NOT LISTED FOR SALE

880 E 49th Place Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $883,000 - $1,128,000

2 Beds
1 Bath
3,660 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $650,000 $178 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,020/month

2 Days on Market

About This Home

As of September 2017

PROPERTY SHOWS 2BEDROOMS AND 1 BATH EACH UNIT. VERIFY WITH THE CITY .
APPRAISAL REPORT AVAILABLE UPON REQUEST .

Last Agent to Sell the Property

MIGUEL SEPULVEDA

Sepulveda Realty Inc. License #01268437 Listed on: 08/21/2017

Last Buyer's Agent

MIGUEL SEPULVEDA

Sepulveda Realty Inc. License #01268437 Listed on: 08/21/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,299

Year Built

  • Built in 1910

Lot Details

  • 6,250 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,660 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 17
  • Assessor Parcel Number 5108016013

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $840
  • Insurance Expense $2,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $8,125
  • Operating Expense $13,365
  • Gross Income $5,100
  • Net Operating Income $4,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,299

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5108016013
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 177.60

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6250.00

Multi Family

  • Average1 Bed Area: 919 Square Feet
  • Average2 Bed Area: 919 Square Feet
  • Average3 Bed Area: 919 Square Feet
  • Average Studio Area: 919 Square Feet
  • Electric Expense: 840.00
  • Gross Income: 5100.00
  • Gross Scheduled Income: 5100.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 4200.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 900.00
  • Rent Control: Yes
  • Total Expenses: 13365.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 2292.00
  • Tax Lot: 17
  • Tax Tract Number: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Aug 25, 2017
Sold by
Giron Wilber
Bought by
Okoro Joy I and The Joy I Okoro Living Trust
Seller's Agent
MIGUEL SEPULVEDA
Sepulveda Realty Inc.
Buyer's Agent
MIGUEL SEPULVEDA
Sepulveda Realty Inc.
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$958,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,061
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Garcia Jorge
Bought by
Garcia Kyoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Garcia Kyoko
Bought by
Giron Wilber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Garcia Karla
Bought by
Garcia Kyoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2004
Sold by
Cerpa Jose De Jesus and Guzman Reyna Gloria
Bought by
Garcia Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Okoro Joy I $650,000 Wfg National Title Company
Garcia Kyoko -- --
Giron Wilber -- Gateway Title Company
Giron Wilber $520,000 --
Garcia Kyoko -- --
Garcia Karla $400,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giron Wilber $135,000
Previous Owner Giron Wilber $416,000
Previous Owner Garcia Karla $320,000
Closed Garcia Karla $80,000
Closed Giron Wilber $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $650,000 0.0% $178 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $650,000 -- $178 / 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 $9,299 $739,584 $455,130 $284,454
2024 $9,299 $725,083 $446,206 $278,877
2023 $9,126 $710,866 $437,457 $273,409
2022 $8,715 $696,929 $428,880 $268,049
2021 $8,594 $683,265 $420,471 $262,794
2019 $8,345 $663,000 $408,000 $255,000
2018 $8,207 $650,000 $400,000 $250,000
2016 $6,333 $500,000 $193,200 $306,800
2015 $5,619 $440,000 $170,000 $270,000
2014 $5,766 $440,000 $170,000 $270,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MIGUEL SEPULVEDA

    Sepulveda Realty Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17194898

California Regional Multiple Listing Service (CRMLS)

APN: 5108-016-013

California Los Angeles County Los Angeles 90011 South Park

880 E 49th Place, Los Angeles, CA

This home is located at 880 E 49th Place, Los Angeles, CA 90011 since 21 August 2017 and is currently estimated at $996,051, approximately $272 per square foot. This property was built in 1910. 880 E 49th Place is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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