NOT LISTED FOR SALE

1245 S Crenshaw Blvd Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,235,000 - $2,471,000

2 Beds
2 Baths
1,100 Sq Ft
6,970 Sq Ft Lot

Highlights

  • Traditional Architecture
  • Air Conditioning
  • Ceiling Fan
  • Queen Anne Place Elementary Rated 9+
  • Tile Flooring

About This Home

As of August 2016

Convenient location just south of Koreatown.

Last Agent to Rent the Property

Benjamin Chung

Realtyworld Group License #01434399 Listed on: 06/29/2016

Last Renter's Agent

Sarah Bell

Nourmand & Associates-BH License #01964197

Nourmand & Associates-BH

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,533

Year Built

  • Built in 1910

Lot Details

  • 6,970

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window
  • Water Not Available

Community Details

  • Low-Rise Condominium

Listing and Financial Details

  • Security Deposit $1,600
  • Tenant pays for cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 5082-024-022

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,533

Year Built

Built in 1910

Lot Details

0

Parking

1

Rental Info

  • Credit Report Amount: 30.00
  • Land Lease Type: Full
  • Security Deposit: 1600
  • Tenant Pays: Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 1100
  • Year Built: 1910
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven
  • Price Per S Q F T: 1.45

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Gas
  • Water: Not Available

Lot Info

  • Assessor Parcel Number: 5082-024-022
  • Geocode Override: No
  • Lot Size Area: 7140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Bae Jung Il and Bae John
Bought by
Bae Jung Il
Current Estimated Value
$1,872,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$444,190
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$1,471,810

Purchase Details

Closed on
Jan 17, 2020
Sold by
L A & Hawaii Realty
Bought by
Bae Jung Il and Bae John

Purchase Details

Closed on
Dec 14, 2017
Sold by
Bae John
Bought by
L A & Hawaii Realty

Purchase Details

Closed on
Jul 19, 2011
Sold by
Bae John
Bought by
Bae John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 12, 2011
Sold by
Bae Julie
Bought by
Bae Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2011
Sold by
Montoya Luis Gastelum
Bought by
Bae John and Bae Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2007
Sold by
Montoya Luis Gastelum
Bought by
Montoya Luis Gastelum and Montoya Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,200
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2000
Sold by
Chan Jimmy J
Bought by
Montoya Luis G
Source: Public Records

Range of Values:

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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
Bae Jung Il -- Provident Title Company
Bae Jung Il -- Provident Title Company
L A & Hawaii Realty -- None Available
Bae John -- None Available
Bae Ronald -- Old Republic Title
Bae John -- Old Republic Title
Montoya Luis Gastelum -- Lsi Title Company
Montoya Luis G $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bae Jung Il $500,000
Previous Owner Bae John $132,750
Previous Owner Montoya Luis Gastelum $551,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Rented $1,600 0.0% --
07/14/2016 07/14/16 Price Changed $1,600 -5.9% $1 / Sq Ft
06/29/2016 06/29/16 For Rent $1,700 -- --
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
2025 $4,533 $333,471 $251,206 $82,265
2024 $4,533 $326,933 $246,281 $80,652
2023 $14,231 $1,135,269 $1,009,129 $126,140
2022 $13,585 $1,113,010 $989,343 $123,667
2021 $13,417 $1,091,188 $969,945 $121,243
2020 $4,250 $304,920 $229,698 $75,222
2019 $4,101 $298,943 $225,195 $73,748
2018 $3,937 $293,082 $220,780 $72,302
2017 $3,860 $287,336 $216,451 $70,885
2016 $3,756 $281,703 $212,207 $69,496
2015 $3,707 $277,473 $209,020 $68,453
2014 $3,747 $272,039 $204,926 $67,113
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2016

    Benjamin Chung

    Realtyworld Group

  • S

    Tenant's Agent in 2016

    Sarah Bell

    Nourmand & Associates-BH

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Map

Source: The MLS

MLS Number: 16-139346

The MLS

APN: 5082-024-022

California Los Angeles County Los Angeles 90019 Miracle Mile

1245 S Crenshaw Blvd, Los Angeles, CA

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