NOT LISTED FOR SALE

1827 S Crenshaw Blvd Unit 3 Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,156,843 - $1,684,000

7 Beds
7 Baths
2,760 Sq Ft
$517/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $755,000 $274 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $8,448/month

23 Days on Market

Highlights

  • Gated Parking
  • City View
  • Side by Side Parking
  • Gated Community
  • Granite Countertops
  • Walk-In Closet

About This Home

As of August 2016

Excellent opportunity in prime location. 4 unit apartment complex. (3) 2 bedroom units and (1) 1 bedroom unit. All the units have been upgraded / remodeled. Monthly rent income is $5,684. Upgraded by new roof, new exterior and interior paint, new floor, new CMU wall, coin operated washer and dryer and so many other upgraded and updated.. Spacious 8 parking lots. All 4 units are occupied. The coin laundry facility is another extra income source. (about $600/yr) Rents are below market.

Last Agent to Sell the Property

Ryan Lee

Edgestone Real Estate, Inc. License #01815654 Listed on: 07/01/2016

Last Buyer's Agent

Grace Hwang

Lifetime Realty, Inc License #01997643

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,917

Year Built

  • Built in 1911

Lot Details

  • 7,604 Sq Ft Lot
  • Lot Dimensions are 45x151
  • Gated Home

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • City Views
  • Partial Basement

Kitchen

  • Oven or Range
  • Range Hood
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 7 Bathrooms
  • Bathtub with Shower

Parking

  • 8 Parking Spaces
  • Side by Side Parking
  • Gated Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Satellite Dish
  • Cable TV Available

Community Details

  • 3 Units
  • Gated Community

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 5071-002-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,917

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2760
  • Lot Dimensions: 45x151
  • Probate: No
  • Stories: 2
  • Year Built: 1911
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement - Partial, Storage Space
  • Flooring: Laminate, Tile
  • Appliances: Free Standing Gas, Range Hood
  • Bedrooms: 7
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Tile Counters
  • Laundry: In Unit, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 271.74

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Assigned, Side By Side
  • Total Parking: 8

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Cooling: Wall/Window
  • Heating: Wall Gas
  • Security: Gated

Association/Amenities

  • Amenities: Gated Community, Gated Parking

Lot Info

  • Assessor Parcel Number: 5071-002-021
  • Geocode Override: No
  • Lot Description: Yard
  • Lot Size Area: 7604

Rental Info

  • Lease Per Month Year: Month, Year
  • Owner Pays: Electricity, Gardener, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 29, 2016
Sold by
Shin Don Dongwook
Bought by
Shin & Shaw Llc
Seller's Agent
Ryan Lee
Edgestone Real Estate, Inc.
Buyer's Agent
Grace Hwang
Lifetime Realty, Inc
List Price
$699,000
Sold Price
$755,000
Premium/Discount to List
$56,000
8.01%
Current Estimated Value
$1,425,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,961
Avg. Annual Appreciation
7.14%
Original Mortgage
$480,000
Outstanding Balance
$383,652
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,042,309

Purchase Details

Listed on
Jul 1, 2016
Closed on
Jul 19, 2016
Sold by
Providence Iii Inc
Bought by
Shin Don Dongwook and Shin Jungmi Park
Seller's Agent
Ryan Lee
Edgestone Real Estate, Inc.
Buyer's Agent
Grace Hwang
Lifetime Realty, Inc
List Price
$699,000
Sold Price
$755,000
Premium/Discount to List
$56,000
8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$383,652
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,042,309

Purchase Details

Closed on
Sep 13, 2011
Sold by
Yang Kyung Ho
Bought by
Providence Iii Inc

Purchase Details

Closed on
Apr 18, 2011
Sold by
Yang Hwa Kyung
Bought by
Yang Kyung Ho

Purchase Details

Closed on
Apr 13, 2011
Sold by
Gmac Mortgage Llc
Bought by
Yang Kyung Ho

Purchase Details

Closed on
Feb 26, 2010
Sold by
Bothe So Yon
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jul 21, 2003
Sold by
Lee Joung Choul
Bought by
Bothe So Yon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,600
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Lee Dion
Bought by
Bothe So Yon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,600
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2000
Sold by
Bonaparte Marshall
Bought by
Lee Dion and Mccall Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
9.74%

Purchase Details

Closed on
Feb 3, 2000
Sold by
Bonaparte Francoise A
Bought by
Bonaparte Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
9.74%

Purchase Details

Closed on
Apr 19, 1996
Sold by
Dorvil Lumene C
Bought by
Bonaparte Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.68%
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
Shin & Shaw Llc -- Provident Title Company
Shin Don Dongwook -- Provident Title Company
Shin Don Dongwook $755,000 Fidelity Sherman Oaks
Providence Iii Inc -- None Available
Yang Kyung Ho -- Fidelity National Title Co
Yang Kyung Ho $353,000 Fidelity National Title Co
Gmac Mortgage Llc $486,000 Accommodation
Bothe So Yon -- Southland Title
Bothe So Yon $457,000 Southland Title
Lee Dion -- Southland Title
Lee Dion $226,000 Commonwealth Land Title
Bonaparte Marshall -- Commonwealth Land Title
Lee Dion -- Commonwealth Land Title
Milner Lemar -- Commonwealth Title
Bonaparte Marshall -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Don Dongwook $480,000
Previous Owner Bothe So Yon $365,600
Previous Owner Lee Dion $214,700
Previous Owner Bonaparte Marshall $144,500
Closed Bothe So Yon $91,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $755,000 +0.7% $274 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/10/2016 07/10/16 Price Changed $750,000 +7.3% $272 / Sq Ft
07/01/2016 07/01/16 For Sale $699,000 -- $253 / 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 $10,917 $876,235 $615,107 $261,128
2024 $10,917 $859,055 $603,047 $256,008
2023 $10,716 $842,212 $591,223 $250,989
2022 $10,235 $825,699 $579,631 $246,068
2021 $10,096 $809,510 $568,266 $241,244
2019 $9,803 $785,502 $551,412 $234,090
2018 $9,579 $770,100 $540,600 $229,500
2016 $4,784 $373,982 $305,627 $68,355
2015 $4,718 $368,366 $301,037 $67,329
2014 $4,754 $361,152 $295,141 $66,011
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Lee

    Edgestone Real Estate, Inc.

    Section Image

  • G

    Buyer's Agent in 2016

    Grace Hwang

    Lifetime Realty, Inc

See All Agents

Map

Source: The MLS

MLS Number: 16-139916

The MLS

APN: 5071-002-021

California Los Angeles County Los Angeles 90019 Mid-City

1827 S Crenshaw Blvd Unit 3, Los Angeles, CA

This home is located at 1827 S Crenshaw Blvd Unit 3, Los Angeles, CA 90019 since 01 July 2016 and is currently estimated at $1,425,961, approximately $516 per square foot. This property was built in 1911. 1827 S Crenshaw Blvd Unit 3 is a home located in Los Angeles County with nearby schools including Arlington Heights Elementary School, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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