NOT LISTED FOR SALE

Estimated Value: $810,971 - $928,000

8 Beds
4 Baths
2,616 Sq Ft
$325/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $560,000 $214 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,276/month

18 Days on Market

About This Home

As of February 2019

Great rental income opportunity - Duplex that features 2,616 SF of living space on a 5,140 SF Lot. Property feature 2 units with 4 Bed/2 Bath each. Gas and Electric meters are separate and tenants are responsible for these costs. Property is conveniently located close to USC, Football Stadium, Museums, Downtown LA and multiple major freeways.

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 12/19/2018

Co-Listed By

Sandro Bononni

Luxury Collective License #01401037

Last Buyer's Agent

Chris Lim

Bestway Realty License #01412845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,760

Year Built

  • Built in 1970

Lot Details

  • 5,101 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,616 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 202
  • Tax Tract Number 1889
  • Assessor Parcel Number 6022015022

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,650
  • Gross Income $49,752

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,760

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1650.00
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6022015022
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 214.07

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Laundry: Yes
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5101.00
  • Lot Size Acres: 0.1171

Multi Family

  • Gross Income: 49752.00
  • Gross Scheduled Income: 49752.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5101.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2396.02
  • Tax Lot: 202
  • Tax Tract Number: 1889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Lim Chris S
Bought by
Chris Lim & Helen Nam Family Trust and Lim
Current Estimated Value
$851,243

Purchase Details

Closed on
Dec 18, 2019
Sold by
Nam Helen H
Bought by
Lim Chris S

Purchase Details

Closed on
Dec 11, 2019
Sold by
Broadway 66 Llc
Bought by
Lin Chris S

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 13, 2019
Sold by
Lim Chris S
Bought by
Broadway 66 Llc
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Chris Lim
Bestway Realty
List Price
$558,000
Sold Price
$560,000
Premium/Discount to List
$2,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 7, 2019
Sold by
Nam Helen Hyun
Bought by
Lim Chris S
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Chris Lim
Bestway Realty
List Price
$558,000
Sold Price
$560,000
Premium/Discount to List
$2,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2018
Closed on
Jan 11, 2019
Sold by
Lao Alan C
Bought by
Lim Chris S
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Chris Lim
Bestway Realty
List Price
$558,000
Sold Price
$560,000
Premium/Discount to List
$2,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2009
Sold by
The Bank Of New York Mellon
Bought by
Lao Alan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2009
Sold by
Fuentes Victor E
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 6, 2005
Sold by
78Th Investments
Bought by
Alegia Luis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 28, 2005
Sold by
Alegria Luis
Bought by
Fuentes Victor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 11, 2005
Sold by
Alegria Luis
Bought by
78Th Investments

Purchase Details

Closed on
Oct 27, 2002
Sold by
New Century Comm Service Development Inc
Bought by
Alegria Luis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.96%

Purchase Details

Closed on
Aug 24, 2001
Sold by
B Squared Inc
Bought by
New Century Comm Service Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.21%

Purchase Details

Closed on
Jun 21, 2001
Sold by
Labow Frumeh and Estate Of Charles H Thomas
Bought by
B Squared Inc
Source: Public Records

Range of Values:

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Average Value
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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
Chris Lim & Helen Nam Family Trust -- Accommodation/Courtesy Recordi
Lim Chris S -- Provident Title Company
Lin Chris S -- Provident Title Company
Broadway 66 Llc -- Chicago Title
Lim Chris S -- Lawyers Title Company
Lim Chris S $560,000 Lawyers Title Company
Lao Alan C $215,000 Lsi Title Company Ca
The Bank Of New York Mellon $259,250 None Available
Alegia Luis J -- Southland Title Corporation
Fuentes Victor E $515,000 --
78Th Investments -- --
Alegria Luis J $265,000 Commonwealth Land Title Co
New Century Comm Service Development Inc $142,500 Fidelity Title
B Squared Inc $143,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Chris S $404,000
Previous Owner Lim Chris S $400,000
Previous Owner Lao Alan C $271,500
Previous Owner Lao Alan C $161,250
Previous Owner Alegia Luis J $103,000
Previous Owner Fuentes Victor E $412,000
Previous Owner Alegria Luis J $270,000
Previous Owner Alegria Luis J $212,000
Previous Owner New Century Comm Service Development Inc $160,000
Closed Alegria Luis J $39,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $560,000 +0.4% $214 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $558,000 -- $213 / 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 $7,760 $624,684 $379,272 $245,412
2024 $7,760 $612,436 $371,836 $240,600
2023 $7,614 $600,429 $364,546 $235,883
2022 $7,266 $588,657 $357,399 $231,258
2021 $7,168 $577,116 $350,392 $226,724
2020 $7,236 $571,200 $346,800 $224,400
2019 $5,708 $453,592 $150,887 $302,705
2018 $5,597 $444,699 $147,929 $296,770
2016 $5,330 $427,433 $142,186 $285,247
2015 $5,254 $421,014 $140,051 $280,963
2014 $5,281 $412,768 $137,308 $275,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18294084

California Regional Multiple Listing Service (CRMLS)

APN: 6022-015-022