NOT LISTED FOR SALE

Estimated Value: $1,790,000 - $2,312,000

8 Beds
4 Baths
5,164 Sq Ft
$397/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,600,000 $310 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $13,274/month

25 Days on Market

About This Home

As of May 2018

Excellent location of apartment or condo development land with R3 zoning. TOC tier 2 with 60% density bonus. Each unit has laundry room.Do not disturb tenants. Drive by only. Showing is subject to accepted offer.

Last Listed By

Helen Kim

Mokins Realty, Inc. License #01775058 Listed on: 03/06/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,254

Year Built

  • Built in 1923

Lot Details

  • 0.31

Parking

  • 10 Parking Spaces

Interior Spaces

  • 5,164 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 0.31 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5073-018-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,254

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5164
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 309.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 10

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 63139
  • Assessed Land Value: 266628
  • Assessor Parcel Number: 5073-018-007
  • Geocode Override: No
  • Lot Size Area: 13359

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.10
  • Number Of Units: 4
  • Total Annual Expense: 2460
  • Type Of Units: 4 units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2018
Sold by
Lee Kwang Soo
Bought by
Kim Jae Man and Kim Jennifer
Total Days on Market
25
Current Estimated Value
$2,049,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Lee Jae Yoo
Bought by
Lee Kwang Soo

Purchase Details

Closed on
Jul 31, 1996
Sold by
Lee Jum Soon
Bought by
Lee Kwang Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.33%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Kim Chong Ja
Bought by
Lee Kwang Soo and Lee Jae Yoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.33%

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
Kim Jae Man $1,600,000 Pacific Coast Title Company
Lee Kwang Soo -- Accommodation
Lee Kwang Soo -- --
Lee Kwang Soo $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jae Man $856,000
Closed Kim Jae Man $847,000
Previous Owner Kim Jae Man $850,000
Previous Owner Lee Kwang Soo $228,000
Previous Owner Lee Kwang Soo $150,000
Previous Owner Lee Kwang Soo $202,500
Previous Owner Lee Kwang Soo $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $1,600,000 +0.6% $310 / Sq Ft
03/06/2018 03/06/18 For Sale $1,590,000 -- $308 / 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 $22,254 $1,784,827 $1,450,173 $334,654
2023 $21,832 $1,749,832 $1,421,739 $328,093
2022 $20,835 $1,715,522 $1,393,862 $321,660
2021 $20,564 $1,681,885 $1,366,532 $315,353
2019 $19,957 $1,632,000 $1,326,000 $306,000
2018 $8,404 $647,568 $513,373 $134,195
2016 $4,435 $323,301 $261,400 $61,901
2015 $4,378 $318,446 $257,474 $60,972
2014 $4,423 $312,209 $252,431 $59,778
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 18-320234

The MLS

APN: 5073-018-007