NOT LISTED FOR SALE

Estimated Value: $796,989 - $1,058,000

4 Beds
3 Baths
2,717 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $745,000 $274 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,606/month

157 Days on Market

About This Home

As of April 2022

3 Units , 2 separate buildings in Lincoln Heights area.

Last Agent to Sell the Property

Ali Hijazi

Century 21 A Better Service License #01423794 Listed on: 10/25/2021

Century 21 A Better Service

Last Buyer's Agent

Jacob Lee

ACRES License #02123345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,768

Year Built

  • Built in 1921

Lot Details

  • 3,803 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 2,717 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 5211018012
  • $431 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,768

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 250000
  • Property Attached: Yes
  • Zoning: LARD3
  • Property Type: Residential Income
  • Parcel Number: 5211018012
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 274.20

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3803.00
  • Lot Size Acres: 0.0873

Multi Family

  • Gross Income: 4579.00
  • Gross Scheduled Income: 54948.00
  • Lot Size Area: 3803.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1991.20
  • Tax Lot: 103
  • TaxOtherAnnualAssessmentAmount: 431.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Mar 25, 2022
Sold by
Sheila W Cheung Revocable Trust
Bought by
Lee Jacob and Lee Angela
Seller's Agent
Ali Hijazi
Century 21 A Better Service
Buyer's Agent
Jacob Lee
ACRES
List Price
$750,000
Sold Price
$745,000
Premium/Discount to List
-$5,000
-0.67%
Current Estimated Value
$875,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,335
Avg. Annual Appreciation
4.25%
Original Mortgage
$558,750
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Cheung Sheila W and The Sheila W Cheung Revocable
Bought by
Cheung Sheila W and The Sheila W Cheung Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2016
Sold by
Wong Alfred K and Wong Alfred Kowk
Bought by
The Shella W Cheung Revocable Trust

Purchase Details

Closed on
Oct 8, 2015
Sold by
Wolf & Moose Investment Llc
Bought by
Wong Alfred K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2015
Sold by
Lee Selma and Lee Stacy
Bought by
Wolf & Moose Investment Llc and Chronocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2012
Sold by
Gee Jin S and Lee Stephanie
Bought by
Lee Selma and Lee Stacy

Purchase Details

Closed on
Mar 9, 2012
Sold by
Lee Stephanie
Bought by
Gee Jin S and Lee Stephanie

Purchase Details

Closed on
Dec 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Selma and Lee Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Gee Jin Song
Bought by
Gee Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
Carbajal Blanca D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 28, 2006
Sold by
Fong Leona T and Bernard & Leona Fong Family Su
Bought by
Carbajal Blanca D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 7, 2005
Sold by
Fong Leona T and Bernard & Leona Fong Family Tr
Bought by
Fong Leona T and Bernard & Leona Fong Family Su
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
Lee Jacob $745,000 New Title Company Name
Cheung Sheila W -- Wfg National Title Company
Wong Alfred K -- Wfg National Title Company
The Shella W Cheung Revocable Trust $85,000 Title 365
Wong Alfred K $535,000 Title 365
Wolf & Moose Investment Llc -- Title 365
Lee Selma -- Accommodation
Gee Jin S -- None Available
Lee Selma $211,000 Lsi Title Company Ca
Gee Stephanie -- Lsi Title Company
Federal Home Loan Mortgage Corporation $182,483 Accommodation
Carbajal Blanca D $510,000 First American Title Co
Fong Leona T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jacob $558,750
Previous Owner Cheung Sheila W $442,000
Previous Owner Cheung Sheila W $444,500
Previous Owner Wong Alfred K $374,500
Previous Owner Lee Selma $273,000
Previous Owner Lee Selma $168,800
Previous Owner Carbajal Blanca D $512,000
Previous Owner Carbajal Blanca D $357,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $745,000 -0.7% $274 / Sq Ft
04/01/2022 04/01/22 For Sale $750,000 +0.7% $276 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/24/2022 03/24/22 Off Market $745,000 -- --
03/04/2022 03/04/22 Price Changed $750,000 -6.3% $276 / Sq Ft
03/01/2022 03/01/22 For Sale $800,000 +7.4% $294 / Sq Ft
02/28/2022 02/28/22 Off Market $745,000 -- --
01/03/2022 01/03/22 For Sale $800,000 +7.4% $294 / Sq Ft
01/01/2022 01/01/22 Off Market $745,000 -- --
11/27/2021 11/27/21 Price Changed $800,000 -8.6% $294 / Sq Ft
11/05/2021 11/05/21 Price Changed $875,000 -2.8% $322 / Sq Ft
10/25/2021 10/25/21 For Sale $900,000 -- $331 / 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 $9,768 $790,599 $551,828 $238,771
2024 $9,768 $775,098 $541,008 $234,090
2023 $9,584 $759,900 $530,400 $229,500
2022 $7,418 $596,796 $358,079 $238,717
2021 $7,318 $585,095 $351,058 $234,037
2020 $7,387 $579,597 $347,459 $232,138
2019 $7,104 $568,244 $340,647 $227,597
2018 $7,015 $557,113 $333,968 $223,145
2016 $6,690 $535,000 $321,000 $214,000
2015 $4,254 $330,567 $188,708 $141,859
2014 $4,285 $324,093 $185,012 $139,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21235504

California Regional Multiple Listing Service (CRMLS)

APN: 5211-018-012