Seller's Agent in 2022
Fernando Reveles Torres
Goldcrest Realty
(323) 369-1425
1 in this area
13 Total Sales
1237 E 48th St Unit 2 Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $732,000 - $1,024,986
6
Beds
3
Baths
1,768
Sq Ft
$521/Sq Ft
Est. Value
Highlights
- Park
- Front Yard
- 1-Story Property
About This Home
As of July 2022Two units in one Lot, front unit is a 3 bedroom 2 bath (legal description is 2 bedroom and 1 bath) Back unit is 3 bedroom and 1 bath(legal description is 2 bedroom and 1 bath). Perfect property for first time buyer, live in the front and collect rent from the back unit. Close to schools, restaurants and downtown.
Last Agent to Sell the Property
Goldcrest Realty License #01488576 Listed on: 03/31/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1905
Lot Details
- 6,809 Sq Ft Lot
- No Common Walls
- Front Yard
Home Design
- Duplex
Interior Spaces
- 1,768 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 19 / 1
- Tax Tract Number 228710
- Assessor Parcel Number 5107018013
- $353 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Recreation
- Park
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2019
Sold by
Cruz Milagro Molina De La and Cruz Eriberto De La
Bought by
Cruz Milagro Molina De La
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2015
Sold by
Rosales Francisca
Bought by
Molina Romero Milagro D
Purchase Details
Closed on
Feb 1, 2012
Sold by
Sovereign Ventures Inc
Bought by
Romero Milagro D Molina and Rosales Francisca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,521
Interest Rate
3.9%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 16, 2011
Sold by
Sovereign Ventures Inc
Bought by
Sovereign Ventures Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
2.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2010
Sold by
Beblie Tracy
Bought by
Sovereign Ventures Inc
Purchase Details
Closed on
Dec 31, 2003
Sold by
Beblie Tracy Allison
Bought by
Beblie Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
7.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 2002
Sold by
Beblie Thornell
Bought by
Beblie Tracy Allison
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cruz Milagro Molina De La | -- | Lawyers Title Company | |
| Molina Romero Milagro D | -- | None Available | |
| Romero Milagro D Molina | $295,000 | Provident Title Company | |
| Sovereign Ventures Inc | -- | Provident Title | |
| Sovereign Ventures Inc | -- | Accommodation | |
| Beblie Tracy | -- | Gateway | |
| Beblie Tracy Allison | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cruz Milagro Molina De La | $345,000 | |
| Previous Owner | Romero Milagro D Molina | $287,521 | |
| Previous Owner | Sovereign Ventures Inc | $130,000 | |
| Previous Owner | Beblie Tracy | $200,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2022 07/01/22 | Sold | $800,000 | +6.7% | $452 / Sq Ft |
| 06/16/2022 06/16/22 | Price Changed | $750,000 | 0.0% | $424 / Sq Ft |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $750,000 | -- | $424 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $10,162 | $832,320 | $707,472 | $124,848 |
| 2024 | $10,162 | $816,000 | $693,600 | $122,400 |
| 2023 | $9,968 | $800,000 | $680,000 | $120,000 |
| 2022 | $4,685 | $370,499 | $188,862 | $181,637 |
| 2021 | $4,622 | $363,235 | $185,159 | $178,076 |
| 2020 | $4,665 | $359,512 | $183,261 | $176,251 |
| 2019 | $4,489 | $352,464 | $179,668 | $172,796 |
| 2018 | $4,388 | $345,554 | $176,146 | $169,408 |
| 2016 | $4,183 | $332,138 | $169,307 | $162,831 |
| 2015 | $3,899 | $308,303 | $123,530 | $184,773 |
| 2014 | $3,924 | $302,265 | $121,111 | $181,154 |
Source: Public Records
Agents Affiliated with this Home
-
Fernando Reveles Torres
-
Leticia (Letty) Cortez
Buyer's Agent in 2022
Leticia (Letty) Cortez
West Shores Realty, Inc.
(310) 651-0149
3 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22063639
APN: 5107-018-013
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