NOT LISTED FOR SALE

1634 E Vernon Ave Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $782,000 - $992,000

6 Beds
3 Baths
2,379 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $730,000 $307 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,588/month

19 Days on Market

About This Home

As of March 2021

Actual Current CAP 6.69% with 11.74 GRM. Cash Cow!!! Non-rent controlled Duplex, built in 2007. Both units are occupied by good standing Section 8 tenants. Each with individual washer & dryer, tenants pay all utilities including the water. There is a sub-meter for water by Vitality. Each unit comes with 2 car tandem parking. The lower unit's monthly rent is $2,576 & the upper unit's monthly rent is $2,641. Minutes away to Starbucks, Norms, Northgate market, IN & OUT, Wells Fargo, Bank of America & many more markets & restaurants. Owner only pays for tax, insurance, gardening & maintenance.

Last Agent to Sell the Property

Johnny and David Team

Keller Williams Realty Los Feliz License #01394690 Listed on: 03/02/2021

Keller Williams Realty Los Feliz

Co-Listed By

David Ruest

Keller Williams Realty Los Feliz License #02045144

Last Buyer's Agent

Johnny and David Team

Keller Williams Realty Los Feliz License #01394690 Listed on: 03/02/2021

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,668

Year Built

  • Built in 2007

Lot Details

  • 3,749

Interior Spaces

  • 2,379 Sq Ft Home
  • 2-Story Property
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 3,749 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5106-003-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,668

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Actual Current CAP 6.69% with 11.74 GRM. Cash Cow!!! Non-rent controlled Duplex, built in 2007. Both units are occupied by good standing Section 8 tenants. Each with individual washer & dryer, tenants pay all utilities including the water. There is a sub-meter for water by Vitality. Each unit comes with 2 car tandem parking. The lower unit's monthly rent is $2,576 & the upper unit's monthly rent is $2,641. Minutes away to Starbucks, Norms, Northgate market, IN & OUT, Wells Fargo, Bank of America & many more markets & restaurants. Owner only pays for tax, insurance, gardening & maintenance.
  • Living Area: 2379
  • Lot Acreage: 0.0861
  • Stories: 2
  • Year Built: 2007
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 308.95

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 55.22
  • Assessed Improvement Value: 229892
  • Assessed Land Percent: 44.78
  • Assessed Land Value: 186399
  • Total Assessed Value: 416291
  • Assessor Parcel Number: 5106-003-023
  • Lot Size Area: 3749

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.74
  • Number Of Units: 2
  • Total Annual Expense: 13420
  • Type Of Units: (3+2)+(3+1)
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 12, 2021
Sold by
Maison M
Bought by
Park Yoong and Park Jane
Seller's Agent
Johnny and David Team
Keller Williams Realty Los Feliz
Buyer's Agent
Johnny and David Team
Keller Williams Realty Los Feliz
List Price
$735,000
Sold Price
$730,000
Premium/Discount to List
-$5,000
-0.68%
Current Estimated Value
$877,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,665
Avg. Annual Appreciation
4.57%

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jul 1, 2019
Sold by
Seo Seung Hye
Bought by
Maison M
Seller's Agent
Martha Carrasco
Keller Williams North Valley
List Price
$579,000
Sold Price
$570,000
Premium/Discount to List
-$9,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 22, 2019
Sold by
Heruandez Alejandro
Bought by
Seo Seung Hye
Seller's Agent
Martha Carrasco
Keller Williams North Valley
List Price
$579,000
Sold Price
$570,000
Premium/Discount to List
-$9,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2014
Closed on
Aug 29, 2014
Sold by
Hernandez Humberto
Bought by
Hernandez Alejandro
Seller's Agent
Jesse Barocio
Century 21 Realty Masters
Buyer's Agent
Martha Carrasco
Keller Williams North Valley
List Price
$399,000
Sold Price
$402,000
Premium/Discount to List
$3,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$388,583
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 23, 2012
Sold by
Pyramid Investments Inc
Bought by
Hernandez Humberto
Seller's Agent
Alonso Magallanes
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
Alonso Magallanes
OPTION ONE REALTY & INVESTMENT
List Price
$359,900
Sold Price
$359,000
Premium/Discount to List
-$900
-0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$352,497
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2011
Sold by
Fannie Mae
Bought by
Pyramid Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,750
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2011
Sold by
Mendez Cesar and Ramirez Francisca
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2008
Sold by
California Realty & Investments Group In
Bought by
Mendez Cesar and Ramirez Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,200
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2007
Sold by
California Realty & Investment Group Inc
Bought by
Vivanco Juan
Source: Public Records

Range of Values:

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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
Park Yoong $730,000 Chicago Title Company
Maison M -- Chicago Title Company
Seo Seung Hye $570,000 Lawyers Title
Hernandez Alejandro $402,000 Old Republic Title Company
Hernandez Humberto $359,000 Fidelity National Title Co
Pyramid Investments Inc $180,000 First American Title Ins Co
Fannie Mae $477,568 Accommodation
Mendez Cesar $438,000 Southland Title
Vivanco Juan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seo Seung Hye $427,500
Previous Owner Hernandez Alejandro $393,000
Previous Owner Hernandez Alejandro $388,583
Previous Owner Hernandez Humberto $352,497
Previous Owner Pyramid Investments Inc $152,750
Previous Owner Mendez Cesar $394,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $730,000 -0.7% $307 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $735,000 +28.9% $309 / Sq Ft
05/29/2019 05/29/19 Sold $570,000 -1.6% $240 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $579,000 +44.0% $243 / Sq Ft
09/23/2014 09/23/14 Sold $402,000 +0.8% $169 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $399,000 +11.1% $168 / Sq Ft
09/26/2012 09/26/12 Sold $359,000 -0.3% $147 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $359,900 -- $147 / Sq Ft
Source: The MLS

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 $9,668 $790,173 $432,972 $357,201
2024 $9,668 $774,681 $424,483 $350,198
2023 $9,484 $759,492 $416,160 $343,332
2022 $9,046 $744,600 $408,000 $336,600
2021 $7,296 $591,060 $378,885 $212,175
2020 $7,323 $581,400 $357,000 $224,400
2019 $5,431 $433,106 $193,928 $239,178
2018 $5,350 $424,615 $190,126 $234,489
2016 $5,096 $408,130 $182,745 $225,385
2015 $5,024 $402,000 $180,000 $222,000
2014 $4,641 $360,629 $121,649 $238,980
Source: Public Records

Agents Affiliated with this Home

  • Johnny and David Team

    Seller's Agent in 2021

    Johnny and David Team

    Keller Williams Realty Los Feliz

    (213) 819-1043

    1 in this area

    62 Total Sales

    Johnny and David Team
    Section Image
  • David Ruest

    Seller Co-Listing Agent in 2021

    David Ruest

    Keller Williams Realty Los Feliz

    (310) 595-4436

    1 in this area

    54 Total Sales

    David Ruest
    Section Image
  • Martha Carrasco

    Seller's Agent in 2019

    Martha Carrasco

    Keller Williams North Valley

    (818) 491-4500

    71 Total Sales

    Martha Carrasco
    Section Image
  • Jesse Barocio

    Seller's Agent in 2014

    Jesse Barocio

    Century 21 Realty Masters

    (323) 562-7777

    34 Total Sales

    Jesse Barocio
    Section Image
  • Alonso Magallanes

    Seller's Agent in 2012

    Alonso Magallanes

    OPTION ONE REALTY & INVESTMENT

    (626) 890-7214

    21 Total Sales

    Alonso Magallanes
    Section Image
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Map

Source: The MLS

MLS Number: 21-699748

The MLS

APN: 5106-003-023

California Los Angeles County Los Angeles 90011 Central Alameda

1634 E Vernon Ave, Los Angeles, CA

This home is located at 1634 E Vernon Ave, Los Angeles, CA 90011 since 02 March 2021 and is currently estimated at $877,665, approximately $368 per square foot. This property was built in 2007. 1634 E Vernon Ave is a home located in Los Angeles County with nearby schools including Ascot Avenue Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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