NOT LISTED FOR SALE

708 W 40th Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $811,000 - $1,020,807

7 Beds
3 Baths
2,295 Sq Ft
$388/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $552,000 $241 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,644/month

12 Days on Market

About This Home

As of August 2017

Good and beautiful well maintained duplex with original charm. Near the Los Angeles Natural History Museum and USC--. This is a great 4 bedrooms 2 baths, and 3/1. Nice and clean area, near by schools,public transportation, easy access to fwys.
Minutes from down town LA.

Last Agent to Sell the Property

Minerva Moreno

UNITED BROKERS REALTY License #01196169 Listed on: 05/26/2017

Last Buyer's Agent

Marina Burgos

Park Regency Realty License #01818048

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,765

Year Built

  • Built in 1910

Lot Details

  • 5,400 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • 2,295 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 2317
  • Assessor Parcel Number 5019024005

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,765

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5019024005
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 240.52

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 5400.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2317.20
  • Tax Lot: 27
  • Tax Tract Number: 2317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
Jun 22, 2017
Sold by
Ah Capital Llc
Bought by
Alfred Budlong Llc
Seller's Agent
Minerva Moreno
UNITED BROKERS REALTY
Buyer's Agent
Marina Burgos
Park Regency Realty
List Price
$485,000
Sold Price
$552,000
Premium/Discount to List
$67,000
13.81%
Current Estimated Value
$912,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,766
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Nov 9, 2015
Sold by
Halaris Nicholas R
Bought by
Ah Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2013
Sold by
Ah Capital Llc
Bought by
Halaris Nicholas R and Young John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Delopez Ana Aracely Luna
Bought by
Ah Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2012
Sold by
Luna Moises G
Bought by
Delopez Ana Aracely Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2006
Sold by
Delopez Ana Aracely Luna
Bought by
Luna Moises G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
1.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 11, 2004
Sold by
Rivas Luz Idalia
Bought by
Luna Moises G

Purchase Details

Closed on
May 23, 1995
Sold by
Luna Ana Francisca
Bought by
Lopez Ana
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
Alfred Budlong Llc $552,000 Old Republic Title Company
Ah Capital Llc -- Accommodation
Halaris Nicholas R -- American Coast Title
Young John R -- American Coast Title
Halaris Nicholas R -- American Coast Title
Ah Capital Llc $195,000 None Available
Delopez Ana Aracely Luna -- Accommodation
Luna Moises G -- Accommodation
Delopez Ana Aracely Luna -- North American Title Co
Luna Moises G -- --
Luna Moises G -- --
Lopez Ana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfred Budlong Llc $331,200
Previous Owner Ah Capital Llc $347,500
Previous Owner Ah Capital Llc $297,500
Previous Owner Halaris Nicholas R $273,000
Previous Owner Ah Capital Llc $126,000
Previous Owner Lopez Ana A $340,000
Previous Owner Lopez Jose A $180,000
Previous Owner Lopez Ana A $164,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $552,000 +13.8% $241 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $485,000 +148.7% $211 / Sq Ft
11/08/2012 11/08/12 Sold $195,000 -13.3% $85 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $225,000 -- $98 / 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 $7,765 $628,076 $502,918 $125,158
2024 $7,765 $615,761 $493,057 $122,704
2023 $7,622 $603,689 $483,390 $120,299
2022 $7,278 $591,853 $473,912 $117,941
2021 $7,179 $580,249 $464,620 $115,629
2019 $6,969 $563,040 $450,840 $112,200
2018 $6,862 $552,000 $442,000 $110,000
2016 $4,755 $380,000 $300,000 $80,000
2015 $5,393 $433,491 $305,994 $127,497
2014 $5,423 $425,000 $300,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Minerva Moreno

    Seller's Agent in 2017

    Minerva Moreno

    UNITED BROKERS REALTY

    (562) 843-3190

    43 Total Sales

    Section Image

  • M

    Buyer's Agent in 2017

    Marina Burgos

    Park Regency Realty

    (818) 312-4291

    17 Total Sales

    Section Image

  • A

    Seller's Agent in 2012

    Aida Pinto

    United Associated Brokers

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,781 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17117990

California Regional Multiple Listing Service (CRMLS)

APN: 5019-024-005

California Los Angeles County Los Angeles 90037 Vermont Square

708 W 40th Place, Los Angeles, CA

This home is located at 708 W 40th Place, Los Angeles, CA 90037 since 26 May 2017 and is currently estimated at $891,202, approximately $388 per square foot. This property was built in 1910. 708 W 40th Place is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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