NOT LISTED FOR SALE

2521 Pennsylvania Ave Los Angeles, CA 90033

Estimated Value: $697,000 - $1,036,000

3 Beds
2 Baths
1,064 Sq Ft
$772/Sq Ft Est. Value

Last Sold December 29, 2015

Last sale price $360,000 $338 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,886/month

16 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 4-minute walk to Soto
  • No HOA
  • Felicitas and Gonzalo Mendez High Rated A-
  • Property is near a park
  • Laundry Room

About This Home

As of December 2015

Duplex in convenient neighborhood. The Front unit is on month-to-month. The back unit needs TLC. Great potential. Must see to appreciate ***

Last Agent to Sell the Property

JOSEPH NUNG

C-21 WEST COAST BROKERS License #01754446 Listed on: 11/23/2015

Last Buyer's Agent

Esmeralda Castaneda

Coldwell Banker Realty License #01302759

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1918

Lot Details

  • 5,421 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Interior Spaces

  • 1,064 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 5 / D
  • Tax Tract Number 2042
  • Assessor Parcel Number 5180007024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Trash Expense $50
  • New Taxes Expense $200
  • Operating Expense $650
  • Gross Income $850
  • Net Operating Income $8,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,035

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5180007024
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 338.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Washer Hookup
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5421.00
  • Price Per Lot Square Foot: 66.41
  • Lot Size Acres: 0.1240

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 850.00
  • Gross Scheduled Income: 10200.00
  • Insurance Expense: 400.00
  • Lot Size Area: 5421.0000 Square Feet
  • Net Operating Income: 8200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: Yes
  • Total Expenses: 650.00

Tax Info

  • New Taxes Expense: 200.00
  • Tax Block: D
  • Tax Lot: 5
  • Tax Tract Number: 2042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Cheng Kevin Chung Lee and Ngo Julie
Bought by
Cheng Kelvin Chung Lee and Ngo Julie
Current Estimated Value
$821,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Outstanding Balance
$230,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$600,410

Purchase Details

Closed on
Nov 2, 2020
Sold by
Cheng Kevin Chung Lee and Ngo Julie
Bought by
Cheng Kevin Chung Lee and Ngo Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Outstanding Balance
$230,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$600,410

Purchase Details

Listed on
Nov 23, 2015
Closed on
Dec 4, 2015
Sold by
Nakatsui Kiyoshi and Nakatsui Mamoru
Bought by
Chang Kevin Chung Lee and Ngo Julie
Seller's Agent
JOSEPH NUNG
C-21 WEST COAST BROKERS
Buyer's Agent
Esmeralda Castaneda
Coldwell Banker Realty
List Price
$355,000
Sold Price
$360,000
Premium/Discount to List
$5,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Nakatsui Mamoru
Bought by
Nakatsui Mamoru and The Mamoru & Carol Nakatsui Fa

Purchase Details

Closed on
Aug 25, 1998
Sold by
Nakatsui Shigeru and Nakatsui Eiko
Bought by
Nakatsui Eiko and Nakatsui 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
Cheng Kelvin Chung Lee -- None Available
Cheng Kevin Chung Lee -- Wfg National Title Co Of Ca
Chang Kevin Chung Lee $339,000 First American Title Company
Nakatsui Mamoru -- None Available
Nakatsui Kiyoshi -- None Available
Nakatsui Eiko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Kevin Chung Lee $259,000
Closed Cheng Kevin Ceung Lee $275,000
Previous Owner Nakatsui Eiko $150,000
Previous Owner Nakatsui Eiko $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Sold $360,000 +1.4% $338 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/14/2015 11/14/15 For Sale $355,000 -- $334 / 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 $5,035 $401,300 $272,269 $129,031
2024 $5,035 $393,432 $266,931 $126,501
2023 $4,941 $385,719 $261,698 $124,021
2022 $4,716 $378,157 $256,567 $121,590
2021 $4,655 $370,743 $251,537 $119,206
2020 $4,698 $366,942 $248,958 $117,984
2019 $4,519 $359,748 $244,077 $115,671
2018 $4,440 $352,695 $239,292 $113,403
2016 $4,236 $339,000 $230,000 $109,000
2015 $646 $44,829 $22,580 $22,249
2014 -- $43,952 $22,138 $21,814
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    JOSEPH NUNG

    C-21 WEST COAST BROKERS

    Section Image
  • Esmeralda Castaneda

    Buyer's Agent in 2015

    Esmeralda Castaneda

    Coldwell Banker Realty

    (323) 273-4515

    22 Total Sales

    Esmeralda Castaneda
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15246935

California Regional Multiple Listing Service (CRMLS)

APN: 5180-007-024

California Los Angeles County Los Angeles 90033

2521 Pennsylvania Ave, Los Angeles, CA

This home is located at 2521 Pennsylvania Ave, Los Angeles, CA 90033 since 23 November 2015 and is currently estimated at $821,258, approximately $771 per square foot. This property was built in 1918. 2521 Pennsylvania Ave is a home located in Los Angeles County with nearby schools including Breed Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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