NOT LISTED FOR SALE

Estimated Value: $924,000 - $1,105,000

6 Beds
4 Baths
2,802 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $950,000 $339 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,229/month

369 Days on Market

Highlights

  • 0.34 Acre Lot
  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Lincoln High School Rated A-

About This Home

As of August 2023

GREAT INVESTMENT OPPORTUNITY!!! There are 3 units on the lot. Main house has 4 bedrooms (1 unpermitted) and 2 baths. Rear house is a 2 story house that consist of 2 separate units, each unit with one bedroom and 1 bathroom. Large backyard with ample parking. Conveniently close to restaurants, shops, schools, transportation. Easy access to major freeways and just minutes to Downtown Los Angeles, Pasadena, Alhambra and Dodger Stadium.

All information deemed reliable but not guaranteed. Do not disturb tenants. Drive by only.

Last Agent to Sell the Property

Adam Luong

COLDWELL BANKER DYNASTY/ARC License #01786128 Listed on: 05/13/2022

COLDWELL BANKER DYNASTY/ARC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 2,802 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 24 / 21
  • Tax Tract Number 23
  • Assessor Parcel Number 5306011023
  • $816 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,700
  • Operating Expense $3,900
  • Gross Income $4,830

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0.34 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 2700.00
  • Zoning: LARD3
  • Property Type: Residential Income
  • Parcel Number: 5306011023
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 339.04

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 15001.00
  • Lot Size Acres: 0.3444

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4830.00
  • Gross Scheduled Income: 4830.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 15001.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 3900.00

Tax Info

  • Tax Block: 21
  • Tax Census Tract: 2012.00
  • Tax Lot: 24
  • Tax Tract Number: 23
  • TaxOtherAnnualAssessmentAmount: 816.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2023
Sold by
Lin Zheng William and Ong Sharlene
Bought by
Lemon Zinger Llc
Current Estimated Value
$990,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2002
Sold by
Wong Steven Kent
Bought by
Lin Su Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
5.89%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Hsu Joshua Chiung Jung
Bought by
Wong Steven Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
7.18%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Tsai Erh Kon
Bought by
Hsu Joshua Chiung Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.84%

Purchase Details

Closed on
Apr 28, 1999
Sold by
Republic National Bank Of New York
Bought by
Tsai Erh Kon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.64%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 27, 1999
Sold by
Chiang Hui Tien and Republic Consumer Lending Grou
Bought by
Republic National Bank Of New York

Purchase Details

Closed on
Apr 24, 1997
Sold by
Tsay Mingyuan
Bought by
Chiang Hui Tien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6%

Purchase Details

Closed on
Dec 8, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tsay Mingyuan

Purchase Details

Closed on
Feb 15, 1996
Sold by
Guajardo Juan Antonio and Guajardo Cecilia Lem
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
Nov 24, 1993
Sold by
Guajardo Juan Antonio and Guajardo Cecilia Lem
Bought by
Vargas Frederick and Vargas Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lemon Zinger Llc $950,000 Lawyers Title
Lin Su Juan $278,000 Investors Title
Wong Steven Kent $268,000 Investors Title Company
Hsu Joshua Chiung Jung $260,000 Lawyers Title Company
Tsai Erh Kon $150,000 Lawyers Title Company
Republic National Bank Of New York $194,973 First American Title Ins Co
Chiang Hui Tien $225,000 --
Tsay Mingyuan $109,000 First American Title Co
American Svgs Bank Fa $131,000 Stewart Title
Vargas Frederick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemon Zinger Llc $760,000
Previous Owner Lin Su Juan $222,400
Previous Owner Wong Steven Kent $206,250
Previous Owner Hsu Joshua Chiung Jung $208,000
Previous Owner Tsai Erh Kon $120,000
Previous Owner Chiang Hui Tien $180,000
Previous Owner Vargas Frederick $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $950,000 -5.0% $339 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $1,000,000 +5.3% $357 / Sq Ft
12/08/2022 12/08/22 Off Market $950,000 -- --
09/15/2022 09/15/22 Price Changed $1,000,000 -9.1% $357 / Sq Ft
07/04/2022 07/04/22 For Sale $1,100,000 +15.8% $393 / Sq Ft
06/09/2022 06/09/22 Off Market $950,000 -- --
05/13/2022 05/13/22 For Sale $1,100,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,245 $969,000 $867,000 $102,000
2024 $12,245 $950,000 $850,000 $100,000
2023 $12,262 $951,660 $711,960 $239,700
2022 $5,263 $379,397 $218,358 $161,039
2021 $5,191 $371,959 $214,077 $157,882
2020 $5,233 $368,486 $211,882 $156,604
2019 $5,054 $361,268 $207,728 $153,540
2018 $4,787 $354,192 $203,655 $150,537
2016 $4,562 $340,113 $195,748 $144,365
2015 $4,502 $335,005 $192,808 $142,197
2014 $4,539 $328,444 $189,032 $139,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22100811

California Regional Multiple Listing Service (CRMLS)

APN: 5306-011-023

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