Seller's Agent in 2020
Jason Ma
RE/MAX
(714) 414-7578
1 in this area
46 Total Sales
965 W 43rd Place Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $738,000 - $1,081,000
7
Beds
4
Baths
2,195
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- Multi-Level Bedroom
- No HOA
- Cooling System Mounted To A Wall/Window
- Private Yard
- Neighborhood Views
- Living Room
About This Home
As of November 2020A builder/Investor’s dream! This USC adjacent duplex property located near the corner of Vermont Street and West 43rd Place, is in a
prime location of L.A. County. This duplex is located in blue-collar South Central which is situated near public transportation and many
employment hubs as well as USC and the Museum of Visual Narrative. Occupied with long-term tenants, this duplex is within a short
distance to Natural History Museum, LA Memorial Coliseum, Banc of California Stadium, University of Southern California, DTLA, Staples
Center, 10/110 freeways, and much more! Oh, and did I mention R-3 zoning? _______ *** Several options to maximize unit count + rental
income: (1) Option 1: To Maximize Unit Count Without New Construction - The oversize detached garage could be converted to a third unit.
(2) Option 2: To Maximize Unit Count With New Construction - Build another Fourplex behind the existing Duplex. (3) Option 3: To
Maximize Unit Count by tearing down the existing duplex and build a 10-unit apartment - This property benefits from a Tier-3 TOC
Designation which allows 10 units to be constructed on this R-3 zoning lot.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,535
Year Built
- Built in 1940
Lot Details
- 5,487 Sq Ft Lot
- Private Yard
- Back and Front Yard
- Property is zoned LAR3
Parking
- 2 Car Garage
Interior Spaces
- 2,195 Sq Ft Home
- 2-Story Property
- Living Room
- Neighborhood Views
Bedrooms and Bathrooms
- 7 Bedrooms | 4 Main Level Bedrooms
- Multi-Level Bedroom
- 4 Full Bathrooms
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 15 / 2
- Assessor Parcel Number 5020035033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2019
Sold by
Ma Jason
Bought by
Ma Jason and To Hien
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2019
Sold by
To Hien
Bought by
Ma Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2019
Sold by
Martinez Vicente and Martinez Teresa
Bought by
Ma Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2001
Sold by
Martinez Refugio and Martinez Lilia
Bought by
Martinez Vicente and Martinez Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.25%
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 |
|---|---|---|---|
| Ma Jason | -- | Orange Coast Title Company | |
| Ma Jason | -- | Orange Coast Title Company | |
| Ma Jason | $478,500 | Orange Coast Title Company | |
| Martinez Vicente | $263,636 | Chicago Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ma Jason | $405,000 | |
| Closed | Ma Jason | $408,000 | |
| Closed | Ma Jason | $400,000 | |
| Previous Owner | Martinez Vicente | $250,000 | |
| Previous Owner | Martinez Vicente | $182,000 | |
| Previous Owner | Martinez Vicente | $161,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2020 11/17/20 | Sold | $800,000 | 0.0% | $364 / Sq Ft |
| 11/09/2020 11/09/20 | Off Market | $800,000 | -- | -- |
| 11/02/2020 11/02/20 | For Sale | $799,000 | 0.0% | $364 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 07/07/2020 07/07/20 | For Sale | $799,000 | -- | $364 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,535 | $523,306 | $304,579 | $218,727 |
| 2024 | $6,535 | $513,046 | $298,607 | $214,439 |
| 2023 | $6,417 | $502,987 | $292,752 | $210,235 |
| 2022 | $6,130 | $493,125 | $287,012 | $206,113 |
| 2021 | $6,044 | $483,457 | $281,385 | $202,072 |
| 2020 | $6,102 | $478,500 | $278,500 | $200,000 |
| 2019 | $4,465 | $349,604 | $264,857 | $84,747 |
| 2018 | $4,357 | $342,750 | $259,664 | $83,086 |
| 2016 | $4,151 | $329,442 | $249,582 | $79,860 |
| 2015 | $4,092 | $324,495 | $245,834 | $78,661 |
| 2014 | $4,119 | $318,140 | $241,019 | $77,121 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Ma
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20132856
APN: 5020-035-033
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