NOT LISTED FOR SALE

1639 E 48th Place Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $757,432 - $919,000

7 Beds
4 Baths
1,920 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $575,000 $299 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,073/month

69 Days on Market

Highlights

  • Double Pane Windows
  • Living Room
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 5-minute walk to Fred Roberts Recreation Center

About This Home

As of August 2018

BEAUTIFUL DUPLEX IN A GREAT LOCATION, PROPERTY CONSIST OF THE FOLLOWING: FRONT UNIT IS 3 BEDROOMS 2 BATH, BACK UNIT IS 4 BEDROOMS 2 BATH, ONE BUILDING, LAUNDRY ROOM IN EACH UNIT, LIVING ROOM, DINING ROOM, LAMINATE WOOD FLOORING, PARTIAL TILE FLOORING, KITCHENS WITH GRANITE COUNTER TOPS, UPGRADED BATHROOMS, DOUBLE PANE WINDOWS, PLENTY OF PARKING SPACE IN REAR WITH CARPORT, PROPERTY SHOWS VERY WELL, PROPERTY IN TURN KEY CONDITION, VERY WELL MAINTAINED, WELL MANICURED LANDSCAPING, PERFECT FOR TWO FAMILIES OR AS AN INVESTMENT, WROUGHT IRON WINDOWS AND FENCING, PROPERTY IS VERY LOW MAINTENANCE, AVOCADO AND LIME TREES, CLOSE TO MAJOR TRANSPORTATION, NICE FAMILY NEIGHBORHOOD.

Last Agent to Sell the Property

Joe Vivanco

Keller Williams SELA License #01218901 Listed on: 05/29/2018

Keller Williams SELA

Last Buyer's Agent

Jose Acosta

Pak Home Realty License #01488402

Pak Home Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,216 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Landscaped
  • Front Yard

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Carport
  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 2
  • Assessor Parcel Number 5106017023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5106017023
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 299.48
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 5216.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2288.00
  • Tax Lot: 24
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Aug 14, 2018
Sold by
Naranjo Gilberto
Bought by
Gallardo Irene and Mckinley Geron
Seller's Agent
Joe Vivanco
Keller Williams SELA
Buyer's Agent
Jose Acosta
Pak Home Realty
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$852,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,858
Avg. Annual Appreciation
5.48%
Original Mortgage
$460,000
Outstanding Balance
$399,491
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$453,367

Purchase Details

Closed on
Jun 21, 2005
Sold by
Naranjo Gilberto
Bought by
Naranjo Gilberto and Naranjo Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Naranjo Samuel
Bought by
Naranjo Gilberto and Naranjo Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2002
Sold by
Cochran Investment Company Inc
Bought by
Naranjo Samuel and Naranjo Gilberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
7.18%

Purchase Details

Closed on
Mar 13, 2002
Sold by
Bankers Trust Company Of California Na
Bought by
Cochran Investment Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
7.18%

Purchase Details

Closed on
Dec 19, 2001
Sold by
Nichols James
Bought by
Imh Assets Corp Collateralized Asset Bac

Purchase Details

Closed on
Dec 12, 2000
Sold by
All Believers International Corp
Bought by
Nichols James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
8.87%

Purchase Details

Closed on
Sep 20, 2000
Sold by
Henderson Yvonne M
Bought by
All Believers International Corp and The Fortress Group Corp
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
Gallardo Irene $575,000 Wfg National Title Company
Naranjo Gilberto -- --
Naranjo Gilberto -- --
Naranjo Samuel $239,000 Bridgespan Title
Cochran Investment Company Inc $102,500 Landsafe Title
Imh Assets Corp Collateralized Asset Bac $110,000 Landsafe Title
Nichols James $135,000 Orange Coast Title
All Believers International Corp $80,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallardo Irene $460,000
Previous Owner Naranjo Gilberto $271,000
Previous Owner Naranjo Samuel $239,000
Previous Owner Nichols James $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $575,000 0.0% $299 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $575,000 0.0% $299 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $575,000 0.0% $299 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $575,000 -- $299 / Sq Ft
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 $7,882 $641,417 $362,541 $278,876
2024 $7,882 $628,841 $355,433 $273,408
2023 $7,733 $616,512 $348,464 $268,048
2022 $7,377 $604,425 $341,632 $262,793
2021 $7,281 $592,575 $334,934 $257,641
2019 $7,066 $575,000 $325,000 $250,000
2018 $4,772 $378,632 $137,262 $241,370
2016 $4,548 $363,932 $131,933 $231,999
2015 $4,484 $358,467 $129,952 $228,515
2014 $4,509 $351,446 $127,407 $224,039
Source: Public Records

Agents Affiliated with this Home

  • Joe Vivanco

    Seller's Agent in 2018

    Joe Vivanco

    Keller Williams SELA

    (562) 228-1893

    3 in this area

    33 Total Sales

    Joe Vivanco
    Section Image

  • J

    Buyer's Agent in 2018

    Jose Acosta

    Pak Home Realty

    (562) 200-0977

    26 Total Sales

    Jose Acosta
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18124170

California Regional Multiple Listing Service (CRMLS)

APN: 5106-017-023

California Los Angeles County Los Angeles 90011 Central Alameda

1639 E 48th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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