Seller's Agent in 2021
Eric Kashani
City One Realty
(818) 999-6666
1 in this area
14 Total Sales
1553 E 56th St Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated Value: $650,000 - $817,553
4
Beds
3
Baths
1,554
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- No HOA
- 1-Story Property
- 5-minute walk to Augustus F. Hawkins Natural Park
About This Home
As of October 2021Rare opportunity to own a duplex in Los Angeles. Front Unit 2 bedrooms and 2.5 bath. Rear unit is 2 Bedrooms, 1 bat Ideal for a homebuyer, who's looking to live in one and rent the other to offset your mortgage. Great potential cash flow producing property with a high return.
Last Agent to Sell the Property
City One Realty License #01206175 Listed on: 01/18/2021
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 5,333 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Interior Spaces
- 1,554 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 91
- Tax Tract Number 2
- Assessor Parcel Number 5105016027
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- Insurance Expense $2,000
- New Taxes Expense $6,200
- Gross Income $39,600
- Net Operating Income $3,340
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2020
Sold by
Medina Loza J and Medina Marco Antonio
Bought by
Medina Loza J and Medina Marco Antonio
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,046
Outstanding Balance
$415,394
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$310,994
Purchase Details
Listed on
Jun 26, 2018
Closed on
Oct 13, 2018
Sold by
Mejia Susena
Bought by
Loeza J Trinidad Vega and Medina Marco Antonio
Seller's Agent
Hans Chalco
Realty One Group United
Buyer's Agent
Hans Chalco
Realty One Group United
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$466,396
Interest Rate
5.25%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 7, 2014
Sold by
Murillo Marcos
Bought by
Mejia Susana and Lima Jaime
Purchase Details
Listed on
Mar 25, 2013
Closed on
Apr 22, 2013
Sold by
Rivas Marina
Bought by
Murillo Marcos and Lima Jaime
Seller's Agent
Jose Palencia
Popular Funding & Real Estate
Buyer's Agent
Doreen Garcia
Popular Funding & Real Estate
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%
Original Mortgage
$289,656
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 12, 2012
Sold by
Benitez Lisandro T
Bought by
Rivas Marina
Purchase Details
Closed on
Jul 13, 2012
Sold by
Meza Benita and Estate Of Fermin Najera
Bought by
Benitez Lisandro T
Purchase Details
Closed on
Jul 13, 2004
Sold by
Alvarado Miguel Gonzalez and Gonzalez Miguel
Bought by
Alvarado Miguel Gonzalez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2003
Sold by
Placencia Sergio
Bought by
Gonzalez Miguel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 19, 2002
Sold by
Placencia Sergio and Sandoval Raul
Bought by
Placencia Sergio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
8.25%
Purchase Details
Closed on
May 6, 1998
Sold by
Najera Maria Delaluz
Bought by
Sandoval Raul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,264
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 21, 1998
Sold by
Southplace Corp
Bought by
Placencia Sergio and Sandoval Raul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,264
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 13, 1998
Sold by
King Mitch
Bought by
Southplace Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,264
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 13, 1998
Sold by
King Mitch
Bought by
King Mitch
Purchase Details
Closed on
Sep 30, 1997
Sold by
King Hui Lung L
Bought by
King Mitch
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 5, 1997
Sold by
Turner Jean B and Dear Janie
Bought by
King Mitch
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Medina Loza J | -- | First American Title Company | |
| Loeza J Trinidad Vega | $475,000 | Pacific Coast Title | |
| Mejia Susana | -- | None Available | |
| Murillo Marcos | $295,000 | Ticor Title Co | |
| Rivas Marina | $10,000 | None Available | |
| Benitez Lisandro T | $150,000 | Calcounties Title Nation | |
| Alvarado Miguel Gonzalez | -- | United Title Company-La | |
| Gonzalez Miguel | $230,000 | Commerce Title | |
| Placencia Sergio | -- | American Coast Title | |
| Sandoval Raul | -- | First American Title Co | |
| Placencia Sergio | $168,000 | First American Title Co | |
| Southplace Corp | -- | -- | |
| King Mitch | -- | Lawyers Title Company | |
| King Mitch | -- | -- | |
| King Mitch | $108,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Medina Loza J | $463,046 | |
| Closed | Loeza J Trinidad Vega | $466,396 | |
| Previous Owner | Murillo Marcos | $289,656 | |
| Previous Owner | Alvarado Miguel Gonzalez | $256,500 | |
| Previous Owner | Gonzalez Miguel | $184,000 | |
| Previous Owner | Placencia Sergio | $182,400 | |
| Previous Owner | Placencia Sergio | $164,264 | |
| Previous Owner | King Mitch | $86,400 | |
| Previous Owner | King Mitch | $86,400 | |
| Closed | Gonzalez Miguel | $46,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2021 10/04/21 | Sold | $620,000 | +5.1% | $399 / Sq Ft | |
| 02/26/2021 02/26/21 | Pending | -- | -- | -- | |
| 01/28/2021 01/28/21 | Price Changed | $590,000 | -9.2% | $380 / Sq Ft | |
| 01/18/2021 01/18/21 | For Sale | $650,000 | +36.8% | $418 / Sq Ft | |
| 10/19/2018 10/19/18 | Sold | $475,000 | -13.6% | $306 / Sq Ft | View Prior Sale |
| 08/31/2018 08/31/18 | Pending | -- | -- | -- | |
| 06/26/2018 06/26/18 | For Sale | $550,000 | +86.4% | $354 / Sq Ft | |
| 05/10/2013 05/10/13 | Sold | $295,000 | -4.8% | $190 / Sq Ft | View Prior Sale |
| 03/28/2013 03/28/13 | Pending | -- | -- | -- | |
| 03/25/2013 03/25/13 | For Sale | $310,000 | -- | $199 / 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 | $8,162 | $657,948 | $477,543 | $180,405 |
| 2024 | $8,074 | $645,048 | $468,180 | $176,868 |
| 2023 | $7,920 | $632,400 | $459,000 | $173,400 |
| 2022 | $7,555 | $620,000 | $450,000 | $170,000 |
| 2021 | $6,070 | $489,518 | $329,781 | $159,737 |
| 2020 | $6,129 | $484,500 | $326,400 | $158,100 |
| 2019 | $5,892 | $475,000 | $320,000 | $155,000 |
| 2018 | $9,501 | $310,539 | $190,126 | $120,413 |
| 2016 | $3,749 | $298,483 | $182,745 | $115,738 |
| 2015 | $3,696 | $294,000 | $180,000 | $114,000 |
| 2014 | $4,114 | $296,339 | $180,817 | $115,522 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Kashani
-
G
Buyer's Agent in 2021
General NONMEMBER
NONMEMBER MRML
-
Hans Chalco
H
Seller's Agent in 2018
Hans Chalco
Realty One Group United
(562) 622-8012
27 Total Sales
-
Jose Palencia
J
Seller's Agent in 2013
Jose Palencia
Popular Funding & Real Estate
(562) 861-0056
33 Total Sales
-
Doreen Garcia
D
Buyer's Agent in 2013
Doreen Garcia
Popular Funding & Real Estate
(323) 855-4102
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21011498
APN: 5105-016-027
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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