NOT LISTED FOR SALE

Estimated Value: $1,253,000 - $1,704,002

5 Beds
3 Baths
2,754 Sq Ft
$516/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $500,000 $182 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $8,182/month

49 Days on Market

About This Home

As of September 2013

***STANDARD SALE*** Excellent Opportunity to Purchase a Duplex Income Property in a Wonderful northwest Silverlake/Echo Park Neighborhood! ***Large Square Footage...county records shows 2754 sq ft on a 8102 sq ft Lot! One unit is rented at $1350.00/mth and the second unit at $732.33/ mth for a total of $$2082.33/month...Year After Year of steady income! Each unit will rent for more at current market rents!! Close to Great Schools & Parks!! Excellent freeway access for commuting. Quick Response to all offers. Hurry, will sell fast!*** Sold completely AS-IS; no repairs made by seller at current list price.

Last Agent to Sell the Property

Rick Young

Young Estate Services License #01818513 Listed on: 08/22/2013

Last Buyer's Agent

Ernesto Flores

Re/Max Supreme License #01808435

Re/Max Supreme

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,739

Year Built

  • Built in 1908

Lot Details

  • 8,091 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • 2,754 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 1913
  • Assessor Parcel Number 5542019002

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $2,082

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,739

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5542019002
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 181.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8091.00
  • Lot Size Acres: 0.1860

Multi Family

  • Gross Income: 2082.00
  • Gross Scheduled Income: 24988.00
  • Lot Size Area: 8091.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 1913
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2018
Sold by
Chan Selina
Bought by
Easton Brian A
Current Estimated Value
$1,421,501

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
Outstanding Balance
$599,786
Interest Rate
7.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$821,715

Purchase Details

Closed on
Feb 28, 2018
Sold by
Easton Patrick Anthony and Easton Masako
Bought by
Easton Patrick Anthony and Easton Masako

Purchase Details

Closed on
Oct 10, 2016
Sold by
Easton Brian A and Easton Jason P
Bought by
Easton Patrick A and Easton Masako

Purchase Details

Listed on
Aug 22, 2013
Closed on
Jul 30, 2013
Sold by
Gb Inland Properties Ii Llc
Bought by
Easton Brian A and Easton Jason P
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Ernesto Flores
Re/Max Supreme
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
May 2, 2013
Sold by
Jun Jung Ye
Bought by
Gb Inland Properties Ii Llc

Purchase Details

Closed on
Aug 30, 2006
Sold by
Jun Young Chi
Bought by
Jun Jung Ye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2006
Sold by
Shigaki Alfred M and Shigaki Doris K
Bought by
Jun Jung Ye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Easton Brian A -- Provident Title
Easton Jason P -- Provident Title
Easton Patrick Anthony -- None Available
Easton Patrick A -- None Available
Easton Brian A $500,000 Title 365
Gb Inland Properties Ii Llc $427,500 Accommodation
Jun Jung Ye -- Stewart Title Of Ca Inc
Jun Jung Ye $600,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easton Brian A $650,000
Previous Owner Jun Jung Ye $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $500,000 -16.5% $182 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $599,000 -- $218 / 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
2025 $7,739 $612,921 $429,047 $183,874
2024 $7,739 $600,904 $420,635 $180,269
2023 $7,596 $589,123 $412,388 $176,735
2022 $7,254 $577,572 $404,302 $173,270
2021 $7,156 $566,248 $396,375 $169,873
2020 $7,223 $560,443 $392,311 $168,132
2019 $6,950 $549,455 $384,619 $164,836
2018 $6,766 $538,682 $377,078 $161,604
2016 $6,449 $517,767 $362,437 $155,330
2015 $6,357 $509,990 $356,993 $152,997
2014 $6,388 $500,000 $350,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG13133179

California Regional Multiple Listing Service (CRMLS)

APN: 5542-019-002