NOT LISTED FOR SALE

Estimated Value: $1,293,000 - $1,610,000

2 Beds
2 Baths
2,018 Sq Ft
$734/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $1,150,000 $570 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,365/month

44 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2019

Charming and cozy Spanish style 2 units, each unit is a spacious 2 bedroom & 1 bathroom, with laundry inside. All permits have been issued for remodeling. Both units have been remodeled in 2014 and 2015, well maintained side by side units with light & bright interior. Kitchen has stainless steel appliances, granite counter top, new cabinets, white double kitchen sink, and five versatile gas burners range. Bedroom has steel frame sliding closet door and lighting. Brand new bathroom with tub, cabinets, and lighting. Newer features include central AC/Heat, hardwood floors, plumbing, electrical, crown molding, new garage door, recessed lighting, and driveway. Also includes new main drain pipe, tankless water heater, new landscaping in frontyard and backyard, separate gas. This is "R3 zoning" in Koreatown. And, you can make one more unit by ADU regulation. "It is very Potential~!! " This is amazing opportunity for investors and development. Owner have new tenants on March 2019.

Last Agent to Sell the Property

Judy Jung Lee

Keller Williams Larchmont License #02015973 Listed on: 06/17/2019

Keller Williams Larchmont

Last Buyer's Agent

Monica An

License #01826656

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,871

Year Built

  • Built in 1922

Lot Details

  • 6,646 Sq Ft Lot

Interior Spaces

  • 2,018 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Automatic Gate

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water, hot water
  • The owner pays for gardener
  • Assessor Parcel Number 5521-009-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,871

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2018
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 569.87

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 5

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central, Electric, Gas
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Security: Automatic Gate

Lot Info

  • Assessed Improvement Value: 211248
  • Assessed Land Value: 359122
  • Assessor Parcel Number: 5521-009-008
  • Geocode Override: No
  • Lot Size Area: 6646

Rental Info

  • Lease Per Month Year: Year
  • Owner Pays: Gardener
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water, Hot Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2 units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Maplewood Property Management Llc
Bought by
Lim Jin Ki and Lim Eun Ja
Current Estimated Value
$1,468,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,000
Outstanding Balance
$705,909
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$775,934

Purchase Details

Listed on
Jun 17, 2019
Closed on
Oct 3, 2019
Sold by
Lim Jin Ki and Lim Eun Ja
Bought by
Maplewood Property Management Llc
Seller's Agent
Judy Jung Lee
Keller Williams Larchmont
Buyer's Agent
Monica An
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 19, 2019
Sold by
4251 Maplewood Llc
Bought by
Lim Jin Ki and Lim Eun Ja
Seller's Agent
Judy Jung Lee
Keller Williams Larchmont
Buyer's Agent
Monica An
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2017
Closed on
Nov 29, 2017
Sold by
An Sylvia M
Bought by
4521 Maplewood Llc
Seller's Agent
Phillip Um
WILSHIRE REAL ESTATE
Buyer's Agent
Judy Jung Lee
Keller Williams Larchmont
List Price
$979,000
Sold Price
$999,000
Premium/Discount to List
$20,000
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Listed on
Oct 13, 2013
Closed on
Mar 12, 2014
Sold by
Lee Gi Yul
Bought by
An Sylvia M
Seller's Agent
Thomas Lee
Prime Properties & Associates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%
Original Mortgage
$250,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2008
Sold by
Wells Fargo Bank Na
Bought by
Lee Gi Yul and Lee Soon Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2008
Sold by
Gloster Tiffany
Bought by
Wells Fargo Bank Na and Mastr Asset Backed Securities Trust 2005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Sold by
Robertson Jerome
Bought by
Gloster Tiffany

Purchase Details

Closed on
Jan 28, 2004
Sold by
Oneale Sondra A
Bought by
Robertson Jerome

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2000
Sold by
Oneale Sondra A
Bought by
Oneale Sondra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 17, 1999
Sold by
Lapshov Nicholas
Bought by
Oneale Sondra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Interest Rate
7.95%

Purchase Details

Closed on
Nov 15, 1999
Sold by
Akaks Daniel
Bought by
Oneale Sondra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,900
Interest Rate
7.95%

Purchase Details

Closed on
Feb 4, 1998
Sold by
Akaks Daniel
Bought by
Akaks Daniel and Akaks Yassaman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.95%

Purchase Details

Closed on
Dec 15, 1997
Sold by
Wade Harold E
Bought by
Daniel Akaks Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.95%
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
Lim Jin Ki -- Provident Title Company
Maplewood Property Management Llc -- Provident Title
Lim Jin Ki $1,150,000 Chicago Title Company
4521 Maplewood Llc $999,000 Provident Title Company
An Sylvia M $540,000 First American Title Company
Lee Gi Yul $460,000 First American Title Ins Co
Wells Fargo Bank Na $450,500 First American Title Ins Co
Gloster Tiffany -- --
Robertson Jerome $430,000 Commonwealth Land Title Co
Oneale Sondra A -- Commonwealth Land Title Co
Oneale Sondra A -- Progressive Title Company
Oneale Sondra A $201,000 Progressive Title Company
Akaks Daniel -- Old Republic Title Company
Daniel Akaks Family Trust $120,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Jin Ki $787,000
Previous Owner Lim Jin Ki $800,000
Previous Owner An Sylvia M $250,000
Previous Owner Lee Gi $346,000
Previous Owner Lee Gi Yul $345,000
Previous Owner Gloster Tiffany $460,000
Previous Owner Robertson Jerome $344,000
Previous Owner Oneale Sondra $25,000
Previous Owner Oneale Sondra A $45,000
Previous Owner Oneale Sondra A $247,000
Previous Owner Oneale Sondra A $40,000
Previous Owner Oneale Sondra A $180,900
Previous Owner Akaks Daniel $164,800
Previous Owner Akaks Daniel $96,000
Closed Robertson Jerome $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $1,150,000 0.0% $570 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $1,150,000 +15.1% $570 / Sq Ft
12/29/2017 12/29/17 Sold $999,000 0.0% $495 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/15/2017 11/15/17 Price Changed $999,000 +2.0% $495 / Sq Ft
11/14/2017 11/14/17 For Sale $979,000 +81.3% $485 / Sq Ft
03/18/2014 03/18/14 Sold $540,000 -6.1% $268 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
10/13/2013 10/13/13 For Sale $575,000 -- $285 / 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 $15,871 $1,315,152 $920,066 $395,086
2024 $15,871 $1,289,366 $902,026 $387,340
2023 $15,568 $1,264,086 $884,340 $379,746
2022 $14,849 $1,239,300 $867,000 $372,300
2021 $14,041 $1,161,913 $870,930 $290,983
2020 $14,185 $1,150,000 $862,000 $288,000
2019 $12,350 $1,018,980 $918,000 $100,980
2018 $12,214 $999,000 $900,000 $99,000
2017 $6,987 $570,370 $359,122 $211,248
2016 $6,817 $559,187 $352,081 $207,106
2015 $6,718 $550,789 $346,793 $203,996
2014 $6,143 $483,225 $378,177 $105,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-478932

The MLS

APN: 5521-009-008