NOT LISTED FOR SALE

614 W 48th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $658,000 - $985,000

4 Beds
2 Baths
2,362 Sq Ft
$376/Sq Ft Est. Value

Last Sold August 20, 2014

Last sale price $409,000 $173 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $5,176/month

114 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • 3-minute walk to Julian C. Dixon Park

About This Home

As of August 2014

STANDARD SALE...BEAUTIFUL 2 UNITS.... FIRST UNIT FEATURES 3 BEDROOM 1 BATH AND 2ND UNIT 1 BEDROOM 1 BATH. HOME IS WELL KEPT. UNIT 3/1 HAS AMPLE SPACE INCLUDING A BASEMENT. THERE IS ALSO A STORAGE ROOM IN THE BACK YARD. UPSTAIRS UNIT 1/1 IS CURRENTLY RENTED TO GOOD LONG TERM TENANTS $950.00 PER MONTH. BOTH UNITS ARE KEPT CLEAN BY CURRENT OCCUPANTS.

Last Agent to Sell the Property

Daniel Hernandez

Executive Bankers Realty License #01366544 Listed on: 03/15/2014

Last Buyer's Agent

Hector Correa

KBC Enterprises Systems License #01190304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,190

Year Built

  • Built in 1917

Lot Details

  • 6,793 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Parking Spaces

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Dining Room with Fireplace
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2321
  • Assessor Parcel Number 5018025013

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $60
  • Insurance Expense $60
  • Trash Expense $65
  • Water Sewer Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,190

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 5018025013
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Dining Room
  • Levels: Two
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 65.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6793.00
  • Lot Size Acres: 0.1560

Multi Family

  • Electric Expense: 60.00
  • Gross Scheduled Income: 11400.00
  • Insurance Expense: 60.00
  • Lot Size Area: 6793.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 2321
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2020
Sold by
Alberto Delmy E and Angel Eloy A
Bought by
Angel Eloy A and Angel Alberto Delmy
Current Estimated Value
$888,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Outstanding Balance
$258,415
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$630,171

Purchase Details

Listed on
Mar 15, 2014
Closed on
Aug 22, 2014
Sold by
Serrano Sara S
Bought by
Alberto Delmy E and Angel Eloy A
Seller's Agent
Daniel Hernandez
Executive Bankers Realty
Buyer's Agent
Hector Correa
KBC Enterprises Systems
List Price
$419,000
Sold Price
$409,000
Premium/Discount to List
-$10,000
-2.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$401,591
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2010
Sold by
Navidad Leila
Bought by
Serrano Mario E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,761
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2010
Sold by
Casas Investments Llc
Bought by
Serrano Sara S and Serrano Mario E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,761
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Casas Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2009
Sold by
Avila Jose
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 8, 2005
Sold by
Avila Ana M
Bought by
Avila Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Avila Jose Isidoro
Bought by
Avila Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2004
Sold by
Aguilar Ana Maria
Bought by
Isidro Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2002
Sold by
Gomez Raul and Gomez Luis
Bought by
Aguilar Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.99%

Purchase Details

Closed on
Oct 21, 2002
Sold by
Gomez Concepcion A
Bought by
Gomez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.99%

Purchase Details

Closed on
Dec 27, 2000
Sold by
Gomez Carlos
Bought by
Gomez Raul

Purchase Details

Closed on
Dec 16, 1993
Sold by
Robert E Weiss Inc
Bought by
Ruiz Carlos
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
Angel Eloy A -- Provident Title Company
Alberto Delmy E $409,000 Wfg Title Company
Serrano Mario E -- Cctn
Serrano Sara S $319,000 Cctn
Casas Investments Llc $155,000 Chicago Title Company
Deutsche Bank National Trust Company $180,000 Servicelink
Avila Jose -- Alliance Title
Avila Jose -- --
Isidro Jose $330,000 Landsafe Title
Aguilar Ana Maria $209,000 Southland Title Corporation
Gomez Carlos -- Southland Title
Gomez Raul -- --
Ruiz Carlos $51,612 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angel Eloy A $374,000
Closed Alberto Delmy E $401,591
Previous Owner Serrano Sara S $314,761
Previous Owner Casas Investments Llc $131,750
Previous Owner Avila Jose $374,000
Previous Owner Isidro Jose $264,000
Previous Owner Aguilar Ana Maria $167,200
Closed Aguilar Ana Maria $41,800
Closed Isidro Jose $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2014 08/20/14 Sold $409,000 -2.4% $173 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
03/15/2014 03/15/14 For Sale $419,000 -- $177 / 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 $6,190 $491,547 $294,449 $197,098
2024 $6,190 $481,910 $288,676 $193,234
2023 $6,079 $472,462 $283,016 $189,446
2022 $5,809 $463,199 $277,467 $185,732
2021 $5,726 $454,118 $272,027 $182,091
2020 $5,780 $449,462 $269,238 $180,224
2019 $5,561 $440,650 $263,959 $176,691
2018 $5,454 $432,011 $258,784 $173,227
2016 $5,200 $415,237 $248,736 $166,501
2015 $5,127 $409,000 $245,000 $164,000
2014 $4,333 $333,393 $228,881 $104,512
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Daniel Hernandez

    Executive Bankers Realty

    (323) 523-4259

    45 Total Sales

    Daniel Hernandez
    Section Image

  • H

    Buyer's Agent in 2014

    Hector Correa

    KBC Enterprises Systems

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14058268

California Regional Multiple Listing Service (CRMLS)

APN: 5018-025-013

California Los Angeles County Los Angeles 90037 Vermont Square

614 W 48th St, Los Angeles, CA

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