$1,015,000
SOLD JUN 30, 2017
3 Beds
2 Baths
3,057 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$332 Per Sq Ft

4% Above List Price

35 Days on Market

Highlights

  • Cooling Available
  • Garden
  • Wall Furnace
  • Laundry Room

About This Home

As of November 2022

BACK IN THE MARKET. Rare Angeleno Heights Area of Los Angeles, Built 1914, 4 separate units detach, No driveway, no carports, no garage, only street parking,
1206 tenant has long time history being tenant, 1206 needs remodel. other 3 units are in much better conditions, Seller passed City of Los Angeles annual inspection in April 2017, This property to be sold at "As Is" present condition. Seller will not do any type of repairs of disclosures or non disclosure items. unit numbers are 1206, 1206 1/2, 1208, 1208 1/2. unit 1208 is 2 bedroom & small bonus room,1.5 bath, tenant using as a small bedroom now. 1208 has some storage space under house, being use by 1208 tenant. seller replace new roof all 4 units about 3 yrs ago. 3 of 4 units/tenants using their own window ac unit. all 4 units have wall furnace.
some yard in front being use by 2 tenants and yard in back being use by rear 2 units/tenants. 4 units are occupy, no sprinklers system and no repairs. no laundry hookup for 3 front units, only rear/1208 has laundry hookup.

Last Agent to Sell the Property

Jonathan Vong

JV GROUP REALTY, INC. License #01231948 Listed on: 05/03/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,084

Year Built

  • Built in 1914

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • No Landscaping
  • Garden
  • Value in Land

Home Design

  • 3,057 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • No Driveway

Utilities

  • Cooling Available
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Gas Cooktop
  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 1976
  • Assessor Parcel Number 5405002024

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,722
  • Water Sewer Expense $1,194
  • New Taxes Expense $7,722
  • Operating Expense $10,638
  • Gross Income $44,040
  • Net Operating Income $33,402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,084

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9094992113
  • Other Phone Number: 9094992113
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1194.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5405002024
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 332.02

Exterior Features

  • Pool Private: No
  • Construction Materials: Unknown

Garage/Parking

  • Parking: Yes
  • Parking Features: No Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, No Landscaping, Value In Land
  • Lot Size Sq Ft: 7500.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 44040.00
  • Gross Scheduled Income: 44040.00
  • Insurance Expense: 1722.00
  • Net Operating Income: 33402.46
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 10637.50
  • Rent Control: Yes
  • Total Actual Rent: 3670.00
  • Total Expenses: 10637.54

Tax Info

  • New Taxes Expense: 7721.50
  • Tax Census Tract: 1976.00
  • Tax Lot: 3
  • Tax Tract Number: 1976.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2025
Closed on
Mar 7, 2025
Sold by
Casa De Vida Ii Llc
Bought by
Phelps Richard H and Kowall Sharon Jean
Seller's Agent
Jodi Rubin
Sotheby's International Realty
Buyer's Agent
Brita Kleingartner
TRG Real Estate Co., Inc.
List Price
$695,000
Sold Price
$725,000
Premium/Discount to List
$30,000
4.32%
Views
328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.20%
Original Mortgage
$507,500
Outstanding Balance
$507,080
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$470,920

Purchase Details

Closed on
Jan 10, 2025
Sold by
Casa De Vida Ii Llc
Bought by
Cudlitz Maxwell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Outstanding Balance
$507,080
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$470,920

Purchase Details

Closed on
Sep 5, 2024
Sold by
Casa De Vida Ii Llc
Bought by
Roshandel Mani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 21, 2022
Sold by
Pearson/Behles Family Trust
Bought by
Casa De Vida Ii Llc
Seller's Agent
Brock Harris
Keller Williams Realty Los Feliz
Buyer's Agent
Greg Erpenbach
Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,355,000
Premium/Discount to List
-$40,000
-2.87%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.50%
Original Mortgage
$1,547,931
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 26, 2017
Sold by
Friendly Neighbor Properties Llc
Bought by
Pearson Andrew and Behles Liza
Seller's Agent
Jonathan Vong
JV GROUP REALTY, INC.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$975,000
Sold Price
$1,015,000
Premium/Discount to List
$40,000
4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$812,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Livin Sam Philip D and Livin Soi Tan Truong Revocable
Bought by
Sam Philip D and Sam Mindy P

Purchase Details

Closed on
Aug 31, 2007
Sold by
Truong Tan Soi
Bought by
Truong Soi Tan and Truong Tan Soi
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 Type Sale Price Title Company
Grant Deed $725,000 Equity Title Company
Grant Deed $695,000 Equity Title Company
Grant Deed $950,000 Equity Title Company
Grant Deed $1,355,000 Equity Title
Grant Deed $1,015,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $507,500 New Conventional
Previous Owner $521,250 New Conventional
Previous Owner $314,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $1,547,931 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $781,000 New Conventional
Previous Owner $812,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $695,000 -48.7% $972 / Sq Ft
11/18/2022 11/18/22 Sold $1,355,000 -2.9% $443 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $1,395,000 +37.4% $456 / Sq Ft
06/30/2017 06/30/17 Sold $1,015,000 +4.1% $332 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $975,000 0.0% $319 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $975,000 -- $319 / 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
2024 $17,084 $1,382,100 $918,000 $464,100
2023 $16,755 $1,355,000 $900,000 $455,000
2022 $13,433 $1,110,047 $765,550 $344,497
2021 $13,262 $1,088,283 $750,540 $337,743
2020 $13,395 $1,077,125 $742,845 $334,280
2019 $12,868 $1,056,006 $728,280 $327,726
2018 $12,748 $1,035,300 $714,000 $321,300
2016 $7,722 $621,318 $346,903 $274,415
2015 $7,611 $611,987 $341,693 $270,294
2014 $7,659 $600,000 $335,000 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17096269

California Regional Multiple Listing Service (CRMLS)

APN: 5405-002-024