NOT LISTED FOR SALE

505 W 103rd St Los Angeles, CA 90044

Vermont Vista Neighborhood

Estimated Value: $743,000 - $837,143

6 Beds
3 Baths
1,920 Sq Ft
$420/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $480,000 $250 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,040/month

41 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Electric Fireplace

About This Home

As of February 2017

This home is located at 505 W 103rd St, Los Angeles, CA 90044 since 22 December 2016 and is currently estimated at $807,036, approximately $420 per square foot. This property was built in 1943. 505 W 103rd St is a home located in Los Angeles County with nearby schools including Charles W. Barrett Elementary School, Bret Harte Preparatory Middle School, and Alliance College-Ready Middle Academy No. 4.

Last Agent to Sell the Property

Rashad Ryans

Ryans Property Group License #01749177 Listed on: 12/22/2016

Ryans Property Group

Last Buyer's Agent

Augustine Chidebe

Spec Homes REALTORS License #01252888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,030

Year Built

  • Built in 1943

Lot Details

  • 5,500 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 1,920 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 6969
  • Assessor Parcel Number 6054016006

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $1,200
  • Operating Expense $2,700
  • Gross Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,030

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 6054016006
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Electric, Gas
  • Levels: One
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • 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: 5500.00

Multi Family

  • Gross Income: 38000.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 1200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 3850.00
  • Total Expenses: 2700.00

Tax Info

  • Tax Census Tract: 2404.02
  • Tax Lot: 63
  • Tax Tract Number: 6969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2016
Closed on
Feb 1, 2017
Sold by
Jenkins Ron
Bought by
Okwo Angela C
Seller's Agent
Rashad Ryans
Ryans Property Group
Buyer's Agent
Augustine Chidebe
Spec Homes REALTORS
List Price
$474,888
Sold Price
$480,000
Premium/Discount to List
$5,112
1.08%
Current Estimated Value
$813,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,363
Avg. Annual Appreciation
6.34%
Original Mortgage
$360,000
Outstanding Balance
$298,833
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$508,203

Purchase Details

Closed on
Jul 1, 2014
Sold by
Grk Properties Llc
Bought by
Jenkins Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2014
Sold by
Castillo Ignacio
Bought by
Grk Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2013
Sold by
Castillo Ignacio
Bought by
Capital Investment & Management Inc

Purchase Details

Closed on
Jun 6, 2011
Sold by
Knowles Lamont L
Bought by
Castillo Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,409
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2010
Sold by
Dumas Erica Renee
Bought by
Knowles Lamont L

Purchase Details

Closed on
Dec 13, 2010
Sold by
U S Bank National Association
Bought by
Knowles Lamont L

Purchase Details

Closed on
Apr 7, 2010
Sold by
Dixon James L
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 3, 2009
Sold by
Dixon James L
Bought by
Majaro Investments Llc

Purchase Details

Closed on
May 30, 2006
Sold by
Daddys Baby Trust Jld
Bought by
Dixon James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
7.96%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 10, 2006
Sold by
Dixon James
Bought by
Daddys Baby Trust Jld

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
7.96%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 13, 2005
Sold by
Castlegate Funding Llc
Bought by
Dixon James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2002
Sold by
Gomez Dila and Gomez Dilma
Bought by
Alvarez Krystel P

Purchase Details

Closed on
Oct 29, 2001
Sold by
Alvarez Felipe
Bought by
Gomez Dila and Gomez Dilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2000
Sold by
Morequity Inc
Bought by
Alvarez Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
8.37%

Purchase Details

Closed on
Jul 6, 1999
Sold by
Holland Terrace L
Bought by
Morequity Inc

Purchase Details

Closed on
Jan 16, 1998
Sold by
Holland Linnie B
Bought by
Holland Terrace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.13%

Purchase Details

Closed on
Mar 3, 1995
Sold by
Holland Linnie B and Holland Emma L
Bought by
Holland Linnie B and Holland Emma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,363
Interest Rate
8.44%

Purchase Details

Closed on
Oct 11, 1994
Sold by
Holland Linnie B and Holland Emma L
Bought by
Holland Linnie B and Holland Emma L
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
Okwo Angela C $480,000 Ticor Title Company Of Ca
Jenkins Ron $360,000 Provident Title Company
Grk Properties Llc -- None Available
Capital Investment & Management Inc -- None Available
Castillo Ignacio $295,000 Fidelity National Title
Knowles Lamont L -- North American Title Co Inc
Knowles Lamont L $182,000 North American Title Co
Us Bank National Association $250,000 None Available
Majaro Investments Llc -- Accommodation
Dixon James L -- Accommodation
Dixon James L -- Fidelity National Title
Daddys Baby Trust Jld -- None Available
Dixon James L $515,000 Fidelity National Title
Alvarez Krystel P -- --
Gomez Dila $245,000 Fidelity Title
Alvarez Felipe $135,000 First American Title Ins Co
Morequity Inc -- First American Title Ins Co
Holland Terrace L -- South Coast Title
Holland Linnie B -- California Counties Title Co
Holland Linnie B -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okwo Angela C $360,000
Previous Owner Jenkins Ron $353,479
Previous Owner Castillo Ignacio $20,000
Previous Owner Castillo Ignacio $253,409
Previous Owner Dixon James L $513,000
Previous Owner Dixon James L $360,500
Previous Owner Castlegate Funding Llc $30,000
Previous Owner Castlegate Funding Llc $0
Previous Owner Gomez Dila $241,214
Previous Owner Alvarez Felipe $141,000
Previous Owner Holland Terrace L $175,000
Previous Owner Holland Linnie B $16,363
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2017 02/28/17 Sold $480,000 +1.1% $250 / Sq Ft
01/22/2017 01/22/17 For Sale $474,888 -1.1% $247 / Sq Ft
01/21/2017 01/21/17 Off Market $480,000 -- --
01/16/2017 01/16/17 Price Changed $474,888 -1.0% $247 / Sq Ft
12/22/2016 12/22/16 For Sale $479,900 +33.3% $250 / Sq Ft
09/23/2014 09/23/14 Sold $360,000 +0.3% $188 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $359,000 -- $187 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,030 $557,075 $406,201 $150,874
2024 $7,030 $546,153 $398,237 $147,916
2023 $6,903 $535,445 $390,429 $145,016
2022 $6,598 $524,947 $382,774 $142,173
2021 $6,511 $514,655 $375,269 $139,386
2020 $6,573 $509,379 $371,422 $137,957
2019 $6,324 $499,392 $364,140 $135,252
2018 $6,228 $489,600 $357,000 $132,600
2016 $4,699 $365,490 $263,965 $101,525
2015 $4,635 $360,000 $260,000 $100,000
2014 $3,894 $289,307 $231,044 $58,263
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rashad Ryans

    Ryans Property Group

    (310) 782-5681

    12 Total Sales

    Section Image

  • A

    Buyer's Agent in 2017

    Augustine Chidebe

    Spec Homes REALTORS

  • Cristina Warfield

    Seller's Agent in 2014

    Cristina Warfield

    Compass

    (310) 429-5997

    35 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16766970

California Regional Multiple Listing Service (CRMLS)

APN: 6054-016-006

California Los Angeles County Los Angeles 90003 Vermont Vista

505 W 103rd St, Los Angeles, CA

This home is located at 505 W 103rd St, Los Angeles, CA 90044 since 22 December 2016 and is currently estimated at $807,036, approximately $420 per square foot. This property was built in 1943. 505 W 103rd St is a home located in Los Angeles County with nearby schools including Charles W. Barrett Elementary School, Bret Harte Preparatory Middle School, and Alliance College-Ready Middle Academy No. 4.

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

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