G
Seller's Agent in 2024
Gustavo Contreras
CENTURY 21 REALTY MASTERS
(323) 722-7700
1 in this area
5 Total Sales
228 W 47th Place Los Angeles, CA 90037
South Park NeighborhoodEstimated Value: $600,000 - $643,000
3
Beds
1
Bath
2,584
Sq Ft
$243/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Laundry Room
- Chain Link Fence
- Multi-Level Bedroom
- Family Room
- Carpet
About This Home
As of December 2024INVESTORS WANTED! Great Investment Opportunity. A duplex currently currently producing great rental income. 3 Bedrooms and 1 Bathroom each, plenty of parking space, RV driveway. Great location close to (DTLA) Downtown Los Angeles, (LAX) Los Angeles International Airport, (USC) University of Southern California and the 110, 105 and 10 Freeways. Investors and Big Families are welcome! Contact agent for details and to make an appointment, property is tenant occupied, Do Not Disturb Tenants. Send your offers this property will go fast!
Last Agent to Sell the Property
CENTURY 21 REALTY MASTERS Brokerage Phone: 213-631-0494 License #01396137 Listed on: 08/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,121
Year Built
- Built in 1917
Lot Details
- 5,678 Sq Ft Lot
- 1 Common Wall
- Chain Link Fence
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Colonial Architecture
- Entry on the 1st floor
- Fire Rated Drywall
- Asbestos Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,584 Sq Ft Home
- 2-Story Property
- Family Room
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Multi-Level Bedroom
- 1 Bathroom
Parking
- 6 Parking Spaces
- Parking Available
- Driveway
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 81
- Tax Tract Number 231
- Assessor Parcel Number 5110014021
- $422 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $105
- Trash Expense $305
- Water Sewer Expense $195
- Operating Expense $605
- Gross Income $4,370
- Net Operating Income $2,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 24, 2024
Sold by
Rios Ramon and Rios Estela
Bought by
Borrione Laurence
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
$188,100
Interest Rate
6.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 11, 2012
Sold by
Rios Ramon and Rios Estela
Bought by
Rios Ramon and Rios Estela
Purchase Details
Closed on
Nov 24, 2003
Sold by
Majestic Financial Services Inc
Bought by
Rios Ramon and Rios Estela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2003
Sold by
Mendoza Maria Fannie
Bought by
Majestic Financial Services Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 29, 2003
Sold by
Aurora Loan Services
Bought by
Mendoza Maria Fannie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 2003
Sold by
Federal National Mortgage Association
Bought by
Aurora Loan Services Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2003
Sold by
Aurora Loan Services Inc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 29, 2003
Sold by
Kallenbach Jacquelyn A
Bought by
Aurora Loan Services Inc
Purchase Details
Closed on
Nov 29, 2001
Sold by
Young Cynthia
Bought by
Kallenbach Jacquelyne A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.11%
Purchase Details
Closed on
Sep 7, 2001
Sold by
Young Henry
Bought by
Young Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.62%
Purchase Details
Closed on
Jan 18, 2001
Sold by
Pledged Property Iv Llc
Bought by
Hud
Purchase Details
Closed on
Jul 12, 2000
Sold by
Solera Erick and Valencia Paola
Bought by
Pledged Property Iv Llc
Purchase Details
Closed on
Mar 18, 1998
Sold by
Asencio Angeles
Bought by
Solera Erick and Valencia Paola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,579
Interest Rate
7.17%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 12, 1997
Sold by
Ameriquest Mtg Co
Bought by
Asencio Angeles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.14%
Purchase Details
Closed on
Oct 16, 1997
Sold by
Campbell Harriet L and Ameriquest Mtg Co
Bought by
Ameriquest Mtg Co and Long Beach Mtg Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.14%
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 |
|---|---|---|---|
| Borrione Laurence | $605,000 | Wfg National Title | |
| Borrione Laurence | $605,000 | Wfg National Title | |
| Rios Ramon | -- | None Available | |
| Rios Cassandra | -- | None Available | |
| Rios Ramon | $350,000 | Ticor | |
| Majestic Financial Services Inc | -- | -- | |
| Mendoza Maria Fannie | $250,000 | First American Title Co | |
| Aurora Loan Services Inc | -- | First American Title Co | |
| Federal National Mortgage Association | -- | First American Title Co | |
| Aurora Loan Services Inc | $218,450 | First American Title Co | |
| Kallenbach Jacquelyne A | $300,000 | Landsafe Title | |
| Young Cynthia | -- | Landsafe Title | |
| Young Cynthia | $220,000 | Landsafe Title | |
| Hud | -- | -- | |
| Pledged Property Iv Llc | $302,613 | First American Title Ins Co | |
| Solera Erick | $279,000 | Benefit Land Title Company | |
| Asencio Angeles | $123,000 | Fidelity Title | |
| Ameriquest Mtg Co | $118,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Borrione Laurence | $188,100 | |
| Previous Owner | Rios Ramon | $315,000 | |
| Previous Owner | Mendoza Maria Fannie | $182,000 | |
| Previous Owner | Kallenbach Jacquelyne A | $285,000 | |
| Previous Owner | Young Cynthia | $176,000 | |
| Previous Owner | Solera Erick | $267,579 | |
| Previous Owner | Asencio Angeles | $150,000 | |
| Closed | Asencio Angeles | $25,000 | |
| Closed | Young Cynthia | $44,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $605,000 | -9.7% | $234 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 08/23/2024 08/23/24 | For Sale | $669,900 | -- | $259 / 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 | $5,121 | $605,000 | $400,000 | $205,000 |
| 2024 | $5,121 | $391,688 | $151,591 | $240,097 |
| 2023 | $5,028 | $384,009 | $148,619 | $235,390 |
| 2022 | $4,803 | $376,480 | $145,705 | $230,775 |
| 2021 | $4,733 | $369,099 | $142,849 | $226,250 |
| 2020 | $4,775 | $365,316 | $141,385 | $223,931 |
| 2019 | $4,597 | $358,154 | $138,613 | $219,541 |
| 2018 | $4,481 | $351,133 | $135,896 | $215,237 |
| 2016 | $4,261 | $337,500 | $130,620 | $206,880 |
| 2015 | $4,201 | $332,431 | $128,658 | $203,773 |
| 2014 | $4,226 | $325,920 | $126,138 | $199,782 |
Source: Public Records
Agents Affiliated with this Home
-
Gustavo Contreras
-
Sierra Allen
S
Buyer's Agent in 2024
Sierra Allen
Real Brokerage Technologies, Inc.
(770) 630-7886
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB24175781
APN: 5110-014-021
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