NOT LISTED FOR SALE

Estimated Value: $1,102,013

5 Beds
3 Baths
1,980 Sq Ft
$557/Sq Ft Est. Value

Last Sold December 05, 2017

Last sale price $800,000 $404 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,722/month

10 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Yard
  • Laundry Room

About This Home

As of December 2017

Great income property. this lovely two on the lot, in Los Angeles. Situated in the trendy North of York location. Highland Park the main house is 3 bedroom one bath, formal dining room with laminated flooring. spacious kitchen with wood cabinets, Granite counter tops and ceramic title flooring. an attached consist of one bedroom one bath what use to be originally store with over 324 sqft permitted as bonus room. with it's own address 5417 Range View. the rear unit consist of 612 sqft, one bedroom one bath, with it's own driveway and entrance, address 1539 N Avenue 55. There's plenty of parking as the property has 3 one car garage in the rear, and one two car garage in the from. Don't miss out on this Great income property, close to trendy shops, restaurants, 110 Fwys & public transportation the units will be delivered vacant, Seller is motivated to sell.

Last Agent to Sell the Property

Mercy Monroy

Excellence RE Real Estate, Inc. License #01041725 Listed on: 09/11/2017

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Ann Kim

Peninsula Realty, Inc. License #01194322

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,428 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Back Yard

Parking

  • 5 Car Garage
  • 2 Carport Spaces

Home Design

  • 1,980 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 9
  • Assessor Parcel Number 5479010009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $720
  • Water Sewer Expense $1,128
  • New Taxes Expense $10,125
  • Operating Expense $13,573
  • Gross Income $21,600
  • Net Operating Income $8,027

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,428 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1128.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5479010009
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 404.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 5.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Walkstreet, Yard
  • Lot Size Sq Ft: 6428.00

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1600.00
  • Net Operating Income: 8027.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 13573.00
  • Rent Control: Yes
  • Total Expenses: 13573.00

Tax Info

  • New Taxes Expense: 10125.00
  • Tax Census Tract: 1832.22
  • Tax Lot: 9
  • Tax Tract Number: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Kim Song and Kim Juhyun
Bought by
Kim Song and Kim Juhyun
Current Estimated Value
$1,102,013

Purchase Details

Closed on
Sep 25, 2017
Sold by
Morales Victor and Morales Martina E
Bought by
Kim Soyoung

Purchase Details

Closed on
Aug 19, 2002
Sold by
Vizcarra Maria G
Bought by
Morales Victor and Morales Martina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2001
Sold by
Alli Family Trust
Bought by
Alli Mirza and The Alli Family

Purchase Details

Closed on
Nov 9, 2000
Sold by
Shaw John
Bought by
Shaw Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,255
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2000
Sold by
Vizcarra Cesar
Bought by
Vizcarra Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,255
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2000
Sold by
Pampena Joseph and Pampena Marietta
Bought by
Morales Victor and Morales Martina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,255
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1999
Sold by
Pampena Trust and Marietta
Bought by
Pampena Joseph and Pampena Marietta

Purchase Details

Closed on
Jan 14, 1995
Sold by
Pampena Anna E
Bought by
Pampena Anna E and The Pampena Trust
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
Kim Song -- None Available
Kim Song -- None Available
Kim Soyoung $800,000 Orange Coast Title Co Socal
Morales Victor -- Fidelity National Title
Alli Mirza -- --
Shaw Joanna -- Orange Coast Title
Vizcarra Maria G -- Orange Coast Title
Morales Victor $177,000 Orange Coast Title
Pampena Joseph -- --
Pampena Anna E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Victor $225,000
Previous Owner Morales Victor $175,255
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2017 12/05/17 Sold $800,000 -1.2% $404 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $810,000 -- $409 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,101 $910,259 $682,696 $227,563
2024 $11,101 $892,411 $669,310 $223,101
2023 $10,889 $874,914 $656,187 $218,727
2022 $10,386 $857,760 $643,321 $214,439
2021 $10,257 $840,942 $630,707 $210,235
2019 $9,952 $816,000 $612,000 $204,000
2018 $9,825 $800,000 $600,000 $200,000
2017 $3,090 $237,793 $217,848 $19,945
2016 $3,002 $233,131 $213,577 $19,554
2015 $2,961 $229,630 $210,369 $19,261
2014 $2,977 $225,133 $206,249 $18,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17210239

California Regional Multiple Listing Service (CRMLS)

APN: 5479-010-009

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