NOT LISTED FOR SALE

1046 1/2 E 23rd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $770,000 - $1,983,000

3 Beds
2 Baths
1,054 Sq Ft
$1,305/Sq Ft Est. Value

Highlights

  • Newly Remodeled
  • Living Room
  • Laundry Room
  • No HOA

About This Home

As of April 2018

Newly built 4 unit property with garage and parking space. Close to Down Town.

Two of 3 bed 2 bath all 1st floor.

Last Agent to Rent the Property

Chris Lim

Bestway Realty License #01412845 Listed on: 03/18/2018

Last Renter's Agent

Chris Lim

Bestway Realty License #01412845 Listed on: 03/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,466

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 6,228 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 1,054 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Security Deposit $2,500
  • 12-Month Minimum Lease Term
  • Available 3/15/18
  • Assessor Parcel Number 5131019011

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,466

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-03-15
  • Credit Check Paid By: Owner
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 5131019011
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1054.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.32
  • Room Type: All Bedrooms Up, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6228.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2264.20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Suh Jin Yong
Bought by
23Rd Stanford Llc
Current Estimated Value
$1,375,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2019
Sold by
Suh Tina T
Bought by
Suh Jin Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2019
Sold by
23Rd Standeord Llc
Bought by
Suh Jin Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2018
Closed on
Mar 16, 2018
Sold by
Suh Jin Yong
Bought by
23Rd Stanford Llc
Seller's Agent
Chris Lim
Bestway Realty
Buyer's Agent
Chris Lim
Bestway Realty
Sold Price
$2,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 18, 2018
Closed on
Feb 22, 2018
Sold by
City Wide Investment Group Llc
Bought by
Suh Jin Yong
Seller's Agent
Chris Lim
Bestway Realty
Buyer's Agent
Chris Lim
Bestway Realty
Sold Price
$2,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2017
Sold by
Suh Tina T
Bought by
Suh Jin Yong

Purchase Details

Closed on
Mar 30, 2017
Sold by
Rascon Francisco
Bought by
City Wide Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage
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
23Rd Stanford Llc -- None Available
Suh Jin Young -- Provident Title Company
Suh Jin Yong -- None Available
23Rd Stanford Llc -- None Available
Suh Jin Yong $1,250,000 Stewart Title Of California
Suh Jin Yong -- Stewart Title Of California
City Wide Investment Group Llc $365,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suh Jin Young $863,000
Previous Owner Suh Jin Yong $871,000
Previous Owner City Wide Investment Group Llc $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2018 04/03/18 Rented $2,450 0.0% --
04/02/2018 04/02/18 Under Contract -- -- --
03/18/2018 03/18/18 For Rent $2,450 -- --
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 $20,466 $1,684,211 $874,915 $809,296
2024 $20,466 $1,651,188 $857,760 $793,428
2023 $20,073 $1,618,813 $840,942 $777,871
2022 $19,145 $1,587,072 $824,453 $762,619
2021 $18,894 $1,555,954 $808,288 $747,666
2020 $19,084 $1,540,000 $800,000 $740,000
2019 $15,574 $1,275,000 $510,000 $765,000
2018 $4,686 $372,300 $281,418 $90,882
2016 $1,892 $145,491 $143,891 $1,600
2015 $1,865 $143,306 $141,730 $1,576
2014 $1,882 $140,500 $138,954 $1,546
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2018

    Chris Lim

    Bestway Realty

    (562) 577-3111

    13 Total Sales

    Chris Lim
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18062474

California Regional Multiple Listing Service (CRMLS)

APN: 5131-019-011

California Los Angeles County Los Angeles 90011 Historic South Central

1046 1/2 E 23rd St, Los Angeles, CA

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