NOT LISTED FOR SALE

1040 S Union Ave Unit 4 Los Angeles, CA 90015

Pico-Union Neighborhood

Estimated Value: $993,633 - $1,654,000

8 Beds
8 Baths
3,872 Sq Ft
$337/Sq Ft Est. Value

About This Home

This home is located at 1040 S Union Ave Unit 4, Los Angeles, CA 90015 and is currently estimated at $1,306,408, approximately $337 per square foot. 1040 S Union Ave Unit 4 is a home located in Los Angeles County with nearby schools including Tenth Street Elementary School, John H. Liechty Middle School, and Belmont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Mathalon Abraham
Bought by
Union Residences Llc
Current Estimated Value
$1,270,026

Purchase Details

Closed on
Jan 16, 2019
Sold by
Dak Bak Properties Llc
Bought by
Mathalon Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2018
Sold by
Sycamore Properties Inc
Bought by
Dae Bak Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,700,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 6, 2018
Sold by
Ju Justin J
Bought by
Sycamore Properties Inc

Purchase Details

Closed on
Nov 7, 2017
Sold by
Tea Property Investments Llc
Bought by
Ju Justin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 2017
Sold by
Kim Hyung Sik
Bought by
Tea Property Investments Llc

Purchase Details

Closed on
May 11, 2017
Sold by
Tea Property Investments Llc
Bought by
Kim Hyung Sik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.23%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 15, 2016
Sold by
Kwon Yul
Bought by
Tea Property Investments Llc

Purchase Details

Closed on
Dec 10, 2015
Sold by
Kwon Christina
Bought by
Kwon Yul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Woo Sung Won
Bought by
Kwon Yul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2012
Sold by
Chang Ho
Bought by
Woo Sung Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 2009
Sold by
Chang Kum Cho
Bought by
Chang Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,700
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2009
Sold by
Us Bank National Association
Bought by
Chang Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,700
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2007
Sold by
Rhee Young Hwi
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2006

Purchase Details

Closed on
Nov 4, 2005
Sold by
Rhee Chong H
Bought by
Rhee Young Hwi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2004
Sold by
Rhee Young Hwi
Bought by
Rhee Young Hwi and Rhee Chong H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2003
Sold by
Rhee Chong Hui
Bought by
Rhee Young Hwi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Shin Jin
Bought by
Rhee Young Hwi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2002
Sold by
Park Hui Sook
Bought by
Shin Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.75%

Purchase Details

Closed on
Apr 30, 2001
Sold by
Muir Koohee
Bought by
Hur Taeck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2001
Sold by
Dae Jin Roberts Inc
Bought by
Park Hui Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2000
Sold by
Hur Taeck
Bought by
Dae Jin Roberts Inc

Purchase Details

Closed on
Apr 26, 2000
Sold by
The Hanum K Sarkisian Trust
Bought by
Hur Taeck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.43%
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
Union Residences Llc -- Ticor Title Company Of Ca
Mathalon Abraham $1,020,000 Ticor Title Company
Mathalon Abraham -- Ticor Title Company Of Calif
Dae Bak Properties Llc $970,000 Chicago Title Company
Sycamore Properties Inc -- None Available
Ju Justin J -- Ticor Title Co
Tea Property Investments Llc -- None Available
Kim Hyung Sik -- None Available
Tea Property Investments Llc $207,500 Chicago Title Company
Kwon Yul -- None Available
Kwon Yul $730,000 None Available
Woo Sung Won $510,000 Provident Title Company
Chang Ho -- Fidelity National Title Co
Chang Ho $245,000 Fidelity National Title Co
Us Bank Na $580,044 None Available
Rhee Young Hwi -- Landsafe Title
Rhee Young Hwi -- Fidelity National Financial
Rhee Young Hwi -- Stewart Title
Rhee Young Hwi $430,000 Stewart Title
Shin Jin $320,000 American Title Co
Hur Taeck -- Gateway Title Company
Hur Taeck -- Gateway Title Company
Park Hui Soo $285,000 Gateway Title Company
Dae Jin Roberts Inc -- --
Hur Taeck $190,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathalon Abraham $714,000
Previous Owner Dae Bak Properties Llc $8,700,000
Previous Owner Ju Justin J $700,000
Previous Owner Tea Property Investments Llc $750,000
Previous Owner Kwon Yul $547,500
Previous Owner Woo Sung Won $255,000
Previous Owner Chang Ho $184,500
Previous Owner Chang Ho $183,700
Previous Owner Rhee Young Hwi $692,000
Previous Owner Rhee Young Hwi $467,500
Previous Owner Rhee Young Hwi $387,000
Previous Owner Shin Jin $288,000
Previous Owner Dae Jin Roberts Inc $50,000
Previous Owner Park Hui Soo $238,400
Previous Owner Dae Jin Roberts Inc $30,000
Previous Owner Hur Taeck $171,000
Source: Public Records

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 $13,671 $1,104,077 $883,263 $220,814
2024 $13,671 $1,082,430 $865,945 $216,485
2023 $13,417 $1,061,207 $848,966 $212,241
2022 $12,812 $1,040,400 $832,320 $208,080
2021 $13,007 $1,051,177 $840,942 $210,235
2020 $13,135 $1,040,400 $832,320 $208,080
2019 $598 $970,000 $770,000 $200,000
2018 $12,473 $1,000,000 $800,000 $200,000
2017 $9,460 $750,000 $525,000 $225,000
2016 $9,885 $730,000 $511,000 $219,000
2015 $6,683 $522,550 $307,383 $215,167
2014 $6,730 $512,315 $301,362 $210,953
Source: Public Records

Map

California Los Angeles County Los Angeles 90015 Pico-Union

1040 S Union Ave Unit 4, Los Angeles, CA

This home is located at 1040 S Union Ave Unit 4, Los Angeles, CA 90015 and is currently estimated at $1,306,408, approximately $337 per square foot. 1040 S Union Ave Unit 4 is a home located in Los Angeles County with nearby schools including Tenth Street Elementary School, John H. Liechty Middle School, and Belmont High School.

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.

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