NOT LISTED FOR SALE

470 E Vernon Ave Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $643,000 - $921,000

6 Beds
2 Baths
1,776 Sq Ft
$430/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2017

Last sale price $370,000 $208 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,676 / mo

18 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Chain Link Fence
  • No HOA
  • Laundry Facilities
  • Level Lot

About This Home

As of January 2017

Excellent investment, excellent location convenient to all transportation, USC and Colliseum. Two houses on one lot. Live in one unit, rent the other to help with house payment. Plenty of parking on property, rear alley access/entrance and ample parking for both units on concrete driveway and concrete area between both units. Commercial/Residential Zoning, Rebuild Letter on file, issued by City of Los Angeles. Seller to cooperate with Pre-Sale Inspection - City of Los Angeles. Agents read remarks listed below. IMPORTANT INFORMATION...PLEASE READ.

Last Agent to Sell the Property

ADRIENNE LASCANO

HOMESMART, EVERGREEN REALTY License #01237351 Listed on: 11/02/2016

HOMESMART, EVERGREEN REALTY

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,735 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Chain Link Fence
  • Level Lot

Home Design

  • 1,776 Sq Ft Home
  • Property Attached
  • Fixer Upper
  • Rolled or Hot Mop Roof

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • Parking Available
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Source of electricity is unknown
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 2363
  • Assessor Parcel Number 5109014001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $75
  • Water Sewer Expense $200
  • New Taxes Expense $1
  • Operating Expense $1,775

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

7,735 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 200.00
  • Zoning: LAC2
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5109014001
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 208.33
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Laundry: Yes
  • Electric: Electricity - Unknown
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 75.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7735.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Insurance Expense: 1500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 1775.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 2285.00
  • Tax Lot: 1
  • Tax Tract Number: 2363

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
Nov 29, 2016
Sold by
Bought by
Current Estimated Value
$764,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2016
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
$270,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2008
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
$264,600
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2008
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
$264,600
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2008
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
$264,600
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2008
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
$264,600
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2006
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
$110,000
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 1, 2005
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
$86,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 10, 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
$248,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1999
Sold by
Bought by

Purchase Details

Closed on
May 2, 1995
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1993
Sold by
Bought by

Purchase Details

Closed on
May 5, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Park, CA

  • Laura Dandoy Real Estate Agent - The Real Estate Resource Group

    Laura Dandoy

    The Real Estate Resource Group

    (626) 784-4821

    258 Total Sales

    1 in South Park

    $330,000 Price

    Laura Dandoy
     Section Image
  • Harry Eaves Real Estate Agent - Keller Williams Coastal Prop.

    Harry Eaves

    Keller Williams Coastal Prop.

    (669) 208-7941

    31 Total Sales

    1 in South Park

    $610,000 Price

    Harry Eaves
     Section Image
  • Erica Walden Real Estate Agent - Compass

    Erica Walden

    Responds Quickly

    Compass

    (424) 372-0972

    39 Total Sales

    1 in South Park

    $540,000 Price

    Erica Walden
     Section Image
  • Melissa Barlow Real Estate Agent - Elite Representation Real Estate

    Melissa Barlow

    Responds Quickly

    Elite Representation Real Estate

    (424) 704-9071

    43 Total Sales

    2 in South Park

    $732K - $1.1M Price Range

    Melissa Barlow
     Section Image
  • Gina Isaac Real Estate Agent - Nourmand & Associates-HW

    Gina Isaac

    Nourmand & Associates-HW

    (424) 288-7115

    56 Total Sales

    1 in South Park

    $800,000 Price

    Gina Isaac
     Section Image
  • Federico Triebel Real Estate Agent - Federico J. Triebel

    Federico Triebel

    Federico J. Triebel

    (747) 998-0333

    24 Total Sales

    3 in South Park

    $710K - $733K Price Range

    Federico Triebel
     Section Image
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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
$370,000 Fidelity National Title
-- None Available
$294,000 None Available
-- None Available
-- Fidelity National Title Comp
$180,000 Fidelity National Title Comp
$481,631 Accommodation
$550,000 Ticor Title Co Glendale
$435,000 --
$310,000 Fidelity National Title Co S
-- Investors Title Company
-- --
$185,000 North American Title Company
$165,000 North American 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
Previous Owner $270,000
Previous Owner $264,600
Previous Owner $210,000
Previous Owner $110,000
Previous Owner $440,000
Previous Owner $86,000
Previous Owner $344,000
Previous Owner $248,000
Previous Owner $225,000
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
01/31/2017 01/31/17 Sold $370,000 -7.0% $208 / Sq Ft
11/20/2016 11/20/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $398,000 -- $224 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,682 $429,411 $348,173 $81,238
2024 $5,541 $420,993 $341,347 $79,646
2023 $5,441 $412,739 $334,654 $78,085
2022 $5,201 $404,647 $328,093 $76,554
2021 $5,133 $396,713 $321,660 $75,053
2020 $5,180 $392,646 $318,362 $74,284
2019 $4,988 $384,948 $312,120 $72,828
2018 $4,871 $377,400 $306,000 $71,400
2016 $4,813 $376,381 $271,954 $104,427
2015 $4,746 $370,728 $267,869 $102,859
2014 $4,773 $363,467 $262,622 $100,845
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    ADRIENNE LASCANO

    HOMESMART, EVERGREEN REALTY

    (626) 523-5916

    12 Total Sales

    ADRIENNE LASCANO
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16728329

California Regional Multiple Listing Service (CRMLS)

APN: 5109-014-001

California Los Angeles County Los Angeles 90011 South Park

470 E Vernon Ave, Los Angeles, CA

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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