Seller's Agent in 2021
Ben Salem
Compass
(310) 773-6141
1 in this area
64 Total Sales
1835 W 48th St Los Angeles, CA 90062
Vermont Square NeighborhoodEstimated Value: $495,000 - $1,581,179
2
Beds
1
Bath
1,624
Sq Ft
$664/Sq Ft
Est. Value
About This Home
As of August 2021Calling all investors! With some creative vision, this charming 2 bedroom /1 bathroom South Los Angeles fixer has tons of potential to be the perfect family home! The kitchen, bedroom, and living spaces have ample room to be reimagined into a beautiful home! The home has suffered extensive fire damage, cash only. Great location in close proximity to USC University, Banc of California, The Coliseum, and Science Museum.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,503
Year Built
- Built in 1912
Lot Details
- 6,304 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR2
Parking
- 1 Car Garage
Interior Spaces
- 1,624 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 16 / 8
- Tax Tract Number 2324
- Assessor Parcel Number 5015004017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 25, 2022
Sold by
Ocean Development Inc
Bought by
3La Oz Fund Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,257
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 22, 2021
Closed on
Aug 3, 2021
Sold by
Us Bank Trust National Association
Bought by
Ocean Development Inc
Seller's Agent
Ben Salem
Compass
Buyer's Agent
Jason Katzman
Compass
List Price
$499,900
Sold Price
$583,000
Premium/Discount to List
$83,100
16.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$800,000
Interest Rate
2.7%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 11, 2020
Sold by
Imperial Standard Llc
Bought by
Us Bank Trust National Association
Purchase Details
Closed on
Apr 27, 2018
Sold by
Beneficial Standard Llc
Bought by
Imperial Standard Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 1, 2017
Closed on
Jul 18, 2017
Sold by
Jacobs Aaron
Bought by
Beneficial Standard Llc
Seller's Agent
David Knight
Keller Williams Realty
Buyer's Agent
Ricky Martinez
Richard Martinez
List Price
$335,000
Sold Price
$410,000
Premium/Discount to List
$75,000
22.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$350,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2000
Sold by
Brooks Gilbert F
Bought by
Brooks Gilbert Fred and The Gilbert Fred Brooks Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 3La Oz Fund Llc | $597,000 | Lawyers Title | |
| Ocean Development Inc | $583,000 | Fidelity National Title Co | |
| Us Bank Trust National Association | $426,500 | Fidelity National Title | |
| Imperial Standard Llc | -- | Pacific Coast Title Company | |
| Beneficial Standard Llc | $410,000 | Lawyers Title | |
| Brooks Gilbert Fred | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 3La Oz Fund I Llc | $756,250 | |
| Closed | 3La Oz Fund Llc | $900,257 | |
| Previous Owner | Ocean Development Inc | $800,000 | |
| Previous Owner | Imperial Standard Llc | $20,000 | |
| Previous Owner | Beneficial Standard Llc | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2021 08/11/21 | Sold | $583,000 | +16.6% | $359 / Sq Ft |
| 07/29/2021 07/29/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $499,900 | +21.9% | $308 / Sq Ft |
| 07/25/2017 07/25/17 | Sold | $410,000 | +22.4% | $252 / Sq Ft |
| 07/14/2017 07/14/17 | Pending | -- | -- | -- |
| 06/01/2017 06/01/17 | For Sale | $335,000 | -- | $206 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,503 | $1,271,093 | $633,328 | $637,765 |
| 2024 | $15,503 | $1,246,170 | $620,910 | $625,260 |
| 2023 | $7,705 | $608,736 | $487,050 | $121,686 |
| 2022 | $7,198 | $583,000 | $466,400 | $116,600 |
| 2021 | $7,241 | $583,200 | $483,200 | $100,000 |
| 2020 | $7,252 | $572,220 | $416,160 | $156,060 |
| 2019 | $5,296 | $418,200 | $334,560 | $83,640 |
| 2018 | $5,204 | $410,000 | $328,000 | $82,000 |
| 2016 | $3,586 | $277,741 | $223,650 | $54,091 |
| 2015 | $3,537 | $273,570 | $220,291 | $53,279 |
| 2014 | $3,558 | $268,212 | $215,976 | $52,236 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Salem
-
Jason Katzman
Buyer's Agent in 2021
Jason Katzman
Compass
(818) 430-2505
1 in this area
4 Total Sales
-
David Knight
D
Seller's Agent in 2017
David Knight
Keller Williams Realty
(626) 657-0359
374 Total Sales
-
J
Seller Co-Listing Agent in 2017
Jeffrey Vanderpool
Keller Williams Realty
-
R
Buyer's Agent in 2017
Ricky Martinez
Richard Martinez
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21161414
APN: 5015-004-017
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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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