NOT LISTED FOR SALE

1008 E 50th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $742,000 - $1,076,000

7 Beds
4 Baths
3,277 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $660,000 $201 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,739/month

55 Days on Market

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • Front Yard

About This Home

As of June 2018

PERFECT OPPORTUNITY FOR HOME BUYER OR INVESTOR LOOKING TO GENERATE CASH FLOW!! This Triplex consists of 3,277 sqft of living space with a huge lot size of 7,528 sqft. There is two separate buildings on the lot, front building has two floors, the bottom is the main unit of 3
bedrooms and 2 bathrooms with a bonus room and 1/2 bath inside. The second floor is a 2 bedroom and one bath unit. The third
unit, two bedrooms and one bath, located in the back next to the two car detach garage. No need to worry about parking, it has
plenty of spaces for parking inside the property. It is minutes away from USC, Downtown LA, Exposition Park and the new Soccer
Stadium on Figueroa and Exposition Boulevard. Do not let this opportunity to purchase this property go away. Seller is very motivated and will consider any offer!!!

Last Agent to Sell the Property

Amado Benitez

Calhomes Realty License #01449318 Listed on: 02/01/2018

Last Buyer's Agent

Joel Cruzado

CAPITAL NETWORK REALTY License #01091859

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,304

Year Built

  • Built in 1910

Lot Details

  • 7,528 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 3,277 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 2292
  • Assessor Parcel Number 5108015009

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,304

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5108015009
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 201.40

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Paved
  • Lot Size Sq Ft: 7528.00

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2292.00
  • Tax Lot: 17
  • Tax Tract Number: 2292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2020
Sold by
Martinez Graciela
Bought by
Martinez Adelfo
Current Estimated Value
$898,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,080
Outstanding Balance
$521,616
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$377,082

Purchase Details

Listed on
Feb 1, 2018
Closed on
May 1, 2018
Sold by
Saravia Valle David and Saravia Valle Rosa
Bought by
Martinez Adelfo and Martinez Graciela
Seller's Agent
Amado Benitez
Calhomes Realty
Buyer's Agent
Joel Cruzado
CAPITAL NETWORK REALTY
List Price
$663,900
Sold Price
$660,000
Premium/Discount to List
-$3,900
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$495,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2000
Sold by
Jones Roosevelt F and Jones Harriet W
Bought by
Jones Roosevelt and Jones Harriet
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez Adelfo -- Lawyers Title Ie
Martinez Adelfo $660,000 Pacific Coast Title
Jones Roosevelt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Adelfo $586,080
Previous Owner Martinez Adelfo $495,000
Previous Owner Valle David $112,400
Previous Owner Jones Harriet W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $660,000 -0.6% $201 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/05/2018 03/05/18 Price Changed $663,900 0.0% $203 / Sq Ft
03/05/2018 03/05/18 For Sale $663,900 0.0% $203 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $664,000 -- $203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,304 $744,583 $462,255 $282,328
2024 $9,304 $729,985 $453,192 $276,793
2023 $9,130 $715,672 $444,306 $271,366
2022 $8,716 $701,641 $435,595 $266,046
2021 $8,597 $687,884 $427,054 $260,830
2020 $8,665 $686,664 $395,352 $291,312
2019 $8,332 $673,200 $387,600 $285,600
2018 $5,673 $441,014 $330,764 $110,250
2016 $5,397 $423,891 $317,921 $105,970
2015 $4,958 $387,000 $245,000 $142,000
2014 $4,488 $338,000 $245,000 $93,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Amado Benitez

    Calhomes Realty

    (323) 229-4282

    1 in this area

    9 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Joel Cruzado

    CAPITAL NETWORK REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18024352

California Regional Multiple Listing Service (CRMLS)

APN: 5108-015-009

California Los Angeles County Los Angeles 90011 South Park

1008 E 50th St, Los Angeles, CA

This home is located at 1008 E 50th St, Los Angeles, CA 90011 since 01 February 2018 and is currently estimated at $898,698, approximately $274 per square foot. This property was built in 1910. 1008 E 50th St is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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