NOT LISTED FOR SALE

Estimated Value: $602,000 - $1,754,000

1 Bed
1 Bath
900 Sq Ft
$1,350/Sq Ft Est. Value

Highlights

  • No HOA
  • Bathtub with Shower
  • Tile Flooring
  • Den
  • More Than Two Accessible Exits
  • Ceiling Fan

About This Home

As of March 2018

JUST REDUCED!! REMODELED Very Large One Bed plus Den approx. 900sf. This well maintained Multi Family property has 4 units and is located in the Historic West Adams District. Recently remodeled, new kitchen, paint and hardwood floors throughout. Unit is on the 2nd floor, great neighbors. Right off the 10 west/east in the Historic West Adams District. Close to hwys. Easy commute to USC, K-town, Hollywood, Downtown LA or Santa Monica. Note: One Assigned Parking completed in march (Re-pavement) with additional parking for $50 per month.

Last Agent to Rent the Property

Stella Grey

Commercial Realty Group Inc License #02003532 Listed on: 11/16/2017

Last Renter's Agent

Stella Grey

Commercial Realty Group Inc License #02003532 Listed on: 11/16/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,052

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 2nd floor

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Den

Kitchen

  • Gas Cooktop
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Additional Features

  • More Than Two Accessible Exits
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $1,750
  • Rent includes sewer, water
  • 12-Month Minimum Lease Term
  • Available 12/24/17
  • Tax Lot A
  • Tax Tract Number 2885
  • Assessor Parcel Number 5051001009

Community Details

Overview

  • No Home Owners Association
  • $500 HOA Transfer Fee

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,052

Year Built

Built in 1939 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Last Month Rent
  • Available Date: 2017-12-24
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1750
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 5051001009
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 900.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.89
  • Room Type: All Bedrooms Up, Den
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Off Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7500.00

Multi Family

  • First Repairs: 150
  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Sewer, Water

Tax Info

  • Tax Census Tract: 2189.00
  • Tax Lot: A
  • Tax Tract Number: 2885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Kim Simon Boo
Bought by
Kim Yeong Sin
Current Estimated Value
$1,215,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$320,565
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$894,585

Purchase Details

Closed on
Jun 11, 2020
Sold by
Kim Yeong Sin and The 2016 Yeong Sin Kim Living
Bought by
Kim Yeong Sin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Outstanding Balance
$320,565
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$894,585

Purchase Details

Closed on
Aug 30, 2016
Sold by
Kim Yeong Sin
Bought by
Kim Yeong Sin and The 2016 Yeong Sin Kim Living Trust

Purchase Details

Closed on
Apr 9, 2015
Sold by
Kim Simon Boo
Bought by
Kim Yeong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2015
Sold by
Mc Grew Revoc George F and Mc Grew Revoc Wylean F
Bought by
Kim Yeong S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kim Yeong Sin -- Provident Title Company
Kim Yeong Sin -- Provident Title Company
Kim Yeong Sin -- None Available
Kim Yeong S -- Fidelity National Title Co
Kim Yeong S $660,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Yeong Sin $456,000
Previous Owner Kim Yeong S $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2018 03/11/18 Rented $1,700 0.0% --
03/01/2018 03/01/18 Price Changed $1,700 -2.9% $2 / Sq Ft
01/31/2018 01/31/18 Price Changed $1,750 -5.4% $2 / Sq Ft
01/09/2018 01/09/18 Price Changed $1,850 0.0% $2 / Sq Ft
01/09/2018 01/09/18 For Rent $1,850 -2.6% --
12/15/2017 12/15/17 Off Market $1,900 -- --
12/15/2017 12/15/17 Price Changed $1,850 0.0% $2 / Sq Ft
12/15/2017 12/15/17 For Rent $1,850 -43.9% --
12/08/2017 12/08/17 Rented $3,300 +84.4% --
12/05/2017 12/05/17 Off Market $1,790 -- --
12/01/2017 12/01/17 Price Changed $1,790 +12.6% $2 / Sq Ft
11/16/2017 11/16/17 For Rent $1,590 -- --
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 $10,052 $793,213 $528,810 $264,403
2024 $10,052 $777,661 $518,442 $259,219
2023 $9,871 $762,414 $508,277 $254,137
2022 $9,435 $747,465 $498,311 $249,154
2021 $9,302 $732,810 $488,541 $244,269
2020 $9,390 $725,297 $483,532 $241,765
2019 $9,036 $711,076 $474,051 $237,025
2018 $8,901 $697,134 $464,756 $232,378
2016 $8,490 $670,065 $446,710 $223,355
2015 $2,428 $161,446 $97,457 $63,989
2014 $2,465 $158,284 $95,548 $62,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17259781

California Regional Multiple Listing Service (CRMLS)

APN: 5051-001-009