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523 West 51st Street

523 West 51st Street, Los Angeles, CA 90037
Property in Voices of 90037
Sold Oct 13, 2011
$265,000
$246,235 by Flagstar Bank Fsb
Mortgage Due Apr 01, 2047
Sold Nov 16, 2009
$165,000
523 West 51st Street in Los Angeles, CA was first built in 1915 and is 109 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 523 West 51st Street has 2,128 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,110 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 523 West 51st Street sold most recently in Oct 5, 2011 for a total of $265,000. If you work out the math, that's approximately a cost of $124.53 per sqft. Before that, the property was also sold for $165,000 in Oct 22, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,653 in taxes each year. 523 West 51st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $462,162. If we break it down further, the land itself was valued at $273,872. Improvements to the property, however, were assessed at a total of $188,290. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,110
  • Total Building Area: 2,128
  • Gross Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HARRY L BENNETTS FIGUEROA TRACT
  • Land Acres: 0.14
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: HARRY L BENNETTS FIGUEROA PLACE LOT/SEC 56

Ownership

  • Current Owner : RODRIGUEZ DELFINO
  • Current Owner 2: RAMIREZ ERIC R
  • Previous Owner : MIER EDWINA V
  • Owner Before Previous Owner: JP MORGAN CHASE BANK NATIONAL ASSOCIATIO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232120

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 52-A3
  • Parcel: 5018-021-023
  • Lot: 56
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.9967
  • Longitude: -118.284

    Address

  • Full Address: 523 W 51st St
  • Address - House Number: 523
  • Street Direction: W
  • Address - Street Name: 51st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C035
  • 4-Digit Zip Code: 3301
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,653
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2266
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 714,215
  • High Value: 876,077
  • Low Value: 552,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,235
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Apr 03, 2017
  • First Open Lien Mortgage Loan Amount: $246,235
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $462,162
  • Assessed Land Value: $273,872
  • Assessed Improvements Value: $188,290

    Sales

  • Current Sale Contract Date: Oct 05, 2011
  • Current Sale Recording Date: Oct 13, 2011
  • Current Sale Transaction ID: 1034206447
  • Current Sale Price: $265,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1389189
  • Previous Sale Recording Date: Nov 16, 2009
  • Previous Sale Contract Date: Oct 22, 2009
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 13, 2011
  • First Mortgage Loan Amount: $258,282
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2041

About South LA



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Frequently Asked Questions

What neighborhood is 523 West 51st Street located in?
The 523 West 51st Street is a located in the neighborhood of Voices of 90037 in South LA, Los Angeles.
What is the average sales price for listings in 523 West 51st Street?
The average sales price for units in 523 West 51st Street is $0 currently.

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