$420,000
SOLD DEC 8, 2016
4 Beds
2 Baths
1,048 Sq Ft
3,959 Sq Ft Lot

Recently Sold

$401 Per Sq Ft

36 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 2-minute walk to Expo/Western
  • Back and Front Yard
  • No HOA

About This Home

As of March 2022

Great opportunity! Property was bought as and is being used as a single family residence with 4 bedrooms and 2 baths, building SQ FT 1,048 lot size 3,959 SQ FT, however it is registered with LA City as being 2 units, buyer to verify. Centrally located and in the heart of Los Angeles, near Downtown, Korea town, Hollywood, Mid-Wilshire, metro line and USC. A very desirable and up and coming neighborhood.

Last Agent to Sell the Property

ARNOLDO LINARES

ARNOLDO LINARES, BROKER License #01203017 Listed on: 08/17/2016

Last Buyer's Agent

Jacqueline Avelar

ROA California Inc. License #01257986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,329

Year Built

  • Built in 1924

Lot Details

  • 3,959 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • 1,048 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • Parking Available
  • Driveway

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 126
  • Tax Tract Number 4014
  • Assessor Parcel Number 5041035017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,329

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5041035017
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 400.76
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 3959.00
  • Price Per Lot Square Foot: 105.83

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 126
  • Tax Tract Number: 4014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Mar 8, 2022
Sold by
Hong Cho Seung and Won Jung
Bought by
Parker Levi
Seller's Agent
KATE AHN
Dream Realty & Investments Inc
Buyer's Agent
Tyler Keckeisen
Realty ONE Group United
List Price
$840,000
Sold Price
$810,000
Premium/Discount to List
-$30,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$810,000
Outstanding Balance
$762,187
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$112,155

Purchase Details

Listed on
Jun 28, 2019
Closed on
Aug 6, 2019
Sold by
Gabriel Constantino
Bought by
Cho Seung Hong and Cho Jung Won
Seller's Agent
Carlos Castaneda
Townsquare Real Estate Partners Inc.
Buyer's Agent
Kyu Cha
Dream Realty & Investments Inc
List Price
$498,000
Sold Price
$527,500
Premium/Discount to List
$29,500
5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$416,700
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Montejo Salvador Chinchilla
Bought by
Gabriel Constantino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,392
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2002
Sold by
Linares Marta Dinora
Bought by
Montejo Salvador Chinchilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,800
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $810,000 Provident Title
Grant Deed $527,500 Old Republic Title Company
Grant Deed $420,000 Provident Title Company
Interfamily Deed Transfer -- American Title Co
Interfamily Deed Transfer -- American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $810,000 VA
Previous Owner $416,700 New Conventional
Previous Owner $412,392 FHA
Previous Owner $170,000 Credit Line Revolving
Previous Owner $148,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $127,000 Unknown
Previous Owner $122,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $843,000 +4.1% $463 / Sq Ft
03/15/2022 03/15/22 Sold $810,000 -3.6% $773 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/20/2022 01/20/22 Price Changed $840,000 0.0% $802 / Sq Ft
01/20/2022 01/20/22 For Sale $840,000 +3.7% $802 / Sq Ft
01/07/2022 01/07/22 Off Market $810,000 -- --
01/07/2022 01/07/22 For Sale $799,000 -1.4% $762 / Sq Ft
12/08/2021 12/08/21 Off Market $810,000 -- --
08/25/2021 08/25/21 Price Changed $799,000 -6.0% $762 / Sq Ft
08/11/2021 08/11/21 For Sale $850,000 +4.9% $811 / Sq Ft
08/09/2021 08/09/21 Off Market $810,000 -- --
08/02/2021 08/02/21 For Sale $850,000 0.0% $811 / Sq Ft
04/10/2020 04/10/20 Rented $2,600 +4.0% --
04/02/2020 04/02/20 Price Changed $2,500 -3.8% $2 / Sq Ft
03/19/2020 03/19/20 For Rent $2,600 0.0% --
08/16/2019 08/16/19 Sold $527,500 +5.9% $503 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $498,000 +18.6% $475 / Sq Ft
12/08/2016 12/08/16 Sold $420,000 +0.2% $401 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $419,000 -- $400 / 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
2024 $10,329 $842,724 $624,240 $218,484
2023 $10,132 $826,200 $612,000 $214,200
2022 $6,558 $543,623 $389,038 $154,585
2021 $6,474 $532,964 $381,410 $151,554
2019 $5,341 $436,968 $260,100 $176,868
2018 $5,289 $428,400 $255,000 $173,400
2016 $2,325 $189,538 $125,367 $64,171
2015 $2,292 $186,692 $123,484 $63,208
2014 $2,312 $183,036 $121,066 $61,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16181545

California Regional Multiple Listing Service (CRMLS)

APN: 5041-035-017