NOT LISTED FOR SALE

Estimated Value: $405,590

3 Beds
1 Bath
748 Sq Ft
$542/Sq Ft Est. Value

Sale Details

Date Sold: February 24, 2021

Last sale price $185,000 $247 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,359 / mo

390 Days on Market

Highlights

  • City View
  • 3-minute walk to Vernon Station
  • Concrete Flooring
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of February 2021

A unique property ideal for live/work, commercial or residential use. Currently configured with three bedrooms and a bathroom but no kitchen. No yard or off street parking but lots of street parking. South of DTLA in an up and coming neighborhood.

Last Agent to Sell the Property

Trevor Webb

iPro Real Estate License #01094145 Listed on: 01/09/2020

Last Buyer's Agent

Eddie Levine

License #01431213

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 751 Sq Ft Lot
  • Lot Dimensions are 18x45
  • Property is zoned LAM1

Interior Spaces

  • 748 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Concrete Flooring
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5116-021-012

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

751 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: No
  • Advertising Remarks: A unique property ideal for live/work, commercial or residential use. Currently configured with three bedrooms and a bathroom but no kitchen. No yard or off street parking but lots of street parking. South of DTLA in an up and coming neighborhood.
  • Living Area: 748
  • Lot Dimensions: 18x45
  • Probate: No
  • Stories: 1
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Cement
  • Bedrooms: 3
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1.00
  • Price Per S Q F T: 300.80

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5116-021-012
  • Geocode Override: No
  • Lot Size Area: 751

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2024
Sold by
Lin Ching Heng and Lin Elsa
Bought by
Perez Walter
Current Estimated Value
$405,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Outstanding Balance
$363,672
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$41,918

Purchase Details

Closed on
Mar 23, 2018
Sold by
Webb Trevor L
Bought by
Webb Trevor L

Purchase Details

Closed on
Jan 2, 2018
Sold by
Knox Andrea Young
Bought by
Webb Trevor

Purchase Details

Closed on
Feb 6, 1989
Sold by
Young Ruth M
Bought by
Webb Trevor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Walter $390,000 Wfg National Title
Webb Trevor L -- Stewart Title Of California
Webb Trevor -- None Available
Webb Trevor -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Walter $370,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $185,000 -17.8% $247 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/08/2021 01/08/21 Price Changed $225,000 0.0% $301 / Sq Ft
01/08/2021 01/08/21 For Sale $225,000 -1.7% $301 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $229,000 -8.0% $306 / Sq Ft
03/19/2020 03/19/20 Price Changed $249,000 -3.9% $333 / Sq Ft
02/15/2020 02/15/20 Price Changed $259,000 -2.3% $346 / Sq Ft
01/09/2020 01/09/20 For Sale $265,000 -- $354 / Sq Ft
Source: The MLS

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 $2,503 $397,800 $295,800 $102,000
2024 $2,503 $196,322 $116,732 $79,590
2023 $2,457 $192,474 $114,444 $78,030
2022 $2,342 $188,700 $112,200 $76,500
2021 $1,682 $131,396 $73,582 $57,814
2020 $1,696 $130,050 $72,828 $57,222
2019 $1,632 $127,500 $71,400 $56,100
2018 $291 $14,528 $5,440 $9,088
2016 $268 $13,966 $5,230 $8,736
2015 $266 $13,757 $5,152 $8,605
2014 $268 $13,489 $5,052 $8,437
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 20-542212

The MLS

APN: 5116-021-012

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