NOT LISTED FOR SALE

1624 E 48th Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $852,000

8 Beds
4 Baths
3,306 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $270,500 $82 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $4,797/month

About This Home

As of March 2012

Excellent opportunty to fix and save! 3 units, front house is approx. 2262 sq.ft., middle unit is 600 and back unit over the garage is 444 sq.ft. Middle unit is missingkitchen and a portion of the bathroom.

Last Agent to Sell the Property

myrna tollett

Keller Williams North Valley License #00601919 Listed on: 02/09/2012

Keller Williams North Valley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 4,493 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 3,306 Sq Ft Home
  • Fixer Upper

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 2311
  • Assessor Parcel Number 5106020023

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $350
  • Insurance Expense $200
  • New Taxes Expense $236
  • Gross Income $2,950
  • Net Operating Income $2,013

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • View: No
  • Zoning: Lar2
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5106020023
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 81.82

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4493.00
  • Lot Size Acres: 0.1000

Multi Family

  • Average1 Bed Area: 400
  • Average2 Bed Area: 600
  • Average3 Bed Area: 2262
  • Electric Expense: 350.00
  • Gross Income: 2950.00
  • Gross Scheduled Income: 2950.00
  • Insurance Expense: 200.00
  • Lot Size Area: 4493.0000 Square Feet
  • Maintenance Percent: 5.00
  • Net Operating Income: 2013.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 936.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 236.00
  • Taxes Percent: 1.25
  • Tax Lot: A
  • Tax Tract Number: 2311
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2012
Closed on
Mar 7, 2012
Sold by
Daneshpanah Janet
Bought by
Shabani Eliyahoo and Jacobi Arash
Seller's Agent
myrna tollett
Keller Williams North Valley
Sold Price
$270,500
Current Estimated Value
$852,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,500
Avg. Annual Appreciation
8.62%

Purchase Details

Listed on
Feb 9, 2012
Closed on
Feb 16, 2012
Sold by
U S Bank National Association
Bought by
Shabani Eliyahoo
Seller's Agent
myrna tollett
Keller Williams North Valley
Sold Price
$270,500

Purchase Details

Closed on
Aug 11, 2009
Sold by
Maravilla Alfredo A
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 25, 2006
Sold by
Camacho Marco A and Rivera Blanca
Bought by
Maravilla Alfredo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2003
Sold by
Ashton Managment Llc
Bought by
Sharma Developments Inc

Purchase Details

Closed on
Feb 20, 2003
Sold by
Sharma Developments Inc
Bought by
Ashton Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2003
Sold by
Monument Mortgage Inc
Bought by
Scharma Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2002
Sold by
Gomez Daniel
Bought by
Monument Mtg Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2001
Sold by
Basulto Sofia
Bought by
Basulto Sofia and Valencia Maria E

Purchase Details

Closed on
Feb 15, 2001
Sold by
Fiero Joseph
Bought by
Basulto Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2001
Sold by
Zeledon Maria E and The Zeledon Family Trust
Bought by
Basulto Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1998
Sold by
Garcia Manuel
Bought by
Zeledon Maria E and Zeledon Family Trust

Purchase Details

Closed on
Oct 15, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Garcia Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 3, 1998
Sold by
Delatorre Antonio
Bought by
Home Svgs Of America Fsb
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
Shabani Eliyahoo -- North American Title Co Inc
Shabani Eliyahoo $250,500 None Available
Us Bank National Association $215,900 Landsafe Title
Maravilla Alfredo A $599,000 Southland Title
Sharma Developments Inc -- --
Ashton Management Llc -- --
Scharma Developments Inc $215,000 American Title
Monument Mtg Inc $223,383 First American Title Ins Co
Basulto Sofia -- --
Basulto Sofia -- Benefit Land Title Company
Basulto Sofia $150,000 Benefit Land Title Company
Zeledon Maria E -- --
Garcia Manuel -- Investors Title Company
Garcia Manuel $110,000 Investors Title Company
Home Svgs Of America Fsb $105,300 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maravilla Alfredo A $479,200
Previous Owner Scharma Developments Inc $210,000
Previous Owner Basulto Sofia $149,500
Previous Owner Garcia Manuel $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $270,500 -- $82 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,107 $314,628 $188,401 $126,227
2024 $4,107 $308,459 $184,707 $123,752
2023 $4,033 $302,412 $181,086 $121,326
2022 $3,855 $296,484 $177,536 $118,948
2021 $3,798 $290,671 $174,055 $116,616
2020 $3,831 $287,692 $172,271 $115,421
2019 $3,691 $282,052 $168,894 $113,158
2018 $3,640 $276,523 $165,583 $110,940
2016 $3,463 $265,787 $159,154 $106,633
2015 $3,416 $261,796 $156,764 $105,032
2014 $3,460 $256,669 $153,694 $102,975
Source: Public Records

Agents Affiliated with this Home

  • myrna tollett

    Seller's Agent in 2012

    myrna tollett

    Keller Williams North Valley

    (858) 792-6085

    5 Total Sales

    myrna tollett
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12009459

California Regional Multiple Listing Service (CRMLS)

APN: 5106-020-023

California Los Angeles County Los Angeles 90011 Central Alameda

1624 E 48th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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