Michelle Covington
Compass
(323) 416-3171
23 Total Sales
1 in South Park
$700,000 Price
709 E 55th St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $905,854
5
Beds
4
Baths
2,863
Sq Ft
$316/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
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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
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
Jan 19, 2022
Closed on
May 20, 2022
Sold by
Maria Celina Valle Family Living Trust
Bought by
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
$35,854
Avg. Annual Appreciation
0.97%
Purchase Details
Closed on
Apr 9, 2013
Sold by
Valle Maria C
Bought by
Maria Celina Valle Family Living Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Park, CA
-
Michelle Covington
-
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
-
Laura Dandoy
Laura Dandoy
The Real Estate Resource Group
(626) 784-4821
255 Total Sales
1 in South Park
$330,000 Price
-
Harry Eaves
Harry Eaves
Keller Williams Coastal Prop.
(669) 208-7941
28 Total Sales
1 in South Park
$610,000 Price
-
Erica Walden
Erica Walden
Responds QuicklyCompass
(424) 372-0972
39 Total Sales
1 in South Park
$540,000 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 |
|---|---|---|---|
| $870,000 | New Title Company Name | ||
| Maria Celina Valle Family Living Trust | -- | None Available |
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 | $219,000 | ||
| Previous Owner | Valle Maria Celina | $336,000 |
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 |
|---|---|---|---|---|
| 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
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 | $11,278 | $923,250 | $615,500 | $307,750 |
| 2025 | $11,278 | $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
SH
Seller's Agent in 2022
Susana Hernandez
Excellence RE Real Estate
(562) 252-0132
1 in this area
12 Total Sales
-
William Ramirez
WR
Buyer's Agent in 2022
William Ramirez
Realty One Group United
(323) 533-7597
1 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22011384
APN: 5103-010-015
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 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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