NOT LISTED FOR SALE

1556 E 51st St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $764,000 - $1,522,000

3 Beds
1 Bath
972 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $350,000 $360 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $7,242/month

300 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to Slauson Senior Multipurpose Recreation Center
  • Back Yard

About This Home

As of November 2018

Don't let this home pass you by. This is a great opportunity for a investor.

Last Agent to Sell the Property

Vaurice Scott

Berkshire Hathaway HomeServices California Properties License #01828654 Listed on: 08/26/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Fred Ehrlich

Encore Luxury Homes License #00882824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,822

Year Built

  • Built in 1912

Lot Details

  • 5,400 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR2

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Available
  • Driveway

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 7
  • Assessor Parcel Number 5106025014

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,822

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5106025014
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 972.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 360.08
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2288.00
  • Tax Lot: 15
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2019
Sold by
Ocean Development Inc
Bought by
Cd Asset Company Llc
Current Estimated Value
$1,192,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,750
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 26, 2017
Closed on
Nov 8, 2018
Sold by
Mclaurin Terrell
Bought by
Ocean Development Inc
Seller's Agent
Vaurice Scott
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Fred Ehrlich
Encore Luxury Homes
List Price
$320,000
Sold Price
$350,000
Premium/Discount to List
$30,000
9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.42%

Purchase Details

Listed on
Aug 26, 2017
Closed on
Oct 18, 2018
Sold by
Mclaurin Terrell
Bought by
Ocean Development
Seller's Agent
Vaurice Scott
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Fred Ehrlich
Encore Luxury Homes
List Price
$320,000
Sold Price
$350,000
Premium/Discount to List
$30,000
9.38%
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
Cd Asset Company Llc $885,000 Lawyers Title
Ocean Development Inc $350,000 Chicago Title Company
Ocean Development $350,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cd Asset Company Llc $529,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $350,000 +9.4% $360 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $320,000 -8.6% $329 / Sq Ft
08/30/2017 08/30/17 Off Market $350,000 -- --
08/26/2017 08/26/17 For Sale $320,000 -- $329 / 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 $11,822 $967,873 $464,798 $503,075
2024 $11,822 $948,896 $455,685 $493,211
2023 $11,596 $930,291 $446,750 $483,541
2022 $11,060 $912,051 $437,991 $474,060
2021 $10,910 $894,168 $429,403 $464,765
2019 $4,340 $350,000 $280,000 $70,000
2018 $477 $32,057 $19,196 $12,861
2016 $442 $30,813 $18,451 $12,362
2015 $437 $30,351 $18,174 $12,177
2014 $447 $29,757 $17,818 $11,939
Source: Public Records

Agents Affiliated with this Home

  • Vaurice Scott

    Seller's Agent in 2018

    Vaurice Scott

    Berkshire Hathaway HomeServices California Properties

    (562) 577-5443

    1 Total Sale

    Vaurice Scott
    Section Image
  • Fred Ehrlich

    Buyer's Agent in 2018

    Fred Ehrlich

    Encore Luxury Homes

    (323) 899-2774

    Fred Ehrlich
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17200786

California Regional Multiple Listing Service (CRMLS)

APN: 5106-025-014

California Los Angeles County Los Angeles 90011 Central Alameda

1556 E 51st St, Los Angeles, CA

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