This beautifully maintained family home, lovingly cared for by owner for 45 years, is now on the market. Situated in an R2 Zone, it offers significant potential for value addition with the possibility of an ADU or the construction of a new unit. The property boasts a spacious 7,500 sq ft lot with a large backyard. Inside, you'll find 3 bedrooms, 2 bathrooms, and a den with views of the backyard. The home also features a formal dining room, a new roof, and a long driveway leading (extra parking space) to a 2-car detached garage. Conveniently located near schools, markets, public transportation, the 110 and 10 freeways and just a short drive to DTLA, this home is a MUST-SEE to fully appreciate its charm and potential!
Sold for $715,000
Listed by: Expert Real Estate & Investment • Caroline Gim • Contact: 800-424-9622
Bought with: Oscar Maldonado
Tax assessed value
$715,000
703 E 51st St, Los Angeles, CA 90011
3beds
1,650sqft
Single Family Residence
Built in 1930
7,503 Square Feet Lot
$882,700 Zestimate®
$433/sqft
$3,700 Estimated rent
Home value
$882,700
$812,000 - $962,000
$3,700/mo
Zestimate® history
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$4,526/mo
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Zillow last checked:
Listing updated:
Listed by:
Caroline Gim DRE #01366389 resteam@expertrei.com,
Expert Real Estate & Investment,
Aurora Gim DRE #00899718,
Expert Real Estate & Investment
Bought with:
Oscar Maldonado, DRE #01151242
Oscar Maldonado
Source: CRMLS,MLS#: PW24100500
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: Inside
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: 1,650 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Steps
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,503 Square Feet
- Features: Front Yard
Details
- Parcel number: 5108013021
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $433/sqft
- Tax assessed value: $715,000
- Annual tax amount: $8,869
- Date on market: 5/28/2024
- Cumulative days on market: 50 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | $715,000+2.3%$433/sqft |
Source:  CRMLS #PW24100500 Report a problem | ||
| 8/13/2024 | Pending sale | $699,000$424/sqft |
Source: CRMLS #PW24100500 Report a problem | ||
| 7/18/2024 | Contingent | $699,000$424/sqft |
Source: CRMLS #PW24100500 Report a problem | ||
| 7/8/2024 | Price change | $699,000-6.4%$424/sqft |
Source: CRMLS #PW24100500 Report a problem | ||
| 5/28/2024 | Listed for sale | $747,000$453/sqft |
Source: CRMLS #PW24100500 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,869 +70.9% | $715,000 +525% |
| 2024 | $5,188 +209.7% | $114,407 +2% |
| 2023 | $1,675 +4.3% | $112,165 +2% |
| 2022 | $1,605 +1.7% | $109,967 +2% |
| 2021 | $1,578 -0.6% | $107,812 +1% |
| 2020 | $1,589 | $106,708 +2% |
| 2019 | $1,589 +7.9% | $104,617 +2% |
| 2018 | $1,472 | $102,567 +2% |
| 2017 | $1,472 +2.1% | $100,557 +2% |
| 2016 | $1,441 +3.6% | $98,586 +1.5% |
| 2015 | $1,391 +0.2% | $97,106 +2% |
| 2014 | $1,389 | $95,205 +2.5% |
| 2012 | -- | $92,919 +2% |
| 2011 | -- | $91,098 +0.8% |
| 2010 | -- | $90,418 -0.2% |
| 2009 | -- | $90,634 +2% |
| 2008 | -- | $88,858 +2% |
| 2007 | -- | $87,117 +2% |
| 2006 | -- | $85,410 |
| 2005 | -- | $85,410 +4% |
| 2004 | -- | $82,096 +1.9% |
| 2003 | -- | $80,593 +2% |
| 2002 | -- | $79,014 +4% |
| 2000 | -- | $75,947 |
Find assessor info on the county website
Neighborhood: Southeast Los Angeles
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Nearby schools
GreatSchools rating
- 5/10Forty-Ninth Street Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10George Washington Carver Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community HighGrades: 9-12Distance: 0.4 mi
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Estimated market value
$882,700
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
$882,700
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