728 W 47th St Los Angeles, CA 90037
Vermont Square Neighborhood
3
Beds
2
Baths
1,934
Sq Ft
7,869
Sq Ft Lot
About This Home
As of April 2016Charming Historical Craftsman property, LAC2 zoned and used as duplex. Large lot 7,868 sq ft (47x168) with garage area in back of lot. Located in the Young and Adams Tract which is seeing many homes being upgraded and showing nice progress. Tax records show as 2 bedrooms 2 baths; tenant states 2 bedrooms 1 bath in front unit and 1 bedroom 1 bath in rear unit. This property is in the RSO Rent Stabilization Ordinance area in the City of Los Angeles. Property is being Sold with the tenants in place. Tenants are current with rents and on month to month. Total Gross Scheduled Income is $1,950/mo. Excellent opportunity for an investor or family wanting two defined living units. Please drive by only at this time. Subject to interior inspection which will be provided after an accepted offer. This is an REO, foreclosed property and being sold in it's present condition. This property is not in REAP and ready to add your personal touches. Very well priced based on many local area properties that have been sold with the tenants in place.
Last Agent to Sell the Property
Legris Team Real Estate License #00885785 Listed on: 09/23/2015
Last Buyer's Agent
Legris Team Real Estate License #00885785 Listed on: 09/23/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,640
Year Built
- Built in 1911
Lot Details
- 7,869 Sq Ft Lot
- Lot Dimensions are 47x168
- 1 Common Wall
Parking
- 1 Car Garage
- Parking Available
- Unassigned Parking
Home Design
- 1,934 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 45
- Tax Tract Number 2321
- Assessor Parcel Number 5018026023
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- Gross Income $1,950
- Net Operating Income $16,672
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2019
Sold by
Mejia John H and Cruz Maria
Bought by
Mejia John H and Pelayo Melissa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$404,756
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$441,532
Purchase Details
Listed on
Feb 28, 2016
Closed on
Mar 2, 2016
Sold by
Powell Homes Llc
Bought by
Mejia John H and Cruz Maria
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
List Price
$459,900
Sold Price
$460,000
Premium/Discount to List
$100
0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$200,000
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Sep 23, 2015
Closed on
Sep 22, 2015
Sold by
Jv Real Estate Partners Inc
Bought by
Powell Homes Llc
Seller's Agent
Jerry and Elena LeGris
Legris Team Real Estate
Buyer's Agent
Jerry and Elena LeGris
Legris Team Real Estate
List Price
$324,000
Sold Price
$295,000
Premium/Discount to List
-$29,000
-8.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
131.22%
Purchase Details
Closed on
Apr 3, 2014
Sold by
Reinig Eric
Bought by
Jv Real Estate Partners Inc
Purchase Details
Closed on
Jan 15, 2014
Sold by
Gilkeybaskerville Fatrice Marie
Bought by
Reinig David H and Shores Family Trust
Purchase Details
Closed on
Nov 12, 2013
Sold by
Gilkey Fatrice Marie
Bought by
Martinez Magdalena
Purchase Details
Closed on
May 23, 2008
Sold by
Viscarra Mario
Bought by
Gilkey Fatrice Marie
Purchase Details
Closed on
Apr 24, 2008
Sold by
Gilkey Fatrice Marie
Bought by
Viscarra Mario
Purchase Details
Closed on
Dec 17, 2007
Sold by
Gilkey Fatrice Marie and Baskerville Fatrice Marie Gilkey
Bought by
Gilkey Fatrice Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2007
Sold by
Baskerville Fatrice Marie Gilkey and Gilkey Fatrice Marie
Bought by
Baskerville Fatrice Marie Gilkey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 1994
Sold by
Harris Marie
Bought by
Gilkey Fatrice Marie
Similar Home in Los Angeles, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Grant Deed | $460,000 | Fidelity National Title Co | |
| Grant Deed | $295,000 | Provident Title Company | |
| Grant Deed | $45,000 | Pacific Coast Title Company | |
| Grant Deed | $105,500 | None Available | |
| Trustee Deed | $220,700 | Pacific Coast Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,000 | New Conventional | |
| Closed | $200,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $451,668 | FHA | |
| Previous Owner | $145,000 | Unknown | |
| Previous Owner | $134,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2016 04/25/16 | Sold | $460,000 | 0.0% | $237 / Sq Ft |
| 03/02/2016 03/02/16 | Pending | -- | -- | -- |
| 02/28/2016 02/28/16 | For Sale | $459,900 | +55.9% | $237 / Sq Ft |
| 10/14/2015 10/14/15 | Sold | $295,000 | -9.0% | $153 / Sq Ft |
| 09/17/2015 09/17/15 | Pending | -- | -- | -- |
| 09/01/2015 09/01/15 | For Sale | $324,000 | -- | $168 / 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 | $7,640 | $614,488 | $449,629 | $164,859 |
| 2024 | $7,640 | $602,440 | $440,813 | $161,627 |
| 2023 | $7,500 | $590,628 | $432,170 | $158,458 |
| 2022 | $7,164 | $579,048 | $423,697 | $155,351 |
| 2021 | $7,069 | $567,695 | $415,390 | $152,305 |
| 2020 | $7,138 | $561,875 | $411,131 | $150,744 |
| 2019 | $6,127 | $488,155 | $344,892 | $143,263 |
| 2018 | $5,992 | $478,584 | $338,130 | $140,454 |
| 2016 | $3,755 | $295,000 | $200,000 | $95,000 |
| 2015 | $5,324 | $418,191 | $254,995 | $163,196 |
| 2014 | $877 | $50,844 | $30,132 | $20,712 |
Source: Public Records
Agents Affiliated with this Home
-
Xio Sandoval
Seller's Agent in 2016
Xio Sandoval
CENTURY 21 REALTY MASTERS
(323) 253-5456
10 in this area
108 Total Sales
-
Jerry and Elena LeGris
Seller's Agent in 2015
Jerry and Elena LeGris
Legris Team Real Estate
(949) 510-2370
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS15194344
APN: 5018-026-023
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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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