NOT LISTED FOR SALE

625 W 51st St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $940,000 - $1,156,000

8 Beds
4 Baths
2,616 Sq Ft
$411/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $990,000 $378 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,918/month

About This Home

As of September 2021

Calling all investors and developers!! Excellent opportunity to own an income-generating QUADRUPLEX with over 2600 sq ft living space on a6000+ sq ft lot. This property comprises four 2-bedroom 1-bath units and has the potential for rent growth with plans for two additional dwelling units (1br/1ba each). Three out of four units have good paying tenants. The fourth unit has recently been renovated with an upgraded electrical subpanel and can be delivered VACANT. Updated plumbing (2019), with blue copper piping. Property has a spacious yard with a four-car garage and ample parking for five vehicles on the lot. All units have separate gas and electrical meters AND four water meters! This neighborhood is perfectly located near the new LAFC Stadium, USC, LA Memorial Coliseum, and minutes away from LA Live/DTLA.

Last Agent to Sell the Property

Gabriela Pineda

West Shores Realty, Inc. License #02092770 Listed on: 07/16/2021

West Shores Realty, Inc.

Last Buyer's Agent

Frederick Howard

License #01475810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,786

Year Built

  • Built in 1926

Lot Details

  • 6,089 Sq Ft Lot
  • Front Yard

Interior Spaces

  • 2,616 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Window Bars
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Parking

  • 5 Open Parking Spaces
  • 9 Parking Spaces
  • 4 Covered Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, water, trash collection
  • Assessor Parcel Number 5018-020-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,786

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2616
  • Lot Acreage: 0.1398
  • Probate: No
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Kitchen, Living Room, Bath
  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 378.44

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 5
  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car, Uncovered, Driveway
  • Total Parking: 9

Utilities

  • Cooling: Wall/Window
  • Heating: Wall, Combination
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 4
  • Security: Window Bars

Lot Info

  • Assessed Improvement Percent: 41.86
  • Assessed Improvement Value: 234003
  • Assessed Land Percent: 58.14
  • Assessed Land Value: 325007
  • Total Assessed Value: 559010
  • Assessor Parcel Number: 5018-020-028
  • Lot Description: Front Yard, Curbs
  • Lot Size Area: 6089

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Trash Collection

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.00
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Apartment
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 14, 2021
Sold by
Medina Cruz Cecilia Reynoso
Bought by
Cortes Sebastian
Seller's Agent
Gabriela Pineda
West Shores Realty, Inc.
Buyer's Agent
Frederick Howard
List Price
$989,999
Sold Price
$990,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$1,076,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,000
Avg. Annual Appreciation
2.13%
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 1, 2021
Sold by
Aparicio Geraldo Vasquez
Bought by
Cortes Sebastian
Seller's Agent
Gabriela Pineda
West Shores Realty, Inc.
Buyer's Agent
Frederick Howard
List Price
$989,999
Sold Price
$990,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 16, 2004
Sold by
Cruz Yolanda Dominguez
Bought by
Aparicio Geraldo Vasquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Espinoza Pedro Daniel
Bought by
Aparicio Geraldo Vasquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Daniel Benjamin
Bought by
Espinoza Pedro Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Espinoza Pedro Daniel
Bought by
Espinoza Pedro Daniel and Daniel Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,531
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2001
Sold by
Daniel Benjamin
Bought by
Espinoza Pedro Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,316
Interest Rate
7.09%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Delphine Group Llc
Bought by
Espinoza Pedro Daniel and Daniel Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,637
Interest Rate
8.08%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 1999
Sold by
Evans Cami
Bought by
Evans Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.47%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 25, 1999
Sold by
Evans Donald M
Bought by
Delphine Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.47%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 12, 1999
Sold by
Norwest Bank Minnesota Na
Bought by
Evans Donald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.47%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 22, 1998
Sold by
Hawkins Juaquin
Bought by
Southern Pacific Secured Assets Corp Mtg

Purchase Details

Closed on
Mar 18, 1998
Sold by
Hawkins Juaquin
Bought by
Wilkinson Ronald

Purchase Details

Closed on
Jan 13, 1997
Sold by
Foreman Clemon
Bought by
Palmer Rodney

Purchase Details

Closed on
Nov 12, 1996
Sold by
Palmer Rodney
Bought by
Hawkins Juaquin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
10.6%
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
Cortes Sebastian -- Wfg National Title Co Of Ca
Cortes Sebastian $990,000 Wfg National Title Co Of Ca
Aparicio Geraldo Vasquez -- Fidelity National Title Co S
Aparicio Geraldo Vasquez $430,000 Fidelity National Title Co S
Espinoza Pedro Daniel -- Fidelity National Title Co S
Espinoza Pedro Daniel -- United Title Company
Espinoza Pedro Daniel -- Fidelity National Title Ins
Espinoza Pedro Daniel $289,000 United Title Company
Evans Donald M -- First American
Delphine Group Llc -- United Title Company
Evans Donald M $150,000 First American
Southern Pacific Secured Assets Corp Mtg $123,500 Fidelity National Title Ins
Wilkinson Ronald -- --
Palmer Rodney $128,000 --
Hawkins Juaquin $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cortes Sebastian $0
Previous Owner Cortes Sebastian $1,005,331
Previous Owner Aparicio Geraldo Vasquez $417,000
Previous Owner Aparicio Geraldo Vasquez $353,000
Previous Owner Espinoza Pedro Daniel $279,631
Previous Owner Espinoza Pedro Daniel $278,531
Previous Owner Espinoza Pedro Daniel $26,316
Previous Owner Daniel Benjamin $279,027
Previous Owner Espinoza Pedro Daniel $286,637
Previous Owner Evans Donald M $221,250
Previous Owner Evans Donald M $185,250
Previous Owner Hawkins Juaquin $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $990,000 0.0% $378 / Sq Ft
07/16/2021 07/16/21 For Sale $989,999 -- $378 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
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 $12,786 $1,050,595 $742,845 $307,750
2024 $12,786 $1,029,996 $728,280 $301,716
2023 $12,544 $1,009,800 $714,000 $295,800
2022 $11,972 $990,000 $700,000 $290,000
2021 $7,129 $564,801 $328,374 $236,427
2019 $6,925 $548,050 $318,635 $229,415
2018 $6,790 $537,305 $312,388 $224,917
2016 $6,105 $485,000 $335,000 $150,000
2015 $6,106 $485,000 $335,000 $150,000
2014 $4,013 $300,000 $176,200 $123,800
Source: Public Records

Agents Affiliated with this Home

  • Gabriela Pineda

    Seller's Agent in 2021

    Gabriela Pineda

    West Shores Realty, Inc.

    (626) 262-6084

    1 in this area

    5 Total Sales

    Gabriela Pineda
    Section Image

  • F

    Buyer's Agent in 2021

    Frederick Howard

See All Agents

Map

Source: The MLS

MLS Number: 21-761516

The MLS

APN: 5018-020-028

California Los Angeles County Los Angeles 90037 Vermont Square

625 W 51st St, Los Angeles, CA

This home is located at 625 W 51st St, Los Angeles, CA 90037 since 16 July 2021 and is currently estimated at $1,076,000, approximately $411 per square foot. This property was built in 1926. 625 W 51st St is a home located in Los Angeles County with nearby schools including Fifty-Second Street Elementary School, John Muir Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

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.

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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