NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,118,000

4 Beds
2 Baths
2,304 Sq Ft
$467/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $635,000 $276 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,450/month

21 Days on Market

About This Home

As of March 2018

Please send me complete Offer with Proof of Funds, Copy of Approval Letter and Copy of Credit Scores. Buyer may be asked to get Cross-Qualified by the Seller's Preferred Lender.

Be the first to live in one unit and rent the other or purchase a great investment property. 2 Units in the city of Los Angeles. One unit on Top of the other. Each Unit features 4 Bedrooms and 2 baths. Each unit has a Master bedroom and Bath.Enjoy the culture of East Los Angeles by living near many landmark locations. This property is conveniently located to the less than 3 miles away from USC, and Down Town Los Angeles

Great intercity investment opportunity on a 2008 built duplex. Duplex located near 110 fwy, close proximity to USC, Downtown LA, metro line and bus lines. Property has less overhead expense on maintenance. Another great feature is the 6 cars space

Please do not disturb tenants.

Last Agent to Sell the Property

Shelly Han

T.N.G. Real Estate Consultants License #01846738 Listed on: 01/03/2018

T.N.G. Real Estate Consultants

Last Buyer's Agent

Tiffany Park

Keller Williams Larchmont License #01938831

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,895

Year Built

  • Built in 2008

Lot Details

  • 5,411 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,304 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 5411
  • Tax Tract Number 1

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $70
  • Water Sewer Expense $200
  • New Taxes Expense $670
  • Operating Expense $940
  • Gross Income $4,450
  • Net Operating Income $4,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,895

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 7149155059
  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 275.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5411.00

Multi Family

  • Gross Income: 4450.00
  • Gross Scheduled Income: 4450.00
  • Insurance Expense: 70.00
  • Net Operating Income: 4250.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No
  • Total Expenses: 940.00

Tax Info

  • New Taxes Expense: 670.00
  • Tax Lot: 5411
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
S & J Good Vision Llc
Bought by
Sbds Investments Llc
Current Estimated Value
$1,076,690

Purchase Details

Closed on
Dec 16, 2021
Sold by
Choi Soonhwan
Bought by
Choi Soonhwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2021
Sold by
Hye Joe Eun
Bought by
Choi Soonhwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2018
Closed on
Feb 9, 2018
Sold by
Lim William Anderson
Bought by
Choi Soonhwan and Joe Eun Hye
Seller's Agent
Shelly Han
T.N.G. Real Estate Consultants
Buyer's Agent
Tiffany Park
Keller Williams Larchmont
List Price
$645,000
Sold Price
$635,000
Premium/Discount to List
-$10,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$409,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jun 27, 2017
Sold by
Cyprus Kip C
Bought by
Lim William Anderson and Lim Michelle Wie
Seller's Agent
Andy Zuppardo
Crystal View Realty
Buyer's Agent
Douglas Olsen
Olsen Realty
List Price
$59,999
Sold Price
$575,000
Premium/Discount to List
$515,001
858.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.32%

Purchase Details

Closed on
Jun 12, 2008
Sold by
Seacliff Properties Inc
Bought by
Cyprus Kip C and Cyprus Amy L

Purchase Details

Closed on
Apr 18, 2008
Sold by
Slater Clarine
Bought by
Slater Clarine C and Clarine C Slater Revocable Trust

Purchase Details

Closed on
Dec 5, 2007
Sold by
Slater Clarine
Bought by
Seacliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2006
Sold by
Slater Clarence J
Bought by
Slater Clarence J and Clarence J Slater 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
Sbds Investments Llc $1,030,000 Lawyers Title Company
Choi Soonhwan -- Provident Title
Choi Soonhwan -- Lawyers Title
Choi Soonhwan -- Lawyers Title
Choi Soonhwan $635,000 Provident Title
Lim William Anderson $575,000 Lawyers Title
Cyprus Kip C -- None Available
Slater Clarine C -- None Available
Seacliff Properties Inc $250,000 Commonwealth
Slater Clarence J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Soonhwan $462,000
Previous Owner Choi Soonhwan $409,500
Previous Owner Seacliff Properties Inc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold $635,000 -1.6% $276 / Sq Ft
01/03/2018 01/03/18 For Sale $645,000 +12.2% $280 / Sq Ft
07/28/2017 07/28/17 Sold $575,000 +858.3% $250 / Sq Ft View Prior Sale
07/13/2017 07/13/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $59,999 -- $26 / 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 $8,895 $1,030,000 $680,000 $350,000
2024 $8,895 $708,350 $390,430 $317,920
2023 $8,727 $694,462 $382,775 $311,687
2022 $8,326 $680,846 $375,270 $305,576
2021 $8,218 $667,497 $367,912 $299,585
2020 $8,298 $660,654 $364,140 $296,514
2019 $7,975 $647,700 $357,000 $290,700
2018 $7,140 $575,000 $350,000 $225,000
2016 $5,278 $424,000 $190,600 $233,400
2015 $5,278 $424,000 $190,600 $233,400
2014 $4,980 $389,000 $174,900 $214,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18001544

California Regional Multiple Listing Service (CRMLS)

APN: 6011-004-014