1025 W 54th St Unit 2 Los Angeles, CA 90037
Vermont Square Neighborhood
1
Bed
1
Bath
1,600
Sq Ft
5,173
Sq Ft Lot
Highlights
- Stables
- Neighborhood Views
- Park
- No HOA
- Cooling System Mounted To A Wall/Window
- Laundry Room
About This Home
As of March 2021Reduced price probate fixer. Duplex total of 2 Bedroom 2 Bathroom with great potentials, both units with plenty of sft. space for improvement, full living room, dining room areas. A great investment to occupy and generate rental income. No tenant buyout necessary, units will be delivered vacant at the close. Minutes from Downtown L.A., USC, Trade Tech, Coliseum, and all public transportation. Buyer to verify all information and permits. Court confirmation is required.
Confirmation sale set for February 19, 2021, at 8:30 am, in Dept. 79.
Call to set up a showing. Fax/email pre-approval letter and proof of funds.
Last Agent to Sell the Property
West Shores Realty, Inc. License #01385769 Listed on: 06/13/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,275
Year Built
- Built in 1923
Lot Details
- 5,173 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Block Wall Fence
- Chain Link Fence
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 4 Carport Spaces
Home Design
- Duplex
- Bungalow
- Fire Rated Drywall
- Asphalt Roof
Interior Spaces
- 1,600 Sq Ft Home
- Ceiling Fan
- Formal Entry
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Phone Available
Additional Features
- Exterior Lighting
- Stables
Listing and Financial Details
- Tenant pays for insurance
- Tax Lot 135
- Tax Tract Number 135
- Assessor Parcel Number 5002026016
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Park
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $50
- Insurance Expense $550
- Trash Expense $50
- New Taxes Expense $660
- Operating Expense $1,260
- Gross Income $43,800
- Net Operating Income $30,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2022
Sold by
Kb Buy American Realty Inc
Bought by
Dominguez Rosie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Outstanding Balance
$661,784
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$120,764
Purchase Details
Closed on
Sep 10, 2021
Sold by
California Premier Partners Llc
Bought by
Kb Buy America Realty Inc
Purchase Details
Listed on
Jun 13, 2020
Closed on
Mar 5, 2021
Sold by
Gardner Larry and Gardner Quinese
Bought by
California Premier Partners Llc
Seller's Agent
Bobby Johnson
West Shores Realty, Inc.
Buyer's Agent
Kenneth Webb
HomeWay
List Price
$549,321
Sold Price
$575,000
Premium/Discount to List
$25,679
4.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$432,000
Interest Rate
2.73%
Mortgage Type
Commercial
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $880,000 | Provident Title | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $575,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $704,000 | New Conventional | |
| Previous Owner | $432,000 | Commercial | |
| Previous Owner | $469,342 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $33,825 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2021 03/31/21 | Sold | $575,000 | +8.6% | $359 / Sq Ft |
| 02/19/2021 02/19/21 | Pending | -- | -- | -- |
| 07/15/2020 07/15/20 | Price Changed | $529,321 | -3.6% | $331 / Sq Ft |
| 06/13/2020 06/13/20 | For Sale | $549,321 | -- | $343 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,275 | $933,862 | $742,845 | $191,017 |
| 2024 | $11,275 | $915,552 | $728,280 | $187,272 |
| 2023 | $11,060 | $897,600 | $714,000 | $183,600 |
| 2022 | $7,129 | $586,500 | $540,600 | $45,900 |
| 2021 | $690 | $35,045 | $22,617 | $12,428 |
| 2020 | $609 | $34,687 | $22,386 | $12,301 |
| 2019 | $594 | $34,008 | $21,948 | $12,060 |
| 2018 | $533 | $33,342 | $21,518 | $11,824 |
| 2016 | $493 | $32,050 | $20,684 | $11,366 |
| 2015 | $487 | $31,570 | $20,374 | $11,196 |
| 2014 | $504 | $30,952 | $19,975 | $10,977 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Bobby Johnson
West Shores Realty, Inc.
(310) 901-1874
3 in this area
4 Total Sales
-
K
Buyer's Agent in 2021
Kenneth Webb
HomeWay
(714) 441-1303
2 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20110775
APN: 5002-026-016
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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