K
Seller's Agent in 2014
Kevin Wheaton
K & K Group, Inc.
(562) 746-6838
23 Total Sales
1041 W 56th St Los Angeles, CA 90037
Vermont-Slauson NeighborhoodEstimated Value: $671,000 - $860,000
4
Beds
2
Baths
1,912
Sq Ft
$411/Sq Ft
Est. Value
About This Home
As of April 2014Beautiful investment property and also perfect for all first time homebuyers who desire to live in one and rent out the other. The front unit of this duplex is a spacious 3 bed 1 bath Craftman Style home that has been completely remodeled from head to toe. The home still has all the detailed features that make Craftman Style Architecture very desirable. All windows have been replaced with dual pane windows. The rear unit is one bedroom with large kitchen and inside laundry. Purchase this Duplex to live in the front unit and shed $900 a month off of your mortgage payment by renting out the rear unit. Easy to show… Welcome home first time homebuyers and investors alike.
Last Agent to Sell the Property
K & K Group, Inc. License #01377584 Listed on: 01/22/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,762
Year Built
- Built in 1925
Lot Details
- 5,125 Sq Ft Lot
- No Common Walls
Parking
- 4 Parking Spaces
Interior Spaces
- 1,912 Sq Ft Home
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Location
- Urban Location
Utilities
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tax Lot 68
- Tax Tract Number 212
- Assessor Parcel Number 5002022023
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $2,550
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2014
Sold by
Crosslink Ventures Inc
Bought by
Rivas Hernandez Elmer W and Rivas Idalia M
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
$373,117
Interest Rate
4.34%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 14, 2013
Closed on
May 13, 2013
Sold by
Mosley Walter J
Bought by
Crosslink Ventures Inc
Seller's Agent
Michael Slaughter
Mutual Realty Consultants
Buyer's Agent
Kevin Wheaton
K & K Group, Inc.
List Price
$179,000
Sold Price
$260,000
Premium/Discount to List
$81,000
45.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$230,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 17, 1996
Sold by
Mosley Walter J and Moseley Walter J
Bought by
Mosley Walter J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.84%
Purchase Details
Closed on
Nov 9, 1995
Sold by
Farmer Maxiner and Barnes James F
Bought by
Moseley Walter J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,050
Interest Rate
6.98%
Mortgage Type
VA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rivas Hernandez Elmer W | $380,000 | None Available | |
| Crosslink Ventures Inc | $260,000 | Old Republic Title Company | |
| Mosley Walter J | -- | Old Republic Title Company | |
| Mosley Walter J | -- | United Title Company | |
| Moseley Walter J | $135,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Elmer W Rivas | $324,000 | |
| Closed | Rivas Hernandez Elmer W | $373,117 | |
| Previous Owner | Crosslink Ventures Inc | $230,000 | |
| Previous Owner | Mosley Walter J | $50,000 | |
| Previous Owner | Mosley Walter J | $30,300 | |
| Previous Owner | Mosley Walter J | $169,605 | |
| Previous Owner | Mosley Walter J | $25,000 | |
| Previous Owner | Moseley Walter J | $139,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2014 04/18/14 | Sold | $380,000 | -89.9% | $199 / Sq Ft |
| 02/27/2014 02/27/14 | Pending | -- | -- | -- |
| 01/22/2014 01/22/14 | For Sale | $3,749,000 | +1341.9% | $1,961 / Sq Ft |
| 06/10/2013 06/10/13 | Sold | $260,000 | +45.3% | $136 / Sq Ft |
| 04/18/2013 04/18/13 | Pending | -- | -- | -- |
| 04/14/2013 04/14/13 | For Sale | $179,000 | -- | $94 / 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 | $5,762 | $465,817 | $279,492 | $186,325 |
| 2024 | $5,762 | $456,684 | $274,012 | $182,672 |
| 2023 | $5,657 | $447,731 | $268,640 | $179,091 |
| 2022 | $5,404 | $438,953 | $263,373 | $175,580 |
| 2021 | $5,327 | $430,347 | $258,209 | $172,138 |
| 2020 | $5,377 | $425,935 | $255,562 | $170,373 |
| 2019 | $5,171 | $417,584 | $250,551 | $167,033 |
| 2018 | $5,049 | $409,397 | $245,639 | $163,758 |
| 2016 | $4,814 | $393,501 | $236,101 | $157,400 |
| 2015 | $4,744 | $387,591 | $232,555 | $155,036 |
| 2014 | $3,408 | $261,180 | $156,708 | $104,472 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2014
Hely Benitez
Century 21 Masters
(818) 892-9314
13 Total Sales
-
Seller's Agent in 2013
Michael Slaughter
Mutual Realty Consultants
(562) 715-1473
11 Total Sales
-
Seller Co-Listing Agent in 2013
Uletas Carter
Mutual Realty Consultants
(213) 804-3369
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14014855
APN: 5002-022-023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
Nearby Homes
- 1061 W 57th St
- 1144 W 57th St
- 1056 W 52nd St
- 916 W 53rd St
- 859 W 54th St
- 937 W 52nd St
- 840 W 53rd St
- 5415 S Normandie Ave
- 717 W 54th St
- 730 W 52nd Place
- 1414 W 54th St
- 1233 W 60th St
- 628 W 53rd St
- 1320 W 50th St
- 1435 W 53rd St
- 1416 W 51st Place
- 820 W 50th St
- 1407 W 59th Place
- 5914 S Hoover St
- 5864 Bonsallo Ave