Seller's Agent in 2017
Christy Setaro
Rodeo Realty
(818) 231-9808
16 Total Sales
138 S Edgemont St Los Angeles, CA 90004
Koreatown NeighborhoodEstimated Value: $1,285,000 - $2,128,000
8
Beds
4
Baths
4,042
Sq Ft
$433/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Traditional Architecture
- No HOA
- Living Room with Fireplace
- Wood Flooring
- Laundry Room
About This Home
As of December 2017Four large units- each 1.000 sq. feet in desirable Korea Town location. Each unit has it's own parking space in garage. Some units feature hardwood floors and very spacious bedrooms. Kitchens have tiled counters and eating area. Competitive cap rate for LA county. Very convenient location. Don't miss this fantastic opportunity!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,614
Year Built
- Built in 1947
Lot Details
- 5,796 Sq Ft Lot
- Two or More Common Walls
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Quadruplex
Interior Spaces
- 4,042 Sq Ft Home
- Living Room with Fireplace
- Range Hood
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Location
- Property is near public transit
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 34
- Tax Tract Number 4193
- Assessor Parcel Number 5518015008
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $653
- Insurance Expense $3,127
- Trash Expense $289
- Water Sewer Expense $4,697
- Operating Expense $13,104
- Gross Income $55,128
- Net Operating Income $40,260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2023
Sold by
First American Title Insurance Company
Bought by
Angel Oak Mortgage Trust and Cummings
Current Estimated Value
Purchase Details
Closed on
Feb 12, 2020
Sold by
Cummings Charles E and Cummings Charles E
Bought by
Cummings Charles E and Lee Joseph Jung
Purchase Details
Closed on
Jan 16, 2019
Sold by
Cummings Charles E
Bought by
Cummings Charles E and Lee Joseph
Purchase Details
Closed on
Oct 23, 2018
Sold by
Patel Nityapriya H
Bought by
Cummings Charles E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 2017
Sold by
Yescar Amador
Bought by
Patel Nityapriya H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2017
Sold by
Yescas Amador H
Bought by
Yescas Amador and Amador Yescas Trust
Purchase Details
Closed on
Feb 3, 2007
Sold by
Yescas Amador H
Bought by
Amador Yescas Trust
Purchase Details
Closed on
May 17, 2002
Sold by
Hernandez Norma
Bought by
Yescas Amador H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,250
Interest Rate
5.78%
Purchase Details
Closed on
Jul 3, 1995
Sold by
Purcell John J
Bought by
Hernandez Norma and Yescas Amador H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.61%
Purchase Details
Closed on
Nov 8, 1993
Sold by
Pastel Paul H
Bought by
Purcell John J and Hebein Fred
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,250
Interest Rate
6.88%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Angel Oak Mortgage Trust | $1,327,500 | First American Title Insurance | |
| Cummings Charles E | -- | Pacific Coast Title Company | |
| Cummings Charles E | -- | Accommodation | |
| Cummings Charles E | $1,260,000 | North American Title Company | |
| Patel Nityapriya H | $1,050,000 | Equity Title Company | |
| Yescas Amador | -- | Equity Title Company | |
| Amador Yescas Trust | -- | None Available | |
| Yescas Amador H | $122,000 | First American Title Ins | |
| Hernandez Norma | $200,000 | Investors Title Company | |
| Purcell John J | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cummings Charles E | $570,000 | |
| Previous Owner | Patel Nityapriya H | $775,000 | |
| Previous Owner | Yescas Amador H | $241,250 | |
| Previous Owner | Hernandez Norma | $160,000 | |
| Previous Owner | Purcell John J | $26,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2017 12/06/17 | Sold | $1,050,000 | -4.1% | $260 / Sq Ft |
| 10/14/2017 10/14/17 | Pending | -- | -- | -- |
| 08/31/2017 08/31/17 | For Sale | $1,095,000 | 0.0% | $271 / Sq Ft |
| 06/10/2017 06/10/17 | Pending | -- | -- | -- |
| 05/11/2017 05/11/17 | For Sale | $1,095,000 | 0.0% | $271 / Sq Ft |
| 05/09/2017 05/09/17 | Pending | -- | -- | -- |
| 05/03/2017 05/03/17 | For Sale | $1,095,000 | -- | $271 / 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 | $18,614 | $1,530,000 | $1,020,000 | $510,000 |
| 2024 | $18,614 | $1,500,000 | $1,000,000 | $500,000 |
| 2023 | $18,584 | $1,497,605 | $1,075,215 | $422,390 |
| 2022 | $17,731 | $1,468,241 | $1,054,133 | $414,108 |
| 2021 | $17,501 | $1,439,453 | $1,033,464 | $405,989 |
| 2019 | $15,377 | $1,260,000 | $935,000 | $325,000 |
| 2018 | $13,009 | $1,050,000 | $735,000 | $315,000 |
| 2017 | $5,657 | $436,386 | $323,164 | $113,222 |
| 2016 | $5,489 | $427,830 | $316,828 | $111,002 |
| 2015 | $5,414 | $421,404 | $312,069 | $109,335 |
| 2014 | $5,458 | $413,150 | $305,956 | $107,194 |
Source: Public Records
Agents Affiliated with this Home
-
Christy Setaro
-
Joseph Lee
J
Buyer's Agent in 2017
Joseph Lee
PBWY GROUP
(213) 804-8343
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17095845
APN: 5518-015-008
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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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