B
Seller's Agent in 2019
Bayron Bliss
Bayron Bliss, Broker
(310) 901-6010
2 in this area
17 Total Sales
524 W 50th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $719,000 - $896,000
5
Beds
2
Baths
1,775
Sq Ft
$451/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
About This Home
As of April 2019imagine owning your own property, limited down payment assistance funds available, live in one unit front unit ready for owner occupancy it has been upgraded, front unit is 3 bedrooms 1 bath, refinished kitchen cabinets, quartz counter tops. Both units have open floor space. flooring is Tile, laminate, and water proofing. If you are a buy and hold investor looking for passive income rent both units. Property is well taken care and has upside. Rear unit is 2 bedrooms 1 bath that was built 2007. Long driveway, 1 two car garage and 3 open parking spaces. Each unit has central heating and A/C, separate water, electric and gas meters. Property is practically maintenance free. Close to all the buzz: coming Rams/Chargers NFL stadium, USC Village, transit lines, freeways, Exposition Park, DTLA, Banc of California Stadium and more. Property is located in the Vermont Square neighborhood, home to Vermont Square Park – as well as Julian C. Dixon Park, named after the late politician. Vermont Square Library is one of LA’s remaining Carnegie libraries. Schedule private tour.
Last Agent to Sell the Property
Bayron Bliss, Broker License #01210930 Listed on: 10/24/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,842
Year Built
- Built in 1941
Lot Details
- 6,111 Sq Ft Lot
- 1 Common Wall
Parking
- 3 Open Parking Spaces
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,775 Sq Ft Home
- 1-Story Property
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Location
- Property is near public transit
- Urban Location
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, sewer, trash collection, water
- Tax Lot 9
- Tax Tract Number 2321
- Assessor Parcel Number 5018021007
Community Details
Overview
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $600
- New Taxes Expense $7,562
- Operating Expense $8,162
- Net Operating Income $11,638
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2018
Closed on
Apr 8, 2019
Sold by
Roman Francisco G
Bought by
Voskanyan Harutyun and Voskanyan Hovanes
Seller's Agent
Bayron Bliss
Bayron Bliss, Broker
Buyer's Agent
Mirella Nazarian
1Vision Real Estate
List Price
$648,000
Sold Price
$645,000
Premium/Discount to List
-$3,000
-0.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,014
Avg. Annual Appreciation
3.44%
Original Mortgage
$483,750
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2016
Sold by
Ascencio Maria M
Bought by
Roman Francisco G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.16%
Mortgage Type
Unknown
Purchase Details
Listed on
Aug 24, 2011
Closed on
Jan 6, 2012
Sold by
Ascencio Alejandro A
Bought by
Ascencio Maria M
Seller's Agent
Bayron Bliss
Berkshire Hathaway Hm Ser
Buyer's Agent
Bayron Bliss
Berkshire Hathaway Hm Ser
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$165,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 24, 2011
Closed on
Dec 14, 2011
Sold by
Deleon Jorge L and De Leon Sara
Bought by
Ascencio Maria M
Seller's Agent
Bayron Bliss
Berkshire Hathaway Hm Ser
Buyer's Agent
Bayron Bliss
Berkshire Hathaway Hm Ser
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 9, 2008
Sold by
Roman Francisco G
Bought by
Hernandez Ignacio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2008
Sold by
Hernandez Ignacio
Bought by
Deleon Jorge L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 15, 2007
Sold by
Hernandez Ignacio
Bought by
Hernandez Ignacio
Purchase Details
Closed on
Oct 31, 2006
Sold by
Price William Davis
Bought by
Hernandez Ignacio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 3, 2005
Sold by
Price Marie B
Bought by
Price William Davis
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Voskanyan Harutyun | $645,000 | Orange Coast Title Company | |
| Roman Francisco G | -- | Orange Coast Title Co Socal | |
| Roman Francisco G | -- | Orange Coast Title Co Socal | |
| Ascencio Maria M | -- | Orange Coast Title Company | |
| Ascencio Maria M | $220,000 | Orange Coast Title Company | |
| Hernandez Ignacio | -- | United Title | |
| Hernandez Ignacio | -- | United Title | |
| Deleon Jorge L | $515,000 | United Title | |
| Hernandez Ignacio | -- | Fidelity National Title Co | |
| Hernandez Ignacio | $420,000 | Fidelity National Title Co | |
| Price William Davis | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Voskanyan Harutyun | $476,821 | |
| Closed | Voskanyan Harutyun | $483,750 | |
| Previous Owner | Roman Francisco G | $150,000 | |
| Previous Owner | Ascencio Maria M | $47,160 | |
| Previous Owner | Ascencio Maria M | $220,000 | |
| Previous Owner | Ascencio Maria M | $165,000 | |
| Previous Owner | Hernandez Ignacio | $411,500 | |
| Previous Owner | Deleon Jorge L | $411,500 | |
| Previous Owner | Hernandez Ignacio | $336,000 | |
| Previous Owner | Price Marie B | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2019 04/26/19 | Sold | $645,000 | -0.5% | $363 / Sq Ft |
| 03/22/2019 03/22/19 | Pending | -- | -- | -- |
| 03/14/2019 03/14/19 | For Sale | $648,000 | +0.5% | $365 / Sq Ft |
| 02/13/2019 02/13/19 | Off Market | $645,000 | -- | -- |
| 02/02/2019 02/02/19 | Price Changed | $605,000 | 0.0% | $341 / Sq Ft |
| 02/02/2019 02/02/19 | For Sale | $605,000 | -6.2% | $341 / Sq Ft |
| 01/21/2019 01/21/19 | Off Market | $645,000 | -- | -- |
| 01/21/2019 01/21/19 | For Sale | $589,000 | -8.7% | $332 / Sq Ft |
| 12/21/2018 12/21/18 | Off Market | $645,000 | -- | -- |
| 12/21/2018 12/21/18 | For Sale | $589,000 | -8.7% | $332 / Sq Ft |
| 11/21/2018 11/21/18 | Off Market | $645,000 | -- | -- |
| 10/24/2018 10/24/18 | For Sale | $589,000 | +167.7% | $332 / Sq Ft |
| 01/19/2012 01/19/12 | Sold | $220,000 | -4.3% | $124 / Sq Ft |
| 01/05/2012 01/05/12 | Pending | -- | -- | -- |
| 08/24/2011 08/24/11 | For Sale | $230,000 | -- | $130 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,842 | $719,504 | $557,756 | $161,748 |
| 2024 | $8,842 | $705,397 | $546,820 | $158,577 |
| 2023 | $8,678 | $691,567 | $536,099 | $155,468 |
| 2022 | $8,285 | $678,008 | $525,588 | $152,420 |
| 2021 | $8,178 | $664,715 | $515,283 | $149,432 |
| 2019 | $3,110 | $384,948 | $234,090 | $150,858 |
| 2018 | $4,672 | $377,400 | $229,500 | $147,900 |
| 2016 | $2,997 | $233,426 | $159,154 | $74,272 |
| 2015 | $2,956 | $229,921 | $156,764 | $73,157 |
| 2014 | $2,981 | $225,418 | $153,694 | $71,724 |
Source: Public Records
Agents Affiliated with this Home
-
Bayron Bliss
-
Mirella Nazarian
M
Buyer's Agent in 2019
Mirella Nazarian
1Vision Real Estate
(818) 693-1957
8 Total Sales
-
Rande Gray
Buyer Co-Listing Agent in 2019
Rande Gray
Keller Williams Realty
(310) 614-2839
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS18258059
APN: 5018-021-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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