
940 W 48th St Los Angeles, CA 90037
Vermont Square Neighborhood
7
Beds
5
Baths
3,658
Sq Ft
5,849
Sq Ft Lot
About This Home
As of December 2016Four unit residential apartment building. Priced to sell immediately. Great income and excellent upside. Pride of ownership. Professionally managed. Three bedroom unit being evicted, will most likely be vacant at close of escrow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,748
Year Built
- Built in 1965
Home Design
- Quadruplex
Interior Spaces
- 3,658 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
Additional Features
- 5,849 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5018-012-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 8, 2024
Sold by
Guerra Mario P and Guerra Mario Peraza
Bought by
Peraza-Guerra Family Trust and Guerra
Current Estimated Value
Purchase Details
Closed on
Dec 16, 2022
Sold by
Saul Renteria Living Trust
Bought by
Guerra Mario P and Peraza Anna
Purchase Details
Closed on
May 21, 2019
Sold by
Timing Bliss Ii Llc
Bought by
Renteria Saul H
Purchase Details
Closed on
May 14, 2019
Sold by
Alton Frank M
Bought by
Renteria Saul H
Purchase Details
Listed on
Sep 13, 2016
Closed on
Oct 7, 2016
Sold by
Kim David
Bought by
Timing Bliss Ii Llc
Seller's Agent
Kay Kim
Dream Realty & Investments Inc
Buyer's Agent
Bryan Castillo
List Price
$749,000
Sold Price
$732,000
Premium/Discount to List
-$17,000
-2.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$475,800
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Feb 8, 2015
Closed on
Mar 22, 2016
Sold by
The Hawthorne Palms Llc
Bought by
Kim David
Seller's Agent
Cliff Uzan
Uzan Realty
Buyer's Agent
Cliff Uzan
Uzan Realty
List Price
$695,000
Sold Price
$608,000
Premium/Discount to List
-$87,000
-12.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.90%
Original Mortgage
$425,600
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2012
Sold by
Morler Robert
Bought by
The Hawthorne Palms Llc
Purchase Details
Closed on
Mar 17, 2010
Sold by
The Broker Connection Llc
Bought by
Morler Robert A
Purchase Details
Closed on
Dec 15, 2006
Sold by
940 West 48Th Street Humanitarian Land T
Bought by
Los Angeles Land Trust and Mrk Consulting Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 2006
Sold by
Los Angeles Land Trust
Bought by
940 West 48Th Street Humanitarian Land T and The Broker Connection Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 2005
Sold by
Hill Maurice M
Bought by
940 W 48Th Street Land Trust and The Broker Connection Llc
Similar Homes in Los Angeles, CA
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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 | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Listed On Document | |
Grant Deed | $995,000 | Fidelity National Title | |
Grant Deed | $815,000 | Chicago Title Company | |
Quit Claim Deed | -- | Chicago Title Company | |
Grant Deed | $732,000 | Chicago Title Company | |
Grant Deed | $608,000 | Chicago Title Company | |
Quit Claim Deed | -- | Chicago Title | |
Grant Deed | -- | Stewart Title Company | |
Grant Deed | $80,000 | Chicago Title Co | |
Grant Deed | $80,000 | None Available | |
Grant Deed | -- | Chicago Title |
Source: Public Records
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $475,800 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $425,600 | New Conventional | |
Previous Owner | $80,000 | Purchase Money Mortgage |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/03/2016 12/03/16 | Sold | $732,000 | -2.3% | $200 / Sq Ft |
09/13/2016 09/13/16 | For Sale | $749,000 | +23.2% | $205 / Sq Ft |
04/19/2016 04/19/16 | Sold | $608,000 | -12.5% | $166 / Sq Ft |
02/19/2016 02/19/16 | Pending | -- | -- | -- |
02/08/2015 02/08/15 | For Sale | $695,000 | -- | $190 / 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 | $12,748 | $1,035,198 | $723,078 | $312,120 |
2024 | $12,748 | $1,014,900 | $708,900 | $306,000 |
2023 | $12,510 | $995,000 | $695,000 | $300,000 |
2022 | $10,477 | $856,708 | $599,171 | $257,537 |
2021 | $10,331 | $839,911 | $587,423 | $252,488 |
2019 | $639 | $761,812 | $303,796 | $458,016 |
2018 | $9,352 | $746,880 | $297,840 | $449,040 |
2016 | $8,650 | $695,000 | $495,000 | $200,000 |
2015 | $8,652 | $695,000 | $495,000 | $200,000 |
2014 | $4,253 | $316,200 | $212,160 | $104,040 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2016
Kay Kim
Dream Realty & Investments Inc
(213) 820-5670
6 Total Sales
-
Seller's Agent in 2016
Cliff Uzan
Uzan Realty
(310) 704-5653
8 Total Sales
-
B
Buyer's Agent in 2016
Bryan Castillo
Map
Source: The MLS
MLS Number: 15-826483

APN: 5018-012-014
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