NOT LISTED FOR SALE

489 E 49th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $710,000 - $913,525

8 Beds
5 Baths
3,388 Sq Ft
$244/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2017

Last sale price $635,000 $187 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,165 / mo

85 Days on Market

About This Home

As of December 2017

An excellent multi-family property in the Los Angeles neighborhood, featuring 4 units. Don't miss out on this great opportunity that makes a great investment property or perfect for the person who prefers to occupy it. The building has a combined 3388 sqft. of living space and is situated on a flat lot that is 7,699 sq.ft. It is centrally located, including public transportation just a few blocks away and a short commute to Downtown LA, USC Medical Ctr.

Last Agent to Sell the Property

Fina Encinas

Coldwell Banker Envision License #01279347 Listed on: 01/30/2017

Coldwell Banker Envision

Last Buyer's Agent

Fina Encinas

Coldwell Banker Envision License #01279347 Listed on: 01/30/2017

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 7,700 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 3,388 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 8
  • Assessor Parcel Number 5109020008

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $60
  • Water Sewer Expense $120
  • Operating Expense $180
  • Gross Income $2,950
  • Net Operating Income $100

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

7,700 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 120.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5109020008
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 187.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7700.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 2950.00
  • Gross Scheduled Income: 2950.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Expenses: 180.00

Tax Info

  • Tax Census Tract: 2293.00
  • Tax Lot: 8

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

Listed on
Jan 30, 2017
Closed on
Nov 30, 2017
Sold by
Bought by
Seller's Agent
Fina Encinas
Coldwell Banker Envision
Buyer's Agent
Fina Encinas
Coldwell Banker Envision
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$827,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,631
Avg. Annual Appreciation
3.17%
Original Mortgage
$476,250
Outstanding Balance
$400,337
Interest Rate
3.88%
Estimated Equity
$427,294

Purchase Details

Listed on
Jan 30, 2017
Closed on
Nov 8, 2017
Sold by
Bought by
Seller's Agent
Fina Encinas
Coldwell Banker Envision
Buyer's Agent
Fina Encinas
Coldwell Banker Envision
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$400,337
Interest Rate
3.88%
Estimated Equity
$427,294

Purchase Details

Closed on
Mar 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 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
$378,900
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2004
Sold by
Bought by

Purchase Details

Closed on
May 30, 2003
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
$301,500
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
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
$301,500
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1999
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
$283,500
Interest Rate
7.86%

Purchase Details

Closed on
Jun 30, 1999
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
$283,500
Interest Rate
7.86%

Purchase Details

Closed on
Oct 27, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
$635,000 Orange Coast Title Company
-- Orange Coast Title Company
-- None Available
-- --
-- New Century Title Company
$317,500 Commerce Title Company
-- Commerce Title Company
-- Commerce Title Company
-- Commerce Title Company
-- Chicago Title
$210,000 Chicago Title
$195,163 North American Title Co
$195,163 North American Title Co
-- First American Title Co
$320,000 First American Title Co
$181,200 Chicago Title Co
$129,500 --
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
Open $476,250
Previous Owner $378,900
Previous Owner $301,500
Previous Owner $283,500
Previous Owner $193,700
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
12/01/2017 12/01/17 Sold $635,000 -2.3% $187 / Sq Ft
09/27/2017 09/27/17 For Sale $650,000 0.0% $192 / Sq Ft
07/13/2017 07/13/17 For Sale $650,000 0.0% $192 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $650,000 -- $192 / 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 $9,267 $722,516 $494,953 $227,563
2024 $9,100 $708,350 $485,249 $223,101
2023 $8,931 $694,462 $475,735 $218,727
2022 $8,529 $680,846 $466,407 $214,439
2021 $8,413 $667,497 $457,262 $210,235
2019 $8,169 $647,700 $443,700 $204,000
2018 $8,035 $635,000 $435,000 $200,000
2017 $8,865 $706,487 $385,036 $321,451
2016 $8,640 $692,636 $377,487 $315,149
2015 $8,518 $682,233 $371,817 $310,416
2014 $8,568 $668,870 $364,534 $304,336
Source: Public Records

Agents Affiliated with this Home

  • Fina Encinas

    Seller's Agent in 2017

    Fina Encinas

    Coldwell Banker Envision

    (562) 822-0176

    27 Total Sales

    Fina Encinas
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17021376

California Regional Multiple Listing Service (CRMLS)

APN: 5109-020-008

California Los Angeles County Los Angeles 90011 South Park

489 E 49th St, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.