NOT LISTED FOR SALE

2415 E 55th St Vernon, CA 90058

Estimated Value: $549,737 - $697,000

4 Beds
3 Baths
1,264 Sq Ft
$505/Sq Ft Est. Value

Last Sold June 25, 2013

Last sale price $245,000 $194 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,002/month

8 Days on Market

About This Home

As of June 2013

Records only shows 2 units but all three units possibly permitted. Buyer is advised to confirm. The total collections for the new lease of about 60 days is $3400 per month. This is an excellent deal. Some cosmetic repairs is needed.

Last Agent to Sell the Property

Carnell Rodgers

Carnell Rodgers License #01229751 Listed on: 05/23/2013

Last Buyer's Agent

Carnell Rodgers

Carnell Rodgers License #01229751 Listed on: 05/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,767

Year Built

  • Built in 1919

Lot Details

  • 6,839 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,264 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 4008
  • Tax Tract Number 75148
  • Assessor Parcel Number 6309004008

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $1,244
  • Insurance Expense $844
  • Trash Expense $28
  • Water Sewer Expense $380
  • New Taxes Expense $1,800
  • Gross Income $3,400
  • Net Operating Income $18,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,767

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 818-741-4022
  • Property Attached: No
  • Water Sewer Expenses: 380.00
  • Property Type: Residential Income
  • Parcel Number: 6309004008
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 193.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 28.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6839.00
  • Lot Size Acres: 0.1570

Multi Family

  • Electric Expense: 1244.00
  • Gross Income: 3400.00
  • Gross Scheduled Income: 39800.00
  • Insurance Expense: 844.00
  • Lot Size Area: 6839.0000 Square Feet
  • Net Operating Income: 18400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 22400.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1800.00
  • Tax Lot: 4008
  • Tax Tract Number: 75148
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2013
Closed on
Jun 10, 2013
Sold by
Lopez Concepcion
Bought by
Romo Roberto and Munoz Maria C
Seller's Agent
Carnell Rodgers
Carnell Rodgers
Buyer's Agent
Carnell Rodgers
Carnell Rodgers
List Price
$285,000
Sold Price
$245,000
Premium/Discount to List
-$40,000
-14.04%
Current Estimated Value
$643,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,094
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Suarez Benita
Bought by
Lopez Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2007
Sold by
Avitia Guillermo A
Bought by
Suarez Benita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1999
Sold by
Avitia Gloria
Bought by
Avitia Guillermo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 18, 1996
Sold by
Radosevic Alexander
Bought by
Avitia Guillermo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
8.23%

Purchase Details

Closed on
Dec 23, 1993
Sold by
Alloy Steel Foundry
Bought by
Radosevic Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Romo Roberto $255,000 Provident Title
Lopez Concepcion $200,000 Investors Title Company
Suarez Benita $480,000 Southland Title Company
Avitia Guillermo A -- Stewart Title
Avitia Guillermo A $99,000 --
Radosevic Alexander $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Concepcion $140,000
Previous Owner Suarez Benita $384,000
Previous Owner Avitia Guillermo A $160,000
Previous Owner Avitia Guillermo A $125,000
Previous Owner Avitia Guillermo A $98,000
Previous Owner Avitia Guillermo A $79,200
Previous Owner Radosevic Alexander $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2013 06/25/13 Sold $245,000 -14.0% $194 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $285,000 -- $225 / 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 $5,767 $326,547 $184,707 $141,840
2024 $5,767 $320,145 $181,086 $139,059
2023 $5,666 $313,869 $177,536 $136,333
2022 $5,437 $307,715 $174,055 $133,660
2021 $5,361 $301,683 $170,643 $131,040
2020 $5,374 $298,591 $168,894 $129,697
2019 $5,040 $292,737 $165,583 $127,154
2018 $4,867 $286,998 $162,337 $124,661
2016 $4,496 $265,257 $156,034 $109,223
2015 $4,419 $261,274 $153,691 $107,583
2014 $4,410 $256,157 $150,681 $105,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13011699

California Regional Multiple Listing Service (CRMLS)

APN: 6309-004-008