NOT LISTED FOR SALE

2436 Cincinnati St Los Angeles, CA 90033

Estimated Value: $2,353,000 - $3,369,000

16 Beds
16 Baths
8,068 Sq Ft
$359/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $2,800,000 $347 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $18,642/month

1 Day on Market

Highlights

  • New Construction
  • Solar Power System
  • Dual Staircase
  • Felicitas and Gonzalo Mendez High Rated A-
  • City Lights View
  • Contemporary Architecture

About This Home

As of February 2022

WE ARE PROUD TP PRESENT THIS BEAUTIFUL NEW CONSTRUCTION LUXURIOUS, CONTEMPORARY QUA-DUPLEX, BROUGHT TO YOU BY ONE OF LA'S MOST REPUTABLE BUILDERS. THIS IS A TRI-LEVE, SIDE BY SIDE UNITS, ALL UNITS HAVE AN OPEN FLOOR LAYOUT, MASTER BEDROOMS IN ALL UNITS,
CUSTOM WINDOW BLINDS, STAINLESS STEEL APPLIANCES, TWO-TONE INTERIOR PAINT, LOW VOLTAGE LED LIGHTING FOR ENERGY SAVINGS, LAUNDRY ROOMS IN ALL UNITS, TANKLESS WATER HEATERS FOR INSTANT HOT WATER THROUGHOUT EACH UNIT, PLENTY OF PARKING WITH DECORATIVE PAVERS, ALL UNITS COME ATTACHED GARAGES, ALL UNITS ARE INDIVUAL METERED, OVER ALL THIS IS A SELD SUSTAINBLE PROPERTY WITH VERY LOW MAINTANCE COST, THIS IS A NO RENT CONTROL BUIDLNG.

Last Agent to Sell the Property

Joe Vivanco

Keller Williams SELA License #01218901 Listed on: 01/11/2022

Keller Williams SELA

Last Buyer's Agent

Cecilia Lee

Re/Max Premier Realty License #01977480

Re/Max Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,404

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,001 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Property Attached
  • Asphalt Roof

Interior Spaces

  • 8,068 Sq Ft Home
  • Dual Staircase
  • Laminate Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Solar Power System
  • Solar Heating System
  • Water-Smart Landscaping

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 5 / 13
  • Assessor Parcel Number 5177034006
  • $280 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Recreation

  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,800
  • Gross Income $168,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,404

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • CapRate: 6.00
  • Price Per Unit: 700000
  • Property Attached: Yes
  • Security: Automatic Gate, Security Lights, Security System
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 5177034006
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 347.05

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater
  • Heating Type: Central, Solar
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks

Green Features

  • Green Water Conservation: Flow Control, Water-Smart Landscaping
  • Efficiency: Appliances, Construction, HVAC, Lighting
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7001.00
  • Lot Size Acres: 0.1607

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 168000.00
  • Gross Multiplier: 16.66
  • Gross Scheduled Income: 168000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 7001.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 1890.00
  • Rent Control: No

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 2037.20
  • Tax Lot: 5
  • Tax Rate: 1.19
  • Tax Annual Amount: 33404.00
  • Tax Year: 2022
  • TaxOtherAnnualAssessmentAmount: 280.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Jan 7, 2022
Sold by
Lui Jonathan
Bought by
Kang Diana Linda
Seller's Agent
Joe Vivanco
Keller Williams SELA
Buyer's Agent
Cecilia Lee
Re/Max Premier Realty
List Price
$2,800,000
Sold Price
$2,800,000
Current Estimated Value
$2,895,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,974
Avg. Annual Appreciation
0.70%
Original Mortgage
$1,308,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2021
Sold by
Lajoma Corporation
Bought by
Kang Diana Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,308,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2020
Sold by
Sanchez Andrea Romero and The Sanchez Family Trust
Bought by
Lajoma Corporation Inc

Purchase Details

Closed on
Jul 14, 2009
Sold by
Sanchez Andrea Romero and Romero Andrea
Bought by
Sanchez Andrea Romero and The Sanchez Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kang Diana Linda -- None Listed On Document
Kang Diana Linda -- None Listed On Document
Kang Diana Linda $2,800,000 New Title Company Name
Kang Diana Linda $2,800,000 New Title Company Name
Lajoma Corporation Inc $500,000 Wfg Title Company
Sanchez Andrea Romero -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Diana Linda $1,308,000
Previous Owner Kang Diana Linda $1,308,000
Previous Owner Lajoma Corporation $1,009,771
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $2,800,000 0.0% $347 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $2,800,000 -- $347 / 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 $35,812 $2,971,381 $1,273,449 $1,697,932
2024 $35,812 $2,913,120 $1,248,480 $1,664,640
2023 $35,118 $2,856,000 $1,224,000 $1,632,000
2022 $6,167 $510,000 $510,000 $0
2021 $6,099 $500,000 $500,000 $0
2020 $602 $33,784 $23,505 $10,279
2019 $587 $33,123 $23,045 $10,078
2018 $496 $32,475 $22,594 $9,881
2016 $464 $31,216 $21,717 $9,499
2015 $459 $30,748 $21,391 $9,357
2014 $469 $30,146 $20,972 $9,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22005827

California Regional Multiple Listing Service (CRMLS)

APN: 5177-034-006