S
Seller's Agent in 2022
Susana Hernandez
Excellence RE Real Estate
(562) 252-0132
1 in this area
11 Total Sales
709 E 55th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $830,000 - $1,064,000
5
Beds
4
Baths
2,863
Sq Ft
$324/Sq Ft
Est. Value
About This Home
As of July 2022PRICE REDUCTION, PRICE REDUCTION, Excellent Investment Property, this great well maintained 4-plex consist of 1 unit, 2 bedroom 1 bath, and 3 units 1 bedroom 1 bath each, 3 garages, fully
occupied. Conveniently located to public transportation and stores. Located in fast growing neighborhood. Must see to appreciated .
Last Agent to Sell the Property
Excellence RE Real Estate License #01029371 Listed on: 01/19/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 5,568 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- 2,863 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 18
- Tax Tract Number 5144
- Assessor Parcel Number 5103010015
- $500 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,704
- Other Expense $84
- Water Sewer Expense $4,200
- New Taxes Expense $3,634
- Operating Expense $9,898
- Gross Income $56,076
- Net Operating Income $46,178
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2022
Closed on
May 20, 2022
Sold by
Maria Celina Valle Family Living Trust
Bought by
El Sol Investments Inc
Seller's Agent
Susana Hernandez
Excellence RE Real Estate
Buyer's Agent
William Ramirez
Realty One Group United
List Price
$900,000
Sold Price
$870,000
Premium/Discount to List
-$30,000
-3.33%
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
$57,212
Avg. Annual Appreciation
1.85%
Purchase Details
Closed on
Apr 9, 2013
Sold by
Valle Maria C
Bought by
Maria Celina Valle Family Living Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| El Sol Investments Inc | $870,000 | New Title Company Name | |
| Maria Celina Valle Family Living Trust | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2022 07/17/22 | Sold | $870,000 | -2.2% | $304 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | Price Changed | $890,000 | -1.1% | $311 / Sq Ft |
| 01/19/2022 01/19/22 | For Sale | $900,000 | -- | $314 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,143 | $905,148 | $603,432 | $301,716 |
| 2024 | $11,143 | $887,400 | $591,600 | $295,800 |
| 2023 | $10,932 | $870,000 | $580,000 | $290,000 |
| 2022 | $3,985 | $299,912 | $91,632 | $208,280 |
| 2021 | $3,924 | $294,033 | $89,836 | $204,197 |
| 2020 | $3,956 | $291,019 | $88,915 | $202,104 |
| 2019 | $3,814 | $285,314 | $87,172 | $198,142 |
| 2018 | $3,711 | $279,720 | $85,463 | $194,257 |
| 2016 | $3,523 | $268,861 | $82,146 | $186,715 |
| 2015 | $3,476 | $264,824 | $80,913 | $183,911 |
| 2014 | $3,513 | $259,638 | $79,329 | $180,309 |
Source: Public Records
Agents Affiliated with this Home
-
Susana Hernandez
-
William Ramirez
W
Buyer's Agent in 2022
William Ramirez
Realty One Group United
(323) 533-7597
1 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22011384
APN: 5103-010-015
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