NOT LISTED FOR SALE

305 E 50th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $795,000 - $1,189,000

10 Beds
5 Baths
3,582 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2019

Last sale price $790,000 $221 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,482 / mo

30 Days on Market

About This Home

As of June 2019

Excellent investment opportunity 4plex with large units. All 4 units have upgraded kitchens and flooring. Unit mix is 3- 2 bed/1 bath and 1- 4 bed/2 bath. One unit will be delivered vacant. Each unit has 1 parking assigned. Tenants pay for their own gas and electricity owner pays water. Drive by only do not disturb tenants. Don't let this opportunity pass you by.

Last Agent to Sell the Property

Art Alas

Engel & Völkers Pasadena License #01907847 Listed on: 05/07/2019

Engel & Völkers Pasadena

Last Buyer's Agent

Morris Ghanei

JohnHart Corp. License #01236362

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,375 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • Carport
  • Parking Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5109008024

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

5,375 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5109008024
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Levels: Two

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5375.00
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5375.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Total Actual Rent: 4050.00

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

Closed on
Jan 28, 2021
Sold by
Bought by
Current Estimated Value
$1,014,817

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 7, 2019
Sold by
Bought by
Seller's Agent
Art Alas
Engel & Völkers Pasadena
Buyer's Agent
Morris Ghanei
JohnHart Corp.
List Price
$699,999
Sold Price
$790,000
Premium/Discount to List
$90,001
12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$592,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2019
Closed on
May 24, 2019
Sold by
Bought by
Seller's Agent
Art Alas
Engel & Völkers Pasadena
Buyer's Agent
Morris Ghanei
JohnHart Corp.
List Price
$699,999
Sold Price
$790,000
Premium/Discount to List
$90,001
12.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Accommodation
-- Orange Coast Title Company
$790,000 Orange Coast Title Company
-- None Available
-- Old Republic Title Company
-- --
-- Orange Coast Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $592,500
Previous Owner $323,000
Previous Owner $170,000
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
06/14/2019 06/14/19 Sold $790,000 +12.9% $221 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $699,999 -- $195 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $10,917 $870,189 $493,461 $376,728
2024 $10,777 $853,128 $483,786 $369,342
2023 $10,573 $836,400 $474,300 $362,100
2022 $10,212 $830,429 $473,030 $357,399
2021 $10,074 $814,147 $463,755 $350,392
2020 $10,172 $805,800 $459,000 $346,800
2019 $6,373 $500,030 $197,474 $302,556
2018 $6,267 $490,226 $193,602 $296,624
2016 $5,963 $471,191 $186,085 $285,106
2015 $5,879 $464,114 $183,290 $280,824
2014 $5,922 $455,024 $179,700 $275,324
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Art Alas

    Engel & Völkers Pasadena

    Section Image

  • M

    Buyer's Agent in 2019

    Morris Ghanei

    JohnHart Corp.

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819002113

Pasadena-Foothills Association of REALTORS®

APN: 5109-008-024

California Los Angeles County Los Angeles 90011 South Park

305 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.

Pasadena-Foothills Association of REALTORS® 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.

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