Seller's Agent in 2018
Giovany Kirakossian
JohnHart Real Estate
(818) 906-1000
147 Total Sales
808 W 50th Place Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $700,000 - $878,000
5
Beds
3
Baths
2,210
Sq Ft
$354/Sq Ft
Est. Value
About This Home
As of August 2018THIS UNIQUE DUPLEX HAS 2 SEPARATE UNITS WITH 2 SEPARATE STREETS!!! 1st Unit Located on W 50th PL & 2nd Unit Located BEHIND on W 51st STREET. THIS DUPLEX OFFERS SEPARATE WATER, ELECTRIC AND GAS UNITS. LOCATED JUST BLOCKS AWAY FROM USC & THE COLISEUM THIS UPCOMING NEIGHBORHOOD WILL BE AN INVEST TO LOOK FORWARD TO IN THE FUTURE. GREAT PRICE WITH GREAT POTENTIAL DO NOT MISS OUT!!! this is a DUPLEX 2 units or 2 separate houses. disregard the #3 where it says units it is not allowing me to input 2
Last Agent to Sell the Property
JohnHart Real Estate License #01852689 Listed on: 02/01/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,671
Year Built
- Built in 1921
Lot Details
- 5,788 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- 2,210 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tenant pays for all utilities, electricity, gas, water
- Tax Lot 94
- Tax Tract Number 2321
- Assessor Parcel Number 5018019005
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,500
- New Taxes Expense $4,375
- Operating Expense $6,875
- Gross Income $39,000
- Net Operating Income $3,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2018
Closed on
Jul 16, 2018
Sold by
Alvarez Angela
Bought by
Mireles Roberto and Mireles Gaudi Jasmin
Seller's Agent
Giovany Kirakossian
JohnHart Real Estate
Buyer's Agent
KAREN MONTEJO
FAMILY TREE REALTY, INC.
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
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
$301,715
Avg. Annual Appreciation
7.01%
Original Mortgage
$360,000
Outstanding Balance
$311,994
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$469,721
Purchase Details
Closed on
Oct 12, 2005
Sold by
Alvarez Oscar and Alvarez Angela
Bought by
Alvarez Angela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2001
Sold by
Rodas Marta
Bought by
Alvarez Oscar
Purchase Details
Closed on
Apr 8, 1997
Sold by
Shannon Willis H and Shannon Lomie B
Bought by
Alvarez Oscar and Alvarez Angela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,660
Interest Rate
7.92%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Mireles Roberto | $480,000 | Wfg National Title Company | |
| Alvarez Angela | -- | United Title Company-La | |
| Alvarez Oscar | -- | -- | |
| Alvarez Oscar | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mireles Roberto | $360,000 | |
| Previous Owner | Alvarez Angela | $288,000 | |
| Previous Owner | Alvarez Oscar | $145,660 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2018 08/08/18 | Sold | $480,000 | -3.8% | $217 / Sq Ft |
| 07/06/2018 07/06/18 | Pending | -- | -- | -- |
| 02/01/2018 02/01/18 | For Sale | $499,000 | -- | $226 / 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 | $6,671 | $535,445 | $401,585 | $133,860 |
| 2024 | $6,671 | $524,947 | $393,711 | $131,236 |
| 2023 | $6,550 | $514,655 | $385,992 | $128,663 |
| 2022 | $6,256 | $504,565 | $378,424 | $126,141 |
| 2021 | $6,169 | $494,672 | $371,004 | $123,668 |
| 2020 | $6,228 | $489,600 | $367,200 | $122,400 |
| 2019 | $5,989 | $480,000 | $360,000 | $120,000 |
| 2018 | $3,904 | $304,397 | $195,481 | $108,916 |
| 2016 | $3,717 | $292,580 | $187,892 | $104,688 |
| 2015 | $3,665 | $288,186 | $185,070 | $103,116 |
| 2014 | $3,691 | $282,542 | $181,445 | $101,097 |
Source: Public Records
Agents Affiliated with this Home
-
Giovany Kirakossian
-
Patricia Mendoza
Seller Co-Listing Agent in 2018
Patricia Mendoza
JohnHart Real Estate
(818) 414-6475
85 Total Sales
-
KAREN MONTEJO
K
Buyer's Agent in 2018
KAREN MONTEJO
FAMILY TREE REALTY, INC.
(909) 319-4145
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR18024855
APN: 5018-019-005
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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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