NOT LISTED FOR SALE

4108 Council St Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,169,000 - $1,901,000

-- Bed
-- Bath
3,372 Sq Ft
$430/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $875,000 $259 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,686/month

67 Days on Market

About This Home

As of March 2017

Fourplex in a very desirable area. All one bedroom and one bath. Large units with upside in the rents. Close to shops, restaurants and public transportation. PLEASE DO NOT DISTURB TENANTS. Call listing agent for more details.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 11/07/2016

Michael Anthony Salerno

Co-Listed By

Carolyn Schneider

Miller & Desatnik Realty Co. License #00881530

Last Buyer's Agent

Sean Her

Herlee Properties License #01426705

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,472

Year Built

  • Built in 1941

Lot Details

  • 5,640 Sq Ft Lot
  • Lot Dimensions are 47x120

Interior Spaces

  • 3,372 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Utilities

  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5518-005-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,472

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3372
  • Lot Dimensions: 47x120
  • Probate: No
  • Stories: 2
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 274.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage, Uncovered
  • Total Parking: 4

Utilities

  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 106103
  • Assessed Land Value: 416094
  • Assessor Parcel Number: 5518-005-026
  • Geocode Override: No
  • Lot Size Area: 5640

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 100%
  • Type Of Units: Apartments

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Her Won M and Lee Diana H
Bought by
Her Living Trust and Her
Current Estimated Value
$1,450,920

Purchase Details

Listed on
Nov 7, 2016
Closed on
Mar 24, 2017
Sold by
Her Won Moo
Bought by
Lee Diana
Seller's Agent
Michael Salerno
Michael Anthony Salerno
Buyer's Agent
Sean Her
Herlee Properties
List Price
$899,950
Sold Price
$875,000
Premium/Discount to List
-$24,950
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$656,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2016
Closed on
Feb 24, 2017
Sold by
Sabzland Llc
Bought by
Lee Diana
Seller's Agent
Michael Salerno
Michael Anthony Salerno
Buyer's Agent
Sean Her
Herlee Properties
List Price
$899,950
Sold Price
$875,000
Premium/Discount to List
-$24,950
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Jump Jacklyn
Bought by
Action One Lp

Purchase Details

Closed on
Jun 15, 2005
Sold by
Jump Jimmy
Bought by
Jump Jacklyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 8, 2005
Sold by
Cho Byung Kil and Cho Chung Moon
Bought by
Jump Jacklyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 10, 2004
Sold by
Cho Byung Kil
Bought by
Cho Byung Kil

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
1.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2004
Sold by
Kf 8822 Llc
Bought by
Cho Byung Kil

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
1.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2004
Sold by
Esparza Marisela
Bought by
Kf 8822 Llc

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
1.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Jurcak Dennis J and The Dennis J Jurcak Trust
Bought by
Esparza Marisela
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
Her Living Trust -- None Listed On Document
Her Won M -- None Listed On Document
Lee Diana -- Lawyers Title
Sabzland Llc -- Lawyers Title
Lee Diana $875,000 Lawyers Title
Action One Lp $502,000 None Available
Jump Jacklyn -- --
Jump Jacklyn $700,000 --
Cho Byung Kil -- --
Cho Byung Kil $565,000 Provident Title Company
Kf 8822 Llc -- Provident Title Company
Esparza Marisela $392,000 Gateway
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Diana $656,250
Previous Owner Jump Jacklyn $560,000
Previous Owner Cho Byung Kil $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $875,000 -5.4% $259 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
11/08/2016 11/08/16 Price Changed $925,000 +2.8% $274 / Sq Ft
11/07/2016 11/07/16 For Sale $899,950 -- $267 / 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 $12,472 $1,015,506 $812,407 $203,099
2024 $12,472 $995,595 $796,478 $199,117
2023 $12,239 $976,074 $780,861 $195,213
2022 $11,682 $956,936 $765,550 $191,386
2021 $11,526 $938,174 $750,540 $187,634
2019 $11,187 $910,610 $728,280 $182,330
2018 $11,091 $892,760 $714,000 $178,760
2016 $6,590 $522,197 $416,094 $106,103
2015 $6,498 $514,354 $409,844 $104,510
2014 $6,544 $504,279 $401,816 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Michael Salerno

    Seller's Agent in 2017

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    1 in this area

    28 Total Sales

    Michael Salerno
    Section Image
  • Carolyn Schneider

    Seller Co-Listing Agent in 2017

    Carolyn Schneider

    Miller & Desatnik Realty Co.

    (310) 430-9843

    1 in this area

    16 Total Sales

    Carolyn Schneider
    Section Image

  • S

    Buyer's Agent in 2017

    Sean Her

    Herlee Properties

    (310) 780-3309

    Sean Her
    Section Image
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Map

Source: The MLS

MLS Number: 16-178270

The MLS

APN: 5518-005-026

California Los Angeles County Los Angeles 90004 Koreatown

4108 Council St, Los Angeles, CA

Not Listed for Sale

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