NOT LISTED FOR SALE

Estimated Value: $1,283,000 - $1,508,000

6 Beds
4 Baths
2,880 Sq Ft
$474/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $915,000 $318 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $8,716/month

140 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Crown Molding
  • Wood Flooring
  • Fireplace
  • Laundry Room

About This Home

As of April 2018

Great Income Duplex, the rental market currently for a 3 bedroom is renting at over $3000 a month. This Location is Mid-city, adjacent Hancock park , near country club park! Minutes to downtown, Hollywood, Beverly Hills, Korea town. The Hollywood sign can be viewed as it is in the center to of the street. This duplex has 2 identical homes, single level, side by side. Featuring lots of space at 2880 livable sq-ft, tall ceilings, hardwood floors, 3 bedrooms & 1 1/2 baths. Each home has a bathroom with a tile finish, a bath-tub, & each has their own garage. The dining room is large & the center for gatherings with this open floor plan. The kitchen is perfect with everything a chef needs. Relax in your living room that is big enough to host a super-bowl event. The long hallways make it easy to find privacy & get around. You will be proud to own this duplex that is very well cared for. The front & backyard have a grass yard. The backyard includes a small vegetable garden & lemons trees. Enjoy private evening events, with the bright lights in the backyard. The privately gated concrete area, is big enough to have a basketball game, or park lots of cars. The lot is 7000 sq-ft, a 50' x 140'. This is a highly desirable location & increasing in value. You & your tenants will enjoy the great amenities, location and great schools. A new Charter school close by, "Clic City Language Immersion Charter for grades 1-5"

Last Agent to Sell the Property

Luis Gonzalez

Vista Sotheby’s International Realty License #01137141 Listed on: 10/17/2017

Last Buyer's Agent

Bryan Marks

Compass License #01957066

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,660

Year Built

  • Built in 1922

Lot Details

  • 7,000 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 11 / 48
  • Tax Tract Number 67
  • Assessor Parcel Number 5072026011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,660

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5072026011
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Open Floorplan
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 317.71

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7000.00

Multi Family

  • Gross Scheduled Income: 24000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 48
  • Tax Census Tract: 2181.20
  • Tax Lot: 11
  • Tax Tract Number: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Ali Nabilah Abdullah and 1400 4Th Avenue Trust
Bought by
Chen Henry Haipei and Ali Nabilah Abdulla
Total Days on Market
140
Current Estimated Value
$1,364,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Outstanding Balance
$845,183
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$504,273

Purchase Details

Closed on
Jun 4, 2021
Sold by
1400 4Th Avenue Trust
Bought by
Ali Nabilah Abdullah and 1400 4Th Avenue Trust

Purchase Details

Closed on
Oct 1, 2018
Sold by
Chan Henry Haipei and Ali Nabilah Abdulla
Bought by
Coons Clint and 1400 4Th Avenue Trust

Purchase Details

Listed on
Oct 17, 2017
Closed on
Mar 15, 2018
Sold by
Mclaughlin Kyle and Mclaughlin Chandra
Bought by
Chen Henry Haipie and Ali Nabilah Abdulla
Seller's Agent
Luis Gonzalez
Vista Sotheby’s International Realty
Buyer's Agent
Bryan Marks
Compass
List Price
$985,000
Sold Price
$915,000
Premium/Discount to List
-$70,000
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$777,658
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Mclaughlin Kyle and Mclaughlin Chandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,836
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2007
Sold by
Li Yingshu
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 4, 2006
Sold by
Lee Yu Jenny Sook Hee
Bought by
Li Yingshu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Yu Jae Il
Bought by
Lee Yu Jenny Sook Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Sim Tong S
Bought by
Lee Yu Jenny Sook Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2001
Sold by
Sim Gyeong S
Bought by
Sim Gyeong S and Sim Tong S

Purchase Details

Closed on
Jun 4, 2001
Sold by
Sim Tong S
Bought by
Sim Gyeong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,360
Interest Rate
7.14%

Purchase Details

Closed on
May 25, 2001
Sold by
Huh In Woong
Bought by
Sim Gyeong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,360
Interest Rate
7.14%

Purchase Details

Closed on
May 3, 1996
Sold by
Chang Jae Chun
Bought by
Huh In Woong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,491
Interest Rate
7.68%

Purchase Details

Closed on
Feb 29, 1996
Sold by
Federal National Mortgage Association
Bought by
Chang Jae Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.04%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 22, 1995
Sold by
Contreras Rufino T and Federal National Mortgage Asso
Bought by
Federal Natinal Mtg Assn
Source: Public Records

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Range of Values:

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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
Chen Henry Haipei -- Pacific Coast Title Company
Ali Nabilah Abdullah -- Pacific Coast Title Company
Coons Clint -- None Available
Chen Henry Haipie $915,000 Wfg National Title Company
Mclaughlin Kyle $550,000 None Available
Countrywide Home Loans Inc $711,000 Landsafe Title
Li Yingshu $900,000 Chicago Title Co
Lee Yu Jenny Sook Hee -- First American Title Co Los
Lee Yu Jenny Sook Hee $610,000 First American Title Co Los
Sim Gyeong S -- --
Sim Gyeong S -- First American Title Co
Sim Gyeong S $267,000 First American Title Co
Huh In Woong $158,500 Southland Title Corporation
Chang Jae Chun $125,000 Southland Title Corporation
Federal Natinal Mtg Assn $244,552 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Henry Haipei $915,000
Previous Owner Chen Henry Haipie $777,658
Previous Owner Mclaughlin Kyle $678,750
Previous Owner Mclaughlin Kyle $564,712
Previous Owner Mclaughlin Kyle $549,302
Previous Owner Mclaughlin Kyle $542,836
Previous Owner Li Yingshu $720,000
Previous Owner Lee Yu Jenny Sook Hee $61,100
Previous Owner Lee Yu Jenny Sook Hee $488,000
Previous Owner Sim Tong S $440,000
Previous Owner Sim Gyeong S $51,000
Previous Owner Sim Gyeong S $244,000
Previous Owner Sim Gyeong S $213,360
Previous Owner Huh In Woong $142,491
Previous Owner Chang Jae Chun $100,000
Closed Sim Gyeong S $26,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $915,000 -7.1% $318 / Sq Ft
04/24/2018 04/24/18 For Sale $985,000 0.0% $342 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $985,000 -1.5% $342 / Sq Ft
02/10/2018 02/10/18 For Sale $999,995 0.0% $347 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
11/11/2017 11/11/17 Price Changed $999,995 -2.4% $347 / Sq Ft
10/17/2017 10/17/17 For Sale $1,025,000 -- $356 / 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
2024 $12,660 $1,020,696 $780,861 $239,835
2023 $12,421 $1,000,683 $765,550 $235,133
2022 $11,853 $981,063 $750,540 $230,523
2021 $11,697 $961,827 $735,824 $226,003
2019 $11,350 $933,300 $714,000 $219,300
2018 $7,763 $622,467 $452,706 $169,761
2017 $1 $610,263 $443,830 $166,433
2016 $7,406 $598,298 $435,128 $163,170
2015 $7,300 $589,312 $428,592 $160,720
2014 $7,335 $577,769 $420,197 $157,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17238174

California Regional Multiple Listing Service (CRMLS)

APN: 5072-026-011