NOT LISTED FOR SALE

1208 E 48th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $744,984 - $815,000

4 Beds
3 Baths
1,752 Sq Ft
$449/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $384,900 $220 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,602/month

64 Days on Market

About This Home

As of February 2016

GREAT DUPLEX, EACH UNIT IS A STAND ALONE BUILDING. STANDARD SALE. FRONT UNIT WAS COMPLETELY RENOVATED 2 BEDROOMS, 2 BATHS WITH ATTACHED 1 CAR GARAGE THAT COULD BE USED AS AN EXTRA UN-PERMITTED BEDROOM, UNIT IS A LARGE TWO STORY WITH NEW PAINT, NEW FLOORS, NEW TILE IN KITCHEN AND TWO BATHROOMS, NEW KITCHEN CABINETS AND COUNTER, NEW APPLIANCES, NEW TOILETS. BACK UNIT IS OCCUPIED WITH A GREAT TENANT PAYING $1,225 A MONTH. SINCE THERE ARE TWO WATER METERS THE TENANT PAYS ALL THEIR UTILITIES (GAS, ELECTRIC AND WATER). PROPERTY WAS FUMIGATED ON OCTOBER 2015. THIS IS A GREAT PROPERTY FOR AN INVESTOR OR OWNER OCCUPIED THAT WANTS THE BACK TENANT TO COVER THEIR MORTGAGE PAYMENT. PROPERTY COULD GO FHA

Last Agent to Sell the Property

Tal Bader

Bader Realty, Inc. License #01751052 Listed on: 11/16/2015

Last Buyer's Agent

Andy Goitia

License #01970437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,574

Year Built

  • Built in 1955

Lot Details

  • 4,362 Sq Ft Lot

Home Design

  • 1,752 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Car Garage
  • Auto Driveway Gate

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5107-020-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,574

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1752
  • Year Built: 1955
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 219.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway Gate, Garage - 1 Car
  • Total Parking: 3

Utilities

  • Cooling: Wall/Window
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 177000
  • Assessed Land Value: 180000
  • Assessor Parcel Number: 5107-020-005
  • Geocode Override: No
  • Lot Size Area: 4362

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.90
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 13, 2016
Sold by
Better Investments Llc
Bought by
Becerra Salazar Camilo
Seller's Agent
Tal Bader
Bader Realty, Inc.
Buyer's Agent
Andy Goitia
List Price
$389,900
Sold Price
$384,900
Premium/Discount to List
-$5,000
-1.28%
Current Estimated Value
$786,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,596
Avg. Annual Appreciation
7.66%
Original Mortgage
$377,927
Outstanding Balance
$304,825
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$481,671

Purchase Details

Listed on
Nov 5, 2014
Closed on
Dec 26, 2014
Sold by
The Bank Of New York Corporation
Bought by
Better Investments Llc
Seller's Agent
Matias Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Tal Bader
Bader Realty, Inc.
List Price
$338,700
Sold Price
$265,500
Premium/Discount to List
-$73,200
-21.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.41%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Martinez Iris Ebilia
Bought by
The Bank Of New York Mellon Corporation

Purchase Details

Closed on
Jul 1, 2003
Sold by
Garcia Antonio
Bought by
Martinez Iris Ebilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Solare Corp
Bought by
Martinez Iris Ebilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2002
Sold by
Deutsche Bank Trust Company America
Bought by
Solare Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.03%

Purchase Details

Closed on
Jul 24, 2002
Sold by
Lopez Alice
Bought by
Deutsche Bank Trust Company America and Bankers Trust Company

Purchase Details

Closed on
Jan 18, 2001
Sold by
Fernandez Teresa Marie
Bought by
Lopez Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
7.41%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Hud
Bought by
Fernandez Teresa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,150
Interest Rate
8.29%

Purchase Details

Closed on
Mar 13, 2000
Sold by
Firstar Bank Na
Bought by
Hud

Purchase Details

Closed on
Sep 29, 1999
Sold by
Enriqueta Fuentes Fabian and Enriqueta Enriqueta
Bought by
Firstar Bank Na and Star Bank Na

Purchase Details

Closed on
Jul 28, 1998
Sold by
Curiel Teodulo G and Curiel Lucila E
Bought by
Fuentes Fabian and Fuentes Enriqueta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,469
Interest Rate
6.71%
Mortgage Type
FHA
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
Becerra Salazar Camilo $385,000 Lawyers Title
Better Investments Llc $279,000 None Available
The Bank Of New York Mellon Corporation $470,226 None Available
Martinez Iris Ebilia -- First American Title Co
Martinez Iris Ebilia $241,000 First American Title Co
Solare Corp $170,000 Lawyers Title
Deutsche Bank Trust Company America $184,000 --
Lopez Alice $230,000 New Century Title Company
Fernandez Teresa Marie $157,000 United Title Company
Hud -- United Title Company
Hud -- --
Firstar Bank Na $207,312 United Title Company
Firstar Bank Na $207,312 United Title Company
Fuentes Fabian $195,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becerra Salazar Camilo $377,927
Previous Owner Martinez Iris Ebilia $192,800
Previous Owner Solare Corp $164,500
Previous Owner Lopez Alice $218,250
Previous Owner Fernandez Teresa Marie $149,150
Previous Owner Fuentes Fabian $189,469
Closed Martinez Iris Ebilia $48,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2016 02/25/16 Sold $384,900 -1.3% $220 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $389,900 +46.9% $223 / Sq Ft
02/13/2015 02/13/15 Sold $265,500 -21.6% $152 / Sq Ft View Prior Sale
12/18/2014 12/18/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $338,700 -- $193 / 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 $5,574 $455,754 $201,242 $254,512
2024 $5,574 $446,819 $197,297 $249,522
2023 $5,467 $438,059 $193,429 $244,630
2022 $5,215 $429,471 $189,637 $239,834
2021 $5,144 $421,051 $185,919 $235,132
2020 $5,192 $416,735 $184,013 $232,722
2019 $4,990 $408,564 $180,405 $228,159
2018 $4,920 $400,554 $176,868 $223,686
2016 $3,556 $283,025 $172,592 $110,433
2015 $4,439 $357,000 $180,000 $177,000
2014 $3,605 $279,512 $163,533 $115,979
Source: Public Records

Agents Affiliated with this Home

  • Tal Bader

    Seller's Agent in 2016

    Tal Bader

    Bader Realty, Inc.

    (310) 345-4073

    9 Total Sales

    Tal Bader
    Section Image

  • A

    Buyer's Agent in 2016

    Andy Goitia

  • Matias Stofenmacher

    Seller's Agent in 2015

    Matias Stofenmacher

    Edgestone Real Estate, Inc.

    (818) 464-5707

    1 in this area

    50 Total Sales

    Matias Stofenmacher
    Section Image
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Map

Source: The MLS

MLS Number: 15-959469

The MLS

APN: 5107-020-005

California Los Angeles County Los Angeles 90011 Central Alameda

1208 E 48th St, Los Angeles, CA

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