NOT LISTED FOR SALE

1624 E 48th Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $733,000

8 Beds
4 Baths
3,306 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2012

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

Est. 171% increase in value since last sale

Current estimated payment $4,240 / mo

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

4,493 Sq Ft Lot

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

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

Listed on
Feb 9, 2012
Closed on
Mar 7, 2012
Sold by
Bought by
Seller's Agent
myrna tollett
Keller Williams North Valley
Sold Price
$270,500
Current Estimated Value
$733,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,500
Avg. Annual Appreciation
7.25%

Purchase Details

Listed on
Feb 9, 2012
Closed on
Feb 16, 2012
Sold by
Bought by
Seller's Agent
myrna tollett
Keller Williams North Valley
Sold Price
$270,500

Purchase Details

Closed on
Aug 11, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 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
$479,200
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2003
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
$210,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2003
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
$210,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2002
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
$210,000
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2001
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
$149,500
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2001
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
$149,500
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 1998
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
$88,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 3, 1998
Sold by
Bought by
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
-- North American Title Co Inc
$250,500 None Available
$215,900 Landsafe Title
$599,000 Southland Title
-- --
-- --
$215,000 American Title
$223,383 First American Title Ins Co
-- --
-- Benefit Land Title Company
$150,000 Benefit Land Title Company
-- --
-- Investors Title Company
$110,000 Investors Title Company
$105,300 First American Title Ins Co
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 $479,200
Previous Owner $210,000
Previous Owner $149,500
Previous Owner $88,000
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
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

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 $4,199 $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

  • m

    Seller's Agent in 2012

    myrna tollett

    Keller Williams North Valley

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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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