Check Availability

1558 East 48th Street

1558 East 48th Street, Los Angeles, CA 90011
Property in Central Alameda
Sold Nov 18, 1999
$137,000
$337,500 by Indymac Bank Fsb
Mortgage Due May 01, 2037
Sold Oct 30, 1998
$95,000
$71,250 by Bank Of America
Mortgage Due Nov 01, 2028
Local assessors in Los Angeles, CA have categorized 1558 East 48th Street as a residential type of property. The home was built in 1908 and is 116 years old. It was most recently renovated and altered in 1922. The property's lot size has been calculated to be 6,019 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 400 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1558 East 48th Street has a total of 1,382 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1558 East 48th Street sold most recently in Aug 9, 1999 for a total of $137,000. If you work out the math, that's approximately a cost of $99.13 per sqft. Before that, the property was also sold for $95,000 in Aug 25, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,545 in taxes each year. 1558 East 48th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,365. If we break it down further, the land itself was valued at $118,174. Improvements to the property, however, were assessed at a total of $84,191. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,019
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,382
  • Building Area: 1,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SMITH BROTHERS AVENUE
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SMITH BROS COMPTON AVE TRACT # 2 LOT/SEC 64 BLK/DIV/TWN C

Ownership

  • Current Owner : MARTINEZ AUGUSTINE
  • Current Owner 2: MARTINEZ JOSEFINA
  • Previous Owner : OLIVER ENRIQUE
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228800

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-D3
  • Subdivision Tract Number: 2
  • Parcel: 5106-018-004
  • Block: C
  • Lot: 64
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34
  • Longitude: -118.246

    Address

  • Full Address: 1558 E 48th St
  • Address - House Number: 1558
  • Street Direction: E
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C045
  • 4-Digit Zip Code: 4304
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,545
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 598,849
  • High Value: 741,931
  • Low Value: 455,767

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $337,500
  • First Open Lien Mortgage Lender: INDYMAC BANK FSB
  • First Open Lien Mortgage Recording Date: May 03, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $337,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: May 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,365
  • Assessed Land Value: $118,174
  • Assessed Improvements Value: $84,191

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 1999
  • Current Sale Recording Date: Nov 18, 1999
  • Current Sale Transaction ID: 1010072007
  • Current Sale Price: $137,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 99-2147784
  • Previous Sale Recording Date: Oct 30, 1998
  • Previous Sale Contract Date: Aug 25, 1998
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FRANKLIN FIN
  • First Mortgage Transaction Date: Nov 18, 1999
  • First Mortgage Loan Amount: $109,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Dec 01, 2029
  • Second Mortgage Loan Amount: $27,400

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Oct 30, 1998
  • Previous Mortgage Loan Amount: $71,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2028

About South LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1855 Industrial St, Los Angeles, CA, 90021

$4,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,598 ft²
1855 Industrial St #406, Los Angeles, CA, 90021 Listing by Anh Tran
Unit for rent at 1850 Industrial St, Los Angeles, CA, 90021

$4,195 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,189 ft²
1850 Industrial St #204, Los Angeles, CA, 90021 Listing by Frank Bruno
Unit for rent at 2230 Inez St, LOS ANGELES, CA, 90023

$3,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,081 ft²
2230 Inez St, LOS ANGELES, CA, 90023 Listing by Paula Achter

Frequently Asked Questions

What neighborhood is 1558 East 48th Street located in?
The 1558 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 1558 East 48th Street?
The average sales price for units in 1558 East 48th Street is $0 currently.

Quantcast