NOT LISTED FOR SALE

5311 S Manhattan Place Los Angeles, CA 90062

Vermont Square Neighborhood

Estimated Value: $655,000 - $775,000

2 Beds
2 Baths
1,006 Sq Ft
$706/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $440,000 $437 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,395/month

9 Days on Market

Highlights

  • 4 Car Detached Garage
  • 1-Story Property
  • 3-minute walk to Chesterfield Square Park

About This Home

As of May 2017

Fantastic opportunity to own one unit and rent the other. Adorable duplex consisting of 2- 1 bedroom, 1 bath units. One of the units has a newer kitchen with granite counter tops, new kitchen cabinets, upgraded bathroom, and newer flooring in bedroom. Additions to the property include a beautifully designed wooden fence for privacy, new windows for both units, newer roof, mature fruit trees and garden, privacy shrubs in the front yard, and you don't have to worry about parking! Property has 2 entrances that in include 2 parking spaces in the front with newly added concrete design for the driveway. Also, another entrance through the back of the home that includes more parking and a large storage patio. The property sits on a very large spacious lot with potential to expand or build, zoned LAR2. Lot's of possibilities for this duplex, perfect for first time investor or small family.

Last Agent to Sell the Property

Ronald Escobar

eXp Realty of California Inc License #01460645 Listed on: 02/27/2017

Co-Listed By

Susana Salcido

Realty One Group United License #01735201

Last Buyer's Agent

Christian Ortiz

License #01950111

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,271

Year Built

  • Built in 1923

Lot Details

  • 6,343

Parking

  • 4 Car Detached Garage

Interior Spaces

  • 1,006 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,343 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5005-026-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,271

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1006
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 422.47

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 121830
  • Assessed Land Value: 182745
  • Assessor Parcel Number: 5005-026-011
  • Geocode Override: No
  • Lot Size Area: 6343

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.75
  • Number Of Units: 2
  • Total Annual Expense: 4200
  • Type Of Units: Multifamily
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 24, 2017
Sold by
Chavez Luis Alberto
Bought by
Guerrero Eduardo and Tablas Kenia Maritza Cardona
Seller's Agent
Ronald Escobar
eXp Realty of California Inc
Buyer's Agent
Christian Ortiz
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Current Estimated Value
$710,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,627
Avg. Annual Appreciation
5.54%
Original Mortgage
$425,315
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2014
Sold by
Duran Oswaldo
Bought by
Chavez Luis Alberto and Chavez Marta Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 1999
Sold by
Duran Alex
Bought by
Duran Oswaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1996
Sold by
Hud
Bought by
Duran Oswaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,350
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 1996
Sold by
Barclaysamerican/Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jun 5, 1995
Sold by
Mota Martin and Mota Ofelia N
Bought by
Barclaysamerican/Mtg Corp
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
Guerrero Eduardo $440,000 Pacific Coast Title Company
Chavez Luis Alberto $300,000 Fidelity National Title
Duran Oswaldo -- Orange Coast Title
Duran Oswaldo $105,000 California Counties Title Co
Hud -- American Title
Barclaysamerican/Mtg Corp $148,743 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Eduardo $398,700
Closed Guerrero Eduardo $46,000
Closed Cardona Guerrero Eduardo $412,000
Closed Guerrero Eduardo $425,315
Previous Owner Chavez Luis Alberto $294,566
Previous Owner Duran Oswaldo $152,000
Previous Owner Duran Oswaldo $145,000
Previous Owner Duran Oswaldo $124,000
Previous Owner Duran Oswaldo $119,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $440,000 +3.5% $437 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $425,000 +41.7% $422 / Sq Ft
08/28/2014 08/28/14 Sold $300,000 0.0% $298 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $300,000 -- $298 / 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 $6,271 $510,652 $408,523 $102,129
2024 $6,271 $500,640 $400,513 $100,127
2023 $6,156 $490,824 $392,660 $98,164
2022 $5,877 $481,201 $384,961 $96,240
2021 $5,802 $471,766 $377,413 $94,353
2019 $5,632 $457,775 $366,220 $91,555
2018 $5,566 $448,800 $359,040 $89,760
2016 $3,813 $304,575 $182,745 $121,830
2015 $3,759 $300,000 $180,000 $120,000
2014 $1,843 $141,651 $114,229 $27,422
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ronald Escobar

    eXp Realty of California Inc

    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Susana Salcido

    Realty One Group United

    Section Image

  • C

    Buyer's Agent in 2017

    Christian Ortiz

  • J

    Seller's Agent in 2014

    Jose Heredia

    Realty One Group West

    (714) 329-0456

    33 Total Sales

    Jose Heredia
    Section Image
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Map

Source: The MLS

MLS Number: 17-205572

The MLS

APN: 5005-026-011

California Los Angeles County Los Angeles 90062 Vermont Square

5311 S Manhattan Place, Los Angeles, CA

This home is located at 5311 S Manhattan Place, Los Angeles, CA 90062 since 27 February 2017 and is currently estimated at $710,627, approximately $706 per square foot. This property was built in 1923. 5311 S Manhattan Place is a home located in Los Angeles County with nearby schools including Western Avenue Technology Magnet, Angeles Mesa Elementary School, and Horace Mann Ucla Community.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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