625 E 50Th St Los Angeles, CA 90011

$590,000 Sold Price as of 08/11/2015

6 Beds
7 Baths
4,242 Sq.Ft.

Off Market

$590,000 Sold Price as of 08/11/2015 Refinance Your Mortgage

Map preview of 625 E 50Th St, Los Angeles, CA 90011

Property Overview: 625 E 50Th St Los Angeles, CA has 6 bedrooms, 7 bathrooms, 4,242 living square feet and 6,609 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

625 E 50Th 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 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 $59,500. 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 625 E 50Th St

Last sold for $590,000 on August 11th, 2015

August, 2015
Aug 11, 2015

Date

Sold (Public Records)

Public Records

$590,000

Price
January, 2015
Jan 2, 2015

Date

Sold (Public Records)

Public Records

$450,000

Price
December, 2014
Dec 12, 2014

Date

Price Change

CRMLS: 14815985

$450,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer for sale this seven unit multifamily investment opportunity located in the City of Los Angeles (subject torent control). The subject property was constructed in 1925 of wood frame/stucco on a raised foundation and is situated on a 6,621 squarefoot lot, which is secured with a chain link gate. The unit mix consists of one (1) Single and six (6) 1+1. Property upgrades include updatedaluminum windows. There are individual water heaters and each building is separately metered for gas and electricity. The subject property islocated South of Vernon Avenue, North of Slauson Avenue, East of Avalon Boulevard and West of McKinley Avenue. It is in close proximity toSouth Park, 49th Street Elementary, Maya Angelou Community High School.

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December, 2014
Dec 12, 2014

Date

Price Change

CRMLS: 14786775

$450,000

Price
Sep 29, 2014

Date

Price Change

CRMLS: 14786775

$500,000

Price
Aug 19, 2014

Date

Price Change

CRMLS: 14786775

$550,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer for sale this seven unit multifamily investment opportunity located in the City of Los Angeles (subject to rent control). The subject property was constructed in 1925 of wood frame/stucco on a raised foundation and is situated on a 6,621 square foot lot, which is secured with a chain link gate. The unit mix consists of one (1) Single and six (6) 1+1. Property upgrades include updated aluminum windows. There are individual water heaters and each building is separately metered for gas and electricity. The subject property is located South of Vernon Avenue, North of Slauson Avenue, East of Avalon Boulevard and West of McKinley Avenue. It is in close proximity to South Park, 49th Street Elementary, Maya Angelou Community High School.

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Tax History for 625 E 50Th St

Assessed Value (2020): $638,634

Year	Land Value	Improved Value	Assessed Value
2020	$324,729	$313,905	$638,634

About 625 E 50Th St

Detailed summary of property

625 E 50Th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90011 and last sold on August 11, 2015 for $590,000. This property has 6 bedrooms, 7 bathrooms, roughly 4,242 living square feet, and sits on an approximately 6,609 square foot lot. Homes 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 50.42% lower than the current median priced home. 625 E 50Th St was last sold on August 11, 2015 for $590,000. Local nearby listings include 436 W 52nd St, 835 E 33rd St and 854 E 32nd St. The average home in Los Angeles, CA is selling in 92 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 625 E 50Th 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 625 E 50Th St

Public county record property details

Beds: 6
Baths: 7
Year built: 1925
Sq. Ft.: 4,242
Lot Size: 6,609
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 44
APN: 5108-011-028

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

$659,000

Median List Price/Sq.Ft.

$460

Median Sold Price

$550,000

Median Sold Price/Sq.Ft.

$405

Total Inventory

Median Sale to List Price %

104.76%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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(714) 706-1823

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