NOT LISTED FOR SALE

1251 E 57th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $589,000 - $781,000

5 Beds
3 Baths
1,864 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $380,000 $204 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,201/month

35 Days on Market

Highlights

  • Shed
  • Floor Furnace
  • 1-Story Property
  • Detached Carport Space

About This Home

As of April 2017

Property needs updating and rear unit is vaant. Do not disturb trenants in frontMOTIVATED SELLER!3 bedrooms + 2 baths VacantSelling AS-Is Buye's ) and his or her agent's to verify all Information

Last Agent to Sell the Property

Jean-Guy Bellegarde

JGB & Associates License #01154359 Listed on: 01/01/2017

Last Buyer's Agent

Shih-Chen Liu

License #01848795

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,391

Home Design

  • Duplex
  • Fixer Upper

Interior Spaces

  • 1,864 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Detached Carport Space

Utilities

  • Floor Furnace
  • Sewer in Street

Additional Features

  • Shed
  • 5,391 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5104-023-033

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1864
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1905
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 214.59

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 17371
  • Assessed Land Value: 12398
  • Assessor Parcel Number: 5104-023-033
  • Geocode Override: No
  • Lot Size Area: 5391

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 80.00
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Duplexes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2017
Closed on
Feb 17, 2017
Sold by
Park Kenneth
Bought by
Park Sahra Sune
Seller's Agent
Jean-Guy Bellegarde
JGB & Associates
Buyer's Agent
Shih-Chen Liu
List Price
$424,000
Sold Price
$380,000
Premium/Discount to List
-$44,000
-10.38%
Current Estimated Value
$722,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,071
Avg. Annual Appreciation
7.58%
Original Mortgage
$228,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2017
Closed on
Feb 7, 2017
Sold by
Baker Mkesha
Bought by
Park Sahra Sune
Seller's Agent
Jean-Guy Bellegarde
JGB & Associates
Buyer's Agent
Shih-Chen Liu
List Price
$424,000
Sold Price
$380,000
Premium/Discount to List
-$44,000
-10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 1998
Sold by
Sims Ollie L
Bought by
Sims Ollie Lee and The Ollie Lee Sims Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Park Sahra Sune -- Lawyers Title
Park Sahra Sune $380,000 Lawyers Title
Sims Ollie Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Sahra Sune $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $380,000 -5.0% $204 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
01/24/2017 01/24/17 Price Changed $400,000 -2.0% $215 / Sq Ft
01/11/2017 01/11/17 Price Changed $408,000 -3.8% $219 / Sq Ft
01/01/2017 01/01/17 For Sale $424,000 -- $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 $5,538 $441,016 $313,355 $127,661
2024 $5,538 $432,369 $307,211 $125,158
2023 $5,435 $423,892 $301,188 $122,704
2022 $5,188 $415,582 $295,283 $120,299
2021 $5,119 $407,435 $289,494 $117,941
2019 $4,970 $395,352 $280,908 $114,444
2018 $4,873 $387,600 $275,400 $112,200
2016 $560 $29,769 $12,398 $17,371
2015 $555 $29,323 $12,212 $17,111
2014 $572 $28,749 $11,973 $16,776
Source: Public Records

Agents Affiliated with this Home

  • S

    Buyer's Agent in 2017

    Shih-Chen Liu

  • J

    Buyer's Agent in 2017

    Jeannie Lee

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Map

Source: The MLS

MLS Number: 16-187996

The MLS

APN: 5104-023-033

California Los Angeles County Los Angeles 90011 Central Alameda

1251 E 57th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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