NOT LISTED FOR SALE

1592 E 48th Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $601,000 - $857,000

5 Beds
4 Baths
2,558 Sq Ft
$275/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $614,565 $240 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,988/month

196 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Living Room
  • Rectangular Lot
  • 5-minute walk to Fred Roberts Recreation Center

About This Home

As of March 2024

4-UNITS IN CENTRAL-ALAMEDA NEIGHBORHOOD IN SOUTH LOS ANGELES! This 4-unit property is described as a total of 5 bedrooms/4 bathrooms on a 7,503 SF lot. Access to all units except 1592 have not been verified. The unit breakdown appears to be: 1594 (front): 2 bedroom, 1592 – 1592 ¼ & 1592 ½ appear to be all 1 bedroom each. There is off-street parking available.

Last Agent to Sell the Property

Mike Potier

Vylla Home, Inc. Brokerage Phone: 562-708-0870 License #00458210 Listed on: 07/19/2023

Vylla Home, Inc.

Last Buyer's Agent

Laura Roman

Vylla Home, Inc. License #01279089

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,503 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,558 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 2674
  • Assessor Parcel Number 5106019009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5106019009
  • Year Built: 1965
  • Special Features: Auction

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 240.25
  • Room Type: Entry, Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7503.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7503.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2288.00
  • Tax Lot: 9
  • Tax Tract Number: 2674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Feb 13, 2024
Sold by
Harborview Mortgage Loan Trust
Bought by
Alibi Properties Llc
Seller's Agent
Mike Potier
Vylla Home, Inc.
Buyer's Agent
Laura Roman
Vylla Home, Inc.
List Price
$682,300
Sold Price
$614,565
Premium/Discount to List
-$67,735
-9.93%
Views
331
Current Estimated Value
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,435
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Oct 27, 2016
Sold by
Briceno Jorge
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 1, 2007
Sold by
Briceno Maria E
Bought by
Briceno Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Briceno Jorge
Bought by
Briceno Jorge

Purchase Details

Closed on
May 3, 2001
Sold by
Briceno Jorge and Cardenas Jose
Bought by
Briceno Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 7, 1994
Sold by
Sanchez Palemon M
Bought by
Briceno Jorge and Cardenas Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,250
Interest Rate
8.53%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1993
Sold by
Transamerica Financial Services
Bought by
Sanchez Palemon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.16%
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
Alibi Properties Llc $585,500 Premium Title
Deutsche Bank National Trust Company $495,000 None Available
Briceno Jorge -- Commonwealth Land Title Co
Briceno Jorge -- Landsafe Title
Briceno Jorge -- Fidelity Title
Briceno Jorge $200,000 World Title Company
Sanchez Palemon M $115,000 Orange Coast Title Of Los An
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Briceno Jorge $420,000
Previous Owner Briceno Jorge $217,000
Previous Owner Briceno Jorge $194,250
Previous Owner Sanchez Palemon M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $614,565 -0.2% $240 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
11/16/2023 11/16/23 Price Changed $615,800 -5.0% $241 / Sq Ft
10/16/2023 10/16/23 Price Changed $648,200 -5.0% $253 / Sq Ft
10/13/2023 10/13/23 For Sale $682,300 0.0% $267 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $682,300 -- $267 / 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 $7,337 $597,006 $403,206 $193,800
2024 $7,337 $568,910 $341,347 $227,563
2023 $7,202 $557,755 $334,654 $223,101
2022 $6,878 $546,820 $328,093 $218,727
2021 $6,786 $536,099 $321,660 $214,439
2019 $6,591 $520,200 $312,120 $208,080
2018 $6,481 $510,000 $306,000 $204,000
2016 $3,925 $307,862 $132,706 $175,156
2015 $3,871 $303,238 $130,713 $172,525
2014 $3,908 $297,299 $128,153 $169,146
Source: Public Records

Agents Affiliated with this Home

  • Mike Potier

    Seller's Agent in 2024

    Mike Potier

    Vylla Home, Inc.

    (562) 480-9884

    1 in this area

    34 Total Sales

    Mike Potier
    Section Image
  • Laura Roman

    Buyer's Agent in 2024

    Laura Roman

    Vylla Home, Inc.

    (562) 209-3645

    1 in this area

    39 Total Sales

    Laura Roman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23133132

California Regional Multiple Listing Service (CRMLS)

APN: 5106-019-009

California Los Angeles County Los Angeles 90011 Central Alameda

1592 E 48th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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