Seller's Agent in 2022
Charles Picker
I.X.A.
(626) 893-0277
2 in this area
145 Total Sales
924 W 48th St Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $1,001,000 - $1,153,000
9
Beds
7
Baths
5,015
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Laundry Room
- Tile Flooring
- Ceiling Fan
- Bungalow
- Detached Carport Space
- 3-minute walk to Julian C. Dixon Park
About This Home
As of October 2022Great investment 4-unit property minutes to USC campus, museum, stadium, restaurants and shops. Front unit is a two story and consists of living room, kitchen, dining room, bathroom with shower, laundry room and a bedroom downstairs. Upstairs consists of master bedroom plus 2 additional bedrooms and a full bath. The remaining 3 units have 2 spacious bedrooms with 1 bath. Each unit has separate gas and electric meter. There is a laundry room on the property. Laminate flooring, partial copper plumbing, updated electrical panel and carport parking. Property shows very well and sold "AS-IS." TAPED FLOOR PLAN is included in the photos and also attached here as documents. Property has been well maintained.
Last Buyer's Agent
David Kim
WIN Realty & Properties License #01773309
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,574
Year Built
- Built in 1964
Lot Details
- 5,849 Sq Ft Lot
Home Design
- Quadruplex
- Bungalow
Interior Spaces
- 5,015 Sq Ft Home
- Ceiling Fan
- Oven or Range
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Parking
- 9 Parking Spaces
- Detached Carport Space
Utilities
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water, gas, electricity
- Assessor Parcel Number 5018-012-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2022
Closed on
Sep 14, 2022
Sold by
Saul Renteria Living Trust
Bought by
Lee Sang Cheon and Lee Chong Hee
Seller's Agent
Charles Picker
I.X.A.
Buyer's Agent
David Kim
WIN Realty & Properties
List Price
$975,000
Sold Price
$975,000
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,453
Avg. Annual Appreciation
2.72%
Purchase Details
Closed on
Feb 10, 2015
Sold by
Stofenmacher Matias
Bought by
Dbk 924 W 48Th St Llc
Purchase Details
Closed on
Nov 24, 2014
Sold by
Mell Investments Llc
Bought by
Stofenmacher Matias
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 21, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Mell Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,400
Interest Rate
4.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Aug 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Jpmorgan Chase Bank National Association and Washington Mutual Bank
Purchase Details
Closed on
Jul 2, 2010
Sold by
Okonta Stephen U and Okonta Florence O
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 7, 2008
Sold by
Quillen Jarrel L
Bought by
Quillen Jarrel L
Purchase Details
Closed on
Jul 18, 2005
Sold by
Qiu Ling Yi
Bought by
Okonta Stephen U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 25, 2004
Sold by
Qiu Ling Yi
Bought by
Qiu Ling Yi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 2003
Sold by
Aquarian Brokerage Investment Co Inc
Bought by
Ling Yi Qiu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 27, 2002
Sold by
Eppright La Tanya
Bought by
Aquarian Brokerage Investment Co Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 4, 2001
Sold by
Simmons Joel
Bought by
Eppright La Tanya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,466
Interest Rate
7.14%
Mortgage Type
FHA
Purchase Details
Closed on
May 17, 2001
Sold by
First Union National Bank
Bought by
Eppright Latanya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,466
Interest Rate
7.14%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 3, 2001
Sold by
Henriquez Vincente
Bought by
Fremont Home Loan Owner Trust 1999-1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,466
Interest Rate
7.14%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 18, 1998
Sold by
R L Jones & Assoc
Bought by
Henriquez Vincente
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
9%
Purchase Details
Closed on
Jul 9, 1998
Sold by
Aguilar Investments Inc
Bought by
R L Jones & Associates and The Lanet Family Trust
Purchase Details
Closed on
Oct 17, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Aguilar Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.36%
Purchase Details
Closed on
Apr 30, 1997
Sold by
Munoz Joel Hernandez and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
Purchase Details
Closed on
Jun 28, 1995
Sold by
Munoz Salvador H
Bought by
Munoz Joel Hernandez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
7.59%
Purchase Details
Closed on
May 19, 1995
Sold by
Sterling Larry T
Bought by
Munoz Salvador
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
7.59%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Sang Cheon | $975,000 | Provident Title | |
| Dbk 924 W 48Th St Llc | -- | None Available | |
| Stofenmacher Matias | $665,000 | Ticor Title Company | |
| Mell Investments Llc | $430,500 | Ticor Title | |
| Jpmorgan Chase Bank National Association | -- | First American Els | |
| Federal National Mortgage Association | $718,531 | Accommodation | |
| Quillen Jarrel L | -- | None Available | |
| Okonta Stephen U | $725,000 | Stewart Title | |
| Qiu Ling Yi | -- | Ticor Title Company | |
| Ling Yi Qiu | $390,000 | Provident Title Company | |
| Aquarian Brokerage Investment Co Inc | -- | Provident | |
| Eppright La Tanya | -- | First American Title Co | |
| Eppright Latanya | $250,000 | First American Title | |
| Fremont Home Loan Owner Trust 1999-1 | $229,000 | First American Title Ins Co | |
| Henriquez Vincente | $288,000 | Orange Coast Title | |
| R L Jones & Associates | -- | American Title Co | |
| Aguilar Investments Inc | $165,000 | Investors Title Company | |
| Home Svgs Of America Fsb | $138,750 | First American Title Ins Co | |
| Munoz Joel Hernandez | $227,000 | Continental Lawyers Title Co | |
| Munoz Salvador | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Stofenmacher Matias | $498,750 | |
| Previous Owner | Mell Investments Llc | $344,400 | |
| Previous Owner | Okonta Stephen U | $607,500 | |
| Previous Owner | Okonta Stephen U | $580,000 | |
| Previous Owner | Qiu Ling Yi | $122,350 | |
| Previous Owner | Qiu Ling Yi | $384,000 | |
| Previous Owner | Ling Yi Qiu | $312,000 | |
| Previous Owner | Aquarian Brokerage Investment Co Inc | $50,000 | |
| Previous Owner | Eppright Latanya | $266,466 | |
| Previous Owner | Henriquez Vincente | $25,000 | |
| Previous Owner | Henriquez Vincente | $259,200 | |
| Previous Owner | Aguilar Investments Inc | $162,000 | |
| Previous Owner | Munoz Joel Hernandez | $181,600 | |
| Closed | Munoz Joel Hernandez | $22,700 | |
| Closed | Aguilar Investments Inc | $35,000 | |
| Closed | Ling Yi Qiu | $78,000 | |
| Closed | Qiu Ling Yi | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | $975,000 | 0.0% | $194 / Sq Ft |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- |
| 08/28/2022 08/28/22 | For Sale | $975,000 | +39.3% | $194 / Sq Ft |
| 08/31/2017 08/31/17 | Sold | $699,900 | 0.0% | $140 / Sq Ft |
| 08/14/2017 08/14/17 | Pending | -- | -- | -- |
| 08/11/2017 08/11/17 | For Sale | $699,900 | -- | $140 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $12,574 | $1,014,390 | $572,220 | $442,170 |
| 2024 | $12,574 | $994,500 | $561,000 | $433,500 |
| 2023 | $12,341 | $975,000 | $550,000 | $425,000 |
| 2022 | $9,389 | $750,432 | $428,772 | $321,660 |
| 2021 | $9,247 | $735,718 | $420,365 | $315,353 |
| 2019 | $8,979 | $714,778 | $407,898 | $306,880 |
| 2018 | $8,878 | $700,780 | $399,900 | $300,880 |
| 2016 | $8,479 | $675,141 | $451,786 | $223,355 |
| 2015 | $8,359 | $665,000 | $445,000 | $220,000 |
| 2014 | $6,586 | $502,270 | $351,589 | $150,681 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Picker
-
D
Buyer's Agent in 2022
David Kim
WIN Realty & Properties
-
Sebastian Stofenmacher
Seller's Agent in 2017
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
(818) 464-5113
2 in this area
99 Total Sales
-
Matias Stofenmacher
Seller Co-Listing Agent in 2017
Matias Stofenmacher
Edgestone Real Estate, Inc.
(818) 464-5707
50 Total Sales
-
Sharlene Mosley
S
Buyer's Agent in 2017
Sharlene Mosley
Briarwood Realty Co.
(323) 839-7348
Map
Source: The MLS
MLS Number: 22-193989
APN: 5018-012-010
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© 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.
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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