139 W 48th St Los Angeles, CA 90037
South Park Neighborhood
3
Beds
4
Baths
1,970
Sq Ft
4,744
Sq Ft Lot
Highlights
- 4 Car Attached Garage
- Tile Flooring
- 1-Story Property
About This Home
As of March 2023Attractive Four Unit property divided into 2 buildings consisting of three 1 bedroom units and 1 over-sized studio unit. Each unit has 1 bath. The interiors are large. Layouts vary. The front building, which has a duplex style design, consist of two units, a 1 bedroom unit and the studio apartment which is quite spacious. There are two units over the garage at the rear of the property. Some units have updated kitchen counter tops and feature stainless steel sinks . Each unit has a shower over the tub. Property displays pride of ownership and has been professionally managed for several years. Most tenants are long term, however, the studio unit will be delivered vacant at the close of escrow. There is a 4 car garage and some off street parking. The property is within walking distance to public transportation, minutes away from the 110 freeway, and near food and retail shopping as well as public services. The property is also a short distance from USC and Downtown LA.
Last Agent to Sell the Property
Rodeo Realty- Brentwood License #00959668 Listed on: 10/05/2015
Last Buyer's Agent
Jose Fregoso
Estate Properties License #01103206
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,457
Year Built
- Built in 1912
Parking
- 4 Car Attached Garage
Home Design
- Quadruplex
Interior Spaces
- 1,970 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Additional Features
- 4,744 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5110-013-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
May 8, 2023
Sold by
Saint Simon Buildings Llc
Bought by
Saint Simon Building Llc
Seller's Agent
Juan Pena
Real Broker
Buyer's Agent
Mike Antoun
West Shores Realty, Inc.
List Price
$819,999
Sold Price
$740,000
Premium/Discount to List
-$79,999
-9.76%
Views
27
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
$60,868
Avg. Annual Appreciation
2.48%
Original Mortgage
$444,000
Outstanding Balance
$434,106
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$348,996
Purchase Details
Listed on
Mar 3, 2023
Closed on
Mar 29, 2023
Sold by
Marshall Ashley Nicole
Bought by
Saint Simon Buildings Llc
Seller's Agent
Juan Pena
Real Broker
Buyer's Agent
Mike Antoun
West Shores Realty, Inc.
List Price
$819,999
Sold Price
$740,000
Premium/Discount to List
-$79,999
-9.76%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Outstanding Balance
$434,106
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$348,996
Purchase Details
Listed on
Mar 8, 2021
Closed on
Jun 15, 2021
Sold by
Sahab Llc
Bought by
Marshall Ashley Nicole
Seller's Agent
Michael Mehdizadeh
Andrew C. Lee
Buyer's Agent
Hammed Animashaun
KW Advisors
List Price
$695,000
Sold Price
$640,000
Premium/Discount to List
-$55,000
-7.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$628,408
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 5, 2017
Closed on
Jun 27, 2017
Sold by
Fregoso Umana Jose I and Fregoso Arroyo Adalbert
Bought by
Sahab Llc
Seller's Agent
Paula Arroyo
Excellence RE Real Estate, Inc.
Buyer's Agent
Errol Spiro
Miller & Desatnik Realty Co.
List Price
$485,000
Sold Price
$425,000
Premium/Discount to List
-$60,000
-12.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Purchase Details
Listed on
Oct 5, 2015
Closed on
Dec 17, 2015
Sold by
Umana Jose I
Bought by
Arroyo Adalbert Fregoso
Seller's Agent
Rhonda Payne
Rodeo Realty- Brentwood
Buyer's Agent
Jose Fregoso
Estate Properties
List Price
$401,000
Sold Price
$325,000
Premium/Discount to List
-$76,000
-18.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%
Original Mortgage
$220,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 5, 2015
Closed on
Dec 10, 2015
Sold by
Castine Vanessa A and Castine Deborah D
Bought by
Umana Jose I
Seller's Agent
Rhonda Payne
Rodeo Realty- Brentwood
Buyer's Agent
Jose Fregoso
Estate Properties
List Price
$401,000
Sold Price
$325,000
Premium/Discount to List
-$76,000
-18.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 22, 2005
Sold by
Castine Modestine
Bought by
Castine Modestine and Modestine Castine Trust
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title Company | |
| Grant Deed | $740,000 | Pacific Coast Title | |
| Grant Deed | $640,000 | North American Title Company | |
| Grant Deed | $425,000 | Progressive Title | |
| Grant Deed | $52,500 | Old Republic Title Company | |
| Grant Deed | $325,000 | Progressive Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $444,000 | New Conventional | |
| Previous Owner | $628,408 | FHA | |
| Previous Owner | $220,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2023 03/31/23 | Sold | $740,000 | -9.8% | $374 / Sq Ft |
| 03/16/2023 03/16/23 | Pending | -- | -- | -- |
| 03/03/2023 03/03/23 | For Sale | $819,999 | +28.1% | $415 / Sq Ft |
| 06/23/2021 06/23/21 | Sold | $640,000 | -7.9% | $324 / Sq Ft |
| 04/30/2021 04/30/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | For Sale | $695,000 | +63.5% | $352 / Sq Ft |
| 07/17/2017 07/17/17 | Sold | $425,000 | -12.4% | $215 / Sq Ft |
| 06/05/2017 06/05/17 | For Sale | $485,000 | +49.2% | $245 / Sq Ft |
| 12/21/2015 12/21/15 | Sold | $325,000 | -19.0% | $165 / Sq Ft |
| 12/05/2015 12/05/15 | Pending | -- | -- | -- |
| 10/05/2015 10/05/15 | For Sale | $401,000 | -- | $204 / 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 | $9,457 | $754,800 | $306,000 | $448,800 |
| 2023 | $8,388 | $665,856 | $468,180 | $197,676 |
| 2022 | $8,004 | $652,800 | $459,000 | $193,800 |
| 2021 | $5,631 | $446,750 | $315,353 | $131,397 |
| 2020 | $5,683 | $442,170 | $312,120 | $130,050 |
| 2019 | $5,468 | $433,500 | $306,000 | $127,500 |
| 2018 | $5,384 | $425,000 | $300,000 | $125,000 |
| 2016 | $4,141 | $325,000 | $130,000 | $195,000 |
| 2015 | $644 | $31,566 | $12,621 | $18,945 |
| 2014 | $674 | $30,948 | $12,374 | $18,574 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Pena
Seller's Agent in 2023
Juan Pena
Real Broker
(323) 632-9904
1 in this area
37 Total Sales
-
Mike Antoun
Buyer's Agent in 2023
Mike Antoun
West Shores Realty, Inc.
(310) 345-0007
1 in this area
14 Total Sales
-
Michael Mehdizadeh
Seller's Agent in 2021
Michael Mehdizadeh
Andrew C. Lee
(310) 466-9580
1 in this area
8 Total Sales
-
Andrew Lee
A
Seller Co-Listing Agent in 2021
Andrew Lee
Andrew C. Lee
(213) 625-1629
1 in this area
11 Total Sales
-
H
Buyer's Agent in 2021
Hammed Animashaun
KW Advisors
-
Paula Arroyo
P
Seller's Agent in 2017
Paula Arroyo
Excellence RE Real Estate, Inc.
(562) 644-1462
24 Total Sales
Map
Source: The MLS
MLS Number: 15-948141
APN: 5110-013-009
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