Seller's Agent in 2019
Mark Perez
Circle Real Estate
(562) 924-3090
3 in this area
111 Total Sales
1416 E 41st Place Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $1,201,000 - $1,590,000
16
Beds
8
Baths
5,958
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- No HOA
- Rectangular Lot
- 3-minute walk to Ross Snyder Recreation Center
About This Home
As of July 2019NEW LOWER PRICE!! Excellent Investment Opportunity!. This investment offers (4) spacious, 4 bedroom and 2 bath units averaging roughly 1500 square feet per unit Great financials-Market rents, The property is separately metered for gas and electricity, Building is next to shops and entertainment. Great property to add to any portfolio.
Last Agent to Sell the Property
Circle Real Estate License #01279393 Listed on: 01/10/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 6,723 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
Home Design
- 5,958 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 10
- Assessor Parcel Number 5116010031
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $77,676
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 10, 2022
Sold by
Arani Mehdi Shahpoury
Bought by
Mehdi Shahpoury Arani Living Trust and Arani
Current Estimated Value
Purchase Details
Listed on
Jan 10, 2019
Closed on
Jun 6, 2019
Sold by
Timing Bliss Ii Llc
Bought by
Arani Mehdi Shahpoury
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
Masoud Mohammadi
Coldwell Banker Platinum Prop
List Price
$1,210,000
Sold Price
$960,000
Premium/Discount to List
-$250,000
-20.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$720,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2016
Sold by
Reddy Bandi Vamshidhar and Reddy Kavitha M
Bought by
Timing Bliss Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,000
Interest Rate
4.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 10, 2012
Sold by
Reddy Bandi Vamshidhar and Reddy Kavitha M
Bought by
Reddy Bandi Vamshidhar and Reddy Kavitha M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2010
Sold by
Wilson John L and Wilson Tammy D
Bought by
Reddy Kavitha and Reddy Vamshidhar
Purchase Details
Closed on
Jun 27, 2007
Sold by
Ayuso Irma
Bought by
Wilson John L and Wilson Tammy D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2005
Sold by
Ayuso Irma and Lira Miguel A
Bought by
Ayuso Irma
Purchase Details
Closed on
Oct 28, 2003
Sold by
Ayuso Irma and Ayuzo Irma
Bought by
Ayuso Irma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 17, 2002
Sold by
Nunez Angel and Nunez Teresa R
Bought by
Ayuzo Irma and Lira Miguel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,410
Interest Rate
6.6%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 29, 2000
Sold by
Central L A Properties Inc
Bought by
Nunez Angel and Nunez Teresa R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,725
Interest Rate
7.71%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 6, 1999
Sold by
Rodriguez Martha
Bought by
Central La Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,793
Interest Rate
7.64%
Purchase Details
Closed on
Jul 6, 1999
Sold by
St Jude Childrens Research Hospital
Bought by
Rodriguez Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,793
Interest Rate
7.64%
Purchase Details
Closed on
Feb 22, 1999
Sold by
Moore Trust and Leroy J
Bought by
St Jude Childrens Research Hospital
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mehdi Shahpoury Arani Living Trust | -- | None Listed On Document | |
| Arani Mehdi Shahpoury | $960,000 | Chicago Title Company | |
| Timing Bliss Ii Llc | $840,000 | Progressive Title Company | |
| Reddy Bandi Vamshidhar | -- | Old Republic Title Company | |
| Reddy Kavitha | -- | None Available | |
| Wilson John L | $765,000 | Ticor Title Company Of Ca | |
| Ayuso Irma | -- | New Century Title Glendale | |
| Ayuso Irma | -- | First American Title Co | |
| Ayuzo Irma | $360,000 | First American Title Ins Co | |
| Nunez Angel | $350,000 | Landsafe Title Co | |
| Central La Properties Inc | $162,000 | -- | |
| Rodriguez Martha | $85,000 | Fidelity National Title Co | |
| St Jude Childrens Research Hospital | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Arani Mehdi Shahpoury | $720,000 | |
| Previous Owner | Timing Bliss Ii Llc | $546,000 | |
| Previous Owner | Reddy Bandi Vamshidhar | $385,000 | |
| Previous Owner | Wilson John L | $612,000 | |
| Previous Owner | Ayuso Irma | $390,000 | |
| Previous Owner | Ayuzo Irma | $298,410 | |
| Previous Owner | Nunez Angel | $319,725 | |
| Previous Owner | Central La Properties Inc | $79,793 | |
| Previous Owner | Rodriguez Martha | $85,803 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/03/2019 07/03/19 | Sold | $960,000 | -2.5% | $161 / Sq Ft | |
| 06/12/2019 06/12/19 | Pending | -- | -- | -- | |
| 05/24/2019 05/24/19 | Price Changed | $985,000 | -18.6% | $165 / Sq Ft | |
| 01/10/2019 01/10/19 | For Sale | $1,210,000 | +44.0% | $203 / Sq Ft | |
| 03/01/2017 03/01/17 | Sold | $840,000 | -1.2% | $141 / Sq Ft | View Prior Sale |
| 11/29/2016 11/29/16 | Pending | -- | -- | -- | |
| 11/07/2016 11/07/16 | For Sale | $850,000 | 0.0% | $143 / Sq Ft | |
| 03/01/2012 03/01/12 | Rented | $1,495 | 0.0% | -- | |
| 02/24/2012 02/24/12 | Under Contract | -- | -- | -- | |
| 01/01/2012 01/01/12 | For Rent | $1,495 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $13,150 | $1,049,896 | $514,012 | $535,884 |
| 2024 | $13,150 | $1,029,311 | $503,934 | $525,377 |
| 2023 | $12,905 | $1,009,129 | $494,053 | $515,076 |
| 2022 | $12,322 | $989,343 | $484,366 | $504,977 |
| 2021 | $12,145 | $969,945 | $474,869 | $495,076 |
| 2019 | $11,001 | $873,936 | $468,180 | $405,756 |
| 2018 | $10,837 | $856,800 | $459,000 | $397,800 |
| 2016 | $5,333 | $405,846 | $81,169 | $324,677 |
| 2015 | $5,261 | $399,751 | $79,950 | $319,801 |
| 2014 | $5,303 | $391,921 | $78,384 | $313,537 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Perez
-
Masoud Mohammadi
Buyer's Agent in 2019
Masoud Mohammadi
Coldwell Banker Platinum Prop
(949) 552-0505
27 Total Sales
-
Stephen Takahashi
Seller's Agent in 2017
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
(310) 403-9145
1 in this area
99 Total Sales
-
Bryan Castillo
Buyer's Agent in 2017
Bryan Castillo
Castillo Realty Group, Inc.
(310) 498-6908
1 in this area
5 Total Sales
-
S
Seller's Agent in 2012
Sudha Reddy
Haven Homes, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS19001127
APN: 5116-010-031
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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