NOT LISTED FOR SALE

151 W 49th St Los Angeles, CA 90037

South Park Neighborhood

Estimated Value: $738,000 - $918,000

5 Beds
3 Baths
2,199 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $353,000 $161 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,805/month

12 Days on Market

About This Home

As of August 2014

Are you looking for an income property that allows you to pass the water bills to the tenants? Well look no further. Seller installed separate water meters on this property eliminating water expense for your buyer. This beautiful specious remodeled detached duplex have not been on market since 2002. Both units has new roof and new exterior paint. Front house is currently rented consisting of 4bedroom, 1bath with a remodeled kitchen. Unit can be shown with an appointment. Back house is a vacate 3bed +2bath unit and has been completely remodeled. Unit has a new kitchen with custom cabinetry, granite counter tops, new flooring throughout, new bathrooms, and a master-suit. This is a "must see" property. Perfect for a first time buyer. Live in the back house and keep the front house rented for income. Back unit is on supra lockbox. Go direct

Last Agent to Sell the Property

Jonathan Anozie

The Realty Exchange Firm License #01252062 Listed on: 08/02/2014

Last Buyer's Agent

David Norman

Boardwalk Real Estate, Inc. License #01116835

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1924

Lot Details

  • 5,410 Sq Ft Lot

Interior Spaces

  • 2,199 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Driveway

Utilities

  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5110-018-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,375

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2199
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Vented Exhaust Fan
  • Price Per S Q F T: 176.90

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport, Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 108806
  • Assessed Land Value: 103167
  • Assessor Parcel Number: 5110-018-005
  • Geocode Override: No
  • Lot Size Area: 5410

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Detached SFR
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2014
Closed on
Aug 18, 2014
Sold by
Frisco Marcus
Bought by
Norman David and Shabani Natali
Seller's Agent
Jonathan Anozie
The Realty Exchange Firm
Buyer's Agent
David Norman
Boardwalk Real Estate, Inc.
List Price
$389,000
Sold Price
$353,000
Premium/Discount to List
-$36,000
-9.25%
Current Estimated Value
$817,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,822
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Mar 6, 2002
Sold by
Hud
Bought by
Frisco Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 26, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 31, 2001
Sold by
Catalan Juan and Sanchez Jorge A
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Dec 29, 1998
Sold by
Kja Investment Properties Inc
Bought by
Catalan Juan and Sanchez Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.78%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Norman David $353,000 Ortc
Frisco Marcus $136,000 Stewart Title
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $164,240 First American Title Ins Co
Catalan Juan $150,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frisco Marcus $245,000
Previous Owner Frisco Marcus $144,000
Previous Owner Catalan Juan $15,000
Previous Owner Kja Investment Properties Inc $95,000
Previous Owner Catalan Juan $148,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $353,000 -9.3% $161 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $389,000 -- $177 / 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 $5,375 $424,244 $240,367 $183,877
2024 $5,375 $415,926 $235,654 $180,272
2023 $5,276 $407,772 $231,034 $176,738
2022 $5,038 $399,777 $226,504 $173,273
2021 $4,968 $391,939 $222,063 $169,876
2020 $5,013 $387,922 $219,787 $168,135
2019 $4,824 $380,317 $215,478 $164,839
2018 $4,716 $372,860 $211,253 $161,607
2016 $2,848 $220,499 $107,317 $113,182
2015 $2,809 $217,187 $105,705 $111,482
2014 $2,830 $212,934 $103,635 $109,299
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Anozie

    Seller's Agent in 2014

    Jonathan Anozie

    The Realty Exchange Firm

    (310) 678-8138

    29 Total Sales

    Jonathan Anozie
    Section Image
  • David Norman

    Buyer's Agent in 2014

    David Norman

    Boardwalk Real Estate, Inc.

    (310) 820-1343

    11 Total Sales

    David Norman
    Section Image
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Map

Source: The MLS

MLS Number: 14-782545

The MLS

APN: 5110-018-005

California Los Angeles County Los Angeles 90037 South Park

151 W 49th St, Los Angeles, CA

This home is located at 151 W 49th St, Los Angeles, CA 90037 since 02 August 2014 and is currently estimated at $817,822, approximately $371 per square foot. This property was built in 1924. 151 W 49th St is a home located in Los Angeles County with nearby schools including West Vernon Avenue Elementary School, William Jefferson Clinton Middle School, and Thomas Jefferson Senior High School.

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