NOT LISTED FOR SALE

Estimated Value: $858,000 - $1,057,000

8 Beds
4 Baths
3,177 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2022

Last sale price $850,000 $268 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,304 / mo

56 Days on Market

Highlights

  • Bathtub with Shower
  • 4 Attached Carport Spaces
  • Forced Air Heating System
  • Ceramic Tile Flooring

About This Home

As of December 2022

Court Confirmation & Overbid Hearing scheduled for December 6th - All interested overbidders wanting to participate must contact listing agents to register by December 3rd. Amazing investment opportunity in West Adams! 1820 Menlo Ave is a triplex that consists of 3,177 SQ. FT. and is comprised of Two (3) Bed + 1.5 Bath units, (1) 2 Bed + 1 Bath unit. The units are large and range from 950 sqft to 1,115 sqft, each with assigned parking and equipped with washer & dryer hookups. This property, built in 1983, is located just south of Koreatown and Pico-Union in the West Adams neighborhood. West Adams is a rapidly gentrifying area where young professionals and creative types pay a premium to live.

Last Agent to Sell the Property

Megan Husri

Keller Williams Studio City License #02089901 Listed on: 09/09/2022

Keller Williams Studio City

Co-Listed By

David Weinberger

Keller Williams Studio City License #01349349

Last Buyer's Agent

Kay Han

High Equity Real Estate Service, Inc. License #01479138

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 6,055

Home Design

  • 3,177 Sq Ft Home

Kitchen

  • Oven
  • Gas and Electric Range

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Parking

  • 6 Parking Spaces
  • 4 Attached Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Additional Features

  • Laundry in unit
  • 6,055 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5056-021-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

6,055 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3177
  • Lot Acreage: 0.1390
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Laminate, Ceramic Tile
  • Appliances: Oven, Gas/Electric Range
  • Bedrooms: 8
  • Bathroom Features: Shower Over Tub, Tile
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 311.61

Exterior Features

  • Other Structures: None

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Carport Attached
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Percent: 70.84
  • Assessed Improvement Value: 283269
  • Assessed Land Percent: 29.16
  • Assessed Land Value: 116628
  • Total Assessed Value: 399897
  • Assessor Parcel Number: 5056-021-005
  • Lot Size Area: 6055

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.30
  • Number Of Units: 3
  • Type Of Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Dec 12, 2022
Sold by
Mosier Robert P
Bought by
Seller's Agent
Megan Husri
Keller Williams Studio City
Buyer's Agent
Kay Han
High Equity Real Estate Service, Inc.
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%
Views
24
Current Estimated Value
$979,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,996
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Apr 28, 2021
Sold by
Poon Wayne and Poon Rita
Bought by
Wang David and Wang Sandy

Purchase Details

Closed on
Apr 28, 2017
Sold by
Wayne And Rita Poon Living Trust and Poon Wayne
Bought by
Wayne And Rita Poon Living Trust and Poon

Purchase Details

Closed on
Oct 28, 2016
Sold by
Poon Wayne and Poon Rita
Bought by
The Wayne & Rita Poon Living Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pico-Union, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Orange Coast Title
Wang David -- Accommodation
Wayne And Rita Poon Living Trust -- Accommodation/Courtesy Recordi
The Wayne & Rita Poon Living Trust -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $577,000
Previous Owner Poon Wayne $158,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $850,000 -14.1% $268 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $990,000 -13.9% $312 / Sq Ft
09/09/2022 09/09/22 For Sale $1,150,000 -- $362 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,071 $902,026 $588,970 $313,056
2025 $11,071 $884,340 $577,422 $306,918
2024 $10,923 $867,000 $566,100 $300,900
2023 $10,720 $850,000 $555,000 $295,000
2022 $11,519 $943,446 $603,475 $339,971
2021 $5,195 $399,897 $116,628 $283,269
2020 $5,242 $395,798 $115,433 $280,365
2019 $5,049 $388,038 $113,170 $274,868
2018 $4,920 $380,430 $110,951 $269,479
2016 $4,681 $365,660 $106,644 $259,016
2015 $4,616 $360,169 $105,043 $255,126
2014 $4,651 $353,115 $102,986 $250,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-198135

The MLS

APN: 5056-021-005

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