NOT LISTED FOR SALE

Estimated Value: $2,039,000 - $2,265,038

7 Beds
5 Baths
880 Sq Ft
$2,445/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $1,600,000 $1,818 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,494/month

43 Days on Market

About This Home

As of September 2018

FULLY ENTITLED TO BUILD 15 UNITS WITHOUT DENSITY BONUS OR LOW HOUSING INCOME UNITS. CASH OFFERS ONLY! PROPERTY IS COMPLETELY VACANT. 8 - 2 LARGE BEDROOMS, 4 - 1 LARGE BEDROOMS , 3 - AMAZING STUDIOS. THIS PROPERTY CAN BE BUILT UP TO 29 UNITS WITH TOC (TIER 3)!!!!!!

Last Agent to Sell the Property

John C. Pak

Philco Realty License #01898649 Listed on: 05/17/2018

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,434

Year Built

  • Built in 1902

Lot Details

  • 6,747 Sq Ft Lot

Home Design

  • 880 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5077-028-034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,434

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 880
  • Year Built: 1902
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 1926.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Lot Info

  • Assessed Improvement Value: 134621
  • Assessed Land Value: 517242
  • Assessor Parcel Number: 5077-028-034
  • Geocode Override: No
  • Lot Size Area: 6747

Multi Family

  • Unit Type: 2106
  • Number Of Units: 5
  • Total Annual Expense: 0
  • Type Of Units: 5 Units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2022
Sold by
2766 Jmw Llc
Bought by
2766 Jmw Llc
Current Estimated Value
$2,148,803

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 29, 2018
Sold by
Happy Sky Inc
Bought by
2766 Jm W Llc
Seller's Agent
John C. Pak
Philco Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$1,280,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 2017
Sold by
Happy Sky Inc
Bought by
Happy Sky Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2014
Sold by
Park Jong Soo
Bought by
Happy Sky Inc

Purchase Details

Closed on
May 15, 2014
Sold by
Park Jong Soo
Bought by
Park Jong Soo and Murphy Maggie

Purchase Details

Closed on
Apr 9, 2004
Sold by
Yoon In Sik
Bought by
Yoon In Sik and Yoon Yong Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2004
Sold by
K I C Foreign Mission Inc
Bought by
Yoon In Sik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
7.37%
Mortgage Type
New Conventional
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
2766 Jmw Llc -- Chicago Title
2766 Jm W Llc $1,590,000 Chicago Title
Happy Sky Inc -- Fidelity Sherman Oaks
Happy Sky Inc $693,000 None Available
Park Jong Soo -- None Available
Yoon In Sik -- --
Yoon In Sik $570,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2766 Jm W Llc $1,280,000
Previous Owner Happy Sky Inc $2,000,000
Previous Owner Yoon In Sik $484,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2018 09/11/18 Sold $1,600,000 -5.6% $1,818 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/14/2018 06/14/18 Price Changed $1,695,000 -5.8% $1,926 / Sq Ft
05/17/2018 05/17/18 For Sale $1,800,000 -- $2,045 / 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 $21,434 $1,773,673 $1,773,673 --
2024 $21,434 $1,738,896 $1,738,896 --
2023 $21,024 $1,704,800 $1,704,800 $0
2022 $20,053 $1,671,373 $1,671,373 $0
2021 $19,800 $1,638,601 $1,638,601 $0
2019 $19,211 $1,590,000 $1,590,000 $0
2018 $8,402 $664,899 $527,586 $137,313
2017 $8,172 $651,863 $517,242 $134,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-345220

The MLS

APN: 5077-028-034