NOT LISTED FOR SALE

833 W 54th St Los Angeles, CA 90037

Vermont Square Neighborhood

Estimated Value: $704,000 - $776,000

6 Beds
3.5 Baths
2,208 Sq Ft
$333/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $542,000 $245 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,638/month

29 Days on Market

About This Home

As of February 2020

This property has 3 Units, 3 gas meters and permits available on LA City Website for 3 units. There 2 dwellings consisting of a front house, a rear unit consisting of (1) 2 bedroom with bath, and a bachelors unit with bedroom and bath. This is a fixer in need of repair. This is a Full Authority Probate Sale. Offers must be subject to interior inspections. Front home has occupant who is Tenant at Will, rear are vacant and in need of work. DO NOT MAKE AN ATTEMPT TO ENTER! Please call/text listing agent for details of sale and entry. Non-Contingent offers only! Seller Reserves the right to remove (2) bath tubs, and replace with suitable substitute. All offers due by 12/13/19. EMD 5% no exceptions! Buyer to verify any and all aspects of this property to their satisfaction. No warranty as to the accuracy of information herein.

Last Agent to Sell the Property

Deric Rangell

Resolution Brokers License #01010078 Listed on: 11/29/2019

Last Buyer's Agent

Deric Rangell

Resolution Brokers License #01010078 Listed on: 11/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,551

Year Built

  • Built in 1911

Lot Details

  • 5,182 Sq Ft Lot

Home Design

  • 2,208 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3.5 Bathrooms

Parking

  • 2 Parking Spaces
  • On-Street Parking

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5001-006-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,551

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: This property has 3 Units, 3 gas meters and permits available on LA City Website for 3 units. There 2 dwellings consisting of a front house, rear unit consists of 1 2 bedroom with bath, and a bachelors unit with bedroom and bath. This is a fixer in need of repair. This is a Full Authority Probate Sale. Offers must be subject to interior inspections. Front home has occupant who is Tenant at Will, rear are vacant and in need of work. DO NOT MAKE AN ATTEMPT TO ENTER! Please call/text listing agent for details of sale and entry. Non-Contingent offers only! Seller Reserves the right to remove (2) bath tubs, and replace with suitable substitute. All offers due by 12/13/19. EMD 5% no exceptions! Buyer to verify any and all aspects of this property to their satisfaction. No warranty as to the accuracy of information herein.
  • Living Area: 2208
  • Probate: Yes
  • Year Built: 1911
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.50
  • Den: 0
  • Price Per S Q F T: 180.71

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: On street, Parking Space
  • Total Parking: 2

Fee Information

  • Insurance Expense: 950.00

Lot Info

  • Assessed Improvement Value: 8208
  • Assessed Land Value: 20464
  • Assessor Parcel Number: 5001-006-023
  • Geocode Override: No
  • Lot Size Area: 5182

Rental Info

  • Court Approve: No
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 2
  • Total Annual Expense: 1446
  • Type Of Units: detached
  • Vacancy Rate: 5

Tax Info

  • Tax Expense: 496.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Luong 1990 Revocable Living Trust and Luong Shawn
Bought by
Sh Spectrum Inc
Current Estimated Value
$716,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$390,177
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$345,467

Purchase Details

Closed on
Dec 24, 2020
Sold by
Southwind Asset Management Llc
Bought by
S H Spectrum Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$390,177
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$345,467

Purchase Details

Listed on
Nov 29, 2019
Closed on
Dec 30, 2019
Sold by
Parrish Cheryl James and Estate Of Bernice James
Bought by
Southwind Asset Management Llc
Seller's Agent
Deric Rangell
Resolution Brokers
Buyer's Agent
Deric Rangell
Resolution Brokers
List Price
$399,000
Sold Price
$542,000
Premium/Discount to List
$143,000
35.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$581,250
Interest Rate
3.72%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 2000
Sold by
James Bernice and Sidney Thomas Trust
Bought by
James Bernice

Purchase Details

Closed on
Apr 26, 1997
Sold by
Thomas Sidney
Bought by
James Bernice and Sidney Thomas Trust
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
Sh Spectrum Inc -- Accommodation/Courtesy Recordi
Luong Shawn -- Chicago Title Company
S H Spectrum Inc $220,000 First American Title Company
Southwind Asset Management Llc $542,000 First American Title Ins Co
James Bernice -- --
James Bernice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luong Shawn $436,000
Previous Owner Southwind Asset Management Llc $581,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $542,000 0.0% $245 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
12/22/2019 12/22/19 Off Market $542,000 -- --
12/22/2019 12/22/19 For Sale $399,000 -26.4% $181 / Sq Ft
12/12/2019 12/12/19 Off Market $542,000 -- --
11/29/2019 11/29/19 For Sale $399,000 -- $181 / 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 $8,551 $703,577 $544,462 $159,115
2024 $8,551 $689,783 $533,787 $155,996
2023 $8,391 $676,259 $523,321 $152,938
2022 $8,007 $663,000 $513,060 $149,940
2021 $7,951 $650,000 $430,000 $220,000
2020 $4,445 $344,543 $218,211 $126,332
2019 $578 $29,829 $21,290 $8,539
2018 $496 $29,245 $20,873 $8,372
2016 $455 $28,111 $20,063 $8,048
2015 $450 $27,690 $19,762 $7,928
2014 $466 $27,148 $19,375 $7,773
Source: Public Records

Agents Affiliated with this Home

  • Deric Rangell

    Seller's Agent in 2020

    Deric Rangell

    Resolution Brokers

    (562) 964-5791

    11 Total Sales

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Map

Source: The MLS

MLS Number: 19-534566

The MLS

APN: 5001-006-023

California Los Angeles County Los Angeles 90037 Vermont Square

833 W 54th St, Los Angeles, CA

This home is located at 833 W 54th St, Los Angeles, CA 90037 since 29 November 2019 and is currently estimated at $735,644, approximately $333 per square foot. This property was built in 1911. 833 W 54th St is a home located in Los Angeles County with nearby schools including Fifty-Second Street Elementary School, John Muir Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

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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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