NOT LISTED FOR SALE

702 W 49th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $699,000 - $1,593,893

2 Beds
1 Bath
1,416 Sq Ft
$901/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $200,000 $141 Per Sq Ft

Est. 538% increase in value since last sale

Current estimated payment $7,980/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Floor Furnace
  • 2-minute walk to Julian C. Dixon Park
  • Living Room
  • Carpet

About This Home

As of July 2015

Heavy fixer property south of downtown LA area. 2 bedroom/1 bathroom. No garage. Property is in need of extensive renovation. Short sale subject to lender approval.

Last Agent to Sell the Property

Oliver Moussa

Revilo Realty, Inc. License #01721353 Listed on: 04/25/2015

Last Buyer's Agent

Richard Schulman

Keller Williams Los Angeles License #01427211

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,333

Year Built

  • Built in 1912

Lot Details

  • 6,797 Sq Ft Lot
  • Property is zoned LARD2

Parking

  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 5018-023-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,333

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Colonial
  • Street Number Display: Yes
  • Living Area: 1416
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Washer
  • Price Per S Q F T: 158.90

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessor Parcel Number: 5018-023-043
  • Geocode Override: No
  • Lot Size Area: 6797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2022
Sold by
Cyprus Kip C and Cyprus Amy L
Bought by
Cyprus Kip C and Cyprus Amy L
Current Estimated Value
$1,275,723

Purchase Details

Closed on
Oct 15, 2021
Sold by
Cyprus Kip C and Cyprus Amy L
Bought by
Cyprus Kip C and Cyprus Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,022,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2021
Sold by
Ocean Development Inc
Bought by
Cyprus Kip C and Cyprus Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,022,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2020
Sold by
Schulbross Properties Llc
Bought by
Ocean Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Schulman Richard
Bought by
Schulbross Properties Llc

Purchase Details

Listed on
Apr 25, 2015
Closed on
Jul 20, 2015
Sold by
Williams Joe M
Bought by
Liebross Adam and Liebross Meredith I
Seller's Agent
Oliver Moussa
Revilo Realty, Inc.
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Aug 15, 2003
Sold by
Williams Earline
Bought by
Williams Joe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2000
Sold by
Williams Earline
Bought by
Williams Joe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
8.11%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Williams Joe
Bought by
Williams Joe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 28, 1996
Sold by
Williams Earline W
Bought by
Williams Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,660
Interest Rate
8.11%

Purchase Details

Closed on
Oct 21, 1996
Sold by
Watts Willie C
Bought by
Williams Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,660
Interest Rate
8.11%
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
Cyprus Kip C -- --
Cyprus Kip C -- Accommodation
Cyprus Kip C -- Accommodation
Ocean Development Inc $460,000 Lawyers Title Company
Schulbross Properties Llc -- Accommodation
Liebross Adam $200,000 Chicago Title Company
Williams Joe M -- Investors Title Company
Williams Joe M -- South Coast Title
Williams Joe M -- North American Title
Williams Joe -- Commonwealth Title
Williams Joe $78,000 Commoenwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cyprus Kip C $1,022,000
Previous Owner Ocean Development Inc $630,000
Previous Owner Schuibross Properties Llc $225,000
Previous Owner Williams Joe M $388,500
Previous Owner Williams Joe M $170,000
Previous Owner Williams Joe M $144,500
Previous Owner Williams Joe M $117,600
Previous Owner Williams Joe $30,000
Previous Owner Williams Joe $75,660
Closed Williams Joe M $117,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2015 07/20/15 Sold $200,000 -11.1% $141 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
04/25/2015 04/25/15 For Sale $225,000 -- $159 / Sq Ft
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 $12,333 $997,254 $702,270 $294,984
2024 $12,333 $977,700 $688,500 $289,200
2023 $12,104 $958,530 $675,000 $283,530
2022 $8,796 $703,000 $500,000 $203,000
2021 $5,724 $460,000 $368,000 $92,000
2020 $3,239 $243,546 $151,540 $92,006
2019 $3,120 $238,771 $148,569 $90,202
2018 $3,023 $234,090 $145,656 $88,434
2016 $3,182 $250,000 $140,000 $110,000
2015 $1,928 $151,763 $119,249 $32,514
2014 $1,944 $148,792 $116,914 $31,878
Source: Public Records

Agents Affiliated with this Home

  • Oliver Moussa

    Seller's Agent in 2015

    Oliver Moussa

    Revilo Realty, Inc.

    (310) 422-3374

    1 in this area

    231 Total Sales

    Oliver Moussa
    Section Image
  • Richard Schulman

    Buyer's Agent in 2015

    Richard Schulman

    Keller Williams Los Angeles

    (310) 482-0173

    1 in this area

    531 Total Sales

    Richard Schulman
    Section Image
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Map

Source: The MLS

MLS Number: 15-899635

The MLS

APN: 5018-023-043

California Los Angeles County Los Angeles 90037 Vermont Square

702 W 49th St, Los Angeles, CA

This home is located at 702 W 49th St, Los Angeles, CA 90037 since 25 April 2015 and is currently estimated at $1,275,723, approximately $900 per square foot. This property was built in 1912. 702 W 49th 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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