Seller's Agent in 2016
Seth Hamilton
Citivest Realty Services, Inc
(714) 397-6077
1 in this area
27 Total Sales
537 N St Andrews Place Los Angeles, CA 90004
Larchmont NeighborhoodEstimated Value: $1,973,000 - $2,994,309
11
Beds
7
Baths
4,843
Sq Ft
$519/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Contemporary Architecture
- Main Floor Bedroom
- Open Floorplan
- Wood Flooring
- No HOA
About This Home
As of July 2016BACK ON MARKET! BUYER COULDN'T PERFORM DURING AN EXTENDED ESCROW. SELLER IS LOOKING FOR A QUICK CLOSE. New Construction! Modern, Luxury, Turn-Key Fourplex. This fourplex boasts two 3 bed/2 bath townhouse style units, one 3 bed/ 2.5 bath and a 2 bed/ 1.5 bath unit, in two separate townhouse-style buildings. All four units are multi-level with entry at the ground level. They are finished with high quality materials, private laundry rooms, and 5 separate meters, including one for the common area for landlord use. All units include stainless steel kitchen appliances providing the buyer with a turn-key cash flow property.
This property is ideally situated in the mix of all that makes Los Angeles such a strong rental market. Affluent communities such as Larchment Village, Koreatown, Hollywood and Hancock Park all border this location, drawing qualified tenants from each neighborhood. Property is sure to see healthy appreciation with the ongoing revitalization of the neighborhood, attractions, dining and shopping. Certificate of Occupancy has been received making this property ready to be sold. Submit your highest and best as this property is sure to sell quickly.
Last Agent to Sell the Property
Citivest Realty Services, Inc License #01897619 Listed on: 03/03/2016
Last Buyer's Agent
Brian Rho
KNB Premier Investment Capital License #01717244
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,896
Year Built
- Built in 2016 | Newly Remodeled
Lot Details
- 5,118 Sq Ft Lot
- 1 Common Wall
- Landscaped
Parking
- 4 Car Garage
- Parking Available
Home Design
- Contemporary Architecture
- Property Attached
- Asphalt Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 4,843 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Living Room
- Wood Flooring
- Fire and Smoke Detector
- Property Views
Kitchen
- Six Burner Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 11 Bedrooms
- Main Floor Bedroom
- 7 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Rain Gutters
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 449
- Assessor Parcel Number 5522013002
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $918
- Insurance Expense $1,453
- Maintenance Expense $1,600
- Professional Management Expense $720
- New Taxes Expense $22,908
- Gross Income $12,550
- Net Operating Income $116,884
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 19, 2016
Sold by
Back Crystal H and Back Crystal Ha Jeong
Bought by
Back Crystal H and The Crystal H Back Trust
Current Estimated Value
Purchase Details
Listed on
Mar 3, 2016
Closed on
May 16, 2016
Sold by
Lee Eun Shin
Bought by
Back Crystal Ha Jeong
Seller's Agent
Seth Hamilton
Citivest Realty Services, Inc
Buyer's Agent
Brian Rho
KNB Premier Investment Capital
List Price
$1,949,000
Sold Price
$1,925,000
Premium/Discount to List
-$24,000
-1.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$1,155,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2016
Sold by
Saint Andrew Place Solutions Llc
Bought by
Back Crystal Ha Jeong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 16, 2014
Closed on
Nov 13, 2014
Sold by
Payan Arturo and Payan Martha Brenda
Bought by
Saint Andrews Place Solutions Llc
Seller's Agent
Xingjian Chen
Ocean West Investment
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$569,000
Sold Price
$543,000
Premium/Discount to List
-$26,000
-4.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Purchase Details
Closed on
Aug 17, 1994
Sold by
Cha Andrew D and Cha Mina K
Bought by
Payan Arturo and Payan Martha Brenda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.5%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Back Crystal H | -- | None Available | |
| Back Crystal Ha Jeong | -- | First American Title Company | |
| Back Crystal Ha Jeong | $1,925,000 | First American Title Company | |
| Saint Andrews Place Solutions Llc | $543,000 | Old Republic Title Company | |
| Payan Arturo | $185,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Back Crystal H | $1,185,000 | |
| Closed | Back Crystal H | $1,170,000 | |
| Closed | Back Crystal H | $1,165,000 | |
| Previous Owner | Back Crystal Ha Jeong | $1,155,000 | |
| Previous Owner | Payan Arturo | $365,300 | |
| Previous Owner | Payan Arturo | $375,000 | |
| Previous Owner | Payan Arturo | $300,000 | |
| Previous Owner | Payan Arturo | $226,001 | |
| Previous Owner | Payan Arturo | $184,200 | |
| Previous Owner | Payan Arturo | $173,000 | |
| Previous Owner | Payan Arturo | $166,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2016 07/01/16 | Sold | $1,925,000 | -1.2% | $397 / Sq Ft |
| 06/22/2016 06/22/16 | Pending | -- | -- | -- |
| 03/03/2016 03/03/16 | For Sale | $1,949,000 | +258.9% | $402 / Sq Ft |
| 12/31/2014 12/31/14 | Sold | $543,000 | -4.6% | $352 / Sq Ft |
| 11/10/2014 11/10/14 | Pending | -- | -- | -- |
| 10/16/2014 10/16/14 | For Sale | $569,000 | -- | $369 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $26,896 | $2,234,122 | $1,787,299 | $446,823 |
| 2024 | $26,896 | $2,190,316 | $1,752,254 | $438,062 |
| 2023 | $26,378 | $2,147,370 | $1,717,897 | $429,473 |
| 2022 | $25,156 | $2,105,265 | $1,684,213 | $421,052 |
| 2021 | $24,834 | $2,063,987 | $1,651,190 | $412,797 |
| 2019 | $24,090 | $2,002,770 | $1,602,216 | $400,554 |
| 2018 | $23,964 | $1,963,500 | $1,570,800 | $392,700 |
| 2017 | $23,381 | $1,925,000 | $1,540,000 | $385,000 |
| 2016 | $8,678 | $712,705 | $507,625 | $205,080 |
| 2015 | $8,552 | $702,000 | $500,000 | $202,000 |
| 2014 | -- | $253,474 | $202,784 | $50,690 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Hamilton
-
B
Buyer's Agent in 2016
Brian Rho
KNB Premier Investment Capital
-
X
Seller's Agent in 2014
Xingjian Chen
Ocean West Investment
-
NoEmail NoEmail
N
Buyer's Agent in 2014
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,819 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16045257
APN: 5522-013-002
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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