NOT LISTED FOR SALE

1506 W Vernon Ave Unit 2 Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $713,273

2 Beds
1 Bath
845 Sq Ft
6,116 Sq Ft Lot

About This Home

As of February 2024

Discover urban living at its finest in this stylish 2-bedroom unit in the heart of Los Angeles. Bright and modern, the open living spaces are complemented by a contemporary kitchen. Brand new construction, With convenient access to local hotspots and amenities, this is your perfect LA retreat. Schedule a viewing today!

Last Agent to Rent the Property

Randy Merino

Premier Properties License #01821057 Listed on: 11/28/2023

Last Renter's Agent

Randy Merino

Premier Properties License #01821057 Listed on: 11/28/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,385

Year Built

  • Built in 1920

Lot Details

  • 6,116

Interior Spaces

  • 845 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Water Line To Refrigerator

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Security Deposit $3,000
  • Tenant pays for electricity, gas, trash collection
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 5016-002-030

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,385

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Credit Report Amount: 39.99
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Water
  • Security Deposit: 3000
  • Tenant Pays: Electricity, Gas, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Single Family Or Apt: Condo/Apt
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 845
  • Lot Acreage: 0.1404
  • Monthto Month: No
  • Stories: 2
  • Year Built: 1920
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Water Line to Refrigerator
  • Price Per S Q F T: 3.61

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5016-002-030
  • Lot Size Area: 6118

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2025
Sold by
Santos Celina Carmen and Lopez Jorge Alfredo
Bought by
Family Santos Alguera Revocable Living Trust and Lopez
Current Estimated Value
$713,273

Purchase Details

Closed on
Aug 28, 2024
Sold by
Santos Jorge A and Lopez Jorge Santos
Bought by
Lopez Jorge Santos and Santos Celina Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2019
Sold by
Santos Jorge A and Santos Celina Carmen
Bought by
Santos Jorge A and Santos Celina Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2013
Sold by
Santos Jorge Alfredo
Bought by
Santos Jorge Alfredo and Alguera Celina Carmen Santos

Purchase Details

Closed on
Oct 26, 2011
Sold by
Delopez Maria V Guerra
Bought by
Santos Joaquin Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,502
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2011
Sold by
Dm Residential Fund Ii Llc
Bought by
Santos Jorge and Santos Joaquin Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,502
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2010
Sold by
Castillo Roxana
Bought by
Dm Residential Fund Ii Llc

Purchase Details

Closed on
Sep 17, 2004
Sold by
Castillo Roxana E
Bought by
Castillo Roxana

Purchase Details

Closed on
Mar 18, 2004
Sold by
Varguez Miguel A
Bought by
Castillo Roxana E

Purchase Details

Closed on
Mar 9, 1999
Sold by
Moreno Fernando
Bought by
Varguez Miguel A and Castillo Roxana E

Purchase Details

Closed on
Aug 27, 1998
Sold by
Moreno Obdulia
Bought by
Moreno Fernando

Purchase Details

Closed on
Aug 24, 1998
Sold by
Umemoto Samuel J
Bought by
Moreno Fernando
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
Family Santos Alguera Revocable Living Trust -- None Listed On Document
Family Santos Alguera Revocable Living Trust -- None Listed On Document
Lopez Jorge Santos -- Stewart Title
Lopez Jorge Santos -- Stewart Title
Santos Jorge A -- Stewart Title Of Ca Inc
Santos Jorge A -- Stewart Title Of Ca Inc
Santos Jorge Alfredo -- None Available
Santos Jorge Alfredo -- None Available
Santos Joaquin Lopez -- Chicago Title Company
Santos Jorge -- Chicago Title Company
Santos Joaquin Lopez -- Chicago Title Company
Santos Jorge -- Chicago Title Company
Santos Jorge $265,000 Chicago Title Company
Santos Jorge $265,000 Chicago Title Company
Dm Residential Fund Ii Llc $128,857 None Available
Dm Residential Fund Ii Llc $128,857 None Available
Castillo Roxana -- North American Title Company
Castillo Roxana -- North American Title Company
Castillo Roxana E -- --
Castillo Roxana E -- --
Varguez Miguel A $141,500 Fidelity National Title Co
Varguez Miguel A $141,500 Fidelity National Title Co
Moreno Fernando -- Fidelity National Title
Moreno Fernando -- Fidelity National Title
Moreno Fernando $57,500 Fidelity National Title
Moreno Fernando $57,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Jorge Santos $456,000
Previous Owner Santos Jorge A $320,000
Previous Owner Santos Jorge $227,502
Previous Owner Santos Jorge $227,502
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $3,052 0.0% --
11/28/2023 11/28/23 For Rent $3,052 -- --
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 $4,385 $329,577 $186,553 $143,024
2024 $4,385 $323,116 $182,896 $140,220
2023 $4,312 $316,781 $179,310 $137,471
2022 $4,131 $310,571 $175,795 $134,776
2021 $4,072 $304,483 $172,349 $132,134
2019 $3,961 $295,454 $167,238 $128,216
2018 $3,825 $289,661 $163,959 $125,702
2016 $3,650 $278,416 $157,594 $120,822
2015 $3,601 $274,235 $155,227 $119,008
2014 $3,620 $268,864 $152,187 $116,677
Source: Public Records

Agents Affiliated with this Home

  • Randy Merino

    Landlord's Agent in 2024

    Randy Merino

    Premier Properties

    (310) 422-4238

    39 Total Sales

    Randy Merino
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Map

Source: The MLS

MLS Number: 23-335365

The MLS

APN: 5016-002-030

California Los Angeles County Los Angeles 90062 Vermont Square

1506 W Vernon Ave Unit 2, Los Angeles, CA

This home is located at 1506 W Vernon Ave Unit 2, Los Angeles, CA 90062 since 28 November 2023 and is currently priced at $713,273. This property was built in 1920. 1506 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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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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