NOT LISTED FOR SALE

1070 W 56th St Unit 1-4 Los Angeles, CA 90037

Vermont-Slauson Neighborhood

Estimated Value: $618,000 - $937,000

8 Beds
4 Baths
2,334 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $525,000 $225 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,890/month

1 Day on Market

About This Home

As of November 2017

4 units- 2bedrooms 1 bath each.

Last Agent to Sell the Property

Rhonda Payne

Rodeo Realty- Brentwood License #00959668 Listed on: 11/01/2017

Rodeo Realty- Brentwood

Last Buyer's Agent

Rhonda Payne

Rodeo Realty- Brentwood License #00959668 Listed on: 11/01/2017

Rodeo Realty- Brentwood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,501

Year Built

  • Built in 1923

Lot Details

  • 6,401 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2,334 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Parking Space
  • 1 Covered Space
  • On-Street Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5002-020-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,501

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2334
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 227.08

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: On street
  • Total Parking: 1

Lot Info

  • Assessed Improvement Value: 180944
  • Assessed Land Value: 237101
  • Assessor Parcel Number: 5002-020-014
  • Geocode Override: No
  • Lot Size Area: 6401

Rental Info

  • Monthly Gross Income: 5000.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0000
  • Type Of Units: Fourplex
  • Vacancy Rate: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Nov 21, 2017
Sold by
Lowe Reginald and Lowe Theresa
Bought by
1070 West 56Th St Llc
Seller's Agent
Rhonda Payne
Rodeo Realty- Brentwood
Buyer's Agent
Rhonda Payne
Rodeo Realty- Brentwood
List Price
$530,000
Sold Price
$525,000
Premium/Discount to List
-$5,000
-0.94%
Current Estimated Value
$804,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,314
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Oct 15, 2014
Sold by
Lowe Reginald and Lowe Reginald L
Bought by
Reginald & Theresa Lowe Living Trust

Purchase Details

Closed on
Mar 27, 2003
Sold by
Leflore Adrienne
Bought by
Lowe Reginald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Interest Rate
5.6%

Purchase Details

Closed on
May 6, 2002
Sold by
Hud
Bought by
Leflore Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
6.89%

Purchase Details

Closed on
Apr 3, 2001
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Apr 2, 2001
Sold by
Sanchez Mario and Figueroa Angel
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 17, 1999
Sold by
Cyprus Kip
Bought by
Figueroa Angel and Sanchez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,531
Interest Rate
7.24%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 1999
Sold by
Cyprus Amy L
Bought by
Cyprus Kip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
6.77%

Purchase Details

Closed on
Jan 19, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
6.77%

Purchase Details

Closed on
Dec 9, 1997
Sold by
Vargas Cesar and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1070 West 56Th St Llc $525,000 California Title Company
Reginald & Theresa Lowe Living Trust -- None Available
Lowe Reginald L $335,000 Commonwealth Land Title Co
Leflore Adrienne $275,500 Fidelity Title
Leflore Adrienne -- Fidelity Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $330,565 Landsafe Title
Figueroa Angel $302,000 --
Cyprus Kip -- Investors Title Company
Cyprus Kip C $132,500 Investors Title Company
Home Svgs Of America Fsb $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowe Reginald L $234,500
Previous Owner Leflore Adrienne $220,400
Previous Owner Figueroa Angel $299,531
Previous Owner Cyprus Kip C $152,750
Closed Leflore Adrienne $41,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $525,000 -0.9% $225 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $530,000 -- $227 / Sq Ft
Source: The MLS

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 $7,501 $597,356 $455,130 $142,226
2024 $7,501 $585,644 $446,206 $139,438
2023 $7,365 $574,161 $437,457 $136,704
2022 $7,038 $562,904 $428,880 $134,024
2021 $6,942 $551,868 $420,471 $131,397
2019 $6,742 $535,820 $408,000 $127,820
2018 $6,640 $525,320 $400,000 $125,320
2017 $2 $418,045 $237,101 $180,944
2016 $5,211 $409,849 $232,452 $177,397
2015 $5,139 $403,694 $228,961 $174,733
2014 $5,182 $395,787 $224,476 $171,311
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Payne

    Seller's Agent in 2017

    Rhonda Payne

    Rodeo Realty- Brentwood

    (213) 503-5282

    22 Total Sales

    Rhonda Payne
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Map

Source: The MLS

MLS Number: 17-286822

The MLS

APN: 5002-020-014

California Los Angeles County Los Angeles 90037 Vermont-Slauson

1070 W 56th St Unit 1-4, Los Angeles, CA

This home is located at 1070 W 56th St Unit 1-4, Los Angeles, CA 90037 since 01 November 2017 and is currently estimated at $804,314, approximately $344 per square foot. This property was built in 1923. 1070 W 56th St Unit 1-4 is a home located in Los Angeles County with nearby schools including John Muir Middle School, Augustus F. Hawkins High A Critical Design And Gaming, and ICEF Innovation Los Angeles Charter School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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