NOT LISTED FOR SALE

2016 8th Ave Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $1,039,000 - $1,439,000

9 Beds
5 Baths
3,742 Sq Ft
$336/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $850,000 $227 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,694/month

5 Days on Market

Highlights

  • Dual Staircase
  • Laundry Room
  • Back Yard
  • Wood Flooring
  • Wall Furnace

About This Home

As of March 2016

HUGE AND BEAUTIFUL TRIPLEX SEATING IN A HUGE LOT, BUILT IN 1912 AND RECENTLY RENEW IT, FRONT BUILDING ITS A DUPLEX ONE UNIT IS
4 BEDROOMS AND 2 BATH,AND ONE WITH 3 BEDROOMS,ONE SMALL OFFICE AND 2 BATHS. WHITE AND BRIGHT KITCHEN , LIVING ROOM WITH LAMINATED WOOD FLOOR. BACK UNIT WITH 2 BEDROOMS AND 1 BATH. ALL 3 UNITS ARE RECENTLY REFURBISHED, VERY DESIRABLE AREA NEAR TO KOREA TOWN, EASY ACCESS TO FWY. 10.

Last Agent to Sell the Property

Minerva Moreno

UNITED BROKERS REALTY License #01196169 Listed on: 01/21/2016

Last Buyer's Agent

Martin Perez

UNITED BROKERS REALTY License #00967615

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 8 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,742 Sq Ft Home
  • Dual Staircase
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Water Heater

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2188
  • Assessor Parcel Number 5060018013

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5060018013
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 227.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Gas & Electric Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7500.00
  • Price Per Lot Square Foot: 113.33
  • Lot Size Acres: 0.1720

Multi Family

  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 2188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Kim Shawn Hong Sik and Yoon Bo Young
Bought by
Kim Shawn Hong Sik and Yoon Bo Young
Current Estimated Value
$1,256,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$638,866
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$617,943

Purchase Details

Listed on
Jan 21, 2016
Closed on
Jan 28, 2016
Sold by
Ahcl Capital Llc
Bought by
Young Kim Hong Sik and Young Yoon Bo
Seller's Agent
Minerva Moreno
UNITED BROKERS REALTY
Buyer's Agent
Martin Perez
UNITED BROKERS REALTY
List Price
$849,900
Sold Price
$850,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$637,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2014
Closed on
Jun 6, 2014
Sold by
Armstrong Jacqueline B and The Leonus Batiste Jr Living T
Bought by
Ahcl Capital Llc
Seller's Agent
Keller Williams Silicon Beach
Buyer's Agent
Keller Williams Silicon Beach
List Price
$780,000
Sold Price
$599,900
Premium/Discount to List
-$180,100
-23.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.76%
Original Mortgage
$10,000,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2006
Sold by
Batiste Leonus T
Bought by
Leonus Batiste Jr Living Trust

Purchase Details

Closed on
Jun 28, 2004
Sold by
Armstrong Jacqueline B and Leonus Batiste Jr Revocable Li
Bought by
Batiste Leonus T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2002
Sold by
Batiste Leonus T
Bought by
Batiste Leonus T
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 Shawn Hong Sik -- Provident Title Company
Young Kim Hong Sik $850,000 Old Republic Title Company
Ahcl Capital Llc $600,000 Lawyers Title
Leonus Batiste Jr Living Trust -- None Available
Batiste Leonus T -- Act
Batiste Leonus T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Shawn Hong Sik $720,000
Closed Young Kim Hong Sik $637,500
Previous Owner Ahcl Capital Llc $10,000,000
Previous Owner Batiste Leonus T $175,000
Closed Batiste Leonus T $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2016 03/08/16 Sold $850,000 0.0% $227 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $849,900 +41.7% $227 / Sq Ft
05/31/2014 05/31/14 Sold $599,900 -23.1% $160 / Sq Ft View Prior Sale
05/03/2014 05/03/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $780,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,990 $1,053,029 $591,896 $461,133
2024 $12,990 $1,032,383 $580,291 $452,092
2023 $12,748 $1,012,141 $568,913 $443,228
2022 $12,170 $992,296 $557,758 $434,538
2021 $12,006 $972,840 $546,822 $426,018
2020 $12,125 $920,066 $541,216 $378,850
2019 $11,162 $902,026 $530,604 $371,422
2018 $11,000 $884,340 $520,200 $364,140
2016 $7,627 $609,150 $426,405 $182,745
2015 $7,519 $600,000 $420,000 $180,000
2014 -- $250,957 $101,659 $149,298
Source: Public Records

Agents Affiliated with this Home

  • Minerva Moreno

    Seller's Agent in 2016

    Minerva Moreno

    UNITED BROKERS REALTY

    (562) 843-3190

    39 Total Sales

    Minerva Moreno
    Section Image
  • Martin Perez

    Buyer's Agent in 2016

    Martin Perez

    UNITED BROKERS REALTY

    (562) 254-5457

    71 Total Sales

    Martin Perez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16013825

California Regional Multiple Listing Service (CRMLS)

APN: 5060-018-013

California Los Angeles County Los Angeles 90018 Arlington Heights

2016 8th Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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