

$560

Median Sold Price

$667,000

Median Sold Price/Sq.Ft.

$444

Total Inventory

Median Sale to List Price %

106.72%

Avg Days on Market

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.