NOT LISTED FOR SALE

908 W 54th St Los Angeles, CA 90037

Vermont-Slauson Neighborhood

Estimated Value: $730,359 - $1,064,000

8 Beds
3 Baths
2,644 Sq Ft
$325/Sq Ft Est. Value

Last Sold February 10, 2014

Last sale price $370,000 $140 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,035/month

39 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Carpet
  • Heating System Uses Natural Gas
  • Laundry Room

About This Home

As of February 2014

3 unit great cash flowing Investment Property, $3,150 in monthly rents, landlord only pays for water. First unit has 3 bedrooms and 1 bathroom with new carpet in bedrooms and laminated flooring throughout, new hardware, new paint and master bedroom has private entrance, new gas wall heater. Second unit same layout with 3 bedrooms and 1 bathroom. Third unit is detached 2 bedrooms 1 bathroom and laundry hook-up inside unit, new laminate flooring throughout, new paint, new hardware, 2nd bedroom has private entry. Back unit has private parking in back. Lots of fruit trees in front.

Last Agent to Sell the Property

Lety Rangel

Heritage Valley Realty License #01437298 Listed on: 12/19/2013

Co-Listed By

John Gaiser

Sunshine R.E. Ventures, LLC License #00997420

Last Buyer's Agent

Bernard Cohen

Bernard E. Cohen Investments Inc. License #01492532

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,757

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 5,120

Home Design

  • Property Attached
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • Public Parking
  • Parking Available
  • Driveway
  • Parking Lot

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Additional Features

  • Range
  • Laundry Room
  • Exterior Lighting
  • 5,120 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, trash collection, gas, electricity
  • Assessor Parcel Number 5001008003

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,757

Year Built

Built in 1921 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5001008003
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Living Room
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Public, Driveway, Parking Space

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Range
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 5120.00
  • Lot Size Acres: 0.1175

Rental Info

  • Tenant Pays: Cable TV, Trash Collection, Gas, Electricity

Multi Family

  • Average2 Bed Area: 700 Square Feet
  • Average3 Bed Area: 970 Square Feet
  • Lot Size Area: 5120.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2013
Closed on
Dec 30, 2013
Sold by
Sunset Diversified Property Investments
Bought by
Rosas Tatiana E
Seller's Agent
Lety Rangel
Heritage Valley Realty
Buyer's Agent
Bernard Cohen
Bernard E. Cohen Investments Inc.
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Current Estimated Value
$859,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,090
Avg. Annual Appreciation
7.49%
Original Mortgage
$277,500
Outstanding Balance
$210,059
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$649,031

Purchase Details

Closed on
Apr 30, 2013
Sold by
Gutierrez Eddy D and Galindo Marisol
Bought by
Sunset Diversified Property Investments

Purchase Details

Closed on
Apr 27, 2007
Sold by
Leola V Woods Trust
Bought by
Gutierrez Eddy D and Galindo Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 1, 1999
Sold by
Woods Leola V
Bought by
Woods Leola V and Leola V Woods 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
Rosas Tatiana E $370,000 Ticor Title Co
Sunset Diversified Property Investments $276,000 None Available
Sunset Diversified Property Investments -- None Available
Gutierrez Eddy D $550,000 Chicago Title Co
Woods Leola V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosas Tatiana E $277,500
Previous Owner Gutierrez Eddy D $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2014 02/10/14 Sold $370,000 -5.1% $140 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $389,900 -- $147 / Sq Ft
Source: Ventura County Regional Data Share

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 $5,757 $453,558 $318,718 $134,840
2024 $5,757 $444,666 $312,469 $132,197
2023 $5,655 $435,948 $306,343 $129,605
2022 $5,405 $427,401 $300,337 $127,064
2021 $5,325 $419,022 $294,449 $124,573
2020 $5,375 $414,726 $291,430 $123,296
2019 $5,172 $406,595 $285,716 $120,879
2018 $5,085 $398,623 $280,114 $118,509
2016 $4,844 $383,146 $269,238 $113,908
2015 $4,776 $377,391 $265,194 $112,197
2014 $3,608 $271,225 $162,735 $108,490
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lety Rangel

    Heritage Valley Realty

    (805) 390-8811

    9 Total Sales

    Lety Rangel
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    John Gaiser

    Sunshine R.E. Ventures, LLC

  • B

    Buyer's Agent in 2014

    Bernard Cohen

    Bernard E. Cohen Investments Inc.

    (818) 610-7299

    9 Total Sales

    Bernard Cohen
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-213008095

Ventura County Regional Data Share

APN: 5001-008-003

California Los Angeles County Los Angeles 90037 Vermont-Slauson

908 W 54th St, Los Angeles, CA

This home is located at 908 W 54th St, Los Angeles, CA 90037 since 19 December 2013 and is currently estimated at $859,090, approximately $324 per square foot. This property was built in 1921. 908 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.

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.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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