NOT LISTED FOR SALE

890 E 40th Place Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $707,000 - $861,000

5 Beds
2 Baths
1,725 Sq Ft
$457/Sq Ft Est. Value

Last Sold January 12, 2015

Last sale price $390,000 $226 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,578/month

124 Days on Market

Highlights

  • Double Pane Windows
  • Wall Furnace
  • 1-Story Property
  • Bungalow

About This Home

As of January 2015

2 UNITS. REAR UNIT NEW CONSTRUCTION 2 BEDROOM 1 BATH. FRONT UNIT IS 3 BEDROOM 1 BATH LARGE KITCHEN WITH CRANITE COUNTER TOPS UPDATED PLUMBLING, NEW ELECTRICAL, NEW WINDOWS, NEW ROOF. LIVE IN FRONT UNIT RENT BACK OR GREAT OPPORTUNITY TO BECOME A INVESTOR AND GET POSITIVE CASH FLOW. NEAR FREEWAYS, USC, SCHOOLS MINUTES FROM DOWN TOWN L.A.. MUST SEE!!!!

Last Agent to Sell the Property

Juan Garcia

CAPSTONE REALTY GROUP, INC. License #01793032 Listed on: 07/31/2014

Last Buyer's Agent

Juan Garcia

CAPSTONE REALTY GROUP, INC. License #01793032 Listed on: 07/31/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 5,059 Sq Ft Lot
  • No Common Walls

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 1,725 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 12 / G
  • Assessor Parcel Number 5114009016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: NADEAU ORANGE
  • Zoning: LARD2
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5114009016
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 226.09
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5059.00
  • Lot Size Acres: 0.1160

Multi Family

  • Average2 Bed Area: 715
  • Average3 Bed Area: 1010
  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 5059.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: G
  • Tax Lot: 12
  • Tax Tract Number: W
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2014
Sold by
Perez Jose
Bought by
Escobar Freddy and Rivera Kenny
Current Estimated Value
$787,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,936
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2012
Sold by
Stubblefield Sperling C
Bought by
Perez Jose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Escobar Freddy $390,000 Chicago Title
Perez Jose $92,000 Chicago Title Company
Perez Jose -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escobar Freddy $382,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2015 01/12/15 Sold $390,000 +2.7% $226 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $379,900 -- $220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,858 $468,714 $240,367 $228,347
2024 $5,858 $459,524 $235,654 $223,870
2023 $5,749 $450,515 $231,034 $219,481
2022 $5,487 $441,682 $226,504 $215,178
2021 $5,415 $433,022 $222,063 $210,959
2020 $5,466 $428,583 $219,787 $208,796
2019 $5,257 $420,180 $215,478 $204,702
2018 $5,152 $411,942 $211,253 $200,689
2016 $4,915 $395,947 $203,050 $192,897
2015 $2,610 $205,804 $129,100 $76,704
2014 $2,726 $201,774 $126,572 $75,202
Source: Public Records

Agents Affiliated with this Home

  • Juan Garcia

    Seller's Agent in 2015

    Juan Garcia

    CAPSTONE REALTY GROUP, INC.

    (310) 600-5412

    12 Total Sales

    Juan Garcia
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14164386

California Regional Multiple Listing Service (CRMLS)

APN: 5114-009-016

California Los Angeles County Los Angeles 90011 Historic South Central

890 E 40th Place, Los Angeles, CA

Not Listed for Sale

MultiFamily

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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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