P
Seller's Agent in 2017
Paul Yoo
No Firm Affiliation
1322 4th Ave Los Angeles, CA 90019
Arlington Heights NeighborhoodEstimated Value: $1,418,000 - $1,908,000
8
Beds
4
Baths
3,872
Sq Ft
$419/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Garden Windows
- Wrought Iron Fence
- No HOA
- Laundry Room
- Wall Furnace
About This Home
As of February 2017Don’t miss this perfect opportunity to acquire a lucrative investment in the most desirable Koreatown location. This quiet residential location gives very nice neighborhood settings with easy access to I-10 free way and offices, shopping centers and ethnical restaurants. All 4 units have 2 Br & 1 Ba. 3 units are upgraded with hardwood floor and one unit kitchen recently remodeled with granite counter tops. 2 units have laundry hook ups. Each unit has it’s own Gas meter, Electricity meter and Water meter. Buyer to investigate all permits on the property.
Last Agent to Sell the Property
Paul Yoo
No Firm Affiliation License #01274972 Listed on: 08/05/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,602 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
Parking
- 7 Open Parking Spaces
- 1 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
- Stucco
Interior Spaces
- 3,872 Sq Ft Home
- Garden Windows
- Wood Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 7
- Tax Tract Number 21812
- Assessor Parcel Number 5072026007
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1,680
- Insurance Expense $600
- New Taxes Expense $12,000
- Operating Expense $14,280
- Gross Income $4,950
- Net Operating Income $69,720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2016
Closed on
Jan 23, 2017
Sold by
Choi Sunpok
Bought by
Sun Il Wha and Sun Tae Sung
Seller's Agent
Paul Yoo
No Firm Affiliation
List Price
$1,199,500
Sold Price
$1,000,000
Premium/Discount to List
-$199,500
-16.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$622,920
Avg. Annual Appreciation
5.44%
Original Mortgage
$700,000
Outstanding Balance
$576,864
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,046,056
Purchase Details
Closed on
Oct 2, 2002
Sold by
Hud
Bought by
Choi Sunpok
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,400
Interest Rate
7.25%
Purchase Details
Closed on
Aug 1, 2000
Sold by
First Nationwide Mtg Corp
Bought by
Hud
Purchase Details
Closed on
Mar 26, 1999
Sold by
Billones Edwin
Bought by
Montano Enrique and Valle Manuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,711
Interest Rate
6.91%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 3, 1997
Sold by
Billones Charity
Bought by
Billones Edwin
Purchase Details
Closed on
Sep 5, 1997
Sold by
C Bass Property Ii Llc
Bought by
Billones Edwin
Purchase Details
Closed on
Feb 13, 1997
Sold by
Baylor Barbara and C Bass Property Ii Llc
Bought by
C Bass Property Ii Llc
Purchase Details
Closed on
Sep 25, 1995
Sold by
Harkless Lonzena
Bought by
Baylor Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,794
Interest Rate
7.97%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sun Il Wha | $1,000,000 | Ticor Title Company | |
| Choi Sunpok | $383,500 | -- | |
| Hud | -- | -- | |
| First Nationwide Mtg Corp | $308,134 | -- | |
| Montano Enrique | $285,000 | Benefit Land Title | |
| Billones Edwin | -- | Old Republic Title Company | |
| Billones Edwin | $167,500 | Old Republic Title Company | |
| C Bass Property Ii Llc | $157,250 | American Title Ins Co | |
| Baylor Barbara | $243,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sun Il Wha | $700,000 | |
| Previous Owner | Choi Sunpok | $287,400 | |
| Previous Owner | Montano Enrique | $277,711 | |
| Previous Owner | Baylor Barbara | $233,794 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2017 02/27/17 | Sold | $1,000,000 | -16.6% | $258 / Sq Ft |
| 12/30/2016 12/30/16 | Pending | -- | -- | -- |
| 08/05/2016 08/05/16 | For Sale | $1,199,500 | -- | $310 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $14,261 | $1,160,580 | $812,407 | $348,173 |
| 2024 | $14,261 | $1,137,825 | $796,478 | $341,347 |
| 2023 | $13,994 | $1,115,515 | $780,861 | $334,654 |
| 2022 | $13,357 | $1,093,643 | $765,550 | $328,093 |
| 2021 | $13,179 | $1,072,200 | $750,540 | $321,660 |
| 2019 | $12,792 | $1,040,400 | $728,280 | $312,120 |
| 2018 | $12,640 | $1,020,000 | $714,000 | $306,000 |
| 2016 | $5,891 | $469,187 | $244,688 | $224,499 |
| 2015 | $5,808 | $462,140 | $241,013 | $221,127 |
| 2014 | $5,852 | $453,088 | $236,292 | $216,796 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16172151
APN: 5072-026-007
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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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