NOT LISTED FOR SALE

829 W 40th Place Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $1,017,000 - $1,707,000

4 Beds
4 Baths
4,488 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $579,000 $129 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $8,151/month

51 Days on Market

Highlights

  • Hydromassage or Jetted Bathtub
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2013

Well maintained, updated 4 unit in good rental area. Each unit has laundry hookup, tile countertops, newer vinyl floors and carpet. Tenants provide own appliances. Parking behind building. Good income property. Please do not disturb tenants, no sign on property.

Last Agent to Sell the Property

John Carlisle

eXp Realty of California Inc License #01404584 Listed on: 10/03/2012

eXp Realty of California Inc

Last Buyer's Agent

GREGORIO RODRIGUEZ

License #01013710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,223

Year Built

  • Built in 1917

Lot Details

  • 5,890

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 4,488 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Additional Features

  • 5,890 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5019-001-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,223

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4488
  • Stories: 2
  • Year Built: 1917
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bathroom Features: Tub With Jets
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Ceiling Fan, Hood Fan
  • Price Per S Q F T: 131.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 243198
  • Assessed Land Value: 559998
  • Assessor Parcel Number: 5019-001-011
  • Lot Size Area: 5890

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 8.39
  • Number Of Units: 4
  • Total Annual Expense: 13764
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Valdez Ramon and Valdez Martha
Bought by
829 To 831 1 2 W 40Th Place Llc
Current Estimated Value
$1,296,083

Purchase Details

Listed on
Oct 3, 2012
Closed on
Dec 5, 2012
Sold by
Santiago Michael and Santiago Colin Enrique
Bought by
Valdez Ramon and Valdez Martha
Seller's Agent
John Carlisle
eXp Realty of California Inc
Buyer's Agent
GREGORIO RODRIGUEZ
List Price
$549,000
Sold Price
$579,000
Premium/Discount to List
$30,000
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$434,250
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2006
Sold by
Inter Agency Council Inc
Bought by
Santiago Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,100
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2000
Sold by
Hud
Bought by
Inter Agency Council

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,492
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jul 7, 1999
Sold by
Hernandez Dora A and Salazar Eduardo A
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Dec 26, 1997
Sold by
Maldonado Antonio
Bought by
Lozada Jose I

Purchase Details

Closed on
Mar 9, 1996
Sold by
Hernandez Dora A and Salazar Eduardo A
Bought by
Maldonado Antonio

Purchase Details

Closed on
Dec 8, 1995
Sold by
Miller John Charles
Bought by
Hernandez Dora A and Salazar Eduardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,686
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,430
Interest Rate
7.5%

Purchase Details

Closed on
Jun 6, 1995
Sold by
Davis William H and Brown Rosa
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
829 To 831 1 2 W 40Th Place Llc -- None Available
Valdez Ramon $579,000 Title 365
Santiago Michael $753,000 Southland Title
Inter Agency Council $135,000 --
Hud $258,589 Fidelity National Title Ins
Homeside Lending Inc $258,589 Fidelity National Title Ins
Lozada Jose I -- --
Maldonado Antonio -- --
Hernandez Dora A $245,000 Benefit Title
Miller John Charles $85,000 --
Federal Home Loan Mortgage Corporation $170,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valdez Ramon $434,250
Previous Owner Santiago Michael $527,100
Previous Owner Inter Agency Council $280,000
Previous Owner Inter Agency Council $265,492
Previous Owner Maldonado Antonio $48,000
Previous Owner Hernandez Dora A $235,686
Previous Owner Miller John Charles $99,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2013 01/10/13 Sold $579,000 +5.5% $129 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $549,000 -- $122 / 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 $13,223 $1,071,606 $638,634 $432,972
2024 $13,223 $1,050,595 $626,112 $424,483
2023 $12,976 $1,029,996 $613,836 $416,160
2022 $8,449 $671,863 $348,117 $323,746
2021 $8,322 $658,691 $341,292 $317,399
2020 $8,400 $651,938 $337,793 $314,145
2019 $8,082 $639,156 $331,170 $307,986
2018 $7,962 $626,625 $324,677 $301,948
2016 $7,579 $602,294 $312,070 $290,224
2015 $7,472 $593,248 $307,383 $285,865
2014 $7,520 $581,628 $301,362 $280,266
Source: Public Records

Agents Affiliated with this Home

  • John Carlisle

    Seller's Agent in 2013

    John Carlisle

    eXp Realty of California Inc

    (310) 403-1403

    9 Total Sales

    John Carlisle
    Section Image

  • G

    Buyer's Agent in 2013

    GREGORIO RODRIGUEZ

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Map

Source: The MLS

MLS Number: 12-627935

The MLS

APN: 5019-001-011

California Los Angeles County Los Angeles 90037 Vermont Square

829 W 40th Place, Los Angeles, CA

This home is located at 829 W 40th Place, Los Angeles, CA 90037 since 03 October 2012 and is currently estimated at $1,296,083, approximately $288 per square foot. This property was built in 1917. 829 W 40th Place 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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