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

$1,350,000
  • 14 Beds
  • 7 Baths
  • 5,503 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 982 E 50Th St, Los Angeles, CA 90011

Property Overview: 982 E 50Th St Los Angeles, CA has 14 bedrooms, 7 bathrooms, 5,503 living square feet and 7,524 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great opportunity to own a 6 unit complex in one of LA's oldest pockets. 2 units to be delivered vacant (units 1 & 3). Unit 1 (owners unit) is a 4 bedroom/2 bathroom. Balance of the units are all 2/1. Gas & Electric individually metered. Upgraded electrical in all units. Earthquake Retrofit. Gas Shut Off. Most all pipes Copper pipes. New Windows. Buyer to perform all due diligence in regards to square footage and any outstanding City/County ordinances. Property Sold AS-IS. Seller will not make any repairs or warranties. Please do not walk the property and please do not disturb tenants. For all showings please call LA 1.

Listed by Jimmi Weaver | BRE #01374172 | Jimmi Weaver, Broker
Co-listed by Namya Greene | BRE #02188117 | Jimmi Weaver, Broker
Last checked: 7 minutes ago | Last updated: November 17th, 2023 | Source CRMLS | DOM: 151
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Home details

Lot Sq. Ft
7,524
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23329147
City
Los Angeles
County
Los Angeles
Time on Site
178 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $600
  • Total Rent: $600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 982 E 50Th St

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Property Details for 982 E 50Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room, Outside, In Carport
Interior Features
  • Levels: Two
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 Parking Spaces: 7
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 6
  • Parcel Number: 5108015011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: 110 S exit 51st, Left on 51st, Left on Avalon, Right on 50th Street.
View more facts & features

Local Los Angeles Agent

Sale History for 982 E 50Th St

Last sold on August 2nd, 2018

  • November, 2023

  • Nov 6, 2023

    Date

    Active

    CRMLS: 23329147

    $1,425,000

    Price

  • July, 2021

  • Jul 28, 2021

    Date

    Price Change

    CRMLS: 21756872

    $1,579,000

    Price

  • Jul 17, 2021

    Date

    Price Change

    CRMLS: 21756872

    $1,679,000

    Price

  • Jul 5, 2021

    Date

    Active

    CRMLS: 21756872

    $1,899,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CONTACT SELLER***** Property is being re-listed with LA1. For any questions, please call LA1.

  • July, 2021

  • Jul 2, 2021

    Date

    Active

    CRMLS: 21756492

    $1,899,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a 6 unit complex in one of the best LA pockets. Unit 1 (owners unit) is actually a 4 bed/2 bath. 2 units to be delivered vacant (1 & 3) . Gas & Electric individually metered. Buyer to perform all due diligence in regards to sq ft and any outstanding City/County ordinances. Property Sold As-Is. Seller will not make any repairs or warranties. Do not walk property. Do not disturb tenants. For all showings please call, text or email LA.

  • August, 2018

  • Aug 2, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 982 E 50Th St

Assessed Value (2020): $118,082
Year Land Value Improved Value Assessed Value
2020 $19,470 $98,612 $118,082

Home Value Compared to the Market

This property vs the competition

982 E 50Th St is listed 10.2% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $245.32 per/sqft which puts the price per square foot 68.3% lower than the median price per square foot for the city of Los Angeles.

About 982 E 50Th St

Detailed summary of property

982 E 50Th St is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 14 bedrooms, 7 bathrooms, roughly 5,503 living square feet, and sits on an approximately 7,524 square foot lot. 982 E 50Th St was first listed on ArdentRealEstateGroup.com on November 6, 2023. The homeowner is currently asking $1,350,000 and was originally asking $1,425,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10.2% higher than the median priced home. Local competing homes currently for sale include 894 E 35th St, 316 E 61st St and 2928 Compton Ave. While the average home in Los Angeles, CA is selling in 96 days, 982 E 50Th St has a days on market of 151 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 982 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 982 E 50Th St

Public county record property details
Beds
14
Baths
7
Year built
1962
Sq. Ft.
5,503
Lot Size
7,523
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5108-015-011

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
$620,000
Median List Price/Sq.Ft.
$460
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%)

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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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