NOT LISTED FOR SALE

687 E 48th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $688,000 - $843,348

4 Beds
2 Baths
1,669 Sq Ft
$454/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $180,000 $108 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $4,551/month

23 Days on Market

Highlights

  • Bungalow
  • Carpet
  • 4-minute walk to 49th Street Park

About This Home

As of May 2014

Each unit has 3 bed 1 Bath, but profile show 2 bedrooms 1 bathroom each one.Please Agents an buyers verify the information with the city. The House it's ready to move.

Last Agent to Sell the Property

Silvia Alvarez

Coldwell Banker Envision License #01899867 Listed on: 03/08/2013

Last Buyer's Agent

Silvia Alvarez

Coldwell Banker Envision License #01899867 Listed on: 03/08/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 6,518 Sq Ft Lot
  • Lot Dimensions are 40x162
  • Land Lease

Home Design

  • Bungalow
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,669 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 16 / A
  • Tax Tract Number 2292
  • Assessor Parcel Number 5108007010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • Gross Income $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5108007010
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 107.85

Exterior Features

  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size: 40x162
  • Lot Size Sq Ft: 6518.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 7
  • Tax Block: A
  • Tax Lot: 16
  • Tax Tract Number: 2292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Ganuza Adelaida E
Bought by
Gisabella Rodriguez and Ganuza Banos Jordan
Current Estimated Value
$757,087

Purchase Details

Listed on
Mar 8, 2013
Closed on
May 16, 2014
Sold by
Almaraz Jesus G
Bought by
Ganuza Adelaida E
Seller's Agent
Silvia Alvarez
Coldwell Banker Envision
Buyer's Agent
Silvia Alvarez
Coldwell Banker Envision
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$176,739
Outstanding Balance
$134,292
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$622,795

Purchase Details

Closed on
Jan 20, 2006
Sold by
Almaraz Maria De Jesus and Almaraz Rosalina
Bought by
Almaraz Jesus G and Almaraz Jose I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Almaraz Jose I
Bought by
Almaraz Jose I and Almaraz Jesus G

Purchase Details

Closed on
Dec 3, 2003
Sold by
Almaraz Rosalina and Almaraz Jesus
Bought by
Almaraz Jose I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1996
Sold by
Almaraz Jose I and Osegueda Jose I Almaraz
Bought by
Almaraz Jose I and Almaraz Rosalinas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.23%

Purchase Details

Closed on
Jun 14, 1994
Sold by
Tamayo Liana C
Bought by
Osegueda Jose I Almaraz and Almaraz Rosalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.75%
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
Gisabella Rodriguez -- First American Title
Ganuza Adelaida E $180,000 Orange Coast Title Company
Almaraz Jesus G -- None Available
Almaraz Jesus G -- None Available
Almaraz Jesus G -- New Century Title Company Lo
Almaraz Jesus G -- New Century Title Company Lo
Almaraz Jose I -- --
Almaraz Jose I -- Stewart Title
Almaraz Jose I -- Commonwealth Land Title
Osegueda Jose I Almaraz $160,000 Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganuza Adelaida E $176,739
Previous Owner Almaraz Jesus G $352,000
Previous Owner Almaraz Jose I $246,500
Previous Owner Almaraz Jose I $132,000
Previous Owner Osegueda Jose I Almaraz $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $180,000 -10.0% $108 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
12/18/2012 12/18/12 For Sale $200,000 -- $120 / 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 $7,575 $613,530 $418,317 $195,213
2024 $7,575 $601,501 $410,115 $191,386
2023 $7,432 $589,708 $402,074 $187,634
2022 $7,091 $578,146 $394,191 $183,955
2021 $3,947 $306,903 $192,524 $114,379
2020 $3,982 $303,757 $190,550 $113,207
2019 $3,834 $297,802 $186,814 $110,988
2018 $3,728 $291,963 $183,151 $108,812
2016 $3,551 $280,628 $176,040 $104,588
2015 $3,502 $276,413 $173,396 $103,017
2014 $7,066 $568,537 $341,124 $227,413
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Silvia Alvarez

    Coldwell Banker Envision

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1206168

California Regional Multiple Listing Service (CRMLS)

APN: 5108-007-010

California Los Angeles County Los Angeles 90011 South Park

687 E 48th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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