NOT LISTED FOR SALE

1212 E Rosecrans Ave Unit 4 East Rancho Dominguez, CA 90221

Estimated Value: $697,898

4 Beds
4 Baths
2,628 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $350,000 $133 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,592/month

53 Days on Market

About This Home

As of September 2013

This is a great income unit with 1 commercial & 3 residential unit (1Bed/1Ba) behind commercial unit. The commercial unit is a long time local hair salon / barber shop.Same rent with no raise in rent for 7years. 1 block away from busy major intersession ( Rosecrans Ave. & Long Beach Blvd.). There are enough parking spaces for residents and 2 extra parking spaces for Business.

Last Agent to Sell the Property

Nikki S. Inn

Nikki S. Inn License #01255900 Listed on: 03/04/2013

Co-Listed By

Jae Song

Max Mega Group License #01483086

Last Buyer's Agent

Nikki S. Inn

Nikki S. Inn License #01255900 Listed on: 03/04/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,231

Year Built

  • Built in 1957

Lot Details

  • 4,659 Sq Ft Lot

Parking

  • 6 Parking Spaces

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6178-017-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,231

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2628
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 148.40

Exterior Features

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

Garage/Parking

  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 174078
  • Assessed Land Value: 152318
  • Assessor Parcel Number: 6178-017-004
  • Geocode Override: No
  • Lot Size Area: 4659

Rental Info

  • Land Lease Expiration Year: 2014

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.42
  • Number Of Units: 4
  • Rent Control: 3
  • Total Annual Expense: 0
  • Type Of Units: 4
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2013
Closed on
Sep 11, 2013
Sold by
Lee Jung Ah
Bought by
Lee Byeongseong
Seller's Agent
Nikki S. Inn
Nikki S. Inn
Buyer's Agent
Nikki S. Inn
Nikki S. Inn
List Price
$390,000
Sold Price
$350,000
Premium/Discount to List
-$40,000
-10.26%
Total Days on Market
53
Current Estimated Value
$697,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,898
Avg. Annual Appreciation
6.08%
Original Mortgage
$245,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 4, 2013
Closed on
Sep 5, 2013
Sold by
Hong Misoock
Bought by
Lee Byeongseong
Seller's Agent
Nikki S. Inn
Nikki S. Inn
Buyer's Agent
Nikki S. Inn
Nikki S. Inn
List Price
$390,000
Sold Price
$350,000
Premium/Discount to List
-$40,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2004
Sold by
Lee Young A and Kim Lynn J
Bought by
Hong Misoock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2004
Sold by
Lee Young A
Bought by
Lee Young A and Kim Lynn J
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
Lee Byeongseong -- Lawyers Title Company
Lee Byeongseong $350,000 Lawyers Title Company
Hong Misoock $300,000 Stewart Title Company
Lee Young A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Byeongseong $210,000
Closed Lee Byeongseong $245,000
Closed Lee Byeongseong $245,000
Previous Owner Hong Misoock $269,000
Previous Owner Hong Misoock $270,000
Previous Owner Hong Misoock $150,000
Previous Owner Lee Young A $150,000
Previous Owner Lee Young A $30,000
Previous Owner Lee Young A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2013 09/19/13 Sold $350,000 -10.3% $133 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $390,000 -- $148 / 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 $8,231 $420,627 $192,285 $228,342
2023 $8,140 $412,380 $188,515 $223,865
2022 $7,709 $404,295 $184,819 $219,476
2021 $7,766 $396,369 $181,196 $215,173
2019 $7,552 $384,615 $175,823 $208,792
2018 $7,336 $377,075 $172,376 $204,699
2016 $6,979 $362,435 $165,684 $196,751
2015 $6,687 $356,992 $163,196 $193,796
2014 $6,561 $350,000 $160,000 $190,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nikki S. Inn

    Nikki S. Inn

  • J

    Seller Co-Listing Agent in 2013

    Jae Song

    RE/MAX

    (213) 500-7356

    7 Total Sales

    Jae Song
    Section Image
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Map

Source: The MLS

MLS Number: 13-655757

The MLS

APN: 6178-017-004

California Los Angeles County East Rancho Dominguez 90221

1212 E Rosecrans Ave Unit 4, East Rancho Dominguez, CA

This home is located at 1212 E Rosecrans Ave Unit 4, East Rancho Dominguez, CA 90221 since 04 March 2013 and is currently estimated at $697,898, approximately $265 per square foot. This property was built in 1957. 1212 E Rosecrans Ave Unit 4 is a home located in Los Angeles County with nearby schools including Mayo Elementary School, Whaley Middle School, and Dominguez High School.

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