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1550 West 50th Street

1550 West 50th Street, Los Angeles, CA 90062
Refi Feb 28, 2018
Transfer
$250,000 by American Financial Network Inc
Mortgage Due Mar 01, 2048
1550 West 50th Street in Los Angeles, CA was first built in 1911 and is 113 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1550 West 50th Street has 1,248 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. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 5,385 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 B. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 1550 West 50th Street was last assessed in 2023. The total value of the property was assessed at $204,748. Specifically, the land the property is located on was valued at $161,332. While improvements on the property were assessed at a total of $43,416. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $2,534. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,385
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DERBY PARK TRACT
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DERBY PARK TRACT STRIP OF LAND ADJ ON S EXTENDING S TO N LINE OF TR # 971 AND LOT/SEC 104

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232401

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 51-E3
  • Subdivision Tract Number: 971
  • Parcel: 5016-035-025
  • Lot: 104
  • Municipality: WEST /SO. WEST L.A.
  • Latitude: 33.998
  • Longitude: -118.305

    Address

  • Full Address: 1550 W 50th St
  • Address - House Number: 1550
  • Street Direction: W
  • Address - Street Name: 50th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C004
  • 4-Digit Zip Code: 2401
  • Zip Code: 90062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,534
  • Tax Rate Code Area: 00-212

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 691,475
  • High Value: 850,592
  • Low Value: 532,358

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Feb 28, 2018
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,748
  • Assessed Land Value: $161,332
  • Assessed Improvements Value: $43,416

    Exemptions

  • Homeowner Exemption: Yes

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Frequently Asked Questions

What neighborhood is 1550 West 50th Street located in?
The 1550 West 50th Street is a located in the neighborhood of Chesterfield Square in South LA, Los Angeles.
What is the average sales price for listings in 1550 West 50th Street?
The average sales price for units in 1550 West 50th Street is $0 currently.

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