NOT LISTED FOR SALE

1400 2nd Ave Unit 4 Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,413,000 - $1,948,000

8 Beds
4 Baths
4,888 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 10, 2014

Last sale price $945,000 $193 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $11,317/month

27 Days on Market

About This Home

As of December 2014

This home is located at 1400 2nd Ave Unit 4, Los Angeles, CA 90019 since 30 September 2014 and is currently estimated at $1,794,904, approximately $367 per square foot. This property was built in 1924. 1400 2nd Ave Unit 4 is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

Last Agent to Sell the Property

Raffi Krikorian

Investment Real Estate Associates License #00947051 Listed on: 09/30/2014

Last Buyer's Agent

Myung Shin

Max Mega Group License #01857653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,113

Year Built

  • Built in 1924

Lot Details

  • 7,501 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 4,888 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5072-037-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,113

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4888
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 184.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 214200
  • Assessed Land Value: 408000
  • Assessor Parcel Number: 5072-037-010
  • Geocode Override: No
  • Lot Size Area: 7501

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.93
  • Number Of Units: 4
  • Total Annual Expense: 25616
  • Type Of Units: Legal
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2017
Sold by
Lee Byung San
Bought by
Cook Ki Whan
Current Estimated Value
$1,791,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2014
Closed on
Nov 18, 2014
Sold by
Finkelman Jay M
Bought by
Lee Byung San and Lee Keumjoo
Seller's Agent
Raffi Krikorian
Investment Real Estate Associates
Buyer's Agent
Myung Shin
Max Mega Group
List Price
$900,000
Sold Price
$945,000
Premium/Discount to List
$45,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$500,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2011
Sold by
Kokuga Schroder Arlene
Bought by
Finkelman Dr Jay M and Hwang Finkelman Maria

Purchase Details

Closed on
Jan 25, 2000
Sold by
Kaminaka Ichiro
Bought by
Kaminaka Ichiro and Ichiro Kaminaka Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Cook Ki Whan $1,275,000 Fidelity Sherman Oaks
Lee Byung San -- Fidelity National Title Co
Finkelman Dr Jay M $610,006 Fidelity National Title Co
Kaminaka Ichiro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Ki Whan $683,500
Closed Cook Ki Whan $705,000
Previous Owner Lee Byung San $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2014 12/10/14 Sold $945,000 +5.0% $193 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $900,000 -- $184 / 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 $18,113 $1,479,741 $887,845 $591,896
2024 $18,113 $1,450,728 $870,437 $580,291
2023 $17,771 $1,422,283 $853,370 $568,913
2022 $16,959 $1,394,396 $836,638 $557,758
2021 $16,733 $1,367,056 $820,234 $546,822
2019 $16,239 $1,326,510 $795,906 $530,604
2018 $16,076 $1,300,500 $780,300 $520,200
2016 $11,883 $959,411 $710,675 $248,736
2015 $11,713 $945,000 $700,000 $245,000
2014 $8,099 $625,024 $409,852 $215,172
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Raffi Krikorian

    Investment Real Estate Associates

  • M

    Buyer's Agent in 2014

    Myung Shin

    RE/MAX

    7 Total Sales

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Map

Source: The MLS

MLS Number: 14-798087

The MLS

APN: 5072-037-010

California Los Angeles County Los Angeles 90019 Arlington Heights

1400 2nd Ave Unit 4, Los Angeles, CA

This home is located at 1400 2nd Ave Unit 4, Los Angeles, CA 90019 since 30 September 2014 and is currently estimated at $1,794,904, approximately $367 per square foot. This property was built in 1924. 1400 2nd Ave Unit 4 is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

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