NOT LISTED FOR SALE

Estimated Value: $636,000 - $946,000

6 Beds
3 Baths
1,752 Sq Ft
$459/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $438,000 $250 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,788/month

51 Days on Market

Highlights

  • Granite Countertops
  • Wall Furnace
  • 4-minute walk to South Los Angeles Wetlands Park

About This Home

As of May 2016

This home is located at 319 E 57th St, Los Angeles, CA 90011 since 16 December 2015 and is currently estimated at $804,410, approximately $459 per square foot. This property was built in 1919. 319 E 57th St is a home located in Los Angeles County with nearby schools including Estrella Elementary School, Los Angeles Academy Middle School, and Nava College Preparatory Academy.

Last Agent to Sell the Property

Linh Tran

Meridox Real Estate License #01520128 Listed on: 12/16/2015

Last Buyer's Agent

Rosalia Roldan

Excellence Empire Real Estate License #01266400

Excellence Empire Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,423

Year Built

  • Built in 1919

Lot Details

  • 5,099 Sq Ft Lot
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,752 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Granite Countertops
  • Corian Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2294
  • Assessor Parcel Number 5101009015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $480
  • Insurance Expense $1,100
  • Maintenance Expense $2,034
  • Professional Management Expense $2,400
  • Trash Expense $160
  • Water Sewer Expense $500
  • New Taxes Expense $5,852
  • Gross Income $28,800
  • Net Operating Income $14,854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,423

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5101009015
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Corian Counters, Granite Counters
  • Common Walls: 1 Common Wall, No One Below
  • Flooring: Laminate
  • Appliances: Yes
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Trash Expense: 160.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5099.00
  • Price Per Lot Square Foot: 85.90
  • Lot Size Acres: 0.1170

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5099.0000 Square Feet
  • Maintenance Expense: 2034.00
  • Net Operating Income: 14854.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13082.00
  • Rent Control: Yes
  • Vacancy Allowance: 864

Tax Info

  • New Taxes Expense: 5852.00
  • Tax Lot: 15
  • Tax Tract Number: 2294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Mar 31, 2016
Sold by
Riley Rachel
Bought by
Cruz Jose Manuel and Cruz Maricela
Seller's Agent
Linh Tran
Meridox Real Estate
Buyer's Agent
Rosalia Roldan
Excellence Empire Real Estate
List Price
$468,000
Sold Price
$438,000
Premium/Discount to List
-$30,000
-6.41%
Current Estimated Value
$804,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,410
Avg. Annual Appreciation
6.63%
Original Mortgage
$421,229
Outstanding Balance
$343,354
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$461,056

Purchase Details

Listed on
Apr 8, 2013
Closed on
Apr 22, 2013
Sold by
Otanez Omar
Bought by
Riley Rachel
Seller's Agent
Pedro Flores Casas
Rodeo Realty Inc.
Buyer's Agent
Kris Mathison
K&M Realty
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.03%
Original Mortgage
$441,849
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2011
Sold by
Inertia Properties Llc
Bought by
57Th Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2011
Sold by
Pietruszka Gary
Bought by
Otanez Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2010
Sold by
Inertia Properties Llc
Bought by
57Th Street Investments Llc

Purchase Details

Closed on
Jan 4, 2010
Sold by
Inertia Properties Llc
Bought by
Renteria Maria E

Purchase Details

Closed on
Dec 22, 2009
Sold by
Inertia Properties Llc
Bought by
Shrosbree Anna

Purchase Details

Closed on
Nov 12, 2009
Sold by
Inertia Property Llc
Bought by
Rodriguez Arturo

Purchase Details

Closed on
Oct 16, 2008
Sold by
Countrywide Home Loans Servicing Lp
Bought by
Inertia Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2008
Sold by
Fleming Virginia Nwanyife
Bought by
Countrywide Home Loans Servicing Lp and Greenwich Capital Financial Products Inc

Purchase Details

Closed on
May 25, 2007
Sold by
Fleming Virginia Nwanyife
Bought by
Countrywide Home Loans Servicing Lp and Greenwich Capital Financial Products Inc

Purchase Details

Closed on
Nov 16, 2005
Sold by
Fleming Virginia Nwanvife
Bought by
Fleming Virginia Nwanyife

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Krug Judith A
Bought by
Fleming Virginia Nwanyife

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
9.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2004
Sold by
Tinson Mamusu G
Bought by
Fleming Virginia Nwanyife and Krug Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Tinson David and David & Mary Tinson Family Tru
Bought by
Tinson Mamusu G

Purchase Details

Closed on
Jun 3, 2004
Sold by
Fleming Larry Oneal
Bought by
Fleming Virginia Nwanyife

Purchase Details

Closed on
Jan 2, 2004
Sold by
Tinson David
Bought by
Tinson Mamusu G

Purchase Details

Closed on
Nov 9, 1996
Sold by
Tinson David
Bought by
Tinson David and Tinson Mary Lois
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
Cruz Jose Manuel $438,000 First American Title Company
Riley Rachel $457,500 Western Resources Title Co
57Th Street Investments Llc $375,325 None Available
Otanez Omar $350,000 Orange Coast Title Company O
57Th Street Investments Llc $375,325 Stewart Title
Renteria Maria E -- None Available
Shrosbree Anna -- None Available
Rodriguez Arturo -- None Available
Inertia Property Llc $327,000 Landsafe Title
Countrywide Home Loans Servicing Lp $470,141 Landsafe Title
Countrywide Home Loans Servicing Lp $441,159 Landsafe Title
Fleming Virginia Nwanyife -- First American Title Company
Fleming Virginia Nwanyife -- First American Title Company
Fleming Virginia Nwanyife $270,000 Stewart Title
Tinson Mamusu G -- Stewart Title
Fleming Virginia Nwanyife -- Stewart Title
Tinson Mamusu G -- --
Tinson David -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Jose Manuel $421,229
Previous Owner Riley Rachel $441,849
Previous Owner Otanez Omar $310,000
Previous Owner Inertia Property Llc $360,000
Previous Owner Fleming Virginia Nwanyife $400,000
Previous Owner Fleming Virginia Nwanyife $423,000
Previous Owner Fleming Virginia Nwanyife $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2016 05/03/16 Sold $438,000 -6.4% $250 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $468,000 +0.6% $267 / Sq Ft
06/07/2013 06/07/13 Sold $465,000 0.0% $265 / Sq Ft View Prior Sale
04/26/2013 04/26/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $465,000 -- $265 / 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 $6,423 $518,494 $331,459 $187,035
2024 $6,423 $508,328 $324,960 $183,368
2023 $6,301 $498,362 $318,589 $179,773
2022 $6,015 $488,592 $312,343 $176,249
2021 $5,936 $479,013 $306,219 $172,794
2020 $5,991 $474,103 $303,080 $171,023
2019 $5,762 $464,808 $297,138 $167,670
2018 $5,661 $455,695 $291,312 $164,383
2017 $5,538 $446,760 $285,600 $161,160
2016 $5,937 $475,906 $260,058 $215,848
2015 $5,853 $468,758 $256,152 $212,606
2014 $5,895 $459,577 $251,135 $208,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15263176

California Regional Multiple Listing Service (CRMLS)

APN: 5101-009-015