J
Seller's Agent in 2017
Joshua Cohen
Keller Williams South Bay
258 E 28th St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $845,000 - $1,315,000
6
Beds
4
Baths
3,129
Sq Ft
$344/Sq Ft
Est. Value
About This Home
As of June 2017Recently renovated four-unit real estate investment opportunity in the heart of Los Angeles. This charming property has been recently painted and is located on a quiet street. Three of the four units have been beautifully upgraded with new kitchens, cabinetry, flooring, new bathroom showers and vanities. The three bedroom unit has an attractive deck as well. The property is individually metered for gas/electricity.
Tenants have access to both secured on-site parking and plenty of off street parking. The property boasts a newer roof, landscaping, exterior paint, windows and stucco. It’s an exciting time to be in and around downtown because of the areas revitalization over the past 15 years.
The subject property is adjacent to several major attractions, such as the University of Southern California, the Staples Center and LA Live. Countless development projects continue to arise in downtown ranging from state of the art townhomes, entertainment hubs, shopping malls, Zagat restaurants, new schools and parks.
Last Agent to Sell the Property
Joshua Cohen
Keller Williams South Bay License #01346713 Listed on: 04/17/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,522
Year Built
- Built in 1908
Lot Details
- 6,258 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 5 Parking Spaces
Home Design
- 3,129 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 5128003020
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $19,455
- Gross Income $55,440
- Net Operating Income $34,876
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2017
Closed on
May 9, 2017
Sold by
Veteran Housing Llc
Bought by
Jlee Property Llc
Seller's Agent
Joshua Cohen
Keller Williams South Bay
Buyer's Agent
Sue Kim
Bee Investment, Inc.
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
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
$345,280
Avg. Annual Appreciation
4.73%
Original Mortgage
$502,500
Outstanding Balance
$414,205
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$661,075
Purchase Details
Listed on
Sep 28, 2012
Closed on
Jan 11, 2013
Sold by
U S Bank National Association
Bought by
Veteran Housing Llc
Seller's Agent
Cynthia D. Allen
I AM Realty & Management
Buyer's Agent
Cynthia D. Allen
I AM Realty & Management
List Price
$130,000
Sold Price
$170,000
Premium/Discount to List
$40,000
30.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.69%
Purchase Details
Closed on
Jun 25, 2009
Sold by
Baez Victor and Castuera Thomas
Bought by
Lasalle Bank National Association
Purchase Details
Closed on
Mar 22, 2006
Sold by
The E 28Th Street Trust
Bought by
Baez Victor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 18, 2004
Sold by
Angel Dennis R
Bought by
The E 28Th Street Trust and 6 Angels Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 2004
Sold by
The E 28Th Street Trust
Bought by
Angel Dennis R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 30, 2003
Sold by
Garcia Eduardo
Bought by
The E 28Th Street Trust and 6 Angels Inc
Purchase Details
Closed on
Jul 1, 2002
Sold by
Garia Guadalupe T
Bought by
Garcia Eduardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.69%
Purchase Details
Closed on
Jun 19, 2002
Sold by
Rodriguez Manuel and Vasquez Antonio
Bought by
Garcia Eduardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.69%
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 |
|---|---|---|---|
| Jlee Property Llc | $730,000 | Fidelity National Title Co | |
| Veteran Housing Llc | $170,500 | Premium Title Of Ca Inc | |
| Lasalle Bank National Association | $221,000 | None Available | |
| Baez Victor | $575,000 | Fidelity National Title | |
| The E 28Th Street Trust | -- | -- | |
| Angel Dennis R | -- | Orange Coast Title | |
| Angel Dennis R | -- | Orange Coast Title | |
| The E 28Th Street Trust | $203,308 | -- | |
| Garcia Eduardo | -- | -- | |
| Garcia Eduardo | $170,000 | South Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jlee Property Llc | $502,500 | |
| Previous Owner | Baez Victor | $460,000 | |
| Previous Owner | Angel Dennis R | $244,500 | |
| Previous Owner | Garcia Eduardo | $178,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/16/2017 06/16/17 | Sold | $730,000 | +0.7% | $233 / Sq Ft | |
| 05/01/2017 05/01/17 | Pending | -- | -- | -- | |
| 04/17/2017 04/17/17 | For Sale | $725,000 | +326.5% | $232 / Sq Ft | |
| 02/05/2013 02/05/13 | Sold | $170,000 | +30.8% | $54 / Sq Ft | View Prior Sale |
| 10/15/2012 10/15/12 | Pending | -- | -- | -- | |
| 09/28/2012 09/28/12 | For Sale | $130,000 | -- | $42 / 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 | $10,522 | $847,223 | $464,232 | $382,991 |
| 2024 | $10,522 | $830,612 | $455,130 | $375,482 |
| 2023 | $10,324 | $814,326 | $446,206 | $368,120 |
| 2022 | $9,854 | $798,359 | $437,457 | $360,902 |
| 2021 | $9,724 | $782,706 | $428,880 | $353,826 |
| 2019 | $9,439 | $759,732 | $416,160 | $343,572 |
| 2018 | $9,311 | $744,840 | $408,000 | $336,840 |
| 2016 | $2,462 | $176,837 | $156,034 | $20,803 |
| 2015 | $2,431 | $174,182 | $153,691 | $20,491 |
| 2014 | $2,466 | $170,771 | $150,681 | $20,090 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sue Kim
S
Buyer's Agent in 2017
Sue Kim
Bee Investment, Inc.
(213) 268-6104
2 in this area
18 Total Sales
-
Cynthia D. Allen
Seller's Agent in 2013
Cynthia D. Allen
I AM Realty & Management
(323) 481-0889
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17081244
APN: 5128-003-020
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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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