NOT LISTED FOR SALE

481 Park Front Walk Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $681,000 - $1,510,000

3 Beds
1 Bath
1,781 Sq Ft
$677/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $232,000 $130 Per Sq Ft

Est. 419% increase in value since last sale

Current estimated payment $7,883/month

57 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Views
  • Living Room with Fireplace
  • No HOA
  • 3-minute walk to 49th Street Park

About This Home

As of September 2019

Great Investment Opportunity. Zoned LAR2, This 1912 craftsman property is has two gas meters. The home has repairs that need to be done according to the Los Angeles city inspection, the garage structure and the home has the architectural charming characteristics of a 1912 built home.

Last Agent to Sell the Property

Benny Nassiri

Asset Financial Network, Inc License #01001549 Listed on: 05/21/2019

Last Buyer's Agent

Benny Nassiri

Asset Financial Network, Inc License #01001549 Listed on: 05/21/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,424

Year Built

  • Built in 1912

Lot Details

  • 5,080 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,781 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5109-020-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,424

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1781
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: 20

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 241.44

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Garage - 1 Car

Utilities

  • TV Svcs: TV Satellite Dish - Leased

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5109-020-022
  • Geocode Override: No
  • Lot Size Area: 5080

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Olsen Keegan W
Bought by
481 Park Front Llc
Current Estimated Value
$1,204,855

Purchase Details

Closed on
Jan 31, 2020
Sold by
The Mcgrew Group Llc
Bought by
Olsen Keegan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,450
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 22, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
The Mcgrew Group Llc
Seller's Agent
Benny Nassiri
Asset Financial Network, Inc
Buyer's Agent
Benny Nassiri
Asset Financial Network, Inc
List Price
$430,000
Sold Price
$232,000
Premium/Discount to List
-$198,000
-46.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.08%
Original Mortgage
$200,000
Interest Rate
3.6%

Purchase Details

Closed on
Jul 19, 2019
Sold by
Finance Of America Reverse Llc
Bought by
Wilmington Savings Fund Society Fsb and Finance Of America Structured Securities

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
3.6%

Purchase Details

Closed on
Mar 26, 2019
Sold by
Perry Marcia Juanita
Bought by
Finance Of America Reverse Llc

Purchase Details

Closed on
Feb 1, 2017
Sold by
Percy Marcia Juanita
Bought by
Perry Marcia Juanita and Hill Bernice Lee

Purchase Details

Closed on
Oct 24, 2016
Sold by
Perry Marcia Juanita
Bought by
Perry Maria Juanita and Maria Juanita Perry Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Sep 16, 2016
Sold by
Perry Marcia Juanita
Bought by
Perry Marcia Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 27, 2015
Sold by
Thompson Damon V
Bought by
Perry Marcia Juanita and Hill Bennie Lee

Purchase Details

Closed on
Dec 28, 2012
Sold by
Thompson Damon V
Bought by
Thompson Damon and Perry Marcia Juanita

Purchase Details

Closed on
Oct 30, 1995
Sold by
Thompson Clarence Gilmore
Bought by
Thompson Clarence Gilmore and Thompson Damon
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
481 Park Front Llc -- Accommodation/Courtesy Recordi
Olsen Keegan W $986,500 Chicago Title
The Mcgrew Group Llc $232,000 Western Resources Title
Wilmington Savings Fund Society Fsb -- Western Resources Title Co
Finance Of America Reverse Llc $361,108 Accommodation
Perry Marcia Juanita -- None Available
Perry Maria Juanita -- None Available
Perry Marcia Juanita -- Provident Title Company
Perry Marcia Juanita -- None Available
Thompson Damon -- None Available
Thompson Clarence Gilmore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Mcgrew Group Llc $293,228
Previous Owner Olsen Keegan W $956,450
Previous Owner The Mcgrew Group Llc $200,000
Previous Owner Perry Marcia Juanita $570,000
Previous Owner Thompson Diamon $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $232,000 -46.0% $130 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $430,000 -- $241 / Sq Ft
Source: The MLS

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 $16,424 $1,357,722 $525,402 $832,320
2024 $16,424 $1,331,100 $515,100 $816,000
2023 $14,646 $1,183,200 $571,200 $612,000
2022 $13,967 $1,160,000 $560,000 $600,000
2021 $11,935 $454,661 $293,004 $161,657
2020 $22,295 $450,000 $290,000 $160,000
2019 $20,692 $323,348 $191,017 $132,331
2018 $20,630 $317,009 $187,272 $129,737
2017 $20,543 $310,794 $183,600 $127,194
2016 $20,440 $304,700 $180,000 $124,700
2015 $366 $21,371 $12,014 $9,357
2014 $375 $20,953 $11,779 $9,174
Source: Public Records

Agents Affiliated with this Home

  • Benny Nassiri

    Seller's Agent in 2019

    Benny Nassiri

    Asset Financial Network, Inc

    (310) 567-7756

    Benny Nassiri
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Map

Source: The MLS

MLS Number: 19-469126

The MLS

APN: 5109-020-022

California Los Angeles County Los Angeles 90011 South Park

481 Park Front Walk, Los Angeles, CA

This home is located at 481 Park Front Walk, Los Angeles, CA 90011 since 21 May 2019 and is currently estimated at $1,204,855, approximately $676 per square foot. This property was built in 1912. 481 Park Front Walk 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.

The MLS © 2025 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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