NOT LISTED FOR SALE

Estimated Value: $960,000 - $1,232,000

5 Beds
4 Baths
1,838 Sq Ft
$603/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $925,000 $503 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,187/month

47 Days on Market

Highlights

  • Golf Course Community
  • Laundry Room
  • Back and Front Yard
  • Park
  • Electric Fence

About This Home

As of May 2021

AMAZING PROPERTY IN THE HEART OF LOS ANGELES!! Nicely Renovated units that have NEW roofing, NEW A/C each unit and 2 auto iron gate. The first unit includes 3 bedrooms, 2 bathrooms with wood flooring throughout along with a spacious living room and a modern kitchen. The Second Unit includes 2 Bedrooms, 2 Bathrooms, and den. Being minutes away Korea Town & DTLA this property is an investor DREAM!

Last Listed By

Jerry Macias

Vida Real Estate License #01967886 Listed on: 01/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,131

Year Built

  • Built in 1902

Lot Details

  • 4,774 Sq Ft Lot
  • 1 Common Wall
  • Electric Fence
  • Fence is in excellent condition
  • Back and Front Yard

Home Design

  • 1,838 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 37
  • Assessor Parcel Number 5075020015

Community Details

Overview

  • 2 Units

Recreation

  • Golf Course Community
  • Park

Building Details

  • Rent Control
  • Gross Income $58,140
  • Net Operating Income $55,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,131

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5075020015
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 503.26

Exterior Features

  • Fence: Yes
  • Fencing: Electric, Excellent Condition
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Golf, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4774.00
  • Lot Size Acres: 0.1096

Multi Family

  • Gross Operating Income: 58140.00
  • Gross Scheduled Income: 61200.00
  • Lot Size Area: 4774.0000 Square Feet
  • Net Operating Income: 55080.00
  • Number Of Units Total: 2
  • Operating Expense: 3060.00
  • Operating Expense Percent: 5.00
  • Rent Control: Yes
  • Vacancy Allowance: 3050
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 2212.20
  • Tax Lot: 37
  • Tax Tract Number: 37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Ryu Yeong Ae
Bought by
Monnot Jacques and Monnot Christine
Total Days on Market
47
Current Estimated Value
$1,108,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jul 30, 2014
Sold by
Choi Young Kook
Bought by
Ryu Yeong Ae
Seller's Agent
Dustin Figueroa
Gold Team Realty
Buyer's Agent
K Chang
The H Realty
List Price
$429,000
Sold Price
$430,000
Premium/Discount to List
$1,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$279,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jul 8, 2014
Sold by
Rr Capitol Inc
Bought by
Ryu Yeong Ae
Seller's Agent
Dustin Figueroa
Gold Team Realty
Buyer's Agent
K Chang
The H Realty
List Price
$429,000
Sold Price
$430,000
Premium/Discount to List
$1,000
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2014
Closed on
Jan 22, 2014
Sold by
Ayala Maritza C
Bought by
Rr Capitol Inc
Seller's Agent
Ruth Hernandez
P3 Realty Inc
Buyer's Agent
Dustin Figueroa
Gold Team Realty
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
305.87%
Original Mortgage
$199,000
Interest Rate
4.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2004
Sold by
Cano Raul
Bought by
Ayala Maritza C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,905
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2001
Sold by
Molina Guillermo
Bought by
Cano Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,528
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2001
Sold by
Aviles Nicolasa
Bought by
Molina Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,528
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2000
Sold by
Aviles Nicolasa
Bought by
Aviles Nicolasa

Purchase Details

Closed on
Oct 2, 2000
Sold by
Hud
Bought by
Aviles Nicolasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
7.88%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 3, 1998
Sold by
Moreno Juana
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding

Purchase Details

Closed on
Aug 20, 1996
Sold by
Federal National Mortgage Association
Bought by
Moreno Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,710
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1996
Sold by
Gomez Miriam S and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association

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
Monnot Jacques $925,000 Chicago Title
Ryu Yeong Ae -- Pacific Coast Title
Ryu Yeong Ae $430,000 Pacific Coast Title
Rr Capitol Inc $249,002 Pacific Coast Title Company
Ayala Maritza C $580,000 Southland Title
Cano Raul $249,000 Southland Title
Molina Guillermo -- Southland Title
Aviles Nicolasa -- --
Aviles Nicolasa $189,000 Provident Title
Hud -- First Southwestern Title Co
Fleet Mtg Corp $147,764 First Southwestern Title Co
Moreno Juana $129,000 Southland Title Corporation
Federal National Mortgage Association $134,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monnot Jacques $610,000
Previous Owner Ryu Yeong Ae $543,000
Previous Owner Ryu Yeong Ae $279,500
Previous Owner Rr Capitol Inc $199,000
Previous Owner Ayala Maritza C $566,250
Previous Owner Ayala Maritza C $550,905
Previous Owner Cano Raul $245,528
Previous Owner Aviles Nicolasa $170,100
Previous Owner Moreno Juana $127,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $925,000 0.0% $503 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $925,000 +115.1% $503 / Sq Ft
08/01/2014 08/01/14 Sold $430,000 +0.2% $232 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $429,000 +72.3% $232 / Sq Ft
03/12/2014 03/12/14 Sold $249,000 0.0% $135 / Sq Ft
01/25/2014 01/25/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $249,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,131 $981,616 $636,724 $344,892
2023 $11,901 $962,370 $624,240 $338,130
2022 $11,354 $943,500 $612,000 $331,500
2021 $6,500 $524,075 $333,095 $190,980
2020 $6,563 $518,702 $329,680 $189,022
2019 $6,310 $508,532 $323,216 $185,316
2018 $5,660 $454,192 $316,879 $137,313
2017 $5,541 $445,287 $310,666 $134,621
2016 $5,404 $436,557 $304,575 $131,982
2015 $5,326 $430,000 $300,000 $130,000
2014 $8,170 $659,507 $454,833 $204,674
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21013925

California Regional Multiple Listing Service (CRMLS)

APN: 5075-020-015