NOT LISTED FOR SALE
6 Beds
4 Baths
3,574 Sq Ft
8,705 Sq Ft Lot

Last Sold July 02, 2012

Last sale price $872,000 $244 Per Sq Ft

12 Days on Market

Highlights

  • Gated Parking
  • 3-minute walk to Expo/Vermont
  • Bungalow
  • Side by Side Parking

About This Home

As of July 2012

Great investment opportunity in a great location, approximately 60 yards from USC campus. 4 units on a huge 8,705 Sqft lot. Very low in maintenance. All units are large & spacious w/ fireplace, washer/Dryer hookups, breakfast room & porch. Every unit has been completely remodeled.New kitchen cabinets, counter tops, refrigerators, stoves, sinks, water heaters & toilets in all units.New Copper plumbing, freshly painted interior and the exterior of the building. New Prego floors in all the rooms. All new windows and blinds, etc...Tenants are USC students.

Last Agent to Sell the Property

Ladan Fouladbaksh

Ladan Fouladbaksh License #01025022 Listed on: 05/08/2012

Last Buyer's Agent

David Chun

License #00971049

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,155

Year Built

  • Built in 1924

Lot Details

  • 8,705

Home Design

  • 3,574 Sq Ft Home
  • Bungalow
  • Shingle Roof

Kitchen

  • Oven or Range
  • Freezer

Parking

  • 8 Parking Spaces
  • Side by Side Parking
  • Tandem Parking
  • Gated Parking
  • Uncovered Parking

Additional Features

  • 8,705 Sq Ft Lot
  • Sewer in Street

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, move in fee, move out fee, water
  • The owner pays for gardener, water
  • Assessor Parcel Number 5040-032-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,155

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3574
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 237.83

Exterior Features

  • Construction: Stucco
  • Pool: No
  • Roof: Shingle

Garage/Parking

  • Parking Garage: Gated, Side By Side, Tandem, Uncovered
  • Total Parking: 8

Utilities

  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5040-032-012
  • Lot Size Area: 8705

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Move In Fee, Move Out Fee, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.80
  • Number Of Units: 4
  • Total Annual Expense: 9000
  • Type Of Units: single level
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2013
Sold by
Immanuel J & D 2012 Llc
Bought by
Usc37 Llc
Total Days on Market
12

Purchase Details

Closed on
Oct 22, 2012
Sold by
Kim Jason Yonghoon and Kim Danna Inyoung
Bought by
Immanuel J & D 2012 Llc

Purchase Details

Listed on
May 8, 2012
Closed on
May 16, 2012
Sold by
Platinum Five Properties Llc
Bought by
Kim Jason Yonghoon and Kim Danna Inyoung
Seller's Agent
Ladan Fouladbaksh
Ladan Fouladbaksh
Buyer's Agent
David Chun
List Price
$850,000
Sold Price
$872,000
Premium/Discount to List
$22,000
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2009
Sold by
Platinum One Properties Llc
Bought by
Platinum Five Properties Llc

Purchase Details

Closed on
Nov 17, 2009
Sold by
Platinum One Properties Llc
Bought by
Platinum Five Properties Llc

Purchase Details

Closed on
Jul 11, 2008
Sold by
Kesterson Jeannette and The Estate Of Henry W Wilson
Bought by
Platinum One Properties Llc
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
Usc37 Llc $1,000,000 Lawyers Title
Immanuel J & D 2012 Llc -- None Available
Kim Jason Yonghoon $872,000 Progressive Title Company
Platinum Five Properties Llc -- None Available
Platinum Five Properties Llc -- Progressive Title Company
Platinum One Properties Llc $660,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jason Yonghoon $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2012 07/02/12 Sold $872,000 +2.6% $244 / Sq Ft
05/20/2012 05/20/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $850,000 -- $238 / 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
2024 $15,155 $1,207,273 $845,093 $362,180
2023 $14,871 $1,183,602 $828,523 $355,079
2022 $14,196 $1,160,395 $812,278 $348,117
2021 $14,012 $1,137,643 $796,351 $341,292
2020 $14,151 $1,125,979 $788,186 $337,793
2019 $13,601 $1,103,902 $772,732 $331,170
2018 $13,410 $1,082,258 $757,581 $324,677
2016 $12,811 $1,040,234 $728,164 $312,070
2015 $12,626 $1,024,610 $717,227 $307,383
2014 $12,688 $1,004,540 $703,178 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-599085

The MLS

APN: 5040-032-012