NOT LISTED FOR SALE

432 E 31st St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $687,000 - $1,256,000

8 Beds
4 Baths
2,840 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $675,000 $238 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,169/month

296 Days on Market

About This Home

As of July 2017

Great investment opportunity for this duplex property built in 2006. Both units have 4 bedrooms and 2 bathrooms with no rent control. Minutes away from downtown LA, Koreatown, 110 freeway, and close walking and/or driving distance to USC, Shrine Auditorium, LA Coliseum, many museums, cafes, restaurants, and many more.

Last Agent to Sell the Property

Yongho Rho

Mega Realty License #01035466 Listed on: 08/09/2016

Last Buyer's Agent

Douglas Olsen

Olsen Realty License #01928821

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 5,171

Home Design

  • Duplex

Interior Spaces

  • 2,840 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Gated Parking

Additional Features

  • 5,171 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5120-018-006

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2840
  • Stories: 1
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 242.61

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 254000
  • Assessed Land Value: 200000
  • Assessor Parcel Number: 5120-018-006
  • Geocode Override: No
  • Lot Size Area: 5171

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.35
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2016
Closed on
Jun 7, 2017
Sold by
The Good Church Of Los Angeles
Bought by
Shalyapin Mikhall A
Seller's Agent
Yongho Rho
Mega Realty
Buyer's Agent
Douglas Olsen
Olsen Realty
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%
Current Estimated Value
$1,001,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,882
Avg. Annual Appreciation
4.68%
Original Mortgage
$513,600
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2016
Sold by
Chun Young Chon
Bought by
The Good Church Of Los Angeles

Purchase Details

Closed on
Feb 12, 2014
Sold by
Chun Young Sook
Bought by
Chun Young Chon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2008
Sold by
Aurora Loan Services Llc
Bought by
Chun Young Chon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2008
Sold by
Morales Jose S and Morales Rita
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
Rmz Group Unc
Bought by
Morales Jose S and Morales Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2006
Sold by
Financial Empire Inc
Bought by
Rmz Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2005
Sold by
Thomas Nelson
Bought by
Muse Carrie

Purchase Details

Closed on
Sep 16, 2005
Sold by
Muse Carrie and Fairley Diane
Bought by
Financial Empire Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shalyapin Mikhall A $675,000 Chicago Title Company
The Good Church Of Los Angeles $549,000 Ticor Title Company
Chun Young Chon -- Provident Title Company
Chun Young Chon $382,000 Lsi Title Agency
Chun Young Chon -- Lsi Title Agency
Aurora Loan Services Llc $483,000 None Available
Morales Jose S $669,000 Fidelity National Title Co
Rmz Group Inc -- United Title Company
Muse Carrie -- United Title Company
Financial Empire Inc -- Utc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shalyapin Mikhall A $513,600
Previous Owner Chun Young Chon $270,000
Previous Owner Chun Young Chon $286,500
Previous Owner Morales Jose S $535,200
Previous Owner Rmz Group Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $675,000 -2.0% $238 / Sq Ft
08/09/2016 08/09/16 For Sale $689,000 -- $243 / Sq Ft
Source: The MLS

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 $11,595 $936,302 $568,276 $368,026
2024 $11,431 $917,944 $557,134 $360,810
2023 $11,212 $899,946 $546,210 $353,736
2022 $10,694 $882,300 $535,500 $346,800
2021 $8,728 $709,544 $394,191 $315,353
2020 $8,813 $702,270 $390,150 $312,120
2019 $8,470 $688,500 $382,500 $306,000
2018 $8,365 $675,000 $375,000 $300,000
2016 $5,657 $454,000 $200,000 $254,000
2015 $5,658 $454,000 $200,000 $254,000
2014 $5,794 $454,000 $200,000 $254,000
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2017

    Yongho Rho

    RE/MAX

    (213) 276-2202

    28 Total Sales

    Yongho Rho
    Section Image

  • D

    Buyer's Agent in 2017

    Douglas Olsen

    Olsen Realty

    (949) 533-0787

    7 Total Sales

    Douglas Olsen
    Section Image
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Map

Source: The MLS

MLS Number: 16-152048

The MLS

APN: 5120-018-006

California Los Angeles County Los Angeles 90011 Historic South Central

432 E 31st St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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