NOT LISTED FOR SALE

1017 W 45th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $723,000 - $870,000

6 Beds
4 Baths
2,550 Sq Ft
$312/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $659,000 $258 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,907/month

51 Days on Market

About This Home

As of July 2018

Newer building not under rent control. Each unit has 3BD, 1.5 BA with 2-car garage. Large lot that allows additional parking on the property behind the gate. Great rental area, proforma rent could be $1850 per unit. all showings after accepted offer.

Last Agent to Sell the Property

Marjan Adasha

Nelson Shelton & Associates License #00999322 Listed on: 04/13/2018

Nelson Shelton & Associates

Last Buyer's Agent

David Dunlap

eXp Realty of Greater Los Angeles License #01933100

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,939

Year Built

  • Built in 1985

Lot Details

  • 7,387

Home Design

  • Duplex

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 7,387 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5017-032-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,939

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2550
  • Stories: 2
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 250.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 61724
  • Assessed Land Value: 111218
  • Assessor Parcel Number: 5017-032-026
  • Geocode Override: No
  • Lot Size Area: 7387

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.30
  • Number Of Units: 2
  • Type Of Units: duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jun 12, 2018
Sold by
Group Iii Investment
Bought by
Polanco Juan Elias and Polanco Antonio J
Seller's Agent
Marjan Adasha
Nelson Shelton & Associates
Buyer's Agent
David Dunlap
eXp Realty of Greater Los Angeles
List Price
$639,000
Sold Price
$659,000
Premium/Discount to List
$20,000
3.13%
Current Estimated Value
$795,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,137
Avg. Annual Appreciation
2.61%
Original Mortgage
$603,479
Outstanding Balance
$520,372
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$274,765

Purchase Details

Closed on
Oct 19, 2009
Sold by
Tiburcio Raymundo and Tiburcio Ines
Bought by
Group Iii Investment

Purchase Details

Closed on
Apr 5, 2006
Sold by
Velasquez Cristino A and Castro Maria A
Bought by
Tiburcio Raymundo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,200
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2001
Sold by
Benavides Edgar R and Benavides Ana Gladys
Bought by
Velasquez Cristino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,982
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Polanco Juan Elias $659,000 Stewart Title Company
Group Iii Investment $155,000 None Available
Tiburcio Raymundo $534,000 First American Title Co
Velasquez Cristino $215,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polanco Juan Elias $603,479
Previous Owner Tiburcio Raymundo $427,200
Previous Owner Velasquez Cristino $211,982
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2018 07/17/18 Sold $659,000 +3.1% $258 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $639,000 -- $251 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,939 $735,122 $551,065 $184,057
2024 $8,939 $720,709 $540,260 $180,449
2023 $8,772 $706,578 $529,667 $176,911
2022 $8,372 $692,725 $519,282 $173,443
2021 $8,266 $679,143 $509,100 $170,043
2019 $8,022 $659,000 $494,000 $165,000
2018 $2,340 $176,400 $113,442 $62,958
2016 $2,232 $169,552 $109,038 $60,514
2015 $2,202 $167,007 $107,401 $59,606
2014 $2,225 $163,737 $105,298 $58,439
Source: Public Records

Agents Affiliated with this Home

  • Marjan Adasha

    Seller's Agent in 2018

    Marjan Adasha

    Nelson Shelton & Associates

    (310) 920-9490

    Marjan Adasha
    Section Image
  • David Dunlap

    Buyer's Agent in 2018

    David Dunlap

    eXp Realty of Greater Los Angeles

    (805) 368-4113

    3 Total Sales

    David Dunlap
    Section Image
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Map

Source: The MLS

MLS Number: 18-333190

The MLS

APN: 5017-032-026

California Los Angeles County Los Angeles 90037 Vermont Square

1017 W 45th St, Los Angeles, CA

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