NOT LISTED FOR SALE

Estimated Value: $1,374,000 - $1,869,000

12 Beds
5 Baths
3,901 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $1,455,000 $373 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,825/month

44 Days on Market

Highlights

  • 4,883 Acre Lot
  • Tile Flooring
  • Block Wall Fence
  • Laundry Room
  • Forced Air Heating System

About This Home

As of August 2022

This is a big opportunity for investor in desirable location with 4 units mix of one 2 bedrooms/1 bath, two 3 bedrooms/1 bath and one 4 bedrooms/ 2 bath. Well maintained roof, plumbing, inside & outside interior, 2 parking spaces per unit. Mid-century style with fireplaces. Conveniently close to downtown LA, K-town, freeways, transportation, schools and shopping. No vacancies in the last 10 years. Do not disturb tenants or walk on property, please. Sold in As-Is condition. Call listing agent for more information.

Last Agent to Sell the Property

Annie Choi

New Star Realty & Investment License #01318228 Listed on: 07/01/2022

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025

Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,345

Year Built

  • Built in 1965

Lot Details

  • 4,883 Acre Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Property Attached
  • Interior Block Wall
  • Slate Roof

Interior Spaces

  • 3,901 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room with Fireplace
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 27
  • Tax Tract Number 633
  • Assessor Parcel Number 5067010038
  • $508 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $2,605
  • Maintenance Expense $3,500
  • Water Sewer Expense $4,800
  • New Taxes Expense $12,353
  • Operating Expense $24,458
  • Gross Income $82,380
  • Net Operating Income $70,000

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,345

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 4800.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5067010038
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 372.98
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Slate
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Forced Air, Radiant
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 212703480.00
  • Lot Size Acres: 4883.0000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1200.00
  • Gross Operating Income: 82380.00
  • Gross Scheduled Income: 82260.00
  • Insurance Expense: 2605.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4883.0000 Acres
  • Maintenance Expense: 3500.00
  • Net Operating Income: 70000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12200.00
  • Rent Control: Yes
  • Total Actual Rent: 6865.00
  • Total Expenses: 24458.00

Tax Info

  • New Taxes Expense: 12353.00
  • Tax Census Tract: 2182.10
  • Tax Lot: 27
  • Tax Tract Number: 633
  • TaxOtherAnnualAssessmentAmount: 508.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
S & E Property Llc
Bought by
S & E 26 Property Llc
Current Estimated Value
$1,570,920

Purchase Details

Closed on
Feb 16, 2023
Sold by
Korouri Matt Y and Korouri Mehri
Bought by
S & E Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 17, 2022
Sold by
Chung Jae S
Bought by
S & E 26 Property Llc
Seller's Agent
Annie Choi
New Star Realty & Investment
Buyer's Agent
Shawn Mehrannia
Home Team Realty
List Price
$1,490,000
Sold Price
$1,455,000
Premium/Discount to List
-$35,000
-2.35%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$890,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 12, 2017
Sold by
Chung Hwal L
Bought by
Chung Jae S
Seller's Agent
Michael Healy
No Firm Affiliation
Buyer's Agent
Annie Choi
New Star Realty & Investment
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$630,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 11, 2017
Sold by
Roman Baths Llc
Bought by
Chung Jae S and Chung Esther
Seller's Agent
Michael Healy
No Firm Affiliation
Buyer's Agent
Annie Choi
New Star Realty & Investment
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2015
Closed on
May 27, 2015
Sold by
Barrera Jorge A
Bought by
Vargas Gloria Amanda
Seller's Agent
Mauricio Sanchez
RE/MAX TIME REALTY
Buyer's Agent
Michael Healy
No Firm Affiliation
List Price
$999,995
Sold Price
$850,000
Premium/Discount to List
-$149,995
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Vargas Gloria Amanda
Bought by
Roman Paul and Roman Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2008
Sold by
Vargas Gloria Amanda
Bought by
Vargas Gloria Amanda and Gloria Amanda Vargas Revocable Trust

Purchase Details

Closed on
Oct 18, 2006
Sold by
Vargas Maria Del Carmen
Bought by
Vargas Gloria Amanda

Purchase Details

Closed on
Aug 26, 2004
Sold by
Lazaro David and Morales Martha E
Bought by
Vargas Maria Delcarmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Lazaro David
Bought by
Lazaro David

Purchase Details

Closed on
Dec 21, 2002
Sold by
Alamitos Properties Inc
Bought by
Lazaro David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.96%

Purchase Details

Closed on
Aug 2, 2002
Sold by
Beneficial California Inc
Bought by
Alamitos Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.52%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2002
Sold by
Sanchez Felix and Mason Frank
Bought by
Beneficial California Inc

Purchase Details

Closed on
Jul 11, 2000
Sold by
Hud
Bought by
Sanchez Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.86%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Dec 3, 1996
Sold by
Quintero Martha and Salcedo Benito
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Nov 6, 1995
Sold by
Prado Eisquio
Bought by
Quintero Martha and Salcedo Benito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,897
Interest Rate
7.38%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 1995
Sold by
Guzman Eduardo M and Guzman Diane L
Bought by
Prado Esiquio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,897
Interest Rate
7.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
S & E 26 Property Llc -- None Listed On Document
S & E Property Llc -- Accommodation/Courtesy Recordi
Korouri Matt Y -- Lawyers Title
S & E 26 Property Llc $1,455,000 None Listed On Document
Chung Jae S -- Provident Title Company
Chung Jae S $940,000 Provident Title Company
Vargas Gloria Amanda -- Fidelity Natl Title Co Ie
Roman Paul $849,000 None Available
Roman Baths Llc -- Lawyers Title Company
Vargas Gloria Amanda -- None Available
Vargas Gloria Amanda -- None Available
Vargas Gloria Amanda -- None Available
Vargas Maria Delcarmen $710,000 Southland Title
Lazaro David -- --
Lazaro David $450,000 Southland Title
Alamitos Properties Inc $267,000 Lawyers Title
Beneficial California Inc $275,834 Fidelity National Title
Sanchez Felix $220,500 Gateway Title Company
Hud -- First American
Norwest Mtg Inc $323,325 First American Title Ins Co
Quintero Martha $310,000 First Southwestern Title Co
Prado Esiquio $21,500 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korouri Matt Y $905,000
Previous Owner S & E 26 Property Llc $890,000
Previous Owner Chung Jae S $630,000
Previous Owner Roman Baths Llc $350,000
Previous Owner Vargas Maria Delcarmen $568,000
Previous Owner Lazaro David $405,000
Previous Owner Alamitos Properties Inc $263,000
Previous Owner Sanchez Felix $260,000
Previous Owner Quintero Martha $295,897
Previous Owner Prado Esiquio $193,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2022 08/25/22 Sold $1,455,000 -2.3% $373 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $1,490,000 +58.5% $382 / Sq Ft
06/26/2017 06/26/17 Sold $940,000 -5.5% $240 / Sq Ft View Prior Sale
05/10/2017 05/10/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $995,000 +17.1% $254 / Sq Ft
07/25/2015 07/25/15 Sold $850,000 -15.0% $217 / Sq Ft View Prior Sale
02/27/2015 02/27/15 Pending -- -- --
05/13/2014 05/13/14 For Sale $999,995 -- $256 / 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 $18,345 $1,513,782 $759,492 $754,290
2024 $18,345 $1,484,100 $744,600 $739,500
2023 $17,996 $1,455,000 $1,000,000 $455,000
2022 $12,523 $1,028,024 $984,280 $43,744
2021 $12,353 $1,007,868 $964,981 $42,887
2019 $11,988 $977,976 $936,360 $41,616
2018 $11,880 $958,800 $918,000 $40,800
2016 $10,473 $849,000 $600,000 $249,000
2015 $10,170 $823,460 $637,893 $185,567
2014 $10,224 $807,330 $625,398 $181,932
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22143364

California Regional Multiple Listing Service (CRMLS)

APN: 5067-010-038