NOT LISTED FOR SALE

1522 E 48th Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $968,860 - $1,187,000

4 Beds
3 Baths
3,056 Sq Ft
$362/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $454,000 $149 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $6,390/month

271 Days on Market

About This Home

As of November 2013

Great opportunity to purchase Spanish style duplex. The home has been repaired and remodeled. Downstairs unit has central HVAC, washer and dryer hookups, new kitchen cabinets with new granite counter tops, and nicely remodeled bathroom. Seller has received new COO with the county of LA. Buyer to verify bedrooms and COO. Back on the market.

Last Agent to Sell the Property

Michelle-Min Ju

Choice 100 Realty, Inc. License #01292687 Listed on: 01/11/2013

Last Buyer's Agent

Michelle-Min Ju

Choice 100 Realty, Inc. License #01292687 Listed on: 01/11/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,964

Year Built

  • Built in 1890

Lot Details

  • 10,544 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 3,056 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5106-019-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,964

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3056
  • Year Built: 1890
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 146.92

Exterior Features

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

Garage/Parking

  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 155537
  • Assessed Land Value: 101694
  • Assessor Parcel Number: 5106-019-004
  • Geocode Override: No
  • Lot Size Area: 10544

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.39
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 2 unit
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2013
Closed on
Sep 11, 2013
Sold by
Kac Ventures Llc
Bought by
Chung Man Lai
Seller's Agent
Michelle-Min Ju
Choice 100 Realty, Inc.
Buyer's Agent
Michelle-Min Ju
Choice 100 Realty, Inc.
List Price
$399,000
Sold Price
$454,000
Premium/Discount to List
$55,000
13.78%
Current Estimated Value
$1,107,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,715
Avg. Annual Appreciation
7.72%
Original Mortgage
$413,105
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2012
Sold by
Vargas Manuel J
Bought by
Kac Ventures Llc

Purchase Details

Closed on
Dec 20, 2011
Sold by
Vargas Manuel J
Bought by
Pollard Mark

Purchase Details

Closed on
Dec 17, 2010
Sold by
Vargas Manuel J and Vargas Lorenzo A
Bought by
Vargas Manuel J

Purchase Details

Closed on
Nov 28, 2010
Sold by
Vargas Manuel J
Bought by
Vargas Manuel J and Vargas Lorenzo A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chung Man Lai $454,000 Chicago Title Company
Kac Ventures Llc $210,243 None Available
Pollard Mark -- None Available
Vargas Manuel J -- None Available
Vargas Manuel J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Man Lai $413,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $454,000 +13.8% $149 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $399,000 -- $131 / 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 $6,964 $556,531 $367,754 $188,777
2024 $6,964 $545,620 $360,544 $185,076
2023 $6,834 $534,923 $353,475 $181,448
2022 $6,526 $524,436 $346,545 $177,891
2021 $6,432 $514,153 $339,750 $174,403
2019 $6,243 $498,905 $329,674 $169,231
2018 $6,149 $489,123 $323,210 $165,913
2016 $5,853 $470,131 $310,660 $159,471
2015 $5,770 $463,070 $305,994 $157,076
2014 $5,799 $454,000 $300,000 $154,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michelle-Min Ju

    Choice 100 Realty, Inc.

    (213) 446-4653

    1 Total Sale

    Michelle-Min Ju
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 13-644701

The MLS

APN: 5106-019-004

California Los Angeles County Los Angeles 90011 Central Alameda

1522 E 48th Place, Los Angeles, CA

This home is located at 1522 E 48th Place, Los Angeles, CA 90011 since 11 January 2013 and is currently estimated at $1,107,715, approximately $362 per square foot. This property was built in 1890. 1522 E 48th Place is a home located in Los Angeles County with nearby schools including Hooper Avenue Elementary School, Los Angeles Academy Middle School, and Thomas Jefferson 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.

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes