Seller's Agent in 2018
Sheree Goulet
Century 21 Masters
(909) 464-2000
48 Total Sales
1048 W 45th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $999,000 - $1,237,000
7
Beds
2
Baths
4,200
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- No HOA
- Laundry Room
- Main Floor Primary Bedroom
- 2 Car Direct Access Garage
- Floor Furnace
About This Home
As of September 2018Vermont Square - 2 Units with GREAT Possibilities being SOLD in AS IS Condition! Owner/Investors: can choose to live in Front Home w/ rear rental ~OR~ Investors: can purchase as income producing 2 unit investment opportunity. FRONT HOME needs some TLC; but also has several existing upgrades; like new copper plumbing, electrical, and new hot water heater. REAR Unit was totally upgraded a few years ago: plumbing, electrical, light fixtures, PLUS it has new kitchen, paint, and windows. POTENTIAL Income could be maximized by converting the Existing BONUS Room (located near the 2 Car Garage) into a Studio Apartment. Front Home has Living/Dining Rm, Large Kitchen, 5 Bdrms, Den, & Laundry Room. (NOTE: 2 Bdrms, 1 Bath located Downstairs; 3 Bdrms Upstairs. ~ Approx 3000 sq ft. Rear Unit is a large 2 Bdrm, 1 Bath nearly 1200 sq ft w/ Dining Room and Breakfast Room.
Last Agent to Sell the Property
Century 21 Masters License #00713261 Listed on: 05/03/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,447
Year Built
- Built in 1928
Lot Details
- 7,388 Sq Ft Lot
- No Common Walls
- Level Lot
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Duplex
- Composition Roof
- Copper Plumbing
Interior Spaces
- 4,200 Sq Ft Home
- Living Room with Fireplace
- Den with Fireplace
- Bonus Room with Fireplace
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Floor Furnace
- Phone Available
- Cable TV Available
Additional Features
- Fireplace in Patio
- Urban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 137
- Tax Tract Number 10925
- Assessor Parcel Number 5017031017
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $1,200
- New Taxes Expense $9,600
- Operating Expense $12,000
- Gross Income $16,992
- Net Operating Income $16,492
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2018
Closed on
Jul 17, 2018
Sold by
Banks Demetrins D and Banks Darilyn
Bought by
1040 W 45Th Street Llc
Seller's Agent
Sheree Goulet
Century 21 Masters
Buyer's Agent
Sheree Goulet
Century 21 Masters
List Price
$759,900
Sold Price
$760,000
Premium/Discount to List
$100
0.01%
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
$361,730
Avg. Annual Appreciation
6.67%
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| 1040 W 45Th Street Llc | $760,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 1040 W 45Th Street Llc | $550,000 | |
| Previous Owner | Banks Cleoria M | $35,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/07/2018 09/07/18 | Sold | $760,000 | 0.0% | $181 / Sq Ft |
| 05/03/2018 05/03/18 | For Sale | $759,900 | -- | $181 / 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 | $10,447 | $847,788 | $678,232 | $169,556 |
| 2024 | $10,447 | $831,166 | $664,934 | $166,232 |
| 2023 | $10,253 | $814,870 | $651,897 | $162,973 |
| 2022 | $9,788 | $798,893 | $639,115 | $159,778 |
| 2021 | $9,654 | $783,230 | $626,584 | $156,646 |
| 2020 | $9,749 | $775,200 | $620,160 | $155,040 |
| 2019 | $9,371 | $760,000 | $608,000 | $152,000 |
| 2018 | $3,465 | $268,407 | $172,446 | $95,961 |
| 2016 | $2,134 | $161,667 | $121,255 | $40,412 |
| 2015 | $2,106 | $159,239 | $119,434 | $39,805 |
| 2014 | $2,127 | $156,121 | $117,095 | $39,026 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR18102397
APN: 5017-031-017
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
- 1040 W 45th St
- 1100 W 45th St
- 1027 W 46th St
- 1110 W Vernon Ave
- 1126 W Vernon Ave
- 4512 S Vermont Ave
- 1201 W 47th St
- 4312 Walton Ave
- 961 W 47th St
- 530 528 W 43rd St
- 860 W 43rd Place
- 873 W Vernon Ave
- 4227 Walton Ave
- 4215 S Kansas Ave
- 1100 W 42nd St
- 856 W 47th St
- 4432 Wesley Ave
- 821 W 43rd Place
- 1336 W 46th St
- 816 W 47th St
- 1046 W 45th St
- 1054 W 45th St Unit 3
- 1054 W 45th St
- 1036 W 45th St
- 4500 W 45th St
- 1100 W 45th St Unit 1
- 1100 W 45th St Unit 1, A
- 1051 W 46th St
- 4509 Kansas Ave
- 1045 W 46th St
- 1057 W 46th St
- 1030 W 45th St
- 1041 W 46th St
- 1051 W 45th St
- 1106 W 45th St
- 1055 W 45th St
- 1047 W 45th St
- 1037 W 46th St
- 1101 W 46th St
- 1041 W 45th St