Seller's Agent in 2022
David Kaufman
David Ballin Kaufman
(818) 464-3211
6 in this area
31 Total Sales
231 S Alexandria Ave Los Angeles, CA 90004
Koreatown NeighborhoodEstimated Value: $1,402,000 - $1,781,000
6
Beds
5
Baths
4,243
Sq Ft
$376/Sq Ft
Est. Value
About This Home
As of June 2022We are proud to present this development opportunity in an outstanding location in Koreatown. The three unit building is located east of Normandie Avenue and north of 3rd Street. The 7,260 square foot LAR4 zoned lot is entitled for 26 apartment units ($70,192 per buildable unit), 3 being dedicated to affordable housing. A new Buyer may be able to obtain favorable financing options.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,845
Year Built
- Built in 1924
Lot Details
- 7,261
Home Design
- 4,243 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 3 Parking Spaces
- Assigned Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
Additional Features
- Oven or Range
- 7,261 Sq Ft Lot
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5518-008-007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2023
Sold by
Lee Hyungmin
Bought by
Amsaza Llc
Total Days on Market
532
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$136,292
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,346,317
Purchase Details
Closed on
Nov 3, 2022
Sold by
Amsaza Llc
Bought by
Lee Hyungmin
Purchase Details
Listed on
Dec 1, 2020
Closed on
Jun 13, 2022
Sold by
231 Alexandria Llc
Bought by
Amsaza Llc
Seller's Agent
David Kaufman
David Ballin Kaufman
Buyer's Agent
Jessica Shin
GAIA
List Price
$1,825,000
Sold Price
$1,460,000
Premium/Discount to List
-$365,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Purchase Details
Listed on
Oct 26, 2015
Closed on
Apr 25, 2016
Sold by
Hong Ki Pyo and Hong Yeo Hwan
Bought by
231 Alexandria Llc
Seller's Agent
Mi Choi
New Star Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,395,000
Sold Price
$1,385,000
Premium/Discount to List
-$10,000
-0.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$945,000
Interest Rate
3.71%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 30, 2012
Sold by
Hong Ki Pyo
Bought by
Hong Ki Pyo and Hong Yeo Hwan
Purchase Details
Closed on
Jun 30, 2005
Sold by
Im Kang Cha Sul and Im Kang Hong
Bought by
Hong Ki Pyo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 16, 2004
Sold by
Kang Cha Sul
Bought by
Im Kang Cha Sul and Im Kang Hong
Purchase Details
Closed on
Jun 6, 2003
Sold by
Kang Hong Im
Bought by
Kang Cha Sul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 9, 2003
Sold by
Rodriguez Dionisio S and Rodriguez Rosita G
Bought by
Kang Cha Sul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amsaza Llc | -- | Accommodation/Courtesy Recordi | |
| Lee Hyungmin | -- | Accommodation/Courtesy Recordi | |
| Lee Hyungmin | -- | Accommodation/Courtesy Recordi | |
| 231 Alexandria Llc | $1,385,000 | Chicago Title Company | |
| Hong Ki Pyo | -- | None Available | |
| Hong Ki Pyo | $820,000 | Stewart Title | |
| Im Kang Cha Sul | -- | -- | |
| Kang Cha Sul | -- | -- | |
| Kang Cha Sul | $490,000 | Stewart Title Of Ca Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Hyungmin | $140,000 | |
| Previous Owner | 231 Alexandria Llc | $945,000 | |
| Previous Owner | 231 Alexandria Llc | $945,000 | |
| Previous Owner | Hong Ki Pyo | $185,000 | |
| Previous Owner | Hong Ki Pyo | $615,000 | |
| Previous Owner | Kang Cha Sul | $200,000 | |
| Previous Owner | Kang Cha Sul | $41,000 | |
| Previous Owner | Kang Cha Sul | $392,000 | |
| Previous Owner | Rodriguez Dionisio S | $298,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2022 06/17/22 | Sold | $1,460,000 | -11.5% | $344 / Sq Ft |
| 05/17/2022 05/17/22 | Pending | -- | -- | -- |
| 02/23/2022 02/23/22 | Price Changed | $1,650,000 | -4.3% | $389 / Sq Ft |
| 08/28/2021 08/28/21 | Price Changed | $1,725,000 | +1.5% | $407 / Sq Ft |
| 07/25/2021 07/25/21 | Price Changed | $1,700,000 | -6.8% | $401 / Sq Ft |
| 12/01/2020 12/01/20 | For Sale | $1,825,000 | +31.8% | $430 / Sq Ft |
| 04/28/2016 04/28/16 | Sold | $1,385,000 | -0.7% | $326 / Sq Ft |
| 03/23/2016 03/23/16 | Pending | -- | -- | -- |
| 10/26/2015 10/26/15 | For Sale | $1,395,000 | -- | $329 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $18,845 | $1,518,984 | $1,310,904 | $208,080 |
| 2023 | $18,487 | $1,489,200 | $1,285,200 | $204,000 |
| 2022 | $18,629 | $1,544,990 | $1,082,051 | $462,939 |
| 2021 | $18,387 | $1,514,697 | $1,060,835 | $453,862 |
| 2020 | $18,573 | $1,499,167 | $1,049,958 | $449,209 |
| 2019 | $17,841 | $1,469,772 | $1,029,371 | $440,401 |
| 2018 | $17,682 | $1,440,954 | $1,009,188 | $431,766 |
| 2016 | $11,667 | $946,608 | $750,362 | $196,246 |
| 2015 | $11,499 | $932,390 | $739,091 | $193,299 |
| 2014 | $11,550 | $914,127 | $724,614 | $189,513 |
Source: Public Records
Agents Affiliated with this Home
-
David Kaufman
-
Jessica Shin
Buyer's Agent in 2022
Jessica Shin
GAIA
(310) 866-9978
12 in this area
43 Total Sales
-
Mi Choi
M
Seller's Agent in 2016
Mi Choi
New Star Realty
3 in this area
17 Total Sales
-
S
Buyer's Agent in 2016
Subscriber Non
Non-Participant Office
Map
Similar Homes in the area
Source: The MLS
MLS Number: 20-666328
APN: 5518-008-007
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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