NOT LISTED FOR SALE

1709 3rd Ave Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,099,000 - $1,200,402

4 Beds
3 Baths
2,187 Sq Ft
$534/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2013

Last sale price $510,000 $233 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,424 / mo

16 Days on Market

Highlights

  • Craftsman Architecture
  • Granite Countertops
  • No Heating
  • Wood Flooring
  • Wood Siding

About This Home

As of January 2013

**STANDARD SALE - FHA/VA/Conv/Cash Ready** MUST SEE! HIGH Income Triplex Remodeled in excellent area of Mid-City with 2 houses on a lot!!! All new paint inside and out. All units are spacious and have granite countertops in kitchen with washer/dryer hookups. New flooring. Beautiful dark wood laminate throughout living areas with tile in kitchen and bathrooms. New quality carpet throughout bedrooms. Large lot with 2 Car Garage and long driveway. All new landscaping tomorrow (not pictured).

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 11/24/2012

Last Buyer's Agent

Eunice Park

RE/MAX Galaxy License #01359352

RE/MAX Galaxy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,401

Parking

  • 5 Parking Spaces

Home Design

  • Craftsman Architecture
  • Wood Siding

Interior Spaces

  • 2,187 Sq Ft Home
  • Decorative Fireplace
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Additional Features

  • 6,401 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1991
  • Assessor Parcel Number 5072029001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $4,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

6,401 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 9.32
  • View: No
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5072029001
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Flooring: Laminate, Carpet, Tile, Wood
  • Appliances: No
  • Fireplace Features: Decorative
  • Price Per Square Foot: 233.20

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6401.00
  • Lot Size Acres: 0.1470

Multi Family

  • Gross Income: 4000.00
  • Gross Multiplier: 10.73
  • Gross Scheduled Income: 48000.00
  • Net Operating Income: 48000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 67
  • Tax Lot: 1
  • Tax Tract Number: 1991

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Glasauer Bernard H and Jeong Mee
Bought by
Glasauer Bernard H and Glasauer Jeong Mee
Current Estimated Value
$1,082,052

Purchase Details

Closed on
Jul 29, 2024
Sold by
Young Lee Eun
Bought by
Lee Junyoung

Purchase Details

Closed on
Jul 18, 2024
Sold by
Glasauer Bernard H and Jeong Mee
Bought by
Glasauer Bernard H and Glasauer Jeong Mee

Purchase Details

Closed on
Oct 1, 2020
Sold by
Kim Jung Sook
Bought by
Lee Taeseong and Kim Jung Sook

Purchase Details

Closed on
Dec 30, 2019
Sold by
Lee Taeseog
Bought by
Kim Jung Sook

Purchase Details

Closed on
Feb 26, 2014
Sold by
Glasauer Bernard H and Glasauer Jeong Mee
Bought by
Glasauer Bernard H and Glasauer Jeong Mee

Purchase Details

Listed on
Nov 24, 2012
Closed on
Dec 12, 2012
Sold by
Reme Holdings Llc
Bought by
Glasauer Bernard H and Glasuer Jeong Mee
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Eunice Park
RE/MAX Galaxy
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$382,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2012
Sold by
Choi Jun Won
Bought by
Reme Holdings Llc

Purchase Details

Closed on
Dec 18, 2002
Sold by
Park Namhee
Bought by
Choi Jun Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
7.99%

Purchase Details

Closed on
Jul 30, 2001
Sold by
Hud
Bought by
Park Namhee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,999
Interest Rate
7.48%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Nov 22, 2000
Sold by
Guzman Javier and Sanchez Miguel
Bought by
Fleet Mtg Corp

Purchase Details

Closed on
Sep 21, 1998
Sold by
Jackson Levester and Jackson Matilda
Bought by
Guzman Javier and Sanchez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,609
Interest Rate
6.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Glasauer Bernard H -- --
Lee Junyoung -- --
Lee Junyoung -- --
Glasauer Bernard H -- --
Lee Taeseong -- Accommodation
Kim Jung Sook -- Accommodation
Glasauer Bernard H -- None Available
Glasauer Bernard H $510,000 Ticor Title Company
Reme Holdings Llc $323,000 None Available
Choi Jun Won $319,000 American Title
Park Namhee $212,500 Fidelity Title
Hud -- --
Fleet Mtg Corp $202,901 First Southwestern Title
Guzman Javier $180,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glasauer Bernard H $382,500
Previous Owner Choi Jun Won $271,000
Previous Owner Park Namhee $190,999
Previous Owner Guzman Javier $175,609
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2013 01/22/13 Sold $510,000 +2.2% $233 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
11/24/2012 11/24/12 For Sale $499,000 -- $228 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,247 $914,000 $653,963 $260,037
2024 $8,247 $647,360 $448,710 $198,650
2023 $8,096 $634,667 $439,912 $194,755
2022 $7,735 $622,224 $431,287 $190,937
2021 $7,632 $610,025 $422,831 $187,194
2020 $7,706 $603,771 $418,496 $185,275
2019 $7,411 $591,934 $410,291 $181,643
2018 $7,253 $580,329 $402,247 $178,082
2016 $6,928 $557,796 $386,628 $171,168
2015 $6,829 $549,418 $380,821 $168,597
2014 $6,548 $512,315 $381,725 $130,590
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bret Lewis

    Bret Lewis, Broker

    (480) 225-6616

    61 Total Sales

    Bret Lewis
    Section Image
  • Eunice Park

    Buyer's Agent in 2013

    Eunice Park

    RE/MAX

    (909) 973-0799

    16 Total Sales

    Eunice Park
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P841781

California Regional Multiple Listing Service (CRMLS)

APN: 5072-029-001

California Los Angeles County Los Angeles 90019 Arlington Heights

1709 3rd Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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