NOT LISTED FOR SALE

Estimated Value: $1,299,000 - $1,742,000

6 Beds
3 Baths
3,516 Sq Ft
$412/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $1,180,000 $336 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,928/month

11 Days on Market

About This Home

As of March 2021

Great investment opportunity in the heart of LA!! Two buildings on property. Front building two units, upstairs and downstairs 2 Beds + 2 Baths. Back unit has 2 Beds +1 Bath. Ample parking spaces. Prime location that is close to many freeways, eateries and etc. Don't miss this great opportunity to own and live in one or rent out all the units.

Last Agent to Sell the Property

Yongho Rho

Mega Realty License #01035466 Listed on: 01/08/2021

Co-Listed By

Helen Rho

Mega Realty License #01914263

Last Buyer's Agent

Helen Rho

Mega Realty License #01914263

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,559

Year Built

  • Built in 1924

Lot Details

  • 6,901

Home Design

  • 3,516 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • Gated Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Laundry in unit
  • 6,901 Sq Ft Lot

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5520-023-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,559

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3516
  • Lot Acreage: 0.1584
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 355.52

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Driveway, Driveway - Concrete, Gated
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 44.59
  • Assessed Improvement Value: 369685
  • Assessed Land Percent: 55.41
  • Assessed Land Value: 459466
  • Total Assessed Value: 829151
  • Assessor Parcel Number: 5520-023-006
  • Lot Size Area: 6901

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Tri-Plex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Chang Chris V and Chang Amy Yunyoung
Bought by
Chang Chris Young and Chang Amy Yunyoung
Current Estimated Value
$1,447,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$417,978
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,029,801

Purchase Details

Closed on
Mar 14, 2014
Sold by
Kison Om Kison and Kison Sanford
Bought by
Chang Chris Y and Chang Amy Yunyoung

Purchase Details

Closed on
Oct 3, 2003
Sold by
Sung Hyo Han and Jang Hye Jung
Bought by
Sanford Kison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Chaparian Avetis and Chaparian Makruhi
Bought by
Jung Sung Hyo Han and Jung Sung Hye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.95%

Purchase Details

Closed on
Dec 16, 1998
Sold by
Mesropyan Kazar G
Bought by
Chaparian Avetis and Chaparian Makruhi

Purchase Details

Closed on
Aug 5, 1997
Sold by
Chaparian Avetis and Chaparian Makruhi
Bought by
Mesropyan Kazar G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,528
Interest Rate
7.43%
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
Chang Chris Young -- Ticor Title Company
Chang Chris Y -- None Available
Sanford Kison $470,000 First American Title Co
Jung Sung Hyo Han $255,000 Chicago Title
Chaparian Avetis -- --
Mesropyan Kazar G $130,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Chris Young $525,000
Previous Owner Sanford Kison $413,000
Previous Owner Jung Sung Hyo Han $204,000
Previous Owner Mesropyan Kazar G $128,528
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $1,180,000 -5.6% $336 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $1,250,000 -- $356 / 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 $15,559 $1,277,269 $865,945 $411,324
2024 $15,559 $1,252,225 $848,966 $403,259
2023 $15,264 $1,227,672 $832,320 $395,352
2022 $14,565 $1,203,600 $816,000 $387,600
2021 $10,872 $889,014 $492,639 $396,375
2020 $10,979 $879,899 $487,588 $392,311
2019 $10,551 $862,647 $478,028 $384,619
2018 $10,429 $845,733 $468,655 $377,078
2016 $9,950 $812,894 $450,457 $362,437
2015 $9,805 $800,684 $443,691 $356,993
2014 $7,970 $623,572 $429,133 $194,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-677558

The MLS

APN: 5520-023-006