$860,000
SOLD MAR 21, 2025

512 S La Verne Ave Los Angeles, CA 90022

4 Beds
2 Baths
1,572 Sq Ft
8,002 Sq Ft Lot

Recently Sold

$547 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Two cooling system units
  • James A. Garfield Senior High School Rated A
  • Double Pane Windows
  • Laundry Room

About This Home

As of March 2025

Wow!! 2 Vacant and Fully Remodeled UNITS in the heart of East Los Angeles !! Each unit 2 bedroom 1 bath, dining area, living room and have their own laundry room. New luxury vinyl floor throughout, New kitchen cabinets w/quartz countertops, new double pane windows, new bathroom tile/vanity/toilets, garage doors, and new upgraded electrical panel for each unit. Worried about parking situation, not at 512 & 514 S La Verne, with a 2 car garage that can be used as one or split for each unit along with long driveway leading into a large backyard that can be used as parking, entertainment or even build an ADU. This one is perfect for large family and/or rental investment. Must See!!!

Last Agent to Sell the Property

Edgar Salcedo

UNITED EXECUTIVES Brokerage Phone: 626-253-5754 License #01831174 Listed on: 02/20/2025

Last Buyer's Agent

Alma Barmaki

Century 21 Allstars License #01155277

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,425

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 8,002 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Duplex
  • Turnkey
  • Cosmetic Repairs Needed
  • Raised Foundation

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit

Utilities

  • Two cooling system units
  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 2 / 15
  • Tax Tract Number 4074
  • Assessor Parcel Number 5248020005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,425

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 6262535754
  • Price Per Unit: 399950
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: LCR2YY
  • Property Condition: Repairs Cosmetic, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5248020005
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 547.07
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual, Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 8002.00
  • Lot Size Acres: 0.1837

Multi Family

  • Lot Size Area: 8002.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 5316.03
  • Tax Lot: 2
  • Tax Tract Number: 4074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Mar 14, 2025
Sold by
G & F Property Investments Inc
Bought by
Pineda Daniel
Seller's Agent
Edgar Salcedo
UNITED EXECUTIVES
Buyer's Agent
Alma Barmaki
Century 21 Allstars
List Price
$799,900
Sold Price
$860,000
Premium/Discount to List
$60,100
7.51%
Views
51
Current Estimated Value
$838,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,633
Avg. Annual Appreciation
-7.43%
Original Mortgage
$844,423
Outstanding Balance
$843,716
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
-$5,349

Purchase Details

Listed on
Aug 7, 2024
Closed on
Sep 11, 2024
Sold by
Romero Maria
Bought by
G & F Property Investments Inc
Seller's Agent
Albert Pasillas
VYLLA HOME
Buyer's Agent
Albert Pasillas
VYLLA HOME
List Price
$550,000
Sold Price
$571,500
Premium/Discount to List
$21,500
3.91%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
126.45%
Original Mortgage
$300,000
Interest Rate
6.47%
Mortgage Type
Construction

Purchase Details

Closed on
May 5, 2000
Sold by
Duarte Gilberto and Romero Maria
Bought by
Romero Maria

Purchase Details

Closed on
Sep 19, 1994
Sold by
Duarte Gilberto
Bought by
Duarte Gilberto and Romero Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
8.58%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $860,000 Pacific Coast Title Company
Grant Deed $571,500 None Listed On Document
Gift Deed -- --
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $844,423 FHA
Previous Owner $300,000 Construction
Previous Owner $133,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $860,000 +7.5% $547 / Sq Ft
02/20/2025 02/20/25 For Sale $799,900 +40.0% $509 / Sq Ft
09/20/2024 09/20/24 Sold $571,500 +3.9% $364 / Sq Ft
09/03/2024 09/03/24 For Sale $550,000 -3.8% $350 / Sq Ft
08/31/2024 08/31/24 Pending -- -- --
08/30/2024 08/30/24 Off Market $571,500 -- --
08/30/2024 08/30/24 For Sale $550,000 -3.8% $350 / Sq Ft
08/13/2024 08/13/24 Off Market $571,500 -- --
08/07/2024 08/07/24 For Sale $550,000 -- $350 / 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
2024 $4,425 $256,143 $150,675 $105,468
2023 $4,190 $251,121 $147,721 $103,400
2022 $4,024 $246,198 $144,825 $101,373
2021 $3,976 $241,372 $141,986 $99,386
2019 $3,871 $234,215 $137,776 $96,439
2018 $3,689 $229,624 $135,075 $94,549
2016 $3,537 $220,710 $129,831 $90,879
2015 $3,488 $217,395 $127,881 $89,514
2014 $3,494 $213,137 $125,376 $87,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25038675

California Regional Multiple Listing Service (CRMLS)

APN: 5248-020-005