NOT LISTED FOR SALE

5735 Morgan Ave Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $554,000 - $654,523

5 Beds
2 Baths
1,462 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 09, 2017

Last sale price $530,000 $363 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,662/month

83 Days on Market

Highlights

  • Private Yard
  • 4-minute walk to Slauson Station
  • Living Room
  • No HOA

About This Home

As of August 2017

Investor opportunity. Great home with two units Front house which boosts 4 bedrooms and 2 bathrooms, Rear unit boosts 2 bedrooms 1 bathroom. This Home is located near major FWY's and shopping.

Last Agent to Sell the Property

Joseph Rangel

Dream Home Banker Real Estate License #01325054 Listed on: 03/02/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,984

Year Built

  • Built in 1910

Lot Details

  • 4,802 Sq Ft Lot
  • Private Yard
  • Property is zoned LAMR1

Interior Spaces

  • 1,462 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 321
  • Tax Tract Number 2289
  • Assessor Parcel Number 5105019009

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,984

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAMR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5105019009
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1462.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 362.52
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4802.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2289.00
  • Tax Lot: 321
  • Tax Tract Number: 2289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2020
Sold by
Shabanian Nematollah
Bought by
Shabanian Nematollah and The Shabanian Family Trust
Current Estimated Value
$617,381

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jul 28, 2017
Sold by
Cruz Jesus Amado
Bought by
Nematollah Shabanian
Seller's Agent
Joseph Rangel
Dream Home Banker Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$369,900
Sold Price
$530,000
Premium/Discount to List
$160,100
43.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$262,500
Outstanding Balance
$218,740
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$398,641

Purchase Details

Listed on
Mar 2, 2017
Closed on
Jul 25, 2017
Sold by
Khalpari Shabanian Shahin Dokht
Bought by
Nematollah Shabanian
Seller's Agent
Joseph Rangel
Dream Home Banker Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$369,900
Sold Price
$530,000
Premium/Discount to List
$160,100
43.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$218,740
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$398,641

Purchase Details

Closed on
Apr 29, 2016
Sold by
Cruz Yolanda M
Bought by
Cruz Jesus Amado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2016
Sold by
Mejia Maria
Bought by
Cruz Jesus Amado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2003
Sold by
Hud
Bought by
Mejia Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
May 1, 2001
Sold by
Puga Jose
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Jul 2, 1997
Sold by
Nuno Enrique
Bought by
Puga Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,111
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 1993
Sold by
Farias Maria Teresa
Bought by
Nuno Enrique
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
Shabanian Nematollah -- None Available
Nematollah Shabanian $350,000 First American Title Company
Nematollah Shabanian -- First American Title Company
Cruz Jesus Amado -- Wfg Title
Cruz Jesus Amado $340,000 Wfg Title
Mejia Maria $180,000 Ticor Title Company
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $197,145 First American Title Co
Puga Jose $185,000 Chicago Title
Nuno Enrique -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nematollah Shabanian $262,500
Previous Owner Cruz Jesus Amado $255,000
Previous Owner Mejia Maria $174,600
Previous Owner Puga Jose $179,111
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2017 08/09/17 Sold $530,000 +43.3% $363 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $369,900 -- $253 / 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 $4,984 $398,233 $307,893 $90,340
2024 $4,984 $390,425 $301,856 $88,569
2023 $4,892 $382,771 $295,938 $86,833
2022 $4,669 $375,267 $290,136 $85,131
2021 $4,607 $367,910 $284,448 $83,462
2020 $4,651 $364,139 $281,532 $82,607
2019 $4,473 $357,000 $276,012 $80,988
2018 $4,386 $350,000 $270,600 $79,400
2016 $2,750 $216,179 $162,137 $54,042
2015 $2,712 $212,933 $159,702 $53,231
2014 $2,729 $208,763 $156,574 $52,189
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joseph Rangel

    Dream Home Banker Real Estate

    (877) 242-1669

    8 Total Sales

    Joseph Rangel
    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,008 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17039946

California Regional Multiple Listing Service (CRMLS)

APN: 5105-019-009

California Los Angeles County Los Angeles 90011 Central Alameda

5735 Morgan Ave, Los Angeles, CA

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