NOT LISTED FOR SALE

1408 W 62nd St Los Angeles, CA 90047

Harvard Park Neighborhood

Estimated Value: $1,072,543

-- Bed
-- Bath
1,411 Sq Ft
$760/Sq Ft Est. Value

Last Sold October 29, 2019

Last sale price $750,000 $532 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,568/month

89 Days on Market

About This Home

As of October 2019

Show and sell this investor's dream mixed use property and project. There is a commercial building on the corner, along with the house on that same lot. There's the potential to have a separate business while you live on the property in the home that currently exist there. This along with the other upside potential possibilities. Centrally located in the heart of Los Angeles, Ca. This property is located close to downtown L.A., various schools, the airport, the beaches and etc. This property will not last so please hurry and make your appointment today to see or show this great property. See you in escrow.

Last Agent to Sell the Property

Murphy Richardson

Power Brokers License #00753317 Listed on: 03/02/2019

Last Buyer's Agent

Charlie Doan

License #01158587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,251

Year Built

  • Built in 1926

Lot Details

  • 6,060 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 1,411 Sq Ft Home

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 6002-026-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,251

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1411
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Cable
  • Price Per S Q F T: 531.54

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 108225
  • Assessed Land Value: 183983
  • Assessor Parcel Number: 6002-026-025
  • Geocode Override: No
  • Lot Size Area: 6060

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.00
  • Number Of Units: 0
  • Total Annual Expense: 1
  • Type Of Units: 2
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
1408 W 62Nd Supportive Housing Llc and 1408 Sunnyside Llc
Bought by
Sunnyside Lp
Current Estimated Value
$1,072,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Outstanding Balance
$10,854,160
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
-$9,799,055

Purchase Details

Closed on
May 13, 2020
Sold by
1408 W 62Nd Supportive Housing Llc
Bought by
1408 W 62Nd Supportive Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2020
Sold by
Rethink Housing Llc
Bought by
1408 W 62Nd Supporative Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 2019
Sold by
Burnett Realty Inc
Bought by
Rethink Housing Llc

Purchase Details

Closed on
Jun 14, 2011
Sold by
Superior Improvement Systems Inc
Bought by
Burnett Realty Inc

Purchase Details

Closed on
Jan 17, 2006
Sold by
Sampson Marcus J
Bought by
Superior Improvement Sysems Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2004
Sold by
Burnett Donald Anthony and Tripplett Larry
Bought by
Sampson Marcus J

Purchase Details

Closed on
Sep 20, 2004
Sold by
Sampson Marcus J
Bought by
Superior Improvement Systems Inc

Purchase Details

Closed on
Apr 27, 2004
Sold by
Burnett Realty Inc
Bought by
Sampson Marcus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 2001
Sold by
Burnett George
Bought by
Burnett George and The Burnett Living Trust
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
Sunnyside Lp -- Commonwealth Land Title Compan
Sunnyside Lp -- Commonwealth Land Title Compan
1408 W 62Nd Supportive Housing Llc -- Accommodation
1408 W 62Nd Supporative Housing Llc -- Commonwealth Land Title Co
Rethink Housing Llc $750,000 Fidelity National Title
Burnett Realty Inc -- None Available
Superior Improvement Sysems Inc -- Provident Title Company
Sampson Marcus J $80,000 Provident Title Company
Superior Improvement Systems Inc -- --
Sampson Marcus J $70,000 Provident Title Company
Burnett Realty Inc -- Provident Title Company
Burnett George -- --
Burnett George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunnyside Lp $11,000,000
Closed Sunnyside Lp $3,780,000
Previous Owner 1408 W 62Nd Supportive Housing Llc $550,000
Previous Owner Rethink Housing Llc $740,000
Previous Owner Superior Improvement Systems Inc $69,700
Previous Owner Superior Improvement Systems Inc $180,300
Previous Owner Superior Improvement Systems Inc $175,000
Previous Owner Sampson Marcus J $70,000
Previous Owner Murphy Kenny Ray $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2019 10/29/19 Sold $750,000 0.0% $532 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $750,000 -16.7% $532 / Sq Ft
03/02/2019 03/02/19 For Sale $899,900 -- $638 / Sq Ft
Source: The MLS

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 $10,251 $820,231 $765,550 $54,681
2024 $10,251 $804,149 $750,540 $53,609
2023 $10,063 $788,382 $735,824 $52,558
2022 $9,613 $772,925 $721,397 $51,528
2021 $9,487 $757,770 $707,252 $50,518
2020 $9,579 $750,000 $700,000 $50,000
2019 $4,149 $304,011 $191,415 $112,596
2018 $4,012 $298,051 $187,662 $110,389
2016 $3,822 $286,479 $180,376 $106,103
2015 $3,771 $282,177 $177,667 $104,510
2014 $3,792 $276,650 $174,187 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Murphy Richardson

    Seller's Agent in 2019

    Murphy Richardson

    Power Brokers

    (310) 570-2533

    3 Total Sales

    Murphy Richardson
    Section Image

  • C

    Buyer's Agent in 2019

    Charlie Doan

  • B

    Buyer's Agent in 2019

    Billy Lam

See All Agents

Map

Source: The MLS

MLS Number: 19-440086

The MLS

APN: 6002-026-025

California Los Angeles County Los Angeles 90044 Harvard Park

1408 W 62nd St, Los Angeles, CA

This home is located at 1408 W 62nd St, Los Angeles, CA 90047 since 02 March 2019 and is currently estimated at $1,072,543, approximately $760 per square foot. This property was built in 1926. 1408 W 62nd St is a home located in Los Angeles County with nearby schools including John Muir Middle School, Augustus F. Hawkins High A Critical Design And Gaming, and George Washington Preparatory High School.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes