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524 W 50th St, Los Angeles, CA 90037
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524 W 50th St Los Angeles, CA 90037

$645,000 Sold Price as of 04/26/2019
  • 5 Beds
  • 2 Baths
  • 1,775 Sq.Ft.
Sold
$645,000 Sold Price as of 04/26/2019 Refinance Your Mortgage
Map preview of 524 W 50th St, Los Angeles, CA 90037

Property Overview: 524 W 50th St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,775 living square feet and 6,111 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: imagine owning your own property, limited down payment assistance funds available, live in one unit front unit ready for owner occupancy it has been upgraded, front unit is 3 bedrooms 1 bath, refinished kitchen cabinets, quartz counter tops. Both units have open floor space. flooring is Tile, laminate, and water proofing. If you are a buy and hold investor looking for passive income rent both units. Property is well taken care and has upside. Rear unit is 2 bedrooms 1 bath that was built 2007. Long driveway, 1 two car garage and 3 open parking spaces. Each unit has central heating and A/C, separate water, electric and gas meters. Property is practically maintenance free. Close to all the buzz: coming Rams/Chargers NFL stadium, USC Village, transit lines, freeways, Exposition Park, DTLA, Banc of California Stadium and more. Property is located in the Vermont Square neighborhood, home to Vermont Square Park – as well as Julian C. Dixon Park, named after the late politician. Vermont Square Library is one of LA’s remaining Carnegie libraries. Schedule private tour.

Listed by Bayron Bliss | BRE #01210930 | Bayron Bliss, Broker
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
6,111
HOA Dues
$0/mo
Year built
1941
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
RS18258059
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,975
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $19,800
  • Net Operating Income: $11,638
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,162
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,562
  • Trash: $0
  • Insurance: $600
  • Water/Sewer: $0

Property Details for 524 W 50th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5018021007
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Figueroa and 50th St
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 524 W 50th St

Last sold for $645,000 on April 26th, 2019

  • April, 2019

  • Apr 29, 2019

    Date

    Sold

    CRMLS: RS18258059

    $645,000

    Price

  • Apr 21, 2019

    Date

    Pending

    CRMLS: RS18258059

    $648,000

    Price

  • Apr 3, 2019

    Date

    Active Under Contract

    CRMLS: RS18258059

    $648,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: RS18258059

    $648,000

    Price

  • Mar 13, 2019

    Date

    Price Change

    CRMLS: RS18258059

    $648,000

    Price

  • Feb 14, 2019

    Date

    Hold

    CRMLS: RS18258059

    $605,000

    Price

  • Feb 2, 2019

    Date

    Active

    CRMLS: RS18258059

    $605,000

    Price

  • Feb 2, 2019

    Date

    Price Change

    CRMLS: RS18258059

    $605,000

    Price

  • Jan 21, 2019

    Date

    Hold

    CRMLS: RS18258059

    $589,000

    Price

  • Jan 21, 2019

    Date

    Active

    CRMLS: RS18258059

    $589,000

    Price

  • Dec 21, 2018

    Date

    Hold

    CRMLS: RS18258059

    $589,000

    Price

  • Dec 21, 2018

    Date

    Active

    CRMLS: RS18258059

    $589,000

    Price

  • Nov 21, 2018

    Date

    Hold

    CRMLS: RS18258059

    $589,000

    Price

  • Oct 24, 2018

    Date

    Active

    CRMLS: RS18258059

    $589,000

    Price

  • April, 2019

  • Apr 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $645,000

    Price

  • December, 2016

  • Dec 28, 2016

    Date

    Sold (Public Records)

    Public Records

    $14,500

    Price

Show More

Tax History for 524 W 50th St

Assessed Value (2020): $657,900
Year Land Value Improved Value Assessed Value
2020 $510,000 $147,900 $657,900

Home Value Compared to the Market

This property vs the competition

524 W 50th St sold on April 26, 2019 for 42.65% 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 $365.07 per/sqft which puts the price per square foot 51.58% lower than the current median sale per square foot for the city of Los Angeles.

About 524 W 50th St

Detailed summary of property

524 W 50th St is a duplex that recently sold in Los Angeles, CA 90037. This duplex offered 5 bedrooms, 2 bathrooms, roughly 1,775 living square feet, and sits on an approximately 6,111 square foot lot. 524 W 50th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $645,000. 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 42.65% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 1507 W 51St St and 507 E 59th Pl. While the average home in Los Angeles, CA is selling in 99 days, 524 W 50th St has a days on market of 47 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 524 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 524 W 50th St

Public county record property details
Beds
5
Baths
2
Year built
1941
Sq. Ft.
1,775
Lot Size
6,110
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5018-021-007

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.
$483
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$472
Total Inventory
30
Median Sale to List Price %
103.45%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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Recently Sold Homes Near 524 W 50th St

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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.

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