NOT LISTED FOR SALE

2612 Mozart St Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $812,000 - $1,208,000

6 Beds
2 Baths
1,688 Sq Ft
$594/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $448,000 $265 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,000/month

20 Days on Market

About This Home

As of October 2014

Two separate units in Lincoln Heights, close to China Town, Downtown LA, USC medical center. , both units have 2 bedrooms 1 bathroom in the record but currently being using as 3 bedrooms 1 bathroom. . It is newly renovated which features upgrade copper plumbing, new fresh painting in and out, new laminate wood flooring, brand new bathroom This is an incredible opportunity for the first time buyer to live in one unit while renting the other, also good for investment.

This property is located on a big lot with a R3 zoning. It is possibly to build 5 brand new apartments, with living areas up to 6,000 sq ft.

Last Agent to Sell the Property

Shao (Sophie) Lin

KO TAI REALTY License #01315652 Listed on: 08/13/2014

KO TAI REALTY

Last Buyer's Agent

Shao (Sophie) Lin

KO TAI REALTY License #01315652 Listed on: 08/13/2014

KO TAI REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 1906

Lot Details

  • 8,412 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Parking Spaces

Home Design

  • 1,688 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 5210003028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,912

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Other Phone Description: 626 297-7936
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5210003028
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 265.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8412.00
  • Lot Size Acres: 0.1930

Multi Family

  • Lot Size Area: 8412.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1300.00

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 0000
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2014
Closed on
Sep 15, 2014
Sold by
Yeung Kwan Kit and Lui Yuk Fei
Bought by
Fong Kathy M and Fong Johnny
Seller's Agent
Shao (Sophie) Lin
KO TAI REALTY
Buyer's Agent
Shao (Sophie) Lin
KO TAI REALTY
List Price
$468,000
Sold Price
$448,000
Premium/Discount to List
-$20,000
-4.27%
Current Estimated Value
$1,003,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,177
Avg. Annual Appreciation
6.78%
Original Mortgage
$261,374
Outstanding Balance
$200,811
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$716,782

Purchase Details

Closed on
Aug 16, 2013
Sold by
Lui Hung Wai
Bought by
Yeung Kwan Kit and Lui Yuk Fei

Purchase Details

Closed on
Sep 24, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lui Hung Wai

Purchase Details

Closed on
May 26, 2010
Sold by
Yanez Paul F and Yanez Paul C
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 29, 2002
Sold by
Yanez Cynthia Graefen
Bought by
Yanez Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.7%

Purchase Details

Closed on
Jan 3, 2002
Sold by
Yanez Paul F
Bought by
Yanez Paul C and Yanez Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.7%

Purchase Details

Closed on
Apr 30, 1999
Sold by
Yanez Paul F
Bought by
Yanez Paul C and Yanez Paul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
3.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 1994
Sold by
Saldana Frances R
Bought by
Saldana Francis R and Yanez Paul Francis
Source: Public Records

Range of Values:

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Average Value
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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
Fong Kathy M $453,000 Ticor Title Company
Yeung Kwan Kit $288,000 Ticor Title Company
Lui Hung Wai $288,000 Lsi Title Agency Inc
Federal Home Loan Mortgage Corporation $240,000 Accommodation
Yanez Paul F -- Chicago Title Co
Yanez Paul C -- Investors Title Company
Yanez Paul F -- Investors Title Company
Yanez Paul C -- Universal Title Company
Yanez Paul F -- Universal Title Company
Yanez Paul F -- Universal Title Company
Saldana Francis R -- --
Saldana Frances R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fong Kathy M $261,374
Previous Owner Yanez Paul F $416,500
Previous Owner Yanez Paul F $385,000
Previous Owner Yanez Paul S $101,188
Previous Owner Yanez Paul F $100,000
Previous Owner Yanez Paul F $162,500
Previous Owner Yanez Paul F $14,000
Previous Owner Yanez Paul F $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2014 10/08/14 Sold $448,000 -4.3% $265 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $468,000 -- $277 / 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 $6,912 $552,844 $312,477 $240,367
2024 $6,912 $542,004 $306,350 $235,654
2023 $6,783 $531,378 $300,344 $231,034
2022 $6,475 $520,959 $294,455 $226,504
2021 $6,393 $510,745 $288,682 $222,063
2020 $6,454 $505,509 $285,722 $219,787
2019 $6,207 $495,598 $280,120 $215,478
2018 $6,081 $485,881 $274,628 $211,253
2016 $5,807 $467,015 $263,965 $203,050
2015 $5,724 $460,000 $260,000 $200,000
2014 $3,768 $288,000 $188,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Shao (Sophie) Lin

    KO TAI REALTY

    (626) 297-7936

    4 Total Sales

    Shao (Sophie) Lin
    Section Image

  • S

    Buyer Co-Listing Agent in 2014

    Steve Yu

    KO TAI REALTY

    (626) 289-7756

    Steve Yu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14174726

California Regional Multiple Listing Service (CRMLS)

APN: 5210-003-028

California Los Angeles County Los Angeles 90031 Lincoln Heights

2612 Mozart St, Los Angeles, CA

This home is located at 2612 Mozart St, Los Angeles, CA 90031 since 13 August 2014 and is currently estimated at $1,003,177, approximately $594 per square foot. This property was built in 1906. 2612 Mozart St is a home located in Los Angeles County with nearby schools including Griffin Avenue Elementary School, Florence Nightingale Middle, and Abraham Lincoln 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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