NOT LISTED FOR SALE

Estimated Value: $1,078,000 - $1,343,000

8 Beds
4 Baths
4,160 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $857,000 $206 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,287/month

8 Days on Market

About This Home

As of July 2019

Good Location, Close by bus stop and train station. Near by USC and Coliseum. Well Maintained building and long term tenants. A Must See. DRIVE BY ONLY. DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Jason Oh

WIN Realty & Properties License #01501408 Listed on: 06/18/2019

Last Buyer's Agent

Gina Park

New Star Realty License #01835028

New Star Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,640

Year Built

  • Built in 1916

Lot Details

  • 6,451

Interior Spaces

  • 4,160 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,451 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5021-001-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,640

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4160
  • Stories: 2
  • Year Built: 1916
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Hood Fan, Range/Oven
  • Price Per S Q F T: 216.11

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned, Parking Space
  • Total Parking: 5

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 103555
  • Assessed Land Value: 383154
  • Assessor Parcel Number: 5021-001-003
  • Geocode Override: No
  • Lot Size Area: 6451

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.72
  • Number Of Units: 4
  • Total Annual Expense: 15200
  • Type Of Units: 4Unit
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Park Chong Man and Park Sun Ki
Bought by
Park Chong Man and Park Sun Ki
Current Estimated Value
$1,190,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$409,420
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$772,303

Purchase Details

Closed on
Aug 10, 2021
Sold by
Park Chong Man and Park Sun Ki
Bought by
Park Chong Man and Park Sun Ki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$409,420
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$772,303

Purchase Details

Closed on
Dec 30, 2020
Sold by
Park Chong Man and Park Sun Ki
Bought by
Park Chong Man and Park Sun Ki

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jul 12, 2019
Sold by
Jung Kwak Daniel Minseok and Jung Kim Yoon
Bought by
Park Chong Man and Park Sun Ki
Seller's Agent
Jason Oh
WIN Realty & Properties
Buyer's Agent
Gina Park
New Star Realty
List Price
$899,000
Sold Price
$857,000
Premium/Discount to List
-$42,000
-4.67%

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
$450,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2017
Sold by
Kwak Bong Keun
Bought by
Kwak Daniel Minseok and Kim Yoon Jung

Purchase Details

Listed on
May 15, 2014
Closed on
Nov 12, 2014
Sold by
Peterson Gail D
Bought by
Kwak Bong Keun and Kwak Sook
Seller's Agent
Norma Streams
Rodeo Realty- Brentwood
Buyer's Agent
Jason Oh
WIN Realty & Properties
List Price
$459,000
Sold Price
$470,000
Premium/Discount to List
$11,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$305,500
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Park Chong Man -- Atlas Title Company
Park Chong Man -- Atlas Title Company
Park Chong Man -- Accommodation
Park Chong Man $857,000 Provident Title Company
Kwak Daniel Minseok -- None Available
Kwak Bong Keun $470,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Chong Man $448,000
Closed Park Chong Man $448,000
Closed Park Chong Man $450,000
Previous Owner Kwak Bong Keun $305,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $857,000 -4.7% $206 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $899,000 +91.3% $216 / Sq Ft
12/02/2014 12/02/14 Sold $470,000 +2.4% $113 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $459,000 -- $110 / 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 $11,640 $937,249 $437,456 $499,793
2024 $11,640 $918,873 $428,879 $489,994
2023 $11,425 $900,857 $420,470 $480,387
2022 $10,910 $883,194 $412,226 $470,968
2021 $10,758 $865,878 $404,144 $461,734
2020 $10,862 $857,000 $400,000 $457,000
2019 $6,524 $506,371 $398,633 $107,738
2018 $6,403 $496,443 $390,817 $105,626
2016 $6,090 $477,167 $375,642 $101,525
2015 $6,005 $470,000 $370,000 $100,000
2014 $978 $44,555 $21,975 $22,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-479520

The MLS

APN: 5021-001-003