NOT LISTED FOR SALE

1446 E 48th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $646,000 - $1,091,000

6 Beds
4 Baths
2,385 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $499,000 $209 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,301/month

7 Days on Market

About This Home

As of June 2015

We are proud to present the sale of the 48th Street apartments. A rare opportunity for a buyer to own a detached, large home with additional units in the rear. The property consists of (1) 3 Bed + 1 Bath (House), (1) 2 bed + 1 bath, (1) 1 bed + 1 bath, and (1) Studio. The buildings have undergone many upgrades in recent years. Excellent owner/user opportunity for your client!

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 04/07/2015

Remax Commercial and Investment Realty

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 04/07/2015

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,526

Year Built

  • Built in 1908

Lot Details

  • 5,488 Sq Ft Lot

Interior Spaces

  • 2,385 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5107-022-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,526

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2385
  • Stories: 2
  • Year Built: 1908
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 209.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 214147
  • Assessed Land Value: 175211
  • Assessor Parcel Number: 5107-022-006
  • Geocode Override: No
  • Lot Size Area: 5488

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.40
  • Number Of Units: 4
  • Total Annual Expense: 12346
  • Type Of Units: Apartment
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 12, 2015
Sold by
Escalante Felix and Escalante Milma
Bought by
Canela Rigoberto and Canela Cristina
Seller's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
Buyer's Agent
Enrique Viramontes
Remax Commercial and Investment Realty
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$891,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,253
Avg. Annual Appreciation
5.77%
Original Mortgage
$374,250
Outstanding Balance
$295,001
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$596,252

Purchase Details

Listed on
Jan 6, 2012
Closed on
Feb 8, 2012
Sold by
Mariposa Capital Llc
Bought by
Escalante Felix and Escalante Milma
Seller's Agent
Sandra Morales
ROYAL HOMES & LOANS
Buyer's Agent
Sandra Morales
ROYAL HOMES & LOANS
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$285,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2011
Sold by
Crisette Llc
Bought by
Mariposa Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2003
Sold by
Cabrera Elizabeth
Bought by
Hernandez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Ventureno Antonio and Ventureno Maria R
Bought by
Hernandez Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1999
Sold by
Ventureno Antonio and Ventureno Maria R
Bought by
Ventureno Antonio and Ventureno Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,168
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 1996
Sold by
Limon David
Bought by
Ventureno Antonio and Lopez Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,367
Interest Rate
8.09%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1995
Sold by
Keller Alton and Keller Louis
Bought by
Limon David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 1995
Sold by
Keller Joe
Bought by
The Joe Keller Trust
Source: Public Records

Range of Values:

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Average Value
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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
Canela Rigoberto $499,000 Fntc
Escalante Felix $380,000 Calcounties Title Nation
Mariposa Capital Llc -- Provident Title Company
Crisette Llc $199,000 Provident Title Company
Hernandez Jorge -- --
Hernandez Jorge $273,000 Southland Title Company
Ventureno Antonio -- Chicago Title
Ventureno Antonio $195,000 American Title Ins Co
Limon David $100,000 American Title Ins Co
The Joe Keller Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canela Rigoberto $374,250
Previous Owner Escalante Felix $285,000
Previous Owner Mariposa Capital Llc $227,500
Previous Owner Hernandez Jorge $218,400
Previous Owner Ventureno Antonio $187,168
Previous Owner Ventureno Antonio $189,367
Previous Owner Limon David $181,600
Closed Hernandez Jorge $54,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2015 06/26/15 Sold $499,000 0.0% $209 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $499,000 +31.3% $209 / Sq Ft
03/09/2012 03/09/12 Sold $380,000 0.0% $159 / Sq Ft View Prior Sale
02/02/2012 02/02/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $380,000 -- $159 / 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 $7,526 $599,713 $264,403 $335,310
2024 $7,526 $587,955 $259,219 $328,736
2023 $7,386 $576,428 $254,137 $322,291
2022 $7,053 $565,126 $249,154 $315,972
2021 $6,959 $554,046 $244,269 $309,777
2020 $7,025 $548,366 $241,765 $306,601
2019 $6,757 $537,615 $237,025 $300,590
2018 $6,643 $527,075 $232,378 $294,697
2016 $6,337 $506,609 $223,355 $283,254
2015 $5,033 $397,136 $178,711 $218,425
2014 -- $389,358 $175,211 $214,147
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sandra Morales

    ROYAL HOMES & LOANS

    (626) 705-8825

    2 Total Sales

    Sandra Morales
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Map

Source: The MLS

MLS Number: 15-894113

The MLS

APN: 5107-022-006

California Los Angeles County Los Angeles 90011 Central Alameda

1446 E 48th St, Los Angeles, CA

This home is located at 1446 E 48th St, Los Angeles, CA 90011 since 07 April 2015 and is currently estimated at $891,253, approximately $373 per square foot. This property was built in 1908. 1446 E 48th St is a home located in Los Angeles County with nearby schools including Ascot Avenue Elementary School, George Washington Carver Middle School, and Nava College Preparatory Academy.

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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.
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