NOT LISTED FOR SALE

2418 Folsom St Los Angeles, CA 90033

Estimated Value: $1,281,000 - $2,762,000

4 Beds
3 Baths
1,500 Sq Ft
$1,507/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $575,000 $383 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $14,624/month

Highlights

  • Main Floor Bedroom
  • No HOA
  • Family Room
  • Felicitas and Gonzalo Mendez High Rated A-
  • Laundry Room

About This Home

As of July 2024

Newer Construction Townhouse. 4 Bedroom 3 Full Bath. One bedroom downstairs and three bedroom upstairs. Next to downtown LA Arts District, Little Tokyo, USC Medical Center, The Antonio Winery, Mariachi Plaza and much more. Conveniently minutes away from the Metro gold line, quick access to the 10, 110, 101, 5, 10, 60, 710 freeways, Individually metered for electric, gas, and water. Stainless steel appliances.

Last Agent to Rent the Property

Shiang Chou

Lucky Real Estate Brokerage Phone: 714-930-3690 License #01886862 Listed on: 06/26/2024

Last Renter's Agent

Shiang Chou

Lucky Real Estate Brokerage Phone: 714-930-3690 License #01886862 Listed on: 06/26/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $28,836

Year Built

  • Built in 2019

Lot Details

  • 6,999 Sq Ft Lot
  • 1 Common Wall

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes gardener
  • Available 6/1/23
  • Tax Lot 9
  • Tax Tract Number 12

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$28,836

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-06-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Size Limit

Listing Details

  • Structure Type: Multi Family
  • Inclusions: Refrigerator, Washer & Dryer
  • Other Phone Description: 7149303690
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.53
  • Room Type: Family Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6999.00
  • Lot Size Acres: 0.1607
  • Latitude Manual: 34.04812000

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 6999.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Gardener

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
2418 Folsom Llc
Bought by
Wu-Hsiung And Kuei-Hsiu Chou Family Trust
Current Estimated Value
$2,260,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Outstanding Balance
$1,430,975
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$829,405

Purchase Details

Closed on
Jan 14, 2021
Sold by
Smith Devon and Stevens Devin L
Bought by
2418 Folsom Llc

Purchase Details

Closed on
Jul 11, 2020
Sold by
2418 Folsom Llc
Bought by
Smith Devon and Stevens Devin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2017
Closed on
Dec 28, 2017
Sold by
Renteria Vianey Selenc
Bought by
Arredondo Jorge
Seller's Agent
Jesse Uribe
Towne Center Realtors, Inc.
Buyer's Agent
Jesse Uribe
Towne Center Realtors, Inc.
List Price
$549,900
Sold Price
$575,000
Premium/Discount to List
$25,100
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.54%
Original Mortgage
$399,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2017
Closed on
Dec 14, 2017
Sold by
Lopez Eduardo and Uribe Jesse J
Bought by
2418 Folsom Llc
Seller's Agent
Jesse Uribe
Towne Center Realtors, Inc.
Buyer's Agent
Jesse Uribe
Towne Center Realtors, Inc.
List Price
$549,900
Sold Price
$575,000
Premium/Discount to List
$25,100
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2009
Sold by
Arredondo Jorge and Lopez Eduardo
Bought by
Lopez Eduardo and Uribe Jesse J

Purchase Details

Closed on
Jul 22, 2005
Sold by
Arredondo Jorge
Bought by
Arredondo Jorge and Lopez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 2004
Sold by
Johnson Guadalupe and Perez Margarita Amigon
Bought by
Maganda Edelmira

Purchase Details

Closed on
Jul 8, 2004
Sold by
Maganda Edelmira
Bought by
Arredondo Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1996
Sold by
Garcia Fidel
Bought by
Maganda Edelmira and Johnson Guadalupe

Purchase Details

Closed on
Mar 31, 1995
Sold by
Zapata Raymond P and Zapata Carmen D
Bought by
Maganda Edelmira and Garcia Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,003
Interest Rate
8.46%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 1994
Sold by
Zapata Raymond P and Zapata Carmen D
Bought by
Zapata Raymond P and Zapata Carmen D
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
Wu-Hsiung And Kuei-Hsiu Chou Family Trust $2,300,000 Provident Title
2418 Folsom Llc -- None Available
Smith Devon -- Provident Title Company
Arredondo Jorge -- None Available
2418 Folsom Llc $575,000 None Available
Lopez Eduardo -- None Available
Arredondo Jorge -- None Available
Maganda Edelmira -- First American Title Company
Arredondo Jorge $295,000 First American Title Company
Maganda Edelmira -- --
Maganda Edelmira $155,000 Progressive Title Company
Zapata Raymond P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu-Hsiung And Kuei-Hsiu Chou Family Trust $1,495,000
Previous Owner Smith Devon $1,400,000
Previous Owner 2418 Folsom Llc $1,162,500
Previous Owner 2418 Folsom Llc $399,000
Previous Owner Arredondo Jorge $340,000
Previous Owner Arredondo Jorge $236,000
Previous Owner Maganda Edelmira $152,003
Closed Arredondo Jorge $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2024 07/28/24 Rented $3,800 0.0% --
06/26/2024 06/26/24 For Rent $3,800 +8.6% --
06/27/2023 06/27/23 Rented $3,500 0.0% --
05/29/2023 05/29/23 For Rent $3,500 0.0% --
01/03/2018 01/03/18 Sold $575,000 +4.6% $213 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $549,900 -4.4% $204 / Sq Ft
11/03/2017 11/03/17 Off Market $575,000 -- --
11/02/2017 11/02/17 For Sale $549,900 -4.4% $204 / Sq Ft
11/01/2017 11/01/17 Off Market $575,000 -- --
09/09/2017 09/09/17 For Sale $549,900 -- $204 / 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 $28,836 $2,392,920 $832,320 $1,560,600
2024 $28,836 $2,346,000 $816,000 $1,530,000
2023 $28,277 $2,300,000 $800,000 $1,500,000
2022 $16,504 $1,357,594 $616,515 $741,079
2021 $16,279 $1,330,976 $604,427 $726,549
2020 $16,440 $1,317,330 $598,230 $719,100
2019 $3,541 $586,500 $586,500 $0
2018 $4,623 $361,383 $239,740 $121,643
2016 $4,397 $347,352 $230,432 $116,920
2015 $4,335 $342,135 $226,971 $115,164
2014 $4,356 $335,434 $222,525 $112,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24131154

California Regional Multiple Listing Service (CRMLS)

APN: 5177-028-009