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Sold for $483,000
  • $483,000

    700 E Vernon Ave, Los Angeles, CA 90011

    --beds
    2baths
    2,100sqft
    MultiFamily
    Built in 1909
    -- sqft lot
    $694,900 Zestimate®
    $230/sqft
    $2,977 Estimated rent

    Home value

    $694,900

    $625,000 - $771,000

    $2,977/mo

    Zestimate® history
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    $2,977/mo

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    $3,095/mo

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    What's special

    REGULAR SALE!!! SELLERS REALLY MOTIVATED, THEY WILL ENTERTAIN ANY REASONABLE OFFER...Originally 1 bed, 1 bath each unit, permitted 3 bed, 1 bath addition built at the rear of property, THIS PROPERTY CAN BE USED AS 3 UNITS DWELLING, DUPLEX WITH ALLOWED R3 OCCUPANCY(UP TO THREE SEPARATE FAMILIES CAN LEGALLY OCCUPY THIS PROPERTY), BY CITY HOUSING RULES ONLY OWNER CAN LIVE IN ADDITION AND ONLY THE FRONT UNITS CAN BE RENTED OUT, vacant addition attached to west side unit, alley access and rear parking as well; Sellers recently replaced most of the plumbing(copper) and drain lines, one of the units have new granite counter tops. LONG TERM REALLY GOOD TENANTS, LIVE IN THE BACK ADDITION AND PAY THE MORTGAGE WITH THE RENTS COLLECTED FROM THE FRONT UNITS, TAKE ADVANTAGE OF LOW DOWNPAYMENT GOVERMENT PROGRAMS, SELLERS COULD AGREE ON VACATE ONE OR TWO UNITS AT CLOSING...

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    Interior area
    • Total interior livable area: 2,100 sqft

    Property

    Lot
    • Size: 4,900 Square Feet
    Details
    • Parcel number: 5108002034

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1909

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $492,660
    • Annual tax amount: $6,229

    Price history

    DateEventPrice
    1/18/2024Sold$483,000+141.5%$230/sqft
    Source: Public Record Report a problem
    6/15/2012Sold$200,000-11.1%$95/sqft
    Source: Public Record Report a problem
    1/27/2012Listing removed$224,900$107/sqft
    Source: First Family Homes #Y1106589 Report a problem
    12/23/2011Price change$224,900-6.3%$107/sqft
    Source: First Family Homes #Y1106589 Report a problem
    10/28/2011Price change$239,900-4%$114/sqft
    Source: First Family Homes #Y1106589 Report a problem
    10/22/2011Price change$249,900+4.2%$119/sqft
    Source: 21 Family Homes #Y1104526 Report a problem
    10/13/2011Price change$239,900-4%$114/sqft
    Source: 21 Family Homes #Y1104526 Report a problem
    9/15/2011Price change$249,900-10.7%$119/sqft
    Source: 21 Family Homes #Y1104526 Report a problem
    8/20/2011Price change$279,900-6.7%$133/sqft
    Source: 21 Family Homes #Y1104526 Report a problem
    7/21/2011Listed for sale$299,900+175.1%$143/sqft
    Source: 21 Family Homes #Y1104526 Report a problem
    10/6/2009Sold$109,000-28.8%$52/sqft
    Source: Public Record Report a problem
    10/6/2008Sold$153,025-74.4%$73/sqft
    Source: Public Record Report a problem
    11/30/2006Sold$598,000+37.5%$285/sqft
    Source: Public Record Report a problem
    4/5/2006Sold$435,000+77.6%$207/sqft
    Source: Public Record Report a problem
    7/1/2003Sold$245,000+46.7%$117/sqft
    Source: Public Record Report a problem
    5/24/1994Sold$167,000$80/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,229 +30.4%$492,660 +33.9%
    2024$4,777 +1.9%$367,930 +2%
    2023$4,690 +50.5%$360,717 +52.4%
    2022$3,117 +1.3%$236,714 +2%
    2021$3,077 -0.9%$232,073 +1%
    2020$3,103 $229,695 +2%
    2019$3,103 +7.2%$225,192 +2%
    2018$2,894 $220,777 +2%
    2017$2,894 +2.2%$216,449 +2%
    2016$2,832 +2.5%$212,206 +1.5%
    2015$2,762 +0.6%$209,019 +2%
    2014$2,746 $204,925 +20.9%
    2012-- $169,566 +2%
    2011-- $166,242 -37.3%
    2010-- $265,100 -1.8%
    2009-- $270,000 -55.7%
    2008-- $609,960 +2%
    2007-- $598,000 +127.6%
    2006-- $262,701
    2005-- $262,701 +7.2%
    2004-- $245,000 +29.1%
    2003-- $189,728 +2%
    2002-- $186,009 +4%
    2000-- $178,788
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $694,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $694,900