NOT LISTED FOR SALE

Estimated Value: $887,000 - $1,063,000

4 Beds
2 Baths
1,638 Sq Ft
$600/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $820,000 $501 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,351/month

68 Days on Market

Highlights

  • Gated Parking
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of December 2021

Beautiful 2 unit property in the heart of Los Angeles. Front unit is 3 bedrooms and 1 bathroom unit while the back unit is a 2 bedrooms and 1 bathrooms unit. Detached units that give privacy to both units. Gated property with 3 tandem parking spaces on driveway. This property can be a great investment property to add to one's profile.

Last Listed By

Yongho Rho

Max Mega Group License #01035466 Listed on: 08/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,471

Year Built

  • Built in 1923

Lot Details

  • 4,776

Home Design

  • Duplex

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway
  • Gated Parking

Additional Features

  • 4,776 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5075-020-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,471

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1638
  • Lot Acreage: 0.1097
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 524.42

Exterior Features

  • Other Structures: Accessory Dwelling Unit

Garage/Parking

  • Parking Garage: Driveway - Concrete, Gated
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 18.75
  • Assessed Improvement Value: 88516
  • Assessed Land Percent: 81.25
  • Assessed Land Value: 383590
  • Total Assessed Value: 472106
  • Assessor Parcel Number: 5075-020-013
  • Lot Size Area: 4776

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Dec 8, 2021
Sold by
Yoon Yung Ja and The Yung Ja Yoon Revocable Tru
Bought by
Cho Myung Suk
Seller's Agent
Yongho Rho
Max Mega Group
Buyer's Agent
Myung Suk Cho
Max Mega Group
List Price
$859,000
Sold Price
$820,000
Premium/Discount to List
-$39,000
-4.54%
Total Days on Market
68
Current Estimated Value
$983,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,471
Avg. Annual Appreciation
5.54%
Original Mortgage
$615,000
Outstanding Balance
$580,120
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$403,351

Purchase Details

Closed on
May 20, 2020
Sold by
Yoon Yung Ja
Bought by
Yoon Yung Ja and Yung Ja Yoon Revocable Trust

Purchase Details

Closed on
Jun 25, 2010
Sold by
Aquino Jorge
Bought by
Yoon Yung Ja

Purchase Details

Closed on
Nov 3, 2009
Sold by
Us Bank National Association
Bought by
Aquino Jorge

Purchase Details

Closed on
Jul 17, 2009
Sold by
Serrano Fernando and Serrano Emma
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 13, 2005
Sold by
Ramirez Karlos
Bought by
Serrano Fernando and Serrano Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,200
Interest Rate
6.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2005
Sold by
Mallouf Clifford and The Mallouf Family Trust
Bought by
Ramirez Karlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1993
Sold by
Mallouf Clifford and Mallouf Martha
Bought by
Mallouf Clifford and Mallouf Martha

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cho Myung Suk $820,000 Pacific Coast Title Company
Yoon Yung Ja -- None Available
Yoon Yung Ja $400,000 Stewart Title Of California
Aquino Jorge $280,000 North American Title Co
Us Bank National Association $265,000 Accommodation
Serrano Fernando $749,000 Southland Title
Ramirez Karlos $450,000 North American Title Co
Mallouf Clifford -- World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Myung Suk $615,000
Previous Owner Yoon Yung Ja $200,000
Previous Owner Serrano Fernando $149,800
Previous Owner Serrano Fernando $599,200
Previous Owner Ramirez Karlos $360,000
Closed Ramirez Karlos $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $820,000 -4.5% $501 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $859,000 0.0% $524 / Sq Ft
10/01/2021 10/01/21 Price Changed $859,000 +1.2% $524 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $849,000 -11.5% $518 / Sq Ft
08/19/2021 08/19/21 For Sale $959,000 -- $585 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,471 $853,128 $759,492 $93,636
2023 $10,272 $836,400 $744,600 $91,800
2022 $9,799 $820,000 $730,000 $90,000
2021 $5,831 $476,996 $387,563 $89,433
2020 $5,887 $472,106 $383,590 $88,516
2019 $5,658 $462,850 $376,069 $86,781
2018 $5,560 $453,776 $368,696 $85,080
2016 $5,307 $436,157 $354,380 $81,777
2015 $5,230 $429,606 $349,057 $80,549
2014 $5,257 $421,192 $342,220 $78,972
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 21-774600

The MLS

APN: 5075-020-013