NOT LISTED FOR SALE

725 W 41st Dr Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $1,083,000 - $1,371,840

6 Beds
4 Baths
3,268 Sq Ft
$360/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $1,300,000 $398 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,640/month

About This Home

As of July 2022

SOLD BEFORE PROCESSING.

Last Agent to Sell the Property

Tia Hughes

Coldwell Banker Realty License #01839465 Listed on: 05/04/2022

Coldwell Banker Realty

Last Buyer's Agent

Tia Hughes

Coldwell Banker Realty License #01839465 Listed on: 05/04/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,403

Year Built

  • Built in 1928

Lot Details

  • 5,400

Parking

  • 4 Car Attached Garage
  • Driveway

Interior Spaces

  • 3,268 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 5,400 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5019-021-035

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Vacancy Allowance $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,403

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3268
  • Lot Acreage: 0.1240
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Dryer, Washer, Range/Oven, Microwave, Gas Dryer Hookup, Hood Fan, Refrigerator
  • Price Per S Q F T: 397.80

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Driveway, Private Garage, Garage Is Attached
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Water Expense: 1700.00

Fee Information

  • Insurance Expense: 1550.00
  • Maintenance Expense: 2000.00

Lot Info

  • Assessed Improvement Percent: 28.10
  • Assessed Improvement Value: 211000
  • Assessed Land Percent: 71.9
  • Assessed Land Value: 540000
  • Total Assessed Value: 751000
  • Assessor Parcel Number: 5019-021-035
  • Lot Size Area: 5400

Rental Info

  • Total Actual Rent: 6000.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.06
  • Number Of Units: 4
  • Total Annual Expense: 21500
  • Type Of Units: 4
  • Vacancy Allow: 3600
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 16250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 27, 2022
Sold by
Maria Franks
Bought by
Franks Brent
Seller's Agent
Tia Hughes
Coldwell Banker Realty
Buyer's Agent
Tia Hughes
Coldwell Banker Realty
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$1,177,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,540
Original Mortgage
$975,000
Interest Rate
5.09%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 26, 2007
Sold by
Franks Vincent
Bought by
Franks Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,400
Interest Rate
10.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2003
Sold by
Clarke Shelmadine A
Bought by
Franks Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Franks Brent $1,300,000 Fidelity National Title
Franks Maria $712,000 Fidelity Long Beach
Franks Vincent $350,000 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franks Brent $975,000
Previous Owner Diaz Victor Jacinto $290,500
Previous Owner Franks Maria $498,400
Previous Owner Franks Vincent $137,000
Previous Owner Franks Vincent $280,000
Closed Franks Vincent $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $1,300,000 0.0% $398 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $1,300,000 -- $398 / Sq Ft
Source: The MLS

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 $16,403 $1,352,520 $676,260 $676,260
2024 $16,403 $1,326,000 $663,000 $663,000
2023 $16,091 $1,300,000 $650,000 $650,000
2022 $10,112 $825,000 $593,200 $231,800
2021 $9,294 $751,000 $540,000 $211,000
2020 $9,478 $751,000 $540,000 $211,000
2019 $9,700 $786,400 $666,000 $120,400
2018 $9,354 $750,000 $630,200 $119,800
2016 $6,008 $476,000 $400,000 $76,000
2015 $5,246 $412,000 $298,600 $113,400
2014 $5,242 $400,000 $289,900 $110,100
Source: Public Records

Agents Affiliated with this Home

  • Tia Hughes

    Seller's Agent in 2022

    Tia Hughes

    Coldwell Banker Realty

    (310) 720-0993

    3 in this area

    39 Total Sales

    Tia Hughes
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Map

Source: The MLS

MLS Number: 22-179003

The MLS

APN: 5019-021-035

California Los Angeles County Los Angeles 90037 Vermont Square

725 W 41st Dr, Los Angeles, CA

This home is located at 725 W 41st Dr, Los Angeles, CA 90037 since 04 May 2022 and is currently estimated at $1,177,460, approximately $360 per square foot. This property was built in 1928. 725 W 41st Dr is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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