NOT LISTED FOR SALE

2584 W Pico Blvd Los Angeles, CA 90006

Pico-Union Neighborhood
-- Bed
-- Bath
7,000 Sq Ft
0.32 Acres

Last Sold June 03, 2021

Last sale price $2,549,500 $364 Per Sq Ft

281 Days on Market

About This Home

As of June 2021

Prime West Pico Blvd location between Catalina and Berendo Streets * Ideal for owner/user, investor or developer * Excellent development potential! * 100' frontage on Pico Blvd * Located 2 blocks west of Vermont Avenue * Just minutes to Downtown Los Angeles * Easy access to public transportation and all Downtown Los Angeles freeways * 23,056 vehicles per day traffic count (2018) * Transit-Oriented Communities (TOC): 2576 is Tier 3 and 2584 & 2588 are Tier 2 * Located in Los Angeles Transit Priority Area and South Los Angeles Community Plan Total Building Area: 2,221 SF Total Land Area: 14,000 SF 2584 W Pico Blvd: Parking Lot; 7,000 SF of Land; APN 5075-005-003 2588 W Pico Blvd: Stores & Residential; 2,221 SF Building on 7,000 SF Land; Built 1995; APN 5075-005-002

Last Agent to Sell the Property

John C. Pak

Philco Realty License #01898649 Listed on: 06/22/2020

Last Buyer's Agent

Sharon Oh

Redpoint Realty License #01712047

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,195

Year Built

  • Built in 1996

Lot Details

  • 14,000 Sq Ft Lot

Home Design

  • 7,000 Sq Ft Home

Parking

  • 10 Parking Spaces
  • Automatic Gate

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 5075-005-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,195

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Building Permit: No
  • Living Area: 7000
  • Lot Acreage: 0.1607
  • Probate: No
  • Year Built: 1996
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 370.71

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 10

Utilities

  • Security: Automatic Gate
  • Water Heaters: No

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 4.44
  • Assessed Improvement Value: 20000
  • Assessed Land Percent: 95.56
  • Assessed Land Value: 430000
  • Total Assessed Value: 450000
  • Assessor Parcel Number: 5075-005-003
  • Geocode Override: No
  • Lot Size Area: 14000

Multi Family

  • Unit Type: 2106
  • Number Of Units: 0
  • Total Annual Expense: 0
  • Type Of Units: Mixed Use
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
May 21, 2021
Sold by
Yoon Kenny and Yoon Sylvia Lan
Bought by
Jung Charles
Seller's Agent
John C. Pak
Philco Realty
Buyer's Agent
Sharon Oh
Redpoint Realty
List Price
$3,000,000
Sold Price
$2,549,500
Premium/Discount to List
-$450,500
-15.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Outstanding Balance
$1,007,153
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2016
Sold by
Yoon Chang Sook
Bought by
Yoon Kenny and Yoon Sylvia Lan

Purchase Details

Closed on
Mar 27, 2012
Sold by
Lee James Y and Lee Jongsoon S
Bought by
Yoon Chang Sook

Purchase Details

Closed on
Sep 20, 2002
Sold by
Cho Jin Yong and Chung Shirley Yen
Bought by
Lee James Y

Purchase Details

Closed on
Jul 16, 2001
Sold by
Chang Ki Won and Chang Young Sun
Bought by
Cho Jin Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 1999
Sold by
Chang Ki Won
Bought by
Chang Young Sun

Purchase Details

Closed on
Apr 26, 1996
Sold by
Ramos Deydy Antonio and Ramos Seoulbank
Bought by
Seoulbank and Bank Of Seoul

Purchase Details

Closed on
Apr 11, 1995
Sold by
Los Angeles Homeowners Aid Inc
Bought by
Ramos Deydy Antonio
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jung Charles $2,480,000 Chicago Title Company
Yoon Kenny -- None Available
Yoon Chang Sook $715,000 Old Republic Title Company
Lee James Y $500,000 Chicago Title Co
Cho Jin Yong $490,000 Stewart Title
Chang Young Sun -- --
Seoulbank $228,000 Old Republic Title Company
Ramos Deydy Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Charles $1,110,000
Previous Owner Lee James Y $510,000
Previous Owner Lee James Y $500,000
Previous Owner Cho Jin Yong $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $2,549,500 -1.8% $364 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $2,595,000 -5.6% $371 / Sq Ft
08/20/2020 08/20/20 Price Changed $2,749,500 -8.4% $393 / Sq Ft
06/22/2020 06/22/20 For Sale $3,000,000 -- $429 / 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 $16,195 $1,298,917 $1,298,917 --
2024 $16,195 $1,273,449 $1,273,449 --
2023 $15,893 $1,248,480 $1,248,480 $0
2022 $15,161 $1,224,000 $1,224,000 $0
2021 $6,546 $482,489 $461,046 $21,443
2020 $6,599 $477,543 $456,319 $21,224
2019 $6,364 $468,180 $447,372 $20,808
2018 $6,180 $459,000 $438,600 $20,400
2016 $3,632 $265,257 $244,038 $21,219
2015 $3,584 $261,274 $240,373 $20,901
2014 $3,603 $256,157 $235,665 $20,492
Source: Public Records

Agents Affiliated with this Home

  • John C. Pak

    Seller's Agent in 2021

    John C. Pak

    Philco Realty

    (213) 219-7676

    1 in this area

    14 Total Sales

    John C. Pak
    Section Image
  • Sharon Oh

    Buyer's Agent in 2021

    Sharon Oh

    Redpoint Realty

    (213) 400-5252

    2 in this area

    12 Total Sales

    Sharon Oh
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-594346

The MLS

APN: 5075-005-003

California Los Angeles County Los Angeles 90006 Pico-Union

2584 W Pico Blvd, Los Angeles, CA

This home is located at 2584 W Pico Blvd, Los Angeles, CA 90006 since 22 June 2020. This property was built in 1996. 2584 W Pico Blvd is a home located in Los Angeles County with nearby schools including Berendo Middle, West Adams Preparatory High School, and Camino Nuevo Elementary #3.

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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes