NOT LISTED FOR SALE

Estimated Value: $725,000 - $971,000

4 Beds
4 Baths
1,984 Sq Ft
$416/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $721,000 $363 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,201/month

10 Days on Market

About This Home

As of April 2021

Rare opportunity to own 4 units on a quiet place in South East Los Angeles premium location. Property has two buildings and each building has 2 units attached. The average unit size is about 480s.f. Each unit has 1 bedroom and 1 bathroom. Each unit has separate metered for gas and electric and andlord pays water. Cozy front yard and big size of parking space at the back of the building. Do not miss out this priced to sell income property.

Last Agent to Sell the Property

Julie Kim

New Star Realty & Investment License #01444322 Listed on: 03/06/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,478

Year Built

  • Built in 1922

Lot Details

  • 6,407 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,984 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 25 / 2
  • Assessor Parcel Number 5036018021

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $792
  • Maintenance Expense $870
  • Water Sewer Expense $2,682
  • New Taxes Expense $8,820
  • Operating Expense $13,493
  • Gross Income $48,108
  • Net Operating Income $34,615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,478

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2682.00
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5036018021
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 363.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6407.00
  • Lot Size Acres: 0.1471

Multi Family

  • Gross Income: 48108.00
  • Gross Scheduled Income: 48108.00
  • Insurance Expense: 792.00
  • Lot Size Area: 6407.0000 Square Feet
  • Maintenance Expense: 870.00
  • Net Operating Income: 34615.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13493.00
  • Rent Control: Yes
  • Total Expenses: 13493.00

Tax Info

  • New Taxes Expense: 8820.00
  • Tax Block: 2
  • Tax Census Tract: 2313.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Barahmand Soitrab and Termechi Shahrokh
Bought by
Halldale 26 Llc
Current Estimated Value
$805,723

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 23, 2021
Sold by
Termechi Mahnaz
Bought by
Termochi Shahrokh
Seller's Agent
Julie Kim
New Star Realty & Investment
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$735,000
Sold Price
$721,000
Premium/Discount to List
-$14,000
-1.9%

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
$432,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 13, 2021
Sold by
Rad Jila
Bought by
Barahmand Sohrab
Seller's Agent
Julie Kim
New Star Realty & Investment
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$735,000
Sold Price
$721,000
Premium/Discount to List
-$14,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 12, 2016
Sold by
Tezo Inc
Bought by
Ser Byung and Ser John
Seller's Agent
Troy Kiem
New Investment Realty
Buyer's Agent
Neal Kang
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$423,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 8, 2016
Sold by
Ser Seong Ok
Bought by
Ser Byung
Seller's Agent
Troy Kiem
New Investment Realty
Buyer's Agent
Neal Kang
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2016
Sold by
Kiem Llc
Bought by
Tezo Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
Lee Ann and Kiem Troy
Bought by
Kiem Llc

Purchase Details

Closed on
Jun 30, 2010
Sold by
Santos Jorge A
Bought by
Lee Ann and Kiem Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Edmonson Harold and Edmonson Melinda
Bought by
Santos Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 2006
Sold by
Hme Investments Llc
Bought by
Edmonson Harold and Edmonson Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2005
Sold by
Edmonson Harold and Edmonson Melinda
Bought by
Hme Investments Llc

Purchase Details

Closed on
Feb 18, 2005
Sold by
Edmonson Harold
Bought by
Edmonson Harold and Edmonson Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Austin Pamela G and Austin Robert L
Bought by
Edmonson Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1999
Sold by
Jefferson Joseph and Jefferson Helen
Bought by
Austin Pamela G and Austin Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
7.2%

Purchase Details

Closed on
Mar 9, 1998
Sold by
Jefferson Helen and The Jefferson Family Trust
Bought by
Jefferson Helen and The Joseph Jefferson Exemption

Purchase Details

Closed on
Jan 28, 1996
Sold by
Jefferson Joseph and Jefferson Helen
Bought by
Jefferson Joseph and Jefferson Helen
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
Halldale 26 Llc -- New Title Company Name
Termochi Shahrokh -- California Best Title
Barahmand Sohrab $721,000 California Best Title
Barahmand Sohrab -- California Best Title
Ser Byung $565,000 Orange Coast Title
Ser Byung -- Orange Coast Title
Ser John -- Orange Coast Title
Tezo Inc -- None Available
Kiem Llc -- Investors Title Company
Lee Ann $285,000 Investors Title Company
Santos Jorge A $565,000 Commonwealth Land Title Co
Edmonson Harold -- Accommodation
Hme Investments Llc -- --
Edmonson Harold -- Gateway Title Company
Edmonson Harold $273,000 Fidelity National Title Co
Austin Pamela G $165,000 First American Title Co
Jefferson Helen -- --
Jefferson Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barahmand Sohrab $432,600
Previous Owner Barahmand Sohrab $432,600
Previous Owner Ser Byung $423,750
Previous Owner Lee Ann $213,750
Previous Owner Santos Jorge A $56,500
Previous Owner Santos Jorge A $452,000
Previous Owner Edmonson Harold $116,500
Previous Owner Edmonson Harold $363,000
Previous Owner Edmonson Harold $215,200
Previous Owner Austin Robert L $154,000
Previous Owner Austin Pamela G $140,250
Closed Edmonson Harold $53,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $721,000 -1.9% $363 / Sq Ft
03/06/2021 03/06/21 For Sale $735,000 +30.1% $370 / Sq Ft
09/23/2016 09/23/16 Sold $565,000 -1.7% $285 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $575,000 -- $290 / Sq Ft
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 $9,478 $765,130 $530,604 $234,526
2024 $9,478 $750,128 $520,200 $229,928
2023 $9,303 $735,420 $510,000 $225,420
2022 $9,053 $735,420 $510,000 $225,420
2021 $7,583 $605,791 $364,547 $241,244
2020 $7,657 $599,581 $360,810 $238,771
2019 $7,364 $587,826 $353,736 $234,090
2018 $7,230 $576,300 $346,800 $229,500
2016 $3,984 $308,441 $216,451 $91,990
2015 $3,929 $303,809 $213,200 $90,609
2014 $3,970 $297,859 $209,024 $88,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21047181

California Regional Multiple Listing Service (CRMLS)

APN: 5036-018-021