NOT LISTED FOR SALE

448 E 40th Place Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $544,000 - $792,000

3 Beds
3 Baths
2,232 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $235,000 $105 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $4,064/month

69 Days on Market

Highlights

  • Views of Trees
  • Traditional Architecture
  • 1-Story Property

About This Home

As of May 2014

AGENTS PLEASE READ PRIVATE REMARKS! Suited for seasoned investors! Property Profile says property is a townhouse however there is no HOA or fees. PLEASE DISCLOSE! Occupied and will be delivered occupied to the new purchaser. Do not disturb tenants several different individuals (tenants) live in this house PLEASE DISCLOSE. We can not show the house. Agent has no knowledge of the rent rolls. Buyer to investigate, verify and rely on their own findings including but not limited to permits Etc.... Drive By Only CASH OFFERS ONLY NO CONTINGENCIES OF ANY KIND will be accepted by the seller. All offers must be presented with copy 3% deposit check, and POF. Seller will not file for form 9A or any city report, Buyer responsibility after COE. Listing agent has not seen the inside of the property and can not verify the accuracy of the information including but not limited to the number of bedrooms and bathrooms. E-mail offers no Fax. Thank you

Last Agent to Sell the Property

Guity Parsi

Parsi Group Realtors, Inc. License #01138094 Listed on: 03/05/2014

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 7,877 Sq Ft Lot
  • Property is zoned LARD2

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,232 Sq Ft Home
  • 1-Story Property
  • Views of Trees

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5113-003-020

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

7,877 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2232
  • Stories: 1
  • Year Built: 1984
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 118.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Lot Info

  • Assessor Parcel Number: 5113-003-020
  • Geocode Override: No
  • Lot Size Area: 7877

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
May 13, 2014
Sold by
Us Bank National Association
Bought by
Youssefzadeh Zohren and Ashori Benham
Seller's Agent
Guity Parsi
Parsi Group Realtors, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$309,900
Sold Price
$235,000
Premium/Discount to List
-$74,900
-24.17%
Current Estimated Value
$703,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,456
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Aug 6, 2013
Sold by
Vanjess
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 1, 2005
Sold by
Rodriguez Fredys F
Bought by
Vanjess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 2, 2004
Sold by
Guzman Juan
Bought by
Rodriguez Fredys F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1999
Sold by
Community Revitalization Group
Bought by
Rodriguez Fredys F and Guzman Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,781
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1999
Sold by
Hud
Bought by
Community Revitalization Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,100
Interest Rate
7.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Sep 30, 1997
Sold by
Gonzalez Alfonso
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 30, 1997
Sold by
Salazar Americo
Bought by
Pacific National Properties Inc

Purchase Details

Closed on
Sep 27, 1995
Sold by
Gonzalez Alfonso
Bought by
Salazar Americo and Salazar Lidia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Youssefzadeh Zohren $235,000 Lsi Title Company Inc
U S Bank National Association $295,681 Accommodation
Vanjess $405,000 Fidelity Van Nuys
Rodriguez Fredys F -- Fidelity Long Beach
Rodriguez Fredys F $149,000 Southland Title
Community Revitalization Group $113,000 Provident Title Company
Hud -- --
Norwest Mtg Inc $127,876 First American Title Ins Co
Pacific National Properties Inc -- --
Salazar Americo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanjess $390,000
Previous Owner Rodriguez Fredys F $200,000
Previous Owner Rodriguez Fredys F $147,781
Previous Owner Community Revitalization Group $92,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $235,000 -11.3% $105 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/21/2014 04/21/14 Price Changed $264,900 -7.0% $119 / Sq Ft
03/27/2014 03/27/14 Price Changed $284,900 -8.1% $128 / Sq Ft
03/05/2014 03/05/14 For Sale $309,900 -- $139 / Sq Ft
Source: The MLS

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 $4,370 $337,101 $214,520 $122,581
2024 $4,370 $330,492 $210,314 $120,178
2023 $4,291 $324,013 $206,191 $117,822
2022 $4,101 $317,661 $202,149 $115,512
2021 $4,041 $311,434 $198,186 $113,248
2019 $3,926 $302,198 $192,308 $109,890
2018 $3,825 $296,274 $188,538 $107,736
2016 $3,638 $284,771 $181,218 $103,553
2015 $3,588 $280,494 $178,496 $101,998
2014 $4,208 $324,300 $168,000 $156,300
Source: Public Records

Agents Affiliated with this Home

  • Guity Parsi

    Seller's Agent in 2014

    Guity Parsi

    Parsi Group Realtors, Inc.

    (310) 535-0663

    4 Total Sales

    Guity Parsi
    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 14-741855

The MLS

APN: 5113-003-020

California Los Angeles County Los Angeles 90011 Historic South Central

448 E 40th Place, Los Angeles, CA

Not Listed for Sale

Detached

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