NOT LISTED FOR SALE

Estimated Value: $1,019,321 - $1,249,000

3 Beds
3 Baths
2,157 Sq Ft
$520/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $1,010,000 $468 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,979/month

860 Days on Market

Highlights

  • Central Heating
  • 1-Story Property
  • 5-minute walk to Vermont/Beverly Station

About This Home

As of May 2023

We are proud to present this value add opportunity near the intersection of Beverly Blvd and Kenmore Avenue. The three unit building sits on a 6,209 square foot C2-1 zoned lot. The site is entitled for 21 apartment units ($61,905 per buildable unit), 3 being dedicated to affordable housing. A new Buyer may be able to obtain favorable financing options.

Last Agent to Sell the Property

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 12/01/2020

Last Buyer's Agent

Grant Linscott

Keller Williams Realty Los Feliz License #01715002

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,833

Year Built

  • Built in 1921

Lot Details

  • 6,210 Sq Ft Lot

Interior Spaces

  • 2,157 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5520-022-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,833

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2157
  • Lot Acreage: 0.1426
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 527.12

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 30.43
  • Assessed Improvement Value: 249900
  • Assessed Land Percent: 69.57
  • Assessed Land Value: 571200
  • Total Assessed Value: 821100
  • Assessor Parcel Number: 5520-022-008
  • Lot Size Area: 6210

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 21.41
  • Number Of Units: 3
  • Type Of Units: 1+1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
May 8, 2023
Sold by
304 Kenmore Llc
Bought by
St Brown Amon-Ra
Seller's Agent
David Kaufman
David Ballin Kaufman
Buyer's Agent
Grant Linscott
Keller Williams Realty Los Feliz
List Price
$1,137,000
Sold Price
$1,010,000
Premium/Discount to List
-$127,000
-11.17%
Views
19
Current Estimated Value
$1,121,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,330
Avg. Annual Appreciation
4.24%
Original Mortgage
$757,500
Outstanding Balance
$736,167
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$385,163

Purchase Details

Listed on
Jul 9, 2015
Closed on
Feb 12, 2016
Sold by
Kwon Hyuk Som and Yim Andrew
Bought by
304 Kenmore Llc
Seller's Agent
Michelle Suh
KORUS Real Estate
Buyer's Agent
Sara Tsai
List Price
$815,000
Sold Price
$805,000
Premium/Discount to List
-$10,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Original Mortgage
$563,500
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2014
Sold by
Kwon Hyuk Som
Bought by
Kwon Hyuk Som and Yim Andrew

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jul 26, 2013
Sold by
Lee Katie
Bought by
Kwon Hyuk Som
Seller's Agent
Hongchul Chun
WIN Realty & Properties
Buyer's Agent
Sung Lim
Masters Realty & Investment
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$407,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jul 22, 2013
Sold by
Kim Jin Jungsik and Kim Jin Sunghee
Bought by
Kwon Hyuk Som
Seller's Agent
Hongchul Chun
WIN Realty & Properties
Buyer's Agent
Sung Lim
Masters Realty & Investment
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2010
Sold by
Levitt Helene Sheryl
Bought by
The Helene Levitt 2009 Trust

Purchase Details

Closed on
Apr 30, 2010
Sold by
Levitt Melanie Elaine
Bought by
Levitt Melanie E and The Melanie E Levitt 2009 Trust

Purchase Details

Closed on
Aug 24, 2001
Sold by
Cortes Gabriel A and Cortes Isabel
Bought by
Kim Jin Jungsik and Kim Jin Sunghee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.84%

Purchase Details

Closed on
Dec 19, 2000
Sold by
Laverde Fernando and Laverde Carmel D
Bought by
Cortes Gabriel A and Cortes Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,172
Interest Rate
7.08%
Mortgage Type
FHA
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
St Brown Amon-Ra $1,010,000 Chicago Title Company
304 Kenmore Llc $805,000 Chicago Title Company
Yim Andrew -- Chicago Title Company
Kwon Hyuk Som -- None Available
Kwon Hyuk Som -- Lawyers Title Company
Kwon Hyuk Som $545,000 Lawyers Title
The Helene Levitt 2009 Trust -- None Available
Levitt Melanie E -- None Available
Kim Jin Jungsik $215,000 North American Title Co
Cortes Gabriel A $183,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Brown Amon-Ra $757,500
Previous Owner Yim Andrew $563,500
Previous Owner Kwon Hyuk Som $407,000
Previous Owner Kim Jin Jungsik $168,000
Previous Owner Cortes Gabriel A $180,172
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $1,010,000 -11.2% $468 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
09/08/2022 09/08/22 For Sale $1,137,000 0.0% $527 / Sq Ft
06/30/2022 06/30/22 Price Changed $1,137,000 -1.1% $527 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,150,000 0.0% $533 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/23/2022 02/23/22 Price Changed $1,150,000 -8.0% $533 / Sq Ft
08/28/2021 08/28/21 Price Changed $1,250,000 -2.0% $580 / Sq Ft
07/25/2021 07/25/21 Price Changed $1,275,000 -1.9% $591 / Sq Ft
12/01/2020 12/01/20 For Sale $1,300,000 +61.5% $603 / Sq Ft
04/01/2016 04/01/16 Sold $805,000 -1.2% $373 / Sq Ft View Prior Sale
07/30/2015 07/30/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $815,000 +49.5% $378 / Sq Ft
08/13/2013 08/13/13 Sold $545,000 -0.7% $253 / Sq Ft View Prior Sale
05/03/2013 05/03/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $549,000 -- $255 / 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 $12,833 $1,050,804 $707,472 $343,332
2024 $12,833 $1,030,200 $693,600 $336,600
2023 $11,463 $915,945 $637,181 $278,764
2022 $10,942 $897,987 $624,688 $273,299
2021 $10,803 $880,381 $612,440 $267,941
2020 $10,911 $871,355 $606,161 $265,194
2019 $10,485 $854,271 $594,276 $259,995
2018 $10,327 $837,522 $582,624 $254,898
2016 $8,084 $654,973 $390,913 $264,060
2015 $7,968 $645,136 $385,042 $260,094
2014 $6,860 $545,000 $355,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-666342

The MLS

APN: 5520-022-008