NOT LISTED FOR SALE

1817 W 12th St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,350,000 - $1,927,836

7 Beds
6 Baths
3,379 Sq Ft
$505/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $1,520,000 $450 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,787/month

132 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • 5-minute walk to Alvarado Terrace Park
  • Central Heating

About This Home

As of August 2018

Spacious front yard. Recently built are two separate detached homes with two attached 2 car garage for each home. Conveniently located in Downtown LA. Beautiful open living room to kitchen floor plan with plenty of natural light. Laminate wood floors throughout the house and stylish ceramic tile floors in all bathrooms. Large, open kitchen with microwave oven and dishwasher. Laundry located off the 2nd floor hallway. Recessed lighting as well as fire water sprinkler systems throughout the house. Dual pane windows. Gated. Within walking distance to Staple Center, LA Convention Center, Microsoft Theater, Ritz-Carlton, numerous restaurants and shopping.

1815 & 1817 E. 12th Street are two single family homes on 1 lot. Front unit is 3 bedrooms and 2.5 baths the back unit has 4 bedrooms and 3 baths.

Last Agent to Sell the Property

Douglas Olsen

Olsen Realty License #01928821 Listed on: 02/14/2018

Last Buyer's Agent

Sunny Kim

New Star Realty & Investment License #01740468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,422

Year Built

  • Built in 2016

Lot Details

  • 6,251 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 3,379 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Additional Features

  • Urban Location
  • Central Heating

Community Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2098
  • Assessor Parcel Number 5136021008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,422

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 9495330787
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5136021008
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 449.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6251.00

Multi Family

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

Tax Info

  • Tax Census Tract: 2098.20
  • Tax Lot: 11
  • Tax Tract Number: 2098.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Noh Grace
Bought by
Noh Living Trust and Noh
Current Estimated Value
$1,706,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,960
Outstanding Balance
$358,832
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$1,348,127

Purchase Details

Closed on
Aug 28, 2020
Sold by
Noh Grace
Bought by
Noh Grace

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jul 11, 2018
Sold by
Song Chachoon and Song Booyeon
Bought by
Noh Grace
Seller's Agent
Douglas Olsen
Olsen Realty
Buyer's Agent
Sunny Kim
New Star Realty & Investment
List Price
$150,000
Sold Price
$1,520,000
Premium/Discount to List
$1,370,000
913.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.63%
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2018
Closed on
Jun 29, 2018
Sold by
Js Song Inc
Bought by
Song Chaehoon and Song Booyeon
Seller's Agent
Douglas Olsen
Olsen Realty
Buyer's Agent
Sunny Kim
New Star Realty & Investment
List Price
$150,000
Sold Price
$1,520,000
Premium/Discount to List
$1,370,000
913.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2016
Sold by
Song Chachoon and Song Booyeon
Bought by
Js Song Incorporated

Purchase Details

Closed on
Feb 23, 2016
Sold by
Ocean Development Inc
Bought by
Song Chaehoon and Song Booyeon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,775
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2014
Sold by
Nyhagen Dennis A and 207 Eileen Nyhagen Revocable T
Bought by
Ocean Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2007
Sold by
Nyhagen Eileen J
Bought by
Nyhagen Dennis A and 2007 Eileen Nyhagen Revocable
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
Noh Living Trust -- None Listed On Document
Noh Grace -- None Listed On Document
Noh Grace -- None Available
Noh Grace $1,520,000 Stewart Title Company
Song Chaehoon -- None Available
Js Song Incorporated -- Accommodation
Song Chaehoon $1,100,000 Lawyers Title
Ocean Development Inc $215,000 Lawyers Title
Nyhagen Dennis A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noh Grace $466,960
Previous Owner Noh Grace $500,000
Previous Owner Song Chaehoon $800,775
Previous Owner Ocean Development Inc $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $1,520,000 0.0% $450 / Sq Ft
06/13/2018 06/13/18 Off Market $1,520,000 -- --
06/04/2018 06/04/18 Price Changed $1,550,000 -13.9% $459 / Sq Ft
02/24/2018 02/24/18 Price Changed $1,800,000 +20.0% $533 / Sq Ft
02/15/2018 02/15/18 Price Changed $1,500,000 +900.0% $444 / Sq Ft
02/14/2018 02/14/18 For Sale $150,000 0.0% $44 / Sq Ft
05/02/2016 05/02/16 Rented $3,700 0.0% --
03/22/2016 03/22/16 Price Changed $3,700 -7.5% $2 / Sq Ft
03/05/2016 03/05/16 Price Changed $4,000 -11.1% $2 / Sq Ft
03/02/2016 03/02/16 For Rent $4,500 -- --
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 $20,422 $1,695,583 $1,227,068 $468,515
2024 $20,422 $1,662,337 $1,203,008 $459,329
2023 $20,030 $1,629,743 $1,179,420 $450,323
2022 $19,102 $1,597,789 $1,156,295 $441,494
2021 $18,861 $1,566,461 $1,133,623 $432,838
2020 $19,055 $1,550,400 $1,122,000 $428,400
2019 $18,297 $1,520,000 $1,100,000 $420,000
2018 $14,024 $1,144,440 $676,260 $468,180
2017 $13,722 $1,122,000 $663,000 $459,000
2016 $7,604 $613,908 $218,278 $395,630
2015 $2,759 $215,000 $215,000 $0
2014 $575 $37,040 $30,975 $6,065
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Douglas Olsen

    Olsen Realty

    (949) 533-0787

    7 Total Sales

    Douglas Olsen
    Section Image
  • Sunny Kim

    Buyer's Agent in 2018

    Sunny Kim

    New Star Realty & Investment

    (949) 873-1380

    27 Total Sales

    Sunny Kim
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18035683

California Regional Multiple Listing Service (CRMLS)

APN: 5136-021-008

California Los Angeles County Los Angeles 90006 Pico-Union

1817 W 12th St, Los Angeles, CA

This home is located at 1817 W 12th St, Los Angeles, CA 90006 since 14 February 2018 and is currently estimated at $1,706,959, approximately $505 per square foot. This property was built in 2016. 1817 W 12th St is a home located in Los Angeles County with nearby schools including Tenth Street Elementary School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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