NOT LISTED FOR SALE

Estimated Value: $813,000 - $986,000

8 Beds
4 Baths
2,430 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 11, 2017

Last sale price $600,000 $247 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,379/month

40 Days on Market

Highlights

  • Built in 2005 | Newly Remodeled
  • Laundry Room
  • Level Lot
  • Property is near public transit
  • Central Heating and Cooling System

About This Home

As of September 2017

Located right in the heart of Los Angeles! Nearby areas and buildings: Restaurant Depot, STAPLES Center, Natural History Museum of LA, USC, other schools, etc. Public transportation within a few blocks. Newly built in 2005 with a total of 2 units in building. Great price for being in this older LA neighborhood. Excellent rental income.

Last Agent to Sell the Property

ZEI LAN LEE

KUN TAI REALTY INC. License #01059431 Listed on: 06/18/2017

Last Buyer's Agent

ZEI LAN LEE

KUN TAI REALTY INC. License #01059431 Listed on: 06/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 5,662 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • 5119026003

Home Design

  • 2,430 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • On-Street Parking

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • Tax Lot 130
  • Assessor Parcel Number 5118006002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,600
  • Insurance Expense $1,675
  • Trash Expense $600
  • Water Sewer Expense $3,500
  • New Taxes Expense $6,000
  • Operating Expense $15,375
  • Gross Income $45,420
  • Net Operating Income $30,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,169

Year Built

Built in 2005 | Newly Remodeled

Lot Details

5,662 Sq Ft Lot

Listing Details

  • CapRate: 7.10
  • Property Attached: No
  • Water Sewer Expenses: 3500.00
  • Zoning: LARD2
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5118006002
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 246.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Parking Features: Carport, Street
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5119026003
  • Land Lease: No
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 5662.00

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 45420.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1675.00
  • Net Operating Income: 30045.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 38244.00
  • Rent Control: No
  • Total Actual Rent: 3735.00
  • Total Expenses: 15375.00

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Area: 6-658
  • Tax Census Tract: 2270.10
  • Tax Lot: 130
  • Tax Annual Amount: 5168.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Alamdar Husnain
Bought by
Alamdar Family Trust and Alamdar
Current Estimated Value
$910,050

Purchase Details

Listed on
Jun 18, 2017
Closed on
Sep 6, 2017
Sold by
Alamdar Jesica Hilda Serrano
Bought by
Alamdar Husnain
Seller's Agent
ZEI LAN LEE
KUN TAI REALTY INC.
Buyer's Agent
ZEI LAN LEE
KUN TAI REALTY INC.
List Price
$639,888
Sold Price
$600,000
Premium/Discount to List
-$39,888
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$450,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2017
Closed on
Aug 25, 2017
Sold by
Yang Bei Ping
Bought by
Alamdar Husnain
Seller's Agent
ZEI LAN LEE
KUN TAI REALTY INC.
Buyer's Agent
ZEI LAN LEE
KUN TAI REALTY INC.
List Price
$639,888
Sold Price
$600,000
Premium/Discount to List
-$39,888
-6.23%

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
New Conventional

Purchase Details

Listed on
Jun 18, 2017
Closed on
Aug 1, 2017
Sold by
Lei
Bought by
Yang Beiping
Seller's Agent
ZEI LAN LEE
KUN TAI REALTY INC.
Buyer's Agent
ZEI LAN LEE
KUN TAI REALTY INC.
List Price
$639,888
Sold Price
$600,000
Premium/Discount to List
-$39,888
-6.23%

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
New Conventional

Purchase Details

Closed on
Mar 23, 2016
Sold by
Tang Jonathan Cf and Silent Investment Llc
Bought by
Yang Beiping and Lei L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 14, 2016
Sold by
Lee Stephanie
Bought by
Silent Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 19, 2015
Closed on
Mar 24, 2015
Sold by
Gee Jin Song
Bought by
Lee Stephanie
Seller's Agent
Magaly Gordon
West Shores Realty, Inc.
Buyer's Agent
Antonio Martinez
Keller Williams Pacific Estates
List Price
$399,000
Sold Price
$408,000
Premium/Discount to List
$9,000
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$61,200
Interest Rate
3.65%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Feb 19, 2015
Closed on
Mar 12, 2015
Sold by
Luxdot Llc
Bought by
Tang Jonathan Cf and Lee Stephanie
Seller's Agent
Magaly Gordon
West Shores Realty, Inc.
Buyer's Agent
Antonio Martinez
Keller Williams Pacific Estates
List Price
$399,000
Sold Price
$408,000
Premium/Discount to List
$9,000
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
3.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 28, 2011
Sold by
Iglesias Lorenso
Bought by
Lux Dot Llc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Iglesias Eva
Bought by
Iglesias Lorenso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2005
Sold by
Rmz Group
Bought by
Iglesias Lorenso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2005
Sold by
Stuart F Cooper Co
Bought by
Rmz Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,500
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alamdar Family Trust -- None Listed On Document
Alamdar Husnain -- Lawyer Title Insurance Corp
Alamdar Husnain $600,000 Lawyer Title Insurance Corp
Yang Beiping -- Lawyers Title
Yang Beiping $495,000 Wfg Title Company
Silent Investment Llc -- None Available
Lee Stephanie -- Fidelity National Title
Tang Jonathan Cf $408,000 Fidelity National Title
Lux Dot Llc -- None Available
Iglesias Lorenso -- Fidelity National Title Co
Iglesias Lorenso $629,000 Fidelity National Title Co
Rmz Group $630,000 California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alamdar Husnain $450,000
Previous Owner Yang Beiping $321,750
Previous Owner Lee Stephanie $61,200
Previous Owner Tang Jonathan Cf $265,200
Previous Owner Iglesias Lorenso $125,800
Previous Owner Iglesias Lorenso $503,200
Previous Owner Rmz Group $567,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2017 09/11/17 Sold $600,000 -3.2% $247 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
07/06/2017 07/06/17 Price Changed $619,888 -3.1% $255 / Sq Ft
06/18/2017 06/18/17 For Sale $639,888 +56.8% $263 / Sq Ft
04/10/2015 04/10/15 Sold $408,000 +2.3% $168 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $399,000 -- $164 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,451 $682,692 $432,371 $250,321
2024 $8,451 $669,307 $423,894 $245,413
2023 $8,292 $656,184 $415,583 $240,601
2022 $7,913 $643,319 $407,435 $235,884
2021 $7,809 $630,706 $399,447 $231,259
2019 $7,579 $612,000 $387,600 $224,400
2018 $7,448 $600,000 $380,000 $220,000
2016 $5,169 $414,222 $304,575 $109,647
2015 $4,298 $341,119 $213,200 $127,919
2014 $4,323 $334,438 $209,024 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17136751

California Regional Multiple Listing Service (CRMLS)

APN: 5118-006-002

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