225 W 56th St Los Angeles, CA 90037
South Park Neighborhood
3
Beds
2
Baths
1,621
Sq Ft
5,441
Sq Ft Lot
About This Home
As of April 2019Great Opportunity for Investors!!! BUY, FIX AND RENT!!! or live in one and rent the other. Property has 3 Beds/2Baths (Front Unit) 2 Beds/Bath (Back Unit). DUPLEX on LAR2 Zoning. 2 Car Detached Covered Garage in rear. Owner occupied and tenants. Property is selling AS IS. Need Repairs. Public Records has Property Description in total 3Beds/2Baths. Buyer must to check Sq Footage, Number of Rooms and Permits. NO SHOWINGS AT THIS TIME!!!! PLEASE DON'T CONTACT OR BOTHER TO THE OWNER AND TENANTS. THEY WON'T LET YOU IN.
Last Agent to Sell the Property
Luis Rivas
Pacific Home Brokers License #02007265 Listed on: 04/03/2018
Last Buyer's Agent
Luis Rivas
Pacific Home Brokers License #02007265 Listed on: 04/03/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,869
Year Built
- Built in 1915
Lot Details
- 5,441 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Property Attached
- Shingle Roof
Interior Spaces
- 1,621 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Source of electricity is unknown
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number 5101029008
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 19, 2021
Sold by
Diaz Frank and Hernandez Carlos Herrera
Bought by
Diaz Frank and Hernandez Carlos Herrera
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
$563,724
Outstanding Balance
$511,047
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$251,879
Purchase Details
Listed on
Jan 11, 2019
Closed on
Mar 25, 2019
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Herrera Diaz Frank and Herrera Hernandez Carlos
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Edward Barrios
Vista Sotheby's International Realty
List Price
$549,900
Sold Price
$575,000
Premium/Discount to List
$25,100
4.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$564,585
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 3, 2018
Closed on
Jul 13, 2018
Sold by
Ruano Maynor H
Bought by
Breckenridge Property Fund 2016 Llc
Seller's Agent
Luis Rivas
Pacific Home Brokers
Buyer's Agent
Luis Rivas
Pacific Home Brokers
List Price
$285,900
Sold Price
$305,000
Premium/Discount to List
$19,100
6.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.91%
Original Mortgage
$249,999
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 25, 2016
Sold by
Ruano Maynor H and Ruano Marycruz
Bought by
Vargas Family Trust
Purchase Details
Listed on
Jan 2, 2014
Closed on
Feb 21, 2014
Sold by
Ruarno Maynor H
Bought by
Ruano Maynor H and Ruano Marycruz
Seller's Agent
Luis Martinez
Century 21 Allstars
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$392,755
Interest Rate
4.38%
Mortgage Type
FHA
Purchase Details
Listed on
Jan 2, 2014
Closed on
Jan 16, 2014
Sold by
Angeleno Homes Llc
Bought by
Ruano Maynor H
Seller's Agent
Luis Martinez
Century 21 Allstars
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
4.38%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 25, 2013
Closed on
Jul 8, 2013
Sold by
Harding Janice Yvonne and The Andrew James Sedberry Livi
Bought by
Angeleno Homes Llc
Seller's Agent
READUS CARTER
STRATEGIC REALTY SOLUTIONS
Buyer's Agent
READUS CARTER
STRATEGIC REALTY SOLUTIONS
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.27%
Original Mortgage
$200,000
Interest Rate
4.51%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 28, 2009
Sold by
Sedberry Andrew James and Sedberry Andrew J
Bought by
The Andrew James Sedberry Living Trust
Purchase Details
Closed on
Jun 18, 2004
Sold by
Sedberry Leslie T
Bought by
Sedberry Leslie and Sedberry Living Trust
Similar Home in Los Angeles, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $575,000 | Usa National Title Company | |
| Trustee Deed | $349,464 | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $400,000 | Fidelity National Title Co | |
| Grant Deed | $240,000 | Fnt | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,500 | Credit Line Revolving | |
| Open | $563,724 | FHA | |
| Closed | $563,256 | FHA | |
| Closed | $564,585 | FHA | |
| Previous Owner | $249,999 | Commercial | |
| Previous Owner | $20,000 | Stand Alone First | |
| Previous Owner | $392,755 | FHA | |
| Previous Owner | $200,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2019 04/03/19 | Sold | $575,000 | 0.0% | $481 / Sq Ft |
| 03/07/2019 03/07/19 | Pending | -- | -- | -- |
| 02/22/2019 02/22/19 | Off Market | $575,000 | -- | -- |
| 02/22/2019 02/22/19 | For Sale | $549,900 | -4.4% | $460 / Sq Ft |
| 02/12/2019 02/12/19 | Off Market | $575,000 | -- | -- |
| 02/11/2019 02/11/19 | For Sale | $549,900 | -4.4% | $460 / Sq Ft |
| 02/01/2019 02/01/19 | Off Market | $575,000 | -- | -- |
| 01/25/2019 01/25/19 | Pending | -- | -- | -- |
| 01/11/2019 01/11/19 | For Sale | $549,900 | +80.3% | $460 / Sq Ft |
| 06/15/2018 06/15/18 | Sold | $305,000 | +6.7% | $188 / Sq Ft |
| 05/01/2018 05/01/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | For Sale | $285,900 | -28.5% | $176 / Sq Ft |
| 02/27/2014 02/27/14 | Sold | $400,000 | 0.0% | $247 / Sq Ft |
| 01/15/2014 01/15/14 | Pending | -- | -- | -- |
| 01/02/2014 01/02/14 | For Sale | $399,900 | +66.6% | $247 / Sq Ft |
| 07/29/2013 07/29/13 | Sold | $240,000 | -4.0% | $148 / Sq Ft |
| 06/03/2013 06/03/13 | Price Changed | $250,000 | -3.8% | $154 / Sq Ft |
| 05/11/2013 05/11/13 | For Sale | $260,000 | -- | $160 / 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 |
|---|---|---|---|---|
| 2024 | $7,869 | $628,842 | $382,774 | $246,068 |
| 2023 | $7,719 | $616,513 | $375,269 | $241,244 |
| 2022 | $7,363 | $604,425 | $367,911 | $236,514 |
| 2021 | $7,271 | $592,575 | $360,698 | $231,877 |
| 2020 | $7,342 | $586,500 | $357,000 | $229,500 |
| 2019 | $5,505 | $443,000 | $300,000 | $143,000 |
| 2018 | $5,294 | $430,944 | $215,472 | $215,472 |
| 2016 | $5,049 | $414,212 | $207,106 | $207,106 |
| 2015 | $4,976 | $407,992 | $203,996 | $203,996 |
| 2014 | -- | $240,000 | $160,000 | $80,000 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2019
Polly Watts
Sundae Homes
-
Edward Barrios
Buyer's Agent in 2019
Edward Barrios
Vista Sotheby's International Realty
(310) 200-1507
47 Total Sales
-
Beth Sparks
Buyer Co-Listing Agent in 2019
Beth Sparks
Century 21 Discovery
(714) 348-6276
36 Total Sales
-
L
Seller's Agent in 2018
Luis Rivas
Pacific Home Brokers
-
Luis Martinez
Seller's Agent in 2014
Luis Martinez
Century 21 Allstars
(562) 231-3362
5 in this area
219 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2014
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,732 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18075454
APN: 5101-029-008
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