NOT LISTED FOR SALE

Estimated Value: $968,000 - $1,497,000

4 Beds
4 Baths
1,400 Sq Ft
$915/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $1,150,000 $821 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,173/month

33 Days on Market

Highlights

  • Spanish Architecture
  • Zoned Cooling
  • 5-minute walk to Bellevue Park Recreation Center
  • John Marshall Senior High Rated A

About This Home

As of November 2021

Great Price! Truly a Unique Opportunity for any Buyer looking for a Remarkable Investment - Easy Access to PRIME Silverlake Shopping, Restaurants and Stores! Each Unit has its Own Private Patio! Each Unit has its Own Laundry! OWNER-USER, With one vacancy, this property is ideal for anyone wanting to resolve their housing needs on top of acquiring a great income producing property! Recently Painted with additional touch-ups. This is well worth your time! This may be the one for your future portfolio!

Last Agent to Sell the Property

Jonathan Jay

Bruce Jay Associates License #01979786 Listed on: 06/18/2021

Last Buyer's Agent

Jonathan Jay

Bruce Jay Associates License #01979786 Listed on: 06/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,995

Year Built

  • Built in 1923

Lot Details

  • 9,302 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 4 Parking Spaces

Home Design

  • 1,400 Sq Ft Home
  • Spanish Architecture

Kitchen

  • Oven or Range
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Zoned Cooling

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for gardener, water
  • Assessor Parcel Number 5539-019-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,995

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1400
  • Lot Acreage: 0.2135
  • Probate: No
  • Year Built: 1923
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Range
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1010.71

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Total Parking: 4

Utilities

  • Cooling: Multi/Zone
  • Water Expense: 4450.00

Fee Information

  • Insurance Expense: 1450.00
  • Maintenance Expense: 4500.00

Lot Info

  • Assessed Improvement Percent: 47.67
  • Assessed Improvement Value: 60395
  • Assessed Land Percent: 52.33
  • Assessed Land Value: 66308
  • Total Assessed Value: 126703
  • Assessor Parcel Number: 5539-019-018
  • Lot Size Area: 9302

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 20.89
  • Number Of Units: 4
  • Total Annual Expense: 12620
  • Type Of Units: Apartments
  • Vacancy Allow: 2450
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2021
Sold by
Bruno Lisa Fung Yee and The Lisa Bruno Family Trust
Bought by
Run Marathons Llc
Current Estimated Value
$1,280,598

Purchase Details

Closed on
Jan 5, 2021
Sold by
Lee Lena Fung San
Bought by
Lee Lena Fung San and Lena Lee Family Trust

Purchase Details

Closed on
Dec 30, 2020
Sold by
Lee Wai Bun
Bought by
Lee Waibun and Waibun Lee Family Trust

Purchase Details

Closed on
Dec 19, 2020
Sold by
Bruno Lisa Fung Yee
Bought by
Bruno Lisa Fung Yee and Lisa Bruno Family Trust

Purchase Details

Closed on
Apr 19, 2006
Sold by
Bruno Antony
Bought by
Yee Bruno Lisa and Yee Bruno Lisa Fung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2006
Sold by
Leong Joanna
Bought by
Lee Waibun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 2005
Sold by
Lee Helen K L
Bought by
Lee Wai Bun and Lee Lena Fung San
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
Run Marathons Llc $1,150,000 Chicago Title Company
Lee Lena Fung San -- None Available
Lee Waibun -- None Available
Bruno Lisa Fung Yee -- None Available
Yee Bruno Lisa -- Stewart Title
Lee Waibun -- Stewart Title
Lee Wai Bun -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Wai Bun $273,200
Previous Owner Lee Wai Bun $314,000
Previous Owner Lee Wai Bun $330,000
Previous Owner Lee Wai Bun $215,000
Previous Owner Yee Bruno Lisa $100,000
Previous Owner Lee Helen K L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $1,150,000 -18.7% $821 / Sq Ft
07/22/2021 07/22/21 Price Changed $1,415,000 -8.7% $1,011 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,550,000 -- $1,107 / 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 $14,995 $1,220,388 $902,026 $318,362
2024 $14,995 $1,196,460 $884,340 $312,120
2023 $14,710 $1,173,000 $867,000 $306,000
2022 $15,187 $1,150,000 $850,000 $300,000
2021 $2,114 $128,014 $66,994 $61,020
2020 $2,126 $126,703 $66,308 $60,395
2019 $2,064 $124,219 $65,008 $59,211
2018 $1,921 $121,784 $63,734 $58,050
2016 $1,809 $117,057 $61,260 $55,797
2015 $1,788 $115,299 $60,340 $54,959
2014 $1,823 $113,042 $59,159 $53,883
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-749016

The MLS

APN: 5539-019-018