NOT LISTED FOR SALE

1101 S Gramercy Place Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,408,000 - $1,974,000

5 Beds
4 Baths
4,429 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 09, 2012

Last sale price $752,000 $170 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $9,052/month

44 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating
  • 4-minute walk to Wilton Place Park

About This Home

As of August 2012

STUNNING. 3 unit property in Los Angeles. This property is beautiful. Amazing curb appeal. Property is a triplex. Over 4400 sqft of living space. Over 11,500 sqft lot. Total of 5 bedrooms and 4 bathrooms. Hardwood Floors. Beautiful Front Yard. Gated back yard. Spacious Kitchens. Property is very well maintained. Two different buildings. Very sought after area. Close to everything. Food, Shopping, Freeways, Downtown, Hollywood, etc...

Last Agent to Sell the Property

Sebastian Stofenmacher

Edgestone Real Estate, Inc. License #01328684 Listed on: 06/11/2012

Last Buyer's Agent

Sebastian Stofenmacher

Edgestone Real Estate, Inc. License #01328684 Listed on: 06/11/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,868

Year Built

  • Built in 1923

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 76x150

Parking

  • 2 Parking Spaces

Home Design

  • 4,429 Sq Ft Home
  • Traditional Architecture
  • Stucco

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 3483
  • Assessor Parcel Number 5081026015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,868

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5081026015
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 169.79

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 76x150
  • Lot Size Sq Ft: 11515.00
  • Lot Size Acres: 0.2640

Multi Family

  • Gross Multiplier: 18.50
  • Gross Scheduled Income: 30000.00
  • Lot Size Area: 11515.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Vacancy Allowance Rate: 66.00

Tax Info

  • Tax Area: 67
  • Tax Lot: 26
  • Tax Tract Number: 3483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2017
Sold by
Hong Eugene
Bought by
Hong Eugene and Kim Hea Eun
Current Estimated Value
$1,572,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,500
Outstanding Balance
$458,082
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,114,258

Purchase Details

Closed on
Oct 9, 2012
Sold by
Tab Investment Group Llc
Bought by
Hong Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
3.54%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 11, 2012
Closed on
Aug 2, 2012
Sold by
U S Bank National Association
Bought by
Tab Investment Group Llc
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
List Price
$542,000
Sold Price
$752,000
Premium/Discount to List
$210,000
38.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Nov 16, 2011
Sold by
Joung Chan Hyung
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 27, 2007
Sold by
Hwang Min Hyuang
Bought by
Joung Chan Hyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.46%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 10, 2006
Sold by
Park Moo Sung
Bought by
Pak Ho Chin

Purchase Details

Closed on
Oct 18, 2005
Sold by
Pak Ho Chin
Bought by
Park Moo Sung

Purchase Details

Closed on
Aug 19, 2003
Sold by
Park Yong Jae
Bought by
Hwang Min Hyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2002
Sold by
Bird Lois Elizabeth
Bought by
Park Yong Jae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.06%

Purchase Details

Closed on
Jul 25, 1997
Sold by
Homecomings Financial Network Inc
Bought by
Bird Lois Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.58%

Purchase Details

Closed on
Mar 28, 1997
Sold by
Ocwen Federal Bank Fsb
Bought by
Homecomings Financial Network Inc

Purchase Details

Closed on
Jun 12, 1996
Sold by
Butler Darrilyn S and Berkeley Federal Bank & Trust
Bought by
Berkeley Federal Bank & Trust Fsb
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hong Eugene -- None Available
Hong Eugene $630,000 Fidelity Van Nuys
Tab Investment Group Llc $752,000 Lsi Title Company
U S Bank National Association $750,000 Servicelink
Joung Chan Hyung $1,350,000 Chicago Title Co
Pak Ho Chin -- None Available
Park Moo Sung -- --
Hwang Min Hyung $832,000 Gateway Title Company
Park Yong Jae $545,000 California Title Company
Bird Lois Elizabeth $252,000 Chicago Title Co
Homecomings Financial Network Inc $186,000 Chicago Title
Berkeley Federal Bank & Trust Fsb $194,811 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Eugene $556,500
Previous Owner Hong Eugene $567,000
Previous Owner Joung Chan Hyung $1,000,000
Previous Owner Hwang Min Hyung $650,000
Previous Owner Park Yong Jae $490,000
Previous Owner Bird Lois Elizabeth $126,000
Closed Hwang Min Hyung $86,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2012 08/09/12 Sold $752,000 +38.7% $170 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $542,000 -- $122 / 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 $9,868 $775,788 $467,936 $307,852
2024 $9,868 $760,577 $458,761 $301,816
2023 $9,691 $745,665 $449,766 $295,899
2022 $9,264 $731,046 $440,948 $290,098
2021 $9,129 $716,712 $432,302 $284,410
2019 $8,868 $695,456 $419,481 $275,975
2018 $8,698 $681,820 $411,256 $270,564
2016 $8,288 $655,346 $395,288 $260,058
2015 $9,537 $645,503 $389,351 $256,152
2014 $8,218 $632,860 $381,725 $251,135
Source: Public Records

Agents Affiliated with this Home

  • Sebastian Stofenmacher

    Seller's Agent in 2012

    Sebastian Stofenmacher

    Edgestone Real Estate, Inc.

    (818) 464-5113

    108 Total Sales

    Sebastian Stofenmacher
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P825081

California Regional Multiple Listing Service (CRMLS)

APN: 5081-026-015

California Los Angeles County Los Angeles 90019 Arlington Heights

1101 S Gramercy Place, Los Angeles, CA

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes