Seller's Agent in 2018
Vidal Henriquez Jr
Century 21 A Better Service
(323) 456-6267
7 Total Sales
1340 S Union Ave Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated Value: $1,028,016 - $1,791,000
8
Beds
4
Baths
3,944
Sq Ft
$359/Sq Ft
Est. Value
Highlights
- Panoramic View
- No HOA
- Electric Fence
- Property is near public transit
- Laundry Room
- Level Lot
About This Home
As of October 2018From the heart of Los Angeles, in the highly populated Pico-Union neighborhood, this income-producing real estate allows for local access to Downtown LA, University of Southern California (USC), and all major center points of Los Angeles. With just 2 minutes away from the Los Angeles Convention Center and STAPLES center, this property serves as an inspiration for investors.
Centrally situated, this 4-unit property is surrounded by Koreatown, Westlake, Downtown, University Park, and Exposition Park. This is your opportunity to invest in a historic center of Los Angeles.
Last Agent to Sell the Property
Century 21 A Better Service License #01860774 Listed on: 07/25/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,721
Year Built
- Built in 1965
Lot Details
- 5,320 Sq Ft Lot
- No Common Walls
- Electric Fence
- Fence is in fair condition
- Level Lot
- Front Yard
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Property Views
- Panoramic
- City Lights
- Neighborhood
Interior Spaces
- 3,944 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Exterior Lighting
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Legal Lot and Block 9 / M
- Assessor Parcel Number 5135022007
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Maintenance Expense $2,000
- Trash Expense $1,950
- Water Sewer Expense $1,950
- New Taxes Expense $8,100
- Operating Expense $15,200
- Gross Income $76,692
- Net Operating Income $59,192
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2018
Sold by
Flores Sanchez Leticia
Bought by
Choi Sooho and Han Soo Hwa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.6%
Purchase Details
Closed on
Feb 16, 1999
Sold by
Nevarez Jose A
Bought by
Sanchez Leticia Flores and Gallardo Manuel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,286
Interest Rate
6.78%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Choi Sooho | $1,150,000 | Fidelity National Title Comp | |
| Sanchez Leticia Flores | $258,000 | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Choi Sooho | $704,300 | |
| Previous Owner | Choi Sooho | $720,000 | |
| Previous Owner | Sanchez Leticia Flores | $630,000 | |
| Previous Owner | Sanchez Leticia Flores | $259,332 | |
| Previous Owner | Sanchez Leticia Flores | $256,286 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/24/2018 10/24/18 | Sold | $1,150,000 | -4.2% | $292 / Sq Ft |
| 08/17/2018 08/17/18 | Pending | -- | -- | -- |
| 07/25/2018 07/25/18 | For Sale | $1,200,000 | -- | $304 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,721 | $1,282,841 | $1,003,965 | $278,876 |
| 2024 | $15,721 | $1,257,688 | $984,280 | $273,408 |
| 2023 | $15,425 | $1,233,029 | $964,981 | $268,048 |
| 2022 | $14,722 | $1,208,853 | $946,060 | $262,793 |
| 2021 | $14,528 | $1,185,151 | $927,510 | $257,641 |
| 2019 | $14,100 | $1,150,000 | $900,000 | $250,000 |
| 2018 | $8,276 | $659,106 | $416,811 | $242,295 |
| 2016 | $7,885 | $633,515 | $400,627 | $232,888 |
| 2015 | $7,773 | $624,000 | $394,610 | $229,390 |
| 2014 | $7,820 | $611,778 | $386,881 | $224,897 |
Source: Public Records
Agents Affiliated with this Home
-
Vidal Henriquez Jr
-
NoEmail NoEmail
N
Buyer's Agent in 2018
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,849 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18179020
APN: 5135-022-007
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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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