NOT LISTED FOR SALE

238 E 54th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $622,651 - $878,000

3 Beds
2 Baths
1,400 Sq Ft
$539/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $540,000 $386 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,451/month

45 Days on Market

Highlights

  • Two Primary Bedrooms
  • Mountain View
  • Wood Flooring
  • Gated Community
  • Property is near public transit
  • 4-minute walk to South Los Angeles Wetlands Park

About This Home

As of August 2016

Great duplex in Highland Park area, both units were completely remodeled a few years ago from top to bottom. Front unit has 2 bedroom 1 bathroom with a separate bonus room. Back unit is one bedroom one bathroom. Both units have tile in the kitchen floors, newer wood cabinets, granite counter tops, living room and bedrooms have laminated wood. Two car garage plus two parking spaces on driveway.

Last Agent to Sell the Property

Adrian Sillas

California Realty and Investments License #01196170 Listed on: 05/13/2016

Last Buyer's Agent

Samuel Buchanan

License #00885794

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 1933

Lot Details

  • 5,124 Sq Ft Lot
  • Property fronts a private road
  • No Common Walls
  • Fence is in excellent condition
  • Front Yard Sprinklers
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Double Door Entry
  • Mountain Views
  • Fire and Smoke Detector
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Heating System Uses Natural Gas
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 5468013052

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Gross Income $1
  • Net Operating Income $1

Additional Features

  • 2 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,206

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Gated Community, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5468013052
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Door Features: Double Door Entry
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 385.71
  • Room Type: Two Masters

Exterior Features

  • Foundation: FHA Approved
  • Exterior Features: Barbecue Private
  • View: Mountain(s)
  • Fencing: Excellent Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Sewer Paid
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Lawn, Sprinklers In Front, Near Public Transit
  • Lot Size Sq Ft: 5124.00
  • Price Per Lot Square Foot: 105.39

Multi Family

  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2015
Closed on
May 22, 2015
Sold by
Alarcon Rene and Martinez Ana
Bought by
Lopez Martin Salas
Seller's Agent
SANDRA SANSUR
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Patrick So
METRO REAL ESTATE
List Price
$200,000
Sold Price
$337,575
Premium/Discount to List
$137,575
68.79%
Current Estimated Value
$753,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,338
Avg. Annual Appreciation
8.68%
Original Mortgage
$253,180
Outstanding Balance
$195,322
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$600,537

Purchase Details

Listed on
Feb 25, 2015
Closed on
Apr 29, 2015
Sold by
Lopez Martin Salas and Salas Martin
Bought by
Seong Vin
Seller's Agent
SANDRA SANSUR
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Patrick So
METRO REAL ESTATE
List Price
$200,000
Sold Price
$337,575
Premium/Discount to List
$137,575
68.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,180
Outstanding Balance
$195,322
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$600,537

Purchase Details

Closed on
Mar 14, 2012
Sold by
Salas Martin and Monroy Rene A
Bought by
Salas Martin

Purchase Details

Closed on
Oct 27, 2011
Sold by
Salas Martin
Bought by
Salas Martin and Monroy Rene A

Purchase Details

Closed on
Oct 26, 2011
Sold by
Zepeda David and Zepeda Kenneth Gilbert
Bought by
Salas Martin

Purchase Details

Closed on
Apr 1, 2010
Sold by
Zepeda David and The James & Sandy Sullivan & S
Bought by
Zepeda David and The Kenneth & Fran Gilbert & A

Purchase Details

Closed on
Sep 24, 2009
Sold by
Rene Alarcon and Martinez Ana
Bought by
Zepeda David and The Luke & Lynn Hope & Mark Sa

Purchase Details

Closed on
May 2, 2007
Sold by
Lopez Martin Salas
Bought by
Lopez Martin Salas and Alarcon Rene

Purchase Details

Closed on
Oct 10, 2006
Sold by
Esperanza Alvaro Alejandro and Esperanza Alvaro
Bought by
Lopez Martin Salas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
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
Lopez Martin Salas -- Provident Title
Seong Vin $338,000 Provident Title
Salas Martin -- None Available
Salas Martin -- None Available
Salas Martin -- None Available
Zepeda David -- None Available
Zepeda David -- None Available
Lopez Martin Salas -- None Available
Lopez Martin Salas $530,000 Fidelity National Title Co
Lopez Martin Salas -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seong Vin $253,180
Previous Owner Lopez Martin Salas $106,000
Previous Owner Lopez Martin Salas $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $540,000 -10.0% $386 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $599,900 +77.7% $429 / Sq Ft
05/27/2015 05/27/15 Sold $337,575 +68.8% $155 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
11/20/2014 11/20/14 For Sale $200,000 -- $92 / 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 $5,206 $406,215 $192,291 $213,924
2024 $5,206 $398,251 $188,521 $209,730
2023 $5,111 $390,443 $184,825 $205,618
2022 $4,883 $382,788 $181,201 $201,587
2021 $4,815 $375,284 $177,649 $197,635
2020 $4,859 $371,437 $175,828 $195,609
2019 $4,677 $364,155 $172,381 $191,774
2018 $4,565 $357,015 $169,001 $188,014
2016 $4,349 $343,154 $162,440 $180,714
2015 $4,915 $390,616 $185,667 $204,949
2014 $4,949 $382,966 $182,031 $200,935
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Adrian Sillas

    California Realty and Investments

    (323) 258-6335

    17 Total Sales

    Adrian Sillas
    Section Image

  • S

    Buyer's Agent in 2016

    Samuel Buchanan

  • S

    Seller's Agent in 2015

    SANDRA SANSUR

    EXCELLENCE RE REAL ESTATE

    Section Image

  • P

    Buyer's Agent in 2015

    Patrick So

    METRO REAL ESTATE

    (626) 485-1572

    4 Total Sales

    Patrick So
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16104754

California Regional Multiple Listing Service (CRMLS)

APN: 5101-013-002

California Los Angeles County Los Angeles 90011 South Park

238 E 54th St, Los Angeles, CA

This home is located at 238 E 54th St, Los Angeles, CA 90011 since 13 May 2016 and is currently estimated at $753,913, approximately $538 per square foot. This property was built in 1933. 238 E 54th St is a home located in Los Angeles County with nearby schools including Main Street 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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