NOT LISTED FOR SALE

324 N Alexandria Ave Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $1,058,000 - $1,471,000

6 Beds
3 Baths
2,998 Sq Ft
$434/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $540,000 $180 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $7,537/month

203 Days on Market

Highlights

  • Gated Parking
  • 7 Car Direct Access Garage
  • Central Air

About This Home

As of July 2012

Excellent Investment. Front unit is remodelled inside and out. Whole units are renovated. This is REGULAR SALE!!!! Do not disturb the tenant. Drive by only. Please see private remarks for the instructions.

Last Agent to Sell the Property

Young Shin

US Realty & Investment License #01482601 Listed on: 10/31/2011

Last Buyer's Agent

Yvonne Kim

WIN Realty & Properties License #01851796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,204

Year Built

  • Built in 1929

Lot Details

  • 7,820 Sq Ft Lot

Home Design

  • 2,998 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 7 Car Direct Access Garage
  • Gated Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5520-023-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,204

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2998
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 184.79

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Attached, Direct Entrance, Garage, Gated
  • Total Parking: 7

Utilities

  • Cooling: Central, Wall/Window

Lot Info

  • Assessed Improvement Value: 130050
  • Assessed Land Value: 754290
  • Assessor Parcel Number: 5520-023-004
  • Lot Size Area: 7820

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.00
  • Number Of Units: 3
  • Type Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2011
Closed on
May 24, 2012
Sold by
Eujung Llc
Bought by
Ahn Jae Wan
Seller's Agent
Young Shin
US Realty & Investment
Buyer's Agent
Yvonne Kim
WIN Realty & Properties
List Price
$554,000
Sold Price
$540,000
Premium/Discount to List
-$14,000
-2.53%
Current Estimated Value
$1,300,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,251
Avg. Annual Appreciation
6.79%
Original Mortgage
$344,500
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2006
Sold by
Yi Jihoon Franklin
Bought by
Oh Hyun Ik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2005
Sold by
Kim Ok Nam
Bought by
Yi Jihoon Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 2001
Sold by
Melgar Victor M and Melgar Mayra S
Bought by
Kim Ok Nam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,060
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 1994
Sold by
Federal National Mortgage Association
Bought by
Melgar Victor Manuel and Melgar Mayra Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,450
Interest Rate
8.3%

Purchase Details

Closed on
Feb 9, 1994
Sold by
Coast Fed Services
Bought by
Federal National Mortgage Association
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
Ahn Jae Wan $530,000 Old Republic Title Company
Oh Hyun Ik $850,000 Chicago Title Co
Yi Jihoon Franklin $715,000 --
Kim Ok Nam $255,000 Chicago Title
Melgar Victor Manuel $185,000 Guardian Title Company
Federal National Mortgage Association $281,878 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ahn Jae Wan $344,500
Previous Owner Oh Hyun Ik $680,000
Previous Owner Yi Jihoon Franklin $572,000
Previous Owner Kim Ok Nam $251,060
Previous Owner Melgar Victor Manuel $179,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2012 07/09/12 Sold $540,000 -2.5% $180 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $554,000 -- $185 / 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 $8,204 $652,647 $492,568 $160,079
2024 $8,204 $639,851 $482,910 $156,941
2023 $8,055 $627,306 $473,442 $153,864
2022 $7,696 $615,007 $464,159 $150,848
2021 $7,589 $602,949 $455,058 $147,891
2020 $7,661 $596,767 $450,392 $146,375
2019 $7,370 $585,066 $441,561 $143,505
2018 $7,228 $573,595 $432,903 $140,692
2016 $6,894 $551,324 $416,094 $135,230
2015 $6,796 $543,043 $409,844 $133,199
2014 $6,837 $532,406 $401,816 $130,590
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2012

    Young Shin

    US Realty & Investment

  • Yvonne Kim

    Buyer's Agent in 2012

    Yvonne Kim

    WIN Realty & Properties

    (323) 470-2799

    13 Total Sales

    Yvonne Kim
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Map

Source: The MLS

MLS Number: 11-563487

The MLS

APN: 5520-023-004

California Los Angeles County Los Angeles 90004 East Hollywood

324 N Alexandria Ave, Los Angeles, CA

Not Listed for Sale

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