NOT LISTED FOR SALE
1 Bed
2 Baths
3,456 Sq Ft
1,920 Sq Ft Lot

Sale Details

Date Sold: March 16, 2012

Last sale price $245,000 $71 Per Sq Ft

99 Days on Market

About This Home

As of March 2012

This property consists of 5 units on 3 levels. The 2 units on second floor have access from front and rear. Property currently under the REAP program with the LA City Housing Dept. Do not walk on property or disturb tenants. Make offer subject to inspection. Will schedule showing for all serious buyers. Unique opportunity to add value through rehab and adding income.

Located near 5, 10, 101 freeway. Easy access to downtown LA and with a strong rental market. White Mermorial Hospital down the street and plenty of shopping, parks and schools nearby.

Last Agent to Sell the Property

Kuan Sung

RE/MAX 2000 REALTY License #00970799 Listed on: 10/11/2011

RE/MAX 2000 REALTY

Co-Listed By

Carlos Skubacz

RE/MAX 2000 Realty License #01474295

Last Buyer's Agent

Kuan Sung

RE/MAX 2000 REALTY License #00970799 Listed on: 10/11/2011

RE/MAX 2000 REALTY
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 1,920 Sq Ft Lot

Home Design

  • 3,456 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Unassigned Parking

Listing and Financial Details

  • Tax Lot 54
  • Tax Tract Number 2044
  • Assessor Parcel Number 5174016023

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Rent Control
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $2,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

1,920 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Type: Residential Income
  • Parcel Number: 5174016023
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 70.89

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 1920.00
  • Lot Size Acres: 0.0400

Multi Family

  • Insurance Expense: 1000.00
  • Lot Size Area: 1920.0000 Square Feet
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: Yes
  • Vacancy Allowance Rate: 100.00

Tax Info

  • New Taxes Expense: 2640.00
  • Tax Lot: 54
  • Tax Tract Number: 2044
  • Tax Year: 2010

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2015
Sold by
Chang Joseph
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2014
Sold by
118 State Limited Partnership
Bought by
Chang Joseph and The Chang 1994 Living Trust

Purchase Details

Listed on
Oct 11, 2011
Closed on
Feb 16, 2012
Sold by
Zamudio Mary Enriqueta Felix and Zamudio Mary Enriquita
Bought by
118 State Limited Partnership
Seller's Agent
Kuan Sung
RE/MAX 2000 REALTY
Buyer's Agent
Kuan Sung
RE/MAX 2000 REALTY
List Price
$220,000
Sold Price
$245,000
Premium/Discount to List
$25,000
11.36%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Zamudio Mary Enriquita and Zamudio Enriqueta
Bought by
Zamudio Mary Enriquita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.41%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Equity Title
Chang Joseph -- None Available
Chang Joseph -- Equity Title Company
118 State Limited Partnership $245,000 Advantage Title
Zamudio Mary Enriquita -- Fidelity Van Nuys
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $286,500
Closed Chang Joseph $301,000
Previous Owner 118 Santa Limited Partnership $1,000,000
Previous Owner Zamudio Mary Enriquita $105,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $245,000 +11.4% $71 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $220,000 -- $64 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,321 $134,861 $69,369 $65,492
2024 $2,137 $134,861 $69,369 $65,492
2023 $1,943 $36,660 $8,600 $28,060
2022 $1,837 $36,660 $8,600 $28,060
2021 $1,678 $36,660 $8,600 $28,060
2020 $1,540 $24,180 $3,800 $20,380
2019 $1,540 $24,180 $3,800 $20,380
2018 $1,540 $24,180 $3,800 $20,380
2017 $1,360 $24,180 $3,800 $20,380
2016 $1,360 $24,180 $3,800 $20,380
2015 $1,238 $20,040 $3,000 $17,040
2014 $1,238 $20,040 $3,000 $17,040
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11134312

California Regional Multiple Listing Service (CRMLS)
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