NOT LISTED FOR SALE

Estimated Value: $1,345,000 - $2,307,000

8 Beds
4 Baths
5,320 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 25, 2019

Last sale price $1,360,000 $256 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,599/month

68 Days on Market

About This Home

As of September 2019

This is a great income apartments in Commercial Zoning! Current total income is $6721.40. & Will go up to $6923.07 during Sep. to Nov. of 2019. All units have a full kitchen and bathroom with upgrades, double panel windows throughout and separate laundry room in each unit. The 1613 1/2 unit damaged by fire in end of 2018. Everything include electricity is brand new on 1613 1/2 unit with permits. All units are in great layout and bright/lots of windows with breakfast area, large living room and bedrooms.1613 ( Rent: $1648, upgrade flooring and paint), 1613 1/2 ( Rent: $1529.55, upgraded everything), 1615 (Rent: $1854, upgraded flooring, kitchen, bathroom and paint), 1615 1/2 ( Rent: $1539.85 + $150 storage fee, flooring and paint) Buyer is advised to verify the accuracy of all information.

Last Agent to Sell the Property

Benjamin Huh

America Realty Los Angeles License #01041754 Listed on: 06/11/2019

Last Buyer's Agent

Christina Lee

Ivy Realty Co. License #01124860

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,218

Year Built

  • Built in 1923

Lot Details

  • 7,500 Sq Ft Lot

Interior Spaces

  • 5,320 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

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

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5072-020-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,218

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5320
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 12
  • 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
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 259.40

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Electric, Wall Unit(s), Wall/Window, Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 269244
  • Assessed Land Value: 621333
  • Assessor Parcel Number: 5072-020-002
  • Geocode Override: No
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.47
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 21675
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Sep 5, 2019
Sold by
Cho Seong Moor and Cho Chloe Misun
Bought by
Kim Seon and Kim Sanghi
Seller's Agent
Benjamin Huh
America Realty Los Angeles
Buyer's Agent
Christina Lee
Ivy Realty Co.
List Price
$1,380,000
Sold Price
$1,360,000
Premium/Discount to List
-$20,000
-1.45%
Current Estimated Value
$1,717,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,992
Avg. Annual Appreciation
3.92%
Original Mortgage
$800,000
Outstanding Balance
$700,738
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,017,254

Purchase Details

Closed on
Oct 2, 2017
Sold by
Lee Hye Min Helen
Bought by
Cho Seong Mook and Cho Chloe Misun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$958,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2015
Sold by
Lee Marcelo Luis
Bought by
Lee Hye Min Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2012
Sold by
Oveross Gregory and Brown Elnora
Bought by
Oveross Gregory and The 2004 Elnora Brown Trust

Purchase Details

Closed on
Oct 20, 2010
Sold by
Oveross Gregory and The 2004 Elnora Brown Trust
Bought by
Oveross Gregory and Brown Elnora

Purchase Details

Closed on
Apr 17, 2009
Sold by
Holloway Reginald and The 2009 Brown Holloway Trust
Bought by
Holloway Reginald and The 2004 Elnora Brown Trust

Purchase Details

Closed on
Mar 8, 2005
Sold by
Brown Elnora
Bought by
Brown Elnora and 2004 Elnora Brown Trust

Purchase Details

Closed on
Dec 21, 2004
Sold by
Brown Elnora
Bought by
Brown Elnora and 2004 Elnora Brown Trust
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 Seon $1,360,000 Stewart Title Company
Cho Seong Mook $1,278,000 Provident Title Company
Lee Hye Min Helen -- Lawyers Title
Lee Hye Min Helen $860,000 Lawyers Title
Oveross Gregory -- None Available
Oveross Gregory -- None Available
Holloway Reginald -- None Available
Brown Elnora -- --
Brown Elnora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Seon $800,000
Previous Owner Cho Seong Mook $958,500
Previous Owner Lee Hye Min Helen $516,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2019 09/25/19 Sold $1,360,000 -1.4% $256 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $1,380,000 +1.5% $259 / Sq Ft
08/06/2019 08/06/19 Off Market $1,360,000 -- --
08/04/2019 08/04/19 For Sale $1,380,000 +1.5% $259 / Sq Ft
07/25/2019 07/25/19 Off Market $1,360,000 -- --
06/24/2019 06/24/19 Price Changed $1,380,000 -2.7% $259 / Sq Ft
06/11/2019 06/11/19 For Sale $1,419,000 -- $267 / 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 $18,218 $1,487,355 $1,093,645 $393,710
2024 $18,218 $1,458,192 $1,072,201 $385,991
2023 $17,874 $1,429,601 $1,051,178 $378,423
2022 $17,058 $1,401,570 $1,030,567 $371,003
2021 $16,828 $1,374,089 $1,010,360 $363,729
2019 $15,981 $1,303,560 $785,400 $518,160
2018 $15,832 $1,278,000 $770,000 $508,000
2017 $11,172 $890,577 $621,333 $269,244
2016 $10,873 $873,115 $609,150 $263,965
2015 $13,355 $1,081,178 $815,984 $265,194
2014 $1,167 $61,757 $29,974 $31,783
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-476922

The MLS

APN: 5072-020-002