NOT LISTED FOR SALE

1355 W 23rd St Los Angeles, CA 90007

University Park Neighborhood

Estimated Value: $1,241,000 - $1,616,000

7 Beds
4 Baths
2,500 Sq Ft
$552/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $712,500 $285 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,349/month

19 Days on Market

About This Home

As of November 2014

GREAT INVESTMENT OPPORTUNITY. LOCATED WITHIN 1 MILE OF THE USC CAMPUS. FEATURES 4 UNITS, EACH WITH 2 BEDROOMS & 1 BATH.

Last Agent to Sell the Property

ARMANDO CASTILLO

RE/MAX TOP PRODUCERS License #01709374 Listed on: 10/09/2014

Last Buyer's Agent

WILLIAM ZHANG

Re/Max Omega Arcadia License #01883712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,579

Year Built

  • Built in 1965

Lot Details

  • 5,879 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,500 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 22171
  • Assessor Parcel Number 5055018009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,600
  • Water Sewer Expense $400
  • New Taxes Expense $1,165
  • Gross Income $5,250
  • Net Operating Income $4,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,579

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 909-957-8611
  • Other Phone Number: 909-957-8611
  • Property Attached: Yes
  • Water Sewer Expenses: 400.00
  • Property Type: Residential Income
  • Parcel Number: 5055018009
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 285.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5879.00
  • Lot Size Acres: 0.1350

Multi Family

  • Gross Income: 5250.00
  • Gross Scheduled Income: 5250.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 5879.0000 Square Feet
  • Net Operating Income: 4550.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 700.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 1165.00
  • Tax Lot: 9
  • Tax Tract Number: 22171
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Yang Mengta and Huang Ching Ting
Bought by
Yang Mengta and Huang Ching Ting
Current Estimated Value
$1,381,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Outstanding Balance
$723,612
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$608,478

Purchase Details

Listed on
Oct 9, 2014
Closed on
Nov 5, 2014
Sold by
Tapia Alejandro and Tapia Maria Teresa
Bought by
Yang Meng Ta and Huang Ching Thing
Seller's Agent
ARMANDO CASTILLO
RE/MAX TOP PRODUCERS
Buyer's Agent
WILLIAM ZHANG
Re/Max Omega Arcadia
List Price
$699,000
Sold Price
$712,500
Premium/Discount to List
$13,500
1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$560,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Yang Mengta -- Pacific Coast Title
Yang Meng Ta $712,500 Wfg Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Mengta $798,000
Closed Yang Meng Ta $619,500
Closed Yang Meng Ta $623,000
Closed Yang Meng Ta $560,000
Previous Owner Tapia Alejandro $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2014 11/17/14 Sold $712,500 +1.9% $285 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $699,000 -- $280 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,579 $856,310 $615,943 $240,367
2024 $10,579 $839,520 $603,866 $235,654
2023 $10,383 $823,060 $592,026 $231,034
2022 $9,914 $806,922 $580,418 $226,504
2021 $9,785 $791,101 $569,038 $222,063
2020 $9,881 $782,991 $563,204 $219,787
2019 $9,499 $767,639 $552,161 $215,478
2018 $9,276 $752,588 $541,335 $211,253
2016 $8,859 $723,365 $520,315 $203,050
2015 $8,731 $712,500 $512,500 $200,000
2014 $1,157 $65,951 $19,975 $45,976
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    ARMANDO CASTILLO

    RE/MAX

  • W

    Buyer's Agent in 2014

    WILLIAM ZHANG

    RE/MAX

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14199003

California Regional Multiple Listing Service (CRMLS)

APN: 5055-018-009

California Los Angeles County Los Angeles 90007 University Park

1355 W 23rd St, Los Angeles, CA

This home is located at 1355 W 23rd St, Los Angeles, CA 90007 since 09 October 2014 and is currently estimated at $1,381,171, approximately $552 per square foot. This property was built in 1965. 1355 W 23rd 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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