NOT LISTED FOR SALE

167 E 45th St Los Angeles, CA 90011

South Park Neighborhood

Estimated Value: $941,000 - $1,135,000

8 Beds
4 Baths
3,248 Sq Ft
$327/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $950,000 $292 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,579/month

189 Days on Market

About This Home

As of April 2022

Well kept 4 Unit apartment in high demand rental area. Easy access to major freeways, only 2 mils to downtown LA and industrial city of Vernon and within close proximity of University of Southern California, the Staples Center and Los Angeles Convention Center and very near USC Campus. Good public transportation in every direction. Each unit is 2 bedroom with upside potential. Ample on-site, 8 car gated parking, 2 parking spaces per unit. Front and side yard are perfect for family gathering. Built in 1975. Please do not disturb occupant.

Last Agent to Sell the Property

Joshua Cho

Joshua Cho, Broker License #01018822 Listed on: 10/05/2021

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1975

Lot Details

  • 7,351 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 8 Bedrooms
  • 3,248 Sq Ft Home
  • 2-Story Property

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5109001014

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $660
  • Insurance Expense $1,176
  • Water Sewer Expense $2,400
  • New Taxes Expense $5,327
  • Operating Expense $9,563
  • Gross Income $48,564
  • Net Operating Income $48,564

Property Details

Home Type

Apartment

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 5109001014
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 292.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7351.00
  • Lot Size Acres: 0.1688

Multi Family

  • Gross Income: 48564.00
  • Gross Scheduled Income: 58524.00
  • Insurance Expense: 1176.00
  • Lot Size Area: 7351.0000 Square Feet
  • Net Operating Income: 48564.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4236.00
  • Rent Control: Yes
  • Total Expenses: 9563.00

Tax Info

  • New Taxes Expense: 5327.00
  • Tax Census Tract: 2285.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2010
Sold by
Wchi Llc
Bought by
Im Gregory and Im Nancy
Current Estimated Value
$1,060,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$182,747
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$877,749

Purchase Details

Closed on
Dec 13, 2006
Sold by
Horsch Tina
Bought by
Wchi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Horsch Tina and Mendez Tina
Bought by
Horsch Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Mendez Tina
Bought by
Mendez Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,800
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2002
Sold by
Mendez Jaime
Bought by
Mendez Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.13%

Purchase Details

Closed on
Mar 4, 2002
Sold by
Acosta Evangelina
Bought by
Mendez Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.13%

Purchase Details

Closed on
May 12, 1999
Sold by
Luna Eliseo and Barbosa David
Bought by
Acosta Evangelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,079
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 1999
Sold by
Olivas Jesse
Bought by
Acosta Evangeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,079
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1998
Sold by
Bankers Trust Company
Bought by
Olivas Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.95%

Purchase Details

Closed on
Jan 20, 1998
Sold by
Siordia Enrique P and Greenwich Capital Acceptance I
Bought by
Greenwich Capital Acceptance Inc Series
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Im Gregory $382,000 North American Title Company
Wchi Llc -- Accommodation
Horsch Tina -- Southland Title
Mendez Tina -- Chicago Title Co
Mendez Tina -- Old Republic Title
Mendez Tina $325,000 Old Republic Title
Acosta Evangelina -- --
Acosta Evangeline $285,000 Commonwealth Land Title Co
Olivas Jesse $169,000 Chicago Title Insurance Co
Greenwich Capital Acceptance Inc Series $180,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Im Gregory $277,500
Previous Owner Horsch Tina $365,000
Previous Owner Mendez Tina $334,800
Previous Owner Mendez Tina $260,000
Previous Owner Acosta Evangeline $283,079
Previous Owner Olivas Jesse $168,000
Closed Mendez Tina $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $950,000 -0.9% $292 / Sq Ft
10/05/2021 10/05/21 For Sale $959,000 -- $295 / 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 $12,464 $1,008,146 $657,948 $350,198
2024 $12,464 $988,380 $645,048 $343,332
2023 $12,228 $969,000 $632,400 $336,600
2022 $5,973 $461,168 $225,875 $235,293
2021 $5,887 $452,127 $221,447 $230,680
2019 $5,721 $438,719 $214,880 $223,839
2018 $5,597 $430,117 $210,667 $219,450
2016 $5,327 $413,418 $202,488 $210,930
2015 $5,254 $407,209 $199,447 $207,762
2014 $5,296 $399,234 $195,541 $203,693
Source: Public Records

Agents Affiliated with this Home

  • Joshua Cho

    Seller's Agent in 2022

    Joshua Cho

    Joshua Cho, Broker

    (714) 870-0300

    1 in this area

    50 Total Sales

    Joshua Cho
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21221394

California Regional Multiple Listing Service (CRMLS)

APN: 5109-001-014

California Los Angeles County Los Angeles 90011 South Park

167 E 45th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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