K
Seller's Agent in 2015
Keejae Lee
HK Mega R.E. & Investment
(714) 690-1533
2 Total Sales
1040 S Union Ave Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated Value: $993,633 - $1,654,000
2
Beds
1
Bath
3,872
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Balcony
- Laundry Room
- Wall Furnace
- Cooling System Mounted To A Wall/Window
About This Home
As of December 2015Back on Market! It is located in the prime rental market of MId-Wilshre, good size four unit, all unit is 2 bed/1 bath, near by korea town, and down town, Nokia theater, convention center, this excellent Turn-key ,newer exterior paint, good investment opportunity!. this is a historical zoning.
Last Agent to Sell the Property
HK Mega R.E. & Investment License #01380713 Listed on: 11/05/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,671
Year Built
- Built in 1905
Lot Details
- 6,246 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- 3,872 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Gas Water Heater
Additional Features
- Gas Cooktop
- Balcony
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 5137015016
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Water Sewer Expense $3,000
- Gross Income $4,139
- Net Operating Income $35,574
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
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
Listed on
Nov 5, 2015
Closed on
Dec 10, 2015
Sold by
Kwon Christina
Bought by
Kwon Yul
Seller's Agent
Keejae Lee
HK Mega R.E. & Investment
Buyer's Agent
K Chang
The H Realty
List Price
$749,900
Sold Price
$730,000
Premium/Discount to List
-$19,900
-2.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$547,500
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 5, 2015
Closed on
Dec 1, 2015
Sold by
Woo Sung Won
Bought by
Kwon Yul
Seller's Agent
Keejae Lee
HK Mega R.E. & Investment
Buyer's Agent
K Chang
The H Realty
List Price
$749,900
Sold Price
$730,000
Premium/Discount to List
-$19,900
-2.65%
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2015 12/23/15 | Sold | $730,000 | -2.7% | $189 / Sq Ft |
| 11/06/2015 11/06/15 | Pending | -- | -- | -- |
| 09/25/2015 09/25/15 | For Sale | $749,900 | -- | $194 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 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
Agents Affiliated with this Home
-
Keejae Lee
-
K Chang
Buyer's Agent in 2015
K Chang
The H Realty
(213) 800-2760
3 in this area
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15211836
APN: 5137-015-016
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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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