B
Seller's Agent in 2023
Benjamin Shamouelian
Exclusive Realty Inc
(310) 441-0111
4 in this area
16 Total Sales
1435 E 48th Place Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $962,000 - $1,388,089
10
Beds
7
Baths
3,034
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- Breakfast Area or Nook
- Living Room
- Family Room on Second Floor
- Balcony
- Tile Flooring
- Gated Home
About This Home
As of June 2023This property has the highest current income return rate of any property that I have seen on the market or off market in Los Angeles County. Three Unit Residential Income Property 7.2% Cap.. Great Investment & also for 1031-Exchange. Great Cash Flow. $10,400 gross monthly rents received currently. Originally was a duplex 2304 sq.ft. total. Front unit is a single story home originally built 1906. Back building originally built in 2001 is two stories with two units. Sellers converted the 4 car garage in the lower back building to an appr. 730 sq.ft. 3 bedroom/2 bathroom brand new ADU permitted unit. Two separate buildings. Front building is a 3 bedroom/2 bath home receiving $3650 rent per month. Back building upper townhouse unit was built in 2001. It's a 4 bedroom/3 bathroom unit receiving $3850 rent per month. The ADU unit rent is $2900 per month. Owner has done renovations to existing units as well. Property will be delivered with tenants in place. Prime Location! Located on a residential tree lined street and less than 7 min. away from the new shopping center on Slauson Ave. and walking distance to the metro, public transportation. Central Alameda Neighborhood.
Last Agent to Sell the Property
Exclusive Realty Inc License #01703755 Listed on: 04/21/2023
Last Buyer's Agent
Armen Arakelyan
License #02137229
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1906
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 40x125
- Gated Home
Interior Spaces
- 3,034 Sq Ft Home
- 1-Story Property
- Family Room on Second Floor
- Living Room
- Gas And Electric Dryer Hookup
Kitchen
- Breakfast Area or Nook
- Oven or Range
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Parking
- Carport
- Assigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Additional Features
- Balcony
- Accessory Dwelling Unit (ADU)
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for gardener, water
- Assessor Parcel Number 5107-022-016
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2023
Closed on
Jun 6, 2023
Sold by
Bought by
Seller's Agent
Benjamin Shamouelian
Exclusive Realty Inc
Buyer's Agent
Armen Arakelyan
List Price
$1,299,000
Sold Price
$1,299,000
Views
64
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
-$79,728
Avg. Annual Appreciation
-2.02%
Original Mortgage
$974,250
Interest Rate
0.0635%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 21, 2023
Closed on
May 10, 2023
Sold by
Bought by
Seller's Agent
Benjamin Shamouelian
Exclusive Realty Inc
Buyer's Agent
Armen Arakelyan
List Price
$1,299,000
Sold Price
$1,299,000
Views
64
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,250
Interest Rate
0.0635%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 16, 2022
Closed on
Mar 25, 2022
Sold by
Bought by
Seller's Agent
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
Buyer's Agent
Benjamin Shamouelian
Exclusive Realty Inc
List Price
$699,000
Sold Price
$726,000
Premium/Discount to List
$27,000
3.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.59%
Original Mortgage
$542,500
Interest Rate
0.0625%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.029%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2019
Sold by
Bought by
Purchase Details
Closed on
Sep 14, 1999
Sold by
Bought by
Purchase Details
Closed on
Feb 25, 1999
Sold by
Bought by
Purchase Details
Closed on
Nov 11, 1998
Sold by
Bought by
Purchase Details
Closed on
Jun 16, 1998
Sold by
Bought by
Purchase Details
Closed on
Dec 10, 1993
Sold by
Bought by
Purchase Details
Closed on
Aug 11, 1993
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,299,000 | Old Republic Title Company | ||
| -- | None Listed On Document | ||
| $726,000 | Provident Title | ||
| $600,000 | Provident Title | ||
| -- | None Available | ||
| -- | -- | ||
| $47,000 | Provident Title | ||
| -- | Fidelity National Title Ins | ||
| $104,612 | Fidelity National Title | ||
| $100,000 | Southland Title | ||
| $84,500 | Southland Title Corporation |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $974,250 | ||
| Previous Owner | $542,500 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $264,000 | ||
| Previous Owner | $138,000 | ||
| Previous Owner | $43,000 | ||
| Previous Owner | $10,000 | ||
| Previous Owner | $38,164 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/21/2023 06/21/23 | Sold | $1,299,000 | 0.0% | $428 / Sq Ft | |
| 05/09/2023 05/09/23 | Pending | -- | -- | -- | |
| 04/21/2023 04/21/23 | For Sale | $1,299,000 | +78.9% | $428 / Sq Ft | |
| 05/02/2022 05/02/22 | Sold | $726,000 | +3.9% | $315 / Sq Ft | View Prior Sale |
| 04/21/2022 04/21/22 | For Sale | $699,000 | 0.0% | $303 / Sq Ft | |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- | |
| 03/16/2022 03/16/22 | For Sale | $699,000 | -- | $303 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,577 | $1,351,479 | $728,280 | $623,199 |
| 2024 | $16,352 | $1,324,980 | $714,000 | $610,980 |
| 2023 | $9,245 | $740,520 | $510,000 | $230,520 |
| 2022 | $7,490 | $612,000 | $433,500 | $178,500 |
| 2021 | $3,226 | $245,645 | $72,407 | $173,238 |
| 2020 | $3,253 | $243,127 | $71,665 | $171,462 |
| 2019 | $3,134 | $238,360 | $70,260 | $168,100 |
| 2018 | $3,054 | $233,687 | $68,883 | $164,804 |
| 2016 | $2,898 | $224,614 | $66,209 | $158,405 |
| 2015 | $2,858 | $221,241 | $65,215 | $156,026 |
| 2014 | $2,880 | $216,908 | $63,938 | $152,970 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Shamouelian
-
A
Buyer's Agent in 2023
Armen Arakelyan
-
Josephine San Lucas
Seller's Agent in 2022
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
(562) 843-8748
1 in this area
74 Total Sales
Map
Source: The MLS
MLS Number: 23-262461
APN: 5107-022-016
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© 2026 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.
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