Seller's Agent in 2021
Rina Culligan
Bayside
(310) 963-7462
1 in this area
40 Total Sales
1560 Ricardo St Los Angeles, CA 90033
Estimated Value: $1,795,000 - $2,774,000
13
Beds
8
Baths
5,590
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Living Room
- Abraham Lincoln High School Rated A
- Contemporary Architecture
- Recessed Lighting
About This Home
As of September 2021Beautiful Fourplex in prime location in Boyle Heights-Just minutes from premier dining, shopping, Arts District & Downtown LA. Rare opportunity to acquire a turnkey, hassle free property. Tucked in on a quiet street and only a block from USC School of Medicine-Perfect location for students and doctors going back to school and work! Front building consists of a 2- 3 bedroom 2 bath units. Back building consists of 1- 3 bedroom 2 bath and a 4 bedroom 2 bath unit. Newly Built last year and beautifully appointed with stainless steele appliances, recessed lighting, engineered wood, mirrored closets, custom tile in kitchen and baths. All separately metered with gas, water and electricity, each unit includes own washer, dryer, refrigerator, stove and dishwasher. Healthy income stream and solid market appreciation as the area continues its upward trajectory. Easy access to the 5, 60, 101 and 10 freeways.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,360
Year Built
- Built in 2020
Lot Details
- 7,497 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 3 Car Garage
- 5 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Contemporary Architecture
- Quadruplex
- Turnkey
Interior Spaces
- 5,590 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Blinds
- Living Room
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 13 Bedrooms
- Primary Bedroom Suite
- Mirrored Closets Doors
- 8 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 4 / 12
- Tax Tract Number 2031
- Assessor Parcel Number 5202016004
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $720
- Insurance Expense $2,700
- New Taxes Expense $24,739
- Operating Expense $28,159
- Gross Income $145,080
- Net Operating Income $141,660
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Aug 31, 2021
Sold by
1560 Ricardo Llc
Bought by
Jan Yeour Der and Jan Shiow Jiuan
Seller's Agent
Rina Culligan
Bayside
Buyer's Agent
Shiang Chou
Lucky Real Estate
List Price
$2,249,000
Sold Price
$2,138,000
Premium/Discount to List
-$111,000
-4.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,612
Avg. Annual Appreciation
2.62%
Purchase Details
Closed on
Feb 10, 2021
Sold by
Smith Devon and Stevens Devin
Bought by
1560 Ricardo Llc
Purchase Details
Closed on
Nov 23, 2020
Sold by
1560 Ricardo Llc
Bought by
Smith Devon and Stevens Devin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 11, 2019
Closed on
Feb 6, 2019
Sold by
Duggan Cecilia O and The Jerry And Cecilia Duggan L
Bought by
1560 Ricardo Llc
Seller's Agent
Rina Culligan
Bayside
Buyer's Agent
Rina Culligan
Bayside
List Price
$479,000
Sold Price
$535,000
Premium/Discount to List
$56,000
11.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.59%
Original Mortgage
$380,000
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 23, 2003
Sold by
Duggan Cecilia O
Bought by
Duggan Jerry P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,160
Interest Rate
5.87%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 5, 1999
Sold by
Duggan Cecilia O and Morales Olivia C
Bought by
Duggan Cecilia O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,250
Interest Rate
6.76%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jan Yeour Der | $2,138,000 | Provident Title Company | |
| 1560 Ricardo Llc | -- | None Available | |
| Smith Devon | -- | Provident Title | |
| 1560 Ricardo Llc | $535,000 | Progressive Title Company In | |
| Duggan Jerry P | -- | -- | |
| Duggan Cecilia O | -- | Continental Title | |
| Morales Olivia C | -- | Lawyers Title | |
| Duggan Cecilia O | -- | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Smith Devon | $1,312,500 | |
| Previous Owner | 1560 Ricardo Llc | $1,331,520 | |
| Previous Owner | 1560 Ricardo Llc | $380,000 | |
| Previous Owner | Duggan Cecilia O | $74,160 | |
| Previous Owner | Duggan Cecilia O | $77,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2024 08/22/24 | For Rent | $3,695 | 0.0% | -- |
| 09/02/2021 09/02/21 | Sold | $2,138,000 | -4.9% | $382 / Sq Ft |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $2,249,000 | +320.4% | $402 / Sq Ft |
| 02/08/2019 02/08/19 | Sold | $535,000 | +11.7% | $612 / Sq Ft |
| 01/17/2019 01/17/19 | Pending | -- | -- | -- |
| 01/11/2019 01/11/19 | For Sale | $479,000 | -- | $548 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $27,360 | $2,268,861 | $1,167,328 | $1,101,533 |
| 2024 | $27,360 | $2,224,375 | $1,144,440 | $1,079,935 |
| 2023 | $26,830 | $2,180,760 | $1,122,000 | $1,058,760 |
| 2022 | $25,583 | $2,138,000 | $1,100,000 | $1,038,000 |
| 2021 | $15,310 | $1,249,804 | $551,353 | $698,451 |
| 2020 | $6,806 | $545,700 | $408,000 | $137,700 |
| 2019 | $594 | $28,729 | $17,110 | $11,619 |
| 2018 | $537 | $28,167 | $16,775 | $11,392 |
| 2016 | $506 | $27,075 | $16,125 | $10,950 |
| 2015 | $502 | $26,669 | $15,883 | $10,786 |
| 2014 | $514 | $26,147 | $15,572 | $10,575 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Shiang Chou
Lucky Real Estate
(714) 930-3690
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21115352
APN: 5202-016-004
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