NOT LISTED FOR SALE

234 W 56th St Los Angeles, CA 90037

South Park Neighborhood

Estimated Value: $883,000 - $1,192,000

8 Beds
4 Baths
3,152 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $685,000 $217 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,257/month

60 Days on Market

About This Home

As of November 2017

Looking to add to your portfolio or looking to start your portfolio. Well here is your money making machine ! Four plex close to downtown LA, shopping and Fwy access. Sellers ready to negotiate. Priced to sell !

Last Agent to Sell the Property

Amelia Sepulveda

Unknown Broker License #01415749 Listed on: 08/31/2017

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,692

Year Built

  • Built in 1964

Lot Details

  • 5,400

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 5,400 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5101-029-016

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $48,000
  • Net Operating Income $32,917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,692

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 5400.00
  • Parcel #: 5101-029-016

Multi Family

  • Total Annual Expense: 4000.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 48000.00
  • Property Net Operating Income: 32917.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Nov 21, 2017
Sold by
Watts Kirt
Bought by
Watts Gretchen
Seller's Agent
Amelia Sepulveda
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Current Estimated Value
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,000
Avg. Annual Appreciation
4.84%
Original Mortgage
$688,933
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 19, 2017
Sold by
Dejesus Erroa Misael
Bought by
Watts Gretchen
Seller's Agent
Amelia Sepulveda
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,933
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Jul 18, 2005
Sold by
Rivas Salvador C
Bought by
Erroa Misael De Jesus and Erroa Carolina Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1998
Sold by
Hernandez Francisco
Bought by
Rivas Salvador C and Rivas Gilma

Purchase Details

Closed on
Mar 5, 1998
Sold by
Izquierdo Monica
Bought by
Hernandez Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,765
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 1998
Sold by
Halleck Margaret L
Bought by
Izquierdo Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,765
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 1991
Sold by
Halleck Samuel A
Bought by
Halleck Samuel A and Halleck Margaret L
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Watts Gretchen -- First American Title Company
Watts Gretchen $685,000 First American Title Company
Erroa Misael De Jesus $600,000 Investors Title Company
Rivas Salvador C -- --
Hernandez Francisco $190,000 Fidelity Title
Izquierdo Monica $109,000 Fidelity Title
Halleck Samuel A -- --
Halleck Samuel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Gretchen $670,636
Closed Watts Gretchen $670,684
Closed Watts Gretchen $688,933
Previous Owner Erroa Misael De Jesus $450,000
Previous Owner Rivas Salvador C $187,600
Previous Owner Hernandez Francisco $184,765
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $685,000 -1.4% $217 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $695,000 -- $220 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $9,692 $779,408 $455,130 $324,278
2024 $9,692 $764,126 $446,206 $317,920
2023 $9,510 $749,144 $437,457 $311,687
2022 $9,077 $734,456 $428,880 $305,576
2021 $8,955 $720,056 $420,471 $299,585
2019 $8,693 $698,700 $408,000 $290,700
2018 $8,572 $685,000 $400,000 $285,000
2017 $8,804 $706,491 $376,796 $329,695
2016 $8,584 $692,639 $369,408 $323,231
2015 $8,461 $682,236 $363,860 $318,376
2014 $8,510 $668,873 $356,733 $312,140
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Amelia Sepulveda

    Unknown Broker

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21710261

Bakersfield Association of REALTORS® / GEMLS

APN: 5101-028-016

California Los Angeles County Los Angeles 90037 South Park

234 W 56th St, Los Angeles, CA

This home is located at 234 W 56th St, Los Angeles, CA 90037 since 31 August 2017 and is currently estimated at $1,000,000, approximately $317 per square foot. This property was built in 1964. 234 W 56th St is a home located in Los Angeles County with nearby schools including Estrella Elementary School, Los Angeles Academy Middle School, and Thomas Jefferson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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