NOT LISTED FOR SALE

414 Cottage Home St Los Angeles, CA 90012

Estimated Value: $769,000 - $1,179,302

5 Beds
3 Baths
2,277 Sq Ft
$411/Sq Ft Est. Value

Last Sold January 02, 2014

Last sale price $465,000 $204 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,771/month

88 Days on Market

Highlights

  • Fireplace in Bathroom
  • Wood Flooring
  • Wood Siding
  • Solano Avenue Elementary Rated 9+
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2014

2 Separate buildings. Recently remodeled, newer kitchen, granite counter tops, newer bathrooms, hardwood floors, laundry room, formal dining room, high ceilings, lots of windows and each unit with a private yard. Walking distance to Chinatown. Easy access to the freeway.Property has an unusually large attic space potential for a bedroom/loft attic conversion"

Last Agent to Sell the Property

Kevin Wong

High Ten Partners, Inc. License #01265346 Listed on: 08/02/2013

High Ten Partners, Inc.

Last Buyer's Agent

Chay Huang

CHLV GROUP, INC. License #01121265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,099

Year Built

  • Built in 1907

Lot Details

  • 4,801 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Raised Foundation
  • Shingle Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 2,277 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5414017008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,240
  • Net Operating Income $38,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,099

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5414017008
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Bath, Dining Room, Living Room
  • Levels: One
  • Price Per Square Foot: 204.22

Exterior Features

  • Foundation: Raised
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Plaster, Wood Siding

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 4801.00
  • Lot Size Acres: 0.1100

Multi Family

  • Average2 Bed Area: 789
  • Average3 Bed Area: 1488
  • Gross Income: 3240.00
  • Gross Scheduled Income: 38800.00
  • Lot Size Area: 4801.0000 Square Feet
  • Net Operating Income: 38880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Dec 12, 2013
Sold by
Tsan Regina
Bought by
Tsan Bach
Seller's Agent
Kevin Wong
High Ten Partners, Inc.
Buyer's Agent
Chay Huang
CHLV GROUP, INC.
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%
Current Estimated Value
$935,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,076
Avg. Annual Appreciation
6.24%
Original Mortgage
$260,000
Outstanding Balance
$197,819
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$738,356

Purchase Details

Listed on
Aug 2, 2013
Closed on
Dec 11, 2013
Sold by
Chung Chuan Wang Bypass Trust
Bought by
Lai Tsan Kiet and Lai Tsan Kiu
Seller's Agent
Kevin Wong
High Ten Partners, Inc.
Buyer's Agent
Chay Huang
CHLV GROUP, INC.
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$197,819
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$738,356

Purchase Details

Closed on
Feb 23, 1999
Sold by
Wang Chung C And Ju C Revocable Trust
Bought by
Chung Chuan Wan Bypass Trust

Purchase Details

Closed on
Mar 27, 1997
Sold by
Wang Chung C and Wang Ju C
Bought by
Wang Chung C and Wang Chung Chuan
Source: Public Records

Range of Values:

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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
Tsan Bach -- First American Title
Lai Tsan Kiet $465,000 First American Title
Chung Chuan Wan Bypass Trust -- --
Wang Chung C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsan Bach $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2014 01/02/14 Sold $465,000 -15.5% $204 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $550,000 -- $242 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $7,099 $558,840 $204,307 $354,533
2023 $6,966 $547,883 $200,301 $347,582
2022 $6,648 $537,141 $196,374 $340,767
2021 $6,559 $526,610 $192,524 $334,086
2020 $6,622 $521,211 $190,550 $330,661
2019 $6,367 $510,992 $186,814 $324,178
2018 $6,248 $500,973 $183,151 $317,822
2016 $5,981 $481,522 $176,040 $305,482
2015 $5,895 $474,290 $173,396 $300,894
2014 -- $465,000 $170,000 $295,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kevin Wong

    High Ten Partners, Inc.

    Section Image

  • C

    Buyer's Agent in 2014

    Chay Huang

    CHLV GROUP, INC.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13153921

California Regional Multiple Listing Service (CRMLS)

APN: 5414-017-008

California Los Angeles County Los Angeles 90012

414 Cottage Home St, Los Angeles, CA

This home is located at 414 Cottage Home St, Los Angeles, CA 90012 since 02 August 2013 and is currently estimated at $935,076, approximately $410 per square foot. This property was built in 1907. 414 Cottage Home St is a home located in Los Angeles County with nearby schools including Solano Avenue Elementary, Florence Nightingale Middle, and Ramón C. Cortines School of Visual and Performing Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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