A
Seller's Agent in 2012
Alazar Asmamaw
A-Squared Property Inc.
1237 Fedora St Los Angeles, CA 90006
Pico-Union NeighborhoodEstimated Value: $1,169,000 - $1,824,000
5
Beds
4
Baths
3,367
Sq Ft
$412/Sq Ft
Est. Value
About This Home
As of December 2012Excellent investment opportunity; a four unit property in two separate buildings. Three units are 1+1 and one unit is an extra large 2 story 2+1 unit – perfect for an owner user. Property is completely renovated with new roof, 3 renovated units, new exterior paint and brand new landscaping. Strategically located on the southern end of Koreatown and minutes away from fast growing downtown L.A., the property is located in an area of enormous rental demand and will stand to benefit from the projected job growth of both locations. Front unit is currently vacant but can be delivered occupied. The rest of the three units are occupied so please don’t disturb tenants. Vacant unit is available for showing.
Last Agent to Sell the Property
Alazar Asmamaw
A-Squared Property Inc. License #01844152 Listed on: 06/21/2012
Last Buyer's Agent
John Thyne
Goodwin & Thyne Properties, Inc License #01727749
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 5,899 Sq Ft Lot
Home Design
- 3,367 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 2133
- Assessor Parcel Number 5078034011
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $800
- Insurance Expense $2,250
- Water Sewer Expense $800
- New Taxes Expense $6,863
- Gross Income $3,849
- Net Operating Income $33,774
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2020
Sold by
Thyne Thomas J and 1237 Greyhat Properties Llc
Bought by
Thyne Thomas J
Current Estimated Value
Purchase Details
Closed on
May 1, 2014
Sold by
Thyne Thomas J
Bought by
1237 Greyhat Properties Llc
Purchase Details
Listed on
Jun 21, 2012
Closed on
Nov 14, 2012
Sold by
Mfp Blvd Llc
Bought by
Thyne Thomas J
Seller's Agent
Alazar Asmamaw
A-Squared Property Inc.
Buyer's Agent
John Thyne
Goodwin & Thyne Properties, Inc
List Price
$550,000
Sold Price
$507,000
Premium/Discount to List
-$43,000
-7.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$350,000
Interest Rate
3.33%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 19, 2011
Closed on
Mar 1, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Mfp Blvd Llc
Seller's Agent
Daniel Garcia
Century 21 Cornerstone
Buyer's Agent
Alazar Asmamaw
A-Squared Property Inc.
List Price
$375,000
Sold Price
$302,000
Premium/Discount to List
-$73,000
-19.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.23%
Purchase Details
Closed on
May 2, 2011
Sold by
Moreno Ricardo Santana
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
May 26, 2006
Sold by
Gomez Hector G
Bought by
Moreno Ricardo Santana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 16, 2004
Sold by
Gomez Hector G
Bought by
Gomez Hector G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.74%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thyne Thomas J | -- | None Available | |
| 1237 Greyhat Properties Llc | -- | None Available | |
| Thyne Thomas J | $507,000 | Servicelink | |
| Mfp Blvd Llc | $302,000 | Servicelink | |
| Deutsche Bank National Trust Company | $400,000 | Accommodation | |
| Moreno Ricardo Santana | $745,000 | Investors Title Company | |
| Gomez Hector G | -- | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Thyne Thomas J | $350,000 | |
| Previous Owner | Moreno Ricardo Santana | $596,000 | |
| Previous Owner | Gomez Hector G | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2012 12/03/12 | Sold | $507,000 | -7.8% | $151 / Sq Ft | |
| 10/12/2012 10/12/12 | Pending | -- | -- | -- | |
| 06/21/2012 06/21/12 | For Sale | $550,000 | +82.1% | $163 / Sq Ft | |
| 03/30/2012 03/30/12 | Sold | $302,000 | -19.5% | $90 / Sq Ft | View Prior Sale |
| 01/19/2012 01/19/12 | Pending | -- | -- | -- | |
| 10/19/2011 10/19/11 | For Sale | $375,000 | -- | $111 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,895 | $624,322 | $374,350 | $249,972 |
| 2024 | $7,895 | $612,081 | $367,010 | $245,071 |
| 2023 | $7,753 | $600,080 | $359,814 | $240,266 |
| 2022 | $7,410 | $588,314 | $352,759 | $235,555 |
| 2021 | $7,303 | $576,780 | $345,843 | $230,937 |
| 2020 | $7,372 | $570,867 | $342,297 | $228,570 |
| 2019 | $7,093 | $559,675 | $335,586 | $224,089 |
| 2018 | $6,967 | $548,702 | $329,006 | $219,696 |
| 2016 | $6,639 | $527,397 | $316,231 | $211,166 |
| 2015 | $6,546 | $519,476 | $311,481 | $207,995 |
| 2014 | $6,593 | $509,301 | $305,380 | $203,921 |
Source: Public Records
Agents Affiliated with this Home
-
-
Daniel Garcia
Seller's Agent in 2012
Daniel Garcia
Century 21 Cornerstone
(626) 568-8120
63 Total Sales
-
J
Buyer's Agent in 2012
John Thyne
Goodwin & Thyne Properties, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S12078270
APN: 5078-034-011
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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