Seller's Agent in 2022
Sierra Minor
Pacific Playa Realty
(310) 739-1537
2 in this area
5 Total Sales
1124 E 28th St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $608,372 - $621,000
6
Beds
5
Baths
2,986
Sq Ft
$206/Sq Ft
Est. Value
About This Home
As of August 2022Come take a look at this five-unit property investment property located at 1124 E 28th Street. The property consists of four (4) 1B+1B units and one (1) 2BR+1BA unit. Recent plumbing upgrades and electrical work. Perfect starter income property that sits minutes away from Downtown Los Angeles & offers access to all of the major freeways and minutes from USC so tenants enjoy easy access to local restaurants, schools and shopping. The property is also a great investment opportunity as many people are buying and flipping in the area due to the much awaited South of 10 Project (a project set forth by the City of Los Angeles to revitalized the Southside)! Also, let's not forget the in the works projects like, the Los Angeles Football Club Stadium & George Lucas Museum of Narrative Art.
Last Agent to Sell the Property
Pacific Playa Realty License #02030185 Listed on: 12/28/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1914
Lot Details
- 6,446
Home Design
- 2,986 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 1 Open Parking Space
- 1 Parking Space
Additional Features
- 6,446 Sq Ft Lot
- Forced Air Heating System
Community Details
- 5 Buildings
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 5119-014-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2021
Closed on
Jun 30, 2022
Sold by
Lillie Q Shelton Trust
Bought by
Twelve X28 Llc
Seller's Agent
Sierra Minor
Pacific Playa Realty
Buyer's Agent
Steven Soylemez
Vylla Home, Inc.
List Price
$700,000
Sold Price
$545,000
Premium/Discount to List
-$155,000
-22.14%
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
$69,686
Avg. Annual Appreciation
3.60%
Purchase Details
Closed on
Nov 17, 2014
Sold by
Shelton Lillie Q
Bought by
Shelton Lillie Q and The Lillie Q Shelton Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Twelve X28 Llc | $545,000 | First American Mortgage Soluti | |
| Shelton Lillie Q | -- | None Available | |
| Shelton Lillie Q | -- | None Available | |
| Shelton Earlee | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $545,000 | 0.0% | $183 / Sq Ft |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- |
| 05/31/2022 05/31/22 | Off Market | $545,000 | -- | -- |
| 05/27/2022 05/27/22 | For Sale | $700,000 | +28.4% | $234 / Sq Ft |
| 04/27/2022 04/27/22 | Off Market | $545,000 | -- | -- |
| 03/14/2022 03/14/22 | For Sale | $700,000 | 0.0% | $234 / Sq Ft |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- |
| 03/04/2022 03/04/22 | Price Changed | $700,000 | -17.6% | $234 / Sq Ft |
| 12/28/2021 12/28/21 | For Sale | $849,000 | -- | $284 / Sq Ft |
Source: The MLS
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 | $7,564 | $567,018 | $520,200 | $46,818 |
| 2024 | $7,564 | $555,900 | $510,000 | $45,900 |
| 2023 | $13,368 | $1,040,000 | $700,000 | $340,000 |
| 2022 | $1,325 | $37,590 | $14,521 | $23,069 |
| 2021 | $1,298 | $36,854 | $14,237 | $22,617 |
| 2020 | $1,298 | $36,478 | $14,092 | $22,386 |
| 2019 | $1,280 | $35,764 | $13,816 | $21,948 |
| 2018 | $1,179 | $35,064 | $13,546 | $21,518 |
| 2016 | $1,067 | $33,705 | $13,021 | $20,684 |
| 2015 | $1,061 | $33,200 | $12,826 | $20,374 |
| 2014 | $1,099 | $32,550 | $12,575 | $19,975 |
Source: Public Records
Agents Affiliated with this Home
-
Sierra Minor
-
Chad Schlotterback
Seller Co-Listing Agent in 2022
Chad Schlotterback
JohnHart Corp.
(310) 497-3546
2 in this area
33 Total Sales
-
Steven Soylemez
Buyer's Agent in 2022
Steven Soylemez
Vylla Home, Inc.
(949) 278-2121
1 in this area
13 Total Sales
Map
Source: The MLS
MLS Number: 22-116409
APN: 5119-014-002
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