NOT LISTED FOR SALE

Estimated Value: $1,472,000 - $3,081,000

5 Beds
5 Baths
1,850 Sq Ft
$1,370/Sq Ft Est. Value

Highlights

  • Main Floor Primary Bedroom
  • Neighborhood Views
  • Laundry Room
  • No HOA
  • Living Room
  • Central Air

About This Home

As of July 2022

Welcome to this beautiful 3 level condo for lease in the highly sought out area of Los Angeles. Unit offers 5 bedrooms and 5 bathrooms total. Ground level 1 bed 1 bath jr suite. 2nd level living room remodeled kitchen 1 bed 1 bath, bath equipped with 2 doors one leading to guest room and other leading to living room. 3rd level offers 2 jr suites 1 bed 1 bath each and 1 additional bed and bath. Just minutes West of Crypto Center, minutes North of USC, close to Korea town and just outside of Hollywood, Melrose. This property is one of four units fully renovated and remodeled and currently available for lease. Each unit offering 1,850sqft fully upgraded offering new flooring, entirely new bathroom including vanity, shower, tub, fixtures paint and more. New canned led recessed lighting throughout, smooth finishes and fully upgraded kitchen new cabinets, granite counter tops and stainless steel appliances. New wiring, electrical, tankless water heater, plumbing and structural integrity all fully redone.

Last Agent to Rent the Property

Josh Merideth

BHHS LIFESTYLE PROPERTIES License #01971155 Listed on: 06/15/2022

BHHS LIFESTYLE PROPERTIES

Last Renter's Agent

Michael Zokai

eXp Realty of California Inc License #02104059

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,811

Year Built

  • Built in 2022

Lot Details

  • 6,597 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Quadruplex

Interior Spaces

  • 1,850 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • 5 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $6,250
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 6/15/22
  • Tax Lot 23
  • Tax Tract Number 221120
  • Assessor Parcel Number 5056016015

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,811

Year Built

Built in 2022

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-06-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 250
  • Deposit Security: 6250
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 12760.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 5056016015
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1850.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.20
  • Room Type: Kitchen, Living Room, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6597.00
  • Lot Size Acres: 0.1514

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6597.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Census Tract: 2211.20
  • Tax Lot: 23
  • Tax Tract Number: 221120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Hwang Jee Hee
Bought by
A & I Home Llc
Current Estimated Value
$2,288,548

Purchase Details

Closed on
Aug 16, 2023
Sold by
Kim Sung Hyun
Bought by
Hwang Jee Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2023
Sold by
New Ventures Inc and Maria Olmos & Associates Llc
Bought by
Hwang Jee Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2022
Sold by
New Ventures Inc
Bought by
New Ventures Inc

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 13, 2022
Sold by
New Ventures Inc
Bought by
New Ventures Inc
Seller's Agent
Josh Merideth
BHHS LIFESTYLE PROPERTIES
Buyer's Agent
Michael Zokai
eXp Realty of California Inc
Sold Price
$5,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,224,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2021
Sold by
New Ventures Inc
Bought by
New Ventures Inc

Purchase Details

Closed on
Apr 16, 2021
Sold by
Medscom Property Development Inc
Bought by
New Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2019
Sold by
1821 New England Llc
Bought by
New Ventures Inc and Medscom Property 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
$793,724
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 21, 2019
Sold by
Yeo Sung Woo
Bought by
1821 New England Llc

Purchase Details

Closed on
Nov 2, 2017
Sold by
Urrego Laureano
Bought by
Yeo Sung Woo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,300
Interest Rate
3.85%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2004
Sold by
Unlimited Properties Llc
Bought by
Urrego Laurenao and Urrego Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2004
Sold by
Urrego Laureano
Bought by
Unlimited Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2000
Sold by
Valtierra Maria
Bought by
Urrego Laureano and Urrego Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,987
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 1998
Sold by
Valtierra Maria
Bought by
Valtierra Carlos and Valtierra Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,395
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 1996
Sold by
Valtierra Julio
Bought by
Salazar Maria Dolores and Salazar Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.92%
Source: Public Records

Range of Values:

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Average Value
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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
A & I Home Llc -- Accommodation/Courtesy Recordi
Hwang Jee Hee -- Corinthian Title
Hwang Jee Hee $2,950,000 Corinthian Title
New Ventures Inc -- Accommodation/Courtesy Recordi
New Ventures Inc -- Clearmark Title
New Ventures Inc -- None Available
New Ventures Inc -- Wfg National Title Co Of Ca
New Ventures Inc $750,000 Ticor Title
1821 New England Llc -- Ticor Title Co Of California
Yeo Sung Woo $519,000 Provident Title Company
Urrego Laurenao -- --
Unlimited Properties Llc -- United Title Company Orange
Urrego Laureano $195,000 Equity Title
Valtierra Carlos -- Investors Title Company
Valtierra Maria -- Investors Title Company
Salazar Maria Dolores $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & I Home Llc $1,763,000
Previous Owner Hwang Jee Hee $1,770,000
Previous Owner New Ventures Inc $2,224,000
Previous Owner New Ventures Inc $1,950,000
Previous Owner New Ventures Inc $793,724
Previous Owner Yeo Sung Woo $363,300
Previous Owner Urrego Laureano $595,000
Previous Owner Urrego Laureano $75,000
Previous Owner Urrego Laureano $50,000
Previous Owner Urrego Laureano $460,000
Previous Owner Urrego Laureano $388,500
Previous Owner Urrego Laureano $340,000
Previous Owner Urrego Laureano $219,000
Previous Owner Urrego Laureano $191,987
Previous Owner Valtierra Carlos $163,395
Previous Owner Salazar Maria Dolores $147,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Rented $5,925 0.0% --
07/15/2022 07/15/22 Under Contract -- -- --
07/07/2022 07/07/22 Price Changed $5,925 -5.2% $3 / Sq Ft
06/15/2022 06/15/22 For Rent $6,250 -- --
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 $35,811 $3,009,000 $1,530,000 $1,479,000
2024 $35,811 $2,950,000 $1,500,000 $1,450,000
2023 $11,820 $950,124 $702,583 $247,541
2022 $13,086 $1,086,594 $944,396 $142,198
2021 $9,485 $772,924 $515,283 $257,641
2020 $9,579 $765,000 $510,000 $255,000
2019 $2,639 $529,380 $408,000 $121,380
2018 $6,490 $519,000 $400,000 $119,000
2017 $3,861 $306,884 $207,729 $99,155
2016 $3,751 $300,867 $203,656 $97,211
2015 $3,697 $296,348 $200,597 $95,751
2014 $3,722 $290,544 $196,668 $93,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22130034

California Regional Multiple Listing Service (CRMLS)

APN: 5056-016-015