NOT LISTED FOR SALE

Estimated Value: $1,137,000 - $1,498,000

3 Beds
2 Baths
1,828 Sq Ft
$743/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $979,900 $536 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,474/month

65 Days on Market

About This Home

As of April 2020

R3 zoned duplex in the quiet neighborhood of Koreatown. Low maintenance property located centrally adjacent to Hancock Park, near Larchmont Village, close to DTLA, Hollywood, and freeways. One, three bed/two bath unit downstairs and one, one bed/one bath unit upstairs. Equally desirable for investors and homeowners. Drive by only. Please do not trespass the property or disturb occupants.

Last Agent to Sell the Property

Helen Kim

Dream Realty & Investments Inc License #01914413 Listed on: 01/14/2020

Dream Realty & Investments Inc

Last Buyer's Agent

Kathy Lee

Dream Realty & Investments Inc License #01998973

Dream Realty & Investments Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,910

Year Built

  • Built in 1910

Lot Details

  • 5,100

Parking

  • 4 Parking Spaces

Home Design

  • 1,828 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Gas And Electric Dryer Hookup
  • 5,100 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5522-013-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,910

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1828
  • Year Built: 1910
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 536.05

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 4

Utilities

  • Water Expense: 1500.00

Fee Information

  • Other Expense: 1200.00

Lot Info

  • Assessed Improvement Value: 95492
  • Assessed Land Value: 424415
  • Assessor Parcel Number: 5522-013-003
  • Geocode Override: No
  • Lot Size Area: 5100

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.99
  • Number Of Units: 2
  • Total Annual Expense: 14950
  • Type Of Units: 2
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 12250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Sim Chun Pong
Bought by
Pong Sim Chun Living Trust
Current Estimated Value
$1,357,736

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 24, 2020
Sold by
Sun Han Hee
Bought by
Chun Pong Sim
Seller's Agent
Helen Kim
Dream Realty & Investments Inc
Buyer's Agent
Kathy Lee
Dream Realty & Investments Inc
List Price
$979,900
Sold Price
$979,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%

Purchase Details

Listed on
Nov 4, 2012
Closed on
Jan 16, 2013
Sold by
Han Myung Yeon
Bought by
Han Hee Sun
Seller's Agent
JULIE LEE
JL Realty & Management
Buyer's Agent
John Choi
WIN Realty & Properties
List Price
$499,500
Sold Price
$490,000
Premium/Discount to List
-$9,500
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$367,500
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2012
Closed on
Nov 14, 2012
Sold by
Kim Peter Hyeon and Kim Hae Eun
Bought by
Han Hee Un
Seller's Agent
JULIE LEE
JL Realty & Management
Buyer's Agent
John Choi
WIN Realty & Properties
List Price
$499,500
Sold Price
$490,000
Premium/Discount to List
-$9,500
-1.9%

Purchase Details

Listed on
Apr 8, 2011
Closed on
Jan 9, 2012
Sold by
Kim Cha Rang and Kim Jung Soon
Bought by
Kim Peter Hyeon and Kim Hae Eun
Seller's Agent
Edward Park
Wilshire Metro Realty, Inc.
Buyer's Agent
Young Choi
Dream Realty & Investments Inc
List Price
$700,000
Sold Price
$370,000
Premium/Discount to List
-$330,000
-47.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.11%
Original Mortgage
$259,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Kim Jung Soon and Kim Cha Rang
Bought by
Kim Jung Soon

Purchase Details

Closed on
Jul 2, 2007
Sold by
Kim Cha Rang
Bought by
Kim Jung Soon

Purchase Details

Closed on
Mar 25, 2005
Sold by
Kim Cha Rang and Kim Jung Soon
Bought by
Kim Cha Rang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Kim Cha Rang and Kim Jung Soon
Bought by
Kim Cha Rang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 4, 2001
Sold by
Kim Kyung Ja
Bought by
Kim Cha Rang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,200
Interest Rate
6.84%

Purchase Details

Closed on
Oct 18, 1993
Sold by
Kim Hui Ku and Kim Kyung Ja
Bought by
Kim Kyung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.95%
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
Pong Sim Chun Living Trust -- --
Chun Pong Sim $980,000 Provident Title
Han Hee Sun -- Chicago Title Company
Han Hee Un $490,000 Chicago Title Company
Kim Peter Hyeon $370,000 Fidelity National Title
Kim Jung Soon -- None Available
Kim Jung Soon -- None Available
Kim Cha Rang -- --
Kim Cha Rang -- --
Kim Cha Rang $335,000 Chicago Title Co
Kim Kyung Ja -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Han Hee Sun $367,500
Previous Owner Kim Peter Hyeon $259,000
Previous Owner Kim Chan Rang $177,485
Previous Owner Kim Cha Rang $514,000
Previous Owner Kim Cha Rang $250,000
Previous Owner Kim Cha Rang $448,000
Previous Owner Kim Cha Rang $93,000
Previous Owner Kim Cha Rang $20,000
Previous Owner Kim Cha Rang $315,000
Previous Owner Kim Cha Rang $301,200
Previous Owner Kim Kyung Ja $100,000
Previous Owner Kim Kyung Ja $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2020 04/06/20 Sold $979,900 0.0% $536 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $979,900 +100.0% $536 / Sq Ft
12/20/2012 12/20/12 Sold $490,000 -1.9% $268 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
11/04/2012 11/04/12 For Sale $499,500 +35.0% $273 / Sq Ft
02/07/2012 02/07/12 Sold $370,000 -47.1% $202 / Sq Ft
09/17/2011 09/17/11 Pending -- -- --
04/08/2011 04/08/11 For Sale $700,000 -- $383 / 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
2025 $12,910 $1,071,768 $984,280 $87,488
2024 $12,910 $1,050,754 $964,981 $85,773
2023 $12,664 $1,030,152 $946,060 $84,092
2022 $12,078 $1,009,954 $927,510 $82,444
2021 $11,926 $990,152 $909,324 $80,828
2020 $6,909 $551,727 $450,392 $101,335
2019 $6,640 $540,910 $441,561 $99,349
2018 $6,575 $530,304 $432,903 $97,401
2016 $6,280 $509,714 $416,094 $93,620
2015 $6,190 $502,058 $409,844 $92,214
2014 $6,222 $492,224 $401,816 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-543982

The MLS

APN: 5522-013-003