NOT LISTED FOR SALE

1277 5th Ave Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,215,000 - $2,170,000

6 Beds
6 Baths
5,280 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $1,510,000 $286 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,215/month

6 Days on Market

Highlights

  • Tandem Parking
  • Ceiling Fan
  • Controlled Entrance

About This Home

As of August 2017

Quite and peaceful Country Club Area, located near Korea town. Each unit has Laundry Hook up and Laminated floor. All units are very clean and well maintained. Building size is 5280 sf, each unit is over 1000 sf, large and useful. Close proximity and easy of access to major transportation, restaurants and many more.This property sold "As-Is" condition.

Last Agent to Sell the Property

Anna Lee

Top Elite Realty License #01483820 Listed on: 07/25/2017

Top Elite Realty

Last Buyer's Agent

Stacy B. Han

Keller Williams Larchmont License #01886632

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,951

Year Built

  • Built in 1923

Lot Details

  • 7,792 Sq Ft Lot

Interior Spaces

  • 5,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • Tandem Parking
  • Uncovered Parking
  • Controlled Entrance

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5081-008-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,951

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5280
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Ceiling Fan, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven
  • Price Per S Q F T: 301.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Controlled Entrance, Tandem, Uncovered
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Electric Expense: 6200.00
  • Heating: Wall Gas

Fee Information

  • Insurance Expense: 1181.00
  • Maintenance Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 219334
  • Assessed Land Value: 865803
  • Assessor Parcel Number: 5081-008-011
  • Geocode Override: No
  • Lot Size Area: 7792

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 20795
  • Type Of Units: 4
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 13414.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 18, 2017
Sold by
Oh Jessica
Bought by
Jssm Investment Llc
Seller's Agent
Anna Lee
Top Elite Realty
Buyer's Agent
Stacy B. Han
Keller Williams Larchmont
List Price
$1,590,000
Sold Price
$1,510,000
Premium/Discount to List
-$80,000
-5.03%
Current Estimated Value
$1,778,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,917
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
Apr 4, 2016
Sold by
Oh Jessie
Bought by
Oh Jessica

Purchase Details

Closed on
Dec 23, 2014
Sold by
Oh Jessica
Bought by
Oh Jessica and Oh Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Oh Maan Taek
Bought by
Oh Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 19, 2005
Sold by
Kim Seong Il and Kim Un Sook
Bought by
Oh Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 5, 2004
Sold by
Lee Seung Hwan
Bought by
Kim Seong Il

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2003
Sold by
Park No Chung and Park Hyun Ja
Bought by
Lee Seung Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Lee Sang H and Lee Kyi Y
Bought by
Park No Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
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
Jssm Investment Llc $1,510,000 Stewart Title Of California
Oh Jessica -- Stewart Title Of California
Oh Jessica -- None Available
Oh Jessica -- North American Title Company
Oh Jessica -- Gateway Title Company
Oh Jessica $940,000 --
Kim Seong Il $810,000 Stewart Title
Lee Seung Hwan $525,000 Ticor Title Co
Park No Chung $450,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oh Jessica $790,000
Previous Owner Oh Jessica $658,000
Previous Owner Kim Seong Il $600,000
Previous Owner Lee Seung Hwan $385,000
Previous Owner Park No Chung $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $1,510,000 -5.0% $286 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $1,590,000 0.0% $301 / Sq Ft
05/30/2017 05/30/17 Rented $2,100 -2.3% --
05/10/2017 05/10/17 For Rent $2,150 -- --
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 $20,951 $1,718,116 $1,202,682 $515,434
2024 $20,951 $1,684,428 $1,179,100 $505,328
2023 $20,553 $1,651,401 $1,155,981 $495,420
2022 $19,611 $1,619,021 $1,133,315 $485,706
2021 $19,352 $1,587,277 $1,111,094 $476,183
2019 $18,779 $1,540,200 $1,078,140 $462,060
2018 $18,620 $1,510,000 $1,057,000 $453,000
2016 $13,414 $1,085,137 $865,803 $219,334
2015 $11,209 $900,000 $631,000 $269,000
2014 $11,116 $870,000 $610,000 $260,000
Source: Public Records

Agents Affiliated with this Home

  • Anna Lee

    Seller's Agent in 2017

    Anna Lee

    Top Elite Realty

    (213) 675-6407

    1 in this area

    47 Total Sales

    Anna Lee
    Section Image
  • Stacy B. Han

    Buyer's Agent in 2017

    Stacy B. Han

    Keller Williams Larchmont

    (213) 505-4698

    4 Total Sales

    Stacy B. Han
    Section Image
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Map

Source: The MLS

MLS Number: 17-254986

The MLS

APN: 5081-008-011

California Los Angeles County Los Angeles 90019 Arlington Heights

1277 5th Ave, Los Angeles, CA

This home is located at 1277 5th Ave, Los Angeles, CA 90019 since 25 July 2017 and is currently estimated at $1,778,917, approximately $336 per square foot. This property was built in 1923. 1277 5th Ave is a home located in Los Angeles County with nearby schools including Arlington Heights Elementary School, Pio Pico Middle School, and Los Angeles Senior High School.

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