NOT LISTED FOR SALE

1291 E 40th Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $707,000 - $1,146,000

4 Beds
3 Baths
1,742 Sq Ft
$560/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $410,000 $235 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,706/month

77 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • 1-Story Property
  • 2 Car Attached Garage
  • Central Heating

About This Home

As of June 2018

PROBATE. SUBJECT TO COURT CONFIRMATION. COURT HEARING IS JULY 19, 2017. NO NEW OFFERS. Must come to court to bid. GREAT INVESTMENT & perfect for owner occupant. THREE UNITS. Property sits on a CORNER lot & consists of a Single Family Residence w/ 2 BDR + 1 BA & formal dining room. Second unit is 1 BDR + 1 BA . Third unit is a bachelor unit. Property is to be sold "AS IS". NO FHA. Seller to select services. Seller will NOT do termite.

Last Agent to Sell the Property

Alasia Christopher

Accent Realty License #00839438 Listed on: 03/01/2017

Last Buyer's Agent

Andrew Brody

Equity Union License #01776328

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 5,191

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,742 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,191 Sq Ft Lot
  • Central Heating

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5114-032-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

5,191 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1742
  • Probate: Yes
  • Stories: 1
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 221.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 20684
  • Assessed Land Value: 17161
  • Assessor Parcel Number: 5114-032-016
  • Geocode Override: No
  • Lot Size Area: 5191

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Coghill Jeffrey P
Bought by
Chicama Capital Partners Llc
Current Estimated Value
$976,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2022
Sold by
Hale Management Llc
Bought by
Coghill Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2019
Sold by
Rallo Brandon and Coghill Jeffrey P
Bought by
Hale Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Hale Management Llc
Bought by
Rallo Brandon and Coghill Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2017
Sold by
Meeks David and Estate Of Juanita R Meeks
Bought by
Hale Management Llc
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
Chicama Capital Partners Llc -- Accommodation/Courtesy Recordi
Coghill Jeffrey P -- Progressive Title
Hale Management Llc -- None Available
Rallo Brandon -- Lawyers Title
Rallo Brandon -- Lawyers Title Company
Hale Management Llc $410,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coghill Jeffrey P $432,000
Previous Owner Rallo Brandon $374,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $410,000 +6.5% $235 / Sq Ft
07/06/2017 07/06/17 For Sale $385,000 0.0% $221 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $385,000 -- $221 / Sq Ft
Source: The MLS

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 $8,110 $655,825 $488,155 $167,670
2024 $8,110 $642,967 $478,584 $164,383
2023 $7,957 $630,360 $469,200 $161,160
2022 $5,514 $439,601 $321,660 $117,941
2021 $5,442 $430,982 $315,353 $115,629
2020 $5,493 $426,564 $312,120 $114,444
2019 $5,285 $418,200 $306,000 $112,200
2018 $665 $39,372 $17,854 $21,518
2016 $616 $37,845 $17,161 $20,684
2015 $609 $37,278 $16,904 $20,374
2014 $631 $36,548 $16,573 $19,975
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alasia Christopher

    Accent Realty

    (323) 933-8595

    7 Total Sales

    Alasia Christopher
    Section Image
  • Andrew Brody

    Buyer's Agent in 2018

    Andrew Brody

    Equity Union

    (818) 288-3247

    60 Total Sales

    Andrew Brody
    Section Image
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Map

Source: The MLS

MLS Number: 17-207262

The MLS

APN: 5114-032-016

California Los Angeles County Los Angeles 90011 Central Alameda

1291 E 40th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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