NOT LISTED FOR SALE

1257 W 45th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $717,000 - $789,000

2 Beds
2 Baths
1,780 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $730,000 $410 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,830/month

21 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • 4-minute walk to Vermont Square Park

About This Home

As of March 2024

Great opportunity just south of USC. This 1,780sq.ft. duplex is situated on a 7,438sq.ft. lot and consists of two 1-bedroom, 1-bathroom units. The property has been renovated with new flooring, updated bathrooms, kitchens and much more. The large lot allows for the exploration of adding an ADU or more parking opportunities. Located near parks, shops and many other staples Los Angeles has to offer, this property is ideal for investors or owner-users alike. Probate sale, court no confirmation required.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 01/22/2024

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Brian Joy

Berkshire Hathaway HomeServices California Properties License #01324371

Last Buyer's Agent

John and Lena Romero

The Realestate Group License #00353258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,974

Year Built

  • Built in 1915

Lot Details

  • 7,438 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5017-016-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,974

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 1780
  • Lot Acreage: 0.1708
  • Probate: Yes
  • Year Built: 1915
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 392.70

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Lot Info

  • Assessed Improvement Percent: 29.44
  • Assessed Improvement Value: 10803
  • Assessed Land Percent: 70.56
  • Assessed Land Value: 25888
  • Total Assessed Value: 36691
  • Assessor Parcel Number: 5017-016-013
  • Lot Size Area: 7438

Rental Info

  • Court Approve: No
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Feb 20, 2024
Sold by
Addie V Murray Trust
Bought by
Tol Miguel Tol and Tol Mateo Tol
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
John and Lena Romero
The Realestate Group
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%
Views
45
Current Estimated Value
$749,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,284
Avg. Annual Appreciation
0.96%
Original Mortgage
$480,000
Outstanding Balance
$472,481
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$267,755

Purchase Details

Closed on
Jan 18, 1996
Sold by
Murray Addie V and Addie V Murray Trust
Bought by
Murray Addie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.25%

Purchase Details

Closed on
Nov 30, 1994
Sold by
Murray Addie V
Bought by
Murray Addie and Addie V Murray Trust
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
Tol Miguel Tol $730,000 California Title Company
Murray Addie -- Provident Title Company
Murray Addie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tol Miguel Tol $480,000
Previous Owner Murray Addie $112,000
Previous Owner Murray Addie $99,500
Previous Owner Murray Addie $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $730,000 +4.4% $410 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $699,000 -- $393 / 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 $8,974 $744,600 $550,800 $193,800
2024 $8,974 $721,620 $504,073 $217,547
2023 $760 $36,691 $25,888 $10,803
2022 $738 $35,973 $25,381 $10,592
2021 $717 $35,269 $24,884 $10,385
2019 $702 $34,485 $24,147 $10,338
2018 $637 $33,815 $23,674 $10,141
2016 $593 $32,254 $22,755 $9,499
2015 $588 $31,771 $22,414 $9,357
2014 $607 $31,149 $21,975 $9,174
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2024

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    7 in this area

    225 Total Sales

    Nancy Sanborn
    Section Image
  • Brian Joy

    Seller Co-Listing Agent in 2024

    Brian Joy

    Berkshire Hathaway HomeServices California Properties

    (818) 590-7303

    6 in this area

    200 Total Sales

    Brian Joy
    Section Image

  • J

    Buyer's Agent in 2024

    John and Lena Romero

    The Realestate Group

    (562) 776-7220

    1 in this area

    7 Total Sales

    John and Lena Romero
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-348805

The MLS

APN: 5017-016-013

California Los Angeles County Los Angeles 90037 Vermont Square

1257 W 45th St, Los Angeles, CA

This home is located at 1257 W 45th St, Los Angeles, CA 90037 since 22 January 2024 and is currently estimated at $749,284, approximately $420 per square foot. This property was built in 1915. 1257 W 45th St is a home located in Los Angeles County with nearby schools including Normandie Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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