NOT LISTED FOR SALE

Estimated Value: $612,000 - $1,853,000

3 Beds
1 Bath
1,401 Sq Ft
$851/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $544,000 $388 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,188/month

10 Days on Market

Highlights

  • Corner Lot
  • Lawn
  • Breakfast Area or Nook
  • Granite Countertops
  • No HOA
  • Bathtub with Shower

About This Home

As of June 2022

First time on market in nearly 38 years. Centrally located from Downtown LA the home has always been rented, but has been well maintained by owners. Home is currently rented with long term tenants paying $1,300/month. Please do not disturb tenants. Seller will not relocate tenants or pay for moving costs. This is a single family home and not subject to rent control. However, Buyer to do their own due diligence and become aware of current tenant laws. Home is being sold as is, with current tenant.

Last Agent to Sell the Property

Luis Ruiz

LAR Realty, Inc. License #01295320 Listed on: 06/01/2022

Last Buyer's Agent

Luis Ruiz

LAR Realty, Inc. License #01295320 Listed on: 06/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,130

Year Built

  • Built in 1909

Lot Details

  • 6,147 Sq Ft Lot
  • Lot Dimensions are 44x140
  • Corner Lot
  • Corners Of The Lot Have Been Marked
  • Lawn
  • Property is zoned LAR2

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Window Screens

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 3 Parking Spaces
  • Covered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5109-002-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,130

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Living Room
  • Living Area: 1401
  • Lot Acreage: 0.1411
  • Lot Dimensions: 44x140
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1909
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: Inside, In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 406.14
  • Windows: Screens

Exterior Features

  • Construction: Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Heating: Wall Gas
  • Sewer: In Street
  • Water: Public, Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5109-002-020
  • Lot Description: Yard, Street Concrete, Sidewalks, Single Lot, Lawn, Corners Established
  • Lot Location: Corner Lot
  • Lot Size Area: 6147

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Ocean Development
Bought by
Suh Claudio Sung Chan and Suh Lauren Jihae
Current Estimated Value
$1,191,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2016
Sold by
Mason Ederlinda S
Bought by
Mason Homer and Mason Ederlinda S

Purchase Details

Closed on
Oct 12, 2006
Sold by
Mason Homer and Mason Ederlinda S
Bought by
Mason Ederlinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Suh Claudio Sung Chan $1,850,000 Lawyers Title
Mason Homer -- None Available
Mason Ederlinda S -- Itc Gln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suh Claudio Sung Chan $1,295,000
Previous Owner Ocean Development Inc $1,059,252
Previous Owner Ocean Development Inc $1,052,000
Previous Owner Ocean Development Inc $1,024,000
Previous Owner Mason Ederlinda S $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $544,000 -4.4% $388 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $569,000 -- $406 / 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
2024 $7,130 $565,977 $452,782 $113,195
2023 $6,996 $554,880 $443,904 $110,976
2022 $1,576 $106,494 $60,896 $45,598
2021 $1,551 $104,406 $59,702 $44,704
2019 $1,511 $101,311 $57,932 $43,379
2018 $1,414 $99,326 $56,797 $42,529
2016 $1,339 $95,472 $54,593 $40,879
2015 $1,322 $94,038 $53,773 $40,265
2014 $1,336 $92,197 $52,720 $39,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-163105

The MLS

APN: 5109-002-020