NOT LISTED FOR SALE

115 N Edgemont St Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $784,000 - $1,670,935

8 Beds
4 Baths
4,198 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 01, 2012

Last sale price $630,000 $150 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,697/month

84 Days on Market

Highlights

  • Gated Parking
  • 4 Car Detached Garage
  • Central Heating
  • Spanish Architecture

About This Home

As of May 2012

Regular sale!!! 30K reduction!! Spacious Fourplex in the heart of Mid-Wilshire / Korea Town district. All units are very large 1 bedroom / 1 bathroom and in great shape. Three of the four units are tenant occupied and owner's unit is vacant. This is a great opportunity to own a beautiful property, live in it, and have a good portion of your mortgage paid for at the same time. New granite counters and stainless appliances in the owner's unit (#1). Interiors of occupied units can be shown with an accepted offer and by appointment only. PLEASE NOTE! THERE ARE MULTIPLE OFFERS ON THE PROPERTY,SELLER WILL NOT BE ENTERTAINING OFFERS THAT ARE BELOW LIST PRICE.

Last Agent to Sell the Property

Zee EZeeDoesIT

Real Estate eBroker Inc. License #01828051 Listed on: 01/04/2012

Real Estate eBroker Inc.

Last Buyer's Agent

Terre Steinbeck

Rodeo Realty License #01188344

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,920

Year Built

  • Built in 1928

Lot Details

  • 5,270 Sq Ft Lot

Home Design

  • 4,198 Sq Ft Home
  • Quadruplex
  • Spanish Architecture
  • Tile Roof

Parking

  • 4 Car Detached Garage
  • Gated Parking

Utilities

  • Central Heating
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5518-012-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,920

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4198
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 146.50

Exterior Features

  • Pool: No
  • Roof: Tile

Garage/Parking

  • Parking Garage: Detached, Garage, Gated
  • Total Parking: 4

Utilities

  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 127500
  • Assessed Land Value: 816000
  • Assessor Parcel Number: 5518-012-003
  • Lot Size Area: 5270

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Quadruplex
  • Vacancy Rate: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2016
Sold by
Margolin Elyse Rochelle
Bought by
Margolin Elyse R and Peck Jeffrey B
Current Estimated Value
$1,290,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$365,230
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$925,504

Purchase Details

Closed on
Dec 20, 2012
Sold by
Peck Guta and Guta Peck 2005 Trust
Bought by
Margolin Elyse Rochelle and Peck Jeffrey

Purchase Details

Listed on
Jan 4, 2012
Closed on
Apr 5, 2012
Sold by
Inflection Point Ii Lp
Bought by
Peck Guta and The Guta Peck 2005 Trust
Seller's Agent
Zee EZeeDoesIT
Real Estate eBroker Inc.
Buyer's Agent
Terre Steinbeck
Rodeo Realty
List Price
$629,900
Sold Price
$630,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$460,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Guzman Alicia
Bought by
Inflection Point Ii Lp

Purchase Details

Closed on
Dec 5, 2007
Sold by
Alatorre Victoria Parello and Carter Victoria Parello
Bought by
Guzman Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$721,500
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2006
Sold by
Carter Victoria Parello and Carter Victoria
Bought by
Carter Victoria Parello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Carter Gary
Bought by
Carter Victoria

Purchase Details

Closed on
Mar 15, 1996
Sold by
Hypes Walter T
Bought by
Carter Gary and Carter Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,698
Interest Rate
7.84%
Mortgage Type
VA
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
Margolin Elyse R -- Chicago Title
Margolin Elyse R -- Chicago Title Company
Margolin Elyse Rochelle -- None Available
Peck Guta $630,000 California Title Company
Inflection Point Ii Lp $513,000 None Available
Guzman Alicia $925,000 Southland Title Corporation
Parello Alatorre Victoria -- Southland Title Corporation
Carter Victoria Parello -- Alliance
Carter Victoria -- --
Carter Gary $190,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolin Elyse R $455,000
Closed Peck Guta $460,000
Previous Owner Guzman Alicia $721,500
Previous Owner Carter Victoria Parello $280,000
Previous Owner Carter Gary $193,698
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2012 05/01/12 Sold $630,000 0.0% $150 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $629,900 -- $150 / 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 $9,920 $791,304 $502,418 $288,886
2024 $9,920 $775,789 $492,567 $283,222
2023 $9,739 $760,578 $482,909 $277,669
2022 $9,303 $745,666 $473,441 $272,225
2021 $9,169 $731,046 $464,158 $266,888
2019 $8,903 $710,085 $450,392 $259,693
2018 $8,775 $696,177 $441,561 $254,616
2016 $8,361 $668,453 $424,415 $244,038
2015 $8,242 $658,413 $418,040 $240,373
2014 $8,293 $645,517 $409,852 $235,665
Source: Public Records

Agents Affiliated with this Home

  • Zee EZeeDoesIT

    Seller's Agent in 2012

    Zee EZeeDoesIT

    Real Estate eBroker Inc.

    (310) 261-2543

    15 Total Sales

    Zee EZeeDoesIT
    Section Image
  • Terre Steinbeck

    Buyer's Agent in 2012

    Terre Steinbeck

    Rodeo Realty

    (310) 666-4094

    9 Total Sales

    Terre Steinbeck
    Section Image
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Map

Source: The MLS

MLS Number: 12-573125

The MLS

APN: 5518-012-003

California Los Angeles County Los Angeles 90004 Koreatown

115 N Edgemont St, Los Angeles, CA

This home is located at 115 N Edgemont St, Los Angeles, CA 90004 since 04 January 2012 and is currently estimated at $1,290,734, approximately $307 per square foot. This property was built in 1928. 115 N Edgemont St is a home located in Los Angeles County with nearby schools including Frank Del Olmo Elementary School, Virgil Middle School, and Belmont High School.

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