Dr. Kavitha Reddy-Bhatia and Vamshidhar Reddy bought a four-bedroom, four-bath home at 1416 E. 41st Place in Southeast Los Angeles from Mtc Financial Inc., John L. Wilson and Tammy D. Wilson for $273,500 on Nov. 1.

The Wilsons paid $765,000 for the property in Aug. 2007. The 2,640-square-foot house was built in 1928.

Dr. Reddy-Bhatia practices pediatrics in Santa Monica, California.

She earned her medical degree and completed her residency at the University of California David Geffen School of Medicine-Los Angeles.

According to BlockShopper.com, there have been 1,813 home sales in Southeast Los Angeles during the past 12 months, with a median sale price of $165,000.

Address: 1416 East 41st Place
Buyer(s): Kavitha Reddy and Vamshidhar Reddy
Seller(s): Mtc Financial Inc (Trustee), Corps (Trustee), John L Wilson and Tammy D Wilson
Sale date: Nov. 1, 2010