NOT LISTED FOR SALE

1385 E 50th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $810,153 - $854,000

5 Beds
3 Baths
1,800 Sq Ft
$459/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $690,000 $383 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,147/month

6 Days on Market

About This Home

As of June 2020

VACANT!!!!!!!!!!! DUPLEX, Good News everyone here we have private and gated 2 separate houses BOTH VACANT!!!!!!!! located in a very nice neighborhood, located in the heart of Los Angeles!! This is a great opportunity for a savvy investor to collect TWO rental income checks or to live in one house and rent the other DETACHED back house!! The front house features a 3 BR/ 2 BA home with tons of character! New paint inside and out, new quartz kitchen counter tops, all new flooring and new stainless steel appliances refrigerator+ stove both house, this home is ready to move in NOW! The second house 2 more bedrooms, and a full bathroom and a gorgeous kitchen!! Other features include washer and dryer hook up, , new doors, copper plumbing and so much more, beautiful landscape and TONS OF PARKING SPOTS!!!!!!! Close to all the buzz: coming Rams/Chargers NFL stadium, USC Village, transit lines, freeways, Exposition Park, DTLA, Banc of California Stadium and more. This opportunity will not last

Last Agent to Sell the Property

John Vartabedian

Bishop Realty License #00514652 Listed on: 05/28/2020

Last Buyer's Agent

John Vartabedian

Bishop Realty License #00514652 Listed on: 05/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,155

Year Built

  • Built in 1920

Lot Details

  • 4,820 Sq Ft Lot

Home Design

  • 1,800 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Auto Driveway Gate

Utilities

  • Cooling System Powered By Gas
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5107-029-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,155

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1800
  • Year Built: 1920
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Equipment: Alarm System
  • Price Per S Q F T: 388.33

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 6

Utilities

  • Cooling: Gas
  • Heating: Wall

Association/Amenities

  • Amenities: Gated Parking

Lot Info

  • Assessed Improvement Value: 40712
  • Assessed Land Value: 106406
  • Assessor Parcel Number: 5107-029-032
  • Geocode Override: No
  • Lot Size Area: 4820

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 9, 2020
Sold by
Kelso Llc
Bought by
Bunch Jason R
Seller's Agent
John Vartabedian
Bishop Realty
Buyer's Agent
John Vartabedian
Bishop Realty
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$827,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,038
Avg. Annual Appreciation
3.48%

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 8, 2020
Sold by
Bunch Terri
Bought by
Bunch Jason R
Seller's Agent
John Vartabedian
Bishop Realty
Buyer's Agent
John Vartabedian
Bishop Realty
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 4, 2020
Sold by
Gama Beatriz and Gama Marilyng Banda
Bought by
Kelso Llc
Seller's Agent
Cherry Ng
Keller Williams DTLA
Buyer's Agent
John Vartabedian
Bishop Realty
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
722.33%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Gama Jesus and Gama Elena
Bought by
Banda Gama Beatriz and Banda Gama Marlyng
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
Bunch Jason R $690,000 Fidelity National Title
Bunch Jason R -- Provident Title
Kelso Llc $425,000 Wfg National Title Company
Banda Gama Beatriz -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2020 06/29/20 Sold $690,000 -1.3% $383 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $699,000 +64.5% $388 / Sq Ft
04/07/2020 04/07/20 Sold $425,000 -5.6% $299 / Sq Ft View Prior Sale
03/02/2020 03/02/20 For Sale $450,000 -- $316 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
Source: The MLS

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 $9,155 $754,613 $426,520 $328,093
2024 $9,155 $739,817 $418,157 $321,660
2023 $8,979 $725,311 $409,958 $315,353
2022 $8,561 $711,090 $401,920 $309,170
2021 $8,456 $697,148 $394,040 $303,108
2020 $2,133 $156,121 $112,918 $43,203
2019 $2,057 $153,060 $110,704 $42,356
2018 $2,013 $150,060 $108,534 $41,526
2016 $1,913 $144,234 $104,320 $39,914
2015 $1,887 $142,069 $102,754 $39,315
2014 $1,906 $139,287 $100,742 $38,545
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cherry Ng

    Keller Williams DTLA

    Section Image
  • Juan Pablo Perez

    Seller Co-Listing Agent in 2020

    Juan Pablo Perez

    Keller Williams - Eagle Rock

    (626) 627-5138

    26 Total Sales

    Juan Pablo Perez
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-583254

The MLS

APN: 5107-029-032

California Los Angeles County Los Angeles 90011 Central Alameda

1385 E 50th St, Los Angeles, CA

This home is located at 1385 E 50th St, Los Angeles, CA 90011 since 28 May 2020 and is currently estimated at $827,038, approximately $459 per square foot. This property was built in 1920. 1385 E 50th St is a home located in Los Angeles County with nearby schools including Hooper Avenue Elementary School, George Washington Carver Middle School, and Nava College Preparatory Academy.

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