NOT LISTED FOR SALE

418 E 49th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $572,804 - $1,032,000

8 Beds
5 Baths
3,500 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $500,000 $143 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,246/month

125 Days on Market

About This Home

As of October 2014

New roof in the front units, New stairs in back units. Listing agent is part owner of this property.

Last Agent to Sell the Property

Jesse Rojas

NON-MEMBER/NBA or BTERM OFFICE License #01076623 Listed on: 06/13/2014

Last Buyer's Agent

Jesse Rojas

NON-MEMBER/NBA or BTERM OFFICE License #01076623 Listed on: 06/13/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,828

Year Built

  • Built in 1960

Lot Details

  • 6,350 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 6 Parking Spaces

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 24
  • Tax Tract Number 5109
  • Assessor Parcel Number 5109021014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $5,000
  • New Taxes Expense $3,800
  • Net Operating Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,828

Year Built

Built in 1960

Lot Details

0

Listing Details

  • CapRate: 7.38
  • Property Attached: No
  • Water Sewer Expenses: 5000.00
  • Property Type: Residential Income
  • Parcel Number: 5109021014
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 142.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6350.00
  • Lot Size Acres: 0.1460

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Multiplier: 9.80
  • Gross Scheduled Income: 57180.00
  • Insurance Expense: 700.00
  • Lot Size Area: 6350.0000 Square Feet
  • Net Operating Income: 36900.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 9900.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3800.00
  • Tax Lot: 24
  • Tax Tract Number: 5109
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2021
Sold by
Yoo Hyun Jung
Bought by
Chon Albert Lee
Current Estimated Value
$834,201

Purchase Details

Closed on
Aug 10, 2021
Sold by
Yoo Carlos
Bought by
Leechon Albert

Purchase Details

Closed on
Jun 1, 2016
Sold by
Yoo Carlos and Yoo Seung Bin
Bought by
Yoo Carlos

Purchase Details

Listed on
Jun 13, 2014
Closed on
Oct 16, 2014
Sold by
Rojas Jesse U and Jesse U Rojas Family Trust
Bought by
Yoo Carlos and Yoo Seung Bin
Seller's Agent
Jesse Rojas
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Jesse Rojas
NON-MEMBER/NBA or BTERM OFFICE
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$366,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Rojas Jesse U
Bought by
Rojas Jesse U and Jesse U Rojas Family Trust

Purchase Details

Closed on
Apr 6, 1999
Sold by
Guido John
Bought by
Rojas Jesse U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
6.98%
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
Chon Albert Lee -- Pacific Coast Title Company
Leechon Albert $500,000 Pacific Coast Title Company
Yoo Carlos -- None Available
Yoo Carlos $489,000 Orange Coast Title
Yoo Seung Bin -- Orange Coast Title
Rojas Jesse U -- None Available
Rojas Jesse U $175,500 Fidelity Title
Guido John -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoo Carlos $366,750
Previous Owner Rojas Jesse U $219,000
Previous Owner Rojas Jesse U $206,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $500,000 0.0% $143 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $500,000 -- $143 / 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 $9,828 $785,293 $424,483 $360,810
2024 $9,828 $769,896 $416,160 $353,736
2023 $9,645 $754,800 $408,000 $346,800
2022 $9,209 $740,000 $400,000 $340,000
2021 $7,654 $603,852 $288,134 $315,718
2020 $7,725 $597,661 $285,180 $312,481
2019 $7,433 $585,943 $279,589 $306,354
2018 $7,297 $574,455 $274,107 $300,348
2016 $6,287 $496,456 $213,202 $283,254
2015 $6,199 $489,000 $210,000 $279,000
2014 $3,751 $274,948 $159,855 $115,093
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jesse Rojas

    NON-MEMBER/NBA or BTERM OFFICE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14124539

California Regional Multiple Listing Service (CRMLS)

APN: 5109-021-014

California Los Angeles County Los Angeles 90011 South Park

418 E 49th St, Los Angeles, CA

This home is located at 418 E 49th St, Los Angeles, CA 90011 since 13 June 2014 and is currently estimated at $834,201, approximately $238 per square foot. This property was built in 1960. 418 E 49th St is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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