NOT LISTED FOR SALE

2519 W 18th St Los Angeles, CA 90019

Arlington Heights Neighborhood

Estimated Value: $1,071,000 - $1,450,000

6 Beds
2 Baths
2,913 Sq Ft
$454/Sq Ft Est. Value

Last Sold April 04, 2019

Last sale price $910,000 $312 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,183/month

154 Days on Market

About This Home

As of April 2019

GREAT INCOME DUPLEX($4500) Excellent Investment opportunity for either an Investor or Owner/Occupier. EASY TO MAINTAIN with low maintenance!! Each unit are very spacious 1,460sf/Unit, Lot 6,880sf to develop more unit. Upstair/Downstair has 3BR+1BA which boasts spacious Living Rooms & Dining area, Upgraded Bathrooms, Hardwood Floor,Bright & Airy Layout. Features three car garages, lots of parking, the large covered front door porch, sun room, huge deck off the back on upstairs to enjoy wonderful city view, well maintained backyard. Great /High demand area by Staple Center, USC, Koreatown. **Potential with tons of rental upside (project income $5600). Regular Housing Inspection was passed with minor problems recently. DRIVE BY ONLY! STABLE INCOME WITH SOLID QUIET TENANTS**

Last Agent to Sell the Property

Kevin IM

Ivy Realty Co. License #01860439 Listed on: 08/27/2018

Last Buyer's Agent

Hyo Lee

License #01785524

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,441

Year Built

  • Built in 1904

Lot Details

  • 6,880

Interior Spaces

  • 2,913 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • 6,880 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5072-031-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,441

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2913
  • Stories: 2
  • Year Built: 1904
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 325.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Expense: 175.00

Lot Info

  • Assessed Improvement Value: 129917
  • Assessed Land Value: 422497
  • Assessor Parcel Number: 5072-031-005
  • Geocode Override: No
  • Lot Size Area: 6880

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2018
Closed on
Mar 4, 2019
Sold by
Rhee Jeeyoon
Bought by
Chang Susey Soo Hee
Seller's Agent
Kevin IM
Ivy Realty Co.
Buyer's Agent
Hyo Lee
List Price
$949,000
Sold Price
$910,000
Premium/Discount to List
-$39,000
-4.11%
Current Estimated Value
$1,321,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,617
Avg. Annual Appreciation
5.34%
Original Mortgage
$728,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2013
Closed on
May 30, 2013
Sold by
The Bank Of New York Mellon
Bought by
Rhee Jeeyoon
Seller's Agent
Joyce Essex Harvey
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$449,900
Sold Price
$522,700
Premium/Discount to List
$72,800
16.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$375,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2012
Sold by
Pech Luis
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 4, 2006
Sold by
Dawson Conrad and Dawson Conrad D
Bought by
Pech Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Dawson Ronald M
Bought by
Dawson Conrad D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 1998
Sold by
Dawson Paz Leonor
Bought by
Dawson Ronald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 15, 1998
Sold by
Dawson Paz Leonor
Bought by
Dawson Ronald M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.11%
Mortgage Type
Stand Alone Second
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
Chang Susey Soo Hee $910,000 Provident Title
Rhee Jeeyoon $523,000 Title365
Rhee Jeeyoon -- Title365
The Bank Of New York Mellon $616,503 None Available
Pech Luis $715,000 Progressive Title Company
Dawson Conrad D -- Old Republic Title Company
Dawson Ronald M -- Gateway Title
Dawson Ronald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Susey Soo-Hee $91,700
Open Chang Susey Soo Hee $705,000
Closed Chang Susey Soo Hee $728,000
Previous Owner Rhee Jeeyoon $375,000
Previous Owner Pech Luis $572,000
Previous Owner Dawson Conrad D $350,000
Previous Owner Dawson Ronald M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2019 04/04/19 Sold $910,000 -4.1% $312 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
08/27/2018 08/27/18 For Sale $949,000 +81.6% $326 / Sq Ft
07/12/2013 07/12/13 Sold $522,700 +16.2% $179 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $449,900 -- $154 / Sq Ft
Source: The MLS

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 $12,441 $1,015,116 $609,070 $406,046
2024 $12,441 $995,213 $597,128 $398,085
2023 $12,207 $975,700 $585,420 $390,280
2022 $11,651 $956,570 $573,942 $382,628
2021 $11,499 $937,815 $562,689 $375,126
2019 $4,010 $574,729 $439,564 $135,165
2018 $7,058 $563,461 $430,946 $132,515
2016 $6,730 $541,583 $414,213 $127,370
2015 $6,634 $533,449 $407,992 $125,457
2014 $7,191 $523,000 $400,000 $123,000
Source: Public Records

Agents Affiliated with this Home

  • Kevin IM

    Seller's Agent in 2019

    Kevin IM

    Ivy Realty Co.

    (213) 505-6345

    21 Total Sales

    Kevin IM
    Section Image

  • H

    Buyer's Agent in 2019

    Hyo Lee

  • J

    Seller's Agent in 2013

    Joyce Essex Harvey

    Coldwell Banker Realty

    Section Image

  • S

    Buyer's Agent in 2013

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 18-379530

The MLS

APN: 5072-031-005

California Los Angeles County Los Angeles 90019 Arlington Heights

2519 W 18th St, Los Angeles, CA

This home is located at 2519 W 18th St, Los Angeles, CA 90019 since 27 August 2018 and is currently estimated at $1,321,617, approximately $453 per square foot. This property was built in 1904. 2519 W 18th St is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

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