NOT LISTED FOR SALE

1450 Tremont St Los Angeles, CA 90033

Estimated Value: $753,242 - $1,077,000

2 Beds
2 Baths
1,926 Sq Ft
$460/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $265,000 $138 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $5,343/month

16 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • Abraham Lincoln High School Rated A
  • 2-minute walk to Crusado Park

About This Home

As of April 2013

SOLD AS IS Roof is only 2 years old aproximate Recently painted some windows are new

Last Agent to Sell the Property

Manuel Badiola

MONACO REALTY License #01074027 Listed on: 11/17/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,600

Year Built

  • Built in 1948

Lot Details

  • 7,498 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 1,926 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Driveway

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 78
  • Tax Tract Number 78
  • Assessor Parcel Number 5202012017

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Gross Income $2,200
  • Net Operating Income $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,600

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5202012017
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 137.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 7498.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 2200.00
  • Lot Size Area: 7498.0000 Square Feet
  • Net Operating Income: 350.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 2
  • Operating Expense: 250.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 78
  • Tax Tract Number: 78
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2021
Sold by
Gao John and Cheng Carmen
Bought by
Gao Joh and Cheng Carmen
Current Estimated Value
$886,561

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
Outstanding Balance
$497,901
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$336,943

Purchase Details

Closed on
Aug 21, 2021
Sold by
Gao John and Gao John
Bought by
Gao John and Cheng Carmen

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
Outstanding Balance
$497,901
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$336,943

Purchase Details

Listed on
Nov 17, 2012
Closed on
Jun 27, 2013
Sold by
Ingram Avenue
Bought by
Gao John
Seller's Agent
Manuel Badiola
MONACO REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%
Original Mortgage
$272,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2013
Sold by
Medina Maria Elena and The Estate Of Ignacio A Vega
Bought by
Ingram Avenue Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.34%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 9, 2009
Sold by
Vega Ignacio A and Vega Maria
Bought by
Vega Ignacio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Dejesus Vega Ignacio A and Dejesus Vega Maria
Bought by
Vega Ignacio A and Vega Maria
Source: Public Records

Range of Values:

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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
Gao Joh -- None Available
Gao John -- Timios Title
Gao John $363,000 Lawyers Title
Ingram Avenue Lp $265,000 Lawyers Title
Vega Ignacio A -- Servicelink
Vega Ignacio A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gao John $546,000
Closed Gao John $272,250
Previous Owner Ingram Avenue Lp $160,000
Previous Owner Vega Ignacio A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $265,000 +1.9% $138 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/17/2012 11/17/12 For Sale $260,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,600 $518,137 $294,200 $223,937
2024 $6,600 $507,979 $288,432 $219,547
2023 $6,479 $498,020 $282,777 $215,243
2022 $6,190 $488,256 $277,233 $211,023
2021 $6,110 $478,684 $271,798 $206,886
2020 $6,167 $473,777 $269,012 $204,765
2019 $5,936 $464,488 $263,738 $200,750
2018 $5,767 $455,381 $258,567 $196,814
2016 $5,040 $398,680 $248,528 $150,152
2015 $4,969 $392,692 $244,795 $147,897
2014 $5,004 $385,000 $240,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV12142176

California Regional Multiple Listing Service (CRMLS)

APN: 5202-012-017