NOT LISTED FOR SALE

Estimated Value: $1,152,000 - $1,868,000

12 Beds
8 Baths
4,410 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $1,275,000 $289 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,371/month

10 Days on Market

About This Home

As of August 2018

No Rent control ! Spacious 4 unit building with 2 story 3 Bed 2 Bath town-house style unit. All of the unit are occupied with long term tenants. Excellent condition. Property located close to U.S.C University and Down-town. Drive by only.

Last Agent to Sell the Property

Jae Taek Lim

Realty ONE Group United License #01941688 Listed on: 07/13/2018

Realty ONE Group United

Co-Listed By

Jenny Nam

New Star Realty License #01008039

Last Buyer's Agent

Tony Han

Seeders Real Estate License #01426050

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,251 Sq Ft Lot

Home Design

  • 4,410 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Gated Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5128-003-040

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4410
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 289.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Gated, Parking Space
  • Total Parking: 8

Utilities

  • Water Expense: 4800.00

Fee Information

  • Insurance Expense: 2400.00

Lot Info

  • Assessed Improvement Value: 431826
  • Assessed Land Value: 517777
  • Assessor Parcel Number: 5128-003-040
  • Geocode Override: No
  • Lot Size Area: 6251

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.63
  • Number Of Units: 4
  • Rent Control: 0
  • Type Of Units: 4

Tax Info

  • Tax Expense: 15938.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2020
Sold by
Bae Suhoon
Bought by
Bae Suhoon and Bae Christina Jungeun
Current Estimated Value
$1,525,824

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 16, 2018
Sold by
Bae Christina Jungeun
Bought by
Bae Suhoon
Seller's Agent
Jae Taek Lim
Realty ONE Group United
Buyer's Agent
Tony Han
Seeders Real Estate
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$765,000
Outstanding Balance
$662,987
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$862,837

Purchase Details

Listed on
Jul 13, 2018
Closed on
Jul 23, 2018
Sold by
Choi Daniel Sung
Bought by
Bae Suhoon
Seller's Agent
Jae Taek Lim
Realty ONE Group United
Buyer's Agent
Tony Han
Seeders Real Estate
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$662,987
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$862,837

Purchase Details

Closed on
Apr 17, 2015
Sold by
Choi Woo Rim
Bought by
Choi Daniel Sung and Choi Soon Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,002
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2006
Sold by
Muhammad Zubayr
Bought by
Choi Woo Rim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 26, 2003
Sold by
Zepeda Hector and Zepeda Catalina
Bought by
Muhammad Zubayr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bae Suhoon -- Accommodation
Bae Suhoon -- Chicago Title Company
Bae Suhoon $1,275,000 Chicago Title Company
Choi Daniel Sung $917,000 Chicago Title Company
Choi Woo Rim $760,000 Commonwealth Land Title
Muhammad Zubayr $485,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bae Suhoon $765,000
Previous Owner Choi Daniel Sung $756,002
Previous Owner Choi Woo Rim $608,000
Previous Owner Muhammad Zubayr $352,000
Closed Muhammad Zubayr $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2018 08/28/18 Sold $1,275,000 0.0% $289 / Sq Ft
07/13/2018 07/13/18 For Sale $1,275,000 +39.0% $289 / Sq Ft
06/26/2015 06/26/15 Sold $917,000 -1.3% $208 / Sq Ft View Prior Sale
04/23/2015 04/23/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $929,000 -- $211 / 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 $17,376 $1,422,282 $501,981 $920,301
2024 $17,376 $1,394,395 $492,139 $902,256
2023 $17,044 $1,367,055 $482,490 $884,565
2022 $16,259 $1,340,251 $473,030 $867,221
2021 $16,047 $1,313,972 $463,755 $850,217
2019 $15,572 $1,275,000 $450,000 $825,000
2018 $12,061 $968,594 $528,132 $440,462
2016 $11,419 $930,984 $507,625 $423,359
2015 $6,975 $551,000 $200,000 $351,000
2014 -- $500,000 $205,200 $294,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-363236

The MLS

APN: 5128-003-040