***INVESTOR OPPORTUNITY*** Unlock the full potential of this 3-bedroom, 2-bathroom fixer-upper, offering endless possibilities for value and growth. With R2 zoning and a generous lot size, there's the option to add an ADU, build an additional unit, or expand the current home, maximizing its investment appeal. Conveniently located near Downtown LA with easy access to the 110 and 10 freeways, this property is a prime canvas for savvy investors looking to capitalize on its location and versatility. Seize this rare chance to turn potential into profit!
Sold for $500,000
Listed by: NextHome Real Estate Rockstars • Stephanie Ramos • Contact: 661-262-9224
Bought with: NextHome Real Estate Rockstars
Tax assessed value
$500,000
350 E 56th St, Los Angeles, CA 90011
3beds
806sqft
Single Family Residence
Built in 1921
5,096 Square Feet Lot
$578,300 Zestimate®
$620/sqft
$3,687 Estimated rent
Home value
$578,300
$520,000 - $642,000
$3,687/mo
Zestimate® history
Owner options
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$3,687/mo
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$3,687/mo
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$3,203/mo
Est. payment
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$3,203/mo
Est. payment
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Generous lot size
Zillow last checked:
Listing updated:
Listed by:
Stephanie Ramos DRE #02079333 661-433-5062,
NextHome Real Estate Rockstars,
Andres Ramos DRE #01956344,
NextHome Real Estate Rockstars
Bought with:
Andres Ramos, DRE #01956344
NextHome Real Estate Rockstars
Source: CRMLS,MLS#: SR24214779
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bedroom, Living Room
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: Laundry Room, Outside
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 806 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,096 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5101009032
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $620/sqft
- Tax assessed value: $500,000
- Annual tax amount: $6,182
- Date on market: 10/16/2024
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $500,000-4.8%$620/sqft |
Source:  CRMLS #SR24214779 Report a problem | ||
| 10/29/2024 | Pending sale | $525,000$651/sqft |
Source:  NextHome #SR24214779 Report a problem | ||
| 10/16/2024 | Listed for sale | $525,000+581.8%$651/sqft |
Source: CRMLS #SR24214779 Report a problem | ||
| 2/3/1994 | Sold | $77,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,182 +193.6% | $500,000 +222.2% |
| 2024 | $2,105 +1.8% | $155,174 +2% |
| 2023 | $2,068 +4.6% | $152,132 +2% |
| 2022 | $1,977 +1.3% | $149,150 +2% |
| 2021 | $1,951 -0.8% | $146,227 +1% |
| 2020 | $1,967 | $144,729 +2% |
| 2019 | $1,967 +7.6% | $141,892 +2% |
| 2018 | $1,828 | $139,111 +2% |
| 2017 | $1,828 +2.3% | $136,384 +2% |
| 2016 | $1,788 +2.6% | $133,711 +1.5% |
| 2015 | $1,742 +0.5% | $131,703 +2% |
| 2014 | $1,733 | $129,124 +2.5% |
| 2012 | -- | $126,022 +2% |
| 2011 | -- | $123,552 +0.8% |
| 2010 | -- | $122,630 -0.2% |
| 2009 | -- | $122,923 +2% |
| 2008 | -- | $120,513 +2% |
| 2007 | -- | $118,151 +2% |
| 2006 | -- | $115,835 |
| 2005 | -- | $115,835 +4% |
| 2004 | -- | $111,339 +23.2% |
| 2003 | -- | $90,357 +2% |
| 2002 | -- | $88,586 +4% |
| 2000 | -- | $85,148 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 2/10Estrella Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Los Angeles Academy MiddleGrades: 6-8Distance: 0.2 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 0.2 mi
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Estimated market value
$578,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$578,300
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