NOT LISTED FOR SALE

1561 S Harvard Blvd Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $1,259,000 - $1,728,810

8 Beds
4 Baths
4,160 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $1,060,000 $255 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,822/month

10 Days on Market

About This Home

As of October 2017

Investment opportunity at this 4 Unit income property.Separate meters for gas and electricity.1 Unit is completely remodeled .This property is R2-1-HPOZ.

Last Agent to Sell the Property

Yosube Roh

New Star Realty License #01867211 Listed on: 10/13/2017

New Star Realty

Co-Listed By

Misook Lee

New Star Realty License #01963554

Last Buyer's Agent

Jung Woo Suh

High Equity Real Estate Service, Inc. License #01920196

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,626

Year Built

  • Built in 1923

Lot Details

  • 6,874 Sq Ft Lot

Interior Spaces

  • 4,160 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Car Garage
  • Driveway

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5074-009-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,626

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4160
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 269.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 149703
  • Assessed Land Value: 141292
  • Assessor Parcel Number: 5074-009-007
  • Geocode Override: No
  • Lot Size Area: 6874

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.93
  • Number Of Units: 4
  • Rent Control: yes
  • Total Annual Expense: 17000
  • Type Of Units: multifamily
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2022
Sold by
Kisung Lee
Bought by
Seo Seung Hee
Current Estimated Value
$1,479,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2017
Closed on
Oct 20, 2017
Sold by
Kim Sookhyung
Bought by
Majidi Shawn Shahram
Seller's Agent
Yosube Roh
New Star Realty
Buyer's Agent
Jung Woo Suh
High Equity Real Estate Service, Inc.
List Price
$1,119,900
Sold Price
$1,060,000
Premium/Discount to List
-$59,900
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 19, 2016
Sold by
Ramos Victoriano
Bought by
Kim Sookhyung
Seller's Agent
Isabel DeMayo
Max Mega Group
Buyer's Agent
Yosube Roh
New Star Realty
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.60%
Original Mortgage
$633,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 2, 2016
Sold by
Kim Kwansoo
Bought by
Kim Sookhyung
Seller's Agent
Isabel DeMayo
Max Mega Group
Buyer's Agent
Yosube Roh
New Star Realty
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
3.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seo Seung Hee -- New Title Company Name
Seo Seung Hee $1,600,000 New Title Company Name
Majidi Shawn Shahram $1,060,000 None Available
Kim Sookhyung $845,000 Chicago Title Company
Kim Sookhyung -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seo Seung Hee $1,490,000
Closed Seo Seung Hee $1,280,000
Previous Owner Kim Sookhyung $633,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $1,060,000 -5.3% $255 / Sq Ft
10/13/2017 10/13/17 For Sale $1,119,900 0.0% $269 / Sq Ft
04/28/2017 04/28/17 Rented $2,200 0.0% --
04/24/2017 04/24/17 Price Changed $2,200 -4.3% $2 / Sq Ft
04/22/2017 04/22/17 Price Changed $2,300 -8.0% $2 / Sq Ft
04/19/2017 04/19/17 Price Changed $2,500 -3.8% $2 / Sq Ft
04/14/2017 04/14/17 For Rent $2,600 0.0% --
11/23/2016 11/23/16 Sold $845,000 -0.6% $203 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $850,000 -- $204 / 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 $20,626 $1,697,932 $1,061,208 $636,724
2024 $20,626 $1,664,640 $1,040,400 $624,240
2023 $20,234 $1,632,000 $1,020,000 $612,000
2022 $13,902 $1,136,532 $857,760 $278,772
2021 $13,716 $1,114,248 $840,942 $273,306
2019 $13,313 $1,081,200 $816,000 $265,200
2018 $13,153 $1,060,000 $800,000 $260,000
2016 $3,881 $290,995 $141,292 $149,703
2015 $3,830 $286,625 $139,170 $147,455
2014 $3,870 $281,011 $136,444 $144,567
Source: Public Records

Agents Affiliated with this Home

  • Yosube Roh

    Seller's Agent in 2017

    Yosube Roh

    New Star Realty

    (213) 605-1414

    2 in this area

    5 Total Sales

    Section Image
  • Misook Lee

    Seller Co-Listing Agent in 2017

    Misook Lee

    New Star Realty

    (213) 800-3936

    3 Total Sales

    Section Image
  • Jung Woo Suh

    Buyer's Agent in 2017

    Jung Woo Suh

    High Equity Real Estate Service, Inc.

    (213) 258-0439

    4 Total Sales

    Section Image
  • Isabel DeMayo

    Seller's Agent in 2016

    Isabel DeMayo

    RE/MAX

    (323) 252-7220

    5 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 17-280090

The MLS

APN: 5074-009-007

California Los Angeles County Los Angeles 90006 Harvard Heights

1561 S Harvard Blvd, Los Angeles, CA

This home is located at 1561 S Harvard Blvd, Los Angeles, CA 90006 since 13 October 2017 and is currently estimated at $1,537,453, approximately $369 per square foot. This property was built in 1923. 1561 S Harvard Blvd is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Pio Pico Middle School, and West Adams Preparatory High School.

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