NOT LISTED FOR SALE

1538 E 54th St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $612,278 - $755,000

4 Beds
3 Baths
1,366 Sq Ft
$492/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $402,000 $294 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,018/month

7 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Wall Furnace
  • Laundry Room
  • Paved or Partially Paved Lot
  • 4-minute walk to Slauson Senior Multipurpose Recreation Center

About This Home

As of May 2017

This is a great Rental location, Must see. Property is owner/tenant occupied. Live in one rent the other two.

Last Agent to Sell the Property

Luis Aguiar

Royalty Realty Investments License #01892747 Listed on: 02/04/2017

Last Buyer's Agent

Luis Aguiar

Royalty Realty Investments License #01892747 Listed on: 02/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 1921

Lot Details

  • 5,201 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Back Yard

Interior Spaces

  • 1,366 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Utilities

  • Cooling Available
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 2289
  • Assessor Parcel Number 5105004005

Community Details

Overview

  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,520
  • Operating Expense $2,520
  • Gross Income $39,600
  • Net Operating Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,818

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5105004005
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 294.29

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Paved
  • Lot Size Sq Ft: 5201.00

Multi Family

  • Gross Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 2520.00
  • Net Operating Income: 39600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 2520.00

Tax Info

  • Tax Census Tract: 2289.00
  • Tax Lot: 36
  • Tax Tract Number: 2289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2017
Closed on
Apr 20, 2017
Sold by
Fernandez Reina E
Bought by
Reyes Brenda Y
Seller's Agent
Luis Aguiar
Royalty Realty Investments
Buyer's Agent
Luis Aguiar
Royalty Realty Investments
List Price
$399,000
Sold Price
$402,000
Premium/Discount to List
$3,000
0.75%
Current Estimated Value
$671,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,570
Avg. Annual Appreciation
6.25%
Original Mortgage
$301,500
Outstanding Balance
$250,411
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$421,159

Purchase Details

Closed on
Aug 20, 2003
Sold by
Amaya Manfredy and Garcia Maria Delsocorro
Bought by
Fernandez Reina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1997
Sold by
Guillen Saul and Solorzano Etelbina
Bought by
Amaya Manfredy and Garcia Maria Delsocorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,749
Interest Rate
7.42%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Reyes Brenda Y $402,000 Title 365
Fernandez Reina E $240,000 Southland Title Company
Amaya Manfredy $160,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Brenda Y $301,500
Previous Owner Fernandez Reina E $204,000
Previous Owner Amaya Manfredy $156,749
Closed Fernandez Reina E $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $402,000 0.0% $294 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
02/07/2017 02/07/17 Off Market $402,000 -- --
02/04/2017 02/04/17 For Sale $399,000 -- $292 / 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 $5,818 $466,550 $348,173 $118,377
2024 $5,818 $457,403 $341,347 $116,056
2023 $5,709 $448,435 $334,654 $113,781
2022 $5,449 $439,643 $328,093 $111,550
2021 $5,380 $431,023 $321,660 $109,363
2020 $5,432 $426,604 $318,362 $108,242
2019 $5,223 $418,240 $312,120 $106,120
2018 $5,150 $410,040 $306,000 $104,040
2016 $3,574 $288,241 $96,078 $192,163
2015 $3,523 $283,912 $94,635 $189,277
2014 $3,551 $278,352 $92,782 $185,570
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Luis Aguiar

    Royalty Realty Investments

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17025379

California Regional Multiple Listing Service (CRMLS)

APN: 5105-004-005

California Los Angeles County Los Angeles 90011 Central Alameda

1538 E 54th St, Los Angeles, CA

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