NOT LISTED FOR SALE

Estimated Value: $2,082,000 - $3,262,000

3 Beds
2 Baths
1,500 Sq Ft
$1,884/Sq Ft Est. Value

Highlights

  • City Lights View
  • Living Room
  • Central Air
  • No HOA
  • Laundry Room
  • Dogs and Cats Allowed

About This Home

As of March 2021

HUGE PRICE DROP! REMODELED IN 2020! Updated kitchen with latest stainless appliances, new bathroom, new floor and newly painted. This 3Br/2ba Apartment unit has THREE car parking spaces. Apartment has FREE laundry washer and dryer in the building. Prime location near Beverly Hills, the Grove, Beverly Center and La Cienega Park. Just south of Olympic and Bedford. Conveniently located near LA's best restaurants, shops and entertainment. Small pets are allowed.

Last Agent to Rent the Property

Renee Jang

RE/MAX Diamond License #02080820 Listed on: 12/24/2020

RE/MAX Diamond

Last Renter's Agent

Renee Jang

RE/MAX Diamond License #02080820 Listed on: 12/24/2020

RE/MAX Diamond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,555

Year Built

  • Built in 1965

Lot Details

  • 5,721 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 1,500 Sq Ft Home
  • Living Room
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Security Deposit $3,550
  • 12-Month Minimum Lease Term
  • Available 12/25/20
  • Tax Lot 51
  • Tax Tract Number 7170
  • Assessor Parcel Number 4332020015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,555

Year Built

Built in 1965

Lot Details

0

Parking

3

Rental Info

  • Available Date: 2020-12-25
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 3550
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Size Limit

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 4332020015
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.00
  • Room Type: Kitchen, Living Room, Master Bedroom

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5721.00
  • Lot Size Acres: 0.1313

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 5721.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 7170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2022
Sold by
Yong Do Sung and Yong Eunice Y
Bought by
Razi David Farahmand and Razi Saghi Shayan
Current Estimated Value
$2,825,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$652,763
Interest Rate
3.09%
Mortgage Type
Balloon
Estimated Equity
$2,172,975

Purchase Details

Closed on
Sep 24, 2021
Sold by
Heltakeit Llc
Bought by
Do Sung Yong and Choe Eunice Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Do Sung Yong and Choe Eunice Y
Bought by
Heltakeit Llc

Purchase Details

Closed on
Feb 13, 2020
Sold by
Kin Barbara and Beatrice F Scales Trust
Bought by
Do Sung Yong and Choe Eunice Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2010
Sold by
Scales Beatrice F and Estate Of Lawrence G Kiely
Bought by
Scales Beatrice F and Beatrice F Scales Trust

Purchase Details

Closed on
Oct 17, 1995
Sold by
Mestman Percy and Mestman Dorothy L
Bought by
Mestman Percy
Source: Public Records

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
Razi David Farahmand $3,030,000 Pacific Coast Title
Do Sung Yong -- Provident Title Company
Heltakeit Llc -- None Available
Do Sung Yong $2,900,000 First American Title Company
Scales Beatrice F -- None Available
Mestman Percy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razi David Farahmand $800,000
Previous Owner Do Sung Yong $2,000,000
Previous Owner Do Sung Yong $2,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Rented $3,000 -7.7% --
03/03/2021 03/03/21 Under Contract -- -- --
01/30/2021 01/30/21 Price Changed $3,250 -8.5% $2 / Sq Ft
12/24/2020 12/24/20 For Rent $3,550 -- --
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
2025 $38,555 $3,215,459 $1,942,010 $1,273,449
2024 $38,555 $3,152,412 $1,903,932 $1,248,480
2023 $37,808 $3,090,600 $1,866,600 $1,224,000
2022 $35,567 $2,988,643 $1,195,457 $1,793,186
2021 $35,118 $2,930,043 $1,172,017 $1,758,026
2020 $30,597 $2,500,000 $2,000,000 $500,000
2019 $4,936 $369,640 $75,141 $294,499
2018 $4,807 $362,393 $73,668 $288,725
2016 $4,533 $348,322 $70,808 $277,514
2015 $4,472 $343,091 $69,745 $273,346
2014 $4,512 $336,371 $68,379 $267,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20262555

California Regional Multiple Listing Service (CRMLS)

APN: 4332-020-015