917 W 50Th Pl, Los Angeles, CA 90037
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917 W 50Th Pl Los Angeles, CA 90037

$401,300 Sold Price as of 08/24/2023
  • 4 Beds
  • 4 Baths
  • 1,469 Sq.Ft.
Sold
$401,300 Sold Price as of 08/24/2023 Refinance Your Mortgage

Map preview of 917 W 50Th Pl, Los Angeles, CA 90037

Property Overview: 917 W 50Th Pl Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,469 living square feet and 5,196 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment opportunity in this conveniently located duplex in the heart of Los Angeles. There are 2 separate houses, each with 2 bedrooms and 2 baths. Close to the 10 & 110 Freeways, the Metro, Crenshaw Plaza, USC, LA Memorial Coliseum, and BMO Stadium. This is a Trust Sale, no court confirmation required.

Listed by Nancy Sanborn | BRE #00771096 | Berkshire Hathaway HomeServices California Properties
Co-listed by Brian Joy | BRE #01324371 | Berkshire Hathaway HomeServices California Properties
Last checked: 11 minutes ago | Last updated: March 1st, 2024 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
5,196
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23271955
City
Los Angeles
County
Los Angeles
Time on Site
472 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $928
  • Total Rent: $928
  • Pro Forma/Market Rent: $928
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.6
  • Gross Scheduled Income: --
  • Net Operating Income: $13,833
  • Gross Operating Income: $25,536
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 917 W 50Th Pl

Interior Features
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5018016025
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of S. Vermont Avenue, North of W. 51st Street
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Sale History for 917 W 50Th Pl

Last sold for $401,300 on August 24th, 2023
  • February, 2024

  • Feb 29, 2024

    Date

    Expired

    CRMLS: 23316365

    $585,000

    Price

  • Sep 29, 2023

    Date

    Active

    CRMLS: 23316365

    $498,000

    Price

  • Listing provided courtesy of CRMLS

    The property is tenant-occupied and will NOT be delivered vacant. Explore this exceptional investment prospect in a strategically positioned duplex situated in the vibrant heart of Los Angeles. Comprising two distinct residences, each boasting two bedrooms and two baths, this property offers both comfort and convenience. Its prime location ensures proximity to key amenities such as the 10 & 110 Freeways, the Metro, Crenshaw Plaza, USC, LA Memorial Coliseum, and BMO Stadium. Don't miss out on this promising investment opportunity in the heart of the city.

  • August, 2023

  • Aug 24, 2023

    Date

    Sold

    CRMLS: 23271955

    $401,300

    Price

  • May 30, 2023

    Date

    Active

    CRMLS: 23271955

    $475,000

    Price

  • July, 2019

  • Jul 9, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 917 W 50Th Pl

Assessed Value (2020): $510,000
Year Land Value Improved Value Assessed Value
2020 $357,000 $153,000 $510,000

Home Value Compared to the Market

This property vs the competition

917 W 50Th Pl sold on August 24, 2023 for 57.59% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $323.35 per/sqft which puts the price per square foot 55.34% lower than the current median sale per square foot for the city of Los Angeles.

About 917 W 50Th Pl

Detailed summary of property

917 W 50Th Pl is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 1,469 living square feet, and sits on an approximately 5,196 square foot lot. 917 W 50Th Pl was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $401,300. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 57.59% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 106 days, 917 W 50Th Pl has a days on market of 55 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 917 W 50Th Pl 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 917 W 50Th Pl

Public county record property details
Beds
4
Baths
2
Year built
1920
Sq. Ft.
1,469
Lot Size
5,195
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
72
APN
5018-016-025

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
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), 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.