NOT LISTED FOR SALE

625 E 56th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $773,000 - $1,025,000

5 Beds
2 Baths
1,920 Sq Ft
$442/Sq Ft Est. Value

Last Sold January 09, 2013

Last sale price $289,000 $151 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $4,824/month

About This Home

As of January 2013

Centrally Located Duplex in the Heart of Los Angeles. Close to Downtown, USC, East L.A, South L.A. and the surrounding suburbs. Front unit is 3 Bedroom 1 Bathroom. Rear unit is 2 Bedroom and 1 Bathroom. Great for Investors and Buyers looking to live in one and rent the other. Must See!

Last Agent to Sell the Property

TIMOTHY PAI

No Firm Affiliation License #01786441 Listed on: 12/28/2012

No Firm Affiliation

Last Buyer's Agent

Luis Roman

ROMAN REALTY License #01413693

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,574 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 1,920 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 5144
  • Assessor Parcel Number 5103012022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,500
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Type: Residential Income
  • Parcel Number: 5103012022
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 150.52

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Lot Info

  • Lot Size Sq Ft: 5574.00
  • Lot Size Acres: 0.1280

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Lot Size Area: 5574.0000 Square Feet
  • Net Operating Income: 30000.00
  • 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: Yes

Tax Info

  • Tax Lot: 71
  • Tax Tract Number: 5144
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Nov 27, 2012
Sold by
Santa Rosa Partners Llc
Bought by
Lopez Elizabeth Rezo
Seller's Agent
TIMOTHY PAI
No Firm Affiliation
Buyer's Agent
Luis Roman
ROMAN REALTY
Sold Price
$289,000
Current Estimated Value
$848,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,470
Avg. Annual Appreciation
8.64%
Original Mortgage
$232,000
Outstanding Balance
$159,403
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$689,067

Purchase Details

Closed on
Apr 19, 2010
Sold by
Curry Linda J
Bought by
Santa Rosa Partners Llc

Purchase Details

Closed on
Oct 5, 2009
Sold by
Curry Linda J and Brown Michael
Bought by
Curry Linda J and Brown Michael

Purchase Details

Closed on
Sep 11, 2009
Sold by
Curry Linda J
Bought by
Curry Linda J and Brown Michael

Purchase Details

Closed on
Feb 27, 2002
Sold by
Wilbourn John Michael
Bought by
Curry Linda J

Purchase Details

Closed on
Sep 18, 1998
Sold by
Wilbourn John Michael
Bought by
Wilbourn John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Elizabeth Rezo $290,000 Fidelity National Title Co
Santa Rosa Partners Llc $160,000 None Available
Curry Linda J -- None Available
Curry Linda J -- None Available
Curry Linda J -- --
Wilbourn John Michael -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Elizabeth Rezo $232,000
Previous Owner Wilbourn John Michael $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2013 01/09/13 Sold $289,000 -- $151 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
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 $4,640 $357,104 $178,552 $178,552
2024 $4,544 $350,102 $175,051 $175,051
2023 $4,461 $343,238 $171,619 $171,619
2022 $4,260 $336,508 $168,254 $168,254
2021 $4,200 $329,910 $164,955 $164,955
2020 $4,238 $326,528 $163,264 $163,264
2019 $4,079 $320,126 $160,063 $160,063
2018 $3,996 $313,850 $156,925 $156,925
2016 $3,805 $301,666 $150,833 $150,833
2015 $3,752 $297,136 $148,568 $148,568
2014 $3,776 $291,316 $145,658 $145,658
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    TIMOTHY PAI

    No Firm Affiliation

    Section Image

  • L

    Buyer's Agent in 2013

    Luis Roman

    ROMAN REALTY

    (626) 533-2198

    10 Total Sales

    Luis Roman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12123251

California Regional Multiple Listing Service (CRMLS)

APN: 5103-012-022

California Los Angeles County Los Angeles 90011 South Park

625 E 56th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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