NOT LISTED FOR SALE

1314 S Manhattan Place Los Angeles, CA 90019

Harvard Heights Neighborhood

Estimated Value: $1,397,000 - $1,894,000

6 Beds
4 Baths
5,774 Sq Ft
$283/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $660,000 $114 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $9,930/month

147 Days on Market

About This Home

As of April 2012

////SHORT SALE ///// RARELY ON THE MARKET //// 4 UNITS GATED INCOME PROPERTY IS CONVENIENTLY LOCATED IN A NICE RESIDENTIAL AREA IN KOERATOWN. EACH UNIT HAS 3 BED & 2 BATH. DRIVE BY ONLY. OFFER SUBJECT TO INTERIOR INSPECTION.

Last Agent to Sell the Property

Sam Kim

J & C Investment Group, Inc License #01881880 Listed on: 11/16/2011

Last Buyer's Agent

Shelly Han

T.N.G. Real Estate Consultants License #01846738

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,662

Year Built

  • Built in 1923

Lot Details

  • 10,132

Parking

  • 10 Parking Spaces

Home Design

  • 5,774 Sq Ft Home
  • Colonial Architecture
  • Stucco

Additional Features

  • 10,132 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block 1
  • Assessor Parcel Number 5073010014

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $3,600
  • Gardener Expense $1,080
  • Insurance Expense $1,236
  • Water Sewer Expense $5,760
  • New Taxes Expense $14,223
  • Gross Income $5,040
  • Net Operating Income $41,938

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,662

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.02
  • View: No
  • Water Sewer Expenses: 5760.00
  • Zoning: LAR2
  • Architectural Style: Colonial
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 5073010014
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 114.31

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10132.00
  • Lot Size Acres: 0.2330

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 5040.00
  • Gross Multiplier: 11.52
  • Gross Scheduled Income: 60480.00
  • Insurance Expense: 1236.00
  • Lot Size Area: 10132.0000 Square Feet
  • Net Operating Income: 41938.00
  • Number Of Units Total: 4
  • Operating Expense: 18542.00
  • Vacancy Allowance: 5

Tax Info

  • New Taxes Expense: 14223.00
  • Tax Area: 67
  • Tax Block: 1
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2011
Closed on
Apr 3, 2012
Sold by
Kong Eliza
Bought by
Oh Jenny
Seller's Agent
Sam Kim
J & C Investment Group, Inc
Buyer's Agent
Shelly Han
T.N.G. Real Estate Consultants
List Price
$697,000
Sold Price
$660,000
Premium/Discount to List
-$37,000
-5.31%
Current Estimated Value
$1,632,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$972,333
Avg. Annual Appreciation
7.23%
Original Mortgage
$300,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Park Moo Sung
Bought by
Kong Eliza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,600
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2003
Sold by
Pak Eun Sook
Bought by
Park Moo Sung

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
5.54%

Purchase Details

Closed on
Apr 14, 2003
Sold by
Hur Chong Won
Bought by
Park Moo Sung

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
5.54%

Purchase Details

Closed on
Aug 27, 1998
Sold by
Park Yong Jae and Park Yong Chae
Bought by
Hur Chong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,250
Interest Rate
4.95%

Purchase Details

Closed on
Sep 15, 1997
Sold by
Park Yong Chae
Bought by
Park Yong Chae

Purchase Details

Closed on
Sep 8, 1995
Sold by
Bank Of Seoul
Bought by
Park Yong Chae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.38%
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
Oh Jenny $660,000 Fidelity Van Nuys
Kong Eliza $990,000 Stewart Title
Kong Eliza -- Stewart Title
Park Moo Sung -- Gateway Title Company
Park Moo Sung $750,000 Gateway Title Company
Hur Chong Won $352,500 Chicago Title
Hur Chong Won -- Chicago Title
Park Yong Chae -- North American Title
Chung Un Sook -- North American Title
Park Yong Chae $130,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Jenny $653,000
Closed Oh Jenny $682,500
Closed Oh Jenny $300,000
Previous Owner Kong Eliza Sinok $1,418,000
Previous Owner Kong Eliza $960,000
Previous Owner Kong Eliza $641,600
Previous Owner Park Moo Sung $83,000
Previous Owner Park Moo Sung $610,000
Previous Owner Park Moo Sung $127,000
Previous Owner Park Moo Sung $600,000
Previous Owner Hur Chong Won $100,000
Previous Owner Hur Chong Won $29,473
Previous Owner Hur Chong Won $43,500
Previous Owner Hur Chong Won $37,000
Previous Owner Hur Chong Won $17,000
Previous Owner Hur Chong Won $317,250
Previous Owner Park Young Chae $48,000
Previous Owner Park Yong Chae $187,500
Previous Owner Park Yong Chae $104,000
Closed Kong Eliza $100,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2012 04/13/12 Sold $660,000 -5.3% $114 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $697,000 -- $121 / 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
2024 $10,662 $812,732 $554,137 $258,595
2023 $10,472 $796,797 $543,272 $253,525
2022 $10,014 $781,174 $532,620 $248,554
2021 $9,863 $765,858 $522,177 $243,681
2019 $9,583 $743,144 $506,690 $236,454
2018 $9,356 $728,573 $496,755 $231,818
2016 $8,902 $700,283 $477,466 $222,817
2015 $8,777 $689,766 $470,295 $219,471
2014 $8,831 $676,255 $461,083 $215,172
Source: Public Records

Agents Affiliated with this Home

  • Sam Kim

    Seller's Agent in 2012

    Sam Kim

    J & C Investment Group, Inc

    (714) 388-4259

    15 Total Sales

    Sam Kim
    Section Image

  • S

    Buyer's Agent in 2012

    Shelly Han

    T.N.G. Real Estate Consultants

    (714) 552-5004

    16 Total Sales

    Shelly Han
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P803340

California Regional Multiple Listing Service (CRMLS)

APN: 5073-010-014

California Los Angeles County Los Angeles 90019 Harvard Heights

1314 S Manhattan Place, Los Angeles, CA

This home is located at 1314 S Manhattan Place, Los Angeles, CA 90019 since 16 November 2011 and is currently estimated at $1,632,333, approximately $282 per square foot. This property was built in 1923. 1314 S Manhattan Place is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Pio Pico Middle School, and West Adams Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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