NOT LISTED FOR SALE

1616 E 40th Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $411,285 - $582,000

1 Bed
1 Bath
470 Sq Ft
$988/Sq Ft Est. Value

About This Home

This home is located at 1616 E 40th Place, Los Angeles, CA 90011 and is currently estimated at $464,571, approximately $988 per square foot. 1616 E 40th Place is a home located in Los Angeles County with nearby schools including Nevin Avenue Elementary School, Thomas Jefferson Senior High School, and Nava College Preparatory Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Vargas Mario
Bought by
Vargas Mario and Alvarez Olga
Current Estimated Value
$464,571

Purchase Details

Closed on
Oct 10, 2006
Sold by
Vargas Olga
Bought by
Vargas Mario

Purchase Details

Closed on
Sep 26, 2006
Sold by
Vargas Casilda
Bought by
Vargas Mario

Purchase Details

Closed on
Jul 31, 2006
Sold by
Cortez Margarito V
Bought by
Vargas Mario

Purchase Details

Closed on
Dec 18, 1998
Sold by
Vargas Israel
Bought by
Cortez Margarito and Vargas Casilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,853
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Vargas Mario -- --
Vargas Mario -- Accommodation
Vargas Mario -- Accommodation
Vargas Mario -- None Available
Vargas Mario -- None Available
Cortez Margarito $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cortez Margarito $72,853
Source: Public Records

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 $1,390 $114,417 $85,586 $28,831
2024 $1,390 $112,174 $83,908 $28,266
2023 $1,363 $109,975 $82,263 $27,712
2022 $1,299 $107,819 $80,650 $27,169
2021 $1,280 $105,706 $79,069 $26,637
2019 $1,240 $102,573 $76,725 $25,848
2018 $1,197 $100,563 $75,221 $25,342
2016 $1,136 $96,660 $72,301 $24,359
2015 $1,119 $95,209 $71,215 $23,994
2014 $1,129 $93,344 $69,820 $23,524
Source: Public Records

Map

California Los Angeles County Los Angeles 90011 Central Alameda

1616 E 40th Place, Los Angeles, CA

Not Listed for Sale

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