NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,098,639

5 Beds
3 Baths
2,138 Sq Ft
$478/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $879,000 $411 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,523/month

15 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • 2 Car Attached Garage
  • Contemporary Architecture
  • Granite Countertops
  • Living Room

About This Home

As of January 2022

Immaculate duplex with 3 BED 2 BATH Upper unit and 2 bed 1 bath unit lower unit with attached 2 car garage. Both units features tile and laminate flooring, granite counter tops in Kitchen and Bathrooms. Laundry hook ups. Large gated parking spaces in a large corner lot that can fit up to 8 cars. In a great Hide Park area walking distance to the public transportation, schools, and shopping mall few blocks from Home Depot. Great income property with Section 8 tenants paying high Section 8 rents. Clear Channel also pays $75/month for billboard advertisement. Viewing by appointment only with showing agent. Both units are tenant occupied. Note all utilities electricity, water, sewer and gas are spearately metered and billed to the tenants. Owner pays no utility bill. Please do not disturb tenants. Sale subject to 1031 exchange by the owner.

Last Agent to Sell the Property

Satoshi Kawamura

Keller Williams Beverly Hills License #00690166 Listed on: 11/02/2021

Co-Listed By

Daniel Howard

Compass License #01880426

Last Buyer's Agent

Grace Kuh

Summit Pro Realty License #01425392

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,430

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 7,314 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Landscaped
  • Corner Lot
  • Back Yard

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • 6 Carport Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Clay Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,138 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Oven or Range
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Location

  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Central Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, water
  • The owner pays for gardener
  • Assessor Parcel Number 5005-008-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,430

Year Built

Built in 2001 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: Yes
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2138
  • Lot Acreage: 0.1679
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2001
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Disposal: 2
  • Number Range: 2
  • Flooring: Laminate, Ceramic Tile
  • Bedrooms: 5
  • Common Walls: Attached
  • Bathroom Features: Fiberglass Shower Enclosure
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Gas Dryer Hookup, Hood Fan, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 415.81

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Full Copper Plumbing
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Pool Description: Fenced
  • Pool: Yes
  • Roof: Clay
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 6
  • Garage Spaces: 2
  • Other Spaces: 6
  • Garage Structures: 1
  • Parking Garage: Carport, Attached
  • Total Parking: 8

Utilities

  • Water District: LADWP
  • Water Heater: Central Water Heater, Gas
  • Heating: Wall Gas
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Security: Gated
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 86134
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 172271
  • Total Assessed Value: 258405
  • Assessor Parcel Number: 5005-008-045
  • Lot Description: Fenced, Landscaped, Back Yard
  • Lot Location: City, Corner Lot
  • Lot Size Area: 7314

Rental Info

  • Number Leased: 2
  • Total Actual Rent: 54204.00
  • Land Lease Type: Fee
  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.40
  • Number Of Units: 2
  • Total Annual Expense: 6160
  • Type Of Units: Duplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Progressive Equities Llc
Bought by
Choe Nan Chu
Current Estimated Value
$1,022,160

Purchase Details

Closed on
Oct 11, 2018
Sold by
Choe Nanchu
Bought by
Kawamura Steve

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
Outstanding Balance
$228,136
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$757,539

Purchase Details

Closed on
Oct 21, 2013
Sold by
Progressive Equities Llc
Bought by
Progressive Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2011
Sold by
Kawamura Satoshi and Satoshi Kawamura Trust
Bought by
Progressive Equities Llc

Purchase Details

Closed on
Aug 29, 2011
Sold by
Orellana Manuel and Manuel Orellana Revocable Trus
Bought by
Satoshi Kawamura Trust

Purchase Details

Closed on
Aug 30, 2005
Sold by
Orellana Manuel
Bought by
Orellana Manuel and Manuel Orellana Revocable Trus

Purchase Details

Closed on
Dec 21, 2001
Sold by
Glc Development Llc
Bought by
Orellana Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
11.99%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Hong Jong Pyo
Bought by
Glc Development Llc

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
7%
Mortgage Type
Construction
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
Choe Nan Chu -- Accommodation
Kawamura Steve -- Orange Coast Title Co
Progressive Equities Llc -- Wfg Title Company Of Ca
Progressive Equities Llc -- None Available
Satoshi Kawamura Trust $225,000 Old Republic Title Company
Orellana Manuel -- --
Orellana Manuel $235,000 Southland Title
Glc Development Llc $30,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kawamura Steve $260,000
Closed Progressive Equities Llc $100,000
Previous Owner Orellana Manuel $47,300
Previous Owner Orellana Manuel $440,000
Previous Owner Orellana Manuel $75,000
Previous Owner Orellana Manuel $211,500
Previous Owner Orellana Manuel $211,500
Previous Owner Glc Development Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $879,000 -1.1% $411 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $889,000 -- $416 / 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 $11,430 $932,800 $720,559 $212,241
2024 $11,430 $914,511 $706,431 $208,080
2023 $11,216 $896,580 $692,580 $204,000
2022 $3,565 $266,302 $177,536 $88,766
2021 $3,510 $261,081 $174,055 $87,026
2020 $3,540 $258,405 $172,271 $86,134
2019 $3,414 $253,340 $168,894 $84,446
2018 $3,305 $248,374 $165,583 $82,791
2016 $3,148 $238,731 $159,154 $79,577
2015 $3,106 $235,146 $156,764 $78,382
2014 $3,131 $230,541 $153,694 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-101675

The MLS

APN: 5005-008-045