Seller's Agent in 2023
Lloyd Yang
West Shores Realty, Inc.
(310) 308-3635
1 in this area
18 Total Sales
1418 Constance St Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated Value: $954,986
8
Beds
3
Baths
3,084
Sq Ft
$310/Sq Ft
Est. Value
Highlights
- Gated Parking
- Wall Furnace
- 4-minute walk to Alvarado Terrace Park
About This Home
As of August 2023Great investment opportunity near Downtown Los Angeles! With the lowered purchase price the CAP rate is now at over 6%! 2 units with 5 guest rooms permitted by the city. A total of 8 rooms, 2 kitchens and 3 bathrooms. Huge back parking area big enough to build a 1,200 sqft ADU. Don't miss out on this great upside investment!
Last Agent to Sell the Property
West Shores Realty, Inc. License #01975976 Listed on: 04/18/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,549
Year Built
- Built in 1900
Lot Details
- 7,302 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 11 Open Parking Spaces
- 11 Car Garage
- Parking Available
- Gated Parking
- Parking Lot
- Assigned Parking
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 3,084 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 4 / L
- Assessor Parcel Number 5135018020
- $553 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $8,000
- Fuel Expense $1,200
- Insurance Expense $1,500
- Other Expense $720
- Trash Expense $800
- Water Sewer Expense $4,500
- New Taxes Expense $13,125
- Operating Expense $29,845
- Gross Income $150
- Net Operating Income $65,325
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2023
Closed on
Jul 25, 2023
Sold by
Koa Property Llc
Bought by
Pnnp 423 Llc
Seller's Agent
Lloyd Yang
West Shores Realty, Inc.
Buyer's Agent
Yun Kwag
New Star Realty
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,014
Avg. Annual Appreciation
-2.20%
Purchase Details
Closed on
Aug 15, 2022
Sold by
Sy Beacon Llc
Bought by
Koa Property Llc
Purchase Details
Closed on
Aug 30, 2021
Sold by
Sy Beacon Llc
Bought by
Sy Beacon Llc
Purchase Details
Closed on
Jan 23, 2019
Sold by
Lee Katherin
Bought by
Sy Beacon Llc
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
4.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 18, 2018
Sold by
Song Phillip J
Bought by
Lee Katherin
Purchase Details
Closed on
Jan 3, 2018
Sold by
Yang Lloyd
Bought by
Song Phillip J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jul 28, 2017
Sold by
Lpigllc
Bought by
Yang Lloyd and Song Phillip J
Seller's Agent
Anna Kim
High Equity Real Estate Service, Inc.
Buyer's Agent
Lloyd Yang
West Shores Realty, Inc.
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jun 29, 2017
Sold by
Lee Sang C
Bought by
Lpig Llc
Seller's Agent
Anna Kim
High Equity Real Estate Service, Inc.
Buyer's Agent
Lloyd Yang
West Shores Realty, Inc.
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 20, 2015
Closed on
Sep 1, 2015
Sold by
Lee Jee Ae
Bought by
Lee Sang C and Lee Chong Hee
Seller's Agent
Boris Torres
Adrian Sillas, Broker
Buyer's Agent
Boris Torres
Adrian Sillas, Broker
List Price
$587,000
Sold Price
$490,000
Premium/Discount to List
-$97,000
-16.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.05%
Purchase Details
Closed on
Oct 4, 2013
Sold by
Homerding Suzy Lee
Bought by
Lee Kyung Jong and Lee Jee Ae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 24, 2010
Sold by
Homerding Erik
Bought by
Lee Homerding Suzy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 2010
Sold by
Mchugh Frank
Bought by
Lee Homerding Suzy and Kang Jin A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 19, 2007
Sold by
Mchugh Frank
Bought by
Mchugh Frank and Christine Odonovan Trust A
Purchase Details
Closed on
Jun 22, 1995
Sold by
First Charter Bank
Bought by
Stephen Selinger Pension Fund
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 |
|---|---|---|---|
| Pnnp 423 Llc | $1,000,000 | Ticor Title Company | |
| Koa Property Llc | -- | None Listed On Document | |
| Sy Beacon Llc | -- | Pacific Coast Title Company | |
| Sy Beacon Llc | -- | None Available | |
| Lee Katherin | -- | None Available | |
| Song Phillip J | -- | Ticor Title | |
| Yang Lloyd | -- | None Available | |
| Lpig Llc | $730,000 | Stewart Title Of California | |
| Lee Sang C | $490,000 | Nations Title Company Of Ca | |
| Lee Jee Ae | -- | Nations Title Company Of Ca | |
| Lee Kyung Jong | $429,000 | Orange Coast Title | |
| Lee Homerding Suzy | -- | First American Title Company | |
| Lee Homerding Suzy | $270,002 | Fatcola | |
| Mchugh Frank | -- | Provident Title Company | |
| Stephen Selinger Pension Fund | $140,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pnnp 423 Llc | $300,000 | |
| Previous Owner | Koa Property Llc | $750,000 | |
| Previous Owner | Sy Beacon Llc | $250,000 | |
| Previous Owner | Sy Beacon Llc | $300,000 | |
| Previous Owner | Sy Beacon Llc | $200,000 | |
| Previous Owner | Sy Beacon Llc | $350,000 | |
| Previous Owner | Lee Katherin | $250,000 | |
| Previous Owner | Song Phillip J | $450,000 | |
| Previous Owner | Lpig Llc | $500,000 | |
| Previous Owner | Lee Kyung Jong | $238,000 | |
| Previous Owner | Lee Homerding Suzy | $238,000 | |
| Previous Owner | Lee Homerding Suzy | $238,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2023 08/08/23 | Sold | $1,000,000 | -4.8% | $324 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/05/2023 06/05/23 | Price Changed | $1,050,000 | -4.5% | $340 / Sq Ft |
| 04/18/2023 04/18/23 | For Sale | $1,100,000 | +50.7% | $357 / Sq Ft |
| 07/14/2017 07/14/17 | Sold | $730,000 | -2.5% | $237 / Sq Ft |
| 04/05/2017 04/05/17 | For Sale | $749,000 | +52.9% | $243 / Sq Ft |
| 09/09/2015 09/09/15 | Sold | $490,000 | -13.6% | $159 / Sq Ft |
| 08/19/2015 08/19/15 | Pending | -- | -- | -- |
| 07/23/2015 07/23/15 | Price Changed | $567,000 | -3.4% | $184 / Sq Ft |
| 04/20/2015 04/20/15 | For Sale | $587,000 | +36.8% | $190 / Sq Ft |
| 12/16/2013 12/16/13 | Sold | $429,000 | 0.0% | $139 / Sq Ft |
| 12/06/2013 12/06/13 | Pending | -- | -- | -- |
| 12/01/2013 12/01/13 | For Sale | $429,000 | -- | $139 / 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 | $12,549 | $1,020,000 | $714,000 | $306,000 |
| 2024 | $12,549 | $1,000,000 | $700,000 | $300,000 |
| 2023 | $14,144 | $1,132,910 | $938,560 | $194,350 |
| 2022 | $14,876 | $1,228,826 | $977,595 | $251,231 |
| 2021 | $14,685 | $1,204,732 | $958,427 | $246,305 |
| 2020 | $14,833 | $1,192,380 | $948,600 | $243,780 |
| 2019 | $9,267 | $744,600 | $693,600 | $51,000 |
| 2018 | $9,100 | $730,000 | $680,000 | $50,000 |
| 2016 | $6,163 | $490,000 | $350,000 | $140,000 |
| 2015 | $5,538 | $437,571 | $340,673 | $96,898 |
| 2014 | $5,569 | $429,000 | $334,000 | $95,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lloyd Yang
-
Yun Kwag
Y
Buyer's Agent in 2023
Yun Kwag
New Star Realty
(213) 700-3239
1 in this area
22 Total Sales
-
Anna Kim
Seller's Agent in 2017
Anna Kim
High Equity Real Estate Service, Inc.
(213) 216-4315
1 in this area
21 Total Sales
-
B
Seller's Agent in 2015
Boris Torres
Adrian Sillas, Broker
-
William Kim
Seller's Agent in 2013
William Kim
RE/MAX
(714) 469-4989
16 Total Sales
-
Y
Buyer's Agent in 2013
Young Choi
Bee Investment, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23036947
APN: 5135-018-020
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.
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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