NOT LISTED FOR SALE

724 E 50th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $649,225 - $904,000

4 Beds
3 Baths
2,379 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $455,000 $191 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,850/month

Highlights

  • No HOA
  • Wall Furnace
  • 4-minute walk to 49th Street Park
  • Laundry Room

About This Home

As of October 2017

Triplex in the LA area

Last Agent to Sell the Property

Rodrigo Franco

RE/MAX TIME REALTY License #01917532 Listed on: 08/09/2017

RE/MAX TIME REALTY

Last Buyer's Agent

Rodrigo Franco

RE/MAX TIME REALTY License #01917532 Listed on: 08/09/2017

RE/MAX TIME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,544

Year Built

  • Built in 1924

Lot Details

  • 7,502 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Home Design

  • 2,379 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 7
  • Assessor Parcel Number 5108013010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,544

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5108013010
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2379.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 191.26

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 7502.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2292.00
  • Tax Lot: 17
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2020
Sold by
Garay Alfredo and Valenzuela Angelica
Bought by
Garay Alfredo and Valenzuela Angelica
Current Estimated Value
$804,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$389,747
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$415,059

Purchase Details

Listed on
Aug 9, 2017
Closed on
Oct 10, 2017
Sold by
Salgado Alejandra and Ramirez Rafael Salbado
Bought by
Garay Alfredo Christoba and Valenzuela Angelica
Seller's Agent
Rodrigo Franco
RE/MAX TIME REALTY
Buyer's Agent
Rodrigo Franco
RE/MAX TIME REALTY
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$441,849
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2014
Sold by
Salgado Jose
Bought by
Salgado Alejandra and Ramirez Rafael Salgado

Purchase Details

Closed on
Sep 8, 2005
Sold by
Ramirez Gloria and Salgado Jose Rafael
Bought by
Salgado Jose Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1998
Sold by
Salgado Jose Rafael and Salgado Josefina
Bought by
Ramirez Gloria and Salgado Jose Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,115
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 1997
Sold by
Ramirez Gloria
Bought by
Salgado Jose Rafael and Salgado Josefina

Purchase Details

Closed on
Oct 15, 1996
Sold by
Allen Margaret R Tr Allen Family Trust
Bought by
Ramirez Gloria and Salgado Jose Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
7.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Garay Alfredo -- Wfg National Title Co Of Ca
Garay Alfredo Christoba $450,000 First American Title Company
Salgado Alejandra -- None Available
Salgado Jose Rafael -- Security Union Title
Salgado Jose Rafael -- Security Union Title
Ramirez Gloria -- Stewart Title
Salgado Jose Rafael -- --
Ramirez Gloria $814,545 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garay Alfredo $440,000
Closed Garay Alfredo Christoba $441,849
Previous Owner Salgado Jose Rafael $263,000
Previous Owner Ramirez Gloria $155,115
Previous Owner Ramirez Gloria $156,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2017 10/30/17 Sold $455,000 +1.1% $191 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $450,000 -- $189 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,544 $597,356 $341,347 $256,009
2024 $7,544 $585,644 $334,654 $250,990
2023 $7,405 $574,162 $328,093 $246,069
2022 $7,072 $562,905 $321,660 $241,245
2021 $6,979 $551,868 $315,353 $236,515
2020 $7,045 $546,210 $312,120 $234,090
2019 $6,778 $535,500 $306,000 $229,500
2018 $6,626 $525,000 $300,000 $225,000
2016 $4,942 $388,840 $233,507 $155,333
2015 $4,873 $383,000 $230,000 $153,000
2014 $3,000 $218,982 $105,665 $113,317
Source: Public Records

Agents Affiliated with this Home

  • Rodrigo Franco

    Seller's Agent in 2017

    Rodrigo Franco

    RE/MAX

    (909) 559-4356

    202 Total Sales

    Rodrigo Franco
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17183680

California Regional Multiple Listing Service (CRMLS)

APN: 5108-013-010

California Los Angeles County Los Angeles 90011 South Park

724 E 50th St, Los Angeles, CA

This home is located at 724 E 50th St, Los Angeles, CA 90011 since 09 August 2017 and is currently estimated at $804,806, approximately $338 per square foot. This property was built in 1924. 724 E 50th St is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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