Seller's Agent in 2020
Autumn Davis
Berkshire Hathaway Home Services Golden Properties
(562) 708-2145
1 in this area
36 Total Sales
2239 Fernleaf St Los Angeles, CA 90031
Elysian Valley NeighborhoodEstimated Value: $1,632,000 - $2,017,381
6
Beds
5
Baths
2,806
Sq Ft
$654/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Spanish Architecture
- Neighborhood Views
- Dorris Place Elementary School Rated 9+
- Private Yard
- Double Pane Windows
About This Home
As of July 2020An unparalleled opportunity to own a COMPLETELY Vacant & Remodeled Triplex in the heart of one of the hottest pockets of Los Angeles! This Frogtown income producing property offers it’s new owner the ability to acquire market rate tenants in an already well established rental area with limited inventory and abundant demand. The modern Spanish front home offers 2 ample bedrooms, a magazine worthy restroom, open floor layout, gleaming finishes with trend setting design, and the perfect porch to complete its eye-catching feel. With abundant separation between the front home and units at the rear of the property, each unit comes with it’s own parking space furthering the desirability of this amazing rental. Two identical two-story units feature a large open floor living space leading to a brand new state-of-the-art kitchen and its own private patio. Contemporary polished concrete floors adorn the main floor where a 1/2 bath is conveniently located for guests. A floating staircase leads to 2 large bedrooms and a full bath. With Elysian Valley (Frogtown) quickly becoming one of the most sought after neighborhoods in all of Los Angeles, this rare opportunity will not present itself again. With updated systems and work behind the walls to match the beauty seen in its cosmetics, this fully completed project is awaiting it’s new savvy homeowner looking to mitigate their mortgage by having over half paid through rental income alone! Allow Us To Reintroduce This Home!
Last Agent to Sell the Property
Berkshire Hathaway Home Services Golden Properties License #01438120 Listed on: 06/29/2020
Co-Listed By
Yocelin Legaspi
Berkshire Hathaway Home Services Golden Properties License #01814682
Last Buyer's Agent
Yee San Lisa Leung
Yee San Lisa Leung, BROKER License #01821309
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,369
Year Built
- Built in 1924 | Remodeled
Lot Details
- 5,635 Sq Ft Lot
- 1 Common Wall
- Private Yard
Home Design
- Triplex
- Spanish Architecture
- Turnkey
Interior Spaces
- 2,806 Sq Ft Home
- Double Pane Windows
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Flooring
- Wood
- Concrete
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Driveway
Additional Features
- Exterior Lighting
- Zoned Heating and Cooling System
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,100
- Trash Expense $600
- Water Sewer Expense $1,800
- New Taxes Expense $21,250
- Operating Expense $25,750
- Gross Income $136,800
- Net Operating Income $100,250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2020
Closed on
Jul 8, 2020
Sold by
Dossier Capital Llc
Bought by
Man Jimmy Ting Pong and Man Monica
Seller's Agent
Autumn Davis
Berkshire Hathaway Home Services Golden Properties
Buyer's Agent
Yee San Lisa Leung
Yee San Lisa Leung, BROKER
List Price
$1,499,000
Sold Price
$1,568,888
Premium/Discount to List
$69,888
4.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,457
Avg. Annual Appreciation
3.45%
Original Mortgage
$1,176,666
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 23, 2018
Sold by
Nguyen Michael Giau
Bought by
Dossier Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
May 20, 2004
Sold by
Lin Lee Ngah Chung and Lin Lee Oi
Bought by
Nguyen Michael Giau
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Man Jimmy Ting Pong | $1,569,000 | Ticor Title Company | |
| Dossier Capital Llc | $910,000 | Stewart Title | |
| Nguyen Michael Giau | $390,000 | Chicago Title Co | |
| Ng Pak Yum | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Man Jimmy Ting Pong | $1,182,600 | |
| Closed | Man Jimmy Ting Pong | $1,176,666 | |
| Previous Owner | Dossier Capital Llc | $938,000 | |
| Previous Owner | Nguyen Michael Giau | $314,400 | |
| Previous Owner | Nguyen Michael Giau | $365,000 | |
| Previous Owner | Nguyen Michael Giau | $83,000 | |
| Previous Owner | Nguyen Michael Giau | $312,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2020 07/22/20 | Sold | $1,568,888 | -1.9% | $559 / Sq Ft |
| 07/06/2020 07/06/20 | Pending | -- | -- | -- |
| 07/04/2020 07/04/20 | Price Changed | $1,600,000 | +6.7% | $570 / Sq Ft |
| 06/29/2020 06/29/20 | For Sale | $1,499,000 | +64.7% | $534 / Sq Ft |
| 02/13/2019 02/13/19 | Sold | $910,000 | +1.2% | $324 / Sq Ft |
| 09/19/2018 09/19/18 | Pending | -- | -- | -- |
| 07/17/2018 07/17/18 | For Sale | $899,000 | -1.2% | $320 / Sq Ft |
| 07/16/2018 07/16/18 | Off Market | $910,000 | -- | -- |
| 07/15/2018 07/15/18 | For Sale | $899,000 | -1.2% | $320 / Sq Ft |
| 06/14/2018 06/14/18 | Off Market | $910,000 | -- | -- |
| 05/25/2018 05/25/18 | For Sale | $899,000 | -- | $320 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,369 | $1,698,334 | $865,945 | $832,389 |
| 2024 | $20,369 | $1,665,034 | $848,966 | $816,068 |
| 2023 | $19,973 | $1,632,387 | $832,320 | $800,067 |
| 2022 | $19,039 | $1,600,380 | $816,000 | $784,380 |
| 2021 | $18,804 | $1,569,000 | $800,000 | $769,000 |
| 2020 | $11,500 | $928,200 | $341,700 | $586,500 |
| 2019 | $6,116 | $497,070 | $369,619 | $127,451 |
| 2018 | $6,031 | $487,324 | $362,372 | $124,952 |
| 2016 | $5,739 | $468,401 | $348,301 | $120,100 |
| 2015 | $5,656 | $461,366 | $343,070 | $118,296 |
| 2014 | $5,740 | $452,329 | $336,350 | $115,979 |
Source: Public Records
Agents Affiliated with this Home
-
Autumn Davis
-
Y
Seller Co-Listing Agent in 2020
Yocelin Legaspi
Berkshire Hathaway Home Services Golden Properties
-
Y
Buyer's Agent in 2020
Yee San Lisa Leung
Yee San Lisa Leung, BROKER
-
K
Seller's Agent in 2019
KY TRAN
KIM LONG REALTY
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF20126231
APN: 5445-025-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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