NOT LISTED FOR SALE

Estimated Value: $755,000 - $966,000

4 Beds
4 Baths
1,984 Sq Ft
$423/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2021

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

Est. 16% increase in value since last sale

Current estimated payment $5,307 / mo

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

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1922

Lot Details

6,407 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Bought by
Current Estimated Value
$834,662

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 27, 2021
Sold by
Bought by
Seller's Agent
Julie Kim
New Star Realty & Investment
Buyer's Agent
General NONMEMBER
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
2.96%
Original Mortgage
$432,600
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 23, 2021
Sold by
Bought by
Seller's Agent
Julie Kim
New Star Realty & Investment
Buyer's Agent
General NONMEMBER
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
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2021
Closed on
Apr 13, 2021
Sold by
Bought by
Seller's Agent
Julie Kim
New Star Realty & Investment
Buyer's Agent
General NONMEMBER
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
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 12, 2016
Sold by
Bought by
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
0.0345%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 8, 2016
Sold by
Bought by
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
0.0345%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2016
Sold by
Bought by

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
0.0345%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2010
Sold by
Bought by

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
0.0435%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Bought by

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
0.0667%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 2006
Sold by
Bought by

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
0.075%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2005
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2005
Sold by
Bought by

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
0.079%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Bought by

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
0.095%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- New Title Company Name
-- New Title Company Name
$721,000 California Best Title
-- New Title Company Name
-- None Listed On Document
$565,000 Orange Coast Title
-- Orange Coast Title
-- Orange Coast Title
-- None Available
-- Investors Title Company
$285,000 Investors Title Company
$565,000 Commonwealth Land Title Co
-- Accommodation
-- --
-- Gateway Title Company
$273,000 Fidelity National Title Co
$165,000 First American Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $432,600
Closed $432,600
Closed $432,600
Closed $423,750
Closed $213,750
Closed $56,500
Closed $452,000
Closed $116,500
Closed $363,000
Closed $215,200
Closed $154,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,587 $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

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