NOT LISTED FOR SALE

732 E 53rd St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $657,382 - $754,000

3 Beds
1 Bath
1,696 Sq Ft
$403/Sq Ft Est. Value

Last Sold November 10, 2014

Last sale price $298,000 $176 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,953/month

3 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • Back Yard
  • Laundry Room

About This Home

As of November 2014

INVESTOR DELIGHT!!!!! TWO UNITS ON THE LOT,, FRONT UNIT 3BED 1BATH BACK UNIT 2BED 1BATH.

Last Agent to Sell the Property

Eduardo Morales

Big Block Powerhouse Realty License #01774758 Listed on: 09/22/2014

Last Buyer's Agent

Eduardo Morales

Big Block Powerhouse Realty License #01774758 Listed on: 09/22/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,020 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • 1,696 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2294
  • Assessor Parcel Number 5103007010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $149
  • Gross Income $2,678
  • Net Operating Income $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 149.00
  • Property Type: Residential Income
  • Parcel Number: 5103007010
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 175.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6020.00
  • Lot Size Acres: 0.1380

Multi Family

  • Gross Income: 2678.00
  • Gross Scheduled Income: 2678.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6020.0000 Square Feet
  • Net Operating Income: 500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 500.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 2294
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 15, 2014
Sold by
Lagatta Lawrence Charles
Bought by
Huang Michael Zhi and Su Shanshan
Seller's Agent
Eduardo Morales
Big Block Powerhouse Realty
Buyer's Agent
Eduardo Morales
Big Block Powerhouse Realty
List Price
$299,000
Sold Price
$298,000
Premium/Discount to List
-$1,000
-0.33%
Current Estimated Value
$683,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,346
Avg. Annual Appreciation
7.72%
Original Mortgage
$208,000
Outstanding Balance
$159,872
Interest Rate
4.17%
Mortgage Type
VA
Estimated Equity
$523,474

Purchase Details

Closed on
May 20, 2011
Sold by
Lagatta Yuliana Andrea
Bought by
Lagatta Lawrence Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2011
Sold by
Owb Reo Llc
Bought by
Lagatta Lawrence Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2009
Sold by
Magana Eusebio A
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Aug 1, 2003
Sold by
Hud
Bought by
Magana Eusebio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2003
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Nov 25, 2002
Sold by
Hidalgo Salvador
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc

Purchase Details

Closed on
Mar 24, 1997
Sold by
Finzi David B
Bought by
Hidalgo Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 1996
Sold by
Brown Daisy Mae
Bought by
Finzi David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang Michael Zhi $298,000 Lawyers Title
Lagatta Lawrence Charles -- Chicago Title Company
Lagatta Lawrence Charles $148,500 Chicago Title Company
Owb Reo Llc -- Chicago Title Company
Onewest Bank Fsb $205,284 Accommodation
Magana Eusebio A $208,000 Ticor Title Company
Hud -- First American Title Ins Co
Wells Fargo Home Mtg Inc $161,747 First American Title Ins Co
Hidalgo Salvador $145,000 Continental Lawyers Title Co
Finzi David B $70,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Michael Zhi $208,000
Previous Owner Lagatta Lawrence Charles $132,000
Previous Owner Magana Eusebio A $203,700
Previous Owner Hidalgo Salvador $142,800
Previous Owner Finzi David B $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2014 11/10/14 Sold $298,000 -0.3% $176 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $299,000 -- $176 / 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 $4,597 $358,144 $214,767 $143,377
2024 $4,597 $351,122 $210,556 $140,566
2023 $4,514 $344,238 $206,428 $137,810
2022 $4,312 $337,489 $202,381 $135,108
2021 $4,255 $330,872 $198,413 $132,459
2019 $4,133 $321,060 $192,529 $128,531
2018 $3,998 $314,765 $188,754 $126,011
2016 $3,810 $302,544 $181,425 $121,119
2015 $3,756 $298,000 $178,700 $119,300
2014 $3,429 $263,326 $156,768 $106,558
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Eduardo Morales

    Big Block Powerhouse Realty

    (562) 806-1000

    9 Total Sales

    Eduardo Morales
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14206197

California Regional Multiple Listing Service (CRMLS)

APN: 5103-007-010

California Los Angeles County Los Angeles 90011 South Park

732 E 53rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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