NOT LISTED FOR SALE

1553 E 43rd St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $686,000 - $766,256

3 Beds
3 Baths
1,598 Sq Ft
$456/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $455,000 $285 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,329/month

67 Days on Market

About This Home

As of January 2020

Front unit remodeled recently. All tenant occupied. Great Investment property with positive cash flow near Down Town Los Angeles.

Last Agent to Sell the Property

Hovik Tahmasian

Coldwell Banker Hallmark License #01892407 Listed on: 10/08/2019

Coldwell Banker Hallmark

Last Buyer's Agent

Gina Isaac

Nourmand & Associates-HW License #01437713

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,058 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Property Attached

Interior Spaces

  • 3 Bedrooms
  • 1,598 Sq Ft Home
  • Laminate Flooring

Listing and Financial Details

  • Assessor Parcel Number 5116016020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Not Applicable 105 Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $7,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5116016020
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 284.73

Exterior Features

  • Pool Private: No
  • Spa: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5058.00
  • Lot Size Acres: 0.1161

Multi Family

  • Lot Size Area: 5058.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Total Expenses: 7625.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 23, 2019
Sold by
Snow John and Saakyan Mari
Bought by
Morassutti Daniela Alejandra Rincon
Seller's Agent
Hovik Tahmasian
Coldwell Banker Hallmark
Buyer's Agent
Gina Isaac
Nourmand & Associates-HW
List Price
$489,000
Sold Price
$455,000
Premium/Discount to List
-$34,000
-6.95%
Current Estimated Value
$729,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,064
Avg. Annual Appreciation
8.13%
Original Mortgage
$386,750
Outstanding Balance
$340,976
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$388,088

Purchase Details

Listed on
May 29, 2017
Closed on
Nov 27, 2017
Sold by
Mancia Rosa
Bought by
Snow John and Saakyan Mari
Seller's Agent
Juan Sanchez
Coldwell Banker Hallmark
Buyer's Agent
Hovik Tahmasian
Coldwell Banker Hallmark
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.53%
Original Mortgage
$247,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2002
Sold by
Umana Francisco Javier
Bought by
Mancia Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,968
Interest Rate
6.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morassutti Daniela Alejandra Rincon $455,000 Fidelity National Title
Snow John $330,000 North American Title Company
Mancia Rosa -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morassutti Daniela Alejandra Rincon $386,750
Previous Owner Snow John $247,500
Previous Owner Mancia Rosa $128,968
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2020 01/06/20 Sold $455,000 -7.0% $285 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $489,000 +48.2% $306 / Sq Ft
11/29/2017 11/29/17 Sold $330,000 0.0% $207 / Sq Ft View Prior Sale
10/30/2017 10/30/17 Pending -- -- --
05/27/2017 05/27/17 For Sale $330,000 -- $207 / 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 $6,209 $497,605 $295,282 $202,323
2024 $6,209 $487,849 $289,493 $198,356
2023 $6,092 $478,284 $283,817 $194,467
2022 $5,805 $468,906 $278,252 $190,654
2021 $5,731 $459,713 $272,797 $186,916
2020 $4,445 $343,332 $291,312 $52,020
2019 $4,278 $336,600 $285,600 $51,000
2018 $4,166 $330,000 $280,000 $50,000
2017 $2,740 $218,623 $77,694 $140,929
2016 $2,662 $214,337 $76,171 $138,166
2015 $2,624 $211,118 $75,027 $136,091
2014 $2,644 $206,984 $73,558 $133,426
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hovik Tahmasian

    Coldwell Banker Hallmark

    Section Image
  • Gina Isaac

    Buyer's Agent in 2020

    Gina Isaac

    Nourmand & Associates-HW

    (323) 462-6262

    65 Total Sales

    Gina Isaac
    Section Image

  • J

    Seller's Agent in 2017

    Juan Sanchez

    Coldwell Banker Hallmark

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 319004032

California Regional Multiple Listing Service (CRMLS)

APN: 5116-016-020

California Los Angeles County Los Angeles 90011 Central Alameda

1553 E 43rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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