Silvestre Medel
Excellence RE Real Estate, Inc.
(858) 256-8987
56 Total Sales
1 in South Park
$530,000 Price
709 E 49th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $555,000 - $867,847
5
Beds
2
Baths
1,940
Sq Ft
$355/Sq Ft
Est. Value
Highlights
- Ceiling Fan
- 1-Story Property
- 1-minute walk to 49th Street Park
About This Home
As of July 2024This 2-unit fully occupied investment property has beautiful architecture, charm, and curb appeal and is located on a safe street across from an elementary school. 5.25% cap rate on current rents at asking price, and a below market $290k per unit and $298 per RSF. Great combination of in-place cash flow, along with value-add / rental upside potential for a first-time investor. Great mix of a detached front 3 Bed/1 Bath house, and a 2 Bed/1 Bath unit in the back, and on-site parking for both units. Low operating expenses as both units pay for gas, electricity and trash, and each have their own in-unit water heaters. Located exactly 2 miles away from Exposition Park as tenants get to enjoy close proximity to BMO Stadium, LA Coliseum, the new $1B George Lucas Museum, California Science Center and Natural History Museum. Both units will be delivered occupied at closing -- no vacancies.
Last Agent to Sell the Property
Avenue Realty Group License #02010400 Listed on: 03/11/2024
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Home Details
Home Type
- Single Family
Year Built
- Built in 1895
Lot Details
- 6,599 Sq Ft Lot
- Property is zoned LAR2
Interior Spaces
- 1,940 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Assigned Parking
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- 2 Units
- Rent Control
Listing and Financial Details
- Tenant pays for gas, electricity, trash collection
- The owner pays for water
- Assessor Parcel Number 5108-010-033
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2024
Closed on
Jun 28, 2024
Sold by
Orenstein Steven Michael
Bought by
Seller's Agent
Jonathan Rawson
Avenue Realty Group
Buyer's Agent
Amado Benitez
Calhomes Realty
List Price
$580,000
Sold Price
$520,000
Premium/Discount to List
-$60,000
-10.34%
Views
143
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
$217,008
Avg. Annual Appreciation
13.95%
Purchase Details
Closed on
Feb 2, 2024
Sold by
Orenstein Randi
Bought by
Orenstein Trust and Orenstein
Purchase Details
Closed on
Feb 22, 2022
Sold by
Hayden Ellmore
Bought by
Ellmore Curtis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 22, 2019
Sold by
Ferndale Sfla1 Llc
Bought by
Ferndale Sfla1 Llc
Purchase Details
Closed on
Jul 5, 2018
Sold by
Ellmore Curtis
Bought by
Ferndale Sfla1 Llc
Purchase Details
Closed on
Nov 6, 2015
Sold by
Ellmore Curtis and Orenstein Steven
Bought by
Ellmore Curtis
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
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2015
Sold by
Orenstein Steven
Bought by
Orenstein Randi
Purchase Details
Listed on
Dec 21, 2012
Closed on
Apr 15, 2013
Sold by
Ellmore Curtis
Bought by
Ellmore Curtis and Orenstein Steven
Seller's Agent
Elmon Leggett
Realty Excel
Buyer's Agent
Charlie Pullman
PATRICIA JO ARCURI
List Price
$206,000
Sold Price
$236,000
Premium/Discount to List
$30,000
14.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$171,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 21, 2012
Closed on
Feb 26, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Ellmore Curtis
Seller's Agent
Elmon Leggett
Realty Excel
Buyer's Agent
Charlie Pullman
PATRICIA JO ARCURI
List Price
$206,000
Sold Price
$236,000
Premium/Discount to List
$30,000
14.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 3, 2011
Sold by
Valle J Inocente
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Feb 15, 2006
Sold by
Rosales Veronica
Bought by
Valle J Inocente
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
7.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2000
Sold by
Valle Abraham
Bought by
Valle Inocente
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
9.75%
Purchase Details
Closed on
Sep 21, 1995
Sold by
Bablot Steven R and Bablot Susan V
Bought by
Valle Inocente and Valle Abraham
Purchase Details
Closed on
Apr 14, 1995
Sold by
Chatman Lucille and Barr Margaret
Bought by
Bablot Steven R and Bablot Susan V
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Park, CA
-
Silvestre Medel
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
31 Total Sales
1 in South Park
$550,000 Price
-
Michelle Covington
Michelle Covington
Compass
(323) 416-3171
24 Total Sales
1 in South Park
$700,000 Price
-
Jared Nuñez
Jared Nuñez
Ambiance Realty
(562) 568-7742
145 Total Sales
1 in South Park
$800,000 Price
-
Michele Steggell
Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
46 Total Sales
1 in South Park
$570,000 Price
-
CHEVY ALA
CHEVY ALA
HOMEQUEST REAL ESTATE
(626) 602-8465
20 Total Sales
1 in South Park
$661,900 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title Company | ||
| Lizardo Pedro | $520,000 | Chicago Title Company | |
| Orenstein Trust | -- | None Listed On Document | |
| Ellmore Curtis | -- | Progressive Title | |
| Ellmore Curtis | -- | Progressive Title | |
| Ferndale Sfla1 Llc | -- | Progressive Title | |
| Ferndale Sfla1 Llc | -- | None Available | |
| Ferndale Sfla1 Llc | -- | None Available | |
| Ellmore Curtis | -- | Usa National Title | |
| Orenstein Randi | -- | Accommodation | |
| Ellmore Curtis | -- | None Available | |
| Ellmore Curtis | $236,000 | Servicelink | |
| Deutsche Bank National Trust Company | $180,200 | None Available | |
| Valle J Inocente | -- | Security Union Title | |
| Valle J Inocente | -- | Sutic | |
| Valle Inocente | -- | Lawyers Title Company | |
| Valle Inocente | $157,500 | American Title Ins Co | |
| Bablot Steven R | $90,000 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $247,000 | ||
| Previous Owner | Ellmore Curtis | $273,000 | |
| Previous Owner | Ellmore Curtis | $171,500 | |
| Previous Owner | Valle J Inocente | $340,000 | |
| Previous Owner | Valle Inocente | $276,000 | |
| Previous Owner | Valle Inocente | $210,000 | |
| Previous Owner | Valle Inocente | $184,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/05/2024 07/05/24 | Sold | $520,000 | -10.3% | $268 / Sq Ft | |
| 06/12/2024 06/12/24 | Pending | -- | -- | -- | |
| 05/30/2024 05/30/24 | For Sale | $580,000 | 0.0% | $299 / Sq Ft | |
| 04/01/2024 04/01/24 | Pending | -- | -- | -- | |
| 03/11/2024 03/11/24 | For Sale | $580,000 | +145.8% | $299 / Sq Ft | |
| 04/10/2013 04/10/13 | Sold | $236,000 | +14.6% | $201 / Sq Ft | View Prior Sale |
| 01/11/2013 01/11/13 | Pending | -- | -- | -- | |
| 12/21/2012 12/21/12 | For Sale | $206,000 | -- | $175 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,600 | $620,160 | $456,960 | $163,200 |
| 2025 | $7,600 | $608,000 | $448,000 | $160,000 |
| 2024 | $5,820 | $456,115 | $302,491 | $153,624 |
| 2023 | $5,712 | $447,172 | $296,560 | $150,612 |
| 2022 | $5,452 | $438,405 | $290,746 | $147,659 |
| 2021 | $5,378 | $429,810 | $285,046 | $144,764 |
| 2020 | $5,429 | $425,404 | $282,124 | $143,280 |
| 2019 | $4,869 | $387,040 | $207,713 | $179,327 |
| 2018 | $4,791 | $379,452 | $203,641 | $175,811 |
| 2016 | $4,566 | $364,720 | $195,735 | $168,985 |
| 2015 | $3,114 | $242,831 | $184,429 | $58,402 |
| 2014 | -- | $238,075 | $180,817 | $57,258 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Rawson
Seller's Agent in 2024
Jonathan Rawson
Avenue Realty Group
(424) 293-1391
2 in this area
15 Total Sales
-
Amado Benitez
AB
Buyer's Agent in 2024
Amado Benitez
Calhomes Realty
(323) 229-4282
1 in this area
7 Total Sales
-
Elmon Leggett
EL
Seller's Agent in 2013
Elmon Leggett
Realty Excel
(310) 242-3147
5 Total Sales
-
CP
Buyer's Agent in 2013
Charlie Pullman
PATRICIA JO ARCURI
Map
Source: The MLS
MLS Number: 24-367197
APN: 5108-010-033
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.
© 2026 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.
Information is deemed reliable but not guaranteed.
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