NOT LISTED FOR SALE

700 E Vernon Ave Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $552,000 - $694,000

2 Beds
2 Baths
2,072 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $200,000 $97 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,634/month

123 Days on Market

About This Home

As of June 2012

DUPLEX, REGULAR SALE!!!... Duplex, 1 bed/1 bath, 4 bed, 2 bath; Sellers recently replaced most of the plumbing(copper) and drain lines, water heaters, wall heaters...FHA OK.

Last Agent to Sell the Property

Jaime Romero

Inbanet Realty License #01776507 Listed on: 02/02/2012

Last Buyer's Agent

Jaime Romero

Inbanet Realty License #01776507 Listed on: 02/02/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 4,922

Home Design

  • 2,072 Sq Ft Home
  • Shingle Roof
  • Wood Roof
  • Stucco

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 5108002034

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $2,327
  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5108002034
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 96.53

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 1500.00
  • Gross Multiplier: 11.94
  • Gross Scheduled Income: 18000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 2327.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Munoz Rosa Lopez
Bought by
Sanchez Alma C
Current Estimated Value
$618,727

Purchase Details

Closed on
Aug 14, 2024
Sold by
Sanchez Alma C
Bought by
Sanchez Alma C and Munoz Rosa Lopez

Purchase Details

Closed on
Aug 8, 2024
Sold by
Sanchez Alma C
Bought by
Sanchez Alma C and Munoz Rosa Lopez

Purchase Details

Closed on
Nov 3, 2023
Sold by
Munoz Rosa Lopez and Salazar Jonathan
Bought by
Sanchez Alma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 29, 2022
Sold by
Munoz Rosa Lopez and Munoz Benito Lopez
Bought by
Munoz Rosa Lopez and Salazar Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,500
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2018
Sold by
Munoz Rosa Lopez
Bought by
Munoz Rosa Lopez and Munoz Benito Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,652
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2015
Sold by
Munoz Rosa Lopez
Bought by
Munoz Rosa Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Castillo Hector Manuel
Bought by
Lopez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2009
Sold by
Us Bank National Association
Bought by
Castillo Hector Manuel and Castillo Belen C

Purchase Details

Closed on
Sep 30, 2008
Sold by
Leal Marco Antonio
Bought by
Lasalle Bank Na

Purchase Details

Closed on
May 20, 2008
Sold by
Leal Marco Antonio
Bought by
First Capital Equities Llc

Purchase Details

Closed on
Oct 2, 2006
Sold by
Hernandez Daniel
Bought by
Leal Marco Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2006
Sold by
Arzola Martha L
Bought by
Hernandez Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 19, 2004
Sold by
Orozco Reynaldo A
Bought by
Arzola Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,200
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Arzola Consuelo
Bought by
Orozco Reynaldo A

Purchase Details

Closed on
Apr 21, 2003
Sold by
Sanchez Jose A
Bought by
Arzola Martha L and Orozco Reynaldo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1999
Sold by
Sanchez Jose A and Sanchez Rosa E
Bought by
Sanchez Jose A and Sanchez Rosa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
7.2%

Purchase Details

Closed on
Mar 14, 1996
Sold by
Sanchez Osma A
Bought by
Sanchez Jose A and Sanchez Rose E

Purchase Details

Closed on
Jan 31, 1994
Sold by
Hernandez Jose
Bought by
Sanchez Jose A and Sanchez Rosa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,242
Interest Rate
8.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sanchez Alma C -- --
Sanchez Alma C -- None Listed On Document
Sanchez Alma C -- None Listed On Document
Sanchez Alma C $483,000 California Best Title
Sanchez Alma C -- California Best Title
Munoz Rosa Lopez -- Lawyers Title
Munoz Benito Lopez -- Lawyers Title Company
Munoz Rosa Lopez -- First American Title Company
Lopez Rosa $200,000 Advantage Title Inc
Castillo Hector Manuel $109,000 Lsi Title Company Ca
Lasalle Bank Na $153,025 None Available
First Capital Equities Llc -- Chicago Title Company
Leal Marco Antonio $598,000 Chicago Title
Hernandez Daniel R $435,000 Lawyers Title
Arzola Martha L -- United Title Company-La
Arzola Martha L -- United Title Company-La
Orozco Reynaldo A -- United Title Company
Arzola Martha L -- United Title Company
Arzola Martha L $245,000 United Title Company
Sanchez Jose A -- Southland Title Corporation
Sanchez Jose A -- --
Sanchez Jose A $167,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Alma C $40,500
Previous Owner Munoz Rosa Lopez $328,652
Previous Owner Munoz Rosa Lopez $231,000
Previous Owner Lopez Rosa $194,930
Previous Owner Leal Marco Antonio $478,400
Previous Owner Hernandez Daniel R $348,000
Previous Owner Arzola Martha L $265,200
Previous Owner Arzola Martha L $196,000
Previous Owner Sanchez Jose A $159,900
Previous Owner Sanchez Jose A $163,242
Closed Arzola Martha L $49,000
Closed Arzola Martha L $31,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $200,000 -13.0% $97 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $229,900 -- $111 / 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 $4,777 $492,660 $336,600 $156,060
2024 $4,777 $367,930 $293,796 $74,134
2023 $4,690 $360,717 $288,036 $72,681
2022 $3,117 $236,714 $143,213 $93,501
2021 $3,077 $232,073 $140,405 $91,668
2019 $2,991 $225,192 $136,242 $88,950
2018 $2,894 $220,777 $133,571 $87,206
2016 $2,762 $212,206 $128,385 $83,821
2015 $2,724 $209,019 $126,457 $82,562
2014 $2,746 $204,925 $123,980 $80,945
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jaime Romero

    Inbanet Realty

  • Esmeralda Rivera

    Buyer Co-Listing Agent in 2012

    Esmeralda Rivera

    Excellence RE Real Estate Inc

    (562) 755-1595

    62 Total Sales

    Esmeralda Rivera
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200696

California Regional Multiple Listing Service (CRMLS)

APN: 5108-002-034

California Los Angeles County Los Angeles 90011 South Park

700 E Vernon Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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