Seller's Agent in 2023
Robert Compean
Urban Street Ventures, Inc
(949) 241-9644
1 in this area
52 Total Sales
281 E 48th St Los Angeles, CA 90011
South Park Neighborhood
5
Beds
2
Baths
1,702
Sq Ft
5,179
Sq Ft Lot
About This Home
As of December 20232 Unit property perfect for Owner/Investor. Live in one and rent the other. 3Bd/2 Ba and 2 Bd/1 Ba. ***BANK APPROVED SHORT SALE*** Front unit will be delivered vacant.
Last Agent to Sell the Property
Elite Estates West License #01340797 Listed on: 04/08/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,506
Year Built
- Built in 1922
Lot Details
- 5,179 Sq Ft Lot
- 1 Common Wall
Parking
- 1 Car Garage
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 1,702 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 23
- Tax Tract Number 23
- Assessor Parcel Number 5109009022
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,068
- Trash Expense $750
- Water Sewer Expense $1,536
- New Taxes Expense $4,500
- Gross Income $1,200
- Net Operating Income $3,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2023
Closed on
Dec 14, 2023
Sold by
Martinez Luis Marina
Bought by
Hernandez Agustin
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Arturo Tavara
Keller Williams Realty Antelope Valley
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%
Views
70
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,017
Avg. Annual Appreciation
5.19%
Original Mortgage
$476,000
Outstanding Balance
$468,499
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$273,282
Purchase Details
Listed on
Oct 25, 2023
Closed on
Nov 20, 2023
Sold by
Bliss Holdings Llc
Bought by
Hernandez Agustin
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Arturo Tavara
Keller Williams Realty Antelope Valley
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%
Views
70
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Outstanding Balance
$468,499
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$273,282
Purchase Details
Closed on
Dec 24, 2015
Sold by
Urban Street Properties Inc
Bought by
Marigold Holdings Llc
Purchase Details
Listed on
Apr 8, 2015
Closed on
Jul 8, 2015
Sold by
Fernandez Martha L
Bought by
Urban Street Properties Inc
Seller's Agent
Fabian Salazar
Elite Estates West
Buyer's Agent
Fabian Salazar
Elite Estates West
List Price
$360,000
Sold Price
$303,000
Premium/Discount to List
-$57,000
-15.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$308,000
Interest Rate
3.98%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 6, 2002
Sold by
Placencia Patricia and Placencia Atanacio
Bought by
Fernandez Martha L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,645
Interest Rate
6.03%
Mortgage Type
FHA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | California Best Title | |
| Grant Deed | $680,000 | California Best Title | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $303,000 | Fidelity National Title | |
| Grant Deed | $198,000 | Fidelity |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,000 | New Conventional | |
| Previous Owner | $2,000,000 | Commercial | |
| Previous Owner | $2,937,000 | Commercial | |
| Previous Owner | $308,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $367,000 | Unknown | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $292,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $241,000 | Unknown | |
| Previous Owner | $194,645 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2023 12/20/23 | Sold | $680,000 | 0.0% | $400 / Sq Ft |
| 11/16/2023 11/16/23 | Pending | -- | -- | -- |
| 11/16/2023 11/16/23 | Price Changed | $680,000 | +0.7% | $400 / Sq Ft |
| 10/25/2023 10/25/23 | For Sale | $675,000 | 0.0% | $397 / Sq Ft |
| 09/11/2015 09/11/15 | Rented | $1,939 | -11.9% | -- |
| 08/10/2015 08/10/15 | For Rent | $2,200 | 0.0% | -- |
| 07/22/2015 07/22/15 | Sold | $303,000 | -15.8% | $178 / Sq Ft |
| 07/09/2015 07/09/15 | Pending | -- | -- | -- |
| 04/08/2015 04/08/15 | For Sale | $360,000 | -- | $212 / 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 | $8,506 | $693,600 | $520,200 | $173,400 |
| 2024 | $8,506 | $680,000 | $510,000 | $170,000 |
| 2023 | $5,433 | $423,894 | $312,344 | $111,550 |
| 2022 | $5,186 | $415,583 | $306,220 | $109,363 |
| 2021 | $5,118 | $407,435 | $300,216 | $107,219 |
| 2020 | $5,166 | $403,258 | $297,138 | $106,120 |
| 2019 | $4,969 | $395,352 | $291,312 | $104,040 |
| 2018 | $4,862 | $387,600 | $285,600 | $102,000 |
| 2016 | $3,808 | $303,000 | $93,000 | $210,000 |
| 2015 | $2,958 | $238,598 | $81,942 | $156,656 |
| 2014 | -- | $233,925 | $80,337 | $153,588 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Compean
-
Arturo Tavara
Buyer's Agent in 2023
Arturo Tavara
Keller Williams Realty Antelope Valley
(818) 380-5100
1 in this area
73 Total Sales
-
Fabian Salazar
F
Seller's Agent in 2015
Fabian Salazar
Elite Estates West
(818) 703-9337
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW15074926
APN: 5109-009-022
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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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