Shelle Kirk
View Heights Properties
(562) 414-6134
24 Total Sales
1 in Historic South Central
$940,000 Price
492 E 41st St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $1,315,161
9
Beds
11
Baths
7,671
Sq Ft
$171/Sq Ft
Est. Value
About This Home
As of March 2016First time on the market in over 13 years. This mixed-use property has THREE retail units and FOUR apartments with the majority of the apartment tenants on Section 8. The retail tenants have been there over 10 years and have long term leases in place. This is a steady money producer and when there has been a vacancy with one of the apartments, it has been leased up quickly. Completely remodeled in 2002, with NEW copper plumbing, NEW electrical, NEW windows, all NEW kitchens and bathrooms, all PERMITTED. Property owns all the restaurant equipment and has grease trap. Request a full Offering Memorandum from agents.
Last Agent to Sell the Property
Vanesita Revilla
First Team Real Estate License #01965872 Listed on: 04/20/2015
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 1922
Lot Details
- 7,000 Sq Ft Lot
- No Common Walls
- End Unit
- Density is up to 1 Unit/Acre
Home Design
- 7,671 Sq Ft Home
Bedrooms and Bathrooms
- 9 Bedrooms
- 11 Bathrooms
Parking
- Parking Available
- Unassigned Parking
Location
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 6
- Tax Tract Number 2283
- Assessor Parcel Number 5113005006
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 7 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $1,200
- Maintenance Expense $450
- Trash Expense $1,200
- Water Sewer Expense $4,200
- New Taxes Expense $18,000
- Operating Expense $25,050
- Gross Income $9,946
- Net Operating Income $94,302
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 3, 2020
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
$1,168,275
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 16, 2015
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
$845,000
Interest Rate
3.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 20, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 5, 2004
Sold by
Bought by
Purchase Details
Closed on
Sep 5, 2002
Sold by
Bought by
Purchase Details
Closed on
Aug 1, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 27, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Historic South Central, CA
-
Shelle Kirk
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
255 Total Sales
2 in Historic South Central
$795K - $960K Price Range
-
Samuel Mikhail
Samuel Mikhail
The New City Realty
(562) 526-0349
37 Total Sales
1 in Historic South Central
$900,000 Price
-
Albert Marin
Albert Marin
Re/Max Top Producers
(951) 456-4305
67 Total Sales
1 in Historic South Central
$655,000 Price
-
Downey Chong
Downey Chong
Choice 100 Realty, Inc.
(213) 468-0129
10 Total Sales
1 in Historic South Central
$1,100,000 Price
-
Maria Guerrero
Maria Guerrero
Y Realty
(424) 552-2340
11 Total Sales
1 in Historic South Central
$427,000 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 |
|---|---|---|---|
| $1,100,000 | Fidelity National Title | ||
| $1,585,000 | Ticor Title Natl Commercial | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $150,000 | Fidelity Title |
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 | $1,365,000 | ||
| Closed | $1,168,275 | ||
| Previous Owner | $845,000 |
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 |
|---|---|---|---|---|
| 03/16/2016 03/16/16 | Sold | $1,500,000 | -16.7% | $196 / Sq Ft |
| 12/08/2015 12/08/15 | Pending | -- | -- | -- |
| 04/20/2015 04/20/15 | For Sale | $1,800,000 | -- | $235 / 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 | $15,251 | $1,190,674 | $454,621 | $736,053 |
| 2024 | $14,992 | $1,167,328 | $445,707 | $721,621 |
| 2023 | $14,714 | $1,144,440 | $436,968 | $707,472 |
| 2022 | $14,052 | $1,122,000 | $428,400 | $693,600 |
| 2021 | $13,844 | $1,100,000 | $420,000 | $680,000 |
| 2020 | $21,498 | $1,715,652 | $806,410 | $909,242 |
| 2019 | $20,659 | $1,682,013 | $790,599 | $891,414 |
| 2018 | $20,491 | $1,649,034 | $775,098 | $873,936 |
| 2016 | $7,233 | $552,472 | $222,189 | $330,283 |
| 2015 | $7,135 | $544,174 | $218,852 | $325,322 |
| 2014 | $7,179 | $533,515 | $214,565 | $318,950 |
Source: Public Records
Agents Affiliated with this Home
-
V
Seller's Agent in 2016
Vanesita Revilla
First Team Real Estate
-
John Gessford
Seller Co-Listing Agent in 2016
John Gessford
Lee & Associates Realty Group
(949) 278-6645
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15083493
APN: 5113-005-006
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
- 715 E 41st Place
- 725 E 40th Place
- 4106 S San Pedro St
- 786 E 41st St
- 788 E 40th Place
- 791 E 41st St
- 3708 San Pedro St
- 811 E 42nd Place
- 4014 Mckinley Ave
- 879 E 40th Place
- 4030 Wall St
- 4020 Wall St
- 623 E 36th St
- 3818 Crawford St
- 4010 Wall St
- 901 E 42nd St
- 300 E 42nd Place
- 915 E 41st Place
- 4257 San Pedro Place
- 3631 Trinity St
- 496 E 41st St
- 4107 Avalon Blvd
- 488 E 41st St
- 4121 Avalon Blvd
- 486 E 41st St
- 489 E 41st St
- 482 E 41st St
- 4071 S Avalon Blvd
- 487 E 41st St
- 489 E 41st Place
- 480 E 41st St
- 4110 Avalon Blvd
- 485 E 41st St
- 483 E 41st Place
- 495 E 41st St
- 481 E 41st Place
- 479 E 41st St
- 474 E 41st St
- 477 E 41st Place
- 632 E 41st St
Your Personal Tour Guide
Ask me questions while you tour the home.