NOT LISTED FOR SALE

2538 E 57th St Huntington Park, CA 90255

Estimated Value: $497,000 - $601,000

1 Bed
1 Bath
984 Sq Ft
$577/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $315,000 $320 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,518/month

12 Days on Market

Highlights

  • No HOA
  • Linda Esperanza Marquez High School Rated A-
  • Wall Furnace

About This Home

As of July 2019

Investment Opportunity. Turn this single family home with the home selling adjacent to it into a multi use (units, commercial); combine land is approximately 9,800 sq.ft. lot. This area is hustling and is being revived! Walking distance to shops and Pacific Avenue. This is perfect for investment opportunity to serve the locales, and serving the working class resident of Southeast LA. Literally less than 500 feet from Pacific Avenue where there are eateries, shops and close to downtown. Where can you get properties at this price? Seller prefers to sell the both properties to one buyer for their enjoyment.

Last Agent to Sell the Property

Susan Jung

Realty ONE Group United License #01984588 Listed on: 04/14/2019

Realty ONE Group United

Last Buyer's Agent

Edwin Wen

RE/MAX 2000 REALTY License #01885711

RE/MAX 2000 REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1928

Lot Details

  • 4,875 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Home Design

  • 984 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 594

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,357

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 984.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 320.12
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4875.00
  • Lot Size Acres: 0.1119

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4875.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2019
Closed on
Jun 21, 2019
Sold by
Sherwood Bert J and Sherwood Joan Iris
Bought by
1710 E 63Rd Llc
Seller's Agent
Susan Jung
Realty ONE Group United
Buyer's Agent
Edwin Wen
RE/MAX 2000 REALTY
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Current Estimated Value
$568,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,182
Avg. Annual Appreciation
8.63%
Original Mortgage
$236,250
Outstanding Balance
$207,419
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$315,935
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
1710 E 63Rd Llc $315,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1710 E 63Rd Llc $236,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $315,000 -4.5% $320 / Sq Ft
04/14/2019 04/14/19 For Sale $330,000 -- $335 / 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 $5,357 $344,493 $159,998 $184,495
2024 $5,357 $337,739 $156,861 $180,878
2023 $5,261 $331,118 $153,786 $177,332
2022 $5,032 $324,626 $150,771 $173,855
2021 $4,965 $318,262 $147,815 $170,447
2020 $4,986 $315,000 $146,300 $168,700
2019 $962 $26,034 $21,097 $4,937
2018 $837 $25,525 $20,684 $4,841
2016 $784 $24,536 $19,882 $4,654
2015 $770 $24,169 $19,584 $4,585
2014 $772 $23,697 $19,201 $4,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19084749

California Regional Multiple Listing Service (CRMLS)

APN: 6309-015-022