NOT LISTED FOR SALE

632 E 45th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $680,585 - $812,000

7 Beds
3 Baths
2,322 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $580,000 $250 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,442/month

32 Days on Market

Highlights

  • Dual Staircase
  • Private Yard
  • Park
  • Property is near public transit
  • No HOA
  • Level Lot

About This Home

As of February 2021

Welcome home to bread and butter income property
632 is a 2 story home built in 1913 consists of 5 bedrooms 2 bathrooms, 1510 square feet
unit 634 is a single-story home built-in 1964 consist of 2 bedrooms, 1 full bath, 812 square feet,1 car detached garage in the rear
lots size 6129 square feet

close to all amenities schools, freeway access, shops, public transportation, Metro Link
points of interest: Griffin Observatory, the Getty, Chinese theater, Vintage Hollywood and walk of fame, Walt Disney concert hall so many things to do and explore and do

Last Agent to Sell the Property

Irma Leon

RE/MAX TIME REALTY License #01309700 Listed on: 10/22/2020

RE/MAX TIME REALTY

Last Buyer's Agent

Rodrigo Chavez

EMPIRE REALTY GROUP License #01356114

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,129 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping
  • Level Lot
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,322 Sq Ft Home
  • Dual Staircase

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer
  • Legal Lot and Block 4 / B
  • Assessor Parcel Number 5108003004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $124
  • Trash Expense $100
  • Water Sewer Expense $120
  • New Taxes Expense $176
  • Operating Expense $519
  • Gross Income $3,980
  • Net Operating Income $3,461

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Tenants to remain
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Water Sewer Expenses: 120.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5108003004
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 249.78

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Near Public Transit, No Landscaping, Yard
  • Lot Size Sq Ft: 6129.00
  • Lot Size Acres: 0.1407

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer

Multi Family

  • Gross Income: 3980.00
  • Gross Scheduled Income: 3980.00
  • Gross Spendable Income: 3680.00
  • Insurance Expense: 124.00
  • Lot Size Area: 6129.0000 Square Feet
  • Net Operating Income: 3461.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 519.00
  • Rent Control: Yes
  • Total Actual Rent: 2.00
  • Total Expenses: 519.00

Tax Info

  • New Taxes Expense: 176.00
  • Tax Block: B
  • Tax Census Tract: 2286.00
  • Tax Lot: 4
  • Tax Tract Number: MB7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2006
Sold by
Orozco Jaime
Bought by
Orozco Jaime and Jaime Orozco Revocable Trust
Current Estimated Value
$723,396
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orozco Jaime -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2021 02/19/21 Sold $580,000 -1.7% $250 / Sq Ft
01/26/2021 01/26/21 Price Changed $590,000 -6.3% $254 / Sq Ft
12/23/2020 12/23/20 Price Changed $630,000 -7.4% $271 / Sq Ft
10/22/2020 10/22/20 For Sale $680,000 -- $293 / 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 $7,915 $627,809 $432,972 $194,837
2024 $7,755 $615,500 $424,483 $191,017
2023 $7,608 $603,432 $416,160 $187,272
2022 $7,259 $591,600 $408,000 $183,600
2021 $2,067 $146,390 $48,791 $97,599
2020 $2,081 $144,890 $48,291 $96,599
2019 $2,011 $142,050 $47,345 $94,705
2018 $1,941 $139,266 $46,417 $92,849
2016 $1,832 $133,860 $44,615 $89,245
2015 $1,808 $131,850 $43,945 $87,905
2014 $1,828 $129,269 $43,085 $86,184
Source: Public Records

Agents Affiliated with this Home

  • Irma Leon

    Seller's Agent in 2021

    Irma Leon

    RE/MAX

    (909) 910-3843

    1 in this area

    9 Total Sales

    Irma Leon
    Section Image
  • Rodrigo Chavez

    Buyer's Agent in 2021

    Rodrigo Chavez

    EMPIRE REALTY GROUP

    (909) 800-1207

    1 in this area

    73 Total Sales

    Rodrigo Chavez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20223649

California Regional Multiple Listing Service (CRMLS)

APN: 5108-003-004

California Los Angeles County Los Angeles 90011 South Park

632 E 45th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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