NOT LISTED FOR SALE

Estimated Value: $864,000 - $1,131,000

4 Beds
3 Baths
1,721 Sq Ft
$556/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $750,000 $436 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,038/month

71 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Contemporary Architecture
  • RV Access or Parking
  • 0.45 Acre Lot
  • No HOA

About This Home

As of September 2021

ATTENTION INVESTORS/BUILDERS! First time on the market in 43 years.
Two separate houses on one huge lot (19,754 square feet). Front unit (10919 Inez St.) is a two bedroom one bath with its own laundry room. The rear house (10923 Inez St.) is a two bedroom one and three quarter bath plus a family room with a brick fire place. Two car detached garage needs a new roof and concrete slab work. Large pool not in service, rear house is in need of extensive repairs and both homes are in need of remodeling.
Please submit all cash offers as the property will not qualify for conventional financing.
Per Los Angeles County Regional Planning Division, you may be able to subdivide the lot and or build two detached ADU'S.
Please check with the LA County Regional Planning Dept.

Last Agent to Sell the Property

Art Giordani

Re/Max Premier Prop Arcadia License #00677283 Listed on: 05/12/2021

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Mi Jeong Stella Kim

Mi Jeong Kim License #01887660

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,301

Year Built

  • Built in 1950

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 62x322
  • Property fronts a county road
  • No Common Walls
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,721 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • 220 Volts in Kitchen
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 7868
  • Assessor Parcel Number 8029015004

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,575
  • Trash Expense $1,225
  • Water Sewer Expense $590
  • New Taxes Expense $10,312
  • Operating Expense $13,702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,301

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 590.00
  • Zoning: LCA1*
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 8029015004
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Appliances: No
  • Fireplace Features: Family Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 435.79
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, On Site, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: 220 Volts in Kitchen
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1225.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size: 62X322
  • Lot Size Sq Ft: 19754.00
  • Lot Size Acres: 0.4535

Multi Family

  • Insurance Expense: 1575.00
  • Lot Size Area: 19754.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 13702.00

Tax Info

  • New Taxes Expense: 10312.00
  • Tax Census Tract: 5029.02
  • Tax Lot: 72
  • Tax Tract Number: 7868

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Kim Ok Hee
Bought by
Kim Michael Tack
Current Estimated Value
$956,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$835,272
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$57,331

Purchase Details

Closed on
Oct 4, 2024
Sold by
Dreamscape Holdings Llc
Bought by
Kim Michael Taek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$835,272
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$57,331

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 31, 2021
Sold by
Adame Rebecca and Adame Becky
Bought by
Kim Michael Taek and Kim Ok Hee
Seller's Agent
Art Giordani
Re/Max Premier Prop Arcadia
Buyer's Agent
Mi Jeong Stella Kim
Mi Jeong Kim
List Price
$819,000
Sold Price
$750,000
Premium/Discount to List
-$69,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2021
Sold by
Adams Ysias
Bought by
Adams Rebecca and Adams Becky

Purchase Details

Closed on
Jun 17, 2011
Sold by
Adame Becky and Adame Rebecca
Bought by
Adame Ysias

Purchase Details

Closed on
Nov 6, 1998
Sold by
Adame Ysias
Bought by
Adame Isias and Adame Becky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.78%

Purchase Details

Closed on
Oct 13, 1993
Sold by
Adame Rebecca
Bought by
Adame Ysias
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
Kim Michael Tack -- Provident Title Company
Kim Michael Taek -- Provident Title Company
Kim Michael Taek $750,000 Fidelity National Title
Adams Rebecca -- None Available
Adame Ysias -- None Available
Adame Ysias -- None Available
Adame Isias -- Stewart Title
Adame Ysias -- First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Michael Tack $840,000
Previous Owner Kim Michael Taek $600,000
Previous Owner Adame Isias $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $750,000 -8.4% $436 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $819,000 -- $476 / 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 $11,301 $920,000 $840,000 $80,000
2024 $11,301 $879,138 $832,320 $46,818
2023 $9,612 $765,000 $714,000 $51,000
2022 $9,687 $750,000 $700,000 $50,000
2021 $3,252 $194,522 $94,098 $100,424
2020 $3,222 $192,529 $93,134 $99,395
2019 $3,199 $188,755 $91,308 $97,447
2018 $3,047 $185,055 $89,518 $95,537
2016 $2,897 $177,871 $86,043 $91,828
2015 $2,833 $175,200 $84,751 $90,449
2014 $2,829 $171,769 $83,091 $88,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21100124

California Regional Multiple Listing Service (CRMLS)

APN: 8029-015-004