NOT LISTED FOR SALE

Estimated Value: $776,000 - $962,000

5 Beds
3 Baths
2,264 Sq Ft
$380/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $730,000 $322 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,541/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Bungalow
  • Front Yard
  • Laundry Room
  • Central Heating

About This Home

As of June 2021

2 ON A LOT *Live Smart...Rent 1 and Live in 1* Opportunity knocks in the heart of Los Angeles under $315.00 per square foot! Move in ready and just a short distance for it all. Front Unit is a California Bungalow with a functional floor plan consisting of 2 bedrooms 1.5 bathroom (s) featuring an independent kitchen with a neighboring dining room, an individual laundry room/service porch with an exit door to the rear side yard. Rear unit is an ADU that was built in 2018 consisting of 3 bedrooms and 1 bath AND already rented for $2,600-making this a perfect investment for a first time home Buyer or an Investor looking to capture instant cash flow-we welcome your 1031 exchange! Units are detached with individual green yards for summer time family gatherings. The kitchens were carefully designed with customized cabinetry and quartz counter tops, remodeled bathroom w/modern cabinetry and modern tile. This area is quiet, green lawns to your left & right. Commuters enjoy all mayor freeways & public transportation within close proximity including several popular new development projects. This is the ONE-do not miss out on purchasing a 2 unit property!

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 05/16/2021

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,640

Year Built

  • Built in 2018

Lot Details

  • 5,400 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Front Yard

Home Design

  • Bungalow

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 12 / 5
  • Tax Tract Number 2
  • Assessor Parcel Number 6011003012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,873
  • Operating Expense $11,373

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,640

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: Front Unit stove.
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR2
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6011003012
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 322.44
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Insurance Expense: 1000.00
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 11373.00

Tax Info

  • New Taxes Expense: 8873.00
  • Tax Block: 5
  • Tax Census Tract: 2393.20
  • Tax Lot: 12
  • Tax Tract Number: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
May 28, 2021
Sold by
Lee Kyeng-Eun
Bought by
Kim Ji Kwang
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Brian Jung
BJ Realty
List Price
$709,900
Sold Price
$730,000
Premium/Discount to List
$20,100
2.83%
Current Estimated Value
$865,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,375
Avg. Annual Appreciation
4.05%
Original Mortgage
$547,500
Outstanding Balance
$496,771
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$362,759

Purchase Details

Listed on
May 16, 2021
Closed on
May 25, 2021
Sold by
Fulton Jason
Bought by
Kim Ji Kwang
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Brian Jung
BJ Realty
List Price
$709,900
Sold Price
$730,000
Premium/Discount to List
$20,100
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Outstanding Balance
$496,771
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$362,759

Purchase Details

Closed on
Aug 20, 2019
Sold by
Jjp Llc
Bought by
Fulton Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,326
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
Aug 21, 2018
Closed on
Nov 2, 2018
Sold by
Fulton Jason
Bought by
Jjp Llc
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
List Price
$614,000
Sold Price
$614,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$614,027
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 12, 2018
Sold by
West Coast Private Investments Llc
Bought by
Fulton Jason
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
List Price
$614,000
Sold Price
$614,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,027
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Dec 12, 2017
Closed on
Apr 12, 2018
Sold by
Alvarado Jesus
Bought by
West Coast Private Investments Llc
Seller's Agent
Lee Gumms
Advantage Properties
Buyer's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
List Price
$389,000
Sold Price
$351,000
Premium/Discount to List
-$38,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
206.00%

Purchase Details

Closed on
May 30, 2012
Sold by
Alvarado Catarina and The Catarina Alvarado Trust
Bought by
Alvarado Catarina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Alvarado Catarina
Bought by
Alvarado Catarina and The Catarina Alvarado Trust

Purchase Details

Closed on
Mar 25, 2005
Sold by
Lustig Monika Patricia and Delgado Monica P
Bought by
Alvarado Catarina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Kim Ji Kwang -- Wfg National Title Insurance C
Kim Ji Kwang $730,000 Wfg National Title Insurance C
Fulton Jason -- Mortgage Connect Lp
Jjp Llc -- First American Title
Fulton Jason $614,000 First American Title Company
West Coast Private Investments Llc $351,000 First American Title Company
Alvarado Catarina -- Advantage Title Inc
Alvarado Catarina -- None Available
Alvarado Catarina -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Ji Kwang $547,500
Previous Owner Fulton Jason $618,326
Previous Owner Fulton Jason $614,027
Previous Owner Alvarado Catarina $135,000
Previous Owner Alvarado Catarina $130,000
Previous Owner Alvarado Catarina $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $730,000 +2.8% $322 / Sq Ft
05/16/2021 05/16/21 For Sale $709,900 +15.6% $314 / Sq Ft
11/01/2018 11/01/18 Sold $614,000 0.0% $271 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $614,000 +74.9% $271 / Sq Ft
05/03/2018 05/03/18 Sold $351,000 -9.8% $308 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $389,000 -- $341 / 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 $9,640 $790,173 $432,972 $357,201
2024 $9,640 $774,681 $424,483 $350,198
2023 $9,456 $759,492 $416,160 $343,332
2022 $9,018 $744,600 $408,000 $336,600
2021 $8,278 $676,941 $353,626 $323,315
2020 $8,360 $670,000 $350,000 $320,000
2019 $7,529 $614,000 $315,000 $299,000
2018 $2,242 $178,859 $137,843 $41,016
2016 $2,131 $171,916 $132,492 $39,424
2015 $2,101 $169,334 $130,502 $38,832
2014 $2,114 $166,018 $127,946 $38,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21104913

California Regional Multiple Listing Service (CRMLS)

APN: 6011-003-012