NOT LISTED FOR SALE

1049 1051 W 43rd St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $1,237,000 - $1,677,000

15 Beds
6 Baths
5,566 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $740,000 $133 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $9,550/month

20 Days on Market

About This Home

As of November 2016

4-UNIT Newer Roof,Bathrooms Remodeled, 2 new water heaters, 2 new furnaces,a triplex in the front and a large 5 bedrooms unit in the back of the property. These 4 units have the lowest cost per foot on the market and one of the lowest GRMs at under 10.9 based on actual rents & under 10 GRM based on projected rents. Seller is VERY Motivated.

Last Agent to Sell the Property

Jack Harriman

Coldwell Banker Residential License #01204794 Listed on: 07/06/2016

Coldwell Banker Residential

Last Buyer's Agent

Jack Harriman

Coldwell Banker Residential License #01204794 Listed on: 07/06/2016

Coldwell Banker Residential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,600

Year Built

  • Built in 1931

Lot Details

  • 6,750

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Bathrooms

Additional Features

  • Carpet
  • 6,750 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5020026002

Community Details

Overview

  • 6 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $600
  • Trash Expense $1,200
  • Operating Expense $13,350
  • Gross Income $78,324
  • Net Operating Income $64,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,600

Year Built

Built in 1931

Lot Details

0

Listing Details

  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5020026002
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 132.95

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Trash Expense: 1200.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 78324.00
  • Gross Multiplier: 10.20
  • Lot Size Area: 6750.0000 Square Feet
  • Net Operating Income: 64974.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 6
  • Total Expenses: 13350.00

Tax Info

  • Tax Annual Amount: 9600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Oquendo Manuel and Oquendo Lauren
Bought by
Oquendo
Current Estimated Value
$1,465,484

Purchase Details

Closed on
Feb 25, 2022
Sold by
M & L Properties Llc
Bought by
Oquendo Manuel and Alpert Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Oquendo Manuel and Alpert Laurend
Bought by
M & L Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,637,357
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 6, 2016
Closed on
Nov 3, 2016
Sold by
Bunnak Lloyd N
Bought by
Oquendo Manuel and Alpert Lauren D
Seller's Agent
Jack Harriman
Coldwell Banker Residential
Buyer's Agent
Jack Harriman
Harriman Realty Group Inc.
List Price
$740,000
Sold Price
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$726,596
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2016
Sold by
Bunnak Unnop and Bunnak Chiraporra
Bought by
Bunnak Lloyd N

Purchase Details

Closed on
Dec 17, 2015
Sold by
Bunnak Lloyd N
Bought by
Bunnak Lloyd N and Bunnak Unnop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,217
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2014
Sold by
Colburn Tyler Steven
Bought by
Bunnak Lloyd N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2013
Sold by
Risinger Lois A
Bought by
Colburn Tyler Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Akhigbe Matthew A
Bought by
Risinger Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Federal National Mortgage Association
Bought by
Akhigbe Matthew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2009
Sold by
Arriola Jorge Alberto
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 2008
Sold by
Hernandez Florentino Luis
Bought by
Arriola Jorge Alberto

Purchase Details

Closed on
Dec 27, 2007
Sold by
Arriola Jorge Alberto
Bought by
Hernandez Florentino Luis

Purchase Details

Closed on
May 2, 2006
Sold by
Arriola Ana Patricia
Bought by
Arriola Jorge Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,875
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 2006
Sold by
Akhigbe Matthew
Bought by
Arriola Jorge Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,875
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 10, 2001
Sold by
Access Homes Inc
Bought by
Akhigbe Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,901
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2000
Sold by
Evans Donald M
Bought by
Access Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,901
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2000
Sold by
Evans Cami Danielle
Bought by
Evans Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Interest Rate
8.16%

Purchase Details

Closed on
Feb 8, 2000
Sold by
Phh Mtg Services
Bought by
Evans Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Interest Rate
8.16%

Purchase Details

Closed on
Mar 12, 1999
Sold by
Estrada Juan Carlos and Estrada Elva
Bought by
Phh Mtg Services Inc

Purchase Details

Closed on
Sep 3, 1997
Sold by
American Svgs Bank Fa
Bought by
Golden West Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,921
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 1997
Sold by
Golden West Group Inc
Bought by
Estrada Juan Carlos and Estrada Elva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,921
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 27, 1997
Sold by
Gonzalez Rubio
Bought by
Goldenwest Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,921
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1996
Sold by
Hernandez Henrique and American Svgs Bank
Bought by
American Svgs Bank

Purchase Details

Closed on
Oct 11, 1995
Sold by
Hernandez Henrique
Bought by
Hernandez Lucine
Source: Public Records

Range of Values:

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Average Value
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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
Oquendo -- None Listed On Document
Oquendo Manuel -- Solidifi
M & L Properties Llc -- Provident Title Company
Oquendo Manuel $740,000 Wfg Title Company
Bunnak Lloyd N -- Wfg
Bunnak Lloyd N -- Fidelity Sherman Oaks
Bunnak Lloyd N $665,000 Title 365
Bunnak Lloyd N -- Title 365
Colburn Tyler Steven $560,000 Fidelity Van Nuys
Risinger Lois A $450,000 Orange Coast Title Company O
Akhigbe Matthew A $415,000 Stewart Title Of California
Fannie Mae $702,397 Accommodation
Arriola Jorge Alberto -- None Available
Hernandez Florentino Luis -- Southland Title
Arriola Jorge Alberto -- Orange Coast Title Company
Arriola Jorge Alberto $812,500 Orange Coast Title Company
Akhigbe Matthew $330,000 United Title Company
Access Homes Inc -- --
Evans Donald M -- Stewart Title
Evans Donald M $160,000 Stewart Title
Phh Mtg Services Inc $334,028 First American Title Ins Co
Golden West Group Inc $180,000 North American Title Co
Estrada Juan Carlos $315,000 Fidelity Title
Goldenwest Group Inc -- Fidelity Title
American Svgs Bank $1,471,960 Stewart Title
Hernandez Lucine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oquendo Manuel $896,000
Previous Owner M & L Properties Llc $1,637,357
Previous Owner Oquendo Manuel $726,596
Previous Owner Bunnak Lloyd N $492,217
Previous Owner Bunnak Lloyd N $498,750
Previous Owner Colburn Tyler Steven $385,000
Previous Owner Risinger Lois A $337,500
Previous Owner Akhigbe Matthew A $311,250
Previous Owner Arriola Jorge Alberto $121,875
Previous Owner Arriola Jorge Alberto $650,000
Previous Owner Akhigbe Matthew $370,500
Previous Owner Akhigbe Matthew $100,000
Previous Owner Akhigbe Matthew A $25,000
Previous Owner Akhigbe Matthew $331,500
Previous Owner Akhigbe Matthew $324,901
Previous Owner Access Homes Inc $211,250
Previous Owner Evans Donald M $211,250
Previous Owner Estrada Juan Carlos $300,921
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $740,000 0.0% $133 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $740,000 -- $133 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $18,774 $1,012,807 $348,173 $664,634
2024 $18,774 $1,503,480 $832,320 $671,160
2023 $10,634 $825,481 $334,654 $490,827
2022 $10,161 $809,296 $328,093 $481,203
2021 $9,925 $793,428 $321,660 $471,768
2020 $10,018 $785,573 $318,362 $467,211
2019 $9,636 $770,176 $312,120 $458,056
2018 $9,496 $755,080 $306,000 $449,080
2016 $8,515 $675,141 $472,091 $203,050
2015 $8,396 $665,000 $465,000 $200,000
2014 $7,326 $560,000 $336,000 $224,000
Source: Public Records

Agents Affiliated with this Home

  • Jack Harriman

    Seller's Agent in 2016

    Jack Harriman

    Coldwell Banker Residential

    (626) 482-6116

    48 Total Sales

    Jack Harriman
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316006351

Pasadena-Foothills Association of REALTORS®

APN: 5020-026-002

California Los Angeles County Los Angeles 90037 Vermont Square

1049 1051 W 43rd St, Los Angeles, CA

This home is located at 1049 1051 W 43rd St, Los Angeles, CA 90037 since 06 July 2016 and is currently estimated at $1,465,484, approximately $263 per square foot. This property was built in 1931. 1049 1051 W 43rd St is a home located in Los Angeles County with nearby schools including Marguerite Poindexter Lamotte Elementary, Dr. James Edward Jones Primary Center, and Barack Obama Global Preparation Academy.

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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