NOT LISTED FOR SALE

1551 E 41st St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $581,000 - $749,000

3 Beds
1.5 Baths
1,431 Sq Ft
$438/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $260,000 $182 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,382/month

116 Days on Market

Highlights

  • Built in 1935 | Newly Remodeled
  • Main Floor Bedroom
  • No HOA
  • Updated Kitchen
  • Granite Countertops
  • 2-minute walk to Ross Snyder Recreation Center

About This Home

As of November 2014

Look at this two for one deal! This property has a front (~1000 sq/ft) and back (~300 sq/ft) unit. Both structure is permitted and legal. The front main house has vinyl wood floor with brand new carpets, laminate floor, paint, light fixtures, switches and more! The property is enclosed with a nice white gate in the front with separate walkway door as well as rolling gate for vehicle. The rear permitted structure is a recreational room. It has it’s own ½ bathroom. Brand new interior and roof- light, carpet, fixtures, insulation, wiring, and plumbing. The property has a new sewer connection line for proper plumbing. The unit was a rental unit so owner has already dealt with and fixed any problems that needed to be addressed! This property is truly turn-key and ready to be moved in. This lot is located one house away from the recreation park and school so the family and children can enjoy the tennis court, basketball court, pool, family program and much more. Because this property is located close to and walking distance to elementary and high school, it is within the safe school zone and all crimes committed in the area is penalized extra; the family and children can enjoy the safer environment.

Last Agent to Sell the Property

Richard Oberlander

Richard Oberlander, Broker License #01857241 Listed on: 06/30/2014

Last Buyer's Agent

Edward Chen

Real Brokerage Technologies License #01758593

Real Brokerage Technologies

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935 | Newly Remodeled

Lot Details

  • 3,427 Sq Ft Lot
  • Wrought Iron Fence
  • Chain Link Fence

Home Design

  • Pillar, Post or Pier Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,431 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Parking Available
  • Uncovered Parking

Utilities

  • No Heating
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 2568
  • Assessor Parcel Number 5117014006

Home Details

Home Type

Single Family

Year Built

Built in 1935 | Newly Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s), Window Bars
  • View: No
  • New Construction: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5117014006
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1431.00
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 181.69
  • Room Type: Living Room, Main Floor Bedroom
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Range, Gas Oven, Gas Cooktop
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Size: 3,484
  • Lot Size Sq Ft: 3427.00
  • Lot Size Acres: 0.0790

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3427.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 2568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Oct 24, 2014
Sold by
Oberlander Richard
Bought by
Salim Johny and Leopardi Herlina
Seller's Agent
Richard Oberlander
Richard Oberlander, Broker
Buyer's Agent
Edward Chen
Real Brokerage Technologies
List Price
$319,000
Sold Price
$260,000
Premium/Discount to List
-$59,000
-18.5%
Current Estimated Value
$588,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,811
Avg. Annual Appreciation
8.12%
Original Mortgage
$221,000
Outstanding Balance
$169,429
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$456,665

Purchase Details

Closed on
Aug 16, 2011
Sold by
Starknight Investments Llc
Bought by
Oberlander Richard and The La Revitalize Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Starknight Investments Llc

Purchase Details

Closed on
Oct 19, 2009
Sold by
Quinonez Yiset
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 9, 2006
Sold by
Quinonez Yiset and Quinonez Jose Manuel
Bought by
Quinonez Yiset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
8.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1997
Sold by
Romero Silvestre and Romero Gloria
Bought by
Quinonez Yiset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,830
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1995
Sold by
The Prudential Home Mtg Company Inc
Bought by
Hud

Purchase Details

Closed on
Jul 28, 1995
Sold by
Hernandez Carlos R and Hernandez Evangelina
Bought by
The Prudential Home Mtg Company Inc

Purchase Details

Closed on
Nov 19, 1993
Sold by
Dupont Adela M
Bought by
Hernandez Carlos R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,111
Interest Rate
7.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salim Johny $260,000 First American Title Company
Oberlander Richard -- First American Title Company
Starknight Investments Llc $118,000 Fatcola
Hsbc Bank Usa National Association $100,000 None Available
Quinonez Yiset -- Lenders Choice Title Company
Quinonez Yiset $129,000 Benefit Title
Hud -- Benefit Title
The Prudential Home Mtg Company Inc $124,406 Benefit Land Title Company
Hernandez Carlos R $117,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salim Johny $221,000
Previous Owner Oberlander Richard $88,000
Previous Owner Quinonez Yiset $255,500
Previous Owner Quinonez Yiset $127,830
Previous Owner Hernandez Carlos R $117,111
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2014 11/21/14 Sold $260,000 -1.9% $182 / Sq Ft
10/26/2014 10/26/14 Price Changed $265,000 -3.6% $185 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
08/18/2014 08/18/14 Price Changed $275,000 -3.3% $192 / Sq Ft
08/11/2014 08/11/14 Price Changed $284,500 -5.1% $199 / Sq Ft
07/16/2014 07/16/14 Price Changed $299,900 -6.0% $210 / Sq Ft
06/30/2014 06/30/14 For Sale $319,000 -- $223 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,895 $312,470 $234,115 $78,355
2024 $3,895 $306,344 $229,525 $76,819
2023 $3,822 $300,338 $225,025 $75,313
2022 $3,646 $294,450 $220,613 $73,837
2021 $3,599 $288,678 $216,288 $72,390
2019 $3,493 $280,118 $209,874 $70,244
2018 $3,436 $274,626 $205,759 $68,867
2016 $3,278 $263,964 $197,770 $66,194
2015 $3,231 $260,000 $194,800 $65,200
2014 $2,588 $200,929 $143,448 $57,481
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Oberlander

    Richard Oberlander, Broker

    Section Image
  • Edward Chen

    Buyer's Agent in 2014

    Edward Chen

    Real Brokerage Technologies

    (626) 560-5470

    62 Total Sales

    Edward Chen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14137214

California Regional Multiple Listing Service (CRMLS)

APN: 5117-014-006

California Los Angeles County Los Angeles 90011 Central Alameda

1551 E 41st St, Los Angeles, CA

Not Listed for Sale

Detached

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