NOT LISTED FOR SALE

10714 Charnock Rd Los Angeles, CA 90034

Estimated Value: $1,626,000 - $1,808,000

-- Bed
-- Bath
1,741 Sq Ft
$966/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $1,415,000 $813 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,350/month

7 Days on Market

Highlights

  • Floor Furnace
  • Venice High School Rated A
  • 1-Story Property

About This Home

As of March 2020

Great opportunity to purchase a triplex (R-3) in the heart of the trendy Palms neighborhood! Centrally located to the Metro line, 10 & 405 freeways this property is attractive to tenants working anywhere from the beach cities all the way to downtown. With low rents, this property has a ton of upside potential with value add opportunity. Three meticulously kept one bedroom one bath units with assigned parking and onsite laundry. The property also has additional unpermitted studio currently being used as storage. With restaurants, nightlife, and business popping up every day this opportunity won't last!

Last Agent to Sell the Property

Michelle Zoolalian (zoo.lay.lee.in

Compass License #01370099 Listed on: 02/18/2020

Compass

Last Buyer's Agent

Elizabeth Cappola

Compass License #01862237

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,535

Year Built

  • Built in 1952

Lot Details

  • 6,290

Interior Spaces

  • 1,741 Sq Ft Home
  • 1-Story Property

Parking

  • 5 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,290 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4252-033-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,535

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1741
  • Stories: 1
  • Year Built: 1952
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 781.16

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 88015
  • Assessed Land Value: 175010
  • Assessor Parcel Number: 4252-033-015
  • Geocode Override: No
  • Lot Size Area: 6290

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 29.00
  • Number Of Units: 3
  • Type Of Units: 1 bedrooms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Hsiang Benjamin and Hsiang Jade
Bought by
Benjamin And Jade Hsiang 2016 Trust and Hsiang
Current Estimated Value
$1,682,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Outstanding Balance
$1,267,139
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$414,988

Purchase Details

Listed on
Feb 18, 2020
Closed on
Mar 11, 2020
Sold by
Riessen Gregory T and Riessen Susann A
Bought by
Hsiang Benjamin and Hsiang Jade
Seller's Agent
Michelle Zoolalian (zoo.lay.lee.in
Compass
Buyer's Agent
Elizabeth Cappola
Compass
List Price
$1,360,000
Sold Price
$1,415,000
Premium/Discount to List
$55,000
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$883,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2017
Sold by
Riessen Glennys N
Bought by
Riessen Glennys Mae and Riessen Family Trust

Purchase Details

Closed on
Nov 3, 2016
Sold by
Riessen Michael Charles
Bought by
Riessen Michael Charles and Riessen Ronell May

Purchase Details

Closed on
Feb 16, 2000
Sold by
Riessen Robert L
Bought by
Riessen Robert Lewis and Riessen Glennys Mae
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
Benjamin And Jade Hsiang 2016 Trust -- Chicago Title Company
Hsiang Benjamin $1,415,000 Equity Title Los Angeles
Riessen Glennys Mae -- None Available
Riessen Michael Charles -- None Available
Riessen Michael Charles -- None Available
Riessen Robert Lewis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin And Jade Hsiang 2016 Trust $1,275,000
Previous Owner Hsiang Benjamin $883,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $1,415,000 +4.0% $813 / Sq Ft
02/26/2020 02/26/20 For Sale $1,360,000 -3.9% $781 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/24/2020 02/24/20 Off Market $1,415,000 -- --
02/18/2020 02/18/20 For Sale $1,360,000 -- $781 / Sq Ft
Source: The MLS

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 $18,535 $1,547,504 $1,203,008 $344,496
2024 $18,535 $1,517,162 $1,179,420 $337,742
2023 $18,178 $1,487,415 $1,156,295 $331,120
2022 $17,333 $1,458,251 $1,133,623 $324,628
2021 $17,122 $1,429,659 $1,111,396 $318,263
2020 $3,668 $279,122 $185,721 $93,401
2019 $3,532 $273,650 $182,080 $91,570
2018 $3,447 $268,285 $178,510 $89,775
2016 $3,286 $257,869 $171,579 $86,290
2015 $3,240 $253,996 $169,002 $84,994
2014 $3,272 $249,022 $165,692 $83,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-555692

The MLS

APN: 4252-033-015