NOT LISTED FOR SALE

Estimated Value: $2,021,000 - $2,598,000

4 Beds
2.5 Baths
2,695 Sq Ft
$837/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $1,550,000 $575 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,618/month

56 Days on Market

Highlights

  • Wine Cellar
  • Corner Lot
  • No HOA
  • City Lights View
  • Lawn
  • 5-minute walk to Robert L Burns Park

About This Home

As of May 2018

Charming Spanish Style 4 bed 2.5 bath home in a very desirable area near restaurants and shops in Larchmont Village. This sprawling 2,695 sqft. home sits on a massive 5,781 sqft. lot. Fully updated, this home has features like: engineered bamboo flooring, LED recessed lighting throughout the home, large open floor plan with custom bay style windows, dining room with over sized windows that let you enjoy the beauty of the backyard, completely re-done kitchen with quartz counter-tops, modern cabinetry, brand new high end stainless steel appliances, the main home features 3 nice sized bedrooms and 2 baths. One of the bedrooms is a Master Suite with a new walk-in closet concept. There is a detached 1 bedroom 0.5 bath built on top of the detached garage that has its own entrance. Plush landscaped front yard, 2 car garage with workshop area, excellent curb appeal and a tranquil back yard. All this unlimited potential for you to make this home your home that you have been waiting for........Welcome to Your New Home!

Last Agent to Sell the Property

Wonnie Kim

Won Suk Kim Real Estate, Inc. License #01873341 Listed on: 02/02/2018

Last Buyer's Agent

Audrey Jung

B & B Investment Properties License #01400834

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,072

Year Built

  • Built in 1922

Lot Details

  • 5,781 Sq Ft Lot
  • Corner Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 2,695 Sq Ft Home
  • 1-Story Property
  • Wine Cellar
  • Living Room with Fireplace
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 3906
  • Assessor Parcel Number 5523034038

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,072

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5523034038
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2695.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 575.14
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet, Wine Cellar

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn
  • Lot Size Sq Ft: 5781.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1924.10
  • Tax Lot: 17
  • Tax Tract Number: 3906

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Apr 5, 2018
Sold by
Bona Properties Llc
Bought by
Park Robin and Park Eunice
Seller's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
Buyer's Agent
Audrey Jung
B & B Investment Properties
List Price
$1,850,000
Sold Price
$1,550,000
Premium/Discount to List
-$300,000
-16.22%
Current Estimated Value
$2,255,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,116
Avg. Annual Appreciation
5.16%
Original Mortgage
$1,240,000
Outstanding Balance
$1,076,803
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,178,313

Purchase Details

Listed on
Aug 30, 2017
Closed on
Sep 6, 2017
Sold by
Park Jun
Bought by
Park Youngshim
Seller's Agent
Estevan Valdez
eXp Realty of Southern Ca, Inc
Buyer's Agent
Russell Morgan
HomeWay
List Price
$12,220,000
Sold Price
$1,220,000
Premium/Discount to List
-$11,000,000
-90.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.20%
Original Mortgage
$951,600
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 30, 2017
Closed on
Aug 23, 2017
Sold by
Brien Carol A O
Bought by
Journey Investments Inc
Seller's Agent
Estevan Valdez
eXp Realty of Southern Ca, Inc
Buyer's Agent
Russell Morgan
HomeWay
List Price
$12,220,000
Sold Price
$1,220,000
Premium/Discount to List
-$11,000,000
-90.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$951,600
Interest Rate
3.92%
Mortgage Type
Commercial
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
Park Robin $1,550,000 Lawyers Title
Bona Properties Llc -- Lawyers Title
Park Youngshim -- Wfg National Title Company
Park Youngshim $1,220,000 Wfg National Title Company
Journey Investments Inc $1,150,000 Wfg Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Robin $1,240,000
Previous Owner Park Youngshim $951,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2018 05/17/18 Sold $1,550,000 0.0% $575 / Sq Ft
03/30/2018 03/30/18 Pending -- -- --
03/30/2018 03/30/18 Price Changed $1,550,000 +4.0% $575 / Sq Ft
03/20/2018 03/20/18 Price Changed $1,490,000 -16.8% $553 / Sq Ft
03/06/2018 03/06/18 Price Changed $1,790,000 -3.2% $664 / Sq Ft
02/02/2018 02/02/18 For Sale $1,850,000 +51.6% $686 / Sq Ft
09/11/2017 09/11/17 Sold $1,220,000 0.0% $721 / Sq Ft View Prior Sale
08/31/2017 08/31/17 Pending -- -- --
08/31/2017 08/31/17 Price Changed $1,220,000 +6.1% $721 / Sq Ft
08/30/2017 08/30/17 Sold $1,150,000 -90.6% $427 / Sq Ft View Prior Sale
08/30/2017 08/30/17 For Sale $12,220,000 +840.7% $7,222 / Sq Ft
07/14/2017 07/14/17 Price Changed $1,299,000 -7.1% $482 / Sq Ft
07/05/2017 07/05/17 Price Changed $1,399,000 -3.5% $519 / Sq Ft
06/16/2017 06/16/17 For Sale $1,449,000 -- $538 / Sq Ft
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 $21,072 $1,763,631 $1,194,718 $568,913
2024 $21,072 $1,729,051 $1,171,293 $557,758
2023 $20,664 $1,695,149 $1,148,327 $546,822
2022 $19,702 $1,661,911 $1,125,811 $536,100
2021 $18,564 $1,629,326 $1,103,737 $525,589
2019 $18,879 $1,581,000 $1,071,000 $510,000
2018 $14,828 $1,220,000 $976,000 $244,000
2016 $2,111 $166,430 $39,531 $126,899
2015 $2,081 $163,931 $38,938 $124,993
2014 $2,097 $160,721 $38,176 $122,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18025522

California Regional Multiple Listing Service (CRMLS)

APN: 5523-034-038