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1345 East 48th Street

1345 East 48th Street, Los Angeles, CA 90011
Property in Central Alameda
Sold Aug 31, 1995
$125,000
$112,375 by American Svg Bank
Mortgage Due Sep 01, 2025
Sold Jul 06, 1995
$62,909
1345 East 48th Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1345 East 48th Street has 1,592 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,240 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,987 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing floor/wall heating system. The property was last sold in Aug 8, 1995 for $125,000. That's $78.52 per sqft. Prior to that sales transaction, the property was also sold in Jul 5, 1995 for $62,909. 1345 East 48th Street was last assessed in 2023. The total value of the property was assessed at $270,801. Specifically, the land the property is located on was valued at $115,615. While improvements on the property were assessed at a total of $155,186. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,414. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Conventional
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,987
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Floor/wall
  • Heated Square Feet: 1,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRIDER & HAMILTONS VERNON PARK
  • Land Acres: 0.115
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: GRIDER AND HAMILTONS VERNON PARK LOT/SEC 23 BLK/DIV/TWN D

Ownership

  • Current Owner : OSORTO JULIO CESAR
  • Current Owner 2: DIAZ SUYAPA
  • Previous Owner : PEREA JUAN M
  • Previous Owner 2: PEREA MARTHA
  • Owner Before Previous Owner: NEVAREZ HECTOR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228720

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-D3
  • Parcel: 5107-014-025
  • Block: D
  • Lot: 23
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0005
  • Longitude: -118.251

    Address

  • Full Address: 1345 E 48th St
  • Address - House Number: 1345
  • Street Direction: E
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 4207
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,414
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 637,898
  • High Value: 783,018
  • Low Value: 492,777

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,375
  • First Open Lien Mortgage Lender: AMERICAN SVG BANK
  • First Open Lien Mortgage Recording Date: Aug 31, 1995
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $112,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,801
  • Assessed Land Value: $115,615
  • Assessed Improvements Value: $155,186

    Sales

  • Current Sale Contract Date: Aug 08, 1995
  • Current Sale Recording Date: Aug 31, 1995
  • Current Sale Transaction ID: 1026989650
  • Current Sale Price: $125,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-1423329
  • Previous Sale Recording Date: Jul 06, 1995
  • Previous Sale Contract Date: Jul 05, 1995
  • Previous Sale Amount: $62,909
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN SVG BANK
  • First Mortgage Transaction Date: Aug 31, 1995
  • First Mortgage Loan Amount: $112,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2025

    Financing

  • First Mortgage Financing Type: Variable

About South LA



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Frequently Asked Questions

What neighborhood is 1345 East 48th Street located in?
The 1345 East 48th Street is a located in the neighborhood of Central Alameda in South LA, Los Angeles.
What is the average sales price for listings in 1345 East 48th Street?
The average sales price for units in 1345 East 48th Street is $0 currently.

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