NOT LISTED FOR SALE

532 N Mott St Los Angeles, CA 90033

Estimated Value: $938,000 - $1,097,000

10 Beds
4 Baths
3,649 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $545,000 $149 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,152/month

11 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • No HOA
  • Paved or Partially Paved Lot
  • James A. Garfield Senior High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of July 2015

Location Location - 4 UNITS on large lot with plenty of access to driveway parking. Convenient to both the 10 and 5 freeways, close to the LAC/USC Medical Center & White Memorial Medical Center. Two separated buildings with two units on each, 4 Bedrooms, 1 bath, 1 Bedroom, 1 bath in one unit. 3 Bedrooms, 1 bath and 2 Bedrooms, 1 bath in the other, Each rental pays all of their own utilities on separate meters. Property is in good condition. Walk to public transportation, easy access to shopping centers and close to downtown L.A.!!!

Last Agent to Sell the Property

Michelle Bragg

No Firm Affiliation License #01309312 Listed on: 04/27/2015

No Firm Affiliation

Last Buyer's Agent

Morgan Kwong

MANREALTY.COM License #01799887

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,035

Year Built

  • Built in 1903

Lot Details

  • 5,645 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,649 Sq Ft Home
  • Gas Fireplace

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 001
  • Assessor Parcel Number 5177025001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,450
  • Water Sewer Expense $3,300
  • New Taxes Expense $2,529
  • Gross Income $4,850
  • Net Operating Income $48,684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,035

Year Built

Built in 1903

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 6614064429
  • Other Phone Number: 6614064429
  • Property Attached: Yes
  • Water Sewer Expenses: 3300.00
  • Property Type: Residential Income
  • Parcel Number: 5177025001
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Gas, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 149.36

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 5645.00
  • Price Per Lot Square Foot: 96.55
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 4850.00
  • Gross Scheduled Income: 51684.00
  • Insurance Expense: 2450.00
  • Lot Size Area: 5645.0000 Square Feet
  • Net Operating Income: 48684.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 250.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2529.00
  • Tax Lot: 001
  • Tax Tract Number: C034
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Kook Soo Yeon and Kook Ricky
Bought by
2022 Chan-Kook Family Trust
Current Estimated Value
$1,006,088

Purchase Details

Listed on
Apr 27, 2015
Closed on
May 15, 2015
Sold by
Castilo Jesus and Castillo Maria
Bought by
Kook Soo Yeon and Chan Ricky
Seller's Agent
Michelle Bragg
No Firm Affiliation
Buyer's Agent
Morgan Kwong
MANREALTY.COM
List Price
$549,900
Sold Price
$545,000
Premium/Discount to List
-$4,900
-0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$375,000
Interest Rate
3.83%
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
2022 Chan-Kook Family Trust -- --
Kook Soo Yeon $535,000 Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kook Yeon $343,000
Previous Owner Kook Soo Yeon $375,000
Previous Owner Castillo Jesus $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2015 07/08/15 Sold $545,000 -0.9% $149 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $549,900 -- $151 / 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 $8,035 $633,325 $295,947 $337,378
2024 $8,035 $620,908 $290,145 $330,763
2023 $7,888 $608,734 $284,456 $324,278
2022 $7,534 $596,799 $278,879 $317,920
2021 $7,427 $585,098 $273,411 $311,687
2019 $7,213 $567,746 $265,302 $302,444
2018 $7,094 $556,614 $260,100 $296,514
2016 $6,755 $535,000 $250,000 $285,000
2015 $2,495 $177,556 $69,065 $108,491
2014 -- $174,079 $67,713 $106,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15088525

California Regional Multiple Listing Service (CRMLS)

APN: 5177-025-001