NOT LISTED FOR SALE

Estimated Value: $740,000 - $877,672

4 Beds
2 Baths
1,856 Sq Ft
$439/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $760,000 $409 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,224/month

65 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • 1-Story Property
  • Private Yard

About This Home

As of October 2023

Vinco Vinco Realty Group is proud to present an investment opportunity in the heart of Los Angeles! Located in the vibrant neighborhood of Southwest Los Angeles (Vermont Square neighborhood), this duplex offers a unique opportunity to live in a gentrifying market of South Los Angeles.

With combined bedrooms of 4 and 2 bathrooms (per assessor) and living space of 1,856 square feet on a generously sized 5,359 square foot lot, this duplex presents an ideal opportunity for a homeowner or investor. The front yard offers ample parking space with an electrical V2 home charging station. Each unit offers a private and relaxing area at the rear of the lot to unwind and enjoy the outdoors and weekend gatherings. Located with a convenient alley at the back providing enough parking space, ensuring convenience for residents and ADU possibilities with private entrances.

Situated near local markets, shopping destinations, and with easy access to freeways, this location offers the perfect blend of convenience and accessibility for any tenant and homeowner.

Last Agent to Sell the Property

Christopher Martinez

Vinco Vinco Realty & Investments Inc License #01917060 Listed on: 06/20/2023

Last Buyer's Agent

Angela Acuff

Coldwell Banker Realty License #01936627

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,472

Year Built

  • Built in 1912

Lot Details

  • 5,359 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 277
  • Tax Tract Number 277
  • Assessor Parcel Number 5002028023

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $1,800
  • Operating Expense $2,600
  • Net Operating Income $25,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,472

Year Built

Built in 1912

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 323-481-8517
  • Price Per Unit: 399500
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5002028023
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 52nd St
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Entry Level: 1
  • Price Per Square Foot: 409.48

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet, Yard
  • Lot Size Sq Ft: 5359.00
  • Lot Size Acres: 0.1230

Multi Family

  • Gross Scheduled Income: 27960.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5359.0000 Square Feet
  • Net Operating Income: 25360.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2600.00
  • Rent Control: Yes
  • Total Expenses: 2600.00

Tax Info

  • Tax Census Tract: 2326.02
  • Tax Lot: 277
  • Tax Tract Number: 277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Oct 3, 2023
Sold by
Gonzalez Omar H
Bought by
Kim Seung Hyun
Seller's Agent
Christopher Martinez
Vinco Vinco Realty & Investments Inc
Buyer's Agent
Angela Acuff
Coldwell Banker Realty
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Views
83
Current Estimated Value
$813,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,918
Avg. Annual Appreciation
3.92%
Original Mortgage
$732,830
Outstanding Balance
$719,900
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$97,033

Purchase Details

Listed on
Jan 27, 2014
Closed on
Aug 26, 2014
Sold by
Robinson Barbara J
Bought by
Gonzalez Omar H
Seller's Agent
Alvaro Santillan
Century 21 Allstars
Buyer's Agent
Alvaro Santillan
Century 21 Allstars
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$309,269
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2008
Sold by
Robinson Barbara J
Bought by
Robinson Barbara J and Barbara J Robinson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
Robinson Barbara J
Bought by
Robinson Barbara J and Barbara J Robinson Trust
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
Kim Seung Hyun $760,000 None Listed On Document
Gonzalez Omar H $315,000 Lawyers Title
Robinson Barbara J -- Gateway Title Company
Robinson Barbara J -- Gateway Title Company
Robinson Barbara J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Seung Hyun $732,830
Previous Owner Gonzalez Omar H $348,000
Previous Owner Gonzalez Omar H $305,377
Previous Owner Gonzalez Omar H $309,269
Previous Owner Robinson Barbara J $297,400
Previous Owner Robinson Barbara J $305,000
Previous Owner Robinson Barbara J $51,876
Previous Owner Robinson Barbara J $240,000
Previous Owner Robinson Barbara J $41,000
Previous Owner Robinson Barbara J $22,000
Previous Owner Robinson Barbara J $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $760,000 -4.9% $409 / Sq Ft
06/20/2023 06/20/23 For Sale $799,000 +153.7% $430 / Sq Ft
09/30/2014 09/30/14 Sold $315,000 -3.1% $170 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $325,000 -- $175 / 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 $9,472 $775,200 $510,000 $265,200
2024 $9,472 $760,000 $500,000 $260,000
2023 $4,722 $363,875 $219,481 $144,394
2022 $4,515 $356,741 $215,178 $141,563
2021 $4,450 $349,747 $210,959 $138,788
2019 $4,240 $339,374 $204,702 $134,672
2018 $4,130 $332,721 $200,689 $132,032
2016 $3,935 $319,803 $192,897 $126,906
2015 $3,878 $315,000 $190,000 $125,000
2014 $614 $31,948 $19,975 $11,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23109408

California Regional Multiple Listing Service (CRMLS)

APN: 5002-028-023