NOT LISTED FOR SALE

Estimated Value: $1,099,000 - $1,995,000

8 Beds
5 Baths
2,448 Sq Ft
$670/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2020

Last sale price $855,000 $349 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $10,536 / mo

About This Home

As of March 2020

***Short Sale***All terms and conditions are subject to lender approval.This is spacious 2 story 4 unit apartment located near to Hollywood. Investors, Business Owners, and prospective owners are attracted to this area to capitalize on the ongoing development.AS IS CONDITION!!! Building is not maintained well, and A lot of Rehab/remodeling Needed!!!

Last Agent to Sell the Property

Woo Jang

Nara Realty & Investment License #01740575 Listed on: 01/04/2019

Last Buyer's Agent

ben kim

JV CRE, Inc. License #01907513

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,119

Parking

  • 4 Car Detached Garage

Interior Spaces

  • 2,448 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • 7,119 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5535-018-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

7,119 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2448
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: 1028
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 326.39

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Electric

Lot Info

  • Assessed Improvement Value: 371362
  • Assessed Land Value: 636623
  • Assessor Parcel Number: 5535-018-016
  • Geocode Override: No
  • Lot Size Area: 7119

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.50
  • Number Of Units: 4
  • Type Of Units: residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Lee Tiffany
Bought by
Lee Darrel
Current Estimated Value
$1,641,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$867,386
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$773,947

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 27, 2020
Sold by
Kim Heung Han
Bought by
Park Elaine
Seller's Agent
Woo Jang
Nara Realty & Investment
Buyer's Agent
ben kim
JV CRE, Inc.
List Price
$799,000
Sold Price
$855,000
Premium/Discount to List
$56,000
7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$599,000
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 30, 2012
Sold by
Lee Darrel
Bought by
Kim Heung Han

Purchase Details

Closed on
Feb 24, 2012
Sold by
Kim Heung H
Bought by
Lee Darrel

Purchase Details

Closed on
Mar 14, 2006
Sold by
Lee Gheel Han
Bought by
Kim Heung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 4, 2003
Sold by
Clone Connection Inc
Bought by
Lee Gheel Han

Purchase Details

Closed on
Jan 14, 2003
Sold by
Davis Christina Heeja
Bought by
Clone Connection Inc

Purchase Details

Closed on
Oct 24, 2002
Sold by
Castaneda Emiliano and Castaneda Rubia
Bought by
Davis Christine Heeja

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
5.88%

Purchase Details

Closed on
May 19, 1995
Sold by
Morris Matthew T
Bought by
Castaneda Emiliano and Castaneda Rubia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,608
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morris Matthew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.21%

Purchase Details

Closed on
Feb 24, 1994
Sold by
Cal Western Reconveyance Corp
Bought by
Federal Home Loan Mortgage Corporation
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
Lee Darrel -- Provident Title
Park Elaine $855,000 Provident Title Company
Kim Heung Han -- None Available
Lee Darrel -- None Available
Kim Heung H $950,000 Chicago Title Co
Lee Gheel Han -- --
Clone Connection Inc $50,000 Chicago Title Co
Davis Christine Heeja $500,000 Chicago Title Co
Castaneda Emiliano $267,000 Investors Title Company
Morris Matthew T $135,000 First American Title Company
Federal Home Loan Mortgage Corporation $225,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Darrel $945,000
Previous Owner Park Elaine $599,000
Previous Owner Kim Heung H $712,500
Previous Owner Davis Christine Heeja $400,000
Previous Owner Castaneda Emiliano $252,608
Previous Owner Morris Matthew T $110,000
Closed Davis Christine Heeja $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $855,000 +7.0% $349 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $799,000 -- $326 / Sq Ft
Source: The MLS

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 $20,369 $1,666,943 $1,298,917 $368,026
2024 $20,369 $1,634,259 $1,273,449 $360,810
2023 $19,979 $1,602,216 $1,248,480 $353,736
2022 $19,056 $1,570,800 $1,224,000 $346,800
2021 $10,855 $863,857 $555,698 $308,159
2020 $13,533 $1,069,679 $675,588 $394,091
2019 $13,007 $1,048,706 $662,342 $386,364
2018 $12,876 $1,028,144 $649,355 $378,789
2016 $12,279 $988,222 $624,141 $364,081
2015 $12,103 $973,379 $614,766 $358,613
2014 $12,161 $954,313 $602,724 $351,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-419760

The MLS

APN: 5535-018-016

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