NOT LISTED FOR SALE

Estimated Value: $2,035,293

16 Beds
12 Baths
5,257 Sq Ft
$387/Sq Ft Est. Value

Last Sold June 16, 2020

Last sale price $1,600,000 $304 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $12,854/month

Highlights

  • New Construction
  • Laundry Room
  • Front Yard

About This Home

As of June 2020

This home is located at 2063 W Florence Ave, Los Angeles, CA 90047 since 31 December 2020 and is currently estimated at $2,035,293, approximately $387 per square foot. This property was built in 2020. 2063 W Florence Ave is a home located in Los Angeles County with nearby schools including Seventy-Fourth Street Elementary School, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 12/31/2020

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Brian Jung

BJ Realty License #01946975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,434

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,986 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 5,257 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location
  • Private Water Source

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 6279
  • Assessor Parcel Number 6016034011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $300
  • New Taxes Expense $20,000
  • Operating Expense $22,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,434

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: LAC2
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6016034011
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 304.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4986.00
  • Lot Size Acres: 0.1145

Multi Family

  • Insurance Expense: 2000.00
  • Lot Size Area: 4986.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Expenses: 22300.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Census Tract: 2373.00
  • Tax Lot: 63
  • Tax Tract Number: 6279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
5 Star Discount Homes Llc
Bought by
Park Chan Young and Han Nayoung
Current Estimated Value
$2,035,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2018
Sold by
Bufkin Anna Clarie
Bought by
5 Star Discount Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 2017
Sold by
Bufkin Ana Marie
Bought by
Bufkin Ana Marie and Ana Marie Bufkin Trust

Purchase Details

Closed on
Mar 20, 2017
Sold by
Bufkin Lydia
Bought by
Bufkin Lydia and Lydia Bufkin Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Park Chan Young $1,630,000 Fidelity National Title Co
5 Star Discount Homes Llc $1,000,000 Fidelity National Title Comp
Bufkin Ana Marie -- None Available
Bufkin Monica -- None Available
Bufkin Lydia -- None Available
Bufkin Anna Claire -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Chan Young $1,030,000
Closed Park Chan Young $1,030,000
Previous Owner Park Chan Young $1,000,000
Previous Owner 5 Star Discount Homes Llc $775,000
Previous Owner 5 Star Discount Homes Llc $400,000
Previous Owner 5 Star Discount Homes Llc $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 For Sale $1,600,000 0.0% $304 / Sq Ft
06/16/2020 06/16/20 Sold $1,600,000 -- $304 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
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 $21,434 $1,782,638 $1,247,847 $534,791
2024 $21,434 $1,747,685 $1,223,380 $524,305
2023 $21,021 $1,713,418 $1,199,393 $514,025
2022 $20,048 $1,679,823 $1,175,876 $503,947
2021 $19,800 $1,646,886 $1,152,820 $494,066
2020 $4,821 $364,140 $260,100 $104,040
2019 $4,644 $357,000 $255,000 $102,000
2018 $1,483 $96,198 $54,752 $41,446
2016 $1,409 $92,465 $52,627 $39,838
2015 $1,392 $91,077 $51,837 $39,240
2014 $996 $55,750 $17,773 $37,977
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20264589

California Regional Multiple Listing Service (CRMLS)

APN: 6016-034-011