NOT LISTED FOR SALE

1849 W Martin Luther King jr Blvd Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $1,153,000 - $1,509,000

4 Beds
4 Baths
4,066 Sq Ft
$319/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $555,000 $136 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $8,134/month

21 Days on Market

About This Home

As of April 2015

Bread & Butter 4 units in a classic Monterey Colonial located in a strong rental area near downtown, USC, Metro Expo line. 4 LARGE 1 bedroom units (each over 1000 SF) with dining & laundry room. Upstairs units have sun room. 4 car garage, large back yard. One unit vacant. Great Owner/User or Income. Strong upside rental potential.

Last Agent to Sell the Property

Irene Tsu

Berkshire Hathaway HomeServices California Properties License #00975925 Listed on: 03/16/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Irene Tsu

Berkshire Hathaway HomeServices California Properties License #00975925 Listed on: 03/16/2015

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,130

Year Built

  • Built in 1922

Lot Details

  • 6,938 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,066 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5035-007-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,130

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4066
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Range/Oven
  • Price Per S Q F T: 135.02

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 21775
  • Assessed Land Value: 26779
  • Assessor Parcel Number: 5035-007-013
  • Geocode Override: No
  • Lot Size Area: 6938

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: Apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2018
Sold by
Tillman Lamar and Truluck Amela Hassana
Bought by
True Victory Llc
Current Estimated Value
$1,297,229

Purchase Details

Closed on
Feb 10, 2017
Sold by
Coulter Diana
Bought by
Tillman Lamar and Truluck Amela Hassana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,614
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2015
Sold by
Ester Jeff
Bought by
Coulter Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2015
Sold by
Coulter Michael
Bought by
Coulter Diana

Purchase Details

Listed on
Mar 16, 2015
Closed on
Apr 14, 2015
Sold by
Wong Thomas
Bought by
Wong Maya I
Seller's Agent
Irene Tsu
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Irene Tsu
Berkshire Hathaway HomeServices California Properties
List Price
$549,000
Sold Price
$555,000
Premium/Discount to List
$6,000
1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$278,100
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2008
Sold by
Wong Maya I and The Mary Hisako Ishimoto Trust
Bought by
Wong Maya I

Purchase Details

Closed on
Nov 14, 2002
Sold by
Ishimoto Mary Hisako
Bought by
Ishimoto Mary Hisako and The Mary Hisako Ishimoto Trust
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
True Victory Llc -- None Available
Tillman Lamar $779,000 Chicago Title Company
Coulter Diana $700,000 Priority Title
Coulter Diana -- Priority Title
Wong Maya I -- California Title Company
Ester Jeff $555,000 California Title Company
Wong Maya I -- None Available
Ishimoto Mary Hisako -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tillman Lamar $725,614
Previous Owner Coulter Diana $490,000
Previous Owner Ester Jeff $278,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $555,000 +1.1% $136 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $549,000 -- $135 / 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 $16,130 $1,315,897 $955,087 $360,810
2024 $16,130 $1,290,096 $936,360 $353,736
2023 $15,827 $1,264,800 $918,000 $346,800
2022 $14,859 $1,218,900 $918,000 $300,900
2021 $14,663 $1,195,000 $900,000 $295,000
2020 $10,536 $826,680 $578,358 $248,322
2019 $10,132 $810,471 $567,018 $243,453
2018 $10,039 $794,580 $555,900 $238,680
2016 $7,190 $563,463 $338,078 $225,385
2015 $1,065 $49,524 $27,314 $22,210
2014 -- $48,554 $26,779 $21,775
Source: Public Records

Agents Affiliated with this Home

  • Irene Tsu

    Seller's Agent in 2015

    Irene Tsu

    Berkshire Hathaway HomeServices California Properties

    (310) 993-6141

    1 Total Sale

    Irene Tsu
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Map

Source: The MLS

MLS Number: 15-887701

The MLS

APN: 5035-007-013

California Los Angeles County Los Angeles 90062 Exposition Park

1849 W Martin Luther King jr Blvd, Los Angeles, CA

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