Seller's Agent in 2023
Roberto Rivas Cortes
Vismar Real Estate
(310) 343-2405
1 in this area
38 Total Sales
622 E 51st St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $595,000 - $653,947
2
Beds
1
Bath
1,120
Sq Ft
$550/Sq Ft
Est. Value
Highlights
- Bonus Room
- Neighborhood Views
- 3-minute walk to 49th Street Park
- No HOA
- 1-Story Property
About This Home
As of May 2023Price to sell, Amazing opportunity to flip or renovated and live in Single Family Residence home with LAR2 zoning perfect to build an ADU with a great.
This 2-bedroom, 1-bathroom house located close to downtown Los Angeles is a fantastic opportunity . In addition to the bedrooms , the house also features a bonus room that can be used as an office. While the house needs a little bit of work, it presents a great opportunity for those with a creative eye and a willingness to roll up their sleeves.
The exterior of the house has a small front yard. The living room has great natural light and is spacious enough to accommodate a variety of furniture arrangements. The kitchen, while needing some updating, has the potential to be a great space for cooking and entertaining.
The bedrooms are a good size and have plenty of closet space. The bathroom, while in need of some TLC, has great potential with a classic layout and features that can be updated to modern finishes.
The bonus room is a great addition and could be used as an additional bedroom, an office, or a family room. With a little bit of work, this house could be transformed into a charming and comfortable home and also plenty parking in the back yard . Its location close to downtown Los Angeles means easy access to great restaurants, shopping, and entertainment. Don't miss out on this opportunity to create your dream home or great investment.
Last Agent to Sell the Property
Vismar Real Estate License #01977243 Listed on: 04/06/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1904
Lot Details
- 4,659 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR2
Parking
- 2 Car Garage
Interior Spaces
- 1,120 Sq Ft Home
- 1-Story Property
- Bonus Room
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Private Water Source
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 229
- Assessor Parcel Number 5103001005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 29, 2024
Sold by
Sanchez Carlos Manuel and Espinoza-Sanchez Gregorio
Bought by
Sanchez Carlos Manuel
Current Estimated Value
Purchase Details
Listed on
Apr 6, 2023
Closed on
Apr 14, 2023
Sold by
Rivas Faustino
Bought by
Sanchez Carlos Manuel and Espinoza-Sanchez Gregorio
Seller's Agent
Roberto Rivas Cortes
Vismar Real Estate
Buyer's Agent
Karina Salazar
T.N.G. Real Estate Consultants
List Price
$549,900
Sold Price
$570,000
Premium/Discount to List
$20,100
3.66%
Views
79
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$559,675
Interest Rate
6.28%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 28, 2018
Sold by
Rivas Faustian
Bought by
Rivas Faustino and Rivas Joana B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
4.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2003
Sold by
Ulloa Rosaura
Bought by
Rivas Faustino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 2003
Sold by
Yelder Josephine
Bought by
Rivas Faustino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Sanchez Carlos Manuel | -- | None Listed On Document | |
| Sanchez Carlos Manuel | $570,000 | Wfg Title Company | |
| Rivas Faustino | -- | Ticor Title | |
| Rivas Faustino | -- | Landsafe Title | |
| Rivas Faustino | $165,000 | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sanchez Carlos Manuel | $559,675 | |
| Previous Owner | Rivas Faustino | $243,000 | |
| Previous Owner | Rivas Faustino | $132,000 | |
| Closed | Rivas Faustino | $33,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2023 05/18/23 | Sold | $570,000 | +3.7% | $509 / Sq Ft |
| 04/06/2023 04/06/23 | For Sale | $549,900 | -- | $491 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,261 | $595,472 | $446,588 | $148,884 |
| 2024 | $7,261 | $581,400 | $443,496 | $137,904 |
| 2023 | $2,907 | $225,468 | $171,361 | $54,107 |
| 2022 | $2,776 | $221,048 | $168,001 | $53,047 |
| 2021 | $2,737 | $216,714 | $164,707 | $52,007 |
| 2019 | $2,657 | $210,288 | $159,823 | $50,465 |
| 2018 | $2,644 | $206,166 | $156,690 | $49,476 |
| 2016 | $2,520 | $198,161 | $150,606 | $47,555 |
| 2015 | $2,485 | $195,185 | $148,344 | $46,841 |
| 2014 | $2,501 | $191,363 | $145,439 | $45,924 |
Source: Public Records
Agents Affiliated with this Home
-
Roberto Rivas Cortes
-
Karina Salazar
Buyer's Agent in 2023
Karina Salazar
T.N.G. Real Estate Consultants
(323) 439-8022
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23049933
APN: 5103-001-005
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 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
Nearby Homes
- 420 E 51st St
- 657 E 53rd St
- 626 E 54th St
- 437 Park Front Walk
- 448 E 48th St
- 680 E 47th St
- 904 E 52nd Place
- 631 E 47th St
- 871 E 49th St
- 4129 Avalon Blvd
- 359 56th St
- 300 E 55th St
- 4457 Mettler St
- 1038 E 53rd St
- 4450 Towne Ave
- 5102 Woodlawn Ave
- 4607 Wadsworth Ave
- 401 E 46th St
- 334 E 57th St
- 240 E 56th St