NOT LISTED FOR SALE

4622 St Charles Place Unit 3 Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,668,000 - $1,917,000

-- Bed
-- Bath
5,396 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $524,000 $97 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $10,298/month

12 Days on Market

About This Home

As of August 2012

DEADLINE FOR OFFERS IS THURSDAY, JULY 12 AT 8 PM. 4 units on approximately 7000 sq ft lot with detached carports. All are 2+1 with individual laundry. Property is on a hill with some city views. Convenient to shopping and public transit. Interior inspection with accepted offer only. Do not disturb tenants. Please allow 2-3 business days for seller response. Listing agent does not guarantee income figures and does not know expenses. Buyer to investigate all aspects of this property including income and expense figures to his/her own satisfaction. Rents listed are from tenant's rental agreements.

Last Agent to Sell the Property

Fred Gottlieb

Open House Realty License #00901068 Listed on: 07/06/2012

Last Buyer's Agent

Fred Gottlieb

Open House Realty License #00901068 Listed on: 07/06/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,229

Year Built

  • Built in 1930

Lot Details

  • 6,998

Parking

  • 4 Car Garage
  • Carport

Home Design

  • 5,396 Sq Ft Home
  • Quadruplex

Additional Features

  • Oven or Range
  • 6,998 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5071-019-037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,229

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5396
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Range/Oven
  • Price Per S Q F T: 111.01

Exterior Features

  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 185620
  • Assessed Land Value: 679737
  • Assessor Parcel Number: 5071-019-037
  • Lot Size Area: 6998

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: 4-plex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2016
Sold by
Lam Chunnie and Lam William
Bought by
Lam Henry and Lam Chunnie
Current Estimated Value
$1,757,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$33,823
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$1,723,177

Purchase Details

Closed on
Dec 1, 2014
Sold by
Finkelman Jay M and Hwang Finkelman Maria
Bought by
Lam Chunnie and Lam William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 6, 2012
Closed on
Aug 10, 2012
Sold by
Bank Of America Na
Bought by
Finkelman Jay M and Finkelman Marie Hwang
Seller's Agent
Fred Gottlieb
Open House Realty
Buyer's Agent
Fred Gottlieb
Open House Realty
List Price
$599,000
Sold Price
$524,000
Premium/Discount to List
-$75,000
-12.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Jul 26, 2011
Sold by
Jang Yea Sook
Bought by
Bank Of America N A

Purchase Details

Closed on
Jan 31, 2007
Sold by
Moon Robert G
Bought by
Jang Yea Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 27, 2005
Sold by
Moon Sue C S
Bought by
Moon Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2000
Sold by
Moon Sue C S
Bought by
Moon Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
8.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lam Henry -- Western Resources Title Co
Lam Chunnie -- Fidelity National Title Co
Finkelman Jay M $524,000 Landsafe Title Of Ca Inc
Bank Of America N A $495,000 Landsafe Title
Jang Yea Sook $827,500 First American Title Co
Moon Robert G -- Stewart Title
Moon Robert G -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Henry $250,000
Closed Lam Chunnie $250,000
Previous Owner Jang Yea Sook $650,000
Previous Owner Moon Robert G $400,000
Previous Owner Moon Robert G $178,000
Closed Moon Robert G $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $524,000 -12.5% $97 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $599,000 -- $111 / 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 $12,229 $975,931 $721,106 $254,825
2024 $12,229 $956,796 $706,967 $249,829
2023 $12,004 $938,036 $693,105 $244,931
2022 $11,467 $919,644 $679,515 $240,129
2021 $11,301 $901,613 $666,192 $235,421
2019 $10,973 $874,874 $646,434 $228,440
2018 $10,802 $857,720 $633,759 $223,961
2016 $10,288 $824,415 $609,150 $215,265
2015 $10,142 $812,032 $600,000 $212,032
2014 $6,910 $526,378 $263,189 $263,189
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2012

    Fred Gottlieb

    Open House Realty

    (323) 836-3784

    5 Total Sales

    Fred Gottlieb
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Map

Source: The MLS

MLS Number: 12-611093

The MLS

APN: 5071-019-037

California Los Angeles County Los Angeles 90019 Mid-City

4622 St Charles Place Unit 3, Los Angeles, CA

Not Listed for Sale

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