NOT LISTED FOR SALE

898 E 50th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $710,000 - $1,051,000

6 Beds
2 Baths
2,818 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 18, 2014

Last sale price $240,000 $85 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $4,788/month

33 Days on Market

About This Home

As of July 2014

Great opportunity for the investors! A large 5 Bedroom house in the front and a 1Bed /1Bath Duplex in the back.

Last Agent to Sell the Property

Corey Moore

World Team Realty License #01511367 Listed on: 03/01/2014

Last Buyer's Agent

Corey Moore

World Team Realty License #01511367 Listed on: 03/01/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,528 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,818 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 27
  • Assessor Parcel Number 5108014008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,440
  • Water Sewer Expense $2,940
  • New Taxes Expense $5,408
  • Gross Income $2,200
  • Net Operating Income $16,608

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2940.00
  • Zoning: LARD
  • Property Type: Residential Income
  • Parcel Number: 5108014008
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 85.17

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7528.00
  • Lot Size Acres: 0.1730

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1440.00
  • Lot Size Area: 7528.0000 Square Feet
  • Net Operating Income: 16608.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 816.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5408.00
  • Tax Lot: 13
  • Tax Tract Number: 27
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
Jun 30, 2014
Sold by
Valdez Isaias Juarez
Bought by
Golden Star Investment Properties Llc
Seller's Agent
Corey Moore
World Team Realty
Buyer's Agent
Corey Moore
World Team Realty
List Price
$290,000
Sold Price
$240,000
Premium/Discount to List
-$50,000
-17.24%
Current Estimated Value
$827,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,667
Avg. Annual Appreciation
11.40%
Original Mortgage
$295,000
Outstanding Balance
$224,195
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$603,472

Purchase Details

Closed on
Jun 16, 2004
Sold by
Dejuarez San Juana Velasquez
Bought by
Valdez Isaias Juarez

Purchase Details

Closed on
Apr 7, 2004
Sold by
First Community Investments
Bought by
Valdez Isaias Juarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Hernandez Marco and Caballero Chris
Bought by
First Community Investments and Mcc Financial Network Llc

Purchase Details

Closed on
Oct 30, 2003
Sold by
Harris Rosa L and Estate Of Thelma Lee Scruggs
Bought by
Hernandez Marco and Caballero Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2003
Sold by
Larrea Veronica C
Bought by
Hernandez Marco

Purchase Details

Closed on
Mar 7, 2003
Sold by
Harris Rosa L and The Ray S & Rosa L Harris Fami
Bought by
Hernandez Marco and Caballero Chris

Purchase Details

Closed on
Feb 10, 1997
Sold by
Harris Ray S and Harris Rosa L
Bought by
Harris Ray S and Harris Rosa L

Purchase Details

Closed on
Oct 24, 1996
Sold by
Harris Ray S and Harris Rosa L
Bought by
Harris Ray S and Harris Rosa L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Golden Star Investment Properties Llc $240,000 North American Title Co Inc
Valdez Isaias Juarez -- Lawyers Title
Valdez Isaias Juarez $365,000 Land America Lawyers Title
First Community Investments -- --
Hernandez Marco -- Fidelity
Hernandez Marco -- Fidelity
Hernandez Marco -- Fidelity National Title
Harris Ray S -- --
Harris Ray S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Star Investment Properties Llc $295,000
Previous Owner Valdez Isaias Juarez $255,500
Previous Owner Hernandez Marco $154,000
Closed Valdez Isaias Juarez $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2014 07/18/14 Sold $240,000 -17.2% $85 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $290,000 -- $103 / 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 $5,566 $426,645 $264,403 $162,242
2024 $5,566 $418,280 $259,219 $159,061
2023 $5,466 $410,080 $254,137 $155,943
2022 $5,226 $402,040 $249,154 $152,886
2021 $5,151 $394,158 $244,269 $149,889
2020 $5,196 $390,118 $241,765 $148,353
2019 $5,006 $382,470 $237,025 $145,445
2018 $4,857 $374,972 $232,378 $142,594
2016 $4,621 $360,413 $223,355 $137,058
2015 $4,798 $355,000 $220,000 $135,000
2014 $5,407 $415,030 $222,866 $192,164
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Corey Moore

    World Team Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14025085

California Regional Multiple Listing Service (CRMLS)

APN: 5108-014-008

California Los Angeles County Los Angeles 90011 South Park

898 E 50th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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