Seller's Agent in 2020
Patrick Sharples
Keller Williams Realty
(714) 293-2792
15 Total Sales
726 W 55th St Los Angeles, CA 90037
Vermont-Slauson NeighborhoodEstimated Value: $1,094,000 - $1,380,000
9
Beds
5
Baths
3,336
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- Modern Architecture
- Double Pane Windows
- Central Heating and Cooling System
- No HOA
- Laundry Room
- 3 Car Garage
About This Home
As of August 2020Duplex built in 2013 available for sale in well-located South Los Angeles 90037 area. Featuring 2 large units (one 5 bed/3 bath unit & one 4 bed/2 bath unit) with 3,336 total rentable SF. Current GSI is $5,275/mth; $63,300/yr. It presents a great opportunity for an investor looking for solid cash flow. Located in a rapidly appreciating South LA submarket & only +/- 2 miles south of USC, this duplex could be perfect for graduate students or faculty with a family. The proximity to the LA Memorial Coliseum, LAFC's new Banc of California Stadium & the Staples Center/DTLA makes it a great location for investment & continued appreciation over the coming years. The Lucas Museum has also broken ground locally in Exposition Park & is set to open in late 2021. With this area’s many new construction projects; existing stadiums/attractions & great proximity to DTLA, this is a great opportunity to acquire property in this appreciating market place.
Last Agent to Sell the Property
Keller Williams Realty License #01245463 Listed on: 06/29/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,521
Year Built
- Built in 2013 | Remodeled
Lot Details
- 5,400 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Wood Fence
- Rectangular Lot
- Level Lot
- Front Yard
Parking
- 3 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Two Garage Doors
- Assigned Parking
Home Design
- Duplex
- Modern Architecture
- Entry on the 1st floor
- Raised Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 3,336 Sq Ft Home
- 2-Story Property
- Double Pane Windows
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 32
- Assessor Parcel Number 5001022003
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $480
- Insurance Expense $1,356
- Professional Management Expense $3,240
- Water Sewer Expense $2,400
- New Taxes Expense $10,726
- Operating Expense $21,904
- Gross Income $61,401
- Net Operating Income $39,497
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2020
Closed on
Aug 9, 2020
Sold by
Fantastic Lucky Charms Holdings Llc
Bought by
Fiege Ryan and Fiege Sarah
Seller's Agent
Patrick Sharples
Keller Williams Realty
Buyer's Agent
Brian Davis
Douglas Elliman of California Inc.
List Price
$865,000
Sold Price
$865,000
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
$365,206
Avg. Annual Appreciation
6.98%
Original Mortgage
$519,000
Outstanding Balance
$459,099
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$771,107
Purchase Details
Listed on
Jun 29, 2020
Closed on
Jul 29, 2020
Sold by
Tu Thuc Ba
Bought by
Fantastic Lucky Charms Holdings Llc
Seller's Agent
Patrick Sharples
Keller Williams Realty
Buyer's Agent
Brian Davis
Douglas Elliman of California Inc.
List Price
$865,000
Sold Price
$865,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Outstanding Balance
$459,099
Interest Rate
2.85%
Mortgage Type
New Conventional
Estimated Equity
$771,107
Purchase Details
Closed on
Oct 25, 2013
Sold by
Ocean Development Inc
Bought by
Tu Thuc Ba
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 14, 2013
Closed on
Mar 8, 2013
Sold by
Ward Velma
Bought by
Ocean Development Inc
Seller's Agent
Sherilyn Correa
Green Realty
Buyer's Agent
Sherilyn Correa
Green Realty
List Price
$150,000
Sold Price
$162,000
Premium/Discount to List
$12,000
8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Purchase Details
Closed on
Aug 12, 2010
Sold by
Plummer Anton
Bought by
Ward Velma
Purchase Details
Closed on
Mar 12, 2009
Sold by
Wright Wilma J
Bought by
Ward Velma
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fiege Ryan | $865,000 | Lawyers Title Company | |
| Fantastic Lucky Charms Holdings Llc | -- | Accommodation | |
| Tu Thuc Ba | $550,000 | None Available | |
| Ocean Development Inc | $162,000 | Lawyers Title | |
| Ward Velma | -- | None Available | |
| Ward Velma | -- | None Available | |
| Ward Velma | -- | None Available | |
| Ward Velma | -- | None Available | |
| Ward Velma | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fiege Ryan | $519,000 | |
| Previous Owner | Tu Thuc Ba | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/13/2020 08/13/20 | Sold | $865,000 | 0.0% | $259 / Sq Ft | |
| 06/29/2020 06/29/20 | For Sale | $865,000 | +57.3% | $259 / Sq Ft | |
| 03/03/2014 03/03/14 | Sold | $550,000 | 0.0% | $169 / Sq Ft | View Prior Sale |
| 11/18/2013 11/18/13 | Pending | -- | -- | -- | |
| 11/12/2013 11/12/13 | For Sale | $550,000 | +239.5% | $169 / Sq Ft | |
| 03/14/2013 03/14/13 | Sold | $162,000 | +8.0% | $208 / Sq Ft | View Prior Sale |
| 02/15/2013 02/15/13 | Pending | -- | -- | -- | |
| 02/14/2013 02/14/13 | For Sale | $150,000 | -- | $192 / 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 | $11,468 | $936,302 | $649,458 | $286,844 |
| 2024 | $11,468 | $917,944 | $636,724 | $281,220 |
| 2023 | $11,253 | $899,946 | $624,240 | $275,706 |
| 2022 | $10,739 | $882,300 | $612,000 | $270,300 |
| 2021 | $10,593 | $865,000 | $600,000 | $265,000 |
| 2020 | $7,822 | $616,488 | $336,267 | $280,221 |
| 2019 | $7,521 | $604,401 | $329,674 | $274,727 |
| 2018 | $7,407 | $592,551 | $323,210 | $269,341 |
| 2016 | $7,058 | $569,543 | $310,660 | $258,883 |
| 2015 | $6,839 | $560,989 | $305,994 | $254,995 |
| 2014 | $2,161 | $163,740 | $130,992 | $32,748 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Sharples
-
Brian Davis
Buyer's Agent in 2020
Brian Davis
Douglas Elliman of California Inc.
(949) 562-9119
29 Total Sales
-
Sandra Alvarez
Seller's Agent in 2014
Sandra Alvarez
American Team Properties
(626) 524-0014
23 Total Sales
-
S
Seller's Agent in 2013
Sherilyn Correa
Green Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20126733
APN: 5001-022-003
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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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