NOT LISTED FOR SALE

323 W 56th St Los Angeles, CA 90037

South Park Neighborhood

Estimated Value: $681,000 - $955,000

5 Beds
3 Baths
1,872 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $650,000 $347 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,143/month

2 Days on Market

About This Home

As of July 2019

VACANT!!!!!!!!!!! DUPLEX, Good News everyone here we have 2 separate houses BOTH VACANT!!!!!!!! located in a very nice neighborhood, located in the heart of Los Angeles!! This is a great opportunity for a savvy investor to collect TWO rental income checks or to live in one house and rent the other DETACHED back house!! The front house features a 3 BR/ 2 BA home with tons of character! New paint inside and out, new quartz kitchen counter tops, all new flooring and new stainless steel appliances refrigerator+ stove both house, this home is ready to move in NOW! The second house 2 more bedrooms, and a full bathroom +den and a gorgeous kitchen!! Other features include washer and dryer hook up, vinyl windows ,new doors, copper plumbing and so much more, and a detached car garage! Close to all the buzz: coming Rams/Chargers NFL stadium, USC Village, transit lines, freeways, Exposition Park, DTLA, Banc of California Stadium and more.This opportunity will not last. Come and see today!

Last Agent to Sell the Property

John Vartabedian

Bishop Realty License #00514652 Listed on: 06/05/2019

Last Buyer's Agent

George Cardenas

Elevate Real Estate Agency License #01937063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,430

Year Built

  • Built in 1908

Lot Details

  • 5,391

Parking

  • 5 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,391 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5101-037-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,430

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1872
  • Stories: 1
  • Year Built: 1908
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 346.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Heating: Natural Gas

Lot Info

  • Assessed Improvement Value: 15815
  • Assessed Land Value: 13069
  • Assessor Parcel Number: 5101-037-007
  • Geocode Override: No
  • Lot Size Area: 5391

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Rubio Moran Lila E
Bought by
Rubio Julia Del Carmen
Current Estimated Value
$814,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Outstanding Balance
$479,025
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$333,416

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jun 27, 2019
Sold by
Kelso Llc
Bought by
Rubio Julia Del Carmen and Moran Lila E Rubio
Seller's Agent
John Vartabedian
Bishop Realty
Buyer's Agent
George Cardenas
Elevate Real Estate Agency
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$487,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Moriah Acquisitions Inc
Bought by
Kelso Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,641
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 22, 2019
Sold by
Halleck Margaret L and Halleck Samuel A
Bought by
Moriah Acquisitions Inc and Kelso Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,641
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
May 27, 1994
Sold by
Givens James
Bought by
Salazar Genaro and Salazar Alma

Purchase Details

Closed on
Jun 11, 1991
Sold by
Halleck Samuel A and Halleck Margaret L
Bought by
Halleck Samuel A and Halleck Margaret L
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
Rubio Julia Del Carmen -- Pacific Coast Title
Rubio Julia Del Carmen $650,000 Provident Title
Kelso Llc -- Provident Title
Moriah Acquisitions Inc $305,000 Lawyers Title Company
Salazar Genaro $42,500 Western Cities Title
Halleck Samuel A -- --
Halleck Samuel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubio Julia Del Carmen $499,000
Previous Owner Rubio Julia Del Carmen $487,500
Previous Owner Moriah Acquisitions Inc $283,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $650,000 +0.2% $347 / Sq Ft
06/05/2019 06/05/19 For Sale $649,000 -- $347 / 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 $8,430 $687,319 $441,082 $246,237
2024 $8,430 $673,843 $432,434 $241,409
2023 $8,270 $660,631 $423,955 $236,676
2022 $8,147 $669,868 $360,698 $309,170
2021 $8,046 $656,734 $353,626 $303,108
2020 $8,125 $650,000 $350,000 $300,000
2019 $668 $30,049 $13,596 $16,453
2018 $567 $29,461 $13,330 $16,131
2016 $526 $28,318 $12,813 $15,505
2015 $521 $27,894 $12,621 $15,273
2014 $538 $27,348 $12,374 $14,974
Source: Public Records

Agents Affiliated with this Home

  • George Cardenas

    Buyer's Agent in 2019

    George Cardenas

    Elevate Real Estate Agency

    (562) 413-4431

    1 in this area

    97 Total Sales

    George Cardenas
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Map

Source: The MLS

MLS Number: 19-471408

The MLS

APN: 5101-037-007

California Los Angeles County Los Angeles 90037 South Park

323 W 56th St, Los Angeles, CA

This home is located at 323 W 56th St, Los Angeles, CA 90037 since 05 June 2019 and is currently estimated at $814,966, approximately $435 per square foot. This property was built in 1908. 323 W 56th St is a home located in Los Angeles County with nearby schools including Estrella Elementary School, Los Angeles Academy Middle School, and Thomas Jefferson Senior High School.

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