$425,000
SOLD JUL 17, 2017
3 Beds
4 Baths
1,976 Sq Ft
4,744 Sq Ft Lot

Recently Sold

$215 Per Sq Ft

12% Below List Price

14 Days on Market

About This Home

As of March 2023

This home is located at 139 W 48th St, Los Angeles, CA 90037 and is currently priced at $425,000, approximately $215 per square foot. This property was built in 1912. 139 W 48th St is a home located in Los Angeles County with nearby schools including West Vernon Avenue Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior High School.

Last Agent to Sell the Property

Paula Arroyo

Excellence RE Real Estate, Inc. License #00970034 Listed on: 06/05/2017

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Errol Spiro

Miller & Desatnik Realty Co. License #00893163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,457

Year Built

  • Built in 1912

Lot Details

  • 4,744 Sq Ft Lot
  • 1 Common Wall
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,976 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 5110013009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1,400
  • Gross Income $28,678
  • Net Operating Income $27,278

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,457

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 5626441462
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5110013009
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 215.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 4744.00

Multi Family

  • Gross Income: 28678.00
  • Gross Scheduled Income: 28678.00
  • Insurance Expense: 1.00
  • Net Operating Income: 27278.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1400.00
  • Rent Control: Yes
  • Total Expenses: 1400.00

Tax Info

  • Tax Census Tract: 2319.00

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
$800,868

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
Source: Public Records

Similar Homes in Los Angeles, CA

  • 134 W 60th St, Los Angeles, CA 90003

    $495,000

    • 4 Beds
    • 3 Baths
    • 1,629 Sq Ft
    • 134 W 60th St
    • Los Angeles, CA

    ?? Income-Generating Triplex in Prime Los Angeles Location! ??Welcome to 134 W 60th Street, Los Angeles, CA 90003—a fantastic investment opportunity in the heart of Los Angeles! This well-maintained triplex offers incredible income potential, whether you're an investor looking for steady cash flow or a homeowner seeking to live in one unit while renting out the others.Property

    Ariel Darrison SGD Enterprises

    Section Image
  • 244 W 66th St, Los Angeles, CA 90003

    $499,999

    • 6 Beds
    • 3 Baths
    • 1,860 Sq Ft
    • 244 W 66th St
    • Los Angeles, CA

    HUGE PRICE REDUCTION!!!! Investors Special! Welcome to this great investment opportunity. 244 and 246 W 66th St. is great income producing duplex. Add this gem to your real estate portfolio and see all the possibilities for even bigger returns on your investment. Centered in the heart of the city of Los Angeles, it's close to all the amenities LA has to offer. Just minutes away from the

    PABLO RAMIREZ EXCELLENCE RE REAL ESTATE

    Section Image
  • 151 E 67th St, Los Angeles, CA 90003

    $525,000

    • 4 Beds
    • 3 Baths
    • 1,471 Sq Ft
    • 151 E 67th St
    • Los Angeles, CA

    AMAZING INVESTMENT OPPORTUNITY..VERY DESIRABLE LOCATION.. BEAUTIFUL DUPLEX..FRONT UNIT FEATURES THREE BEDROOMS AND TWO BATHROOMS, BACK UNIT ONE BEDROOM AND ONE BATHROOM WITH PLENTY OF SPACE TO ADD 2 MORE BEDRS.DEEP LOT,LONG DRIVEWAY WITH PLENTY OF PARKING SPACE.THIS PROPERTY HAS LOTS OF POTENTIAL.DON'T LET BY PASS THIS GREAT OPPORTUNITY TO OWN THIS PROPERTY.

    Jesse Barocio Century 21 Realty Masters

    Section Image
  • 4339 Halldale Ave, Los Angeles, CA 90062

    $498,000

    • 4 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • 4339 Halldale Ave
    • Los Angeles, CA

    One buyer's cold feet is presents an opportunity for you! Priced to sell and perfect for your real estate portfolio! This is an excellent investment opportunity near vibrant Leimert Park and just minutes from USC. This well-kept duplex features a tenant-occupied 3-bedroom, 1-bath unit generating steady income, and a vacant 1-bedroom, 1-bath unit ready for immediate occupancy or lease. Each unit

    Kimberly Calvert-Lehman Compass

    Section Image
  • 1606 E 52nd St, Los Angeles, CA 90011

    $530,000

    • 3 Beds
    • 4 Baths
    • 1,452 Sq Ft
    • 1606 E 52nd St
    • Los Angeles, CA

    Introducing a phenomenal multi-unit opportunity with great upside for a savvy investor or, a buyer who is handy, and can make things happen! This duplex sits on a 5400 sq foot lot, with both units totaling to over 1400 of actual living space. The front house has 2 bedrooms and 2 bathrooms - with a bonus room which could be a 3 bedroom (property shows 1 bed 1 bath) . The 2nd unit is a one

    Daniel Howard Compass

    Section Image
  • 342 W 76th St, Los Angeles, CA 90003

    $460,000

    • 2 Beds
    • 2 Baths
    • 1,428 Sq Ft
    • 342 W 76th St
    • Los Angeles, CA

    Two Homes on a Lot! Lovely Looking, Well Groomed Front Home & Rear Home in the heart of Los Angeles. There may be Ample space to add an Additional Unit maybe Two or Multiple ADUs. Property appears to be zoned LAR2-1 AND located within a Transit Priority Area AND within a half mile of Mass Transit. And it appears to be located in a TOC Tier 2 area. These features may offer possibility of

    Michelle Lowe MICHELLE LOWE REAL ESTATE

    Section Image
  • 5746 Holmes Ave, Los Angeles, CA 90058

    $500,000

    • 4 Beds
    • 4 Baths
    • 1 Sq Ft
    • 5746 Holmes Ave
    • Los Angeles, CA

    THIS PROPERTY CONSISTS OF 2 DUPLEX 5746 / 5748 2 BEDROOM 2 BATH EACH. FOR SALE IN LOS ANGELES WITH SECTION 8 TENANTS......HAS AMPLE PARKING SPACE. PLEASE DONT DISTURB TENANTS. DRIVE BY ONLY. IT IS SOLD "AS IS CONDITION" SELLER WILL DO NO REPAIRS.....PROPERTY WILL BE DELIVERED WITH TENANTS. THIS IS THE BEST PRICE FOR A DUPLEX. SELLER HAS THE FLEXIBILITY TO NEGOTIATE ON THE BEST AND HIGHEST

    Akuoko Hansen NTMR Holdings Inc.

    Section Image
  • 1703 E 61st St, Los Angeles, CA 90001

    $399,000

    • 4 Beds
    • 2 Baths
    • 1,076 Sq Ft
    • 1703 E 61st St
    • Los Angeles, CA

    Great opportunity for Investors/developers with the new 2025 re-zoning changes SB1211. This sale includes 2 single family residences located at 1701 and 1703 E. 61st. street Los Angeles Ca in 90001 area. Each home is built on it's own parcel and being sold together, these 2 parcels are adjoined. Investors are advised to do their own dual diligent inspections and investigations and encouraged to

    Daniel Calderon Executive Bankers Realty

    Section Image
  • 1435 W 30th St, Los Angeles, CA 90007

    $399,000

    • 5 Beds
    • 3 Baths
    • 2,352 Sq Ft
    • 1435 W 30th St
    • Los Angeles, CA

    Bidding Platform. Unlock the potential of this prime investment property, ideally located just half a mile from USC and University Village, in the highly sought-after, bordering University Park. This is a fantastic opportunity for investors looking to capitalize on a thriving, high-demand location. Whether you choose to live in one unit and rent out the others, or maximize your investment with

    Russell Enyart eXp Realty of California Inc

    Section Image

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 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: 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
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17123814

California Regional Multiple Listing Service (CRMLS)

APN: 5110-013-009