$540,000
SOLD FEB 2, 2021
3 Beds
1 Bath
1,285 Sq Ft
2,942 Sq Ft Lot

Recently Sold

$420 Per Sq Ft

23% Below List Price

78 Days on Market

Highlights

  • Corner Lot
  • Balcony
  • No Heating
  • No HOA
  • Ceiling Fan
  • 4-minute walk to Richardson Family Park

About This Home

As of February 2021

INVESTORS OPPORTUNITY!!! CORNER LOT 3/2 TWO STORY HOME LOCATED NEAR USC!!! STRONG DEMAND FOR STUDENT HOUSING!
PROPERTY IS IN NEED FOR COSMESTIC REPAIRS AND UPGRADES...MUST SEE!!!

Last Agent to Sell the Property

Betty Galvan

Rodeo Realty License #01751305 Listed on: 10/25/2020

Rodeo Realty

Last Buyer's Agent

Betty Galvan

Rodeo Realty License #01751305 Listed on: 10/25/2020

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,208

Year Built

  • Built in 1903

Lot Details

  • 2,942 Sq Ft Lot
  • Corner Lot
  • Property is zoned LAR2

Interior Spaces

  • 1,285 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Balcony
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 21
  • Assessor Parcel Number 5040024001

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,208

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5040024001
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1285.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 420.23
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2942.00
  • Lot Size Acres: 0.0675

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2942.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2219.00
  • Tax Lot: A
  • Tax Tract Number: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2021
Sold by
Kim Nam Soo
Bought by
Big Hand Property Llc

Purchase Details

Listed on
Oct 25, 2020
Closed on
Jan 27, 2021
Sold by
Kim Sun Jin
Bought by
Kim Nam Soo
Seller's Agent
Betty Galvan
Rodeo Realty
Buyer's Agent
Betty Galvan
Rodeo Realty
List Price
$700,000
Sold Price
$540,000
Premium/Discount to List
-$160,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%

Purchase Details

Listed on
Oct 25, 2020
Closed on
Jan 20, 2021
Sold by
Rincon J R Olivar
Bought by
Kim Nam Soo
Seller's Agent
Betty Galvan
Rodeo Realty
Buyer's Agent
Betty Galvan
Rodeo Realty
List Price
$700,000
Sold Price
$540,000
Premium/Discount to List
-$160,000
-22.86%

Purchase Details

Closed on
Apr 1, 2019
Sold by
Olivares Diego
Bought by
Rincon J R Olivar

Purchase Details

Closed on
Jul 23, 2008
Sold by
Olivares Rodolfo and Hinojosa Rosa Maria
Bought by
Olivares Diego

Purchase Details

Closed on
Dec 20, 1996
Sold by
Baron Michael L and Baron Deanna Beth
Bought by
Olivares Rodolfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,334
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1996
Sold by
Federal National Mortgage Association
Bought by
Baron Michael L and Baron Deanna Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.41%

Purchase Details

Closed on
Feb 21, 1996
Sold by
Villasana Salazar Dagoberto and Villasana Salazar Elvia
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.41%
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 Type Sale Price Title Company
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $540,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $135,000 First American Title Co
Corporate Deed $75,000 Guardian Title Company
Trustee Deed $94,500 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $133,334 FHA
Previous Owner $55,000 No Value Available
Closed $20,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $980,000 +81.5% $763 / Sq Ft
02/02/2021 02/02/21 Sold $540,000 -10.0% $420 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/13/2020 12/13/20 Price Changed $599,999 -7.7% $467 / Sq Ft
10/31/2020 10/31/20 Price Changed $649,999 -7.1% $506 / Sq Ft
10/27/2020 10/27/20 For Sale $700,000 0.0% $545 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/25/2020 10/25/20 For Sale $700,000 -- $545 / 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 $13,208 $1,103,655 $848,966 $254,689
2024 $13,208 $1,082,016 $832,320 $249,696
2023 $12,954 $1,060,800 $816,000 $244,800
2022 $6,650 $550,800 $440,640 $110,160
2021 $2,736 $214,296 $149,753 $64,543
2020 $2,761 $212,100 $148,218 $63,882
2019 $2,657 $207,942 $145,312 $62,630
2018 $2,610 $203,865 $142,463 $61,402
2016 $2,488 $195,951 $136,932 $59,019
2015 $2,454 $193,009 $134,876 $58,133
2014 $2,471 $189,229 $132,234 $56,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20225421

California Regional Multiple Listing Service (CRMLS)

APN: 5040-024-001