NOT LISTED FOR SALE

898 E 40th Place Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $572,000 - $735,000

2 Beds
1 Bath
914 Sq Ft
$686/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $300,000 $328 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,637/month

2 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Living Room
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Level Lot

About This Home

As of August 2016

Zoning is R-2. There is no Garage so it is easy for a Builder to construct another unit in the Back. Lot is 40'x127' for a total of 5,057 sq. ft LOT. There are 56' (approx) from back of the House to Rear Boundary. Also, it is registered as 2 Bedroom house, but the house is being used as a 3 BEDROOMS.
House has had some upgrades, like replaced windows with double pane, ceramic tile in floors, stucco, etc. Please, come and see this one!

Last Agent to Sell the Property

Jorge Sotomayor

Berkshire Hathaway Home Srvs License #00858146 Listed on: 08/04/2016

Berkshire Hathaway Home Srvs

Last Buyer's Agent

Jorge Sotomayor

Berkshire Hathaway Home Srvs License #00858146 Listed on: 08/04/2016

Berkshire Hathaway Home Srvs

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1907

Lot Details

  • 5,057 Sq Ft Lot
  • Level Lot
  • Property is zoned LARD2

Interior Spaces

  • 914 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Parking

  • 9 Parking Spaces
  • Parking Available
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 5114009014

Home Details

Home Type

Single Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5114009014
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 914.00
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 328.23
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5057.00
  • Price Per Lot Square Foot: 59.32

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: Nadeau

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Velasquez Guillermo Andres
Bought by
Velasquez Andres Esteve
Current Estimated Value
$627,057

Purchase Details

Closed on
Apr 27, 2024
Sold by
Velasquez Guillermo Andres
Bought by
Velasquez Moises

Purchase Details

Listed on
Aug 4, 2016
Closed on
Aug 15, 2016
Sold by
Noriega Zayde Missel Armenta
Bought by
Velasquez Guillermo Andres
Seller's Agent
Jorge Sotomayor
Berkshire Hathaway Home Srvs
Buyer's Agent
Jorge Sotomayor
Berkshire Hathaway Home Srvs
List Price
$289,000
Sold Price
$300,000
Premium/Discount to List
$11,000
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Closed on
Oct 4, 2010
Sold by
Carrillo Brenda E and Arias Juan
Bought by
Noriega Zayde Missel Armenta

Purchase Details

Closed on
Jun 3, 2010
Sold by
Zepeda Tomas
Bought by
Carrillo Brenda E and Arias Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,033
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2006
Sold by
The Short Trust
Bought by
Zepeda Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 15, 2002
Sold by
Short Norman J and Hunter Sharmaine D
Bought by
The Short Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velasquez Andres Esteve -- --
Velasquez Moises -- --
Velasquez Guillermo Andres $300,000 Orange Coast Title Co Socal
Noriega Zayde Missel Armenta -- None Available
Carrillo Brenda E $148,000 Investors Title Company
Zepeda Tomas $362,000 First American Title Co
The Short Trust -- First American Title Co
The Short Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrillo Brenda E $146,033
Previous Owner The Short Trust $72,400
Previous Owner Zepeda Tomas $289,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $300,000 +3.8% $328 / Sq Ft
08/06/2016 08/06/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $289,000 -- $316 / 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 $4,339 $543,000 $460,000 $83,000
2024 $4,339 $341,343 $273,076 $68,267
2023 $4,258 $334,651 $267,722 $66,929
2022 $4,063 $328,090 $262,473 $65,617
2021 $4,012 $321,658 $257,327 $64,331
2019 $3,895 $312,120 $249,696 $62,424
2018 $3,830 $306,000 $244,800 $61,200
2016 $2,667 $210,958 $105,479 $105,479
2015 $2,629 $207,790 $103,895 $103,895
2014 $2,646 $203,720 $101,860 $101,860
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jorge Sotomayor

    Berkshire Hathaway Home Srvs

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16171734

California Regional Multiple Listing Service (CRMLS)

APN: 5114-009-014

California Los Angeles County Los Angeles 90011 Historic South Central

898 E 40th Place, Los Angeles, CA

Not Listed for Sale

Detached

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