NOT LISTED FOR SALE

5121 S Gramercy Place Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $704,000 - $797,000

4 Beds
2 Baths
1,596 Sq Ft
$468/Sq Ft Est. Value

Last Sold April 04, 2013

Last sale price $282,000 $177 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,316/month

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of April 2013

****STANDARD SALE ****** Beautiful 2plex 3bedrooms 1 bathroom and 1bedroom 1bathroom. Laminated floors in the living room, new carpet, new paint inside out. Perfect for a first time buyer. Live in one rent the 2nd. one. Buyer and buyer agent to verify square footage and room count.

Last Agent to Sell the Property

Erwin DeLeon

Keller Williams Pacific Estates Cerritos License #01512017 Listed on: 02/25/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 1928

Lot Details

  • 5,469 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,596 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 213
  • Assessor Parcel Number 5015011001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,440
  • New Taxes Expense $3,535
  • Gross Income $2,200
  • Net Operating Income $20,474

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,406

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 5015011001
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 176.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5469.00
  • Lot Size Acres: 0.1260

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5469.0000 Square Feet
  • Net Operating Income: 20474.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5925.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3535.00
  • Tax Lot: 213
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
Feb 22, 2013
Sold by
Light Motion Properties Llc
Bought by
Portamarin Claribel
Seller's Agent
Erwin DeLeon
Keller Williams Pacific Estates Cerritos
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$282,000
Sold Price
$282,000
Current Estimated Value
$747,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,641
Avg. Annual Appreciation
8.13%
Original Mortgage
$276,892
Outstanding Balance
$198,949
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$548,692

Purchase Details

Listed on
May 24, 2012
Closed on
Oct 30, 2012
Sold by
Calel Enrique Chitic and Chitic Enrique
Bought by
Light Motion Properties Llc
Seller's Agent
Daniel Sandoval
The Vision Group RE Services
Buyer's Agent
Josefina Martinez
Berkshire Hathaway HomeService
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
225.91%
Original Mortgage
$200,000
Interest Rate
3.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2003
Sold by
Menendez Noly Lopez
Bought by
Chitic Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2001
Sold by
Chitic C Enrique C and Chitic Agustin
Bought by
Chitic C Enrique

Purchase Details

Closed on
Apr 20, 2001
Sold by
Trujillo Maria Magdalena
Bought by
Chitic C Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,914
Interest Rate
7.21%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 1994
Sold by
Trujillo Godofredo
Bought by
Trujillo Maria Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,499
Interest Rate
8.51%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1994
Sold by
Ryland Mtg Company
Bought by
Trujillo Maria Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,499
Interest Rate
8.51%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Portamarin Claribel $282,000 Wfg Title Company Of Ca
Light Motion Properties Llc $180,000 Orange Coast Title Company
Chitic Enrique -- First American Title Co
Chitic Enrique -- First American Title Co
Chitic C Enrique -- --
Chitic C Enrique $135,000 Benefit Land Title Company
Trujillo Maria Magdalena -- First Southwestern Title Co
Trujillo Maria Magdalena $105,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portamarin Claribel $276,892
Previous Owner Light Motion Properties Llc $25,000
Previous Owner Light Motion Properties Llc $200,000
Previous Owner Chitic Enrique $345,000
Previous Owner Chitic Enrique $59,249
Previous Owner Chitic Enrique $154,500
Previous Owner Chitic C Enrique $132,914
Previous Owner Trujillo Maria Magdalena $104,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2013 04/04/13 Sold $282,000 0.0% $177 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $282,000 +56.7% $177 / Sq Ft
11/16/2012 11/16/12 Sold $180,000 0.0% $113 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $180,000 -- $113 / 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 $4,406 $347,248 $208,105 $139,143
2024 $4,406 $340,440 $204,025 $136,415
2023 $4,329 $333,766 $200,025 $133,741
2022 $4,139 $327,222 $196,103 $131,119
2021 $4,080 $320,807 $192,258 $128,549
2019 $3,963 $311,293 $186,556 $124,737
2018 $3,872 $305,191 $182,899 $122,292
2016 $3,694 $293,343 $175,798 $117,545
2015 $3,642 $288,938 $173,158 $115,780
2014 $3,668 $283,280 $169,767 $113,513
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Erwin DeLeon

    Keller Williams Pacific Estates Cerritos

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,901 Total Sales

    NoEmail NoEmail
    Section Image
  • Daniel Sandoval

    Seller's Agent in 2012

    Daniel Sandoval

    The Vision Group RE Services

    (562) 843-4474

    19 Total Sales

    Daniel Sandoval
    Section Image

  • J

    Buyer's Agent in 2012

    Josefina Martinez

    Berkshire Hathaway HomeService

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13031887

California Regional Multiple Listing Service (CRMLS)

APN: 5015-011-001

California Los Angeles County Los Angeles 90062 Vermont Square

5121 S Gramercy Place, Los Angeles, CA

This home is located at 5121 S Gramercy Place, Los Angeles, CA 90062 since 25 February 2013 and is currently estimated at $747,641, approximately $468 per square foot. This property was built in 1928. 5121 S Gramercy Place is a home located in Los Angeles County with nearby schools including Western Avenue Technology Magnet, Angeles Mesa Elementary School, and Barack Obama Global Preparation Academy.

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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