NOT LISTED FOR SALE

1523 Cambria St Los Angeles, CA 90017

Westlake Neighborhood

Estimated Value: $957,000 - $1,102,000

4 Beds
3 Baths
2,183 Sq Ft
$463/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $760,000 $348 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,446/month

68 Days on Market

About This Home

As of July 2020

Amazing opportunity to own a triplex in the city of Los Angeles. Excellent multi-unit investment property. This well maintained and upgraded triplex is located in the heart of the city and is central to Downtown, Koreatown, major grocery stores as well as other retail stores. This property is also adjacent to all major freeways which include the 10, 5, 110, 101, and 60. There is ample parking available for up to 8 cars on the lot. Property is in an R4 zone allowing for potential future development.

Last Agent to Sell the Property

Jacob Choi

Real Broker License #01744435 Listed on: 02/20/2020

Real Broker

Last Buyer's Agent

Jacob Choi

Real Broker License #01744435 Listed on: 02/20/2020

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,838

Year Built

  • Built in 1920

Lot Details

  • 5,102 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 8 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 2,183 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 5 / 10
  • Assessor Parcel Number 5142024017

Community Details

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $4,800
  • New Taxes Expense $9,475
  • Operating Expense $15,775
  • Gross Income $28,800
  • Net Operating Income $22,680

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,838

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 4800.00
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5142024017
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 348.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5102.00
  • Lot Size Acres: 0.1171

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5102.0000 Square Feet
  • Net Operating Income: 22680.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6120.00
  • Rent Control: Yes
  • Total Expenses: 15775.00

Tax Info

  • New Taxes Expense: 9475.00
  • Tax Block: 10
  • Tax Census Tract: 2093.00
  • Tax Lot: 5
  • Tax Tract Number: C026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2022
Sold by
1523 Cambria Partners Llc
Bought by
Charger At Cambria Inc
Current Estimated Value
$1,009,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Outstanding Balance
$557,398
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$452,368

Purchase Details

Closed on
Sep 21, 2020
Sold by
Kajla Jatinder
Bought by
1523 Cambria Partners Llc

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jul 1, 2020
Sold by
Takhar Ravjyoat K
Bought by
Kajla Jatinder
Seller's Agent
Jacob Choi
Real Broker
Buyer's Agent
Jacob Choi
Real Broker
List Price
$788,000
Sold Price
$760,000
Premium/Discount to List
-$28,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$570,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2020
Sold by
Han Tony
Bought by
Kajla Jatinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2017
Sold by
Han Hyon Soon
Bought by
Han Tony

Purchase Details

Closed on
May 24, 2011
Sold by
Han Hyon Soon
Bought by
Han Hyon Soon and Hyon Soon Han Living Trust

Purchase Details

Closed on
Jun 28, 2010
Sold by
Quintero Guillermo
Bought by
Han Hyon Soon

Purchase Details

Closed on
Jun 1, 2006
Sold by
Lee Jong Hyuk
Bought by
Quintero Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 24, 2003
Sold by
Mun Pok Nok and Mun Yun Ja
Bought by
Lee Jong Hyuk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Charger At Cambria Inc $920,000 Chicago Title
1523 Cambria Partners Llc -- Accommodation
Kajla Jatinder -- Provident Title Company
Kajla Jatinder $760,000 Provident Title Company
Han Tony -- None Available
Han Hyon Soon -- None Available
Han Hyon Soon $325,000 Fidelity National Title Co
Quintero Guillermo $655,000 Chicago Title Co
Lee Jong Hyuk $260,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charger At Cambria Inc $598,000
Closed Charger At Cambria Inc $138,000
Previous Owner Kajla Jatinder $570,000
Previous Owner Quintero Guillermo $155,000
Previous Owner Quintero Guillermo $500,000
Previous Owner Lee Jong Hyuk $552,500
Previous Owner Lee Jong Hyuk $408,000
Previous Owner Lee Jong Hyuk $234,000
Closed Charger At Cambria Inc $598,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $760,000 -3.6% $348 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $788,000 -- $361 / 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 $11,838 $976,310 $848,966 $127,344
2024 $11,838 $957,168 $832,320 $124,848
2023 $11,614 $938,400 $816,000 $122,400
2022 $9,392 $775,200 $510,000 $265,200
2021 $9,269 $760,000 $300,000 $460,000
2020 $4,904 $380,722 $234,291 $146,431
2019 $4,718 $373,258 $229,698 $143,560
2018 $4,624 $365,941 $225,195 $140,746
2016 $4,407 $351,733 $216,451 $135,282
2015 $4,345 $346,450 $213,200 $133,250
2014 $4,379 $339,664 $209,024 $130,640
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jacob Choi

    Real Broker

    (619) 248-6434

    44 Total Sales

    Jacob Choi
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20036494

California Regional Multiple Listing Service (CRMLS)

APN: 5142-024-017

California Los Angeles County Los Angeles 90017 Westlake

1523 Cambria St, Los Angeles, CA

This home is located at 1523 Cambria St, Los Angeles, CA 90017 since 20 February 2020 and is currently estimated at $1,009,766, approximately $462 per square foot. This property was built in 1920. 1523 Cambria St is a home located in Los Angeles County with nearby schools including Esperanza Elementary School, John H. Liechty Middle School, and Belmont High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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