NOT LISTED FOR SALE

1234 Elden Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,046,000 - $1,592,000

6 Beds
4 Baths
3,292 Sq Ft
$425/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $860,000 $261 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,336/month

124 Days on Market

About This Home

As of September 2016

LOCATED IN THE HEART OF KOREA TOWN Great investment potential for owner user and investor. closed to shopping malls and walking distance to restaurant. great location. Actually 9 bedrooms and 4 bathrooms but Property title shows 6 bedrooms and 4 bathrooms. main house with three bedrooms and two baths upstairs, nice stained bolted ceiling and hardwood floors Motivated seller easy to show. Good income property. Partially upgarded Copper tubing plumbing. New electric wiring. 9+parking spaces. New fence. Combination of hardwood and carpet. The property is very close to Downtown L.A. . Buyer to verify with the City of L.A. regarding number of units and all permits regarding property "PLEASE DO NOT DISTURB OCCUPANTS" " SEE SHOWING REMARK"

Last Agent to Sell the Property

Henry Han

HBAR License #01444239 Listed on: 04/15/2016

Last Buyer's Agent

Sung Kim

WIN Realty & Properties License #01346325

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 7,000

Parking

  • 9 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,000 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5076-017-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3292
  • Stories: 2
  • Year Built: 1906
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 258.20

Exterior Features

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

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 203996
  • Assessed Land Value: 305994
  • Assessor Parcel Number: 5076-017-007
  • Geocode Override: No
  • Lot Size Area: 7000

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.83
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Sep 7, 2016
Sold by
Jang Sun Hwa
Bought by
Paek Andrew S and Paek Julie
Seller's Agent
Henry Han
HBAR
Buyer's Agent
Sung Kim
WIN Realty & Properties
List Price
$950,000
Sold Price
$860,000
Premium/Discount to List
-$90,000
-9.47%
Current Estimated Value
$1,398,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,551
Avg. Annual Appreciation
5.29%

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 12, 2013
Sold by
Marroquin Alex F and Marroquin Angelica M
Bought by
Jang Sun Hwa
Seller's Agent
Anna J. Ahn
Redpoint Realty
Buyer's Agent
Sharon Oh
Redpoint Realty
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.79%

Purchase Details

Closed on
Jun 20, 2007
Sold by
Johnson Eileen and The Oium Living Trust
Bought by
Marroquin Alex F and Marroquin Angelica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2005
Sold by
Oium Helen Louise
Bought by
Oium Helen L and Oium Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Paek Andrew S $860,000 Lawyers Title Company
Jang Sun Hwa $500,000 Provident Title Company
Marroquin Alex F $400,000 Provident Title Company
Oium Helen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marroquin Alex F $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2016 09/15/16 Sold $860,000 +1.2% $261 / Sq Ft
05/20/2016 05/20/16 Price Changed $850,000 -5.0% $258 / Sq Ft
05/05/2016 05/05/16 Price Changed $895,000 -2.7% $272 / Sq Ft
04/29/2016 04/29/16 Price Changed $920,000 -3.2% $279 / Sq Ft
04/15/2016 04/15/16 For Sale $950,000 +90.0% $289 / Sq Ft
07/25/2013 07/25/13 Sold $500,000 -16.7% $152 / Sq Ft View Prior Sale
05/29/2013 05/29/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $600,000 -- $182 / Sq Ft
Source: The MLS

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 $12,888 $1,041,620 $754,378 $287,242
2024 $12,888 $1,021,197 $739,587 $281,610
2023 $12,648 $1,001,175 $725,086 $276,089
2022 $12,077 $981,545 $710,869 $270,676
2021 $11,912 $962,300 $696,931 $265,369
2019 $11,563 $933,759 $676,260 $257,499
2018 $10,834 $877,200 $663,000 $214,200
2016 $6,464 $517,766 $310,660 $207,106
2015 $6,372 $509,990 $305,994 $203,996
2014 $6,405 $500,000 $300,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Henry Han

    Seller's Agent in 2016

    Henry Han

    HBAR

    (213) 785-4989

    3 Total Sales

    Henry Han
    Section Image

  • S

    Buyer's Agent in 2016

    Sung Kim

    WIN Realty & Properties

    (213) 738-8949

    3 Total Sales

    Sung Kim
    Section Image

  • A

    Seller's Agent in 2013

    Anna J. Ahn

    Redpoint Realty

    (818) 282-2499

    10 Total Sales

    Anna J. Ahn
    Section Image
  • Sharon Oh

    Buyer's Agent in 2013

    Sharon Oh

    Redpoint Realty

    (213) 400-5252

    2 in this area

    13 Total Sales

    Sharon Oh
    Section Image
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Map

Source: The MLS

MLS Number: 16-116148

The MLS

APN: 5076-017-007

California Los Angeles County Los Angeles 90006 Pico-Union

1234 Elden Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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