NOT LISTED FOR SALE

1348 W 22nd St Los Angeles, CA 90007

University Park Neighborhood

Estimated Value: $689,000 - $1,015,000

4 Beds
2 Baths
1,597 Sq Ft
$562/Sq Ft Est. Value

Last Sold December 03, 2014

Last sale price $340,000 $213 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $5,310/month

116 Days on Market

About This Home

As of December 2014

Nice Duplex within USC DPS Response Area. Property consists of a 2 bedroom/1 bath SFR in front with large basement. A detached 2-car garage plus a separate 2 bedroom/1 bath house in back. Both houses are currently rented. Low operating expenses. Owners retiring and motivated to sell.

Last Agent to Sell the Property

Marco G Ventura

Leaf Realty License #01326655 Listed on: 07/19/2014

Last Buyer's Agent

Marco G Ventura

Leaf Realty License #01326655 Listed on: 07/19/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,170

Year Built

  • Built in 1922

Lot Details

  • 5,878 Sq Ft Lot
  • North Facing Home
  • Property is zoned LARD2

Parking

  • 2 Parking Spaces

Home Design

  • Plaster

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water, hot water
  • Assessor Parcel Number 5055-018-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,170

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1597
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 237.32

Exterior Features

  • Direction Faces: North
  • Construction: Plaster
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Fee Information

  • Insurance Expense: 1100.00
  • Maintenance Expense: 800.00

Lot Info

  • Assessed Improvement Value: 17349
  • Assessed Land Value: 23206
  • Assessor Parcel Number: 5055-018-021
  • Geocode Override: No
  • Lot Size Area: 5878

Rental Info

  • Monthly Gross Income: 2095.00
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water, Hot Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Total Annual Expense: 6938
  • Type Of Units: Duplex
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 4738.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
Lung Yi and Li Ning
Bought by
Lu Yi and Li Ning
Current Estimated Value
$897,088

Purchase Details

Listed on
Jul 19, 2014
Closed on
Nov 20, 2014
Sold by
Lee H Sam and Lee Hae Sook
Bought by
Lu Yi and Li Ning
Seller's Agent
Marco G Ventura
Leaf Realty
Buyer's Agent
Marco G Ventura
Leaf Realty
List Price
$549,000
Sold Price
$340,000
Premium/Discount to List
-$209,000
-38.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%

Purchase Details

Closed on
Jan 6, 2001
Sold by
Lee H Sam
Bought by
Lee H Sam and Lee Hae Sook
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
Lu Yi -- None Available
Lu Yi $340,000 Provident Title Company
Lee H Sam -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2014 12/03/14 Sold $340,000 -38.1% $213 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
07/19/2014 07/19/14 For Sale $549,000 -- $344 / 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 $5,170 $408,616 $324,492 $84,124
2024 $5,170 $400,605 $318,130 $82,475
2023 $5,078 $392,751 $311,893 $80,858
2022 $4,854 $385,051 $305,778 $79,273
2021 $4,788 $377,502 $299,783 $77,719
2020 $4,833 $373,633 $296,710 $76,923
2019 $4,651 $366,308 $290,893 $75,415
2018 $4,530 $359,127 $285,190 $73,937
2016 $4,325 $345,184 $274,117 $71,067
2015 $4,264 $340,000 $270,000 $70,000
2014 $726 $40,738 $23,311 $17,427
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marco G Ventura

    Leaf Realty

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Map

Source: The MLS

MLS Number: 14-779121

The MLS

APN: 5055-018-021

California Los Angeles County Los Angeles 90007 University Park

1348 W 22nd St, Los Angeles, CA

This home is located at 1348 W 22nd St, Los Angeles, CA 90007 since 19 July 2014 and is currently estimated at $897,088, approximately $561 per square foot. This property was built in 1922. 1348 W 22nd St is a home located in Los Angeles County with nearby schools including Norwood Street Elementary School, John Adams Middle School, and West Adams Preparatory High School.

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