NOT LISTED FOR SALE

1305 W 57th St Los Angeles, CA 90037

Vermont-Slauson Neighborhood

Estimated Value: $589,000 - $826,458

2 Beds
1 Bath
1,410 Sq Ft
$471/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $535,000 $379 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,174/month

9 Days on Market

Highlights

  • Laundry Room
  • Back Yard
  • 1-Story Property

About This Home

As of August 2023

Investor!!!! Opportunity to own this well-located Duplex in LA Area
2 Bedrooms 1 Bathroom each unit plus seller has permits to convert garage into a ADU Bringing the value Up

Last Agent to Sell the Property

Gonzalo Gurrola

EXCELLENCE RE REAL ESTATE License #01721238 Listed on: 06/11/2023

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Edwin Samayoa

Excellence RE Real Estate License #01883753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,690

Year Built

  • Built in 1927

Lot Details

  • 3,311 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 5234
  • Assessor Parcel Number 5002012029

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Insurance Expense $100
  • Trash Expense $78
  • Water Sewer Expense $120
  • Operating Expense $498
  • Gross Income $2,695
  • Net Operating Income $32,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,690

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Ad Number: 6263436574
  • Other Phone Number: 6263436574
  • Price Per Unit: 267500
  • Property Attached: Yes
  • Water Sewer Expenses: 120.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5002012029
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: From Entrance side back entrance
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 379.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 78.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3311.00
  • Lot Size Acres: 0.0760

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 2695.00
  • Gross Scheduled Income: 32340.00
  • Insurance Expense: 100.00
  • Lot Size Area: 3311.0000 Square Feet
  • Net Operating Income: 32340.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 498.00

Tax Info

  • Tax Census Tract: 2326.02
  • Tax Lot: 74
  • Tax Tract Number: 5234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2023
Closed on
Jun 30, 2023
Sold by
Garcia Gloria Serrano
Bought by
Alvarez-Simms Sheiliey and Franco Edgar Rolando
Seller's Agent
Gonzalo Gurrola
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Edwin Samayoa
Excellence RE Real Estate
List Price
$535,000
Sold Price
$535,000
Views
86
Current Estimated Value
$663,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,615
Avg. Annual Appreciation
11.25%
Original Mortgage
$525,309
Outstanding Balance
$513,115
Interest Rate
6.71%
Mortgage Type
Construction
Estimated Equity
$150,500

Purchase Details

Closed on
Dec 8, 2006
Sold by
Iniguez Claudia
Bought by
Garcia Gloria Serrano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,150
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 27, 2004
Sold by
Lopez Fernando
Bought by
Iniguez Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2003
Sold by
Hud
Bought by
Lopez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Dec 24, 2002
Sold by
Mendez Leticia
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Jan 8, 2001
Sold by
Koresh Ilana
Bought by
Mendez Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,120
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Koresh Ilana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,550
Interest Rate
8.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 22, 2000
Sold by
Fuentes Elsy M
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Aug 17, 1995
Sold by
Abreo Justino
Bought by
Fuentes Elsy M

Purchase Details

Closed on
Feb 23, 1995
Sold by
Abreo Justino
Bought by
Abreo Justino and Fuentes Elsy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.86%

Purchase Details

Closed on
Dec 16, 1993
Sold by
Gonzalez Jose A
Bought by
Abreo Justino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.2%
Mortgage Type
Seller Take Back
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
Alvarez-Simms Sheiliey $535,000 None Listed On Document
Garcia Gloria Serrano $486,000 North American Title Co
Iniguez Claudia $335,000 First Southwestern Title Co
Lopez Fernando $225,000 Nations
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $200,314 First American Title Ins Co
Mendez Leticia $180,000 Southland Title
Koresh Ilana -- Fidelity National Title
Koresh Ilana -- Fidelity National Title
Washington Mutual Bank Fa $118,000 Stewart Title
Fuentes Elsy M -- --
Abreo Justino -- Benefit Land Title
Abreo Justino $6,500 Progressive Title Company
Abreo Justino -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez-Simms Sheiliey $525,309
Previous Owner Garcia Gloria Serrano $97,150
Previous Owner Garcia Gloria Serrano $388,600
Previous Owner Iniguez Claudia $268,000
Previous Owner Lopez Fernando $191,250
Previous Owner Mendez Leticia $177,120
Previous Owner Koresh Ilana $108,550
Previous Owner Abreo Justino $135,000
Previous Owner Abreo Justino $129,000
Closed Iniguez Claudia $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $535,000 0.0% $379 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $535,000 -- $379 / 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 $6,690 $545,700 $408,000 $137,700
2024 $6,690 $535,000 $400,000 $135,000
2023 $7,781 $625,836 $515,098 $110,738
2022 $7,425 $613,566 $504,999 $108,567
2021 $7,330 $601,537 $495,098 $106,439
2019 $7,113 $583,697 $480,414 $103,283
2018 $7,032 $572,253 $470,995 $101,258
2016 $3,742 $300,000 $247,000 $53,000
2015 $6,126 $500,000 $411,500 $88,500
2014 $6,276 $500,000 $411,500 $88,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gonzalo Gurrola

    EXCELLENCE RE REAL ESTATE

    (626) 343-6574

    1 in this area

    33 Total Sales

    Section Image
  • Edwin Samayoa

    Buyer's Agent in 2023

    Edwin Samayoa

    Excellence RE Real Estate

    (323) 899-3758

    2 in this area

    35 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23103291

California Regional Multiple Listing Service (CRMLS)

APN: 5002-012-029

California Los Angeles County Los Angeles 90037 Vermont-Slauson

1305 W 57th St, Los Angeles, CA

This home is located at 1305 W 57th St, Los Angeles, CA 90037 since 11 June 2023 and is currently estimated at $663,615, approximately $470 per square foot. This property was built in 1927. 1305 W 57th St is a home located in Los Angeles County with nearby schools including John Muir Middle School, Augustus F. Hawkins High A Critical Design And Gaming, and Budlong Avenue Elementary 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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