NOT LISTED FOR SALE

2028 W Martin Luther King jr Blvd Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $662,000 - $886,100

2 Beds
2 Baths
1,290 Sq Ft
$595/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $450,000 $349 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,748/month

103 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Rectangular Lot
  • Private Yard
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of June 2019

Back on the Market. Single Family Home , Upcoming Area ,close to USC & Leimert Park Area, 2 bedrooms and 2 bath. Property will be deliver vacant. Property needs cosmetic repair, paint , floors. There is a 2 car garage detached on the back of the property. City of LA will allow garage to be converted as a guest HOUSE (please check with city officials). All offers will be considered.

Last Agent to Sell the Property

Hugo Contreras

HC Realty Group License #01082884 Listed on: 03/01/2019

Last Buyer's Agent

Hugo Contreras

HC Realty Group License #01082884 Listed on: 03/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,871

Year Built

  • Built in 1922

Lot Details

  • 5,471 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Garden
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD5

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 5022016025

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,871

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 5624133810
  • Property Attached: No
  • View: No
  • Zoning: LARD5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5022016025
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1290.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 348.84
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby, Walkstreet, Yard
  • Lot Size Sq Ft: 5471.00
  • Lot Size Acres: 0.1256

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5471.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2315.00
  • Tax Lot: 25
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Rojas Elvis and Mota Oscar Luna
Bought by
Rojas Elvis
Current Estimated Value
$768,025

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
Outstanding Balance
$380,075
Interest Rate
3%
Estimated Equity
$365,120

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jun 7, 2019
Sold by
Prudenciano Edilberta Barrales
Bought by
Mota Valentin Luna
Seller's Agent
Hugo Contreras
HC Realty Group
Buyer's Agent
Hugo Contreras
HC Realty Group
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$421,499
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jun 6, 2019
Sold by
Luna Rodolfo
Bought by
Rojas Elvis and Mota Oscar Luna
Seller's Agent
Hugo Contreras
HC Realty Group
Buyer's Agent
Hugo Contreras
HC Realty Group
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,499
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jun 5, 2019
Sold by
Melgar Leslie Belen
Bought by
Mota Oscar Luna
Seller's Agent
Hugo Contreras
HC Realty Group
Buyer's Agent
Hugo Contreras
HC Realty Group
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,499
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 2009
Sold by
Mota Valentin Luna
Bought by
Mota Valentin Luna and Luna Rodolfo

Purchase Details

Closed on
Aug 31, 2006
Sold by
Luna Rodolfo
Bought by
Mota Valentin Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2003
Sold by
Chico Felix Rojas
Bought by
Luna Rodolfo and Mota Valentin Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1998
Sold by
Chico Felix Rojas
Bought by
Chico Felix Rojas and Luna Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,884
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1996
Sold by
Sutton Evelyn I
Bought by
Chico Felix Rojas and Luna Rodolfo
Source: Public Records

Range of Values:

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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
Rojas Elvis -- Wfg National Title Company
Mota Valentin Luna -- First American Title
Rojas Elvis $430,000 First American Title
Mota Oscar Luna -- First American Title Company
Mota Valentin Luna -- None Available
Mota Valentin Luna -- Orange Coast Title
Luna Rodolfo -- American Title
Chico Felix Rojas -- First American Title Co
Chico Felix Rojas $115,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Elvis $50,000
Open Rojas Elvis $427,500
Previous Owner Rojas Elvis $421,499
Previous Owner Mota Valentin Luna $158,207
Previous Owner Mota Valentin Luna $168,500
Previous Owner Luna Rodolfo $160,000
Previous Owner Chico Felix Rojas $112,884
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $450,000 -14.3% $349 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $525,000 0.0% $407 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $525,000 -- $407 / 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 $7,871 $638,871 $536,784 $102,087
2024 $7,871 $626,345 $526,259 $100,086
2023 $7,725 $614,065 $515,941 $98,124
2022 $7,376 $602,025 $505,825 $96,200
2021 $7,283 $590,221 $495,907 $94,314
2019 $908 $354,043 $264,786 $89,257
2018 $4,410 $347,102 $259,595 $87,507
2017 $1 $340,297 $254,505 $85,792
2016 $4,216 $333,625 $249,515 $84,110
2015 $4,156 $328,615 $245,768 $82,847
2014 $4,179 $322,179 $240,954 $81,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19046901

California Regional Multiple Listing Service (CRMLS)

APN: 5022-016-025