NOT LISTED FOR SALE

1496 W Vernon Ave 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 August 29, 2013

Last sale price $365,000 $173 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,724/month

23 Days on Market

Highlights

  • No HOA
  • Landscaped
  • 2 Car Garage

About This Home

As of August 2013

Traditional charm with contemporary flair. Totally rehabbed from the studs out. New paint, new carpet, new kitchens and new bathrooms in both units. Main house is a 4 bedroom, 2 bathroom home with an oversized porch perfect for sunny afternoons. Walk into a huge living/dining combo. Very large kitchen with an attached laundry room. 2nd unit above the garage is 2 bedroom, 1 bath. Also totally rehabbed. Perfect rental unit. 2 car detached garage.

Last Agent to Sell the Property

Anthony Tullous

K & K Group, Inc. License #01770943 Listed on: 06/05/2013

Last Buyer's Agent

Young Soo So

High Equity Real Estate Service, Inc. License #01448265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,153

Year Built

  • Built in 1927

Lot Details

  • 5,474 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • 2,107 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 2379
  • Assessor Parcel Number 5016002026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $50
  • Insurance Expense $100
  • Trash Expense $60
  • Water Sewer Expense $50
  • New Taxes Expense $347
  • Gross Income $3,200
  • Net Operating Income $30,636

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,153

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 3109010887
  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 50.00
  • Property Type: Residential Income
  • Parcel Number: 5016002026
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 173.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5474.00
  • Lot Size Acres: 0.1260

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 3200.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 100.00
  • Lot Size Area: 5474.0000 Square Feet
  • Net Operating Income: 30636.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7764.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 347.00
  • Tax Lot: 4
  • Tax Tract Number: 2379
  • Tax Year: 2012

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

Closed on
Dec 28, 2016
Sold by
Ryu Yeong
Bought by
Nochez Erik A and Minjarez Briseida Nochez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Listed on
Jun 5, 2013
Closed on
Aug 12, 2013
Sold by
Choi Young Kook
Bought by
Ryu Yeong A
Seller's Agent
Anthony Tullous
K & K Group, Inc.
Buyer's Agent
Young Soo So
High Equity Real Estate Service, Inc.
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$219,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 5, 2013
Closed on
Aug 6, 2013
Sold by
Acquisition Investments Inc
Bought by
Ryu Yeong A
Seller's Agent
Anthony Tullous
K & K Group, Inc.
Buyer's Agent
Young Soo So
High Equity Real Estate Service, Inc.
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%

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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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
08/29/2013 08/29/13 Sold $365,000 -3.7% $173 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $379,000 -- $180 / 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 $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

  • A

    Seller's Agent in 2013

    Anthony Tullous

    K & K Group, Inc.

  • Y

    Buyer's Agent in 2013

    Young Soo So

    High Equity Real Estate Service, Inc.

    (213) 290-3771

    2 Total Sales

    Young Soo So
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13106686

California Regional Multiple Listing Service (CRMLS)

APN: 5016-002-026

California Los Angeles County Los Angeles 90062 Vermont Square

1496 W Vernon Ave, Los Angeles, CA

This home is located at 1496 W Vernon Ave, Los Angeles, CA 90062 since 05 June 2013 and is currently estimated at $742,419, approximately $352 per square foot. This property was built in 1927. 1496 W Vernon Ave 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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