NOT LISTED FOR SALE

Estimated Value: $621,000 - $905,268

4 Beds
2 Baths
2 Sq Ft
$371,534/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2019

Last sale price $480,000 $240,000 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,557 / mo

2 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • Patio Home
  • Family Room

About This Home

As of April 2019

This home is located at 159 W 54th St, Los Angeles, CA 90037 since 28 February 2019 and is currently estimated at $743,067, approximately $371,533 per square foot. This property was built in 1912. 159 W 54th St is a home located in Los Angeles County with nearby schools including Main Street Elementary School, Los Angeles Academy Middle School, and Thomas Jefferson Senior High School.

Last Agent to Sell the Property

Lorena Barquero

Excellence RE Real Estate, Inc. License #00991348 Listed on: 02/28/2019

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Lorena Barquero

Excellence RE Real Estate, Inc. License #00991348 Listed on: 02/28/2019

Excellence RE Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,411 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Patio Home
  • Property Attached

Interior Spaces

  • 2 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 2
  • Assessor Parcel Number 5101034015

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,540
  • Fuel Expense $530
  • Insurance Expense $1,120
  • Trash Expense $780
  • Water Sewer Expense $2,100
  • New Taxes Expense $3,368
  • Operating Expense $4,950
  • Gross Income $30,600
  • Net Operating Income $100

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

5,411 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5101034015
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Room Type: Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Patio Home
  • Lot Size Sq Ft: 5411.00
  • Lot Size Acres: 0.1242

Multi Family

  • Electric Expense: 1540.00
  • Fuel Expense: 530.00
  • Gross Income: 30600.00
  • Gross Scheduled Income: 2550.00
  • Insurance Expense: 1120.00
  • Lot Size Area: 5411.0000 Square Feet
  • Net Operating Income: 100.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 300.00
  • Rent Control: Yes
  • Total Expenses: 4950.00

Tax Info

  • New Taxes Expense: 3368.00
  • Tax Census Tract: 2328.00
  • Tax Lot: 45
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
May 17, 2019
Sold by
Gonzalez Irene
Bought by
Gonzalez Arturo G
Seller's Agent
Lorena Barquero
Excellence RE Real Estate, Inc.
Buyer's Agent
Lorena Barquero
Excellence RE Real Estate, Inc.
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$743,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,067
Avg. Annual Appreciation
6.50%
Original Mortgage
$471,306
Outstanding Balance
$409,618
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$333,449

Purchase Details

Listed on
Feb 28, 2019
Closed on
May 15, 2019
Sold by
Gonzalez Arturo G
Bought by
Melendez Delgado Gaudencio Melendez and Melendez Fuentes Vanessa
Seller's Agent
Lorena Barquero
Excellence RE Real Estate, Inc.
Buyer's Agent
Lorena Barquero
Excellence RE Real Estate, Inc.
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Outstanding Balance
$409,618
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$333,449

Purchase Details

Listed on
Sep 13, 2012
Closed on
Sep 26, 2012
Sold by
Rodriguez Maria E and Garcia Judith
Bought by
Gonzalez Arturo G
Seller's Agent
Francisco Armas
Century 21 Masters
Buyer's Agent
Out Of Area Southland
SOUTHLAND
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$237,616
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 9, 2010
Sold by
Flores Daniris
Bought by
Rodriguez Maria E and Garcia Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,408
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2006
Sold by
Flores Daniris A
Bought by
Flores Daniris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2005
Sold by
Estrada Abigail
Bought by
Flores Daniris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 18, 2002
Sold by
Wellington Victoria B
Bought by
Brown James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
7.25%

Purchase Details

Closed on
Oct 1, 2002
Sold by
Cox William Bernard
Bought by
Bone Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
7.25%

Purchase Details

Closed on
Sep 5, 2002
Sold by
Bone Donna and Brown James
Bought by
Estrada Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
7.25%
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
Gonzalez Arturo G -- Pacific Coast Title
Melendez Delgado Gaudencio Melendez $480,000 Pacific Coast Title
Gonzalez Arturo G $242,000 Pacific Coast Title Company
Rodriguez Maria E $195,000 Investors Title Company
Flores Daniris -- Stewart Title Company
Flores Daniris A -- --
Brown James -- --
Brown Roosevelt -- --
Bone Donna -- --
Estrada Abigail $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Delgado Gaudencio Melendez $471,306
Previous Owner Gonzalez Arturo G $237,616
Previous Owner Rodriguez Maria E $192,408
Previous Owner Flores Daniris $368,000
Previous Owner Flores Daniris A $272,000
Previous Owner Estrada Abigail $171,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2019 04/30/19 Sold $480,000 0.0% $240,000 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $480,000 +98.3% $240,000 / Sq Ft
10/31/2012 10/31/12 Sold $242,000 -- $132 / Sq Ft View Prior Sale
09/13/2012 09/13/12 Pending -- -- --
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 $6,657 $535,444 $368,119 $167,325
2024 $6,572 $524,946 $360,901 $164,045
2023 $6,447 $514,654 $353,825 $160,829
2022 $6,151 $504,564 $346,888 $157,676
2021 $6,069 $494,672 $340,087 $154,585
2020 $6,210 $489,600 $336,600 $153,000
2019 $3,471 $267,138 $198,700 $68,438
2018 $3,368 $261,901 $194,804 $67,097
2016 $3,205 $251,734 $187,241 $64,493
2015 $3,160 $247,954 $184,429 $63,525
2014 $3,183 $243,098 $180,817 $62,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19045282

California Regional Multiple Listing Service (CRMLS)

APN: 5101-034-015

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