Seller's Agent in 2021
Carrie Uva
24 Hour Real Estate
(562) 761-0597
1 in this area
63 Total Sales
244 E 61st St Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $721,000 - $1,355,000
6
Beds
5
Baths
8,968
Sq Ft
$114/Sq Ft
Est. Value
About This Home
As of October 2021Terrific Investment Opportunity. 12 units total. 7 units that are One Bedroom and One bathroom; 3 units that are 2 bedrooms and 1 bath; 1 unit that is a single unit and 1 unit that is 3 bedrooms and 2 bathrooms. Conveniently located near freeways, shopping, restaurants. Most of the Tenants are long term tenants.
Last Agent to Sell the Property
24 Hour Real Estate License #01152047 Listed on: 09/10/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,665
Year Built
- Built in 1964
Lot Details
- 9,250 Sq Ft Lot
- Two or More Common Walls
Home Design
- Property Attached
Interior Spaces
- 8,968 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 10 Parking Spaces
- 10 Attached Carport Spaces
- Parking Available
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 239
- Assessor Parcel Number 6006009008
- $1,426 per year additional tax assessments
Community Details
Building Details
- 12 Leased Units
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $6,192
- Maintenance Expense $7,764
- Other Expense $6,996
- Pest Control $420
- Water Sewer Expense $21,216
- Operating Expense $37,439
- Gross Income $10,315
- Net Operating Income $66,136
Additional Features
- 12 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 15, 2020
Sold by
Choi Sunghan
Bought by
Lee Sung Eun
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,000
Outstanding Balance
$542,290
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$477,874
Purchase Details
Closed on
Aug 15, 2019
Sold by
Miller Regina
Bought by
Obsidian Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
3.5%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Sung Eun | -- | Provident Title Company | |
| Obsidian Development Llc | $330,000 | Orange Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Sung Eun | $611,000 | |
| Closed | Obsidian Development Llc | $610,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/19/2021 10/19/21 | Sold | $1,280,000 | +11.3% | $143 / Sq Ft |
| 09/12/2021 09/12/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $1,150,000 | -- | $128 / 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 | $12,665 | $1,038,960 | $514,012 | $524,948 |
| 2024 | $12,665 | $1,018,589 | $503,934 | $514,655 |
| 2023 | $12,422 | $998,617 | $494,053 | $504,564 |
| 2022 | $11,847 | $979,037 | $484,366 | $494,671 |
| 2021 | $11,516 | $959,841 | $474,869 | $484,972 |
| 2020 | $4,193 | $330,000 | $264,000 | $66,000 |
| 2019 | $488 | $21,697 | $14,033 | $7,664 |
| 2018 | $426 | $21,272 | $13,758 | $7,514 |
| 2016 | $395 | $20,448 | $13,225 | $7,223 |
| 2015 | $392 | $20,142 | $13,027 | $7,115 |
| 2014 | $403 | $19,748 | $12,772 | $6,976 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Uva
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21200893
APN: 6005-018-012
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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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