C
Seller's Agent in 2018
Chuck Liu
SIGNAL REALTY
(626) 898-2638
41 Total Sales
2428 Hancock St Los Angeles, CA 90031
Lincoln Heights Neighborhood
8
Beds
4
Baths
1
Sq Ft
7,750
Sq Ft Lot
Highlights
- All Bedrooms Downstairs
- City Lights View
- Laundry Room
- Abraham Lincoln High School Rated A
- Cooling System Mounted To A Wall/Window
- 3-minute walk to Ela Park
About This Home
As of September 2018Location, Location, Location. Located in prime area of Lincoln Heights, one block to Broadway, with public transportation and shopping centers. Great income property that the rent can pay for the mortgage and live for free. First unit has 2 bedrooms and 1 bath. Second unit has 2 bedrooms and 1 bath. Both units are appx 900 SF. The main unit has 4 bedrooms and 2 full baths and 2 large lofts appx 700 SF (not included in the living size) that can be use as 2 additional bedrooms. Gated parking area that can park up to 9 cars inside, pretty of parking spaces. The property is convenient to schools, parks, shopping centers, easy access to freeway. Minutes to Downtown (convenient public transportation to Downtown). Must see to appreciate. Won't Last.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,399
Year Built
- Built in 1906
Lot Details
- 7,750 Sq Ft Lot
- No Common Walls
- Level Lot
- Back and Front Yard
Property Views
- City Lights
- Neighborhood
Home Design
- Triplex
Interior Spaces
- 1 Sq Ft Home
- Attic Fan
- Laundry Room
Kitchen
- Gas Oven
- Gas Cooktop
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 4 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 5208006016
Community Details
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $600
- Trash Expense $600
- Water Sewer Expense $1,200
- New Taxes Expense $1,666
- Operating Expense $4,066
- Gross Income $24,300
- Net Operating Income $24,300
Additional Features
- 3 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2018
Closed on
Sep 17, 2018
Sold by
Wong Po Chun and Fung Jacky Ling Kit
Bought by
Li Pei Pei and Wong Po Chun
Seller's Agent
Chuck Liu
SIGNAL REALTY
Buyer's Agent
Chuck Liu
SIGNAL REALTY
List Price
$699,000
Sold Price
$673,000
Premium/Discount to List
-$26,000
-3.72%
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
$452,695
Avg. Annual Appreciation
6.42%
Original Mortgage
$538,400
Outstanding Balance
$470,481
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$569,421
Purchase Details
Listed on
Jun 12, 2018
Closed on
Sep 10, 2018
Sold by
Chau Ida
Bought by
Wong Po Chun and Fung Jacky Ling Kit
Seller's Agent
Chuck Liu
SIGNAL REALTY
Buyer's Agent
Chuck Liu
SIGNAL REALTY
List Price
$699,000
Sold Price
$673,000
Premium/Discount to List
-$26,000
-3.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,400
Outstanding Balance
$470,481
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$569,421
Purchase Details
Closed on
Oct 10, 2000
Sold by
Tran Thuong
Bought by
Ung Sat A and Chau Ida
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
7.96%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $673,000 | Wfg Title Company Of Califor | |
| Grant Deed | $188,500 | American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $538,400 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $138,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2018 11/27/18 | Rented | $1,400 | 0.0% | -- |
| 11/09/2018 11/09/18 | For Rent | $1,400 | 0.0% | -- |
| 09/20/2018 09/20/18 | Sold | $673,000 | -3.7% | $673,000 / Sq Ft |
| 06/27/2018 06/27/18 | Pending | -- | -- | -- |
| 06/12/2018 06/12/18 | For Sale | $699,000 | -- | $699,000 / 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 | $9,399 | $750,740 | $527,639 | $223,101 |
| 2024 | $9,399 | $736,021 | $517,294 | $218,727 |
| 2023 | $9,223 | $721,590 | $507,151 | $214,439 |
| 2022 | $8,807 | $707,442 | $497,207 | $210,235 |
| 2021 | $8,690 | $693,571 | $487,458 | $206,113 |
| 2019 | $8,437 | $673,000 | $473,000 | $200,000 |
| 2018 | $3,369 | $249,618 | $158,911 | $90,707 |
| 2017 | $3,300 | $244,725 | $155,796 | $88,929 |
| 2016 | $3,195 | $239,928 | $152,742 | $87,186 |
| 2015 | $3,153 | $236,325 | $150,448 | $85,877 |
| 2014 | $3,183 | $231,696 | $147,501 | $84,195 |
Source: Public Records
Agents Affiliated with this Home
-
Chuck Liu
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18137739
APN: 5208-006-016
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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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