Seller's Agent in 2019
Joe Vivanco
Keller Williams SELA
(562) 228-1893
1 in this area
33 Total Sales
2250 W 14th St Los Angeles, CA 90006
Pico-Union NeighborhoodEstimated Value: $2,680,000 - $3,929,000
16
Beds
16
Baths
7,766
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- New Construction
- 4 Car Direct Access Garage
- Walk-In Closet
- Contemporary Architecture
- Bay Window
- Cooling System Powered By Gas
About This Home
As of September 2019WE ARE PROUD TO PRESENT THIS BEAUTIFUL NEW CONSTRUCTION LUXURIOUS, CONTEMPORARY QUAD DUPLEX, BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. LOCATED IN KOREA TOWN. ALL 4 UNITS ARE 4 BED 4 BATH, TRI LEVEL, SIDE BY SIDE UNITS, UNITS HAVE OPEN FLOOR PLANS, MASTER BEDROOM IN ALL UNITS, WALK IN CLOSETS, QUARTZ COUNTER TOPS IN KITCHEN AND BATHROOMS WITH CUSTOM DECORATIVE BACK SPLASH GLASS THROUGHOUT EACH UNIT, BALCONIES, WATER AND SCRATCH RESISTANT FLOORING, CUSTOM WINDOW SHADES, BLACKOUT SHADES IN ALL BEDROOMS, STAINLESS STEEL APPLIANCES, CUSTOM KITCHEN CABINETS, TWO-TONED INTERIOR PAINTING, HVAC SYSTEM IN ALL UNITS, LOW VOLTAGE LED RECESSED LIGHTING THROUGHOUT E/A UNIT, LAUNDRY ROOMS EACH UNIT WITH WASHER & DRYER, GREEN CERTIFIED, DROUGHT RESISTANT, AUTOMATIC FIRE SPRINKLER SYSTEM THROUGHOUT ALL UNITS, AUTOMATIC DECORATIVE WOOD FENCING, EACH UNIT WITH ATTACHED GARAGE, PLENTY OF PARKING WITH DECORATIVE PAVERS, INDIVIDUAL METERS FOR EACH UNIT WATER, GAS, AND ELECTRIC. 5TH EXTERIOR ELECTRIC METER, OVER ALL THIS IS VERY LOW MAINTENANCE PROPERTY, NO RENT CONTROL, CENTRALLY LOCATED NEARBY 1 MILE WEST OF DTLA/STAPLE CENTER. COO ISSUE ON 8-13-19. CAP RATE 5.63%
Last Agent to Sell the Property
Keller Williams SELA License #01218901 Listed on: 08/07/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,570
Year Built
- Built in 2019 | New Construction
Lot Details
- 7,500 Sq Ft Lot
- 1 Common Wall
- Security Fence
- Privacy Fence
- Wood Fence
- Block Wall Fence
- New Fence
- Level Lot
Parking
- 4 Car Direct Access Garage
- Parking Available
Home Design
- Contemporary Architecture
- Property Attached
- Flat Roof Shape
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 7,766 Sq Ft Home
- 3-Story Property
- ENERGY STAR Qualified Windows
- Blinds
- Bay Window
- Window Screens
- Laminate Flooring
Kitchen
- Gas Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 16 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- 16 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Utilities
- Cooling System Powered By Gas
- Forced Air Heating and Cooling System
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Legal Lot and Block 12 / B
- Assessor Parcel Number 5056005012
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $500
- Insurance Expense $2,715
- Maintenance Expense $1,600
- Other Expense $1,200
- Professional Management Expense $5,500
- New Taxes Expense $32,130
- Operating Expense $43,795
- Gross Income $201,600
- Net Operating Income $151,907
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2019
Closed on
Sep 4, 2019
Sold by
Qiu Yong and Shi Liping
Bought by
Bestar Investment Llc
Seller's Agent
Joe Vivanco
Keller Williams SELA
Buyer's Agent
Joe Vivanco
Keller Williams SELA
List Price
$2,700,000
Sold Price
$2,700,000
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
$786,211
Avg. Annual Appreciation
4.27%
Purchase Details
Listed on
Aug 7, 2019
Closed on
Aug 16, 2019
Sold by
Lajoma Corporation
Bought by
Qiu Yong and Shi Liping
Seller's Agent
Joe Vivanco
Keller Williams SELA
Buyer's Agent
Joe Vivanco
Keller Williams SELA
List Price
$2,700,000
Sold Price
$2,700,000
Purchase Details
Closed on
Mar 6, 2018
Sold by
Juarez Anabella
Bought by
Lajoma Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,000
Interest Rate
4.6%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 3, 2017
Sold by
Juarez Anabella
Bought by
Juarez Anabella and Juarez Katherine Anabell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 16, 2003
Sold by
Anderson Thomas Herbert and Anderson Frieda
Bought by
Juarez Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.61%
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 |
|---|---|---|---|
| Bestar Investment Llc | -- | Wfg Title | |
| Qiu Yong | $2,700,000 | Wfg National Title Company | |
| Lajoma Corp | $775,000 | Lawyers Title Company | |
| Juarez Anabella | -- | Lawyers Title Company | |
| Juarez Jose | $225,000 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lajoma Corp | $1,670,400 | |
| Previous Owner | Lajoma Corp | $789,000 | |
| Previous Owner | Juarez Anabella | $1,280,000 | |
| Previous Owner | Juarez Anabella | $105,000 | |
| Previous Owner | Juarez Jose | $455,000 | |
| Previous Owner | Juarez Jose | $157,500 | |
| Closed | Juarez Jose | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2019 09/17/19 | Sold | $2,700,000 | 0.0% | $348 / Sq Ft |
| 08/07/2019 08/07/19 | Pending | -- | -- | -- |
| 08/07/2019 08/07/19 | For Sale | $2,700,000 | +248.4% | $348 / Sq Ft |
| 06/26/2018 06/26/18 | Sold | $775,000 | -3.1% | $431 / Sq Ft |
| 02/14/2017 02/14/17 | For Sale | $800,000 | -- | $444 / 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 | $35,570 | $2,952,840 | $2,066,989 | $885,851 |
| 2024 | $35,570 | $2,894,942 | $2,026,460 | $868,482 |
| 2023 | $34,884 | $2,838,179 | $1,986,726 | $851,453 |
| 2022 | $33,267 | $2,782,529 | $1,947,771 | $834,758 |
| 2021 | $32,834 | $2,727,971 | $1,909,580 | $818,391 |
| 2019 | $9,627 | $790,500 | $632,400 | $158,100 |
| 2018 | $3,677 | $286,389 | $229,115 | $57,274 |
| 2016 | $3,505 | $275,269 | $220,219 | $55,050 |
| 2015 | $3,457 | $271,136 | $216,912 | $54,224 |
| 2014 | $3,478 | $265,825 | $212,663 | $53,162 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller's Agent in 2018
Jonathan Prakash
Equity Union
(424) 600-7620
6 Total Sales
-
Seller Co-Listing Agent in 2018
Derrick Vartanian
Lyon Stahl Investment Real Estate, Inc.
(310) 482-2200
13 Total Sales
-
O
Buyer's Agent in 2018
Out of Area Out of Area
Out of Area
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW19198614
APN: 5056-005-012
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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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