NOT LISTED FOR SALE

Estimated Value: $1,329,000 - $1,900,099

5 Beds
3 Baths
2,294 Sq Ft
$646/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $1,155,000 $503 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,048/month

255 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 2 Car Garage
  • Bike Trail
  • Laundry Room

About This Home

As of June 2023

Location, Location, Location! Here is your chance to own a duplex in the heart of Mid-City Los Angeles. Both units are vacant! The Front Unit is 1,400 square feet and features 3 bedrooms & 2 bathrooms, beautiful hardwood floors, fresh paint, an upgraded kitchen, a large master bathroom, in-unit washer and dryer and more! The Back Unit is 900 square feet and features 2 bedrooms and 1 bathroom with lots of space, hardwood floors, great lighting and loads of potential! The entire property is gated with a beautiful succulent garden in the front yard. Each unit has it's own meters and cooling systems. To top it off, this duplex is conveniently located near lots of shopping, dining and minutes away from Beverly Hills. This is the perfect opportunity to live in one unit and rent the other - You truly do not want to miss this one!

Last Agent to Sell the Property

Bryiana Davis

Real Brokerage Technologies License #01997245 Listed on: 09/14/2022

Real Brokerage Technologies

Co-Listed By

Jewell Taylor

eXp Realty of Southern California, Inc. License #02084904

Last Buyer's Agent

Lindsey Iskierka

Real Brokerage Technologies License #01989065

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,563

Year Built

  • Built in 1955

Lot Details

  • 5,712 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage

Home Design

  • 2,294 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 343
  • Tax Tract Number 46
  • Assessor Parcel Number 5083023005
  • $407 per year additional tax assessments

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $2,372
  • Trash Expense $576
  • Water Sewer Expense $3,000
  • Operating Expense $7,148
  • Net Operating Income $72,352

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,563

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 574500
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5083023005
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 503.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 576.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5712.00
  • Lot Size Acres: 0.1311

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 79500.00
  • Insurance Expense: 2372.00
  • Lot Size Area: 5712.0000 Square Feet
  • Net Operating Income: 72352.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Operating Expense: 7148.00
  • Rent Control: Yes
  • Total Actual Rent: 29400.00
  • Total Expenses: 7148.00

Tax Info

  • Tax Census Tract: 2172.00
  • Tax Lot: 343
  • Tax Tract Number: 46
  • TaxOtherAnnualAssessmentAmount: 407.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Kim David M
Bought by
Kim Sarah
Current Estimated Value
$1,482,025

Purchase Details

Closed on
Jul 4, 2024
Sold by
Kim David M
Bought by
Kim Sarah

Purchase Details

Listed on
Sep 14, 2022
Closed on
Jun 14, 2023
Sold by
Simon Naia Allie
Bought by
Kim Doyoung and Joo Woojin
Seller's Agent
Bryiana Davis
Real Brokerage Technologies
Buyer's Agent
Lindsey Iskierka
Real Brokerage Technologies
List Price
$1,149,000
Sold Price
$1,155,000
Premium/Discount to List
$6,000
0.52%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$924,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2021
Sold by
Simon Mathew and Simon Naia Allie
Bought by
Simon Naia Allie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 20, 2018
Closed on
Nov 29, 2018
Sold by
Romero Rosemary
Bought by
Simon Mathew
Seller's Agent
Jimmy Bayan
Equity Smart Real Estate Services
Buyer's Agent
Jimmy Bayan
Equity Smart Real Estate Services
List Price
$1,099,000
Sold Price
$945,000
Premium/Discount to List
-$154,000
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$250,000
Interest Rate
4.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 18, 2013
Closed on
May 2, 2013
Sold by
Kim Ann Lee
Bought by
Romero Rosemary
Seller's Agent
Bong Sung
Mega Realty
Buyer's Agent
Jimmy Bayan
Equity Smart Real Estate Services
List Price
$589,000
Sold Price
$585,000
Premium/Discount to List
-$4,000
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$468,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2010
Sold by
Kim Ann Lee
Bought by
Kim Ann Lee and Kim Young Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Kim Young Min
Bought by
Kim Ann Lee

Purchase Details

Closed on
Jul 30, 2009
Sold by
Natural Spa Inc
Bought by
Natural Spa Inc

Purchase Details

Closed on
Feb 13, 2008
Sold by
Truley Gregory
Bought by
Top Development

Purchase Details

Closed on
Jul 21, 2004
Sold by
Dunamis Investment Inc
Bought by
Truley Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Credit Suisse First Boston Mortgage Capi
Bought by
Dlj Mortgage Capital Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2003
Sold by
Dlj Mortgage Capital Inc
Bought by
Dunamis Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Federal National Mortgage Association
Bought by
Credit Suisse First Boston Mortgage Capi

Purchase Details

Closed on
Jul 30, 2002
Sold by
Olympus Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 2002
Sold by
Allen Jeffrey Glenn
Bought by
Olympus Servicing Lp and Calmco Servicing Lp

Purchase Details

Closed on
Mar 16, 2001
Sold by
Ingram Trhosia
Bought by
Allen Jeffrey Glenn and Allen Latonya Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.97%

Purchase Details

Closed on
Nov 28, 2000
Sold by
Neuhaus Peter H
Bought by
Ingram Trhosia

Purchase Details

Closed on
Jan 12, 1999
Sold by
Trust Neuhaus, Peter H Tr Peter H Neuhaus
Bought by
Neuhaus Peter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.63%

Purchase Details

Closed on
Jan 4, 1999
Sold by
Neuhaus Peter H
Bought by
Neuhaus Peter H and Peter H Neuhaus Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.63%

Purchase Details

Closed on
Apr 14, 1994
Sold by
Imperial T D Service Co Inc
Bought by
Neuhaus Peter H
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
Kim Sarah -- --
Kim Sarah -- --
Kim Doyoung $1,155,000 Orange Coast Title Company
Simon Naia Allie -- Stewart Title Of California In
Simon Mathew $945,000 Lawyers Title
Romero Rosemary $585,000 Fidelity National Title Co
Kim Ann Lee -- First American Title Co La
Kim Ann Lee -- Accommodation
Kim Ann Lee -- Accommodation
Natural Spa Inc -- Accommodation
Top Development $456,754 None Available
Truley Gregory -- Fidelity National Title
Truley Gregory -- Fidelity National Title
Dlj Mortgage Capital Inc -- First American Title Co
Dunamis Investment Inc $359,000 First American Title Co
Credit Suisse First Boston Mortgage Capi -- First American Title Co
Federal National Mortgage Association -- Fidelity National Title
Olympus Servicing Lp $304,042 Fidelity National Title
Allen Jeffrey Glenn $300,000 Continental Land Title
Ingram Trhosia $215,000 Continental Land Title
Neuhaus Peter H -- Fidelity National Title
Neuhaus Peter H -- Fidelity National Title
Neuhaus Peter H $73,445 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Doyoung $924,000
Previous Owner Simon Naia Allie $250,000
Previous Owner Simon Mathew $250,000
Previous Owner Romero Rosemary $468,000
Previous Owner Kim Ann Lee $360,000
Previous Owner Truley Gregory $410,000
Previous Owner Dunamis Investment Inc $352,000
Previous Owner Allen Jeffrey Glenn $270,000
Previous Owner Neuhaus Peter H $136,500
Closed Allen Jeffrey Glenn $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $1,155,000 +0.5% $503 / Sq Ft
06/02/2023 06/02/23 For Sale $1,149,000 -0.5% $501 / Sq Ft
06/01/2023 06/01/23 Off Market $1,155,000 -- --
05/27/2023 05/27/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $1,149,000 -0.5% $501 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/03/2023 04/03/23 Off Market $1,155,000 -- --
03/20/2023 03/20/23 For Sale $1,149,000 -0.5% $501 / Sq Ft
03/12/2023 03/12/23 Off Market $1,155,000 -- --
03/07/2023 03/07/23 For Sale $1,149,000 -0.5% $501 / Sq Ft
02/27/2023 02/27/23 Off Market $1,155,000 -- --
02/24/2023 02/24/23 Price Changed $1,149,000 -4.2% $501 / Sq Ft
02/18/2023 02/18/23 For Sale $1,199,999 +3.9% $523 / Sq Ft
01/18/2023 01/18/23 Off Market $1,155,000 -- --
10/20/2022 10/20/22 Price Changed $1,199,999 -4.0% $523 / Sq Ft
10/15/2022 10/15/22 For Sale $1,250,000 +4.1% $545 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $1,200,500 +27.0% $523 / Sq Ft
12/24/2018 12/24/18 Sold $945,000 -5.4% $412 / Sq Ft View Prior Sale
10/02/2018 10/02/18 Price Changed $999,000 -9.1% $435 / Sq Ft
09/20/2018 09/20/18 For Sale $1,099,000 +87.9% $479 / Sq Ft
05/22/2013 05/22/13 Sold $585,000 -0.7% $255 / Sq Ft View Prior Sale
04/11/2013 04/11/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $589,000 -- $257 / 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 $14,563 $1,201,662 $723,078 $478,584
2024 $14,563 $1,178,100 $708,900 $469,200
2023 $12,586 $1,013,228 $713,013 $300,215
2022 $12,009 $993,362 $699,033 $294,329
2021 $11,856 $973,885 $685,327 $288,558
2020 $11,976 $964,220 $678,300 $285,920
2019 $11,505 $945,320 $665,000 $280,320
2018 $7,761 $633,438 $551,951 $81,487
2016 $7,408 $608,535 $530,519 $78,016
2015 $7,300 $599,396 $522,551 $76,845
2014 $7,333 $587,655 $512,315 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22201567

California Regional Multiple Listing Service (CRMLS)

APN: 5083-023-005