NOT LISTED FOR SALE

1375 E 56th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $690,000 - $762,637

5 Beds
3 Baths
2,004 Sq Ft
$367/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $540,000 $269 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,471/month

121 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Level Lot

About This Home

As of February 2019

ALL 3 UNITS VACANT!! GREAT INVESTMENT PROPERTY WITH THE GARAGE BEING CONVERTED INTO ANOTHER UNIT. LONG DRIVEWAY FOR PLENTY OF PARKING, ALL UNITS ARE DETACH HAVING THEIR OWN INDIVIDUAL SPACE. 3 SEPARATE METERS FOR, GAS, ELECTRICAL ONLY. HAS A LOT OF POTENTIAL. GREAT LOCATION, ACCESSIBLE TO SCHOOL AND SHOPPING CENTERS. MUST SEE WONT LAST LONG!!

Last Agent to Sell the Property

WILLIAM PULIDO

RE/MAX CHAMPIONS License #01903462 Listed on: 08/27/2018

RE/MAX CHAMPIONS

Last Buyer's Agent

Minerva Moreno

UNITED BROKERS REALTY License #01196169

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,403 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors

Home Design

  • 2,004 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 28
  • Tax Tract Number 2291
  • Assessor Parcel Number 5104019028

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,240
  • Water Sewer Expense $4,200
  • Operating Expense $7,440
  • Gross Income $37,440
  • Net Operating Income $31,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 4200.00
  • Zoning: LAR2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5104019028
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 269.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5403.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 3240.00
  • Gross Income: 37440.00
  • Gross Scheduled Income: 37440.00
  • Lot Size Area: 5403.0000 Square Feet
  • Net Operating Income: 31240.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6200.00
  • Rent Control: Yes
  • Total Expenses: 7440.00

Tax Info

  • Tax Census Tract: 2291.00
  • Tax Lot: 28
  • Tax Tract Number: 2291.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Jan 18, 2019
Sold by
Mateos Celia Guzman
Bought by
Baseri Sara and Cohanshad Pouya
Seller's Agent
WILLIAM PULIDO
RE/MAX CHAMPIONS
Buyer's Agent
Minerva Moreno
UNITED BROKERS REALTY
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$736,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,409
Avg. Annual Appreciation
4.59%
Original Mortgage
$405,000
Outstanding Balance
$355,351
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$381,058

Purchase Details

Closed on
Sep 11, 2003
Sold by
Herrador Julian and Herrador Rosa O
Bought by
Mateos Celia Guzman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,600
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Investors Assistance League Investors In
Bought by
Herrador Julian and Herrador Rosa O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,987
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2000
Sold by
Hud
Bought by
Inventors Assistance League Inventors In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
8.12%

Purchase Details

Closed on
May 15, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
8.12%

Purchase Details

Closed on
Jul 26, 1999
Sold by
Ramirez Juan and Mota Jose R
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Apr 14, 1999
Sold by
Ramirez Juan and Mota Jose R
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Nov 4, 1996
Sold by
Ramirez Daria and Mota Reina Garica
Bought by
Ramirez Juan and Mota Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,570
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1996
Sold by
Hernandez Ana Maria
Bought by
Ramirez Juan and Mota Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,570
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 1994
Sold by
Munoz Salvador H
Bought by
Ana Maria Hernandez Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Baseri Sara $540,000 Old Republic Title Company
Mateos Celia Guzman $264,500 Orange Coast Title
Herrador Julian $195,000 Provident Title
Inventors Assistance League Inventors In $140,000 Provident Title
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $177,022 Fidelity National Title Ins
Norwest Mtg Inc $171,157 Fidelity National Title Ins
Ramirez Juan -- Southland Title
Ramirez Juan $163,000 Southland Title Corporation
Ana Maria Hernandez Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baseri Sara $405,000
Previous Owner Mateos Celia Guzman $211,600
Previous Owner Herrador Julian $191,987
Previous Owner Inventors Assistance League Inventors In $111,500
Previous Owner Ramirez Juan $159,570
Closed Mateos Celia Guzman $39,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $540,000 -1.8% $269 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
12/18/2018 12/18/18 For Sale $550,000 0.0% $274 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $550,000 0.0% $274 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $550,000 -- $274 / 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 $7,493 $602,374 $412,739 $189,635
2024 $7,493 $590,564 $404,647 $185,917
2023 $7,353 $578,985 $396,713 $182,272
2022 $7,018 $567,634 $388,935 $178,699
2021 $6,927 $556,505 $381,309 $175,196
2020 $6,993 $550,800 $377,400 $173,400
2019 $4,260 $337,105 $108,331 $228,774
2018 $4,155 $330,496 $106,207 $224,289
2016 $3,955 $317,665 $102,084 $215,581
2015 $3,898 $312,894 $100,551 $212,343
2014 $3,928 $306,766 $98,582 $208,184
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    WILLIAM PULIDO

    RE/MAX

    (626) 974-0453

    28 Total Sales

    WILLIAM PULIDO
    Section Image
  • Minerva Moreno

    Buyer's Agent in 2019

    Minerva Moreno

    UNITED BROKERS REALTY

    (562) 843-3190

    39 Total Sales

    Minerva Moreno
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18208764

California Regional Multiple Listing Service (CRMLS)

APN: 5104-019-028

California Los Angeles County Los Angeles 90011 Central Alameda

1375 E 56th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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