NOT LISTED FOR SALE

2002 8th Ave Unit 4 Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $988,000 - $1,482,000

4 Beds
4 Baths
3,152 Sq Ft
$380/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $480,000 $152 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,860/month

11 Days on Market

About This Home

As of August 2013

4 unit in very quite neighborhood. You will not believe me until you actually drive by here. Good mixture of Single family homes and multi unit complexes in this block. 4 tank less water heaters installed, roof has been repaired 1 year ago. Electrical panel has been updated. All four kitchens have granite counter top.

Last Agent to Sell the Property

Isaac Song

Level Real Estate License #01861903 Listed on: 07/15/2013

Last Buyer's Agent

Min Ho Chang

Masters Realty & Investment License #01876084

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 7,500

Home Design

  • Quadruplex

Interior Spaces

  • 4 Bathrooms
  • 3,152 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Car Garage
  • Automatic Gate

Additional Features

  • 7,500 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5060-018-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3152
  • Stories: 2
  • Year Built: 1912
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Price Per S Q F T: 158.31

Exterior Features

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

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage
  • Total Parking: 8

Utilities

  • Heating: Wall
  • Security: Automatic Gate

Lot Info

  • Assessed Improvement Value: 200000
  • Assessed Land Value: 350000
  • Assessor Parcel Number: 5060-018-011
  • Geocode Override: No
  • Lot Size Area: 7500

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2018
Sold by
Kwak Yongseung C
Bought by
Kim Thomas J
Current Estimated Value
$1,146,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,500
Outstanding Balance
$478,260
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$718,296

Purchase Details

Closed on
Feb 8, 2016
Sold by
Lee Hellen
Bought by
Kwak Yongseung C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2013
Closed on
Oct 15, 2013
Sold by
Lee Hellen
Bought by
Lee Hellen and Mason Suki Lee
Seller's Agent
Isaac Song
Level Real Estate
Buyer's Agent
Min Ho Chang
Masters Realty & Investment
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$360,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 23, 2013
Sold by
Bae Jon Yoon
Bought by
Lee Hellen S
Seller's Agent
Isaac Song
Level Real Estate
Buyer's Agent
Min Ho Chang
Masters Realty & Investment
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

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
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2012
Sold by
Slm Property Llc
Bought by
Bae Jong Yoon and Choi Theresia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2011
Sold by
Lnd Investments Llc
Bought by
Slm Property Llc

Purchase Details

Closed on
Apr 21, 2011
Sold by
Yang Lena
Bought by
Lnd Investments Llc

Purchase Details

Closed on
Apr 9, 2011
Sold by
Slm Property Llc
Bought by
Yang Lena

Purchase Details

Closed on
Mar 17, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Slm Property Llc

Purchase Details

Closed on
Sep 9, 2010
Sold by
Padilla Jose R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 31, 2008
Sold by
Padilla Jose R and Padilla Guadalupe M
Bought by
Sanchez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2005
Sold by
Padilla Jose R and Padilla Guadalupe M
Bought by
Padilla Jose R

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
8.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Thomas J $785,000 First American Title Company
Kwak Yongseung C $599,000 Old Republic Title Company
Lee Hellen -- None Available
Lee Hellen S $480,000 Lawyers Title
Bae Jong Yoon $355,003 Stewart Title Of California
Slm Property Llc -- None Available
Lnd Investments Llc -- None Available
Yang Lena -- None Available
Slm Property Llc $314,000 Lsi Title Company
Deutsche Bank National Trust Company $419,985 Orange Coast Title
Sanchez Luis -- None Available
Padilla Jose R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Thomas J $549,500
Previous Owner Kwak Yongseung C $449,250
Previous Owner Lee Hellen S $360,000
Previous Owner Bae Jong Yoon $266,250
Previous Owner Sanchez Luis $150,000
Previous Owner Padilla Jose R $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2013 08/28/13 Sold $480,000 -3.8% $152 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $499,000 -- $158 / 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 $10,864 $875,678 $669,309 $206,369
2024 $10,864 $858,509 $656,186 $202,323
2023 $10,663 $841,676 $643,320 $198,356
2022 $10,183 $825,173 $630,706 $194,467
2021 $10,046 $808,994 $618,340 $190,654
2020 $10,144 $800,700 $612,000 $188,700
2019 $9,754 $785,000 $600,000 $185,000
2018 $7,876 $623,199 $374,544 $248,655
2016 $6,299 $497,055 $310,660 $186,395
2015 $6,211 $489,590 $305,994 $183,596
2014 $6,258 $480,000 $300,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Isaac Song

    Seller's Agent in 2013

    Isaac Song

    Level Real Estate

    (213) 268-9576

    2 in this area

    44 Total Sales

    Isaac Song
    Section Image

  • M

    Buyer's Agent in 2013

    Min Ho Chang

    Masters Realty & Investment

See All Agents

Map

Source: The MLS

MLS Number: 13-688605

The MLS

APN: 5060-018-011

California Los Angeles County Los Angeles 90018 Arlington Heights

2002 8th Ave Unit 4, Los Angeles, CA

Not Listed for Sale

MultiFamily

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