NOT LISTED FOR SALE

2978 W 14th St Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $892,000 - $1,224,289

5 Beds
5 Baths
2,168 Sq Ft
$501/Sq Ft Est. Value

Last Sold July 23, 2015

Last sale price $560,000 $258 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,699/month

127 Days on Market

About This Home

As of July 2015

MAJOR REDUCTION FOR QUICK SALE, STANDARD SALE, COMPLETE REMODEL, TRIPLEX WITH A SMALL PERMITTED STORE IN THE FRONT THAT USED TO BE A FLOWER SHOP YEARS AGO, PROPERTY IS COMMERCIALLY ZONED AND SOMEONE CAN USE THE STORE AS AN ART STUDIO ETC. UNITS ARE READY FOR A NEW OWNER USER OR INVESTOR. PROPERTY FEATURES NEW ROOF, NEW PLUMBING, NEW ELECTRIC, ALL NEW KITCHEN CABINETS, GRANITE COUNTERS AND S/S APPLIANCES, NEW PAINT IN AND OUT, NEW FLOORS , NEW SHOWERS, NEW TILE IN KITCHENS AND SHOWERS, NEW VANITIES, NEW PATIO AREA OUT OF THE LIVING ROOM, NEW LANDSCAPE IN FRONT AND BACK, NEW HEATING SYSTEM, NEW FRONT FENCE, NEW AUTO SPRINKLERS SYS. BUYER TO DO THEIR OWN INVESTIGATION AS TO THE NUMBER OF UNITS. PROPERTY IS FULL OF LIGHT.. GREAT DEAL FOR THIS UP AND COMING AREA.

Last Agent to Sell the Property

Tal Bader

Bader Realty, Inc. License #01751052 Listed on: 03/02/2015

Last Buyer's Agent

Peter Min

Premier Realty Group License #01739166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,134

Year Built

  • Built in 1903

Lot Details

  • 5,040

Home Design

  • Triplex

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Alarm System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 5,040 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5074-003-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,134

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2168
  • Stories: 2
  • Year Built: 1903
  • Number Of Photos: 32
  • 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
  • Equipment: Alarm System
  • Price Per S Q F T: 262.87

Exterior Features

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

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 8172
  • Assessed Land Value: 39977
  • Assessor Parcel Number: 5074-003-015
  • Geocode Override: No
  • Lot Size Area: 5040

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.50
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: TRIPLEX
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Kim Heung Sik
Bought by
Kim Yong Deuk
Current Estimated Value
$1,087,072

Purchase Details

Closed on
Apr 16, 2015
Sold by
Better Investments Llc
Bought by
Kim Heung Sik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,330
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 12, 2014
Closed on
Sep 11, 2014
Sold by
Trevino Victor Martin
Bought by
Better Investments Llc
Seller's Agent
Theresa La Roche
Keller Williams Realty
Buyer's Agent
Tal Bader
Bader Realty, Inc.
List Price
$390,000
Sold Price
$300,000
Premium/Discount to List
-$90,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
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
Kim Yong Deuk -- None Available
Kim Heung Sik $560,000 North American Title
Better Investments Llc $300,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yong Deuk $450,000
Closed Kim Heung Sik $400,000
Closed Kim Heung Sik $487,500
Previous Owner Kim Heung Sik $484,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2015 07/23/15 Sold $560,000 -13.7% $258 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $649,000 +116.3% $299 / Sq Ft
10/09/2014 10/09/14 Sold $300,000 -23.1% $138 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/12/2014 08/12/14 For Sale $390,000 -- $180 / 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
2024 $8,134 $649,923 $464,232 $185,691
2023 $7,983 $637,180 $455,130 $182,050
2022 $7,620 $624,687 $446,206 $178,481
2021 $7,517 $612,439 $437,457 $174,982
2020 $7,591 $606,160 $432,972 $173,188
2019 $7,213 $594,276 $424,483 $169,793
2018 $7,137 $582,624 $416,160 $166,464
2016 $6,810 $560,000 $400,000 $160,000
2015 $3,796 $300,000 $200,000 $100,000
2014 $824 $48,149 $39,977 $8,172
Source: Public Records

Agents Affiliated with this Home

  • Tal Bader

    Seller's Agent in 2015

    Tal Bader

    Bader Realty, Inc.

    (310) 345-4073

    13 Total Sales

    Tal Bader
    Section Image

  • P

    Buyer's Agent in 2015

    Peter Min

    Premier Realty Group

    (213) 820-0568

    8 Total Sales

    Peter Min
    Section Image
  • Theresa La Roche

    Seller's Agent in 2014

    Theresa La Roche

    Keller Williams Realty

    (562) 907-9900

    153 Total Sales

    Theresa La Roche
    Section Image
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Map

Source: The MLS

MLS Number: 15-883375

The MLS

APN: 5074-003-015

California Los Angeles County Los Angeles 90006 Harvard Heights

2978 W 14th St, Los Angeles, CA

This home is located at 2978 W 14th St, Los Angeles, CA 90006 since 02 March 2015 and is currently estimated at $1,087,072, approximately $501 per square foot. This property was built in 1903. 2978 W 14th St is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Pio Pico Middle School, and West Adams Preparatory High School.

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