NOT LISTED FOR SALE

1817 S Highland Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,749,769 - $1,820,000

6 Beds
6 Baths
3,479 Sq Ft
$513/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $1,690,000 $486 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $11,961/month

11 Days on Market

Highlights

  • Views
  • Tile Flooring
  • Laundry Facilities

About This Home

As of April 2023

An exciting investment a completely renovated 6-unit, modern complex zoned RD1.5 and is located in an opportunity zone. Complete transformed in late 2017, the property has six (6) 1 bedroom/ 1 bath units - all spacious and bright. The units have new and recently serviced stainless steel appliances. Four units have their own garage. The units are individually metered for both gas and electricity. All have similar sizes and attractive floor plans. This fantastic, trophy property, situated in a fantastic, central location, is full of opportunity. Wonderful tenants. Incredible rent comps are being achieved in this neighborhood, driven largely by the talent from the surrounding medical and tech hubs providing high-paying, stable employment. Just a few blocks from Target and Sprouts Market. Centrally located in Mid-City with easy access to Downtown, beaches, LACMA and Hollywood. ***See DOCS Section for OM

Last Agent to Sell the Property

Jeremy Kaiser

Compass License #01725819 Listed on: 03/13/2023

Compass

Co-Listed By

Alyse Livingston

Compass License #01968030

Last Buyer's Agent

Nicolas Yoon

GAIA License #02153694

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,628

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 6,243 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 3,479 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Property Views

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5067-013-004

Community Details

Overview

  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,628

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3479
  • Lot Acreage: 0.1433
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile, Mixed
  • Bedrooms: 6
  • Laundry: Community
  • Total Bathrooms: 6.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 474.27

Exterior Features

  • Other Structures: None
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage Is Attached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Percent: 35.00
  • Assessed Improvement Value: 735824
  • Assessed Land Percent: 65
  • Assessed Land Value: 1366531
  • Total Assessed Value: 2102355
  • Assessor Parcel Number: 5067-013-004
  • Lot Size Area: 6243

Rental Info

  • Total Actual Rent: 126720.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 12.76
  • Number Of Units: 6
  • Total Annual Expense: 39956
  • Type Of Units: 1 Bed 1 Bath
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Apr 10, 2023
Sold by
Mouyiaris Maxine
Bought by
Isl Investment Llc
Seller's Agent
Jeremy Kaiser
Compass
Buyer's Agent
Nicolas Yoon
GAIA
List Price
$1,650,000
Sold Price
$1,690,000
Premium/Discount to List
$40,000
2.42%
Views
54
Current Estimated Value
$1,855,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,484
Avg. Annual Appreciation
4.78%

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 23, 2018
Sold by
Pd2 Llc
Bought by
Petiton Kim and Mouyiaris Maxine
Seller's Agent
Cassandra Corum
Cassandra Corum
Buyer's Agent
Courtney Poulos
ACME Real Estate
List Price
$2,000,000
Sold Price
$2,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.58%

Purchase Details

Listed on
Nov 8, 2016
Closed on
Jan 12, 2017
Sold by
Gk Housing Llc
Bought by
Pd 2 Llc
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Cassandra Corum
Cassandra Corum
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.33%
Original Mortgage
$1,230,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2016
Sold by
Christian Mary
Bought by
Gk Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2005
Sold by
Ferman Jaime A and Ferman Blanca E
Bought by
Christian Fred and Christian Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 1996
Sold by
Evans Sue Carl
Bought by
Ferman Jaime A and Ferman Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,176
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1994
Sold by
Evans Louis
Bought by
Evans Sue Carol
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
Isl Investment Llc $1,690,000 None Listed On Document
Petiton Kim $2,000,000 Lawyers Title
Pd 2 Llc $1,400,000 North Arnerican Title Co
Gk Housing Llc $1,065,000 North American Title
Christian Fred $675,000 Security Union Title Ins Co
Ferman Jaime A $200,000 Commonwealth Land Title
Evans Sue Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pd 2 Llc $1,230,000
Previous Owner Gk Housing Llc $750,000
Previous Owner Christian Fred $75,000
Previous Owner Christian Fred $540,000
Previous Owner Ferman Jaime A $194,176
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $1,690,000 +2.4% $486 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $1,650,000 -17.5% $474 / Sq Ft
08/31/2018 08/31/18 Sold $2,000,000 0.0% $575 / Sq Ft
07/18/2018 07/18/18 For Sale $2,000,000 +42.9% $575 / Sq Ft
02/02/2017 02/02/17 Sold $1,400,000 0.0% $402 / Sq Ft
12/06/2016 12/06/16 Price Changed $1,399,999 0.0% $402 / Sq Ft
12/05/2016 12/05/16 Price Changed $1,400,000 +0.1% $402 / Sq Ft
12/03/2016 12/03/16 Price Changed $1,399,000 -0.1% $402 / Sq Ft
11/08/2016 11/08/16 For Sale $1,400,000 +31.5% $402 / Sq Ft
10/14/2016 10/14/16 Sold $1,065,000 -7.4% $306 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,150,000 -- $331 / 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 $21,628 $1,758,276 $988,380 $769,896
2024 $21,628 $1,723,800 $969,000 $754,800
2023 $26,671 $2,144,401 $1,393,861 $750,540
2022 $25,452 $2,102,355 $1,366,531 $735,824
2021 $25,142 $2,061,134 $1,339,737 $721,397
2019 $24,412 $2,000,000 $1,300,000 $700,000
2018 $17,886 $1,428,000 $1,020,000 $408,000
2016 $9,996 $779,218 $577,201 $202,017
2015 $9,858 $767,514 $568,531 $198,983
2014 $9,926 $752,481 $557,395 $195,086
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Kaiser

    Seller's Agent in 2023

    Jeremy Kaiser

    Compass

    (626) 788-3013

    1 in this area

    38 Total Sales

    Section Image
  • Alyse Livingston

    Seller Co-Listing Agent in 2023

    Alyse Livingston

    Compass

    (310) 617-1608

    1 in this area

    38 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Nicolas Yoon

    GAIA

    Section Image
  • Jessica Shin

    Buyer Co-Listing Agent in 2023

    Jessica Shin

    GAIA

    (310) 866-9978

    1 in this area

    43 Total Sales

    Section Image

  • C

    Seller's Agent in 2018

    Cassandra Corum

    Cassandra Corum

    Section Image
  • Courtney Poulos

    Buyer's Agent in 2018

    Courtney Poulos

    ACME Real Estate

    (323) 919-0375

    5 in this area

    230 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-231931

The MLS

APN: 5067-013-004

California Los Angeles County Los Angeles 90019 Mid-City

1817 S Highland Ave, Los Angeles, CA

This home is located at 1817 S Highland Ave, Los Angeles, CA 90019 since 13 March 2023 and is currently estimated at $1,784,885, approximately $513 per square foot. This property was built in 1947. 1817 S Highland Ave is a home located in Los Angeles County with nearby schools including Alta Loma Elementary, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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