NOT LISTED FOR SALE

2866 Edgehill Dr Unit 4 Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $1,026,000 - $1,560,000

5 Beds
5 Baths
2,884 Sq Ft
$446/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $829,000 $287 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,984/month

41 Days on Market

About This Home

As of August 2016

Well maintenanined four unit income property located at close to Freeway, Downtown, W. LA. Each unit has its own gas meter and electric meter.

Last Agent to Sell the Property

Kenneth Hong

Action Real Estate License #01880979 Listed on: 06/06/2016

Last Buyer's Agent

Myung Shin

Max Mega Group License #01857653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,249

Year Built

  • Built in 1924

Lot Details

  • 7,880 Sq Ft Lot

Interior Spaces

  • 2,884 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-024-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,249

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2884
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 294.38

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 137096
  • Assessed Land Value: 52958
  • Assessor Parcel Number: 5051-024-007
  • Geocode Override: No
  • Lot Size Area: 7880

Rental Info

  • Land Lease Expiration Year: 0
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 4
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
Kim Irene Okkyung
Bought by
Kim Deborah K
Current Estimated Value
$1,247,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Outstanding Balance
$576,571
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$709,255

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 28, 2016
Sold by
Kwon Robert and Kwon Edward
Bought by
Kim Irene Okkyung
Seller's Agent
Kenneth Hong
Action Real Estate
Buyer's Agent
Myung Shin
Max Mega Group
List Price
$849,000
Sold Price
$829,000
Premium/Discount to List
-$20,000
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$424,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2015
Sold by
Kwon Sara
Bought by
Kwon Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,498
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2014
Sold by
Anderson Geraldine L and Geraldine L Anderson Revocable
Bought by
Kwon Robert and Kwon Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,498
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2006
Sold by
Anderson Geraldine L
Bought by
Anderson Geraldine L and The Geraldine L Anderson Revoc

Purchase Details

Closed on
Oct 7, 1994
Sold by
Wallace Emanuel and Owens Jewel
Bought by
Anderson Geraldine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.62%

Purchase Details

Closed on
Sep 27, 1994
Sold by
Simon Julius
Bought by
Anderson Geraldine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.62%
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
Kim Deborah K $1,075,000 Usa National Title
Kim Irene Okkyung $829,000 Provident Title
Kwon Edward -- Provident Title Company
Kwon Robert $635,000 Provident Title Company
Anderson Geraldine L -- None Available
Anderson Geraldine L $68,000 Fidelity National Title Ins
Anderson Geraldine L $68,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Deborah K $645,000
Previous Owner Kim Irene Okkyung $424,500
Previous Owner Kwon Robert $623,498
Previous Owner Anderson Geraldine L $12,000
Previous Owner Anderson Geraldine L $487,500
Previous Owner Anderson Geraldine L $153,800
Previous Owner Anderson Geraldine L $150,000
Previous Owner Anderson Geraldine L $112,000
Previous Owner Anderson Geraldine L $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2016 08/08/16 Sold $829,000 -2.4% $287 / Sq Ft
07/17/2016 07/17/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $849,000 -- $294 / 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 $14,249 $1,163,613 $757,701 $405,912
2024 $14,249 $1,140,798 $742,845 $397,953
2023 $13,981 $1,118,430 $728,280 $390,150
2022 $13,344 $1,096,500 $714,000 $382,500
2021 $13,173 $1,075,000 $700,000 $375,000
2020 $11,094 $879,740 $573,052 $306,688
2019 $10,664 $862,491 $561,816 $300,675
2018 $10,527 $845,580 $550,800 $294,780
2016 $8,059 $644,683 $451,786 $192,897
2015 $2,641 $190,054 $52,958 $137,096
2014 $2,679 $186,332 $51,921 $134,411
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kenneth Hong

    Action Real Estate

    (213) 268-3539

    Section Image

  • M

    Buyer's Agent in 2016

    Myung Shin

    RE/MAX

    1 in this area

    7 Total Sales

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Map

Source: The MLS

MLS Number: 16-132232

The MLS

APN: 5051-024-007

California Los Angeles County Los Angeles 90018 Jefferson Park

2866 Edgehill Dr Unit 4, Los Angeles, CA

This home is located at 2866 Edgehill Dr Unit 4, Los Angeles, CA 90018 since 06 June 2016 and is currently estimated at $1,285,826, approximately $445 per square foot. This property was built in 1924. 2866 Edgehill Dr Unit 4 is a home located in Los Angeles County with nearby schools including Sixth Avenue Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior High School.

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