$350,000
SOLD AUG 4, 2012
-- Bed
-- Bath
2,456 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

10% Below List Price

7 Days on Market

About This Home

As of September 2018

Nice 4 units, close to downtown Los Angeles Wilshire district. Close to schools and public transportation. All units are 1-bedroom/ 1-bath. Property very well kept.

Last Agent to Sell the Property

Robert Benson

Centerpointe Real Estate License #01900411 Listed on: 07/09/2012

Last Buyer's Agent

Robert Benson

Centerpointe Real Estate License #01900411 Listed on: 07/09/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,308

Year Built

  • Built in 1924

Lot Details

  • 6,752 Sq Ft Lot
  • Land Lease

Parking

  • 2 Parking Spaces

Home Design

  • 2,456 Sq Ft Home
  • Spanish Architecture
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 5154012012

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $1,500
  • Water Sewer Expense $280
  • New Taxes Expense $11,237
  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,308

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 280.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5154012012
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 142.51

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 6752.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 2400.00
  • Gross Multiplier: 144.07
  • Gross Scheduled Income: 2700.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6752.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4

Tax Info

  • New Taxes Expense: 11237.00
  • Tax Area: 67
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Hsu Molly L
Bought by
Daughters Of Charity Foundation
Current Estimated Value
$1,134,431

Purchase Details

Listed on
Aug 7, 2018
Closed on
Jul 23, 2018
Sold by
Cegelski Wendi
Bought by
Hsu Molly L
Seller's Agent
Sean Robbins
eXp Realty of California Inc
Buyer's Agent
Molly Hsu
IRN Realty
List Price
$790,000
Sold Price
$750,000
Premium/Discount to List
-$40,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2013
Closed on
Aug 22, 2013
Sold by
Flynn Micheal and Flynn Michael Richard
Bought by
Cegelski Wendi
Seller's Agent
Talwinder Rana
On It Realty
Buyer's Agent
Talwinder Rana
On It Realty
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%

Purchase Details

Listed on
Aug 23, 2012
Closed on
Apr 23, 2013
Sold by
Ktls Investments Inc
Bought by
Flynn Michael Richard
Seller's Agent
Talwinder Rana
On It Realty
Buyer's Agent
Chieh-Jen Ma
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$219,300
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 9, 2012
Closed on
Jul 18, 2012
Sold by
Rivadeneira Jose Vicente and Elizondo Ibana Mercedes Selva
Bought by
Ktls Investments Inc
Seller's Agent
Robert Benson
Centerpointe Real Estate
Buyer's Agent
Robert Benson
Centerpointe Real Estate
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$210,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2007
Sold by
Aguirre Celina
Bought by
Rivadeneira Jose Vicente and Elizondo Ibania Mercedes Selva
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 Type Sale Price Title Company
Grant Deed $1,100,000 First American Title Company
Grant Deed $771,000 Stewart Title
Grant Deed $385,000 Lsi
Grant Deed $365,000 Lsi
Grant Deed $350,000 Calcounties Title Nation
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $400,000 New Conventional
Previous Owner $219,300 Purchase Money Mortgage
Previous Owner $210,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $750,000 -5.1% $611 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $790,000 +105.2% $643 / Sq Ft
10/02/2013 10/02/13 Sold $385,000 0.0% $314 / Sq Ft
05/14/2013 05/14/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $385,000 +5.5% $314 / Sq Ft
05/03/2013 05/03/13 Sold $365,000 -2.7% $297 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $375,000 +7.1% $305 / Sq Ft
08/04/2012 08/04/12 Sold $350,000 -10.0% $143 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $389,000 -- $158 / 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 $10,308 $1,100,000 $770,000 $330,000
2024 $10,308 $820,230 $683,527 $136,703
2023 $10,116 $804,148 $670,125 $134,023
2022 $9,658 $788,382 $656,986 $131,396
2021 $9,531 $772,924 $644,104 $128,820
2019 $9,252 $750,500 $625,000 $125,500
2018 $5,332 $415,285 $323,210 $92,075
2016 $5,086 $398,680 $310,660 $88,020
2015 $5,015 $392,692 $305,994 $86,698
2014 $5,059 $385,000 $300,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1203632

California Regional Multiple Listing Service (CRMLS)

APN: 5154-012-012