NOT LISTED FOR SALE

1158 E 50th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $643,000 - $840,000

3 Beds
2 Baths
1,896 Sq Ft
$396/Sq Ft Est. Value

Sale Details

Date Sold: May 24, 2023

Last sale price $403,000 $213 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,568 / mo

127 Days on Market

About This Home

As of May 2023

INVESTORS DELIGHT!!! GREAT POTENTIAL FOR DEVELOPMENT AS MANY INVESTORS HAVE DEVELOPED UP TO 4 UNITS IN THE AREA. SUBJECT PROPERTY MAY HAVE SIMILAR POTENTIAL! BACK UNIT WAS BURNT DOWN DUE TO FIRE DAMAGE. FRONT UNIT IS STILL EXISTING AND HAS 3 BEDROOMS AND 2 BATHROOMS. CHECK WITH THE CITY ON ZONING FOR DEVELOPMENT. THIS PROPERTY OFFERS HUGE POTENTIAL!!!!

Last Agent to Sell the Property

Kenneth Palma

Palma Investments License #01886266 Listed on: 09/15/2022

Co-Listed By

Jennifer Flores

Palma Investments License #01977056

Last Buyer's Agent

Kenneth Palma

Palma Investments License #01886266 Listed on: 09/15/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 5,182 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,896 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 228710
  • Assessor Parcel Number 5107027010
  • $286 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

5,182 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5107027010
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 212.55

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5182.00
  • Lot Size Acres: 0.1190

Multi Family

  • Lot Size Area: 5182.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2287.10
  • Tax Lot: 13
  • Tax Tract Number: 228710
  • TaxOtherAnnualAssessmentAmount: 286.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
May 3, 2023
Sold by
Bought by
Seller's Agent
Kenneth Palma
Palma Investments
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$425,000
Sold Price
$403,000
Premium/Discount to List
-$22,000
-5.18%
Views
190
Current Estimated Value
$751,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,422
Avg. Annual Appreciation
21.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$403,000 California Best Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $403,000 -1.7% $213 / Sq Ft
03/30/2023 03/30/23 Price Changed $409,888 -3.6% $216 / Sq Ft
02/09/2023 02/09/23 Price Changed $425,000 0.0% $224 / Sq Ft
02/09/2023 02/09/23 For Sale $425,000 -5.3% $224 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $449,000 -10.0% $237 / Sq Ft
10/06/2022 10/06/22 Price Changed $499,000 -11.7% $263 / Sq Ft
09/15/2022 09/15/22 For Sale $565,000 -- $298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,304 $419,281 $312,120 $107,161
2024 $5,238 $411,060 $306,000 $105,060
2023 $604 $31,742 $14,103 $17,639
2022 $582 $31,121 $13,827 $17,294
2021 $563 $30,511 $13,556 $16,955
2020 $561 $30,199 $13,417 $16,782
2019 $548 $29,607 $13,154 $16,453
2018 $501 $29,028 $12,897 $16,131
2016 $454 $27,903 $12,398 $15,505
2015 $449 $27,485 $12,212 $15,273
2014 $464 $26,947 $11,973 $14,974
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kenneth Palma

    Palma Investments

    (775) 257-9955

    2 in this area

    111 Total Sales

    Kenneth Palma
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jennifer Flores

    Palma Investments

    (323) 338-9481

    1 in this area

    71 Total Sales

    Jennifer Flores
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22202138

California Regional Multiple Listing Service (CRMLS)

APN: 5107-027-010

California Los Angeles County Los Angeles 90011 Central Alameda

1158 E 50th St, Los Angeles, CA

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.