NOT LISTED FOR SALE

2862 Francis Ave Los Angeles, CA 90005

Westlake Neighborhood

Estimated Value: $1,633,000 - $1,653,000

2 Beds
2 Baths
1,400 Sq Ft
6,747 Sq Ft Lot

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Family or Dining Combination
  • UCLA Community School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of October 2019

Situated in very convenient location in Korea Town. Place has been totally remodeled and waiting for its new family. New kitchen, appliances, new 2 bathrooms, and fresh paint. Minutes away from markets, transportation, restaurants and few miles away from downtown LA, USC and so many interesting places. Huge living room AND family room, dining area, open concept kitchen, good sized bedrooms and gas dryer & washer hook up! 2 assigned parking space. It is ready to move in now!

Last Agent to Rent the Property

Jonathan Park

Paradise Realty License #01957191 Listed on: 09/26/2019

Last Renter's Agent

Jonathan Park

Paradise Realty License #01957191 Listed on: 09/26/2019

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,155

Year Built

  • Built in 1923

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination

Kitchen

  • Six Burner Stove
  • Gas and Electric Range
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Security Deposit $2,600
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 9/26/19
  • Tax Lot 8
  • Tax Tract Number 9440
  • Assessor Parcel Number 5077025011

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,155

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2019-09-26
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 350
  • Deposit Security: 2600
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Property Attached: Yes
  • View: No
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5077025011
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Entry Level: 2
  • Fireplace Features: Bath, Family Room, Kitchen, Living Room, Master Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.71
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas & Electric Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6749.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Rent Includes: Water

Tax Info

  • Tax Census Tract: 2122.02
  • Tax Lot: 8
  • Tax Tract Number: 09440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Park Hye K and Park Hye Kyung
Bought by
Park Hye K and Park Youngsun Jonathan
Current Estimated Value
$1,644,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$861,752
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$739,915

Purchase Details

Closed on
Sep 16, 2009
Sold by
Kong Sally
Bought by
Kang Hye Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Lee Jung Hoon
Bought by
Kong Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2005
Sold by
Lee Pyung Hwan
Bought by
Lee Jung Hoon and Lee Pyung Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Oh Phillip J
Bought by
Lee Pyung Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2005
Sold by
Lee Soon Hee
Bought by
Lee Pyung Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Clark Delos C
Bought by
Oh Phillip J and Oh Nan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2004
Sold by
Clark Delos C
Bought by
Clark Delos C and Maitland Birchel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 24, 1998
Sold by
Clark Delos C
Bought by
Clark Delos C and Maitland Birchel L
Source: Public Records

Range of Values:

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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
Park Hye K -- Provident Title Company
Park Youngsun Jonathan -- Provident Title Company
Kang Hye Kyung $560,000 Chicago Title Company
Kong Sally $880,000 Chicago Title Co
Lee Jung Hoon -- --
Lee Pyung Hwan $757,500 Fatcola
Lee Pyung Hwan -- Fatcola
Oh Phillip J -- Fatcola
Clark Delos C -- --
Clark Delos C -- --
Clark Delos C -- --
Clark Delos C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Hye K $945,000
Closed Kang Hye Kyung $550,000
Closed Kang Hye Kyung $150,000
Closed Kang Hye Kyung $410,000
Previous Owner Kong Sally $88,000
Previous Owner Kong Sally $704,000
Previous Owner Lee Pyung Hwan $600,000
Previous Owner Oh Phillip J $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Rented $2,400 0.0% --
10/17/2019 10/17/19 Price Changed $2,400 -5.9% $2 / Sq Ft
09/27/2019 09/27/19 Price Changed $2,550 -1.9% $2 / Sq Ft
09/26/2019 09/26/19 For Rent $2,600 -- --
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 $9,155 $722,849 $516,324 $206,525
2024 $9,155 $708,676 $506,200 $202,476
2023 $8,990 $694,781 $496,275 $198,506
2022 $8,593 $681,159 $486,545 $194,614
2021 $8,457 $667,804 $477,005 $190,799
2019 $8,213 $647,998 $462,857 $185,141
2018 $8,057 $635,293 $453,782 $181,511
2016 $7,655 $610,625 $436,162 $174,463
2015 $7,547 $601,454 $429,611 $171,843
2014 $7,594 $589,673 $421,196 $168,477
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Park

    Landlord's Agent in 2019

    Jonathan Park

    Paradise Realty

    (714) 794-2489

    40 Total Sales

    Jonathan Park
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19227980

California Regional Multiple Listing Service (CRMLS)

APN: 5077-025-011

California Los Angeles County Los Angeles 90005 Westlake

2862 Francis Ave, Los Angeles, CA

This home is located at 2862 Francis Ave, Los Angeles, CA 90005 since 26 September 2019 and is currently priced at $1,644,000. This property was built in 1923. 2862 Francis Ave is a home located in Los Angeles County with nearby schools including Hoover Street Elementary School, UCLA Community School, and Rfk Community Schools-Ambassador-Global Leadership.

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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