NOT LISTED FOR SALE

1314 E 48th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $878,000 - $1,158,000

10 Beds
6 Baths
3,600 Sq Ft
$293/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $530,000 $147 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,138/month

35 Days on Market

About This Home

As of June 2014

Wow Wow Wow 2 Brand new town home style units 5 bedrooms and 3 baths each. 3 Car garage and lots of Parking space. Quality construction and excellent floor plan. Desirable LA area. Low E Glass Windows, Granite counter tops through out. Downstairs bedroom. Plush carpeting through out. Lots of closet space.
This property is centrally located to shopping, schools and transportation. Estimated completion date May 7, 2014.

Last Agent to Sell the Property

Julio Juarez

Keller Williams Pacific Estates Cerritos License #01210061 Listed on: 04/07/2014

Keller Williams Pacific Estates Cerritos

Last Buyer's Agent

Daniel Diaz

First Family Homes License #01148097

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 5,223 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 5107021012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Water Sewer Expense $4,200
  • New Taxes Expense $6,862
  • Gross Income $5,000
  • Net Operating Income $55,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Parcel Number: 5107021012
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 147.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 5223.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 5000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5223.0000 Square Feet
  • Net Operating Income: 55000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6862.00
  • Tax Lot: 13
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 17, 2014
Sold by
Pm Developments Llc
Bought by
Gomez Gerardo R and Pesquera Yirased
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Daniel Diaz
First Family Homes
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$1,055,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,095
Avg. Annual Appreciation
6.16%
Original Mortgage
$371,000
Outstanding Balance
$280,804
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$774,291

Purchase Details

Listed on
Jun 6, 2013
Closed on
Aug 7, 2013
Sold by
Ellis Mary L
Bought by
Ellis Charles H
Seller's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Julio Juarez
Keller Williams Pacific Estates Cerritos
List Price
$180,000
Sold Price
$190,000
Premium/Discount to List
$10,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
272.55%

Purchase Details

Closed on
Jun 28, 2013
Sold by
Ellis Edward C
Bought by
Pm Developments Llc

Purchase Details

Closed on
Sep 15, 2003
Sold by
Ellis Edward C
Bought by
Ellis Edward C
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
Gomez Gerardo R $530,000 Title 365
Ellis Charles H -- Fidelity National Title Co
Pm Developments Llc $183,000 Fidelity National Title Co
Ellis Edward C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Gerardo R $371,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2014 06/30/14 Sold $530,000 -3.5% $147 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $549,000 +188.9% $153 / Sq Ft
09/18/2013 09/18/13 Sold $190,000 +5.6% $199 / Sq Ft View Prior Sale
06/25/2013 06/25/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $180,000 -- $189 / 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 $8,112 $649,695 $183,874 $465,821
2024 $8,112 $636,957 $180,269 $456,688
2023 $7,960 $624,469 $176,735 $447,734
2022 $7,598 $612,225 $173,270 $438,955
2021 $7,489 $600,222 $169,873 $430,349
2019 $7,269 $582,422 $164,836 $417,586
2018 $7,160 $571,003 $161,604 $409,399
2016 $6,815 $548,832 $155,330 $393,502
2015 $6,600 $540,589 $152,997 $387,592
2014 -- $183,000 $146,200 $36,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Julio Juarez

    Keller Williams Pacific Estates Cerritos

    Section Image
  • Daniel Diaz

    Buyer's Agent in 2014

    Daniel Diaz

    First Family Homes

    (562) 843-4887

    2 in this area

    22 Total Sales

    Daniel Diaz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14070981

California Regional Multiple Listing Service (CRMLS)

APN: 5107-021-012

California Los Angeles County Los Angeles 90011 Central Alameda

1314 E 48th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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