NOT LISTED FOR SALE

721 E 55th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $983,000 - $1,164,000

5 Beds
3 Baths
1,767 Sq Ft
$618/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $629,000 $356 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,469/month

Highlights

  • Fireplace in Bathroom
  • Living Room
  • Central Heating
  • No HOA
  • Laundry Room
  • 5-minute walk to South Los Angeles Wetlands Park

About This Home

As of August 2016

NO RENT CONTROL! 2016 NEW BUILT DUPLEX (10 BEDROOMS/6 BATHROOMS) FRONT UNIT 1: 5 SPACIOUS BEDROOMS / 3 FULL BATHROOMS. BACK UNIT 2: 5 SPACIOUS BEDROOMS / 3 FULL BATHROOMS. DESIGNER PAINT, UPGRADED KITCHENS WITH GRANITE COUNTER TOPS AND NEW CABINETRY. INDOOR WASHER/DRYER AREA W/BUILT-IN CONNECTIONS. CENTRAL A/C HEAT. WOOD LAMINATE, CERAMIC TILE FLOORING AND CARPET. 2 CAR GARAGE WITH A FULL-LENGTH DRIVEWAY PLUS PLENTY OF PARKING SPACE. FRONT UNIT CAN ENTER FROM THE FRONT, BACK UNIT CAN ENTER FROM THE BACK.

Last Agent to Rent the Property

Brian Jung

BJ Realty License #01946975 Listed on: 05/24/2016

Last Renter's Agent

Brian Jung

BJ Realty License #01946975 Listed on: 05/24/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 5,566

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Assigned Parking
  • Unassigned Parking

Interior Spaces

  • 1,767 Sq Ft Home
  • Living Room
  • Family or Dining Combination
  • Gas Oven

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • 5,566 Sq Ft Lot
  • Urban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes gardener, water
  • 12-Month Minimum Lease Term
  • Tax Lot 21
  • Tax Tract Number 5144
  • Assessor Parcel Number 5103010019

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 35
  • Deposit Pets: 500
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5103010019
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1767.00
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: In Family Room
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 1.41
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage Faces Front, Garage, Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 5566.00
  • Price Per Lot Square Foot: 0.45

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Gardener, Water

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 5144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Lee Jee Young and Lee Jung Hee
Bought by
Lee Jee Young and Lee Jung Hee
Current Estimated Value
$1,091,124

Purchase Details

Listed on
Mar 18, 2016
Closed on
Apr 20, 2016
Sold by
Idd Investment Group Inc
Bought by
Lee Jee Young and Lee Jung Hee
Seller's Agent
Oscar Morales
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
Brian Jung
BJ Realty
List Price
$629,000
Sold Price
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$440,300
Outstanding Balance
$348,755
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$742,369

Purchase Details

Listed on
Feb 6, 2015
Closed on
Mar 24, 2015
Sold by
Pyramid Investments Inc
Bought by
Idd Invesment Group Inc
Seller's Agent
Marie Fimbres
REO Modern Realty Corp
Buyer's Agent
ERIC VALENCIA
CENTURY 21 CULTURE
List Price
$212,900
Sold Price
$235,000
Premium/Discount to List
$22,100
10.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.15%

Purchase Details

Listed on
Feb 6, 2015
Closed on
Mar 10, 2015
Sold by
Bank Of America National Association
Bought by
Pyramid Investments Inc
Seller's Agent
Marie Fimbres
REO Modern Realty Corp
Buyer's Agent
ERIC VALENCIA
CENTURY 21 CULTURE
List Price
$212,900
Sold Price
$235,000
Premium/Discount to List
$22,100
10.38%

Purchase Details

Closed on
Jun 23, 2014
Sold by
Carter Marion C
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jun 1, 2006
Sold by
Carter Marion C and Carter Catherine Fowlkes
Bought by
Carter Marion C and Catherine Fowlkes Carter Family Irrevoca

Purchase Details

Closed on
Jul 27, 2005
Sold by
Carter Catherine Fowlkes
Bought by
Carter Catherine Fowlkes and Charles Howard & Catherine Fowlkes Carte

Purchase Details

Closed on
Feb 17, 2005
Sold by
Carter Catherine Fowlkes
Bought by
Carter Catherine Fowlkes and Charles Howard Carter & Catherine Fowlke
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Jee Young -- None Available
Lee Jee Young $629,000 Title 365
Idd Invesment Group Inc -- Provident Title Company
Pyramid Investments Inc $235,000 Stewart Title Of Ca Inc
Bank Of America National Association $235,000 Ticor Title
Carter Marion C -- None Available
Carter Marion C -- None Available
Carter Catherine Fowlkes -- --
Carter Catherine Fowlkes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jee Young $440,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2016 08/01/16 Rented $2,500 0.0% --
06/07/2016 06/07/16 Sold $629,000 0.0% $178 / Sq Ft View Prior Sale
05/24/2016 05/24/16 For Rent $2,500 0.0% --
04/15/2016 04/15/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $629,000 +167.7% $178 / Sq Ft
03/27/2015 03/27/15 Sold $235,000 +10.4% $233 / Sq Ft View Prior Sale
02/12/2015 02/12/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $212,900 -9.4% $211 / Sq Ft
02/05/2015 02/05/15 Off Market $235,000 -- --
01/27/2015 01/27/15 For Sale $212,900 -- $211 / 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 $9,225 $744,601 $482,986 $261,615
2024 $9,225 $730,002 $473,516 $256,486
2023 $9,052 $715,689 $464,232 $251,457
2022 $8,637 $701,657 $455,130 $246,527
2021 $8,517 $687,900 $446,206 $241,694
2019 $8,266 $667,498 $432,972 $234,526
2018 $8,162 $654,411 $424,483 $229,928
2016 $3,004 $238,583 $142,135 $96,448
2015 $3,253 $257,034 $183,596 $73,438
2014 $509 $31,948 $11,973 $19,975
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2016

    Oscar Morales

    OPTION ONE REALTY & INVESTMENT

    (626) 974-0453

    31 Total Sales

    Oscar Morales
    Section Image

  • B

    Landlord's Agent in 2016

    Brian Jung

    BJ Realty

    (949) 382-1413

    33 Total Sales

    Brian Jung
    Section Image

  • M

    Seller's Agent in 2015

    Marie Fimbres

    REO Modern Realty Corp

    Section Image

  • E

    Buyer's Agent in 2015

    ERIC VALENCIA

    CENTURY 21 CULTURE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16110682

California Regional Multiple Listing Service (CRMLS)

APN: 5103-010-019

California Los Angeles County Los Angeles 90011 South Park

721 E 55th St, Los Angeles, CA

Not Listed for Sale

Detached

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