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915 E 50Th St, Los Angeles, CA 90011
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915 E 50Th St Los Angeles, CA 90011

$1,050,000 Sold Price as of 03/01/2022
  • 8 Beds
  • 5 Baths
  • 5,807 Sq.Ft.
Sold
$1,050,000 Sold Price as of 03/01/2022 Refinance Your Mortgage
Map preview of 915 E 50Th St, Los Angeles, CA 90011

Property Overview: 915 E 50Th St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 5,807 living square feet and 12,653 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic opportunity to acquire 915 E. 50th Street Apartments. The unit mix consists of three x one bedroom/one bath, and one x two bedroom/one bath, and two x two bedroom/one bath townhome apartments. Each unit is separately metered and has individual water heaters. The on-site laundry is owned, and the property is situated on a 12,652 square foot parcel with ten parking spaces. Currently one apartment is vacant and rent ready. Potential to construct detached ADUs with the excess land on the site. Buyer to verify with city of Los Angeles regarding ADU development

Listed by Robert Leveen | BRE #01476685 | Robert Leveen
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
12,653
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22124057
City
Los Angeles
County
Los Angeles
Time on Site
829 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $791
  • Total Rent: $1,582
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $915
  • Total Rent: $915
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $795
  • Total Rent: $795
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,145
  • Total Rent: $1,145
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.04
  • Gross Scheduled Income: --
  • Net Operating Income: $19,074
  • Gross Operating Income: $65,213
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 915 E 50Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Gravity
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Uncovered
Property Information
  • Total # of Units: 6
  • Parcel Number: 5108016030
Location / Neighborhood
Location Information
  • Directions: 50th Street at McKinley
View more facts & features

Local Los Angeles Agent

Sale History for 915 E 50Th St

Last sold for $1,050,000 on March 1st, 2022

  • March, 2022

  • Mar 1, 2022

    Date

    Sold

    CRMLS: 22124057

    $1,050,000

    Price

  • Feb 1, 2022

    Date

    Active

    CRMLS: 22124057

    $1,098,000

    Price

  • January, 2022

  • Jan 19, 2022

    Date

    Canceled

    CRMLS: 21108726

    $1,298,000

    Price

  • Nov 30, 2021

    Date

    Active

    CRMLS: 21108726

    $1,298,000

    Price

  • Listing provided courtesy of CRMLS

    Lee & Associates is pleased to present 915 E. 50th Street Apartments. The unit mix consists of three x one bedroom/one bath, and one x two bedroom/one bath, and two x two bedroom/one bath townhome apartments. Each unit is separately metered and has individual water heaters. The on-site laundry is owned, and the property is situated on a 12,652 square foot parcel with ten parking spaces. Currently one apartment is vacant and rent ready. Potential to construct detached ADUs with the excess land on the site. Buyer to verify with city of Los Angeles regarding ADU development

  • September, 2011

  • Sep 30, 2011

    Date

    Sold (Public Records)

    Public Records

    $99,000

    Price

  • November, 2009

  • Nov 30, 2009

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

Show More

Tax History for 915 E 50Th St

Assessed Value (2020): $131,368
Year Land Value Improved Value Assessed Value
2020 $39,408 $91,960 $131,368

Home Value Compared to the Market

This property vs the competition

915 E 50Th St sold on March 1, 2022 for 7.73% lower 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 $189.08 per/sqft which puts the price per square foot 74.96% lower than the current median sale per square foot for the city of Los Angeles.

About 915 E 50Th St

Detailed summary of property

915 E 50Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 5,807 living square feet, and sits on an approximately 12,653 square foot lot. 915 E 50Th St was first listed on ArdentRealEstateGroup.com on February 2, 2022. The homeowner sold the property for $1,050,000. 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 7.73% lower than the current median priced home. Local homes that are currently for sale include 4210 Woodlawn Ave, 201 W 46th St and 3811 Trinity St. While the average home in Los Angeles, CA is selling in 93 days, 915 E 50Th St has a days on market of 10 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 915 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 915 E 50Th St

Public county record property details
Beds
12
Baths
6
Year built
1905
Sq. Ft.
5,807
Lot Size
12,652
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5108-016-030

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
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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(714) 706-1823

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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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