NOT LISTED FOR SALE

1201 4th Ave Unit 4 Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,705,000 - $2,460,000

11 Beds
6 Baths
5,560 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $1,650,000 $297 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $13,482/month

31 Days on Market

About This Home

As of June 2016

3 units shall be delivered vacant. Those units are completely REMODELED!!! Huge 3 BEDROOMS units and HUGE LOT!! (more than 9,000 SF measured). All units are very much open floor plan with Granite counter top kitchen and new tile bathrooms. All units have washer and dryer hook up. Plenty of closet space and room for bikes and golf bags. This is HPOZ and rent controlled area. One of the sellers is CA BRE licensee.

Last Agent to Sell the Property

Isaac Song

Level Real Estate License #01861903 Listed on: 03/07/2016

Last Buyer's Agent

Bong Sung

Max Mega Group License #01791678

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,909

Year Built

  • Built in 1922

Lot Details

  • 8,108

Parking

  • 10 Parking Spaces

Interior Spaces

  • 5,560 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Oven or Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Additional Features

  • 8,108 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5081-013-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,909

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5560
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 11
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 303.96

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 10

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 250000
  • Assessed Land Value: 600000
  • Assessor Parcel Number: 5081-013-001
  • Geocode Override: No
  • Lot Size Area: 8108

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 0
  • Vacancy Rate: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Casa Gracia Llc
Bought by
Jung Minchul
Total Days on Market
31
Current Estimated Value
$2,047,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,054,000
Outstanding Balance
$964,596
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,082,404

Purchase Details

Closed on
Mar 28, 2019
Sold by
Jung Minchul
Bought by
Casa Gracia Llc

Purchase Details

Listed on
Mar 7, 2016
Closed on
May 31, 2016
Sold by
Riti Llc
Bought by
Jung Minchul
Seller's Agent
Isaac Song
Level Real Estate
Buyer's Agent
Bong Sung
Max Mega Group
List Price
$1,690,000
Sold Price
$1,650,000
Premium/Discount to List
-$40,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$1,106,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2014
Sold by
Lee Mi Sook
Bought by
Riti Llc

Purchase Details

Closed on
Jun 27, 2007
Sold by
Kim Soon A Chonn
Bought by
Chon Sang Kyu

Purchase Details

Closed on
May 9, 2007
Sold by
Hur Connie and Jin Bing Hua
Bought by
Hur Connie

Purchase Details

Closed on
Feb 5, 2007
Sold by
Hur Connie
Bought by
Lee Mi Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$967,500
Interest Rate
8.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 13, 2006
Sold by
Hur Connie
Bought by
Hur Connie and Jin Bing Hua

Purchase Details

Closed on
Jan 30, 2006
Sold by
Yu Sharon
Bought by
Hur Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,900
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Johung Paul
Bought by
Yu Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2004
Sold by
Johung Grace Chungja
Bought by
Johung Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2004
Sold by
Cho Ryong
Bought by
Johung Paul Wanghyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
Cho Ryong and Cho Seung Hui
Bought by
Cho Ryong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 14, 2001
Sold by
Cho Ryong
Bought by
Cho Ryong and Cho Seung Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,576
Interest Rate
7.08%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Harrington Cheryl Denise Francis and Harrington Pounder C
Bought by
Cho Ryong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.73%
Source: Public Records

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Range of Values:

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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
Jung Minchul -- Accommodation
Casa Gracia Llc -- American Title Company
Jung Minchul $1,650,000 Provident Title Company
Riti Llc $850,000 Provident Title
Chon Sang Kyu -- First American Title Co
Hur Connie -- First American Title Co
Lee Mi Sook $1,290,000 First American Title Co
Hur Connie -- Accommodation
Hur Connie $1,147,000 Chicago Title
Yu Sharon $985,000 Lawyers Title Company
Johung Paul -- Lawyers Title
Johung Paul Wanghyun $800,000 Lawyers Title
Cho Ryong -- Chicago Title Insurance Co
Cho Ryong -- Fidelity National Title
Cho Ryong $340,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Minchul $1,054,000
Previous Owner Jung Minchul $1,106,000
Previous Owner Lee Mi Sook $967,500
Previous Owner Hur Connie $802,900
Previous Owner Yu Sharon $746,250
Previous Owner Johung Paul Wanghyun $640,000
Previous Owner Cho Ryong $420,000
Previous Owner Cho Ryong $78,750
Previous Owner Cho Ryong $100,000
Previous Owner Cho Ryong $67,576
Previous Owner Cho Ryong $50,000
Previous Owner Cho Ryong $306,000
Closed Johung Paul Wanghyun $120,000
Closed Yu Sharon $49,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $1,650,000 -2.4% $297 / Sq Ft
03/07/2016 03/07/16 For Sale $1,690,000 -- $304 / 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 $23,909 $1,924,814 $1,347,371 $577,443
2023 $23,454 $1,887,073 $1,320,952 $566,121
2022 $22,379 $1,850,072 $1,295,051 $555,021
2021 $22,086 $1,813,797 $1,269,658 $544,139
2020 $22,199 $1,786,011 $1,255,621 $530,390
2019 $21,326 $1,750,992 $1,231,001 $519,991
2018 $21,113 $1,716,660 $1,206,864 $509,796
2016 $10,783 $862,962 $609,150 $253,812
2015 $10,630 $850,000 $600,000 $250,000
2014 $12,535 $985,000 $612,100 $372,900
Source: Public Records

Agents Affiliated with this Home

  • Isaac Song

    Seller's Agent in 2016

    Isaac Song

    Level Real Estate

    (213) 268-9576

    2 in this area

    43 Total Sales

    Isaac Song
    Section Image
  • Bong Sung

    Buyer's Agent in 2016

    Bong Sung

    RE/MAX

    (213) 700-7676

    2 in this area

    32 Total Sales

    Bong Sung
    Section Image
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Map

Source: The MLS

MLS Number: 16-103852

The MLS

APN: 5081-013-001

California Los Angeles County Los Angeles 90019 Arlington Heights

1201 4th Ave Unit 4, Los Angeles, CA

This home is located at 1201 4th Ave Unit 4, Los Angeles, CA 90019 since 07 March 2016 and is currently estimated at $2,047,000, approximately $368 per square foot. This property was built in 1922. 1201 4th Ave Unit 4 is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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