821 N Avenue 50, Los Angeles, CA 90042
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821 N Avenue 50 Los Angeles, CA 90042

$1,326,000 Sold Price as of 04/13/2022
  • 3 Beds
  • 2 Baths
  • 1,600 Sq.Ft.
Sold
$1,326,000 Sold Price as of 04/13/2022 Refinance Your Mortgage

Map preview of 821 N Avenue 50, Los Angeles, CA 90042

Property Overview: 821 N Avenue 50 Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,600 living square feet and 7,161 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing fully remodeled home with additional rear unit, plus 2 car garage and HUGE storage room and basement! Talk about value and potential! The front house is 2BR+1BA and a spacious 1,024 SF with charming original built in bookshelves and decorative fireplace. The rear apartment is a 1BR+1BA and appx 576 SF. The property has been completely remodeled and is vacant, making this ideal for multi-generational living, someone who wants a separate office and/or studio. Updates include; copper plumbing, new electrical, engineered hardwood flooring, stone countertops, kitchen & bathroom cabinets, tankless water heaters, recessed lighting, central heat and air, stainless steel appliances, in unit stackable washer/dryers, and more. The yard is an absolute oasis with fruit trees, garden beds to grow your own, and a sizable patio deck for hosting dinner parties, play area, etc. There is a 2 car garage with attached bonus storage room ideal for a home office or gym, art or music studio, workshop, or storage. TONS of usable space. Did we mention the huge basement for even more storage!?! Come and see for yourself! The location is spectacular, as it's situated off El Paso, giving you super easy access to York Blvd, Figueroa, and Eagle Rock Blvd. Best location in Highland Park! So prime! Schedule a tour today before it's too late.

Listed by Dana Coronado | BRE #01746702 | Equity Union
Co-listed by Charlie Coronado | BRE #01723306 | Equity Union
Last checked: 13 minutes ago | Last updated: April 13th, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
7,161
HOA Dues
$0/mo
Year built
1936
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
22126229
City
Los Angeles
County
Los Angeles
Time on Site
829 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.35
  • Gross Scheduled Income: --
  • Net Operating Income: $48,588
  • Gross Operating Income: $69,840
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 821 N Avenue 50

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Bonus Room, Basement
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door, Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5477020005
  • Architectural Style: Craftsman
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: On Avenue 50 Between York and Figueroa. Easy access to 110 and 2 via El Paso!
View more facts & features

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Sale History for 821 N Avenue 50

Last sold for $1,326,000 on April 13th, 2022
  • April, 2022

  • Apr 13, 2022

    Date

    Sold

    CRMLS: 22126229

    $1,326,000

    Price

  • Feb 9, 2022

    Date

    Active

    CRMLS: 22126229

    $1,249,000

    Price

  • February, 2022

  • Feb 12, 2022

    Date

    Canceled

    CRMLS: 22124901

    $1,249,000

    Price

  • Feb 8, 2022

    Date

    Active

    CRMLS: 22124901

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2021

  • May 28, 2021

    Date

    Sold

    CRMLS: 21701088

    $750,000

    Price

  • Mar 22, 2021

    Date

    Pending

    CRMLS: 21701088

    $899,000

    Price

  • Mar 5, 2021

    Date

    Active

    CRMLS: 21701088

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    PLEASE READ CAREFULLY: FIXER ALERT! EXPERIENCED CASH/HARD MONEY BUYERS ONLY. This property is an existing house with an unpermitted ADU. It currently has a notice of substandard from 2017 affecting the title, which will prevent it from qualifying for traditional financing. The assessor shows the total SF to be 732 SF. The owner has plans to legalize everything, which when completed, will result in the front house being a legal 1,588 SF 2Br+2Ba House, a detached 1Br+1Ba ADU of 759 SF, plus a 2 car garage of 396 SF, and a 200 SF storage room. (Total SF of 2,547 SF excluding the garage). Everything will be delivered 100% VACANT. This property is located on Ave 50, but the rear of the property has access via El Paso, and there are two driveways, making this a perfect SFR+ADU set up. Potential to have private, separate residences independent of one another. There is tons of money to be made here for the right buyer with a vision! Contact listing agent for more info, renderings, etc.

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Tax History for 821 N Avenue 50

Assessed Value (2020): $159,380
Year Land Value Improved Value Assessed Value
2020 $27,035 $132,345 $159,380

Home Value Compared to the Market

This property vs the competition

821 N Avenue 50 sold on April 13, 2022 for 4.96% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $780.63 per/sqft which puts the price per square foot 3.39% higher than the current median sale per square foot for the city of Los Angeles.

About 821 N Avenue 50

Detailed summary of property

821 N Avenue 50 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,600 living square feet, and sits on an approximately 7,161 square foot lot. 821 N Avenue 50 was first listed on ArdentRealEstateGroup.com on February 9, 2022. The homeowner sold the property for $1,326,000. 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 4.96% higher than the current median priced home. Local homes that are currently for sale include 4146 W Avenue 42, 3256 Future St and 3441 Maceo St. While the average home in Los Angeles, CA is selling in 92 days, 821 N Avenue 50 has a days on market of 17 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. For more information on this home for sale at 821 N Avenue 50 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 821 N Avenue 50

Public county record property details
Beds
2
Baths
2
Year built
1936
Sq. Ft.
732
Lot Size
7,161
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5477-020-005

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
94
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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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.