NOT LISTED FOR SALE

1583 W 51st St Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $600,000 - $725,348

3 Beds
2 Baths
1,346 Sq Ft
$505/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $415,000 $308 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,162/month

49 Days on Market

About This Home

As of January 2018

INVESTOR'S WELCOME TWO ON A LOT!!! FRONT HOUSE WITH A REAR UNIT OVER THREE CAR GARAGE. FRONT HOUSE HAS TWO BEDROOMS AND ONE BATH. FRONT UNIT SHOWS WELL AND IS IN VERY GOOD CONDITION. FRONT UNIT IS TENANT OCCUPIED. REAR UNIT IS LOCATED ABOVE THE THREE GARAGE AND HAS ONE FULL BEDROOM AND ONE FULL BATH. REAR UNIT IS APPROXIMATELY 480 SQ FT AS PER BUILDING PERMIT. PUBLIC RECORD ONLY SHOWS SQUARE FOOTAGE FOR FRONT HOUSE. REAR UNIT IS PERMITED AS SECOND UNIT. PERMIT AVAILABLE FOR REVIEW FOR REAR UNIT. PLEASE DO NOT DISTURB FRONT TENANT.

Last Agent to Sell the Property

Ricardo Curtis

Jacob, Christopher & Lee Rlty License #01464851 Listed on: 10/17/2017

Last Buyer's Agent

Hollie Frey

eXp Realty of California Inc License #02016257

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,814

Year Built

  • Built in 1919

Lot Details

  • 5,090 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,346 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5016-035-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,814

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1346
  • Stories: 2
  • Year Built: 1919
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Gas Dryer Hookup
  • Price Per S Q F T: 297.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 9705
  • Assessed Land Value: 20684
  • Assessor Parcel Number: 5016-035-003
  • Geocode Override: No
  • Lot Size Area: 5090

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 1.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 4500
  • Type Of Units: Duplex
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Dec 20, 2017
Sold by
Edwards Pearl E
Bought by
Ervin Kim P
Seller's Agent
Ricardo Curtis
Jacob, Christopher & Lee Rlty
Buyer's Agent
Hollie Frey
eXp Realty of California Inc
List Price
$400,000
Sold Price
$415,000
Premium/Discount to List
$15,000
3.75%
Current Estimated Value
$680,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,087
Avg. Annual Appreciation
6.07%
Original Mortgage
$407,483
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 1998
Sold by
Edwards David C
Bought by
Edwards David C and Edwards Pearl E
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Ervin Kim P $415,000 Provident Title
Edwards David C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ervin Kim P $610,500
Closed Ervin Kim P $495,000
Closed Ervin Kim P $459,401
Closed Ervin Kim P $449,438
Closed Ervin Kim P $447,700
Closed Ervin Kim P $407,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2018 01/10/18 Sold $415,000 +3.8% $308 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $400,000 -- $297 / Sq Ft
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 $5,814 $472,191 $377,755 $94,436
2024 $5,814 $462,934 $370,349 $92,585
2023 $5,707 $453,858 $363,088 $90,770
2022 $5,449 $444,960 $355,969 $88,991
2021 $5,381 $436,237 $348,990 $87,247
2019 $5,223 $423,300 $338,640 $84,660
2018 $544 $31,614 $21,518 $10,096
2016 $515 $30,389 $20,684 $9,705
2015 $510 $29,934 $20,374 $9,560
2014 $524 $29,348 $19,975 $9,373
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Curtis

    Seller's Agent in 2018

    Ricardo Curtis

    Jacob, Christopher & Lee Rlty

    (310) 674-9557

    1 in this area

    35 Total Sales

    Ricardo Curtis
    Section Image

  • H

    Buyer's Agent in 2018

    Hollie Frey

    eXp Realty of California Inc

    (310) 663-5580

    9 Total Sales

    Hollie Frey
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-281392

The MLS

APN: 5016-035-003

California Los Angeles County Los Angeles 90062 Vermont Square

1583 W 51st St, Los Angeles, CA

This home is located at 1583 W 51st St, Los Angeles, CA 90062 since 17 October 2017 and is currently estimated at $680,087, approximately $505 per square foot. This property was built in 1919. 1583 W 51st St is a home located in Los Angeles County with nearby schools including Western Avenue Technology Magnet, Normandie Avenue Elementary School, and Barack Obama Global Preparation Academy.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes