Demetrius Brown
CLRE Corporation
(424) 321-7126
17 Total Sales
1 in South Park
$640,000 Price
480 E 48th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $640,000 - $771,790
3
Beds
2
Baths
1,736
Sq Ft
$393/Sq Ft
Est. Value
Highlights
- Lawn
- Laundry Room
- Level Lot
- Neighborhood Views
- Landscaped
- 5-minute walk to 49th Street Park
About This Home
As of August 2021Amazing opportunity to own an income producing property in the great city of LA! This well-kept Duplex sits on a lot of 5,480 sqft with a living area of 1,736 sqft. Both units feature new exterior paint, and newer flooring. Front unit presents 2 bed, 1 bath (with a bonus room, currently used as a 3rd bedroom), laundry room, spacious and semi-open floor plan in living areas. Back unit is a 1 bed, 1 bath, also with open floor plan in the living areas. Plenty of parking on the property for both tenants! Location of property is convenient as it is minutes from Downtown LA, shops, restaurants, markets, parks, and schools. Do not miss the opportunity to own this great property and enjoy all it has to offer! *Property is tenant occupied, and intent is to sell with them in place. Both tenants are in good standing with rent*
Last Agent to Sell the Property
Keller Williams SELA License #01883819 Listed on: 04/13/2021
Last Buyer's Agent
Alma Tamayo
KAM Financial Realty License #02035232
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 5,480 Sq Ft Lot
- No Common Walls
- Landscaped
- Level Lot
- Lawn
- Garden
- Front Yard
Interior Spaces
- 1,736 Sq Ft Home
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Combination Of Materials Used In The Driveway
- Parking Lot
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 41
- Assessor Parcel Number 5109020038
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,600
- Maintenance Expense $200
- Water Sewer Expense $1,800
- New Taxes Expense $4,000
- Operating Expense $7,600
- Gross Income $20,000
- Net Operating Income $20,000
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
Jan 12, 2011
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
4.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2010
Sold by
Bought by
Purchase Details
Closed on
May 23, 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
$348,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Park, CA
-
Demetrius Brown
-
Jared Nuñez
Jared Nuñez
Ambiance Realty
(562) 568-7742
147 Total Sales
1 in South Park
$800,000 Price
-
Michele Steggell
Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
47 Total Sales
1 in South Park
$570,000 Price
-
CHEVY ALA
CHEVY ALA
HOMEQUEST REAL ESTATE
(626) 602-8465
18 Total Sales
1 in South Park
$661,900 Price
-
Laura Dandoy
Laura Dandoy
The Real Estate Resource Group
(626) 784-4821
261 Total Sales
1 in South Park
$330,000 Price
-
Harry Eaves
Harry Eaves
Keller Williams Coastal Prop.
(669) 208-7941
31 Total Sales
1 in South Park
$610,000 Price
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 |
|---|---|---|---|
| $209,000 | Provident Title Company | ||
| -- | Provident Title Company | ||
| $460,000 | New Century Title Company Lo |
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 | $167,200 | ||
| Previous Owner | $348,000 |
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 |
|---|---|---|---|---|
| 08/11/2021 08/11/21 | Sold | $515,000 | -2.8% | $297 / Sq Ft |
| 07/22/2021 07/22/21 | For Sale | $530,000 | 0.0% | $305 / Sq Ft |
| 07/14/2021 07/14/21 | For Sale | $530,000 | +2.9% | $305 / Sq Ft |
| 07/13/2021 07/13/21 | Off Market | $515,000 | -- | -- |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- |
| 05/23/2021 05/23/21 | Pending | -- | -- | -- |
| 05/18/2021 05/18/21 | Price Changed | $530,000 | -1.9% | $305 / Sq Ft |
| 05/11/2021 05/11/21 | Price Changed | $540,000 | -2.7% | $311 / Sq Ft |
| 04/13/2021 04/13/21 | For Sale | $555,000 | -- | $320 / 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 | $6,855 | $546,521 | $440,401 | $106,120 |
| 2024 | $6,784 | $535,806 | $431,766 | $104,040 |
| 2023 | $6,656 | $525,300 | $423,300 | $102,000 |
| 2022 | $6,352 | $515,000 | $415,000 | $100,000 |
| 2021 | $4,042 | $315,303 | $171,380 | $143,923 |
| 2020 | $4,078 | $312,071 | $169,623 | $142,448 |
| 2019 | $3,926 | $305,953 | $166,298 | $139,655 |
| 2018 | $3,818 | $299,955 | $163,038 | $136,917 |
| 2016 | $3,637 | $288,309 | $156,708 | $131,601 |
| 2015 | $3,586 | $283,980 | $154,355 | $129,625 |
| 2014 | $3,610 | $278,418 | $151,332 | $127,086 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Messiha
Seller's Agent in 2021
Kevin Messiha
Keller Williams SELA
(562) 250-3238
1 in this area
120 Total Sales
-
A
Buyer's Agent in 2021
Alma Tamayo
KAM Financial Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21076647
APN: 5109-020-038
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.
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
Nearby Homes
- 4457 Mettler St
- 281 E 48th St
- 673 E 50th St
- 5108 Towne Ave
- 632 E 45th St
- 5017 S San Pedro St
- 232 E 47th St
- 678 E 45th St
- 4626 Wall St
- 4614 Wall St
- 4416 S San Pedro St
- 218 E 51st St
- 415 E Vernon Ave
- 862 E 49th St
- 732 E 52nd St
- 186 E Vernon Ave
- 908 E 49th Place
- 920 E 48th St
- 142 E Vernon Ave
- 4607 Wadsworth Ave
Your Personal Tour Guide
Ask me questions while you tour the home.