$617,000
SOLD JUN 4, 2021
6 Beds
4 Baths
2,604 Sq Ft
6,531 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

8% Below List Price

89 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence
  • Wood Burning Fireplace
  • Laundry Room
  • Turnkey
  • Wall Furnace

About This Home

As of June 2021

Great opportunity to purchase a Triplex Investment Property. New houses have been constructed and renovated on this street demonstrating and up and coming neighborhood. Unit #1 3/2, Unit #2-2/1, Unit #3-1/1. All Units have their own private yard or Patio Porch. New Exterior Paint, New Main Electrical Panels and New Roof for the Rear Structure. Laundry Hook Ups for all three units. Separate Gas and Electric Meters for each unit. This property is located less than 5 min from USC, Banc of California Stadium, Science Museum, LA Coliseum, Metro Line and 110 freeway.

Last Agent to Sell the Property

Efren Hernandez

Pacifico Realty Inc. License #01347697 Listed on: 01/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,370

Year Built

  • Built in 1922

Lot Details

  • 6,531 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Property Attached
  • Turnkey
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 2,604 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 23 / B
  • Tax Tract Number 9983
  • Assessor Parcel Number 5110008012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $2,160
  • New Taxes Expense $8,688
  • Operating Expense $2,160
  • Net Operating Income $15,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,370

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-838-0669
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2160.00
  • Zoning: LAR2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5110008012
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Fireplace Features: Wood Burning
  • Levels: One
  • Price Per Square Foot: 236.94

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6531.00
  • Lot Size Acres: 0.1499

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 875 Square Feet
  • Average3 Bed Area: 850 Square Feet
  • Gross Scheduled Income: 17208.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6531.0000 Square Feet
  • Net Operating Income: 15048.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 2160.00
  • Rent Control: Yes
  • Total Actual Rent: 1434.00
  • Total Expenses: 2160.00

Tax Info

  • New Taxes Expense: 8688.00
  • Tax Block: B
  • Tax Census Tract: 2319.00
  • Tax Lot: 23
  • Tax Tract Number: 9983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2024
Sold by
Lee Eunsook
Bought by
Lee Eunsook and Yun Jae Chun
Current Estimated Value
$697,825

Purchase Details

Closed on
Nov 14, 2024
Sold by
Chun Yun Jae
Bought by
Lee Eunsook

Purchase Details

Closed on
Aug 28, 2024
Sold by
Hwang Grace
Bought by
Lee Eunsook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,115
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2021
Closed on
May 26, 2021
Sold by
Hernandez Efren and Flores Oscar Romero
Bought by
Hwang Grace
Seller's Agent
Efren Hernandez
Pacifico Realty Inc.
List Price
$674,000
Sold Price
$617,000
Premium/Discount to List
-$57,000
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
Original Mortgage
$217,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2018
Closed on
Dec 26, 2018
Sold by
Arredondo Guadalupe and The Socorro Gonzalez Arredondo
Bought by
Hernandez Efren and Flores Oscar Romero
Seller's Agent
Luis Garcia
eXp Realty of California Inc
Buyer's Agent
Richard Zigrang
NON-MEMBER/NBA or BTERM OFFICE
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$67,500
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 4, 2018
Closed on
Dec 20, 2018
Sold by
Hernandez Jasmin
Bought by
Flores Oscar Romero
Seller's Agent
Luis Garcia
eXp Realty of California Inc
Buyer's Agent
Richard Zigrang
NON-MEMBER/NBA or BTERM OFFICE
List Price
$435,000
Sold Price
$450,000
Premium/Discount to List
$15,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 25, 2013
Sold by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe

Purchase Details

Closed on
Jun 11, 2010
Sold by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2003
Sold by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Bought by
Arredondo Socorro Gonzalez and Arredondo Guadalupe
Source: Public Records

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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
Gift Deed -- --
Gift Deed -- --
Quit Claim Deed -- Lawyers Title
Quit Claim Deed -- Lawyers Title
Grant Deed $680,000 Lawyers Title
Grant Deed $680,000 Lawyers Title
Grant Deed $617,000 Usa National Title Co Inc
Grant Deed $450,000 Lawyers Title
Quit Claim Deed -- Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $588,115 FHA
Previous Owner $217,000 New Conventional
Previous Owner $430,500 New Conventional
Previous Owner $67,500 Construction
Previous Owner $270,000 Construction
Previous Owner $70,000 Commercial
Previous Owner $101,000 Unknown
Previous Owner $143,994 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $617,000 -1.2% $237 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
03/03/2021 03/03/21 Price Changed $624,400 -3.9% $240 / Sq Ft
02/16/2021 02/16/21 Price Changed $649,500 -3.6% $249 / Sq Ft
01/25/2021 01/25/21 For Sale $674,000 +49.8% $259 / Sq Ft
01/18/2019 01/18/19 Sold $450,000 +3.4% $173 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/04/2018 08/04/18 For Sale $435,000 -- $167 / 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
2024 $8,370 $654,763 $392,646 $262,117
2023 $8,214 $641,926 $384,948 $256,978
2022 $7,843 $629,340 $377,400 $251,940
2021 $7,089 $561,658 $396,768 $164,890
2020 $7,155 $555,900 $392,700 $163,200
2019 $2,665 $185,695 $55,701 $129,994
2018 $2,518 $182,055 $54,609 $127,446
2016 $2,384 $174,989 $52,490 $122,499
2015 $2,353 $172,361 $51,702 $120,659
2014 $2,381 $168,986 $50,690 $118,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21012520

California Regional Multiple Listing Service (CRMLS)

APN: 5110-008-012