NOT LISTED FOR SALE

1445 W 56th St Los Angeles, CA 90062

Harvard Park Neighborhood

Estimated Value: $741,000 - $846,000

5 Beds
3 Baths
1,810 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $640,000 $354 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,785/month

89 Days on Market

About This Home

As of July 2021

Great investment property and one unit is vacant. Easy to show!

Last Agent to Sell the Property

Arlett Castanon-Hill

New Vision Real Estate Investm License #01220789 Listed on: 03/13/2021

Last Buyer's Agent

Obie Nwabuzor

Pacific Playa Realty License #02020522

Pacific Playa Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 4,960 Sq Ft Lot

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5003-024-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1810
  • Lot Acreage: 0.1139
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 330.94

Exterior Features

  • Other Structures: None

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 28.55
  • Assessed Improvement Value: 46777
  • Assessed Land Percent: 71.45
  • Assessed Land Value: 117067
  • Total Assessed Value: 163844
  • Assessor Parcel Number: 5003-024-008
  • Lot Size Area: 4960

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jul 6, 2021
Sold by
Brooks Ersoleen
Bought by
Visions 2028 Llc
Seller's Agent
Arlett Castanon-Hill
New Vision Real Estate Investm
Buyer's Agent
Obie Nwabuzor
Pacific Playa Realty
List Price
$599,000
Sold Price
$640,000
Premium/Discount to List
$41,000
6.84%
Current Estimated Value
$778,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,883
Avg. Annual Appreciation
4.52%

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jun 22, 2021
Sold by
Brooks Reggie
Bought by
Brooks Ersoleen
Seller's Agent
Arlett Castanon-Hill
New Vision Real Estate Investm
Buyer's Agent
Obie Nwabuzor
Pacific Playa Realty
List Price
$599,000
Sold Price
$640,000
Premium/Discount to List
$41,000
6.84%

Purchase Details

Closed on
Sep 26, 2011
Sold by
Brooks Reggie
Bought by
Brooks Ersoleen

Purchase Details

Closed on
Nov 4, 1998
Sold by
Brooks Reggie
Bought by
Brooks Reggie and Brooks Ersollen L

Purchase Details

Closed on
Feb 25, 1998
Sold by
Moody Ersoleen L
Bought by
Brooks Reggie and Brooks Ersoleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Visions 2028 Llc $640,000 Fidelity National Title
Brooks Ersoleen -- Fidelity National Title
Brooks Ersoleen -- Fidelity National Title
Brooks Ersoleen -- None Available
Brooks Reggie -- --
Brooks Reggie -- Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Reggie $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $640,000 +6.8% $354 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/03/2021 06/03/21 Price Changed $599,000 0.0% $331 / Sq Ft
06/03/2021 06/03/21 For Sale $599,000 -6.4% $331 / Sq Ft
03/19/2021 03/19/21 Off Market $640,000 -- --
03/13/2021 03/13/21 For Sale $799,000 -- $441 / 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 $8,303 $679,173 $270,608 $408,565
2024 $8,303 $665,856 $265,302 $400,554
2023 $8,148 $652,800 $260,100 $392,700
2022 $7,777 $640,000 $255,000 $385,000
2021 $2,246 $165,540 $118,279 $47,261
2020 $2,264 $163,844 $117,067 $46,777
2019 $2,185 $392,700 $275,400 $117,300
2018 $2,112 $157,483 $112,522 $44,961
2016 $2,005 $151,369 $108,153 $43,216
2015 $1,979 $149,096 $106,529 $42,567
2014 $2,000 $146,177 $104,443 $41,734
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Arlett Castanon-Hill

    New Vision Real Estate Investm

    (323) 833-2370

    1 in this area

    21 Total Sales

    Arlett Castanon-Hill
    Section Image
  • Obie Nwabuzor

    Buyer's Agent in 2021

    Obie Nwabuzor

    Pacific Playa Realty

    (310) 200-4649

    1 in this area

    151 Total Sales

    Obie Nwabuzor
    Section Image
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Map

Source: The MLS

MLS Number: 21-705168

The MLS

APN: 5003-024-008

California Los Angeles County Los Angeles 90062 Harvard Park

1445 W 56th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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