NOT LISTED FOR SALE

3048 West Blvd Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $1,102,000 - $1,514,000

6 Beds
4 Baths
1,952 Sq Ft
$699/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $809,000 $414 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,340/month

26 Days on Market

About This Home

As of August 2016

Wonderful mid-city investment opportunity. Low tenant turnover and low maintenance and operating costs combine to make this a rock solid investment. Property contains 3 separated, well maintained units. Recent updates include a repainted exterior as well as a refinished outside area.

Last Agent to Sell the Property

Dustin Cumming

Hilton & Hyland License #01892978 Listed on: 06/09/2016

Co-Listed By

Christopher Cumming

Hilton & Hyland License #01988642

Last Buyer's Agent

Clara Yang

Sotheby's International Realty License #01201082

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,517

Year Built

  • Built in 1929

Lot Details

  • 7,774 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 1,952 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5050-026-055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,517

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1952
  • Year Built: 1929
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 384.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan

Lot Info

  • Assessed Improvement Value: 168296
  • Assessed Land Value: 305994
  • Assessor Parcel Number: 5050-026-055
  • Geocode Override: No
  • Lot Size Area: 7774

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.81
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 10799
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Lee Jim Sung
Bought by
Lee Jim Sung and Lee Susan Choi
Current Estimated Value
$1,364,905

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 9, 2016
Sold by
Brenenstahl Jason and Brenenstahl April
Bought by
Lee Jim Sung
Seller's Agent
Dustin Cumming
Hilton & Hyland
Buyer's Agent
Clara Yang
Sotheby's International Realty
List Price
$749,999
Sold Price
$809,000
Premium/Discount to List
$59,001
7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Dec 14, 2012
Closed on
Mar 18, 2013
Sold by
Ah Capital Llc
Bought by
Brenenstahl Jason and Brenenstahl April
Seller's Agent
Minerva Moreno
United Brokers Realty
Buyer's Agent
Julian Alcala
Century 21 Allstars
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%
Original Mortgage
$348,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2011
Sold by
Aurora Loan Services Llc
Bought by
Ah Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$751,000
Interest Rate
3.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 6, 2010
Sold by
Jones Ackerson Priscilla
Bought by
Famil Jones Ackerson Priscilla and Famil Priscilla Jones Ackerson

Purchase Details

Closed on
Oct 16, 2009
Sold by
Moten Deirdra
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 31, 2008
Sold by
The 3048 West Blvd Trust
Bought by
The Pacifica Group 49

Purchase Details

Closed on
Jan 25, 2007
Sold by
Ackerson Priscilla
Bought by
Moten Deirdra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
7.5%
Mortgage Type
Unknown
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
Lee Jim Sung -- None Available
Lee Jim Sung $809,000 Fidelity National Title Co
Brenenstahl Jason $465,000 Old Republic Title Company
Ah Capital Llc $195,000 First American Title Ins Co
Famil Jones Ackerson Priscilla -- None Available
Aurora Loan Services Llc $639,118 Accommodation
The Pacifica Group 49 -- None Available
The 3048 West Blvd Trust -- None Available
Moten Deirdra $550,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jim Sung $640,000
Previous Owner Brenenstahl Jason $348,750
Previous Owner Ah Capital Llc $751,000
Previous Owner Moten Deirdra $530,000
Previous Owner Moten Deirdra $82,000
Previous Owner Moten Deirdra $522,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $809,000 +7.9% $414 / Sq Ft
06/09/2016 06/09/16 For Sale $749,999 +61.3% $384 / Sq Ft
07/26/2013 07/26/13 Sold $465,000 +5.7% $178 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $439,900 +3.5% $168 / Sq Ft
01/20/2013 01/20/13 Sold $425,000 0.0% $163 / Sq Ft
12/20/2012 12/20/12 Pending -- -- --
12/14/2012 12/14/12 For Sale $425,000 -- $163 / Sq Ft
Source: The MLS

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 $11,517 $938,908 $661,531 $277,377
2024 $11,517 $920,499 $648,560 $271,939
2023 $11,302 $902,451 $635,844 $266,607
2022 $10,788 $884,757 $623,377 $261,380
2021 $10,647 $867,409 $611,154 $256,255
2020 $10,753 $858,516 $604,888 $253,628
2019 $10,334 $841,683 $593,028 $248,655
2018 $10,231 $825,180 $581,400 $243,780
2016 $6,062 $481,522 $310,660 $170,862
2015 $5,976 $474,290 $305,994 $168,296
2014 $6,015 $465,000 $300,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dustin Cumming

    Hilton & Hyland

    Section Image

  • C

    Seller Co-Listing Agent in 2016

    Christopher Cumming

    Hilton & Hyland

  • Clara Yang

    Buyer's Agent in 2016

    Clara Yang

    Sotheby's International Realty

    (310) 259-1525

    13 Total Sales

    Clara Yang
    Section Image

  • M

    Seller's Agent in 2013

    Minerva Moreno

    United Brokers Realty

    Section Image

  • P

    Buyer's Agent in 2013

    Porfirio Chaidez

    UNITED BROKERS REALTY

    (562) 556-5620

    24 Total Sales

    Porfirio Chaidez
    Section Image

  • J

    Buyer's Agent in 2013

    Julian Alcala

    Century 21 Allstars

    Section Image
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Map

Source: The MLS

MLS Number: 16-132638

The MLS

APN: 5050-026-055

California Los Angeles County Los Angeles 90016 West Adams

3048 West Blvd, Los Angeles, CA

This home is located at 3048 West Blvd, Los Angeles, CA 90016 since 09 June 2016 and is currently estimated at $1,364,905, approximately $699 per square foot. This property was built in 1929. 3048 West Blvd is a home located in Los Angeles County with nearby schools including Virginia Road Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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