NOT LISTED FOR SALE

1534 W Olympic Blvd Los Angeles, CA 90015

Pico-Union Neighborhood

Estimated Value: $1,053,018 - $1,378,000

-- Bed
-- Bath
5,112 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $1,075,000 $210 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,590/month

25 Days on Market

About This Home

As of February 2023

Great investment property, located at 1534 W Olympic Blvd, Los Angeles CA 90015, contains 4 fully occupied units, high ceilings and 1 parking per unit. All four units are 2 bed / 1 bath units. This property is located a short distance from the Crypto.com Arena, LA Live, LA Convention Center and close to major public transportation. Offer subject to inspection and receiving rent roll.

Last Agent to Sell the Property

Julie Olsen

Olsen Realty License #01435744 Listed on: 11/14/2022

Last Buyer's Agent

Mi Kyung Suh

Leeway Funding Inc License #02042236

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,088

Year Built

  • Built in 1920

Lot Details

  • 4,900 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 5,112 Sq Ft Home
  • Quadruplex

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Legal Lot and Block 3 / F
  • Tax Tract Number 210
  • Assessor Parcel Number 5137015002
  • $637 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,088

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Price Per Unit: 287500
  • Property Attached: Yes
  • Zoning: LAC2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5137015002
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 210.29

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4900.00
  • Lot Size Acres: 0.1125

Multi Family

  • Lot Size Area: 4900.0000 Square Feet
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Block: F
  • Tax Census Tract: 2100.10
  • Tax Lot: 3
  • Tax Tract Number: 210...
  • TaxOtherAnnualAssessmentAmount: 637.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Feb 15, 2023
Sold by
Han In Chul and Won Jung
Bought by
Kim In Sik
Seller's Agent
Julie Olsen
Olsen Realty
Buyer's Agent
Mi Kyung Suh
Leeway Funding Inc
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%
Views
8
Current Estimated Value
$1,204,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,255
Avg. Annual Appreciation
2.89%
Original Mortgage
$550,000
Outstanding Balance
$489,040
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$667,521

Purchase Details

Closed on
Mar 20, 2014
Sold by
Kim Je Pyung
Bought by
Han In Chul and Han Wong Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Park Edward H and The Edward H Park Trust
Bought by
Kim Jae Pyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2005
Sold by
Park Edward H
Bought by
Park Edward H and The Edward H Park Trust

Purchase Details

Closed on
Mar 15, 2002
Sold by
Sun Jennifer K
Bought by
Park Edward H

Purchase Details

Closed on
Feb 10, 1994
Sold by
Park Wilson H and Park Hye Sun
Bought by
Park Edward H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.24%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 In Sik $1,075,000 California Best Title
Han In Chul $930,009 Provident Title Company
Kim Jae Pyung $800,000 Fidelity National Title Co
Park Edward H -- --
Park Edward H -- --
Park Edward H $270,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim In Sik $550,000
Previous Owner Han In Chul $400,000
Previous Owner Kim Jae Pyung $480,000
Previous Owner Park Ed H $196,000
Previous Owner Park Edward H $84,386
Previous Owner Park Edward H $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $1,075,000 -6.5% $210 / Sq Ft
11/14/2022 11/14/22 For Sale $1,150,000 -- $225 / 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 $14,088 $1,140,039 $686,475 $453,564
2024 $14,088 $1,117,686 $673,015 $444,671
2023 $13,826 $1,095,771 $659,819 $435,952
2022 $13,200 $1,074,286 $646,882 $427,404
2021 $13,014 $1,053,223 $634,199 $419,024
2019 $12,632 $1,021,987 $615,390 $406,597
2018 $12,515 $1,001,949 $603,324 $398,625
2016 $11,983 $963,045 $579,898 $383,147
2015 $11,762 $948,580 $571,188 $377,392
2014 $8,322 $650,000 $305,000 $345,000
Source: Public Records

Agents Affiliated with this Home

  • Julie Olsen

    Seller's Agent in 2023

    Julie Olsen

    Olsen Realty

    (949) 382-1413

    1 in this area

    40 Total Sales

    Julie Olsen
    Section Image

  • M

    Buyer's Agent in 2023

    Mi Kyung Suh

    Leeway Funding Inc

    (213) 820-0502

    3 in this area

    16 Total Sales

    Mi Kyung Suh
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22241550

California Regional Multiple Listing Service (CRMLS)

APN: 5137-015-002

California Los Angeles County Los Angeles 90015 Pico-Union

1534 W Olympic Blvd, Los Angeles, CA

This home is located at 1534 W Olympic Blvd, Los Angeles, CA 90015 since 14 November 2022 and is currently estimated at $1,204,255, approximately $235 per square foot. This property was built in 1920. 1534 W Olympic Blvd is a home located in Los Angeles County with nearby schools including Tenth Street 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

Nearby Homes