NOT LISTED FOR SALE

1057 W 54th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $878,000 - $1,091,000

6 Beds
6 Baths
2,987 Sq Ft
$335/Sq Ft Est. Value

Last Sold May 27, 2015

Last sale price $460,000 $154 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $6,360/month

135 Days on Market

About This Home

As of May 2015

Great Investment property with positive cash flow close to freeways and shopping centers.

Last Agent to Sell the Property

Gabriel Albanez

Gabriel A. Albanez, Broker License #01464397 Listed on: 05/23/2015

Last Buyer's Agent

Gabriel Albanez

Gabriel A. Albanez, Broker License #01464397 Listed on: 05/23/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,985

Year Built

  • Built in 1926

Lot Details

  • 5,173 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Parking

  • 3 Car Garage

Home Design

  • 2,987 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 127
  • Assessor Parcel Number 5002026008

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $1,600
  • Water Sewer Expense $200
  • New Taxes Expense $8,376
  • Gross Income $5,825
  • Net Operating Income $13,176

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,985

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 5002026008
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 154.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 5173.00
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 5825.00
  • Gross Scheduled Income: 5825.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 5173.0000 Square Feet
  • Net Operating Income: 13176.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13176.00
  • Rent Control: Yes
  • Total Actual Rent: 5825.00

Tax Info

  • New Taxes Expense: 8376.00
  • Taxes Percent: 1.18
  • Tax Lot: 127
  • Tax Tract Number: 674A5
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Yovany Pimentel Sergio
Bought by
Pimentel Living Trust
Current Estimated Value
$1,001,376

Purchase Details

Listed on
May 23, 2015
Closed on
May 19, 2015
Sold by
Velasquez Noemi
Bought by
Pimentel Jeffrey
Seller's Agent
Gabriel Albanez
Gabriel A. Albanez, Broker
Buyer's Agent
Gabriel Albanez
Gabriel A. Albanez, Broker
List Price
$460,000
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$443,900
Interest Rate
3.63%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2012
Sold by
Sovereign Ventures Inc
Bought by
Velasquez Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,152
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2010
Sold by
Acosta Jessica L
Bought by
Sovereign Ventures Inc

Purchase Details

Closed on
Nov 7, 2007
Sold by
Acosta Zoila E
Bought by
Acosta Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2004
Sold by
Melendez Jesus Antonio
Bought by
Acosta Jessica L and Acosta Zoila E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 22, 2002
Sold by
Hud
Bought by
Melendez Jesus Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.74%

Purchase Details

Closed on
Mar 15, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 11, 2001
Sold by
Hernandez Carlos
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Aug 12, 1999
Sold by
Delphine Group Llc
Bought by
Hernandez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,925
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1999
Sold by
Evans Donald M and Ward John S
Bought by
Delphine Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,925
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 1999
Sold by
Evans Cami
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
$307,925
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 1999
Sold by
Evans Cami
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
$42,000
Interest Rate
6.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 1999
Sold by
Bank Of New York
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
$7,700
Interest Rate
7.04%

Purchase Details

Closed on
Mar 22, 1999
Sold by
Anderson James M and Anderson Margie G
Bought by
Countrywide Mtg Conduit Inc and Independent National Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,700
Interest Rate
7.04%
Source: Public Records

Range of Values:

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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
Pimentel Living Trust -- None Listed On Document
Pimentel Sergio Yovany -- None Listed On Document
Pimentel Jeffrey $460,000 Title 365
Velasquez Noemi $349,000 Provident Title Company
Sovereign Ventures Inc -- Accommodation
Acosta Jessica L -- Fidelity National Title Co
Acosta Jessica L $500,000 Commonwealth Land Title Co
Melendez Jesus Antonio $300,000 Commonwealth Land Title Co
Melendez Jesus Antonio -- Commonwealth Land Title Co
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $332,631 First American Title Co
Hernandez Carlos $310,000 United Title Company
Delphine Group Llc -- United Title Company
Evans Donald M -- United Title Company
Ward John S -- United Title Company
Evans Donald M -- United Title Company
Evans Donald M -- Landsafe Title
Evans Donald M $155,000 Landsafe Title
Countrywide Mtg Conduit Inc $153,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pimentel Jeffrey $510,000
Previous Owner Pimentel Jeffrey $443,900
Previous Owner Velasquez Noemi $340,152
Previous Owner Acosta Jessica L $417,000
Previous Owner Acosta Jessica L $78,000
Previous Owner Acosta Jessica L $425,000
Previous Owner Melendez Jesus Antonio $270,000
Previous Owner Hernandez Carlos $307,925
Previous Owner Evans Donald M $203,000
Previous Owner Evans Donald M $42,000
Previous Owner Evans Donald M $7,700
Closed Evans Donald M $191,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2015 05/27/15 Sold $460,000 0.0% $154 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $460,000 -- $154 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,985 $891,414 $573,052 $318,362
2024 $10,985 $873,936 $561,816 $312,120
2023 $10,780 $856,800 $550,800 $306,000
2022 $6,573 $520,957 $339,756 $181,201
2021 $6,478 $510,744 $333,095 $177,649
2020 $6,539 $505,748 $329,680 $176,068
2019 $6,292 $495,837 $323,216 $172,621
2018 $6,178 $486,120 $316,879 $169,241
2016 $5,888 $467,015 $304,575 $162,440
2015 $4,670 $364,740 $260,230 $104,510
2014 $4,762 $357,596 $255,133 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Gabriel Albanez

    Seller's Agent in 2015

    Gabriel Albanez

    Gabriel A. Albanez, Broker

    (323) 228-1693

    4 Total Sales

    Gabriel Albanez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15007328

California Regional Multiple Listing Service (CRMLS)

APN: 5002-026-008

California Los Angeles County Los Angeles 90037 Vermont Square

1057 W 54th St, Los Angeles, CA

This home is located at 1057 W 54th St, Los Angeles, CA 90037 since 23 May 2015 and is currently estimated at $1,001,376, approximately $335 per square foot. This property was built in 1926. 1057 W 54th St is a home located in Los Angeles County with nearby schools including Fifty-Second Street Elementary School, John Muir Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

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.

California Regional Multiple Listing Service (CRMLS) 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

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