NOT LISTED FOR SALE

5001 S Figueroa St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $1,076,000 - $1,500,000

5 Beds
4 Baths
4,348 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $1,050,000 $241 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,355/month

108 Days on Market

About This Home

As of December 2019

9% POTENTIAL CAP RATE!! 4 PLEX PROPERTY CAN BE DELIVERED VACANT!! C2 ZONED TOC TIER 1 7,847 SF LOT Perched on the CORNER of Figueroa and W 50th, this beautifully renovated fourplex consisting of approximately 4,348 SF on a massive single 7,847 lot is located in the South Figueroa Corridor neighborhood of L.A. just south of the incredibly popular USC proper. This vibrant neighborhood and its multitude of chic and trendy restaurants, shops, green spaces, etc. is a renter's paradise. It boasts a Walkscore of 79: Very Walkable. Front house is renovated top to bottom with hardwood floor, granite tops, brand new kitchen cabinets and copper plumbing featuring tank-less water heater and new electrical wiring. Two-story building in the rear side of the lot has 2 x 3 bedroom units which are also fully upgraded. Development potential is prime. The property is zoned C2-1VL-CPIO, allowing for 20 units, by right.

Last Agent to Sell the Property

Vinnie Park

Keller Williams Larchmont License #02015848 Listed on: 07/22/2019

Keller Williams Larchmont

Co-Listed By

Jeannine Yates

Coldwell Banker Realty License #01118844

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,856

Year Built

  • Built in 1905

Lot Details

  • 7,847

Home Design

  • 4,348 Sq Ft Home
  • Quadruplex
  • Craftsman Architecture
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Additional Features

  • Laundry Room
  • 7,847 Sq Ft Lot
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5018-021-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,856

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 4348
  • Year Built: 1905
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 241.44

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 6

Utilities

  • Sewer: In Street Paid

Lot Info

  • Assessed Improvement Value: 201932
  • Assessed Land Value: 414222
  • Assessor Parcel Number: 5018-021-005
  • Geocode Override: No
  • Lot Size Area: 7847

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 15700
  • Type Of Units: 4 plex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
Donna Sassoon
Bought by
Shamsian Shahin
Current Estimated Value
$1,331,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,940
Outstanding Balance
$735,617
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$596,034

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jan 29, 2020
Sold by
Shamsian Shahin and Dibagohar Tanaz
Bought by
5001 S Figueroa Llc
Seller's Agent
Vinnie Park
Keller Williams Larchmont
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,049,800
Sold Price
$1,050,000
Premium/Discount to List
$200
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$795,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2019
Closed on
Nov 15, 2019
Sold by
Sassoon Donna
Bought by
Shamsian Shahin
Seller's Agent
Vinnie Park
Keller Williams Larchmont
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,049,800
Sold Price
$1,050,000
Premium/Discount to List
$200
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2019
Closed on
Oct 18, 2019
Sold by
Urrutia Natividad
Bought by
Shamsian Shahin and Dibagohar Tanaz
Seller's Agent
Vinnie Park
Keller Williams Larchmont
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,049,800
Sold Price
$1,050,000
Premium/Discount to List
$200
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2015
Closed on
Jun 17, 2015
Sold by
Santana Ana C
Bought by
Urrutia Natividad
Seller's Agent
Mey Alvarez
Sunrise Realty & Home Loan
Buyer's Agent
Mey Alvarez
Sunrise Realty & Home Loan
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$584,223
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2003
Sold by
Duenas Ernesto Alexander
Bought by
Santana Nelson A and Duenas Ana Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2001
Sold by
D H P Investments
Bought by
Santana Nelson A and Duenas Ana Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,442
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2000
Sold by
Ibarra Rene M
Bought by
Dhp Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
8.27%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Ibarra Rosie
Bought by
Ibarra Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
8.27%

Purchase Details

Closed on
Apr 18, 2000
Sold by
Aames Capital Corp
Bought by
Ibarra Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
8.27%

Purchase Details

Closed on
Mar 23, 2000
Sold by
Alencastro Cristobal and Alencastro Maria
Bought by
Aames Capital Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1994
Sold by
Dejesus Alencastro Cristobal and Dejesus Alencastro Maria
Bought by
Alencastro Cristobal and Alencastro Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
8.6%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shamsian Shahin -- Priority Title
5001 S Figueroa Llc -- None Available
Shamsian Shahin -- Equity Title Company
Shamsian Shahin $1,050,000 Equity Title
Urrutia Natividad $595,000 Old Republic Title
Urrutia Natividad -- Old Republic Title
Santana Nelson A -- Commerce Title
Santana Nelson A $295,000 First American Title Co
Dhp Investments $165,000 --
Ibarra Rene -- Old Republic Title
Ibarra Rene -- Old Republic Title Company
Aames Capital Corp $134,771 Orange Coast Title
Alencastro Cristobal -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamsian Shahin $787,940
Previous Owner Shamsian Shahin $795,000
Previous Owner Shamsian Shahin $795,000
Previous Owner Urrutia Natividad $584,223
Previous Owner Santana Nelson A $438,000
Previous Owner Santana Nelson A $310,000
Previous Owner Santana Nelson A $290,442
Previous Owner Dhp Investments $167,000
Previous Owner Ibarra Rene $150,000
Previous Owner Ibarra Rene $150,000
Previous Owner Alencastro Cristobal $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $1,050,000 0.0% $241 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $1,049,800 0.0% $241 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $1,049,800 +76.4% $241 / Sq Ft
06/23/2015 06/23/15 Sold $595,000 -0.7% $137 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $599,000 -- $138 / 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 $13,856 $1,114,267 $742,845 $371,422
2024 $13,856 $1,092,420 $728,280 $364,140
2023 $13,992 $1,103,735 $735,824 $367,911
2022 $13,362 $1,082,095 $721,397 $360,698
2021 $13,182 $1,060,878 $707,252 $353,626
2020 $13,311 $1,050,000 $700,000 $350,000
2019 $8,238 $641,045 $430,956 $210,089
2018 $8,095 $628,476 $422,506 $205,970
2016 $7,713 $604,073 $406,100 $197,973
2015 $5,617 $435,186 $239,510 $195,676
2014 $5,661 $426,662 $234,819 $191,843
Source: Public Records

Agents Affiliated with this Home

  • Vinnie Park

    Seller's Agent in 2019

    Vinnie Park

    Keller Williams Larchmont

    (213) 332-9045

    1 in this area

    19 Total Sales

    Vinnie Park
    Section Image
  • Jeannine Yates

    Seller Co-Listing Agent in 2019

    Jeannine Yates

    Coldwell Banker Realty

    (310) 739-3070

    1 Total Sale

    Jeannine Yates
    Section Image

  • S

    Buyer's Agent in 2019

    Subscriber Non

    Non-Participant Office

  • M

    Seller's Agent in 2015

    Mey Alvarez

    Sunrise Realty & Home Loan

See All Agents

Map

Source: The MLS

MLS Number: 19-491490

The MLS

APN: 5018-021-005

California Los Angeles County Los Angeles 90037 Vermont Square

5001 S Figueroa St, Los Angeles, CA

This home is located at 5001 S Figueroa St, Los Angeles, CA 90037 since 22 July 2019 and is currently estimated at $1,331,651, approximately $306 per square foot. This property was built in 1905. 5001 S Figueroa St is a home located in Los Angeles County with nearby schools including Fifty-Second Street Elementary School, John Muir Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

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