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920 East 48th Street

920 East 48th Street, Los Angeles, CA 90011
Property in South LA
Sold Jul 21, 2017
$440,000
$264,000 by Mega Capital Funding Inc
Mortgage Due Aug 01, 2047
Sold Feb 08, 1994
Transfer
Local assessors in Los Angeles, CA have categorized 920 East 48th Street as a residential type of property. The home was built in 1923 and is 101 years old. The property's lot size has been calculated to be 7,503 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 13 rooms in the home. Of these, 5 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 4 full bathrooms. There are also 4 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 920 East 48th Street has a total of 2,072 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 average. 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 - B. The building has a roof that is made of composition shingle. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 920 East 48th Street was last sold in Jun 7, 2017 for $440,000. According to our calculations, that's $212.36 per sqft. Current property owners are expected to pay $5,985 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 920 East 48th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $481,202. To break that down further, the land itself was valued at $328,093. While improvements to the property were assessed at a total of $153,109. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 2
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,503
  • Total Building Area: 2,072
  • Gross Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL PARK TRACT
  • Land Acres: 0.172
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: CENTRAL PARK TRACT LOT/SEC 9 BLK/DIV/TWN G

Ownership

  • Current Owner : LEE DAVID
  • Current Owner 2: LEE JIN
  • Previous Owner : LOPEZ JOSE A
  • Previous Owner 2: LOPER MARIA J
  • Owner Before Previous Owner: GATEWOOD CHARLES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 229200

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-C3
  • Parcel: 5108-020-007
  • Block: G
  • Lot: 9
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34
  • Longitude: -118.26

    Address

  • Full Address: 920 E 48th St
  • Address - House Number: 920
  • Street Direction: E
  • Address - Street Name: 48th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 5411
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,985
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 746,733
  • High Value: 915,036
  • Low Value: 578,429

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $516,500
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 21, 2017
  • First Open Lien Mortgage Loan Amount: $264,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047
  • Second Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • Second Open Lien Mortgage Recording Date: Sep 02, 2021
  • Second Open Lien Mortgage Loan Amount: $252,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,202
  • Assessed Land Value: $328,093
  • Assessed Improvements Value: $153,109

    Sales

  • Current Sale Contract Date: Jun 07, 2017
  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Transaction ID: 1590065605
  • Current Sale Price: $440,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0820070
  • Previous Sale Recording Date: Feb 08, 1994
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Jul 21, 2017
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

About South LA



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Frequently Asked Questions

What neighborhood is 920 East 48th Street located in?
The 920 East 48th Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 920 East 48th Street?
The average sales price for units in 920 East 48th Street is $0 currently.

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