NOT LISTED FOR SALE

521 W 48th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $672,000 - $910,000

4 Beds
2 Baths
1,727 Sq Ft
$465/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $429,000 $248 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,852/month

Highlights

  • Traditional Architecture
  • Granite Countertops
  • No HOA
  • Wood Flooring
  • Private Yard
  • Neighborhood Views

About This Home

As of November 2015

This gorgeous duplex has been newly renovated and features 2 units, each with 2 bedrooms and 1 bathroom. Both units have been fully upgraded with new windows, and new laminate flooring. Both kitchens are brand new with granite countertops. The remodeled bathrooms with individual vanities have new granite countertop and new copper plumbing throughout. Both units have been refitted with new cooling roofs and the new desert landscaping to perfectly protect water conservation. This duplex looks amazing and all of the new upgrades are sure to make this more than comfortable to live in.

Last Agent to Sell the Property

raini ayaz

Equity Union License #01467929 Listed on: 08/07/2015

Equity Union

Last Buyer's Agent

JAVIER RAMIREZ

RE/MAX INNOVATIONS License #01233369

RE/MAX INNOVATIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,082

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,794 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Landscaped
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Driveway
  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,727 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Blinds
  • Living Room
  • Wood Flooring
  • Neighborhood Views
  • Window Bars
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace
  • 220 Volts

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Tax Tract Number 2321
  • Assessor Parcel Number 5018027003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,082

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Window Bars
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5018027003
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps, Parking
  • Levels: One
  • Price Per Square Foot: 248.41
  • Room Type: Living Room, Master Bedroom
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • View: Neighborhood
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Driveway, Garage, Side by Side, Garage - Two Door, Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Landscaped, Rocks, Yard
  • Lot Size Sq Ft: 6794.00
  • Price Per Lot Square Foot: 63.14
  • Lot Size Acres: 0.1560

Multi Family

  • Gross Income: 3000.00
  • Lot Size Area: 6794.0000 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: Yes

Tax Info

  • Tax Block: A
  • Tax Lot: 4
  • Tax Tract Number: 2321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2024
Sold by
Landaverde Julio Cesar and Herrera Julio Cesar
Bought by
Solorzano Judith Iliana
Current Estimated Value
$803,153

Purchase Details

Closed on
Aug 22, 2019
Sold by
Solorzano Jose
Bought by
Solorzano Jose and Landaverde Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,100
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2015
Closed on
Nov 3, 2015
Sold by
Solorzano Judith Liiana
Bought by
Sofozarno Jose
Seller's Agent
raini ayaz
Equity Union
Buyer's Agent
JAVIER RAMIREZ
RE/MAX INNOVATIONS
List Price
$448,900
Sold Price
$429,000
Premium/Discount to List
-$19,900
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$151,607
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 7, 2015
Closed on
Oct 2, 2015
Sold by
Alpe Fund Llc
Bought by
Solorzano Jose
Seller's Agent
raini ayaz
Equity Union
Buyer's Agent
JAVIER RAMIREZ
RE/MAX INNOVATIONS
List Price
$448,900
Sold Price
$429,000
Premium/Discount to List
-$19,900
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,607
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 28, 2015
Sold by
Wells Fargo Bank Na
Bought by
Alpe Fund Llc
Seller's Agent
raini ayaz
Equity Union
Buyer's Agent
raini ayaz
Equity Union
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
138.90%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Nance John H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 8, 2007
Sold by
Nance John H
Bought by
Nance John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.09%
Mortgage Type
New Conventional
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
Solorzano Judith Iliana -- None Listed On Document
Solorzano Jose $275,000 Amrock Inc
Sofozarno Jose -- Lawyers Title
Solorzano Jose $429,000 Lawyers Title
Alpe Fund Llc $260,000 Servicelink
Wells Fargo Bank Na $281,030 None Available
Nance John H -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solorzano Jose $145,100
Previous Owner Solorzano Jose $151,607
Previous Owner Nance John H $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2015 11/06/15 Sold $429,000 -4.4% $248 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $448,900 +52.2% $260 / Sq Ft
06/01/2015 06/01/15 Sold $295,000 0.0% $171 / Sq Ft View Prior Sale
05/07/2015 05/07/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $295,000 -- $171 / 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 $7,082 $571,746 $415,806 $155,940
2024 $7,082 $565,238 $426,052 $139,186
2023 $7,035 $554,156 $417,699 $136,457
2022 $6,720 $543,291 $409,509 $133,782
2021 $6,631 $532,639 $401,480 $131,159
2020 $5,942 $464,361 $324,729 $139,632
2019 $5,715 $455,257 $318,362 $136,895
2018 $5,589 $446,331 $312,120 $134,211
2016 $5,767 $429,000 $300,000 $129,000
2015 $4,662 $372,292 $224,395 $147,897
2014 -- $44,354 $20,775 $23,579
Source: Public Records

Agents Affiliated with this Home

  • raini ayaz

    Seller's Agent in 2015

    raini ayaz

    Equity Union

    (310) 862-5262

    29 Total Sales

    raini ayaz
    Section Image
  • JAVIER RAMIREZ

    Buyer's Agent in 2015

    JAVIER RAMIREZ

    RE/MAX INNOVATIONS

    (213) 216-5306

    56 Total Sales

    JAVIER RAMIREZ
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15174649

California Regional Multiple Listing Service (CRMLS)

APN: 5018-027-003

California Los Angeles County Los Angeles 90037 Vermont Square

521 W 48th St, Los Angeles, CA

This home is located at 521 W 48th St, Los Angeles, CA 90037 since 07 August 2015 and is currently estimated at $803,153, approximately $465 per square foot. This property was built in 1952. 521 W 48th St is a home located in Los Angeles County with nearby schools including Dr. James Edward Jones Primary Center, Marguerite Poindexter Lamotte Elementary, and John Muir Middle School.

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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