NOT LISTED FOR SALE

Estimated Value: $839,575 - $1,284,000

4 Beds
4 Baths
3,648 Sq Ft
$312/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $432,000 $118 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $6,753/month

55 Days on Market

Highlights

  • Gated Parking
  • Abraham Lincoln High School Rated A
  • 10 Car Detached Garage

About This Home

As of May 2014

BIG PRICE reduction $144,000 from original price. Excellent income around $6,400 per month. Master meter. There are 10 total parking spaces with 6 side by side parking at rear. City record shows as a 4 units but currently used as 8 units. This is great investment property for buyer or investor. Do not disturb the occupants. All cash offer only! Property is being sold as-is and present condition. GREAT PRICE FOR THE AREA!!! THIS IS WILL GO QUICK. This is standard sale.

Last Agent to Sell the Property

Boyoung Im

Max Mega Group License #01411399 Listed on: 03/06/2014

Co-Listed By

Yongho Rho

Max Mega Group License #01035466

Last Buyer's Agent

Boyoung Im

Max Mega Group License #01411399 Listed on: 03/06/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,214

Year Built

  • Built in 1886

Lot Details

  • 6,536

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Car Detached Garage
  • Gated Parking

Additional Features

  • 6,536 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5453-003-054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,214

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3648
  • Stories: 2
  • Year Built: 1886
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 111.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Gated
  • Total Parking: 10

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 100000
  • Assessed Land Value: 220000
  • Assessor Parcel Number: 5453-003-054
  • Geocode Override: No
  • Lot Size Area: 6536

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 7.15
  • Number Of Units: 8
  • Total Annual Expense: 23000
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2016
Sold by
Lu Yirong
Bought by
Lu Yirong and The Yirong Lu Revocable Living Trust
Current Estimated Value
$1,137,894

Purchase Details

Listed on
Mar 6, 2014
Closed on
May 12, 2014
Sold by
Hong Jeanne
Bought by
Lu Yirong
Seller's Agent
Boyoung Im
Max Mega Group
Buyer's Agent
Boyoung Im
Max Mega Group
List Price
$549,000
Sold Price
$432,000
Premium/Discount to List
-$117,000
-21.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$150,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 3, 2012
Sold by
Tae Seung Llc
Bought by
Hong Jeanne

Purchase Details

Closed on
May 21, 2012
Sold by
Lee Sunny and Lee Lisa
Bought by
Tae Seung Limited Liability Company

Purchase Details

Listed on
Jun 21, 2011
Closed on
Jan 9, 2012
Sold by
Im Moon Young and Rho Yong Ho
Bought by
Lee Sunny and Lee Lisa
Seller's Agent
Jenny Yu
Keller Williams Realty Los Feliz
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$370,000
Sold Price
$310,000
Premium/Discount to List
-$60,000
-16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Oct 3, 2005
Sold by
Im Moon Young
Bought by
Im Moon Young

Purchase Details

Closed on
Jul 5, 2005
Sold by
Hwang Yeon Hui
Bought by
Im Moon Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 17, 2004
Sold by
Hwang Tae Soo
Bought by
Hwang Yeon Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Shirik George
Bought by
Hong Han Pyo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 26, 1998
Sold by
Trust Gifford Pearl C Tr Pearl C Gifford
Bought by
Shirik George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.02%
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
Lu Yirong -- None Available
Lu Yirong $432,000 Provident Title Company
Hong Jeanne $320,000 Fidelity Van Nuys
Tae Seung Limited Liability Company -- Provident Title Company
Lee Sunny $310,000 None Available
Im Moon Young -- --
Im Moon Young $650,000 --
Hwang Yeon Hui -- First American Title Co Los
Hwang Yeon Hui $455,000 First American Title Co Los
Hong Han Pyo $325,000 Commerce Title
Hong Han Pyo -- Commerce Title
Shirik George $135,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yirong $500,000
Closed Lu Yirong $120,000
Closed Lu Yirong $150,000
Closed Lu Yirong $150,000
Previous Owner Im Moon Young $520,000
Previous Owner Hwang Yeon Hui $125,000
Previous Owner Hwang Yeon Hui $364,000
Previous Owner Hong Han Pyo $260,000
Previous Owner Shirik George $25,000
Previous Owner Shirik George $94,500
Closed Hwang Yeon Hui $45,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $432,000 -21.3% $118 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $549,000 +77.1% $150 / Sq Ft
01/18/2012 01/18/12 Sold $310,000 -16.2% $85 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
06/21/2011 06/21/11 For Sale $370,000 -- $101 / 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 $7,214 $529,560 $317,493 $212,067
2024 $7,214 $519,177 $311,268 $207,909
2023 $7,088 $508,998 $305,165 $203,833
2022 $6,787 $499,019 $299,182 $199,837
2021 $6,691 $489,235 $293,316 $195,919
2019 $6,508 $474,946 $284,617 $190,329
2018 $6,360 $465,639 $279,037 $186,602
2016 $6,018 $447,348 $268,202 $179,146
2015 $5,939 $440,630 $264,174 $176,456
2014 $4,633 $321,452 $220,998 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-742355

The MLS

APN: 5453-003-054