Seller's Agent in 2020
Eric Cuevas
Bauhaus Group
(310) 304-1949
4 Total Sales
1818 S Harvard Blvd Los Angeles, CA 90006
Harvard Heights NeighborhoodEstimated Value: $1,293,731 - $1,716,000
6
Beds
4
Baths
2,956
Sq Ft
$508/Sq Ft
Est. Value
About This Home
As of October 2020***Large Reduction, Priced To Sell***We are proud to present this completely redone duplex in Koreatown. Both units are comprised of 3 bedrooms and 2 bathrooms each; One unit has 2 bonus rooms. All units include master bedrooms, large closets, white shaker cabinets, quartz counter tops, and every bathroom designed beautifully with attractive tile; The bottom unit even comes with a faux fireplace at the mantle. Every unit has central air, heat, and is equipped with a washer and dryer hookup. The top unit also has two bonus rooms in the attic. Additionally, each unit is separately metered and tenants can be responsible for all utilities. This property can be ideal for an owner user, looking to live in one unit and have rental support for the mortgage. With interest rates currently dropping, this can be ideal. The property is designed to require low upkeep and minimal owner involvement in daily operations should this be an investment property.
There is ample space in the rear for waste/trash management, and enough space to park 4 cars comfortably. Again, these units were taken down to studs and have been completely redone with Los Angeles city permits. New plumbing, electrical, drywall, paint, and cabinets. Feel assured that this property with its historic looking exterior is equipped with its brand new fixtures and parts. Priced to sell quickly.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,124
Year Built
- Built in 1906
Lot Details
- 5,839 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Property Attached
- Composition Roof
Interior Spaces
- 2,956 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Additional Features
- Rain Gutters
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 77
- Assessor Parcel Number 5074023007
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $2,200
- Maintenance Expense $1,800
- New Taxes Expense $17,340
- Operating Expense $22,540
- Gross Income $72,459
- Net Operating Income $49,919
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2020
Closed on
Sep 30, 2020
Sold by
Abmtb Properties Llc
Bought by
Wang Alex Z
Seller's Agent
Eric Cuevas
Bauhaus Group
Buyer's Agent
Young Pak
UNIMAX Realty
List Price
$1,445,000
Sold Price
$1,075,000
Premium/Discount to List
-$370,000
-25.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,433
Avg. Annual Appreciation
6.88%
Original Mortgage
$997,480
Outstanding Balance
$887,205
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$613,228
Purchase Details
Listed on
Jun 22, 2017
Closed on
Dec 27, 2017
Sold by
Ji James Chon
Bought by
Abmtb Properties Llc
Seller's Agent
Karen Ji
Masters Realty Eastern Group
Buyer's Agent
OUT OF AREA TRI COUNTY
OUTSIDE OFFICE
List Price
$509,000
Sold Price
$620,000
Premium/Discount to List
$111,000
21.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.07%
Purchase Details
Closed on
Dec 27, 2004
Sold by
Ji James Chon
Bought by
Ji James Chon and Ji Maria
Purchase Details
Closed on
Sep 8, 2003
Sold by
Lee Angie S
Bought by
Ji Jae Chon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2003
Sold by
Countrywide Home Loans Inc
Bought by
Lee Angie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 31, 2002
Sold by
Burns Alice
Bought by
Countrywide Home Loans
Purchase Details
Closed on
Jan 4, 2001
Sold by
Burns Amos
Bought by
Burns Alice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
9%
Purchase Details
Closed on
Dec 28, 2000
Sold by
Knott Curtis E
Bought by
Burns Alice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
9%
Purchase Details
Closed on
May 1, 2000
Sold by
Domenzain Rafael
Bought by
Knott Curtis E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Alex Z | $1,075,000 | Western Resources Title | |
| Abmtb Properties Llc | $620,000 | First American Title Company | |
| Ji James Chon | -- | Stewart Title Company | |
| Ji Jae Chon | $610,000 | Landsafe Title | |
| Lee Angie S | -- | Landsafe Title | |
| Countrywide Home Loans | $278,000 | -- | |
| Burns Alice | -- | Commonwealth Land Title | |
| Burns Alice | $310,000 | Commonwealth Title | |
| Knott Curtis E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Alex Z | $997,480 | |
| Previous Owner | Ji Jae Chon | $488,000 | |
| Previous Owner | Lee Angie S | $332,000 | |
| Previous Owner | Burns Alice | $248,000 | |
| Closed | Burns Alice | $62,000 | |
| Closed | Lee Angie S | $62,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $1,075,000 | -6.1% | $364 / Sq Ft | |
| 08/24/2020 08/24/20 | Pending | -- | -- | -- | |
| 07/12/2020 07/12/20 | Price Changed | $1,144,500 | -11.6% | $387 / Sq Ft | |
| 06/18/2020 06/18/20 | Price Changed | $1,295,000 | -10.4% | $438 / Sq Ft | |
| 03/10/2020 03/10/20 | For Sale | $1,445,000 | +133.1% | $489 / Sq Ft | |
| 01/12/2018 01/12/18 | Sold | $620,000 | 0.0% | $210 / Sq Ft | View Prior Sale |
| 01/08/2018 01/08/18 | Off Market | $620,000 | -- | -- | |
| 01/02/2018 01/02/18 | Price Changed | $620,000 | +21.8% | $210 / Sq Ft | |
| 01/02/2018 01/02/18 | For Sale | $509,000 | 0.0% | $172 / Sq Ft | |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- | |
| 06/22/2017 06/22/17 | For Sale | $509,000 | -- | $172 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,124 | $1,163,613 | $730,641 | $432,972 |
| 2024 | $14,124 | $1,140,798 | $716,315 | $424,483 |
| 2023 | $13,856 | $1,118,430 | $702,270 | $416,160 |
| 2022 | $13,219 | $1,096,500 | $688,500 | $408,000 |
| 2021 | $13,047 | $1,075,000 | $675,000 | $400,000 |
| 2019 | $9,087 | $739,500 | $535,500 | $204,000 |
| 2018 | $7,776 | $624,774 | $424,848 | $199,926 |
| 2016 | $7,416 | $600,514 | $408,351 | $192,163 |
| 2015 | $7,310 | $591,495 | $402,218 | $189,277 |
| 2014 | $7,072 | $558,000 | $380,000 | $178,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Cuevas
-
Mario Mariscal
Seller Co-Listing Agent in 2020
Mario Mariscal
Better Homes and Gardens RE
(562) 673-2226
142 Total Sales
-
Young Pak
Y
Buyer's Agent in 2020
Young Pak
UNIMAX Realty
(323) 432-7780
3 Total Sales
-
K
Seller's Agent in 2018
Karen Ji
Masters Realty Eastern Group
-
O
Buyer's Agent in 2018
OUT OF AREA TRI COUNTY
OUTSIDE OFFICE
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20057833
APN: 5074-023-007
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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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