NOT LISTED FOR SALE

Estimated Value: $1,180,600

7 Beds
4 Baths
3,352 Sq Ft
$352/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $850,000 $254 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,440/month

80 Days on Market

About This Home

As of October 2018

Three (3) unit investment opportunity, Near USC, Downtown LA, Sports Arena, Banc of California Stadium, Exposition Park, Mayor Highways, Beaches and award winning schools. Growing neighborhood with upbeat shops, restaurants, churches and local parks. Potential redevelopment opportunity! It is an upcoming area with a lot of potential, easy management! Tenants are on Month to Month. unit 1 with 3 bedrooms, 1 bath, unit 2 with 3 bedrooms, 2 bath and unit 3 with 1 bedroom and 1 bath, long driveway for plenty of parking and 2- 2 car garage 1 with private storage.

Last Agent to Sell the Property

JAIME AVILEZ

XPERT HOME LENDING, INC. License #01456041 Listed on: 05/14/2018

Last Buyer's Agent

Kenny Kim

Kobeissi Properties License #01930340

Kobeissi Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,712

Year Built

  • Built in 1902

Lot Details

  • 5,854 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,352 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 5055019024

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Gas Meters
  • Electric Expense $2,500
  • Insurance Expense $899
  • Trash Expense $250
  • Water Sewer Expense $650
  • New Taxes Expense $700
  • Operating Expense $4,999
  • Gross Income $43,440
  • Net Operating Income $37,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,712

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 650.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5055019024
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 253.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5854.00

Multi Family

  • Electric Expense: 2500.00
  • Gross Income: 43440.00
  • Gross Scheduled Income: 43440.00
  • Insurance Expense: 899.00
  • Net Operating Income: 37840.00
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 5600.00
  • Rent Control: Yes
  • Total Expenses: 4999.00

Tax Info

  • New Taxes Expense: 700.00
  • Tax Census Tract: 2217.10
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Kah Rebecca Yeeun
Bought by
Casa Coco Llc
Current Estimated Value
$1,180,600

Purchase Details

Listed on
May 14, 2018
Closed on
Nov 13, 2018
Sold by
Kah Rebecca Yeeun and Kah Rebecca Yeeum
Bought by
Kah Rebecca Yeeun
Seller's Agent
JAIME AVILEZ
XPERT HOME LENDING, INC.
Buyer's Agent
Kenny Kim
Kobeissi Properties
List Price
$865,000
Sold Price
$850,000
Premium/Discount to List
-$15,000
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 20, 2018
Sold by
Santiago Maria Christina De and Carrillo Martha Arlin
Bought by
Kah Rebecca Yeeum
Seller's Agent
JAIME AVILEZ
XPERT HOME LENDING, INC.
Buyer's Agent
Kenny Kim
Kobeissi Properties
List Price
$865,000
Sold Price
$850,000
Premium/Discount to List
-$15,000
-1.73%

Purchase Details

Closed on
Aug 28, 2007
Sold by
Tumasian Rosa Evelia
Bought by
Tumasian Manuk Gregor and Tumasian Rosa Evelia

Purchase Details

Closed on
Apr 7, 1994
Sold by
Tumasian Rosa Evelia
Bought by
Desantiago Mraia Christina and Tumasian Rosa Evelia
Source: Public Records

Range of Values:

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Average Value
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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
Casa Coco Llc -- Accommodation
Kah Rebecca Yeeun -- First American Title Co
Kah Rebecca Yeeum $825,000 First American Title Company
Carrillo Martha Arlin -- First American Title Company
Tumasian Manuk Gregor -- None Available
Desantiago Mraia Christina -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $850,000 -1.7% $254 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $865,000 -- $258 / 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
2025 $11,712 $952,538 $649,458 $303,080
2024 $11,712 $933,862 $636,724 $297,138
2023 $11,494 $915,552 $624,240 $291,312
2022 $10,971 $897,600 $612,000 $285,600
2021 $10,473 $850,217 $618,340 $231,877
2020 $10,576 $841,500 $612,000 $229,500
2019 $10,165 $825,000 $600,000 $225,000
2018 $706 $26,878 $21,518 $5,360
2016 $642 $25,836 $20,684 $5,152
2015 $637 $25,449 $20,374 $5,075
2014 $654 $24,951 $19,975 $4,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18144465

California Regional Multiple Listing Service (CRMLS)

APN: 5055-019-024