Seller's Agent in 2016
Bryan Castillo
Castillo Realty Group, Inc.
(310) 498-6908
4 Total Sales
202 E 49th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $750,000 - $791,800
5
Beds
2
Baths
1,643
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- Gated Parking
- Laundry Room
- Bungalow
- Wood Flooring
- More Than Two Accessible Exits
- Wrought Iron Fence
About This Home
As of August 2016Great Opportunity to own a Bread and Butter Income Property! Tenants pay for all utilities including water, trash, and sewer! Separately metered for water, gas, and electric! Property has two separate houses on one lot with two separate addresses and their own private driveways and yards. Large 2 bedroom / 1 bath house facing 49th St (202 E 49th St) rented at $1,339/month and a large 3 bedroom / 1 bath facing Wall St (4910 Wall St) rented at $1,673.75/month. Each unit has their own washer and dryer hook ups. Gated. The property is turnkey and priced to sell! Conveniently located close to schools, USC, downtown LA, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance (only gardening) with long-term tenants that always pay their rent on time. Start collecting income right away! Great for investor or first time buyer/owner user. Great upsize rental potential in this highly metropolitan location! Offers subject to interior inspection only. Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects. Sold AS-IS.
Last Agent to Sell the Property
Castillo Realty Group, Inc. License #01912834 Listed on: 07/18/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,059
Year Built
- Built in 1912
Lot Details
- 5,813 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
Home Design
- Bungalow
- Shingle Roof
Interior Spaces
- 1,643 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 7 Parking Spaces
- Parking Available
- Driveway
- Gated Parking
- Paved Parking
- Off-Street Parking
- Unassigned Parking
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Wall Furnace
- Private Water Source
- Sewer Not Available
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection, water
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 5109008008
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,200
- New Taxes Expense $4,063
- Gross Income $3,013
- Net Operating Income $2,953
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 23, 2018
Sold by
Farnad Shahnaz Rostami and Farnad Shahnaz
Bought by
Rostami Farnad Parviz Afranian and Rostami Farnad Shahnaz
Current Estimated Value
Purchase Details
Closed on
Jan 9, 2017
Sold by
Shannon Managernent Inc
Bought by
Farnad Shahnaz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$206,327
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$568,373
Purchase Details
Listed on
Jul 18, 2016
Closed on
Aug 5, 2016
Sold by
Castillo Bryan
Bought by
Shannon Management Inc
Seller's Agent
Bryan Castillo
Castillo Realty Group, Inc.
Buyer's Agent
Niloufar Ghavami
Keller Williams Luxury
List Price
$410,000
Sold Price
$420,000
Premium/Discount to List
$10,000
2.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Purchase Details
Closed on
Feb 26, 2010
Sold by
Kairos Investments Llc
Bought by
Castillo Bryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
4.94%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 31, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Kairos Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
5.25%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 12, 2008
Sold by
Rosas Macaria
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Oct 30, 2008
Sold by
Rosas Mateo
Bought by
Rosas Macaria
Purchase Details
Closed on
Nov 20, 2007
Sold by
Rosas Macaria
Bought by
Rosas Mateo
Purchase Details
Closed on
May 20, 2005
Sold by
Rosas Macaria and Valdez Macaria
Bought by
Rosas Macaria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,252
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 2005
Sold by
Rosas Cruz
Bought by
Rosas Macaria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,252
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 3, 2002
Sold by
Melchor Rigoberto M and Melchor Roberto Daniel
Bought by
Rosas Cruz and Valdez Macaria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,464
Interest Rate
6.51%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 29, 2002
Sold by
Allen Gregory L
Bought by
Melchor Rigoberto and Melchor Roberto Daniel
Purchase Details
Closed on
Apr 25, 2001
Sold by
Allen Gregory L and Allen Dariene Lawrence
Bought by
Allen Gregory L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
13.55%
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 |
|---|---|---|---|
| Rostami Farnad Parviz Afranian | -- | None Available | |
| Farnad Shahnaz | -- | None Available | |
| Farnad Shahnaz | -- | None Available | |
| Shannon Management Inc | $420,000 | Provident Title Company | |
| Castillo Bryan | $325,000 | Lawyers Title Company | |
| Kairos Investments Llc | $135,000 | Chicago Title Company | |
| Deutsche Bank National Trust Company | $370,146 | Accommodation | |
| Rosas Macaria | -- | None Available | |
| Rosas Mateo | -- | Accommodation | |
| Rosas Macaria | -- | -- | |
| Rosas Macaria | -- | -- | |
| Rosas Cruz | $196,500 | South Coast Title | |
| Melchor Rigoberto | -- | -- | |
| Allen Gregory L | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farnad Shahnaz | $250,000 | |
| Previous Owner | Castillo Bryan | $312,405 | |
| Previous Owner | Castillo Bryan | $319,113 | |
| Previous Owner | Kairos Investments Llc | $206,500 | |
| Previous Owner | Rosas Macaria | $470,000 | |
| Previous Owner | Rosas Macaria | $342,252 | |
| Previous Owner | Rosas Macaria | $342,252 | |
| Previous Owner | Rosas Cruz | $230,000 | |
| Previous Owner | Rosas Cruz | $193,464 | |
| Previous Owner | Allen Gregory L | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/09/2016 08/09/16 | Sold | $420,000 | +2.4% | $256 / Sq Ft |
| 07/18/2016 07/18/16 | For Sale | $410,000 | -- | $250 / 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 | $6,059 | $487,440 | $316,837 | $170,603 |
| 2024 | $6,059 | $477,883 | $310,625 | $167,258 |
| 2023 | $5,945 | $468,514 | $304,535 | $163,979 |
| 2022 | $5,673 | $459,328 | $298,564 | $160,764 |
| 2021 | $5,600 | $450,322 | $292,710 | $157,612 |
| 2020 | $5,653 | $445,705 | $289,709 | $155,996 |
| 2019 | $5,435 | $436,967 | $284,029 | $152,938 |
| 2018 | $5,368 | $428,400 | $278,460 | $149,940 |
| 2016 | $4,356 | $354,377 | $210,992 | $143,385 |
| 2015 | $4,293 | $349,055 | $207,823 | $141,232 |
| 2014 | $4,317 | $342,219 | $203,753 | $138,466 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Castillo
-
Niloufar Ghavami
N
Buyer's Agent in 2016
Niloufar Ghavami
Keller Williams Luxury
(818) 674-1366
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IN16156082
APN: 5109-008-008
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