NOT LISTED FOR SALE

1270 E 48th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $731,000 - $864,000

4 Beds
3 Baths
1,605 Sq Ft
$483/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $399,000 $249 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,681/month

46 Days on Market

About This Home

As of September 2015

Remodeled property in a very central area of LA with strong rentals. Live in one rent the other or rent both! Detached garage. Open floor plan. Ample amount of space for a family. Plenty of yard space.

Last Agent to Sell the Property

Diego Esquivel

Camerra Capital License #01733351 Listed on: 07/16/2015

Last Buyer's Agent

Diego Esquivel

Camerra Capital License #01733351 Listed on: 07/16/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,852

Year Built

  • Built in 1904

Lot Details

  • 6,781 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • 1,605 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5107020024

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $600
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $4,988
  • Gross Income $2,400
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,852

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 5107020024
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 248.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6781.00
  • Price Per Lot Square Foot: 58.84
  • Lot Size Acres: 0.1560

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6781.0000 Square Feet
  • Net Operating Income: 28800.00
  • 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: 1200.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4988.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2022
Sold by
Ruiz Erick R
Bought by
Erick R Ruiz And Bertha Santibanes Soto Revoc
Current Estimated Value
$765,886

Purchase Details

Closed on
Mar 24, 2021
Sold by
Santibanes Bertha and Ruiz Erick
Bought by
Ruiz Erick and Soto Bertha Santibanes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,770
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2016
Sold by
Ruiz Erick
Bought by
Soto Bertha Santibanes and Ruiz Erick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,786
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 23, 2015
Sold by
Soto Bertha Santibanes
Bought by
Ruiz Erick
Seller's Agent
Diego Esquivel
Camerra Capital
Buyer's Agent
Diego Esquivel
Camerra Capital
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$391,773
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 16, 2015
Closed on
Aug 3, 2015
Sold by
Warren Sarah
Bought by
Ruiz Erick and Perez Enrique
Seller's Agent
Diego Esquivel
Camerra Capital
Buyer's Agent
Diego Esquivel
Camerra Capital
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,773
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2015
Sold by
Val Cal Group Inc
Bought by
Warren Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,729
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2014
Sold by
Monteon Lorena R
Bought by
Monteon Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2014
Sold by
Monteon Maria Elena
Bought by
Val Cal Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 2009
Sold by
Monteon Adrian
Bought by
Monteon Adrian

Purchase Details

Closed on
May 14, 2009
Sold by
Monteon Maria Elena
Bought by
Monteon Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2006
Sold by
Chavez Juan Carlos
Bought by
Monteon Adrian

Purchase Details

Closed on
Jan 28, 2004
Sold by
Chavez Juan Carlos and Herrera Rosendo
Bought by
Chavez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 1996
Sold by
Montes Susana
Bought by
Michel Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,060
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1993
Sold by
Morales Alberto and Morales Carmen
Bought by
Morales Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.95%
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
Erick R Ruiz And Bertha Santibanes Soto Revoc -- None Listed On Document
Ruiz Erick -- Usa National Title Co
Soto Bertha Santibanes -- Wfg National Title Co Of Ca
Ruiz Erick -- Lawyers Title
Ruiz Erick $399,000 None Available
Warren Sarah $291,000 Pacific Coast Title Company
Monteon Adrian -- Pacific Coast Title
Val Cal Group Inc $320,000 Pacific Coast Title
Monteon Maria Elena -- Pacific Coast Title
Monteon Adrian -- Accommodation
Monteon Adrian -- Chicago Title
Monteon Adrian -- None Available
Chavez Juan Carlos -- Investors Title Company
Michel Eduardo -- Orange Coast Title
Chavez Juan Carlos $141,000 --
Morales Alberto -- Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Erick $367,770
Previous Owner Soto Bertha Santibanes $388,786
Previous Owner Ruiz Erick $391,773
Previous Owner Warren Sarah $285,729
Previous Owner Valenzuela Leopoldo $14,000
Previous Owner Val Cal Group Inc $225,600
Previous Owner Monteon Adrian $168,750
Previous Owner Monteon Adrian $165,713
Previous Owner Chavez Juan Carlos $146,000
Previous Owner Chavez Juan Carlos $139,060
Previous Owner Morales Alberto $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $399,000 0.0% $249 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $399,000 +37.1% $249 / Sq Ft
04/22/2015 04/22/15 Sold $291,000 -19.2% $181 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $360,000 -- $224 / 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 $5,852 $467,696 $322,350 $145,346
2024 $5,852 $458,527 $316,030 $142,497
2023 $5,743 $449,537 $309,834 $139,703
2022 $5,482 $440,723 $303,759 $136,964
2021 $5,411 $432,082 $297,803 $134,279
2020 $5,462 $427,653 $294,750 $132,903
2019 $5,253 $419,269 $288,971 $130,298
2018 $5,152 $411,049 $283,305 $127,744
2016 $4,963 $399,000 $275,000 $124,000
2015 $4,022 $320,000 $190,000 $130,000
2014 $3,110 $236,803 $106,298 $130,505
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Diego Esquivel

    Camerra Capital

    (323) 807-7242

    10 Total Sales

    Section Image

  • T

    Seller's Agent in 2015

    Thelma Gastelum

    The Associates Realty Group

    (562) 639-6639

    11 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15155755

California Regional Multiple Listing Service (CRMLS)

APN: 5107-020-024

California Los Angeles County Los Angeles 90011 Central Alameda

1270 E 48th St, Los Angeles, CA

This home is located at 1270 E 48th St, Los Angeles, CA 90011 since 16 July 2015 and is currently estimated at $775,478, approximately $483 per square foot. This property was built in 1904. 1270 E 48th St is a home located in Los Angeles County with nearby schools including Sally Ride Elementary: A Smart Academy, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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