NOT LISTED FOR SALE

1350 E 48th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $962,164 - $1,201,000

8 Beds
4 Baths
2,736 Sq Ft
$381/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $706,000 $258 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,418/month

3 Days on Market

About This Home

As of November 2018

Nice income property located in the City of Los Angeles, this property reflects unit #1 4BED /2BATH UNIT #2 4BED/2BATH. Motivated seller, use this property for investment of for you, live in one and rent the other one.

Last Agent to Sell the Property

Julio Midolo

ReMax Sky License #01470385 Listed on: 08/28/2018

ReMax Sky

Last Buyer's Agent

Julio Midolo

ReMax Sky License #01470385 Listed on: 08/28/2018

ReMax Sky

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,182

Year Built

  • Built in 2010

Lot Details

  • 5,222 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,736 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 7
  • Tax Tract Number 7
  • Assessor Parcel Number 5107021006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,182

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5107021006
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Accessibility Features: See Remarks
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 258.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5222.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2287.20
  • Tax Lot: 7
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 29, 2018
Sold by
Martinez Jose Ramon and Martinez Leticia H
Bought by
Yao Andrew and Teng Rosmawani
Seller's Agent
Julio Midolo
ReMax Sky
Buyer's Agent
Julio Midolo
ReMax Sky
List Price
$720,000
Sold Price
$706,000
Premium/Discount to List
-$14,000
-1.94%
Current Estimated Value
$1,043,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,041
Avg. Annual Appreciation
5.72%
Original Mortgage
$529,500
Outstanding Balance
$462,738
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$580,303

Purchase Details

Closed on
Jul 30, 2013
Sold by
Martinez Jose Ramon
Bought by
Martinez Jose Ramon and Martinez Leticia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,646
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2010
Sold by
Seacliff Properties Inc
Bought by
Martinez Jose Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,787
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Seacliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.14%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 19, 2009
Sold by
Fajardo Vilma Rosa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 11, 2007
Sold by
Ventura Tomasa Jesus
Bought by
Ventura Pedro L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 20, 2006
Sold by
Ventura Pedro L
Bought by
Fajardo Vilma Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 14, 2004
Sold by
Mota Hortencia and Mota Hector
Bought by
Ventura Pedro L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Mota Hortencia and Mota Hector
Bought by
Mota Hector

Purchase Details

Closed on
May 7, 2001
Sold by
Mota Hortencia and Mota Gerardo
Bought by
Mota Hortencia

Purchase Details

Closed on
Feb 4, 2000
Sold by
Salamanca Mariluz
Bought by
Mota Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,539
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2000
Sold by
Chabad Lubavitch Of The Upper Eastside
Bought by
Mota Hortencia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,539
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 1999
Sold by
Hud
Bought by
Chabad Lubavitch Of Upper Eastside

Purchase Details

Closed on
Mar 17, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Nov 18, 1998
Sold by
Ochoa Antonio
Bought by
Homeside Lending Inc

Purchase Details

Closed on
May 10, 1996
Sold by
Salzar Roger
Bought by
Ochoa Antonio
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yao Andrew $706,000 Lawyers Title
Martinez Jose Ramon -- None Available
Martinez Jose Ramon -- Lawyers Title
Seacliff Properties Inc $136,000 Fidelity Natl Title Ins Co
Federal Home Loan Mortgage Corporation $140,938 Accommodation
Ventura Pedro L -- Orange Coast Title
Fajardo Vilma Rosa $435,000 Orange Coast Title
Ventura Pedro L $215,000 Southland Title Company
Mota Hector -- --
Mota Hortencia -- --
Mota Gerardo -- United Title Company
Mota Hortencia $117,500 United Title Company
Chabad Lubavitch Of Upper Eastside $70,000 Provident Title
Hud $112,182 --
Homeside Lending Inc $112,182 Fidelity National Title
Ochoa Antonio $105,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Andrew $529,500
Previous Owner Martinez Jose Ramon $380,646
Previous Owner Martinez Jose Ramon $394,787
Previous Owner Seacliff Properties Inc $280,000
Previous Owner Ventura Pedro L $87,000
Previous Owner Fajardo Vilma Rosa $348,000
Previous Owner Ventura Pedro L $172,000
Previous Owner Mota Hortencia $116,539
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2018 11/01/18 Sold $706,000 -1.9% $258 / Sq Ft
10/15/2018 10/15/18 For Sale $720,000 0.0% $263 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $720,000 -- $263 / 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 $11,182 $914,653 $481,681 $432,972
2024 $11,182 $896,720 $472,237 $424,483
2023 $10,968 $879,138 $462,978 $416,160
2022 $10,462 $861,900 $453,900 $408,000
2021 $6,326 $511,581 $250,544 $261,037
2020 $6,384 $506,336 $247,975 $258,361
2019 $6,139 $496,409 $243,113 $253,296
2018 $6,023 $486,677 $238,347 $248,330
2016 $5,733 $467,781 $229,093 $238,688
2015 $5,650 $460,755 $225,652 $235,103
2014 $5,676 $451,730 $221,232 $230,498
Source: Public Records

Agents Affiliated with this Home

  • Julio Midolo

    Seller's Agent in 2018

    Julio Midolo

    RE/MAX

    (818) 974-1797

    2 in this area

    78 Total Sales

    Julio Midolo
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18210555

California Regional Multiple Listing Service (CRMLS)

APN: 5107-021-006

California Los Angeles County Los Angeles 90011 Central Alameda

1350 E 48th St, Los Angeles, CA

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

Nearby Homes