131 W 56th St Los Angeles, CA 90037
South Park NeighborhoodEstimated Value: $572,000 - $717,000
2
Beds
2
Baths
1,480
Sq Ft
$441/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Tile Flooring
- South Facing Home
- Deck
- Ceiling Fan
- Auto Driveway Gate
About This Home
As of January 2014BIG PRICE REDUCTION. WILL LOOK AT ALL OFFERS Actual size is 1480, however records show 1270. Buyer to check . Fast developing part of Los Angeles. Standard sale. Clean duplex. Has two separate water meters, electrical and gas. Needs a little TLC. Each building is currently two bed room one bath. The second bed rooms are not permitted. Buyer to complete their own due diligence. Priced right to sale. Sellers are motivated. Showing on accepted offer, drive by only. Do not disturb the tenants.
Last Agent to Sell the Property
Living In America Financial License #01324476 Listed on: 10/27/2013
Last Buyer's Agent
Wilhemina Mills
License #01095980
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,410
Year Built
- Built in 1917
Lot Details
- 5,441 Sq Ft Lot
- South Facing Home
Home Design
- Duplex
- Mid Level
- Additions or Alterations
- Asphalt Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,480 Sq Ft Home
- Ceiling Fan
- Tile Flooring
- Laundry Located Outside
Bedrooms and Bathrooms
- 2 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Auto Driveway Gate
Utilities
- Heating System Uses Natural Gas
- Gas Water Heater
- Sewer in Street
Additional Features
- Deck
- City Lot
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Assessor Parcel Number 5101-030-008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2013
Closed on
Dec 23, 2013
Sold by
Mesa Investment Group Inc
Bought by
Ochoa Jose A
Seller's Agent
Avraham Khordian
Living In America Financial
Buyer's Agent
Wilhemina Mills
List Price
$289,000
Sold Price
$274,000
Premium/Discount to List
-$15,000
-5.19%
Total Days on Market
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,367
Avg. Annual Appreciation
7.93%
Original Mortgage
$201,750
Outstanding Balance
$154,602
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$497,765
Purchase Details
Closed on
Apr 11, 2011
Sold by
Javaheri Kambiz
Bought by
Mesa Investment Group Inc
Purchase Details
Closed on
Jul 20, 2010
Sold by
Shafighi Katrin
Bought by
Javaheri Kambiz
Purchase Details
Closed on
Jul 2, 2010
Sold by
Shahco Inc
Bought by
Mesa Investment Group Inc
Purchase Details
Closed on
Aug 24, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Shahco Inc
Purchase Details
Closed on
Sep 26, 2008
Sold by
Alcocer Carmen
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Jun 15, 2006
Sold by
The J Greene Third Family Lp
Bought by
Alcocer Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 28, 1994
Sold by
South Vern Ltd Partnership
Bought by
The J Greene Third Family Ltd Prtnrshp
Purchase Details
Closed on
Aug 10, 1993
Sold by
Greene Julius
Bought by
South Vern Limited Partnership
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ochoa Jose A | $274,000 | Priority Title | |
| Mesa Investment Group Inc | $63,500 | None Available | |
| Javaheri Kambiz | -- | Calcounties Title Nation | |
| Mesa Investment Group Inc | $127,000 | Cctn | |
| Shahco Inc | $100,000 | Servicelink | |
| Deutsche Bank National Trust Co | $153,000 | None Available | |
| Alcocer Carmen | $450,000 | Security Union Title Ins Co | |
| The J Greene Third Family Ltd Prtnrshp | -- | -- | |
| South Vern Limited Partnership | $17,417 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ochoa Jose A | $201,750 | |
| Previous Owner | Alcocer Carmen | $513,000 | |
| Previous Owner | Alcocer Carmen | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/23/2014 01/23/14 | Sold | $274,000 | -5.2% | $185 / Sq Ft |
| 11/29/2013 11/29/13 | Pending | -- | -- | -- |
| 10/27/2013 10/27/13 | For Sale | $289,000 | -- | $195 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,410 | $341,309 | $228,342 | $112,967 |
| 2023 | $4,329 | $334,617 | $223,865 | $110,752 |
| 2022 | $4,134 | $328,057 | $219,476 | $108,581 |
| 2021 | $4,080 | $321,625 | $215,173 | $106,452 |
| 2019 | $3,962 | $312,328 | $208,792 | $103,536 |
| 2018 | $3,866 | $306,210 | $204,699 | $101,511 |
| 2016 | $3,689 | $294,091 | $196,751 | $97,340 |
| 2015 | $3,637 | $289,674 | $193,796 | $95,878 |
| 2014 | $2,351 | $176,529 | $125,288 | $51,241 |
Source: Public Records
Agents Affiliated with this Home
-
Avraham Khordian
A
Seller's Agent in 2014
Avraham Khordian
Living In America Financial
(818) 906-5390
1 in this area
4 Total Sales
-
W
Buyer's Agent in 2014
Wilhemina Mills
Map
Source: The MLS
MLS Number: 13-714209
APN: 5101-030-008
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