NOT LISTED FOR SALE

2861 San Marino St Unit 4 Los Angeles, CA 90006

Koreatown Neighborhood

Estimated Value: $927,000 - $1,786,000

8 Beds
4 Baths
4,640 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 22, 2014

Last sale price $900,000 $194 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $10,369/month

32 Days on Market

About This Home

As of May 2014

Great opportunity to invest in a 4 unit with all 3 bedrooms and 1 bath. 2 units have been wonderfully remodeled. One unit is remodeled and can be used by owner or rent for $1800. All of units are spacious and have 1 detached garage in the back. Each unit has washer and dryer. Please do not disturb tenants. Drive by only.

Last Agent to Sell the Property

Sharon Choe

Omni Realty & Investment Group License #01127228 Listed on: 03/12/2014

Last Buyer's Agent

So Park

American Properties License #01350528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,680

Year Built

  • Built in 1909

Lot Details

  • 6,750 Sq Ft Lot

Home Design

  • 4,640 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Detached Carport Space

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5077-029-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,680

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4640
  • Year Built: 1909
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 215.52

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 168000
  • Assessed Land Value: 392000
  • Assessor Parcel Number: 5077-029-009
  • Geocode Override: No
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.60
  • Number Of Units: 4
  • Total Annual Expense: 13105
  • Type Of Units: 4 units
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Hyunjin Kwon Bosco and Hyunjin Ae Kyung
Bought by
2022 Kwon Family Trust
Current Estimated Value
$1,693,760

Purchase Details

Closed on
Sep 21, 2020
Sold by
Kwon Bosco Hyun Jin and Kwon Kyung Ae
Bought by
Kwon Bosco Hyun and Kwon Kyung Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2014
Closed on
Mar 25, 2014
Sold by
Molden Jaime J
Bought by
Kwon Bosco Hyun Jin and Kwon Kyung Ae
Seller's Agent
Sharon Choe
Omni Realty & Investment Group
Buyer's Agent
So Park
American Properties
List Price
$999,999
Sold Price
$900,000
Premium/Discount to List
-$99,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$540,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2013
Sold by
Kim Jennifer
Bought by
Molden Jaime J and Cho Hyun Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,500
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Kim Jennifer
Bought by
Kim Soon Shin and Kim Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2005
Sold by
Gatmaitan Esmyrna
Bought by
Kim Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 21, 2005
Sold by
Kim Soon Shin
Bought by
Kim Jennifer

Purchase Details

Closed on
Jan 23, 2003
Sold by
Cerba Ariel Francis
Bought by
Gatmaitan Esmyrna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.37%

Purchase Details

Closed on
Oct 26, 1999
Sold by
Roberts Cecil
Bought by
Cerba Ariel Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
9.88%

Purchase Details

Closed on
Jun 14, 1999
Sold by
Hur Yong
Bought by
Roberts Cecil

Purchase Details

Closed on
Feb 28, 1998
Sold by
Roberts Cecil
Bought by
Roberts Cecil and Hur Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 5, 1998
Sold by
Little William
Bought by
Roberts Cecil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.97%
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
2022 Kwon Family Trust -- Law Offices Of Ernest J Kim
Kwon Bosco Hyun -- Old Republic Title Co Of Ca
Kwon Bosco Hyun Jin $900,000 Chicago Title Company
Molden Jaime J $818,000 Title 365
Kim Soon Shin -- Financial Title Company
Kim Jennifer $1,090,000 Financial Title Company La
Kim Jennifer -- Financial Title Company
Gatmaitan Esmyrna B $500,000 First Southwestern
Cerba Ariel Francis $350,000 Universal Title Company
Roberts Cecil -- --
Roberts Cecil -- --
Roberts Cecil $260,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwon Bosco Hyun $900,000
Previous Owner Kwon Bosco Hyun Jin $540,000
Previous Owner Molden Jaime J $613,500
Previous Owner Kim Soon Shin $770,000
Previous Owner Kim Jennifer $723,000
Previous Owner Gatmaitan Esmyrna $512,000
Previous Owner Gatmaitan Esmyrna B $400,000
Previous Owner Cerba Ariel Francis $280,000
Previous Owner Roberts Cecil $48,000
Previous Owner Roberts Cecil $208,000
Closed Cerba Ariel Francis $70,000
Closed Gatmaitan Esmyrna B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2014 05/22/14 Sold $900,000 -10.0% $194 / Sq Ft
04/13/2014 04/13/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $999,999 -- $216 / 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 $13,680 $1,103,267 $674,220 $429,047
2024 $13,680 $1,081,635 $661,000 $420,635
2023 $13,426 $1,060,428 $648,040 $412,388
2022 $12,820 $1,039,636 $635,334 $404,302
2021 $12,643 $1,019,252 $622,877 $396,375
2020 $12,767 $1,008,802 $616,491 $392,311
2019 $12,274 $989,022 $604,403 $384,619
2018 $12,103 $969,630 $592,552 $377,078
2016 $11,545 $931,981 $569,544 $362,437
2015 $11,379 $917,982 $560,989 $356,993
2014 $10,484 $821,713 $602,724 $218,989
Source: Public Records

Agents Affiliated with this Home

  • Sharon Choe

    Seller's Agent in 2014

    Sharon Choe

    Omni Realty & Investment Group

    (213) 718-8582

    14 Total Sales

    Section Image

  • S

    Buyer's Agent in 2014

    So Park

    American Properties

    (213) 700-2296

    4 in this area

    13 Total Sales

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Map

Source: The MLS

MLS Number: 14-743717

The MLS

APN: 5077-029-009

California Los Angeles County Los Angeles 90006 Koreatown

2861 San Marino St Unit 4, Los Angeles, CA

This home is located at 2861 San Marino St Unit 4, Los Angeles, CA 90006 since 12 March 2014 and is currently estimated at $1,523,997, approximately $328 per square foot. This property was built in 1909. 2861 San Marino St Unit 4 is a home located in Los Angeles County with nearby schools including UCLA Community School, Rfk Community Schools-Ambassador-Global Leadership, and Young Oak Kim Academy.

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