Seller's Agent in 2016
Pernicia Jordan
Home Smart Realty Group
(562) 685-9001
11 Total Sales
714 W 48th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $718,000 - $776,753
10
Beds
5
Baths
4,522
Sq Ft
$165/Sq Ft
Est. Value
About This Home
As of July 2016FANTASTIC INVESTMENT OPPORTUNITY with long term tenancy!! All 2 bedrooms/1 bath with washer/dryer hookups in each unit. 5 parking spaces in the rear of the building. 5 separate gas meters. Stable rents with a 5.5% cap rate.
Last Agent to Sell the Property
Home Smart Realty Group License #01911382 Listed on: 06/09/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $857
Year Built
- Built in 1964
Lot Details
- 6,600 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 4,522 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Parking
- 10 Parking Spaces
- Parking Available
- Covered Parking
- Parking Lot
Location
- Urban Location
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 2292
- Assessor Parcel Number 5108010030
Community Details
Overview
- 5 Units
Building Details
- 5 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $808
- Insurance Expense $1,870
- Maintenance Expense $9,277
- Water Sewer Expense $3,647
- New Taxes Expense $9,000
- Gross Income $5,393
- Net Operating Income $40,117
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 9, 2005
Sold by
Dixon Ethel L
Bought by
Dixon Ethel L and Ethel L Dixon Living Trust Entity #1
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dixon Ethel L | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2016 07/15/16 | Sold | $701,000 | -2.6% | $155 / Sq Ft |
| 06/13/2016 06/13/16 | Pending | -- | -- | -- |
| 06/09/2016 06/09/16 | For Sale | $720,000 | -- | $159 / 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 | $857 | $41,607 | $25,462 | $16,145 |
| 2024 | $857 | $40,792 | $24,963 | $15,829 |
| 2023 | $851 | $39,993 | $24,474 | $15,519 |
| 2022 | $827 | $39,210 | $23,995 | $15,215 |
| 2021 | $804 | $38,442 | $23,525 | $14,917 |
| 2019 | $788 | $37,304 | $22,828 | $14,476 |
| 2018 | $703 | $36,574 | $22,381 | $14,193 |
| 2016 | $655 | $35,156 | $21,513 | $13,643 |
| 2015 | $649 | $34,629 | $21,190 | $13,439 |
| 2014 | $668 | $33,951 | $20,775 | $13,176 |
Source: Public Records
Agents Affiliated with this Home
-
Pernicia Jordan
-
Kyle Young
Buyer's Agent in 2016
Kyle Young
3L Properties, Inc.
(213) 291-0701
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16124149
APN: 5018-024-008
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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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