NOT LISTED FOR SALE

1823 W 12th St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $851,690 - $1,098,000

2 Beds
2 Baths
1,590 Sq Ft
$622/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $540,000 $340 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,921/month

69 Days on Market

About This Home

As of February 2016

Super location to own a 2 unit income property located within walking distance of STAPLES CENTER ,LADT AND KOREA TOWN. Currently, owner occupied 1 unit the other one is vacant for the BUYER.This property will be delivery vacant. The most desired renting area as well. HPOZ in Pico-Union 2 Redevelopment Project Area.

Last Agent to Sell the Property

K Chang

The H Realty License #01722361 Listed on: 12/01/2015

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,843

Year Built

  • Built in 1905

Lot Details

  • 4,688 Sq Ft Lot

Home Design

  • 1,590 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Auto Driveway Gate

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5136-021-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,843

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1590
  • Probate: No
  • Year Built: 1905
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 345.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 155000
  • Assessed Land Value: 310000
  • Assessor Parcel Number: 5136-021-029
  • Geocode Override: No
  • Lot Size Area: 4688

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Feb 24, 2016
Sold by
Yazdi Amir and Moghaddam Hania
Bought by
Vista Bastian Estates Lp
Seller's Agent
K Chang
The H Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$989,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,673
Avg. Annual Appreciation
6.51%
Original Mortgage
$275,000
Outstanding Balance
$218,427
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$771,246

Purchase Details

Listed on
Dec 1, 2015
Closed on
Jan 21, 2016
Sold by
Lee Myung Hie
Bought by
Yazdi Amir and Moghaddam Hania
Seller's Agent
K Chang
The H Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$218,427
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$771,246

Purchase Details

Closed on
Jun 3, 2004
Sold by
Cho Hean Gyu
Bought by
Lee Myung Hie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 29, 2003
Sold by
Chun Chang Wook
Bought by
Cho Hean Gyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Cho Hae Yong
Bought by
Cho Hean Gyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Countrywide Home Loans Inc
Bought by
Chun Chang Wook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Felix Natividad Perez and Felix Josefina Perez
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 6, 2002
Sold by
Felix Natividad Perez and Felix Josefina Perez
Bought by
Felix Natividad Perez

Purchase Details

Closed on
Mar 24, 1999
Sold by
Cyprus Kip C
Bought by
Felix Natividad Perez and Felix Josefina Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,422
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 1998
Sold by
Cyprus Amy L
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.88%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Tiratsuyan Anait
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.88%

Purchase Details

Closed on
May 11, 1995
Sold by
Tiratsuyan Anahit
Bought by
Sanchez Fransisco Javier Cosio and Cnacon Aura Marina

Purchase Details

Closed on
Dec 9, 1994
Sold by
Hovakemian Gevork
Bought by
Tiratsuyan Anait

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.12%

Purchase Details

Closed on
May 13, 1994
Sold by
Hovakimian Serko S
Bought by
Hovakemian Gevork
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
Vista Bastian Estates Lp -- None Available
Yazdi Amir $540,000 None Available
Lee Myung Hie $450,000 --
Cho Hean Gyu $320,000 Chicago Title Co
Cho Hean Gyu -- --
Chun Chang Wook $240,000 Landsafe Title
Chun Chang Wook -- Landsafe Title
Countrywide Home Loans Inc $208,512 Landsafe Title
Felix Natividad Perez -- --
Felix Natividad Perez $193,000 Southland Title Company
Cyprus Kip C -- Southland Title Corporation
Cyprus Kip C $100,000 --
Sanchez Fransisco Javier Cosio -- --
Tiratsuyan Anait $160,000 Guardian Title Company
Hovakemian Gevork -- Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yazdi Amir $275,000
Previous Owner Lee Myung Hie $360,000
Previous Owner Cho Hean Gyu $287,000
Previous Owner Chun Chang Wook $180,000
Previous Owner Felix Natividad Perez $191,422
Previous Owner Cyprus Kip C $90,000
Previous Owner Tiratsuyan Anait $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $540,000 -1.8% $340 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $550,000 -- $346 / 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 $7,843 $639,241 $447,470 $191,771
2024 $7,843 $626,708 $438,697 $188,011
2023 $7,697 $614,421 $430,096 $184,325
2022 $7,348 $602,374 $421,663 $180,711
2021 $7,252 $590,564 $413,396 $177,168
2020 $7,325 $584,510 $409,158 $175,352
2019 $7,039 $573,050 $401,136 $171,914
2018 $6,931 $561,815 $393,271 $168,544
2016 $6,546 $540,463 $360,310 $180,153
2015 $5,647 $465,000 $310,000 $155,000
2014 $4,690 $375,000 $250,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • K Chang

    Seller's Agent in 2016

    K Chang

    The H Realty

    (213) 800-2760

    3 in this area

    26 Total Sales

    K Chang
    Section Image

  • S

    Buyer's Agent in 2016

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 15-962743

The MLS

APN: 5136-021-029

California Los Angeles County Los Angeles 90006 Pico-Union

1823 W 12th St, Los Angeles, CA

This home is located at 1823 W 12th St, Los Angeles, CA 90006 since 01 December 2015 and is currently estimated at $989,673, approximately $622 per square foot. This property was built in 1905. 1823 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.

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