NOT LISTED FOR SALE

702 W 50th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $617,000 - $883,182

6 Beds
3 Baths
2,188 Sq Ft
$329/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $495,000 $226 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,423/month

110 Days on Market

About This Home

As of September 2022

MULTIPLE OFFER SITUATION. HIGHEST, BEST AND FINAL OFFERS DUE 8/23/2022 BY 10:59 PM. Property is priced for an immediate sale! Submit all reasonable offers!! Two unit property in great location on 50th Street, South of USC, the Coliseum and LAFC Stadium. Property is currently tenant occupied and property will not be delivered vacant. Buyer will be responsible for relocating occupants at buyer's own expense. Front unit is a 3 + 2 and rear unit is a 3 + 1. Rents are not being collected and seller has no estoppel certificates to provide. Condition is unknown and interior access will NOT be made available. Please e-mail listing agent with any questions. PLEASE DO NOT DISTURB OCCUPANTS UNDER ANY CIRCUMSTANCES.

Last Agent to Sell the Property

Cesar Reinoso

Reinoso Properties License #01117316 Listed on: 05/13/2022

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,435

Year Built

  • Built in 1908

Lot Details

  • 6,112 Sq Ft Lot

Home Design

  • 2,188 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5018-020-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,435

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2188
  • Lot Acreage: 0.1403
  • Year Built: 1908
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 228.47

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 43.73
  • Assessed Improvement Value: 275210
  • Assessed Land Percent: 56.27
  • Assessed Land Value: 354128
  • Total Assessed Value: 629338
  • Assessor Parcel Number: 5018-020-006
  • Lot Size Area: 6112

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2 on a lot
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Sep 21, 2022
Sold by
Home Equity Asset Trust
Bought by
Mariduvan Incorporated
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$572,000
Sold Price
$495,000
Premium/Discount to List
-$77,000
-13.46%
Views
49
Current Estimated Value
$718,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,796
Avg. Annual Appreciation
12.78%

Purchase Details

Closed on
May 10, 2021
Sold by
Oliva Nazario and Oliva Maura
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 22, 2006
Sold by
Oliva Nazario and Oliva Maura
Bought by
Oliva Nazario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
9.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Oliva Nazario
Bought by
Oliva Nazario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
8.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2004
Sold by
Chavez Maria L
Bought by
Oliva Nazario

Purchase Details

Closed on
Feb 12, 2004
Sold by
Oliva Nazario and Chacon Adelfo
Bought by
Chavez Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 1999
Sold by
Oliva Nazario and Chacon Adelfo
Bought by
Oliva Nazario

Purchase Details

Closed on
Nov 1, 1996
Sold by
Ahumada Fernando
Bought by
Casablanca Realty Network Inc and Casablanca Investment Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,950
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1996
Sold by
Casablanca Realty Network Inc
Bought by
Oliva Nazario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,950
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1996
Sold by
Ahumada Angelica
Bought by
Ahumada Fernando

Purchase Details

Closed on
Jun 13, 1996
Sold by
Bankers Trust Company
Bought by
Ahumada Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.2%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Powell Theadry and Powell Cleo
Bought by
Bankers Trust Company

Purchase Details

Closed on
Jun 1, 1995
Sold by
Powell Theadry
Bought by
The Wall Trust and The Powell Trust
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Mariduvan Incorporated $495,000 Servicelink
U S Bank National Association $560,000 None Available
Oliva Nazario -- Lawyers Title
Oliva Nazario -- North American Title Co
Oliva Nazario -- North American Title Co
Oliva Nazario -- --
Chavez Maria L $240,000 North American Title Co
Oliva Nazario -- --
Casablanca Realty Network Inc -- First Southwestern Title Co
Oliva Nazario $175,000 First Southwestern Title
Ahumada Fernando -- First Southwestern Title Co
Ahumada Fernando $111,000 First Southwestern Title Co
Bankers Trust Company $110,437 Fidelity National Title Ins
The Wall Trust $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oliva Nazario $357,500
Previous Owner Oliva Nazario $294,000
Previous Owner Chavez Maria L $192,000
Previous Owner Oliva Nazario $10,000
Previous Owner Oliva Nazario $170,950
Previous Owner Ahumada Fernando $50,000
Closed Chavez Maria L $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $495,000 -1.0% $226 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $499,900 -8.3% $228 / Sq Ft
06/23/2022 06/23/22 Price Changed $544,900 -4.7% $249 / Sq Ft
05/13/2022 05/13/22 For Sale $572,000 -- $261 / 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 $6,435 $514,998 $364,140 $150,858
2024 $6,435 $504,900 $357,000 $147,900
2023 $6,319 $495,000 $350,000 $145,000
2022 $8,702 $714,000 $285,600 $428,400
2021 $7,674 $629,338 $354,128 $275,210
2020 $7,749 $623,126 $350,497 $272,629
2019 $7,447 $610,914 $343,625 $267,289
2018 $7,345 $598,941 $336,888 $262,053
2016 $7,011 $575,455 $323,807 $251,648
2015 $6,909 $566,812 $318,944 $247,868
2014 $6,941 $555,710 $312,697 $243,013
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cesar Reinoso

    Reinoso Properties

    (949) 201-8050

    1 in this area

    17 Total Sales

    Cesar Reinoso
    Section Image

  • S

    Buyer's Agent in 2022

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 22-157145

The MLS

APN: 5018-020-006

California Los Angeles County Los Angeles 90037 Vermont Square

702 W 50th St, Los Angeles, CA

This home is located at 702 W 50th St, Los Angeles, CA 90037 since 13 May 2022 and is currently estimated at $718,796, approximately $328 per square foot. This property was built in 1908. 702 W 50th St is a home located in Los Angeles County with nearby schools including Fifty-Second Street Elementary School, John Muir Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

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.
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