NOT LISTED FOR SALE

Estimated Value: $1,352,903 - $1,606,000

6 Beds
5 Baths
3,356 Sq Ft
$441/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $755,000 $225 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $8,809/month

53 Days on Market

About This Home

As of August 2015

Good Location !! Close to koreatown & downtown. All unit remolded throughout.Property is currently occupied. Do not disturb occupants.Drive by Only. Subject to inspection upon acceptance.Do not disturb tenant. Call listing agent for more information.

Last Agent to Sell the Property

Daniel Lee

Bee Investment, Inc. License #01343520 Listed on: 06/05/2015

Last Buyer's Agent

Jenny Kang

Bee Investment, Inc. License #01755711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,489

Year Built

  • Built in 1911

Lot Details

  • 7,301

Interior Spaces

  • 3,356 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Additional Features

  • 7,301 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5056-001-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,489

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3356
  • Probate: No
  • Stories: 1
  • Year Built: 1911
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 217.52

Exterior Features

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

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Expense: 2200.00

Fee Information

  • Insurance Expense: 2500.00

Lot Info

  • Assessed Improvement Value: 216700
  • Assessed Land Value: 433300
  • Assessor Parcel Number: 5056-001-006
  • Geocode Override: No
  • Lot Size Area: 7301

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.45
  • Number Of Units: 5
  • Rent Control: 100
  • Total Annual Expense: 13436
  • Type Of Units: 5unit
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 8736.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Kim Sang Yoon and Jin Sook
Bought by
Sang Yoon Kim Living Trust
Current Estimated Value
$1,479,452

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 12, 2015
Sold by
Yoo Min Chul
Bought by
Kim Sang Yoon and Kim Jin Sook
Seller's Agent
Daniel Lee
Bee Investment, Inc.
Buyer's Agent
Jenny Kang
Bee Investment, Inc.
List Price
$849,000
Sold Price
$755,000
Premium/Discount to List
-$94,000
-11.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Nov 5, 2007
Sold by
Oh Eun Joo
Bought by
Yoo Min C

Purchase Details

Closed on
May 22, 2007
Sold by
Yoo Min Chul
Bought by
Oh Eun Joo

Purchase Details

Closed on
Jun 30, 2005
Sold by
Yoo Min Chul
Bought by
Yoo Min Chul and Oh Eun Joo

Purchase Details

Closed on
Mar 11, 2005
Sold by
Kim Chul Soo
Bought by
Yoo Min Chul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
Lee Kye Won and Lee Young Ok
Bought by
Kim Chul Soo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2003
Sold by
Gupta Kulbushan and Gupta Rupa K
Bought by
Lee Kye Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2002
Sold by
Jaramillo Jose F and Jaramillo Gloria Ann
Bought by
Gupta Kulbushan and Gupta Rupa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.57%
Mortgage Type
Commercial
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
Sang Yoon Kim Living Trust -- None Listed On Document
Kim Sang Yoon $755,000 Ticor Title Co
Yoo Min C -- None Available
Yoo Min Chul -- None Available
Oh Eun Joo -- Investors Title Company
Yoo Min Chul -- --
Yoo Min Chul $840,000 Chicago Title Co
Kim Chul Soo $545,000 First American Title Co Los
Lee Kye Won -- First American Title Co
Gupta Kulbushan $254,545 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yoo Min Chul $650,000
Previous Owner Kim Chul Soo $490,500
Previous Owner Lee Kye Won $264,000
Previous Owner Gupta Kulbushan $191,250
Closed Yoo Min Chul $106,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2015 08/26/15 Sold $755,000 -11.1% $225 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $849,000 -- $253 / Sq Ft
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 $11,489 $893,760 $627,409 $266,351
2024 $11,489 $876,236 $615,107 $261,129
2023 $11,284 $859,056 $603,047 $256,009
2022 $10,793 $842,213 $591,223 $250,990
2021 $10,653 $825,700 $579,631 $246,069
2020 $10,753 $817,434 $573,688 $243,746
2019 $10,354 $801,411 $562,440 $238,971
2018 $10,202 $785,702 $551,412 $234,290
2016 $9,709 $755,000 $530,000 $225,000
2015 $9,949 $775,000 $461,300 $313,700
2014 $8,672 $650,000 $433,300 $216,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-912141

The MLS

APN: 5056-001-006