NOT LISTED FOR SALE

154 N Edgemont St Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,447,000 - $2,117,000

8 Beds
4 Baths
5,308 Sq Ft
$338/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,650,000 $311 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,290/month

51 Days on Market

About This Home

As of February 2022

This 4 unit apartment building is in the heart of Koreatown. 4 unit apartment building composed of all 2+1 units with 3 parking spaces in the rear ( can park 5 cars ). Electric work done 6 years ago, upgraded plumbing installed 3 years ago. Wood floors in all units and all units are individually metered for gas and electricity, keeping expenses low. One of the units has in-unit washer and laundry room provides extra income of $100 ~ $150/month. Unit 1 and 4 rent to be $1890/mo starting 02/01/2022. It is conveniently located near the 101 freeway and approximately a quarter mile away from the Metro Red Line Vermont/Beverly station.

Last Agent to Sell the Property

Wolsoon Han

Sky Commercial Realty License #01725217 Listed on: 12/22/2021

Last Buyer's Agent

Wolsoon Han

Sky Commercial Realty License #01725217 Listed on: 12/22/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,247

Year Built

  • Built in 1925

Lot Details

  • 4,838 Sq Ft Lot

Interior Spaces

  • 5,308 Sq Ft Home
  • 2-Story Property
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Attached Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5518-016-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,247

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5308
  • Lot Acreage: 0.1111
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven, Dishwasher
  • Price Per S Q F T: 315.56

Exterior Features

  • Other Structures: Other
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s), Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 55.06
  • Assessed Improvement Value: 197091
  • Assessed Land Percent: 44.94
  • Assessed Land Value: 160887
  • Total Assessed Value: 357978
  • Assessor Parcel Number: 5518-016-001
  • Lot Size Area: 4838

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.46
  • Number Of Units: 4
  • Total Annual Expense: 3600
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Jeon Young Sang and Jeon Ellice H
Bought by
2009 Jeon Family Trust
Current Estimated Value
$1,795,449

Purchase Details

Listed on
Dec 22, 2021
Closed on
Feb 8, 2022
Sold by
Yeun Lee Jeong
Bought by
Lee Robert
Seller's Agent
Wolsoon Han
Sky Commercial Realty
Buyer's Agent
Wolsoon Han
Sky Commercial Realty
List Price
$1,675,000
Sold Price
$1,650,000
Premium/Discount to List
-$25,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$990,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 31, 2022
Sold by
Bong Lee Kyu
Bought by
Jeon Young Sang and Jeon Ellice H
Seller's Agent
Wolsoon Han
Sky Commercial Realty
Buyer's Agent
Wolsoon Han
Sky Commercial Realty
List Price
$1,675,000
Sold Price
$1,650,000
Premium/Discount to List
-$25,000
-1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2021
Sold by
Chom C So Trust and Lee Robert
Bought by
Lee Kyu Bong and Lee Robert
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
2009 Jeon Family Trust -- None Listed On Document
Lee Robert -- Chicago Title
Lee Robert -- Chicago Title
Jeon Young Sang $1,650,000 Chicago Title
Jeon Young Sang $1,650,000 Chicago Title
Lee Kyu Bong -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeon Young Sang $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,650,000 -1.5% $311 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $1,675,000 -- $316 / Sq Ft
Source: The MLS

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 $21,247 $1,750,993 $1,485,691 $265,302
2024 $21,247 $1,716,660 $1,456,560 $260,100
2023 $20,842 $1,683,000 $1,428,000 $255,000
2022 $4,907 $365,136 $164,104 $201,032
2021 $4,733 $357,978 $160,887 $197,091
2020 $4,771 $354,309 $159,238 $195,071
2019 $4,600 $347,363 $156,116 $191,247
2018 $4,489 $340,553 $153,055 $187,498
2016 $4,238 $327,330 $147,112 $180,218
2015 $4,180 $322,414 $144,903 $177,511
2014 $4,219 $316,099 $142,065 $174,034
Source: Public Records

Agents Affiliated with this Home

  • Wolsoon Han

    Seller's Agent in 2022

    Wolsoon Han

    Sky Commercial Realty

    (213) 344-8282

    10 in this area

    24 Total Sales

    Wolsoon Han
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Map

Source: The MLS

MLS Number: 21-113743

The MLS

APN: 5518-016-001

California Los Angeles County Los Angeles 90004 Koreatown

154 N Edgemont St, Los Angeles, CA

This home is located at 154 N Edgemont St, Los Angeles, CA 90004 since 22 December 2021 and is currently estimated at $1,795,449, approximately $338 per square foot. This property was built in 1925. 154 N Edgemont St is a home located in Los Angeles County with nearby schools including Frank Del Olmo Elementary School, Virgil Middle School, and Belmont High School.

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