NOT LISTED FOR SALE

1026 S Bonnie Brae St Los Angeles, CA 90006

Pico-Union Neighborhood
5 Beds
2 Baths
2,869 Sq Ft
7,498 Sq Ft Lot

Last Sold May 17, 2018

Last sale price $1,050,000 $366 Per Sq Ft

22 Days on Market

Highlights

  • Property is near public transit
  • West Facing Home
  • Front Yard
  • Victorian Architecture
  • No Heating
  • 4-minute walk to Hope and Peace Park

About This Home

As of May 2018

Great investment opportunity!! R-3 zoned (HPOZ) property right next to Olympic blvd. This property has had a fire in the back but has not affected the structure. Property has been gutted and is primed and ready to become a great income property with the right vision. It is designated as a Rooming/ Boarding house by the City and has been approved for multi units as well. Parking space should fit 7-8 vehicles and potentially more with the removal of the stand alone garage. Buyer to verify all information.

Last Agent to Sell the Property

Lloyd Yang

West Shores Realty, Inc. License #01975976 Listed on: 04/10/2018

West Shores Realty, Inc.

Last Buyer's Agent

Lloyd Yang

West Shores Realty, Inc. License #01975976 Listed on: 04/10/2018

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,637

Year Built

  • Built in 1895

Lot Details

  • 7,498 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,869 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • No Heating

Community Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,300
  • Fuel Expense $1,200
  • Insurance Expense $2,400
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,000
  • Operating Expense $12,900

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2095
  • Assessor Parcel Number 5136010006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,637

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR3-1-HPOZ
  • Architectural Style: Victorian
  • Property Type: Residential Income
  • Parcel Number: 5136010006
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: No Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 365.98

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: On Site, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit
  • Lot Size Sq Ft: 7498.00

Multi Family

  • Electric Expense: 4300.00
  • Fuel Expense: 1200.00
  • Insurance Expense: 2400.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: Yes
  • Total Expenses: 12900.00

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Census Tract: 2095.20
  • Tax Lot: 11
  • Tax Tract Number: 2095.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Da Asset Management Inc
Bought by
Sil Sean Peter J and Sil Sean June

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 15, 2018
Sold by
Shin Jeong Hee
Bought by
Da Asset Management Inc
Seller's Agent
Lloyd Yang
West Shores Realty, Inc.
Buyer's Agent
Lloyd Yang
West Shores Realty, Inc.
List Price
$1,190,000
Sold Price
$1,050,000
Premium/Discount to List
-$140,000
-11.76%

Purchase Details

Closed on
Feb 21, 2018
Sold by
Lpig Llc
Bought by
Shin Jeong Hee and Lee Katherin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 8, 2017
Closed on
Apr 7, 2017
Sold by
Jbju Investments Llc
Bought by
Lpig Llc
Seller's Agent
Daniel Lee
KTBC Real Estate
Buyer's Agent
Lloyd Yang
West Shores Realty, Inc.
List Price
$625,000
Sold Price
$683,000
Premium/Discount to List
$58,000
9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2016
Sold by
Kim Peter S
Bought by
Jbju Investments Llc

Purchase Details

Closed on
Nov 18, 2002
Sold by
Choong Shin Korean Presbyterian Church
Bought by
Kim Peter S

Purchase Details

Closed on
Jul 2, 1999
Sold by
Kim Peter S
Bought by
Choong Shin Korean Presbyterian Church

Purchase Details

Closed on
Jul 24, 1996
Sold by
Kim Nancy B
Bought by
Kim Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1996
Sold by
Olympic Bonnie Brae Associates Llc
Bought by
Kim Peter S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
8.32%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Sil Sean Peter J $1,150,000 Provident Title Company
Da Asset Management Inc $1,050,000 Chicago Title
Shin Jeong Hee -- Ticor Title
Lpig Llc $683,000 Chicago Title Company
Jbju Investments Llc $475,000 Chicago Title Company
Kim Peter S -- First American Title Co
Choong Shin Korean Presbyterian Church -- --
Kim Peter -- --
Kim Peter S $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shin Jeong Hee $450,000
Previous Owner Lpig Llc $683,000
Previous Owner Kim Peter S $100,000
Previous Owner Kim Peter S $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $1,050,000 -11.8% $366 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $1,190,000 +74.2% $415 / Sq Ft
04/12/2017 04/12/17 Sold $683,000 +9.3% $238 / Sq Ft
03/08/2017 03/08/17 For Sale $625,000 -- $218 / 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
2025 $15,637 $1,282,841 $1,059,740 $223,101
2024 $15,637 $1,257,688 $1,038,961 $218,727
2023 $15,341 $1,233,029 $1,018,590 $214,439
2022 $14,640 $1,208,853 $998,618 $210,235
2021 $14,453 $1,185,151 $979,038 $206,113
2020 $14,599 $1,173,000 $969,000 $204,000
2019 $14,026 $1,150,000 $950,000 $200,000
2018 $8,689 $696,660 $510,000 $186,660
2016 $4,470 $348,678 $318,097 $30,581
2015 $4,408 $343,441 $313,319 $30,122
2014 $4,435 $336,714 $307,182 $29,532
Source: Public Records

Agents Affiliated with this Home

  • Lloyd Yang

    Seller's Agent in 2018

    Lloyd Yang

    West Shores Realty, Inc.

    (310) 308-3635

    1 in this area

    18 Total Sales

    Lloyd Yang
    Section Image

  • D

    Seller's Agent in 2017

    Daniel Lee

    KTBC Real Estate

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18081811

California Regional Multiple Listing Service (CRMLS)

APN: 5136-010-006

California Los Angeles County Los Angeles 90006 Pico-Union

1026 S Bonnie Brae St, Los Angeles, CA

This home is located at 1026 S Bonnie Brae St, Los Angeles, CA 90006 since 10 April 2018. This property was built in 1895. 1026 S Bonnie Brae St is a home located in Los Angeles County with nearby schools including Tenth Street Elementary School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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