NOT LISTED FOR SALE

Estimated Value: $1,059,000 - $1,280,000

8 Beds
4 Baths
3,972 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $1,070,000 $269 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,008/month

215 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Park
  • Granite Countertops
  • Wood Frame Window
  • 5-minute walk to Hollenbeck Park

About This Home

As of April 2022

INVESTORS TAKE A LOOK AT THIS BEAUTIFUL PROPERTY! THIS CHARMING CRAFSTMAN 4 UNIT APARTMENT SITS IN THE HEART OF BOYLE HEIGHTS NEXT TO HOLLENBECK PARK AND 2.6 MILES FROM DOWNTOWN LOS ANGELES. EACH UNIT HAS 2 BEDROOM 1 BATH. THE TWO UPSTAIRS UNITS HAVE A GORGEOUOS BALCONY THAT OVERSEES THE TOWN. EACH UNIT HAS BEEN UPDATED TO ENHANCE THE BUILDING'S ORIGINAL STYLE. ALL FOUR UNITS HAVE FRONT AND BACK ENTRANCE TO THE PROPERTY. EACH UNIT HAS THEIR ASSIGNED 2 PARKING SPACES IN THE BACK. THE BUILDING HAS SECURITY GATES ON THE SIDES AND THE PARKING AREA. THIS UNIQUE CRAFTSMAN BUILDING IS WELL KEPT AND HAS GOOD STANDING RESIDENTAL INCOME! DUE TO COVID-19 ALL OFFERS SUBJECT TO INSPECTION. PLEASE DO NOT DISTURB THE TENANTS OR WALK ON THE PROPERTY.

Last Agent to Sell the Property

Jasmin Sapien

Century 21 Allstars License #01868660 Listed on: 05/01/2021

Century 21 Allstars

Last Buyer's Agent

Steve Le

HUNTINGTON REALTY GROUP CO. License #00603791

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,848 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Craftsman Architecture
  • Quadruplex
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,972 Sq Ft Home
  • Wood Frame Window

Kitchen

  • Gas Oven
  • Granite Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 4 / I
  • Assessor Parcel Number 5183018033

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Gross Income $5,685

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Window Bars
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5183018033
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 269.39
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Water Heater, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5848.00
  • Lot Size Acres: 0.1343

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 5685.00
  • Lot Size Area: 5848.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Rent Control: Yes

Tax Info

  • Tax Block: I
  • Tax Census Tract: 2046.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Tang Francis K and Tang Yanfang
Bought by
Tang Francis K and Guan Yanfang
Current Estimated Value
$1,124,779

Purchase Details

Listed on
May 1, 2021
Closed on
Mar 25, 2022
Sold by
Cabrera and Jasmin
Bought by
Tang Francis K and Guan Yanfang
Seller's Agent
Jasmin Sapien
Century 21 Allstars
Buyer's Agent
Steve Le
HUNTINGTON REALTY GROUP CO.
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$580,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2015
Sold by
Sapien Jasmin
Bought by
Cabrera Roy and Sapien Jasmin

Purchase Details

Closed on
Aug 27, 2015
Sold by
Kam Investments Inc
Bought by
Sapien Jasmin

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
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2014
Sold by
Enramada Properties Llc
Bought by
Kam Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2014
Sold by
Pnc Mortgage Services Inc
Bought by
Enramar Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2012
Sold by
Fannie Mae
Bought by
Pnc Mortgage Services Inc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Rivera Giovanna
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2007
Sold by
Hart Community Homes Inc
Bought by
Rivera Giovanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2003
Sold by
Hud
Bought by
Hart Community Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Aug 1, 2001
Sold by
Sepulveda Jimmy
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 5, 2000
Sold by
Miranda Raul
Bought by
Sepulveda Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,547
Interest Rate
8.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2000
Sold by
Iwasaki Robert Y and Estate Of Rose T Hoshide
Bought by
Miranda Raul

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
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tang Francis K -- Accommodation/Courtesy Recordi
Tang Francis K $1,070,000 New Title Company Name
Cabrera Roy -- None Available
Sapien Jasmin $480,000 Nations Title Company Of Ca
Kam Investments Inc $450,000 Chicago Title Company
Enramar Properties Llc $305,000 Servicelink
Pnc Mortgage Services Inc -- First American Els
Fannie Mae $632,402 None Available
Rivera Giovanna $620,000 Lawyers Title
Hart Community Homes Inc $290,000 Nations Title Co
Hud -- Fidelity
Citimortgage Inc $322,244 --
Sepulveda Jimmy $300,000 United Title Company
Miranda Raul $160,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Francis K $580,000
Previous Owner Sapien Jasmin $360,000
Previous Owner Kam Investments Inc $230,000
Previous Owner Enramar Properties Llc $265,000
Previous Owner Rivera Giovanna $496,000
Previous Owner Hart Community Homes Inc $288,000
Previous Owner Sepulveda Jimmy $297,547
Previous Owner Miranda Raul $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2022 04/04/22 Sold $1,070,000 -2.7% $269 / Sq Ft
12/01/2021 12/01/21 For Sale $1,100,000 +2.8% $277 / Sq Ft
11/10/2021 11/10/21 Off Market $1,070,000 -- --
06/25/2021 06/25/21 Price Changed $1,100,000 -8.3% $277 / Sq Ft
05/01/2021 05/01/21 For Sale $1,200,000 -- $302 / 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 $13,376 $1,083,264 $716,367 $366,897
2024 $13,376 $1,062,024 $702,321 $359,703
2023 $13,725 $1,091,400 $683,400 $408,000
2022 $8,362 $663,728 $396,006 $267,722
2021 $8,344 $650,715 $388,242 $262,473
2019 $8,006 $631,417 $376,728 $254,689
2018 $7,906 $619,038 $369,342 $249,696
2016 $7,530 $595,000 $355,000 $240,000
2015 $5,803 $450,000 $250,000 $200,000
2014 $3,465 $245,911 $204,926 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21090813

California Regional Multiple Listing Service (CRMLS)

APN: 5183-018-033