NOT LISTED FOR SALE

1272 E 56th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $530,000 - $1,278,000

2 Beds
1 Bath
1,134 Sq Ft
$884/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $280,000 $247 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $6,596/month

22 Days on Market

About This Home

As of December 2016

This is a true fixer / investors dream / handyman special whatever you want to call it. It's an opportunity for an investor to take a do multiple things with the property to achieve their goals.

Last Agent to Sell the Property

Larry Hughes

Larry Hughes, Broker License #01487068 Listed on: 10/24/2016

Last Buyer's Agent

Jeremy Thana

AIE Realty Inc License #01877530

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,392 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Parking

  • 2 Car Garage

Home Design

  • 1,134 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot ?
  • Assessor Parcel Number 5104023004

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5104023004
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1134.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 246.91
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5392.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 2291.00
  • Tax Lot: ?
  • Tax Tract Number: ?

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2017
Sold by
Ocean Development Inc
Bought by
Oak Glen Properties Llc
Current Estimated Value
$1,088,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 24, 2016
Closed on
Nov 23, 2016
Sold by
Redding Stephanie
Bought by
Ocean Development Inc
Seller's Agent
Larry Hughes
Larry Hughes, Broker
Buyer's Agent
Jeremy Thana
AIE Realty Inc
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$514,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2009
Sold by
Redding Annie and Redding Stephanie
Bought by
Brumfield Donnie

Purchase Details

Closed on
Jul 3, 2008
Sold by
Redding Annie and Redding Stephanie
Bought by
Redding Annie

Purchase Details

Closed on
Jul 15, 1900
Sold by
Redding Annie
Bought by
Redding Annie
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
Oak Glen Properties Llc $780,000 Lawyers Title
Ocean Development Inc $280,000 Lawyers Title
Brumfield Donnie -- None Available
Redding Annie -- None Available
Redding Annie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oak Glen Properties Llc $539,000
Previous Owner Ocean Development Inc $514,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $280,000 +1.8% $247 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $275,000 -- $243 / 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 $10,839 $887,501 $432,371 $455,130
2024 $10,839 $870,100 $423,894 $446,206
2023 $10,631 $853,040 $415,583 $437,457
2022 $10,139 $836,315 $407,435 $428,880
2021 $10,001 $819,918 $399,447 $420,471
2019 $9,703 $795,600 $387,600 $408,000
2018 $9,660 $780,000 $380,000 $400,000
2016 $1,299 $95,146 $53,153 $41,993
2015 $1,283 $93,718 $52,355 $41,363
2014 $1,296 $91,883 $51,330 $40,553
Source: Public Records

Agents Affiliated with this Home

  • Larry Hughes

    Seller's Agent in 2016

    Larry Hughes

    Larry Hughes, Broker

    (323) 228-2736

    4 Total Sales

    Larry Hughes
    Section Image

  • J

    Buyer's Agent in 2016

    Jeremy Thana

    AIE Realty Inc

    (562) 552-7608

    5 in this area

    42 Total Sales

    Jeremy Thana
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16732099

California Regional Multiple Listing Service (CRMLS)

APN: 5104-023-004

California Los Angeles County Los Angeles 90011 Central Alameda

1272 E 56th St, Los Angeles, CA

Not Listed for Sale

Detached

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