NOT LISTED FOR SALE

1824 S Wilton Place Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,405,000 - $1,498,000

6 Beds
4 Baths
3,926 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 10, 2016

Last sale price $1,017,500 $259 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,173/month

84 Days on Market

About This Home

As of August 2016

We are pleased to present this wonderful four-plex in Los Angeles. All vacant units are 2 bedrooms and 1 bathroom with big living rooms, in wall heaters, laundry hookups in the kitchen. The bathrooms have both showers and tubs. Parking for 8 cars in the back. Long Driveway. Great location; close to downtown LA, USC, Hollywood, food, entertainment, schools, etc...

Last Agent to Sell the Property

Sebastian Stofenmacher

Edgestone Real Estate, Inc. License #01328684 Listed on: 07/20/2016

Last Buyer's Agent

Byungtai Park

Masters Realty & Investment License #01841425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,558

Year Built

  • Built in 1946

Lot Details

  • 8,908 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 3,926 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 16 Parking Spaces
  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 5073018005

Community Details

Overview

  • 4 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,117
  • Net Operating Income $61,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,558

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5073018005
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 259.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Off Street
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8908.00
  • Price Per Lot Square Foot: 114.22

Multi Family

  • Gross Income: 5117.00
  • Gross Scheduled Income: 6560461.00
  • Net Operating Income: 61404.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 967.00

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: Tract

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 9, 2016
Sold by
Fannie Mae
Bought by
Park Ae Kyong and Eom Kyung H
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Byungtai Park
Masters Realty & Investment
List Price
$976,500
Sold Price
$1,017,500
Premium/Discount to List
$41,000
4.2%
Current Estimated Value
$1,461,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,500
Avg. Annual Appreciation
4.09%
Original Mortgage
$686,000
Outstanding Balance
$550,306
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$911,027

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 3, 2016
Sold by
Park Jin Keun
Bought by
Park Ae Kyong
Seller's Agent
Sebastian Stofenmacher
Edgestone Real Estate, Inc.
Buyer's Agent
Byungtai Park
Masters Realty & Investment
List Price
$976,500
Sold Price
$1,017,500
Premium/Discount to List
$41,000
4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$686,000
Outstanding Balance
$550,306
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$911,027

Purchase Details

Closed on
Aug 23, 2012
Sold by
Reyes Maximo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2012
Sold by
Reyes Maximo
Bought by
Reyes Maximo and Ioppolo Calogero

Purchase Details

Closed on
Dec 2, 2009
Sold by
Reyes Maximo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 9, 2007
Sold by
Coleman Courtney L
Bought by
Reyes Maximo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1999
Sold by
Coleman Donna K
Bought by
Coleman Courtney L

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
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 1999
Sold by
Coleman Courtney L
Bought by
C & D Coleman Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 1997
Sold by
California Federal Bank Fsb
Bought by
Coleman Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,400
Interest Rate
7.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 1997
Sold by
Mitchell Arthur M
Bought by
California Federal Bank Fsb
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
Park Ae Kyong $1,017,500 Lawyers Title
Park Ae Kyong -- Lawyers Title
Federal National Mortgage Association $809,640 Accommodation
Reyes Maximo -- None Available
Federal National Mortgage Association $734,658 Accommodation
Reyes Maximo $870,000 Commonwealth Land Title Co
Coleman Courtney L -- Continental Title
Coleman Courtney L -- Continental Title
C & D Coleman Family Ltd Partnership -- --
Coleman Courtney L -- --
Coleman Courtney L $183,000 South Coast Title
Coleman Courtney L -- South Coast Title
California Federal Bank Fsb $153,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Ae Kyong $686,000
Previous Owner Reyes Maximo $696,000
Previous Owner Coleman Courtney L $612,000
Previous Owner Coleman Courtney L $450,000
Previous Owner Coleman Courtney L $53,475
Previous Owner Coleman Courtney $60,000
Previous Owner Coleman Courtney L $248,000
Previous Owner Coleman Courtney L $56,000
Previous Owner Coleman Courtney L $234,000
Previous Owner Coleman Courtney L $188,400
Previous Owner Coleman Courtney L $31,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $1,017,500 +4.2% $259 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $976,500 0.0% $249 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $976,500 -- $249 / Sq Ft
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 $14,558 $1,180,891 $707,954 $472,937
2024 $14,558 $1,157,737 $694,073 $463,664
2023 $14,286 $1,135,037 $680,464 $454,573
2022 $13,638 $1,112,782 $667,122 $445,660
2021 $13,457 $1,090,964 $654,042 $436,922
2019 $13,063 $1,058,607 $634,644 $423,963
2018 $12,902 $1,037,850 $622,200 $415,650
2016 $7,250 $572,128 $364,081 $208,047
2015 $7,148 $563,535 $358,613 $204,922
2014 $7,197 $552,497 $351,589 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Sebastian Stofenmacher

    Seller's Agent in 2016

    Sebastian Stofenmacher

    Edgestone Real Estate, Inc.

    (818) 464-5113

    98 Total Sales

    Sebastian Stofenmacher
    Section Image

  • B

    Buyer's Agent in 2016

    Byungtai Park

    Masters Realty & Investment

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16089741

California Regional Multiple Listing Service (CRMLS)

APN: 5073-018-005

California Los Angeles County Los Angeles 90019 Arlington Heights

1824 S Wilton Place, Los Angeles, CA

This home is located at 1824 S Wilton Place, Los Angeles, CA 90019 since 20 July 2016 and is currently estimated at $1,461,000, approximately $372 per square foot. This property was built in 1946. 1824 S Wilton Place is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Twenty-Fourth Street Elementary School, and Pio Pico Middle School.

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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