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

$675,000 Sold Price as of 08/20/2019
  • 5 Beds
  • 3 Baths
  • 1,924 Sq.Ft.
Sold
$675,000 Sold Price as of 08/20/2019 Refinance Your Mortgage
Map preview of 946 W 50Th Pl, Los Angeles, CA 90037

Property Overview: 946 W 50Th Pl Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,924 living square feet and 4,251 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE REDUCTION ON 6/7/19 (MOTIVATED SELLER)! FHA & VA loans are welcome. Both units come vacant and ready to rent or move in. 1 unit offers 4 bedrooms + 2 baths and Unit #2 offer a spacious 1 bedroom + 1 bath unit. Live in one and rent the other or enjoy a strong cash flow by renting both! Both units feature a new kitchen with slow close cabinets, stylish quartz, fresh paint, new stucco, new baths, recessed lighting, wood floors throughout, LED fixtures, etc. All while retaining all the original craftsman character; original Tiffany windows, crown moldings, and built-ins. The interior is full of old craftsman style architecture boasting solid interior wood features. Raised foundation, large rooms throughout and a generous size utility room. The property has a carport for 2 cars in the rear. The home is walking distance to transportation, schools, and shopping. Just south of the recently opened USC Village (Target, Trader Joes & More) and Banc of California Stadium (The Fields). It has never been this convenient to live here. Centrally located and minutes to the I-10, 110, and freeways!

Listed by JULIO RUIZ | BRE #01911261 | GLOBAL PLATINUM PROPERTIES
Co-listed by Armin Soleimani | BRE #01846872 | Global Major Properties
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
4,251
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
MB19102448
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: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,090
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.76%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,800
  • Net Operating Income: $41,750
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,050
  • Electric: $400
  • Gas/Fuel: $0
  • New Taxes: $8,700
  • Trash: $0
  • Gardener: $450
  • Insurance: $1,500
  • Maintenance: $1,800
  • Water/Sewer: $1,200

Virtual Tour

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Property Details for 946 W 50Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • Walk-In Closet
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Built-in Features, Copper Plumbing Partial
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Tandem Uncovered
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood, Peek-A-Boo
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5018018017
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Head south on Vermont from Slauson. Turn right (east) onto 50th Pl.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 946 W 50Th Pl

Last sold for $675,000 on August 20th, 2019

  • August, 2019

  • Aug 21, 2019

    Date

    Sold

    CRMLS: MB19102448

    $675,000

    Price

  • Jun 21, 2019

    Date

    Pending

    CRMLS: MB19102448

    $675,000

    Price

  • Jun 8, 2019

    Date

    Price Change

    CRMLS: MB19102448

    $675,000

    Price

  • May 3, 2019

    Date

    Active

    CRMLS: MB19102448

    $699,000

    Price

  • August, 2019

  • Aug 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

  • April, 2019

  • Apr 25, 2019

    Date

    Canceled

    CRMLS: MB19045363

    $718,000

    Price

  • Apr 25, 2019

    Date

    Withdrawn

    CRMLS: MB19045363

    $718,000

    Price

  • Apr 18, 2019

    Date

    Price Change

    CRMLS: MB19045363

    $718,000

    Price

  • Mar 15, 2019

    Date

    Price Change

    CRMLS: MB19045363

    $719,000

    Price

  • Feb 28, 2019

    Date

    Active

    CRMLS: MB19045363

    $724,500

    Price

  • Listing provided courtesy of CRMLS

    Back on the Market!Motivated seller! FHA & VA loans are welcome. Both units come vacant and ready to rent or move in. 1 unit offers 4 bedrooms + 2 baths and Unit #2 offer a spacious 1 bedroom + 1 bath unit. Live in one and rent the other or enjoy a strong cash flow by renting both! Both units feature a new kitchen with slow close cabinets, stylish quartz, fresh paint, new stucco, new baths, recessed lighting, wood floors throughout, LED fixtures, etc. All while retaining all the original craftsman character; original Tiffany windows, crown moldings, and built-ins. The interior is full of old craftsman style architecture boasting solid interior wood features. Raised foundation, large rooms throughout and a generous size utility room. The property has a carport for 2 cars in the rear. The home is walking distance to transportation, schools, and shopping. Just south of the recently opened USC Village (Target, Trader Joes & More) and Banc of California Stadium (The Fields). It has never been this convenient to live here. Centrally located and minutes to the I-10, 110, and freeways!

  • February, 2019

  • Feb 27, 2019

    Date

    Canceled

    CRMLS: 18412910

    $739,000

    Price

  • Jan 24, 2019

    Date

    Price Change

    CRMLS: 18412910

    $739,000

    Price

  • Dec 4, 2018

    Date

    Active

    CRMLS: 18412910

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Welcoming and radiant, this Californian Bungalow Duplex in Vermont Square is sure to catch your attention. The subject property is located on a quiet street adjacent to Exposition Park in Los Angeles. Both units feature a new kitchen with slow close cabinets, stylish quartz, fresh paint, new stucco, new baths, recessed lighting, wood floors throughout, LED fixtures, etc. All while retaining all the original craftsman character; original Tiffany windows, crown moldings, and built-ins. The interior is full of old craftsman style architecture boasting solid interior wood features. Raised foundation, large rooms throughout and a generous size utility room. The property has a carport for 2 cars in the rear. The home is walking distance to transportation, schools and shopping. Just south of the recently opened USC Village (Target, Trader Joes & More) and Banc of California Stadium (The Fields). It has never been his convenient to live here. Centrally located and minutes to the I-10, 110, 10

  • March, 2018

  • Mar 29, 2018

    Date

    Sold

    CRMLS: 18312672

    $452,000

    Price

  • Mar 29, 2018

    Date

    Pending

    CRMLS: 18312672

    $450,000

    Price

  • Mar 8, 2018

    Date

    Active Under Contract

    CRMLS: 18312672

    $450,000

    Price

  • Feb 14, 2018

    Date

    Active

    CRMLS: 18312672

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    Investor/Developer/or Homeowner Opportunity! Zoned LARD2. Charming Traditional 1900's Craftsman 2-Story design boasting tons of original character. This home has an open, spacious living & dining room. Living & Dining room windows have been updated. 3 bedrooms/1 bath upstairs and 1 bedroom/1 bath downstairs. Properties driveway entrance is located off alley with secured locked gate. Located in the Vermont Square neighborhood near the USC University Village, Exposition Park, LA Memorial Coliseum and Galen Center . This location is perfect for the commuter, with easy access to public transportation and major freeways to downtown LA and points beyond!

  • March, 2018

  • Mar 29, 2018

    Date

    Sold (Public Records)

    Public Records

    $452,000

    Price

Show More

Tax History for 946 W 50Th Pl

Assessed Value (2020): $675,000
Year Land Value Improved Value Assessed Value
2020 $450,000 $225,000 $675,000

Home Value Compared to the Market

This property vs the competition

946 W 50Th Pl sold on August 20, 2019 for 39.73% 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 $350.83 per/sqft which puts the price per square foot 51.54% lower than the current median sale per square foot for the city of Los Angeles.

About 946 W 50Th Pl

Detailed summary of property

946 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 1,924 living square feet, and sits on an approximately 4,251 square foot lot. 946 W 50Th Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $675,000. 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 39.73% lower than the current median priced home. Local homes that are currently for sale include 1020 W 61St St, 228 W 47th Pl and 1507 W 51St St. While the average home in Los Angeles, CA is selling in 106 days, 946 W 50Th Pl has a days on market of 47 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 946 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 946 W 50Th Pl

Public county record property details
Beds
5
Baths
3
Year built
1909
Sq. Ft.
2,198
Lot Size
4,250
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
118
APN
5018-018-017

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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