$1,400,000 Price Analysis   ♡   Los Angeles, CA 90011 6 bed 6 bath 2,870 SqFt ($487/SqFt) 9,937SqFt lot. Built 1915 Listed 2023-01-19, Taxes $11,798 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
The Avalon Park Development
* Has Contingent Offer *A 9, 937SF C2, Tier 1 TOC development site is located within the heart of South LA, across the street from the 20 -acre South Park that encompasses walking paths, a baseball diamond (lighted), basketball courts (lighted) and a seasonal pool. 606 E 51st St provides a developer with the opportunity to build up to a maximum of 38 units (Buyer to verify).
The property is 80 feet in width and 125 feet in depth, with a 15-foot wide alley on the East property line. The property is currently improvd with 6 detached bungalow structures; all one-bedroom + one-bathroom units. With the existing rents, the property presently provides a value-add investor with over 90+% of rental upside. Contact the listing broker today for additional information.
Presented by Shahram Shamounpour at
Keller Williams Realty Westside.
Property MLS #23-234037 from TheMLSCLAW
Full Bathrooms: 6
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9937
Calculated Total Monthly Association Fees: 0
Number of Units: 6
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2000, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2000, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2000, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2000, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 2000
County: Los Angeles
Directions: Avalon And 51TH STREET
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5103-001-004
Postal Code Plus 4: 4020
Zoning: LAC2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $204,000 + $714,000 $918,000 | $11,798 |
| 2021 | $130,877 + $146,481 $277,358 | $4,336 |
| 2020 | $129,536 + $144,980 $274,516 | $4,367 |
| 2019 | $126,997 + $142,138 $269,135 | $4,233 |
| 2018 | $124,507 + $139,351 $263,858 | $4,025 |
| 2017 | $122,066 + $136,619 $258,685 | $3,906 |
| 2016 | $119,673 + $133,941 $253,614 | $3,800 |
| 2015 | $117,876 + $131,930 $249,806 | $3,755 |
| 2014 | $115,567 + $129,346 $244,913 | $3,808 |
| 2013 | $115,045 + $128,762 $243,807 | $3,798 |
| 2012 | $112,790 + $126,238 $239,028 | $3,842 |
| 2010 | $110,579 + $123,763 $234,342 | $3,690 |
| 2009 | $110,014 + $123,131 $233,145 | $3,570 |
| 2009 | $109,753 + $122,839 $232,592 | $3,570 |
| 2008 | $107,857 + $120,717 $228,574 | $3,444 |
| 2007 | $105,743 + $118,350 $224,093 | $3,336 |
$1,400,000
TheMLSCLAW
Listing removed 2022-12-03
$0
TheMLSCLAW
Listing removed 2022-12-03
$0
TheMLSCLAW
Price Changed 2022-08-23
$1,400,000
TheMLSCLAW
Price Changed 2022-08-23
$1,400,000
TheMLSCLAW
Relisted 2022-07-05
$1,499,000
TheMLSCLAW
Relisted 2022-07-05
$1,499,000
TheMLSCLAW
Listing removed 2022-07-01
$0
TheMLSCLAW
Listing removed 2022-07-01
$0
TheMLSCLAW
Price Changed 2022-06-01
$1,499,000
TheMLSCLAW
Price Changed 2022-06-01
$1,499,000
TheMLSCLAW
Listed 2022-05-05
$1,600,000
TheMLSCLAW
Listed 2022-05-05
$1,600,000
TheMLSCLAW
Sold 2021-02-18
$900,000
CRMLS
Sold 1988-10-04
$160,000
Public Record
Year Built: 1915
Common Walls: Detached/No Common Walls
Living Area Source: Vendor Enhanced
Property Age: 109
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.