NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,291,356

4 Beds
2 Baths
2,951 Sq Ft
$363/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $471,000 $160 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $6,667/month

104 Days on Market

Highlights

  • Main Floor Bedroom
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • Granite Countertops
  • Walk-In Closet
  • Living Room

About This Home

As of April 2015

Great property in very nice neighborhood, centrally located, close distance to USC. Two units on a good size lot. First Unit has 3 good size bedrooms plus a bonus room, 1 1/2 bathrooms and good size kitchen that was remodeled a year ago. Second Unit is a 1 large size bedroom plus a bonus room, 1 full bath and good size kitchen. Detached double car garage and large driveway with plenty of parking. This is a great investment property.

Last Agent to Sell the Property

Luchi Balcazar

Berkshire Hathaway HomeServices California Properties License #01475084 Listed on: 10/30/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Byung 'Bill' Kim

America Realty Los Angeles License #01111840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,762

Year Built

  • Built in 1920

Lot Details

  • 6,334 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 2,951 Sq Ft Home
  • Entryway
  • Living Room
  • Granite Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2225
  • Assessor Parcel Number 5041020015

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,700
  • Insurance Expense $1,200
  • Trash Expense $420
  • Water Sewer Expense $2,100
  • New Taxes Expense $5,790
  • Gross Income $3,600
  • Net Operating Income $31,490

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,762

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2100.00
  • Property Type: Residential Income
  • Parcel Number: 5041020015
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Balcony, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 159.61
  • Room Type: Entry, Living Room, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 6334.00
  • Lot Size Acres: 0.1450

Multi Family

  • Electric Expense: 1700.00
  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6334.0000 Square Feet
  • Net Operating Income: 31490.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11710.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5790.00
  • Tax Lot: 8
  • Tax Tract Number: 2225
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2018
Sold by
Park Jun Ho
Bought by
Kim Sung Soo
Current Estimated Value
$1,058,798

Purchase Details

Closed on
Jan 5, 2018
Sold by
Kim Sungoo Soo
Bought by
Park Jun Ho and Kim Min J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$457,354
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$614,485

Purchase Details

Listed on
Oct 30, 2014
Closed on
Apr 9, 2015
Sold by
Yang Deborah Yoowai
Bought by
Kim Sung Soo
Seller's Agent
Luchi Balcazar
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Byung 'Bill' Kim
America Realty Los Angeles
List Price
$485,000
Sold Price
$471,000
Premium/Discount to List
-$14,000
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$329,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2014
Closed on
Feb 25, 2015
Sold by
Dheming Judith A
Bought by
Kim Sung Soo
Seller's Agent
Luchi Balcazar
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Byung 'Bill' Kim
America Realty Los Angeles
List Price
$485,000
Sold Price
$471,000
Premium/Discount to List
-$14,000
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2008
Sold by
Menendez Jorge
Bought by
Dheming Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2006
Sold by
Menendez Jorge
Bought by
Dheming Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2006
Sold by
Dheming Jose Santos
Bought by
Dheming Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Villa Silvia V
Bought by
Dheming Jose Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.78%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 28, 1997
Sold by
Villa Silvia V
Bought by
Villa Silvia V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.16%

Purchase Details

Closed on
Nov 5, 1997
Sold by
Villa Silvia V
Bought by
Villa Silvia V and Dheming Jose Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.16%

Purchase Details

Closed on
Aug 19, 1993
Sold by
Villa Silvia V
Bought by
Villa Silvia V and Dheming Jose Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.95%
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 Sung Soo -- Accommodation
Park Jun Ho -- North American Title
Kim Sung Soo -- Orange Coast Title Company
Kim Sung Soo $471,000 Orange Coast Title Co
Dheming Judith A -- Southland Title
Dheming Judith A -- North American Title
Dheming Judith A $600,000 North American Title
Dheming Jose Santos -- North American Title Co
Villa Silvia V -- Gateway Title Company
Villa Silvia V -- Gateway Title Company
Villa Silvia V -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jun Ho $540,000
Previous Owner Kim Sung Soo $329,700
Previous Owner Dheming Judith A $368,000
Previous Owner Dheming Judith A $325,000
Previous Owner Dheming Jose Santos $220,000
Previous Owner Villa Silvia V $24,000
Previous Owner Villa Silvia V $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2015 04/20/15 Sold $471,000 -2.9% $160 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $485,000 -- $164 / 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 $10,762 $566,058 $339,636 $226,422
2024 $10,762 $554,960 $332,977 $221,983
2023 $10,634 $544,080 $326,449 $217,631
2022 $10,325 $533,413 $320,049 $213,364
2021 $10,228 $522,955 $313,774 $209,181
2019 $6,307 $507,446 $304,468 $202,978
2018 $6,179 $497,498 $298,499 $198,999
2016 $5,884 $478,182 $286,909 $191,273
2015 $5,930 $475,000 $434,900 $40,100
2014 $5,771 $450,000 $412,000 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14231577

California Regional Multiple Listing Service (CRMLS)

APN: 5041-020-015