NOT LISTED FOR SALE

3968 Denker Ave Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $1,091,000 - $1,333,000

8 Beds
4 Baths
3,806 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $785,000 $206 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,983/month

11 Days on Market

Highlights

  • Gated Parking
  • 4 Car Attached Garage
  • Attached Carport

About This Home

As of April 2018

Please do not disturb current tenants. Drive by only. Buyer shall verify all information of the property, number of bedrooms and any information from the seller.Great investment opportunity for 4 unit property conveniently located in a prime area near USC, minutes from Downtown LA, Koreatown, Metro and public transit, Coliseum and easy freeway access. Plentiful parking on lot and garage spaces. Gated property. Plentiful street parking.

Last Agent to Sell the Property

Joseph Keongwhan Min

New Star Realty License #01380749 Listed on: 02/12/2018

New Star Realty

Co-Listed By

Kyoung Ok Kim

New Star Realty License #01752500

Last Buyer's Agent

Christina Lee

Ivy Realty Co. License #01124860

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,055

Year Built

  • Built in 1927

Lot Details

  • 5,504 Sq Ft Lot

Home Design

  • 3,806 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Driveway
  • Gated Parking

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5036-021-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,055

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3806
  • Year Built: 1927
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 208.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Attached, Carport, Carport Attached, Driveway, Gated
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 125691
  • Assessed Land Value: 316873
  • Assessor Parcel Number: 5036-021-023
  • Geocode Override: No
  • Lot Size Area: 5504

Rental Info

  • Total Actual Rent: 50820.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.60
  • Number Of Units: 4
  • Total Annual Expense: 16840
  • Type Of Units: 4
  • Vacancy Rate: 0.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 26, 2018
Sold by
Choi Kent Kyong
Bought by
Sanghi Kim Seon and Sanghi Kim
Seller's Agent
Joseph Keongwhan Min
New Star Realty
Buyer's Agent
Christina Lee
Ivy Realty Co.
List Price
$795,000
Sold Price
$785,000
Premium/Discount to List
-$10,000
-1.26%
Current Estimated Value
$1,097,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,650
Avg. Annual Appreciation
5.84%
Original Mortgage
$470,000
Outstanding Balance
$404,686
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$787,087

Purchase Details

Closed on
May 29, 2013
Sold by
Choi Janet H
Bought by
Choi Kent Kyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2013
Sold by
Garcia Yvonne and Carlos Simbala Irrevocable Tru
Bought by
Choi Keng Kyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,250
Interest Rate
4.33%
Mortgage Type
New Conventional
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
Sanghi Kim Seon $785,000 Usa National Title Company I
Choi Kent Kyong -- Wfg Title Company Of Ca
Choi Keng Kyong $419,000 Wfg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanghi Kim Seon $470,000
Previous Owner Choi Keng Kyong $314,250
Previous Owner Simbala Carlos M $400,000
Previous Owner Simbala Carlos M $150,000
Previous Owner Simbala Carlos M $256,000
Previous Owner Simbala Carlos M $36,000
Previous Owner Simbala Carlos M $223,800
Previous Owner Simbala Carlos M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2018 04/04/18 Sold $785,000 -1.3% $206 / Sq Ft
02/12/2018 02/12/18 For Sale $795,000 +89.7% $209 / Sq Ft
08/29/2013 08/29/13 Sold $419,000 -6.7% $110 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
06/30/2011 06/30/11 For Sale $449,000 -- $118 / 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 $11,055 $893,190 $665,627 $227,563
2024 $11,055 $875,677 $652,576 $223,101
2023 $10,850 $858,508 $639,781 $218,727
2022 $10,360 $841,676 $627,237 $214,439
2021 $10,215 $825,174 $614,939 $210,235
2020 $10,315 $816,714 $608,634 $208,080
2019 $9,916 $800,700 $596,700 $204,000
2018 $5,816 $451,414 $323,210 $128,204
2016 $5,531 $433,887 $310,660 $123,227
2015 $5,455 $427,371 $305,994 $121,377
2014 $5,498 $419,000 $300,000 $119,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Keongwhan Min

    Seller's Agent in 2018

    Joseph Keongwhan Min

    New Star Realty

    (213) 280-4989

    4 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kyoung Ok Kim

    New Star Realty

    Section Image

  • C

    Buyer's Agent in 2018

    Christina Lee

    Ivy Realty Co.

    (213) 386-8888

    3 Total Sales

    Section Image
  • Joyce Leonard

    Seller's Agent in 2013

    Joyce Leonard

    Showcase Homes, So Cal

    (909) 861-6000

    36 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    Jason Y. Oh

    WIN Realty & Properties

See All Agents

Map

Source: The MLS

MLS Number: 18-312978

The MLS

APN: 5036-021-023

California Los Angeles County Los Angeles 90062 Exposition Park

3968 Denker Ave, Los Angeles, CA

This home is located at 3968 Denker Ave, Los Angeles, CA 90062 since 12 February 2018 and is currently estimated at $1,191,773, approximately $313 per square foot. This property was built in 1927. 3968 Denker Ave is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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