NOT LISTED FOR SALE

Estimated Value: $662,200 - $1,401,000

1 Bed
1 Bath
1,725 Sq Ft
$639/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $720,000 $417 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,860/month

8 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window
  • Main Floor Bedroom
  • No HOA
  • Laundry Room

About This Home

As of September 2016

Charming cottage style three unit property located in the desirable NoHo Arts District with top rental income!! Each unit features their own separate front and rear entrances, refinished hardwood floors and updated kitchens with laundry in each unit. The living rooms feature ceiling fans, smooth ceilings throughout each and window AC units. There is a small breakfast area off of the kitchens. Each unit features updated bathrooms with tub/shower granite tile as well as vanity. There is a linen closet as well as additional closets in the hallways. The bedrooms feature ample closet space and ceiling fans. All units have updated copper pluming and electrical. Each unit comes with their own separate one car garage with garage door. Gated yards with mature landscaping and sprinkler system. Located minutes from the Metro line, restaurants and major freeways. Please do not disturb tenants as they are unaware if sale. Buyer to cooperate with Sellers 1031 with no cost to buyer.

Last Agent to Sell the Property

Joyce Starleaf

Equity Union License #00782682 Listed on: 07/30/2016

Equity Union

Co-Listed By

Alison Tideback

Equity Union License #01334601

Last Buyer's Agent

Joyce Starleaf

Equity Union License #00782682 Listed on: 07/30/2016

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,277

Year Built

  • Built in 1947

Lot Details

  • 6,769 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached
  • Partial Copper Plumbing

Interior Spaces

  • 1,725 Sq Ft Home
  • Ceiling Fan
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 141
  • Tax Tract Number 9054
  • Assessor Parcel Number 2415018025

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Valley

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $852
  • Insurance Expense $1,008
  • Water Sewer Expense $1,345
  • Gross Income $3,982
  • Net Operating Income $44,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,277

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 818-612-0514
  • Other Phone Number: 818-426-4833
  • Property Attached: Yes
  • Water Sewer Expenses: 1345.00
  • Property Type: Residential Income
  • Gardener Expense: 852.00
  • Parcel Number: 2415018025
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters, Copper Plumbing Partial, Pantry
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Price Per Square Foot: 417.39
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Valley

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6769.00
  • Price Per Lot Square Foot: 106.37

Multi Family

  • Gross Income: 3982.00
  • Gross Scheduled Income: 47784.00
  • Insurance Expense: 1008.00
  • Net Operating Income: 44579.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 3205.00
  • Rent Control: Yes
  • Total Actual Rent: 3982.00

Tax Info

  • Tax Lot: 141
  • Tax Tract Number: 9054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2020
Sold by
Yen Matthew Kuo Sheng and Li Ngai Mo
Bought by
Woodwalk Ventures Llc
Current Estimated Value
$1,101,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2020
Sold by
Li Ngai Mo and Woodwalk Ventures Llc
Bought by
Yen Matthew Kuo Sheng and Li Ngai Mo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2016
Sold by
Woodwalk Ventures Llc
Bought by
Li Ngai Mo

Purchase Details

Listed on
Jul 30, 2016
Closed on
Aug 29, 2016
Sold by
First Class Developement Llc
Bought by
Woodwalk Ventures Llc
Seller's Agent
Joyce Starleaf
Equity Union
Buyer's Agent
Joyce Starleaf
Equity Union
List Price
$729,000
Sold Price
$720,000
Premium/Discount to List
-$9,000
-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
4.44%

Purchase Details

Closed on
Aug 22, 2008
Sold by
Tideback Allison
Bought by
First Class Development Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
First Class Developments Llc
Bought by
Tideback Alison

Purchase Details

Closed on
Feb 9, 2006
Sold by
Tideback Alison
Bought by
First Class Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 12, 2005
Sold by
Castaneda Robert
Bought by
Tideback Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2005
Sold by
Roebuck Mary N
Bought by
Tideback Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
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
Woodwalk Ventures Llc -- Fidelity National Title
Yen Matthew Kuo Sheng -- Fidelity National Title Co
Li Ngai Mo $375,000 Wfg Title Company Of Ca
Woodwalk Ventures Llc $720,000 Orange Coast Title Co Socal
First Class Development Llc -- None Available
Tideback Alison -- None Available
Castaneda Robert -- None Available
First Class Developments Llc -- None Available
First Class Developments Llc -- None Available
Tideback Alison -- First Southwestern Of Califo
Tideback Alison $610,000 First Southwestern Of Califo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yen Matthew Kuo Sheng $600,000
Previous Owner Tideback Alison $30,500
Previous Owner Tideback Alison $488,000
Previous Owner Roebuck Ronald H $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $720,000 -1.2% $417 / Sq Ft
08/07/2016 08/07/16 Pending -- -- --
07/30/2016 07/30/16 For Sale $729,000 -- $423 / 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 $10,277 $844,670 $467,250 $377,420
2024 $10,277 $828,109 $458,089 $370,020
2023 $10,080 $811,872 $449,107 $362,765
2022 $9,614 $795,953 $440,301 $355,652
2021 $9,494 $780,347 $431,668 $348,679
2020 $9,589 $772,346 $427,242 $345,104
2019 $9,212 $757,203 $418,865 $338,338
2018 $9,125 $742,356 $410,652 $331,704
2016 $5,759 $465,000 $419,300 $45,700
2015 $5,759 $465,000 $419,300 $45,700
2014 $6,089 $390,000 $351,700 $38,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16167158

California Regional Multiple Listing Service (CRMLS)

APN: 2415-018-025