NOT LISTED FOR SALE

1581 E 51st St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $675,000 - $767,000

5 Beds
2 Baths
1,914 Sq Ft
$377/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $300,000 $157 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,171/month

94 Days on Market

Highlights

  • Corner Lot
  • Lawn
  • Laundry Room
  • Granite Countertops
  • No HOA
  • Turnkey

About This Home

As of February 2013

Two separate houses on a large lot. Ideal for the first time buyer. Both houses are complete refurbished. Front house consist of 3 bedrooms, 1 bathroom, large laundry room, brand new kitchen with granite counter top, new wood flooring, crown and base moldings, new windows etc. Back house is 95% new. 2 bedrooms, 1 bath room with separate driveway, fenced all around, beautifully landscaped. This property will qualify for FHA financing. Just back on the market 11/16/12 Previous buyer did not qualify. Show it and sell it.

Last Agent to Sell the Property

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282 Listed on: 11/17/2012

REALTY MASTERS & ASSOCIATES, INC.

Last Buyer's Agent

Robert Diamond

Gotham Management Group License #00888274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,693

Year Built

  • Built in 1914

Lot Details

  • 5,140 Sq Ft Lot
  • Corner Lot
  • Lawn

Home Design

  • 1,914 Sq Ft Home
  • Turnkey
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Granite Countertops
  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 5106023039

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,693

Year Built

Built in 1914

Lot Details

0

Listing Details

  • View: No
  • Zoning: R 2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5106023039
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Levels: Two
  • Price Per Square Foot: 156.74

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Lawn, Corner Lot
  • Lot Size Sq Ft: 5140.00
  • Lot Size Acres: 0.1180

Multi Family

  • Lot Size Area: 5140.0000 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: No

Tax Info

  • Tax Lot: 80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2012
Sold by
The Source Real Estate Services Llc
Bought by
Garza Brittney A
Current Estimated Value
$722,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2011
Sold by
Hull Harry
Bought by
The Source Real Estate Services Llc

Purchase Details

Closed on
Mar 8, 1996
Sold by
Harris Percy S
Bought by
Harris Annie Lee
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
Garza Brittney A $300,000 Westminster Title
The Source Real Estate Services Llc $253,000 Priority Title
Harris Annie Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garza Brittney A $294,566
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $300,000 -3.2% $157 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $309,900 -- $162 / 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 $4,693 $369,420 $246,282 $123,138
2024 $4,693 $362,177 $241,453 $120,724
2023 $4,607 $355,076 $236,719 $118,357
2022 $4,399 $348,115 $232,078 $116,037
2021 $4,339 $341,290 $227,528 $113,762
2020 $4,378 $337,791 $225,195 $112,596
2019 $4,213 $331,169 $220,780 $110,389
2018 $4,131 $324,676 $216,451 $108,225
2016 $3,936 $312,070 $208,047 $104,023
2015 $3,880 $307,383 $204,922 $102,461
2014 $3,904 $301,362 $200,908 $100,454
Source: Public Records

Agents Affiliated with this Home

  • Moises Martinez

    Seller's Agent in 2013

    Moises Martinez

    REALTY MASTERS & ASSOCIATES, INC.

    (323) 385-6508

    32 Total Sales

    Moises Martinez
    Section Image

  • R

    Buyer's Agent in 2013

    Robert Diamond

    Gotham Management Group

    (562) 461-0233

    Robert Diamond
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12121538

California Regional Multiple Listing Service (CRMLS)

APN: 5106-023-039

California Los Angeles County Los Angeles 90011 Central Alameda

1581 E 51st St, Los Angeles, CA

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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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