NOT LISTED FOR SALE

1570 E 41st St Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $650,000 - $801,843

4 Beds
2 Baths
1,576 Sq Ft
$474/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2021

Last sale price $650,000 $412 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,686 / mo

6 Days on Market

Highlights

  • Property is near park and public transit
  • Laundry Room
  • Wall Furnace
  • Park
  • Level Lot
  • 2-minute walk to Ross Snyder Recreation Center

About This Home

As of May 2021

This residential income property has two houses and a detached two car garage which is split so each home has it's own one car garage. The front house is a 3 bedroom 1 bath home with granite counter tops in the kitchen, ceiling fans, laminate and tile flooring and a laundry room. The house in the rear is a 1 bedroom 1 bath home with tile counter top in the kitchen, carpet and tile flooring. These homes are close to the park, schools and public transportation.

Last Agent to Sell the Property

STEPHEN VAISA

R.E.O. PROPERTIES INC. License #00953940 Listed on: 03/09/2021

Last Buyer's Agent

Claudia Cortez

The Jireh Group License #01338715

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,460 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Property is near park and public transit
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 10 / A
  • Assessor Parcel Number 5116012009

Community Details

Overview

  • 3 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $589
  • Water Sewer Expense $1,556
  • New Taxes Expense $4,774
  • Operating Expense $7,630
  • Gross Income $32,176
  • Net Operating Income $24,546

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,460 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1556.00
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5116012009
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 412.44
  • Room Type: All Bedrooms Down, Kitchen, Laundry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Near Public Transit, Park Nearby, Sprinklers In Front
  • Lot Size Sq Ft: 5460.00
  • Lot Size Acres: 0.1253
  • Latitude Manual: 34.00826500

Multi Family

  • Gross Income: 32176.00
  • Gross Scheduled Income: 32176.00
  • Insurance Expense: 589.00
  • Lot Size Area: 5460.0000 Square Feet
  • Net Operating Income: 24546.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7630.00
  • Rent Control: Yes
  • Total Expenses: 7630.00

Tax Info

  • New Taxes Expense: 4774.00
  • Tax Block: A
  • Tax Census Tract: 2281.00
  • Tax Lot: 10
  • Tax Tract Number: Curtis

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2011
Sold by
Bought by
Current Estimated Value
$746,461

Purchase Details

Closed on
May 22, 2009
Sold by
Bought by

Purchase Details

Closed on
May 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.98%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,100
Interest Rate
6.73%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 1998
Sold by
Bought by

Purchase Details

Closed on
May 22, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,291
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1994
Sold by
Bought by

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
8.61%
Mortgage Type
FHA
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$124,100 None Available
$515,000 Transunion Title & Escrow Of
-- --
-- --
$145,000 American Title Co
$110,000 Provident Title
-- First American
$167,675 First American Title Ins Co
-- --
-- Stewart Title
-- Progressive Title Company
$160,000 Progressive Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $412,000
Previous Owner $143,814
Previous Owner $103,100
Previous Owner $154,291
Previous Owner $156,749
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $650,000 +1.6% $412 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $639,999 -- $406 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,698 $703,580 $432,972 $270,608
2024 $8,609 $689,785 $424,483 $265,302
2023 $8,445 $676,260 $416,160 $260,100
2022 $8,055 $663,000 $408,000 $255,000
2021 $4,459 $352,375 $183,801 $168,574
2020 $4,501 $348,763 $181,917 $166,846
2019 $4,331 $341,925 $178,350 $163,575
2018 $4,214 $335,221 $174,853 $160,368
2016 $4,022 $322,206 $168,064 $154,142
2015 $3,965 $317,367 $165,540 $151,827
2014 $3,990 $311,151 $162,298 $148,853
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    STEPHEN VAISA

    R.E.O. PROPERTIES INC.

    Section Image

  • C

    Buyer's Agent in 2021

    Claudia Cortez

    The Jireh Group

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21049920

California Regional Multiple Listing Service (CRMLS)

APN: 5116-012-009

California Los Angeles County Los Angeles 90011 Central Alameda

1570 E 41st St, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) 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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