Seller's Agent in 2021
Noe Blanco
RE/MAX
(310) 508-7155
1 in this area
72 Total Sales
653 E 51st St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $918,000 - $1,069,000
8
Beds
7
Baths
3,535
Sq Ft
$282/Sq Ft
Est. Value
Highlights
- Cooling Available
- Wall Furnace
- 4-minute walk to 49th Street Park
- Laundry Room
- Front Yard
About This Home
As of August 2021Attention all first-time homebuyers, live in one unit and rent the other three! This is a great opportunity to be a landlord 653 E 51st, Los Angeles CA 90011. Is a 4 unit rental unit, 2 driveways, one the right one to the left, plenty of onsite parking. First unit has 3 bedrooms/2 baths. The second unit has 2bedroom/1bath. Third unit has 2bedroom/1bath. Fourth unit has 1bedroom/1bath. Close to public transportation, schools, shopping, major highways, adjacent to downtown LA. Beautiful front yard. Security gates for both driveways. Many upgrades, must see to appreciate. All tenants are on a month to month. Low maintenance.
Last Agent to Sell the Property
RE/MAX Alliance Group License #01787137 Listed on: 06/18/2021
Last Buyer's Agent
Daria Cernavskis
RE/MAX VISION License #02086946
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,271
Year Built
- Built in 1912
Lot Details
- 6,848 Sq Ft Lot
- 1 Common Wall
- Front Yard
Home Design
- Quadruplex
Interior Spaces
- 3,535 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 36 / D
- Tax Tract Number 229
- Assessor Parcel Number 5108012017
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,038
- Trash Expense $1,284
- Water Sewer Expense $660
- Operating Expense $3,584
- Gross Income $56,028
- Net Operating Income $52,046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2021
Closed on
Aug 19, 2021
Sold by
Baseri Sara
Bought by
Cohanshad Pouya
Seller's Agent
Noe Blanco
RE/MAX Alliance Group
Buyer's Agent
Daria Cernavskis
RE/MAX VISION
List Price
$890,000
Sold Price
$854,000
Premium/Discount to List
-$36,000
-4.04%
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
$143,253
Avg. Annual Appreciation
4.06%
Original Mortgage
$640,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 18, 2021
Closed on
Jul 16, 2021
Sold by
Tour John Runny and Tour Linda Nhek
Bought by
Baseri Saman and Cohanshad Pouya
Seller's Agent
Noe Blanco
RE/MAX Alliance Group
Buyer's Agent
Daria Cernavskis
RE/MAX VISION
List Price
$890,000
Sold Price
$854,000
Premium/Discount to List
-$36,000
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,500
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 2, 2020
Sold by
Tour John Runny and Tour Linda Nhek
Bought by
Tour John Runny and Tour Linda Nhek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 12, 2011
Sold by
Nhek Saren J
Bought by
Tour John Runny and Tour Linda Nhek
Purchase Details
Closed on
Sep 7, 2010
Sold by
Nhek Linda
Bought by
Nhek Saren J
Purchase Details
Closed on
Feb 1, 2010
Sold by
Vega Antonio Simon and Mariano Eugenia
Bought by
Nhek Saren J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 2, 2007
Sold by
Maldonado Julio
Bought by
Vega Antonio Simon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 23, 2004
Sold by
Moreno Norma
Bought by
Maldonado Julio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,460
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 4, 2002
Sold by
Benavides Juan Araujo
Bought by
Cardona Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,901
Interest Rate
6.6%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 19, 2002
Sold by
Garcia Adolfo Perez and Perez Clemencia Ramirez
Bought by
Benavides Juan Araujo
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 |
|---|---|---|---|
| Cohanshad Pouya | -- | Fidelity National Title Co | |
| Baseri Saman | $854,000 | Fidelity National Title Co | |
| Tour John Runny | -- | Ticor Title Company Of Ca | |
| Tour John Runny | -- | None Available | |
| Nhek Saren J | -- | Lawyers Title | |
| Nhek Saren J | $305,000 | Lawyers Title | |
| Vega Antonio Simon | $700,000 | Southland Title Corporation | |
| Maldonado Julio | -- | Landsafe Title | |
| Maldonado Julio | -- | Landsafe Title | |
| Cardona Dennis | $330,000 | United Title Company | |
| Cardona Dennis | $330,000 | Old Republic Title Company | |
| Benavides Juan Araujo | $152,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Baseri Saman | $640,500 | |
| Previous Owner | Tour John Runny | $350,000 | |
| Previous Owner | Nhek Saren J | $213,500 | |
| Previous Owner | Vega Antonio Simon | $560,000 | |
| Previous Owner | Maldonado Julio | $512,000 | |
| Previous Owner | Maldonado Julio | $381,460 | |
| Previous Owner | Cardona Dennis | $324,901 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2021 08/30/21 | Sold | $854,000 | -4.0% | $242 / Sq Ft |
| 06/18/2021 06/18/21 | For Sale | $890,000 | -- | $252 / 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 |
|---|---|---|---|---|
| 2024 | $11,271 | $888,501 | $572,220 | $316,281 |
| 2023 | $11,060 | $871,080 | $561,000 | $310,080 |
| 2022 | $10,558 | $854,000 | $550,000 | $304,000 |
| 2021 | $4,820 | $360,993 | $68,052 | $292,941 |
| 2020 | $4,860 | $357,293 | $67,355 | $289,938 |
| 2019 | $4,686 | $350,288 | $66,035 | $284,253 |
| 2018 | $4,543 | $343,421 | $64,741 | $278,680 |
| 2016 | $4,313 | $330,087 | $62,228 | $267,859 |
| 2015 | $4,254 | $325,130 | $61,294 | $263,836 |
| 2014 | $4,294 | $318,762 | $60,094 | $258,668 |
Source: Public Records
Agents Affiliated with this Home
-
Noe Blanco
-
D
Buyer's Agent in 2021
Daria Cernavskis
RE/MAX VISION
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IN21133303
APN: 5108-012-017
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