V
Seller's Agent in 2024
Venus Martinez
Redfin Corporation
700 E 50th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $604,000 - $1,423,000
3
Beds
1.5
Baths
1,126
Sq Ft
$900/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
- No HOA
- 1 Car Direct Access Garage
- 4-minute walk to 49th Street Park
About This Home
As of October 2024Charming 3-Bedroom Home with Endless Potential in Prime LA Location Discover this gem nestled just moments away from the vibrant heart of downtown Los Angeles! This 3-bedroom, 1.5-bathroom home offers an unparalleled opportunity for first-time home buyers and savvy investors alike. Imagine customizing this residence to create the home of your dreams, or capitalize on the expansive lot to add additional units or an ADU. Key Features: Prime Location: Enjoy easy access to downtown LA, with its array of dining, shopping, and entertainment options. Spacious Lot: The generous lot size provides ample space for potential expansions, additional units, or an ADU. Investor’s Dream: With room to grow, this property presents a lucrative opportunity for investors seeking to maximize their return. Don’t miss out on this exceptional chance to own a versatile property in one of LA’s most sought-after areas. Whether you’re looking to create your perfect home or an investment masterpiece, this property is a rare find you won’t want to pass up! Schedule your viewing today and unlock the potential of this unique offering.
Last Agent to Sell the Property
Venus Martinez
Redfin Corporation Brokerage Phone: 562-201-3772 License #01206834 Listed on: 07/08/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1922
Lot Details
- 7,502 Sq Ft Lot
- Privacy Fence
- Block Wall Fence
- Fence is in good condition
- Density is up to 1 Unit/Acre
- Property is zoned LAR2
Parking
- 1 Car Direct Access Garage
- 7 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Composition Roof
Interior Spaces
- 1,126 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Combination Dining and Living Room
- Laminate Flooring
- Neighborhood Views
- Formica Countertops
- Laundry Room
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathtub with Shower
Outdoor Features
- Open Patio
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 23 / D
- Tax Tract Number 2292
- Assessor Parcel Number 5108013013
- $304 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Sep 20, 2024
Sold by
Miller Eric V and Miller Daryn S
Bought by
Pan Partnership Inc
Seller's Agent
Venus Martinez
Redfin Corporation
Buyer's Agent
Emmanuel Padilla
eXp Realty of California Inc.
List Price
$574,900
Sold Price
$560,000
Premium/Discount to List
-$14,900
-2.59%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,500
Avg. Annual Appreciation
57.83%
Original Mortgage
$915,000
Outstanding Balance
$902,044
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$111,456
Purchase Details
Closed on
Jan 15, 2013
Sold by
Miller Hubert Lawrence
Bought by
Miller Hubert Lawrence and Miller Eric V
Purchase Details
Closed on
Mar 1, 2006
Sold by
Miller Renee B
Bought by
Miller Hubert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.99%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 9, 1995
Sold by
Simmons Ollie V
Bought by
Simmons Ollie V and Miller Hubert Lawrence
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pan Partnership Inc | $560,000 | Title Forward | |
| Miller Hubert Lawrence | -- | None Available | |
| Miller Hubert | -- | Progressive Title | |
| Simmons Ollie V | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pan Partnership Inc | $915,000 | |
| Previous Owner | Miller Hubert | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $560,000 | -2.6% | $497 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 07/22/2024 07/22/24 | For Sale | $574,900 | +2.7% | $511 / Sq Ft |
| 07/17/2024 07/17/24 | Off Market | $560,000 | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $574,900 | -- | $511 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $606 | $560,000 | $500,000 | $60,000 |
| 2024 | $606 | $32,139 | $20,639 | $11,500 |
| 2023 | $598 | $31,510 | $20,235 | $11,275 |
| 2022 | $577 | $30,893 | $19,839 | $11,054 |
| 2021 | $564 | $30,288 | $19,450 | $10,838 |
| 2019 | $550 | $29,391 | $18,874 | $10,517 |
| 2018 | $476 | $28,815 | $18,504 | $10,311 |
| 2016 | $441 | $27,698 | $17,787 | $9,911 |
| 2015 | $436 | $27,283 | $17,520 | $9,763 |
| 2014 | $447 | $26,749 | $17,177 | $9,572 |
Source: Public Records
Agents Affiliated with this Home
-
Venus Martinez
-
Emmanuel Padilla
Buyer's Agent in 2024
Emmanuel Padilla
eXp Realty of California Inc.
(562) 587-6138
2 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24134802
APN: 5108-013-013
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 multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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