NOT LISTED FOR SALE

1496 W Vernon Ave Unit 2 Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $674,000 - $828,000

6 Beds
3 Baths
2,107 Sq Ft
$352/Sq Ft Est. Value

Last Sold January 26, 2017

Last sale price $564,000 $268 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,724/month

114 Days on Market

About This Home

As of January 2017

Excellent investment opportunity in most desire rental area. This duplex consists two separated 4 bed, 2 bath and 2 bed,1 bath units with ample parking spaces. All utilities pay by tenants including water(2 Water meter) and trash.Granite counter tops with cabinets and laminated floor. It has 2 differ main auto entrance. 4 Parking at Main , 2 Parking Space at back Unit. Central A/C, Iron Auto Gate , Laundry Hook up in each unit and much more...

Last Agent to Sell the Property

K Chang

The H Realty License #01722361 Listed on: 09/01/2016

Last Buyer's Agent

Jack Harriman

License #01204794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,153

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,474

Parking

  • 2 Car Garage
  • Uncovered Parking

Home Design

  • 2,107 Sq Ft Home
  • Duplex

Kitchen

  • Oven or Range
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Additional Features

  • 5,474 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5016-002-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,153

Year Built

Built in 1927 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2107
  • Property Condition: Updated/Remodeled
  • Year Built: 1927
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Disposal: 2
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 265.31

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2

Fee Information

  • Insurance Expense: 1200.00

Lot Info

  • Assessor Parcel Number: 5016-002-026
  • Geocode Override: No
  • Lot Size Area: 5474

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 2
  • Total Annual Expense: 9062
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 6862.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Nochez Erik A and Minjarez Briseida Nochez
Bought by
Nesbitt Christaley and Nesbitt Micah Anthony
Current Estimated Value
$742,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2016
Closed on
Dec 28, 2016
Sold by
Ryu Yeong
Bought by
Nochez Erik A and Minjarez Briseida Nochez
Seller's Agent
K Chang
The H Realty
Buyer's Agent
Jack Harriman
List Price
$559,000
Sold Price
$564,000
Premium/Discount to List
$5,000
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$553,784
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2014
Sold by
Ryu Yeong and Ryu Yeong A
Bought by
Ryu Yeong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2013
Sold by
Choi Young Kook
Bought by
Ryu Yeong A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 6, 2013
Sold by
Acquisition Investments Inc
Bought by
Ryu Yeong A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2012
Sold by
Lewellyn Larry D and The Conservatorship Of Ocie P
Bought by
Acquisition Investments Inc

Purchase Details

Closed on
Nov 29, 2010
Sold by
Payne Ocie M
Bought by
Goddard Julie Marie

Purchase Details

Closed on
Nov 10, 2010
Sold by
Bryant Glenn
Bought by
Payne Ocie M

Purchase Details

Closed on
Oct 22, 2010
Sold by
Payne Ocie M
Bought by
Bryant Glenn
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
Nesbitt Christaley $720,000 Wfg National Title
Nochez Erik A $564,000 Ticor Title Company
Ryu Yeong -- Provident Title Company
Ryu Yeong A -- Lawyers Title Company
Ryu Yeong A $365,000 Lawyers Title Company
Acquisition Investments Inc $135,000 Calcounties Title Nation
Goddard Julie Marie -- None Available
Payne Ocie M $9,500 None Available
Bryant Glenn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nesbitt Christaley $684,000
Previous Owner Nochez Erik A $553,784
Previous Owner Ryu Yeong $286,000
Previous Owner Ryu Yeong A $219,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2017 01/26/17 Sold $564,000 +0.9% $268 / Sq Ft
12/24/2016 12/24/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $559,000 -0.9% $265 / Sq Ft
11/30/2016 11/30/16 Off Market $564,000 -- --
09/01/2016 09/01/16 For Sale $559,000 -- $265 / 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 $8,153 $720,000 $505,000 $215,000
2024 $8,153 $641,731 $513,386 $128,345
2023 $8,004 $629,149 $503,320 $125,829
2022 $7,645 $616,813 $493,451 $123,362
2021 $7,544 $604,720 $483,776 $120,944
2020 $7,618 $598,520 $478,816 $119,704
2019 $7,325 $586,785 $469,428 $117,357
2018 $7,193 $575,280 $460,224 $115,056
2016 $4,786 $377,969 $227,817 $150,152
2015 $4,719 $372,292 $224,395 $147,897
2014 $4,747 $365,000 $220,000 $145,000
Source: Public Records

Agents Affiliated with this Home

  • K Chang

    Seller's Agent in 2017

    K Chang

    The H Realty

    (213) 800-2760

    27 Total Sales

    K Chang
    Section Image

  • J

    Buyer's Agent in 2017

    Jack Harriman

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Map

Source: The MLS

MLS Number: 16-158418

The MLS

APN: 5016-002-026

California Los Angeles County Los Angeles 90062 Vermont Square

1496 W Vernon Ave Unit 2, Los Angeles, CA

This home is located at 1496 W Vernon Ave Unit 2, Los Angeles, CA 90062 since 01 September 2016 and is currently estimated at $742,419, approximately $352 per square foot. This property was built in 1927. 1496 W Vernon Ave Unit 2 is a home located in Los Angeles County with nearby schools including Normandie Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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