6 months on rocket

982 E 50th St, Los Angeles, CA, 90011

$1,350,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
7 Baths
5,503 SqFt
$245/SqFt
House
Schools Nearby

Location

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982 E 50th St, Los Angeles$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage
Year Built1962
HeatingWall Furnace
CoolingNone
ViewNone
MLS #23329147
Lot Size0.17 Acres
StatusActive

About 982 E 50th St

Great opportunity to own a 6 unit complex in one of LA's oldest pockets. 2 units to be delivered vacant (units 1 & 3). Unit 1 (owners unit) is a 4 bedroom/2 bathroom. Balance of the units are all 2/1. Gas & Electric individually metered. Upgraded electrical in all units. Earthquake Retrofit. Gas Shut Off. Most all pipes Copper pipes. New Windows. Buyer to perform all due diligence in regards to square footage and any outstanding City/County ordinances. Property Sold AS-IS. Seller will not make any repairs or warranties. Please do not walk the property and please do not disturb tenants. For all showings please call LA 1.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2
  • Living Area: 5,503 SqFt

Listing Office:

  • Office Name: Jimmi Weaver, Broker
  • Office Phone: (310) 968-4805
  • Listing Agent: Jimmi Weaver

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 14

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • George Washington Carver Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Forty-Ninth Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: 110 S exit 51st, Left on 51st, Left on Avalon, Right on 50th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $245/SqFt

Tax Information:

  • Annual Amount: $8,124
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

982 E 50th St vs Los Angeles

180 DAYS ON ROCKET

+146 Days

$1,350,000

+$363.5K More

$245/SqFt

-$387 Less

KEY TAKEAWAY

This property is $363.5K more than the Median Sold Price and $387/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23329147

Listing Office:

  • Office Name: Jimmi Weaver, Broker
  • Office Phone: (310) 968-4805
  • Listing Agent: Jimmi Weaver

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,124$597,570
2020$2,371$118,082
2019$2,220$115,768
2018$2,141$113,499
2017$2,141$111,275

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6629921
2
/10

  • Forty-Ninth Street Elementary School

  • 750 E 49th St

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-6629922
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.81 miles

  • Public Magnet Grades KG-6

school-card-donut-6629923
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 19.65 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6629924
3
/10

  • George Washington Carver Middle School

  • 4410 Mckinley Ave

  • 0.46 miles

  • Public District Grades 6-8

school-card-donut-6629925
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.51 miles

  • Public District Grades 6-8

High School

school-card-donut-6629926
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.84 miles

  • Public Magnet Grades 9-12

school-card-donut-6629927
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 19.34 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,909. The majority of Los Angeles, CA residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 982 E 50th St

What is the listing price of this property?

The listing price of 982 E 50th St property is $1,350,000.

What type of property is this?

The property 982 E 50th St is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 982 E 50th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 982 E 50th St are:
Forty-Ninth Street Elementary School: GreatSchools Rating 2/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
George Washington Carver Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,124 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 982 E 50th St has 14 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 982 E 50th St is 5,503 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 982 E 50th St is 1962.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›982 E 50th St

This home is located at 982 E 50th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 5,503 square foot home, which was built in 1962, sits on a 0.17 acre lot. Features: 14 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $1,350,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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