R
Seller's Agent in 2015
Rafael Figueroa
Raford Management Co.
(818) 758-8400
10 Total Sales
1046 E 56th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $840,374 - $1,114,000
8
Beds
5
Baths
2,727
Sq Ft
$343/Sq Ft
Est. Value
About This Home
As of May 2015Recently remodeled and rehabbed duplex. Great investment opportunity. Close to shopping, entertainment, freeways and more.
Last Agent to Sell the Property
Raford Management Co. License #00860084 Listed on: 01/14/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 6,750 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Parking Spaces
Home Design
- 2,727 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 10
- Assessor Parcel Number 5103016005
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- New Taxes Expense $5,795
- Gross Income $2,500
- Net Operating Income $25,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2014
Closed on
May 19, 2015
Sold by
Goodrich David M
Bought by
Santiago Brenda Vences and Avina Beatrice E
Seller's Agent
Rafael Figueroa
Raford Management Co.
Buyer's Agent
Edgar Villavicencio
Southern California Realty
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,094
Avg. Annual Appreciation
6.90%
Original Mortgage
$444,647
Outstanding Balance
$341,918
Interest Rate
3.63%
Mortgage Type
FHA
Estimated Equity
$594,176
Purchase Details
Closed on
Apr 8, 2011
Sold by
Lyday James W
Bought by
Ortiz Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 1994
Sold by
Murray Addie
Bought by
Murray Addie and Addie V Murray Trust
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 |
|---|---|---|---|
| Santiago Brenda Vences | $460,000 | Fidelity National Title | |
| Ortiz Investments Inc | $140,000 | California Title Company | |
| Murray Addie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santiago Brenda Vences | $444,647 | |
| Previous Owner | Ortiz Investments Inc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/26/2015 05/26/15 | Sold | $460,000 | -3.2% | $169 / Sq Ft | |
| 04/16/2015 04/16/15 | Pending | -- | -- | -- | |
| 01/14/2014 01/14/14 | For Sale | $475,000 | +5.8% | $174 / Sq Ft | |
| 02/28/2013 02/28/13 | Sold | $449,000 | -2.2% | $165 / Sq Ft | View Prior Sale |
| 01/30/2013 01/30/13 | Pending | -- | -- | -- | |
| 09/10/2012 09/10/12 | For Sale | $459,000 | -- | $168 / 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 | $6,994 | $552,840 | $186,280 | $366,560 |
| 2024 | $6,994 | $542,001 | $182,628 | $359,373 |
| 2023 | $6,865 | $531,375 | $179,048 | $352,327 |
| 2022 | $6,556 | $520,957 | $175,538 | $345,419 |
| 2021 | $6,465 | $510,744 | $172,097 | $338,647 |
| 2019 | $6,278 | $495,597 | $166,994 | $328,603 |
| 2018 | $6,128 | $485,880 | $163,720 | $322,160 |
| 2016 | $5,836 | $467,014 | $157,363 | $309,651 |
| 2015 | $4,425 | $348,514 | $119,391 | $229,123 |
| 2014 | -- | $341,688 | $117,053 | $224,635 |
Source: Public Records
Agents Affiliated with this Home
-
Rafael Figueroa
-
Edgar Villavicencio
Buyer's Agent in 2015
Edgar Villavicencio
Southern California Realty
(562) 881-2431
12 Total Sales
-
Alicia Mendoza
A
Seller's Agent in 2013
Alicia Mendoza
Real Estate Connection
(626) 915-7377
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR14011494
APN: 5103-016-005
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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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