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

$640,000 Sold Price as of 01/31/2020
  • 5 Beds
  • 3 Baths
  • -- Sq.Ft.
Sold
$640,000 Sold Price as of 01/31/2020 Refinance Your Mortgage
Map preview of 941 W 50Th Pl, Los Angeles, CA 90037

Property Overview: 941 W 50Th Pl Los Angeles, CA has 5 bedrooms, 3 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity. Located in the Vermont Harbor neighborhood of Los Angeles. Walking distance to shopping, schools, and transportation. Property features a long driveway, garage, and more. Garage needs TLC. Records show a total of 3 bedrooms, 2 baths for both units. Front house is permitted for a 3 bedroom, 2 bath (permits available) and back unit is a 1 bedroom with a tandem bedroom, buyer to verify all information herein. Front unit features laminate wood floors, fireplace, dining room with built in cabinets, washer & dryer hook ups, and more. Rear unit features a small living room, tandem bedrooms, and small yard space. Units are located in a rent control area. Front unit will be delivered vacant at close of escrow. Do not disturb occupants.

Listed by Gene Armstrong | BRE #00620058 | Gene Armstrong Inc
Co-listed by Lidia Salamanca | BRE #02065427 | Gene Armstrong Inc
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19521078
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,975
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $1,975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.3
  • Gross Scheduled Income: --
  • Net Operating Income: $47,699
  • Gross Operating Income: $59,700
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $600
  • Insurance: $2,363
  • Water/Sewer: $600

Virtual Tour

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Property Details for 941 W 50Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5018016019
Location / Neighborhood
Location Information
  • Directions: E. OF VERMONT & N. OF SLAUSON AVE
View more facts & features

Local Los Angeles Agent

Sale History for 941 W 50Th Pl

Last sold for $640,000 on January 31st, 2020

  • February, 2020

  • Feb 4, 2020

    Date

    Sold

    CRMLS: 19521078

    $640,000

    Price

  • Dec 10, 2019

    Date

    Pending

    CRMLS: 19521078

    $650,000

    Price

  • Nov 24, 2019

    Date

    Price Change

    CRMLS: 19521078

    $650,000

    Price

  • Oct 16, 2019

    Date

    Active

    CRMLS: 19521078

    $675,000

    Price

  • January, 2020

  • Jan 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

  • April, 2007

  • Apr 17, 2007

    Date

    Sold (Public Records)

    Public Records

    $615,000

    Price

Show More

Tax History for 941 W 50Th Pl

Assessed Value (2020): $540,000
Year Land Value Improved Value Assessed Value
2020 $391,500 $148,500 $540,000

Home Value Compared to the Market

This property vs the competition

941 W 50Th Pl sold on January 31, 2020 for 41.96% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 941 W 50Th Pl

Detailed summary of property

941 W 50Th Pl is a multi family that recently sold in Los Angeles, CA 90037. This multi family property offered 5 bedrooms, 3 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 941 W 50Th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $640,000. 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 41.96% lower than the current median priced home. Local homes that are currently for sale include 242 W 58th St, 6207 S Figueroa St and 444 W Gage Ave. While the average home in Los Angeles, CA is selling in 106 days, 941 W 50Th Pl has a days on market of 54 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 941 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 941 W 50Th Pl

Public county record property details
Beds
3
Baths
2
Year built
1923
Sq. Ft.
1,786
Lot Size
5,194
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
66
APN
5018-016-019

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.

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