NOT LISTED FOR SALE
12 Beds
6 Baths
5,807 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: March 1, 2022

Last sale price $1,050,000 $181 Per Sq Ft

10 Days on Market

About This Home

As of March 2022

Fantastic opportunity to acquire 915 E. 50th Street Apartments. The unit mix consists of three x one bedroom/one bath, and one x two bedroom/one bath, and two x two bedroom/one bath townhome apartments. Each unit is separately metered and has individual water heaters. The on-site laundry is owned, and the property is situated on a 12,652 square foot parcel with ten parking spaces. Currently one apartment is vacant and rent ready. Potential to construct detached ADUs with the excess land on the site. Buyer to verify with city of Los Angeles regarding ADU development

Last Agent to Sell the Property

Robert Leveen

Robert Leveen License #01476685 Listed on: 02/01/2022

Robert Leveen

Last Buyer's Agent

Myung Shin

Mega Realty License #01857653

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 12,653 Sq Ft Lot
  • Lot Dimensions are 81x156

Interior Spaces

  • 5,807 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Utilities

  • Gravity Heating System

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5108-016-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5807
  • Lot Acreage: 0.2905
  • Lot Dimensions: 81x156
  • Stories: 2
  • Year Built: 1905
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 189.08

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 10

Utilities

  • Heating: Gravity

Lot Info

  • Assessed Improvement Percent: 70.00
  • Assessed Improvement Value: 92912
  • Assessed Land Percent: 30
  • Assessed Land Value: 39816
  • Total Assessed Value: 132728
  • Assessor Parcel Number: 5108-016-030
  • Lot Size Area: 12653

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.04
  • Number Of Units: 6
  • Type Of Units: apartment

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Feb 16, 2022
Sold by
Bought by
Seller's Agent
Robert Leveen
Robert Leveen
Buyer's Agent
Myung Shin
Mega Realty
List Price
$1,098,000
Sold Price
$1,050,000
Premium/Discount to List
-$48,000
-4.37%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,872
Interest Rate
4.92%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,050,000 Lawyers Title
$99,000 None Available
$325,000 Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $273,000
Previous Owner $275,000
Previous Owner $355,872
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $1,050,000 -4.4% $181 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,098,000 -- $189 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,642 $1,114,268 $689,785 $424,483
2024 $14,424 $1,092,420 $676,260 $416,160
2023 $14,164 $1,071,000 $663,000 $408,000
2022 $2,885 $135,382 $40,612 $94,770
2021 $2,823 $132,728 $39,816 $92,912
2019 $2,819 $128,793 $38,636 $90,157
2018 $2,588 $126,269 $37,879 $88,390
2016 $2,388 $121,367 $36,409 $84,958
2015 $2,366 $119,545 $35,863 $83,682
2014 $2,417 $117,204 $35,161 $82,043
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-124057

The MLS
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