NOT LISTED FOR SALE

Estimated Value: $1,946,000 - $3,058,000

8 Beds
8 Baths
7,544 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $2,125,000 $282 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,745/month

6 Days on Market

About This Home

As of April 2021

Wonderful 4 unit multi-family home or income property located in the city of Los Angeles. This 4 unit features 8 bedrooms and 4 bathrooms. Property features 7,544 sq ft of living space and boasting 10,803 lot size.This property also presents a long driveway followed by enormous parking space.Close distance to University of Southern California and Downtown Los Angeles. Easy access to familiar interstate freeways. Neighboring familiar restaurants and shops, along with other entertainments nearby. Come and check out this amazing property before it's too late! 3D: https://my.matterport.com/show/?m=EqQvcXBPAuM

Last Agent to Sell the Property

Kay Park

Dream Realty & Investments Inc License #01268123 Listed on: 03/11/2021

Dream Realty & Investments Inc

Co-Listed By

Ian Bhak

Hole in One Realty License #01874328

Last Buyer's Agent

Outside Agent

License #000000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,118

Year Built

  • Built in 1922

Lot Details

  • 10,803 Sq Ft Lot

Interior Spaces

  • 7,544 Sq Ft Home
  • 1-Story Property
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5073-002-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,118

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7544
  • Lot Acreage: 0.2480
  • Stories: 1
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal, Dishwasher
  • Price Per S Q F T: 299.44

Exterior Features

  • Other Structures: None
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Assigned

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 42.00
  • Assessed Improvement Value: 557045
  • Assessed Land Percent: 58
  • Assessed Land Value: 769253
  • Total Assessed Value: 1326298
  • Assessor Parcel Number: 5073-002-004
  • Lot Size Area: 10803

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: 4

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2015
Sold by
Jeon Candice M
Bought by
Jeon Candice M and The Candice M Jeon Survivors Trust
Current Estimated Value
$2,369,493

Purchase Details

Closed on
May 1, 2013
Sold by
Jeon Candice M
Bought by
Jeon Candice M and The Candice M Jeon Survivors Trust

Purchase Details

Closed on
Dec 27, 2012
Sold by
Lee Dong Wong and Lee Dong Won
Bought by
Jeon Candice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2005
Sold by
Lee Bong Sik
Bought by
Lee Dong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Drew Everett Reginald
Bought by
Lee Dong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
5.37%
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
Jeon Candice M -- None Available
Jeon Candice M -- Accommodation
Jeon Candice M $1,250,000 Usa National Title Co
Lee Dong Won -- Chicago Title Co
Lee Dong Won $975,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeon Candice M $570,000
Previous Owner Lee Dong Won $633,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $2,125,000 -5.9% $282 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $2,259,000 -- $299 / 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 $28,118 $2,300,166 $1,542,465 $757,701
2024 $28,118 $2,255,066 $1,512,221 $742,845
2023 $27,584 $2,210,850 $1,482,570 $728,280
2022 $26,323 $2,167,500 $1,453,500 $714,000
2021 $17,712 $1,422,055 $824,793 $597,262
2020 $17,883 $1,407,474 $816,336 $591,138
2019 $17,196 $1,379,878 $800,330 $579,548
2018 $16,919 $1,352,823 $784,638 $568,185
2016 $16,123 $1,300,293 $754,170 $546,123
2015 $15,893 $1,280,762 $742,842 $537,920
2014 $15,963 $1,255,674 $728,291 $527,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-704246

The MLS

APN: 5073-002-004