NOT LISTED FOR SALE

429 E 49th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $1,078,000 - $1,084,806

8 Beds
5 Baths
3,136 Sq Ft
$345/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2015

Last sale price $626,000 $200 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,707 / mo

29 Days on Market

Highlights

  • Gated Parking
  • Side by Side Parking
  • 4-minute walk to South Park Recreation Center

About This Home

As of October 2015

7.87 CAP RATE FOR SALE!!! We are pleased to offer this five (5) unit + one (1) non-conforming unit multifamily investment offering, located in the City of Los Angeles (subject to rent stabilization ordinance). There are two (2) separate structures on the 7,161 square foot lot with a duplex in the front and a triplex located in the rear. The unit mix consists of three (3) 1+1 units, one (1) 2+1 units, and one (1) 3+1 units. The subject property was constructed of wood frame stucco in 1904, and consists of approximately 3,136 rentable square feet. Recent building upgrades include newer windows throughout and building amenities include a wrought iron secured entry and gate, five (5) on-site parking spaces, and the property is separately metered for gas & electricity.

Last Agent to Sell the Property

Ian Hollinger

BRC Advisors- BH License #01889125 Listed on: 08/24/2015

BRC Advisors- BH

Last Buyer's Agent

Mikhail Siretskiy

Big Block Realty, Inc. License #01937519

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 7,161

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Side by Side Parking
  • Gated Parking
  • Uncovered Parking
  • Assigned Parking

Additional Features

  • 7,161 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5109-021-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

7,161 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3136
  • Probate: No
  • Stories: 2
  • Year Built: 1904
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 199.30

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned, Gated, Side By Side, Uncovered
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5109-021-025
  • Geocode Override: No
  • Lot Size Area: 7161

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 9.22
  • Number Of Units: 5
  • Type Of Units: Income

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2018
Sold by
Bought by
Current Estimated Value
$1,081,403

Purchase Details

Closed on
Jun 22, 2018
Sold by
Bought by

Purchase Details

Closed on
May 11, 2018
Sold by
Bought by

Purchase Details

Listed on
Aug 24, 2015
Closed on
Oct 9, 2015
Sold by
Bought by
Seller's Agent
Ian Hollinger
BRC Advisors- BH
Buyer's Agent
Mikhail Siretskiy
Big Block Realty, Inc.
List Price
$625,000
Sold Price
$626,000
Premium/Discount to List
$1,000
0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$469,500
Interest Rate
0.0385%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 18, 2012
Closed on
Oct 30, 2012
Sold by
Bought by
Seller's Agent
Marie Fimbres
REO Modern Realty Corp
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$369,900
Sold Price
$337,100
Premium/Discount to List
-$32,800
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.09%
Original Mortgage
$236,000
Interest Rate
0.0343%
Mortgage Type
Commercial

Purchase Details

Closed on
May 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
0.0651%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
0.0762%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,699
Interest Rate
0.0685%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,225
Interest Rate
0.0686%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0705%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
0.0717%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1996
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Ticor Title Company Of Calif
-- Western Resources Title
-- Western Resources Title
$626,000 Ticor Title Co
$337,500 Lawyers Title Insurance Corp
-- None Available
$567,516 Landsafe Default Inc
-- None Available
-- North American Title Co
$620,000 North American Title Co
-- Security Union Title
-- Southland Title
$309,000 Southland Title
$158,500 Stewart Title
-- Stewart Title
$250,198 --
-- Stewart Title
-- --
$240,000 Commonwealth Title
-- Benefit Land Title Company
$110,000 Benefit Land Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $469,500
Previous Owner $324,000
Previous Owner $236,000
Previous Owner $62,000
Previous Owner $496,000
Previous Owner $357,700
Previous Owner $333,699
Previous Owner $304,225
Previous Owner $150,000
Previous Owner $135,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2015 10/22/15 Sold $626,000 +0.2% $200 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $625,000 0.0% $199 / Sq Ft
01/01/2014 01/01/14 Rented $600 0.0% --
12/21/2013 12/21/13 Under Contract -- -- --
08/13/2013 08/13/13 For Rent $600 0.0% --
10/31/2012 10/31/12 Sold $337,100 -8.9% $107 / Sq Ft View Prior Sale
09/27/2012 09/27/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $369,900 -- $118 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,989 $758,548 $446,205 $312,343
2024 $9,868 $743,675 $437,456 $306,219
2023 $9,691 $729,094 $428,879 $300,215
2022 $8,926 $714,799 $420,470 $294,329
2021 $8,807 $700,784 $412,226 $288,558
2019 $8,368 $664,315 $403,259 $261,056
2018 $8,220 $651,290 $395,352 $255,938
2017 $8,044 $638,520 $387,600 $250,920
2016 $7,840 $626,000 $380,000 $246,000
2015 $4,502 $345,805 $206,971 $138,834
2014 $4,549 $339,032 $202,917 $136,115
Source: Public Records

Agents Affiliated with this Home

  • Ian Hollinger

    Seller's Agent in 2015

    Ian Hollinger

    BRC Advisors- BH

    (213) 226-8700

    14 Total Sales

    Ian Hollinger
    Section Image

  • M

    Buyer's Agent in 2015

    Mikhail Siretskiy

    Big Block Realty, Inc.

    Section Image

  • J

    Seller's Agent in 2014

    Joe Molina

    BERKSHIRE HATHAWAY R.E.

    Section Image

  • M

    Seller's Agent in 2012

    Marie Fimbres

    REO Modern Realty Corp

    Section Image

  • G

    Buyer's Agent in 2012

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: The MLS

MLS Number: 15-935443

The MLS

APN: 5109-021-025

California Los Angeles County Los Angeles 90011 South Park

429 E 49th St, Los Angeles, CA

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The MLS © 2026 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.
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