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Seller's Agent in 2013
William A. Hernandez
William A. Hernandez, Broker
(213) 298-5353
1 Total Sale
141 E 51st St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $853,000 - $1,111,000
4
Beds
4
Baths
3,332
Sq Ft
$305/Sq Ft
Est. Value
About This Home
As of August 2013Spacious Craftsman style four plex located near Downtown LA, USC and major freeways. Good rental market with great cash flow. All units are currently occupied but there is room to improve rents. Large lot size enables each tenant to have 2 parking spots of their own. Property is in overall good condition (new roof & remodeling done in 2004) and all units are separately metered. Title is showing 1 bed/1bath each but units are being used as 2 bed/1 bath. Units are 833 sq ft each. Buyer to do their own due diligence. Drive by only, do not disturb tenants.
Last Agent to Sell the Property
William A. Hernandez, Broker License #01506492 Listed on: 05/14/2013
Last Buyer's Agent
Shawna Ramirez
License #01409435
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 6,939
Parking
- 8 Parking Spaces
Home Design
- Quadruplex
Interior Spaces
- 3,332 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Additional Features
- 6,939 Sq Ft Lot
- Cooling System Mounted In Outer Wall Opening
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5109-004-039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 12, 2018
Sold by
Kang Jay
Bought by
Kang Jung Eun
Current Estimated Value
Purchase Details
Closed on
Aug 24, 2015
Sold by
Lloyd David
Bought by
Lloyd David
Purchase Details
Listed on
May 14, 2013
Closed on
Aug 14, 2013
Sold by
Lloyd Flavia Santos
Bought by
Lloyd David
Seller's Agent
William A. Hernandez
William A. Hernandez, Broker
Buyer's Agent
Shawna Ramirez
List Price
$480,000
Sold Price
$495,000
Premium/Discount to List
$15,000
3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$340,000
Outstanding Balance
$252,239
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$764,904
Purchase Details
Listed on
May 14, 2013
Closed on
Jul 30, 2013
Sold by
Barhoum Malouf Properties Llc
Bought by
Lloyd David
Seller's Agent
William A. Hernandez
William A. Hernandez, Broker
Buyer's Agent
Shawna Ramirez
List Price
$480,000
Sold Price
$495,000
Premium/Discount to List
$15,000
3.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$252,239
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$764,904
Purchase Details
Closed on
Feb 13, 2008
Sold by
Malouf James
Bought by
Barhoum Malouf Properties Llc
Purchase Details
Closed on
Dec 30, 2005
Sold by
Barhoum Nadia Shakra
Bought by
Barhoum Elias
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 29, 2005
Sold by
Malouf James
Bought by
Malouf James and Barhoum Elias
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 17, 2004
Sold by
Stratford Rentals Llc
Bought by
Malouf James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 2, 2004
Sold by
Casillas Miguel Angel
Bought by
Stratford Rentals Llc
Purchase Details
Closed on
Feb 28, 2002
Sold by
Ruiz Oscar
Bought by
Casillas Miguel Angel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.5%
Purchase Details
Closed on
Nov 15, 2001
Sold by
Hud
Bought by
Ruiz Oscar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
6.63%
Purchase Details
Closed on
Dec 13, 2000
Sold by
Countrywide Home Loans
Bought by
Hud
Purchase Details
Closed on
May 11, 1998
Sold by
Vivanco Jose
Bought by
Equity 2000 Associates Inc
Purchase Details
Closed on
Feb 24, 1998
Sold by
Equity 2000 Associates Inc
Bought by
Sarreal Teddie and Victoriano Aniceta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,025
Interest Rate
7.03%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 28, 1996
Sold by
Hudson Elbert T
Bought by
Vivanco Louis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.97%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kang Jung Eun | -- | First American Title | |
| Lloyd David | -- | None Available | |
| Lloyd David | -- | Chicago Title Company | |
| Lloyd David | $495,000 | Chicago Title Company | |
| Barhoum Malouf Properties Llc | -- | None Available | |
| Barhoum Elias | -- | Investors Title Company | |
| Malouf James | -- | Investors Title Company | |
| Malouf James | $525,000 | Equity Title | |
| Stratford Rentals Llc | $324,000 | -- | |
| Casillas Miguel Angel | $315,000 | Orange Coast Title | |
| Ruiz Oscar | $195,000 | Stewart Title | |
| Hud | -- | Landsafe Title | |
| Countrywide Home Loans Inc | $290,344 | Landsafe Title | |
| Equity 2000 Associates Inc | -- | -- | |
| Sarreal Teddie | $278,500 | Fidelity National Title Ins | |
| Vivanco Louis | $90,000 | -- | |
| Vivanco Louis | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lloyd David | $340,000 | |
| Closed | Lloyd David | $340,000 | |
| Previous Owner | Barhoum Elias | $406,000 | |
| Previous Owner | Malouf James | $406,000 | |
| Previous Owner | Malouf James | $367,500 | |
| Previous Owner | Casillas Miguel Angel | $252,000 | |
| Previous Owner | Ruiz Oscar | $168,500 | |
| Previous Owner | Sarreal Teddie | $267,025 | |
| Previous Owner | Vivanco Louis | $72,000 | |
| Closed | Ruiz Oscar | $22,000 | |
| Closed | Casillas Miguel Angel | $47,250 | |
| Closed | Malouf James | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2013 08/29/13 | Sold | $495,000 | +3.1% | $149 / Sq Ft |
| 07/18/2013 07/18/13 | Pending | -- | -- | -- |
| 05/14/2013 05/14/13 | For Sale | $480,000 | -- | $144 / 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 |
|---|---|---|---|---|
| 2025 | $7,701 | $606,793 | $306,461 | $300,332 |
| 2024 | $7,701 | $594,896 | $300,452 | $294,444 |
| 2023 | $7,559 | $583,232 | $294,561 | $288,671 |
| 2022 | $7,221 | $571,797 | $288,786 | $283,011 |
| 2021 | $7,119 | $560,586 | $283,124 | $277,462 |
| 2019 | $6,914 | $544,240 | $274,727 | $269,513 |
| 2018 | $6,808 | $533,575 | $269,341 | $264,234 |
| 2016 | $6,485 | $512,588 | $258,883 | $253,705 |
| 2015 | $6,394 | $504,890 | $254,995 | $249,895 |
| 2014 | -- | $495,000 | $250,000 | $245,000 |
Source: Public Records
Agents Affiliated with this Home
-
William A. Hernandez
-
Letty Vermeulen
Seller Co-Listing Agent in 2013
Letty Vermeulen
Aspire Los Angeles
(818) 437-0618
1 in this area
84 Total Sales
-
S
Buyer's Agent in 2013
Shawna Ramirez
Map
Source: The MLS
MLS Number: 13-672835
APN: 5109-004-039
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