NOT LISTED FOR SALE

605 N Hobart Blvd Unit 3 Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $1,126,000 - $1,449,000

4 Beds
3 Baths
2,096 Sq Ft
$644/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $759,000 $362 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $8,101/month

5 Days on Market

About This Home

As of February 2015

The unit is centrally located in a great neighborhood . The lot size is 7,503 and per city code the minimum size per dwelling on a R3 lot is 800 sq ft . this means you could potentially build 9 units ! (Buyer must satisfy themselves with zoning and permit information, neither seller and listing broker will not makes any warranties about what can be build in the lot) All unit will delivered to vacant in March of 2015 .Title show main unit is 2bed 1bath Buyer agent verify all the permit.

Last Agent to Sell the Property

Soon Lee

New Star Realty License #01893168 Listed on: 12/26/2014

New Star Realty

Last Buyer's Agent

Soon Lee

New Star Realty License #01893168 Listed on: 12/26/2014

New Star Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,452

Year Built

  • Built in 1923

Lot Details

  • 7,503 Sq Ft Lot

Home Design

  • 2,096 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Auto Driveway Gate

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5521-004-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,452

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2096
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 362.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 158817
  • Assessed Land Value: 307389
  • Assessor Parcel Number: 5521-004-026
  • Geocode Override: No
  • Lot Size Area: 7503

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.10
  • Number Of Units: 3
  • Type Of Units: INCOME

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2014
Closed on
Feb 11, 2015
Sold by
Lee Jin Ok
Bought by
Lee David S
Seller's Agent
Soon Lee
New Star Realty
Buyer's Agent
Soon Lee
New Star Realty
List Price
$715,000
Sold Price
$759,000
Premium/Discount to List
$44,000
6.15%
Current Estimated Value
$1,349,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,458
Avg. Annual Appreciation
5.52%
Original Mortgage
$379,500
Outstanding Balance
$289,712
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,059,746

Purchase Details

Listed on
Dec 26, 2014
Closed on
Jan 5, 2015
Sold by
Koun Yong Seob
Bought by
Lee David S
Seller's Agent
Soon Lee
New Star Realty
Buyer's Agent
Soon Lee
New Star Realty
List Price
$715,000
Sold Price
$759,000
Premium/Discount to List
$44,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,500
Outstanding Balance
$289,712
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,059,746

Purchase Details

Closed on
Mar 26, 2012
Sold by
Lee Sang H and Lee Myung S
Bought by
Koun Yong Seob and Lyoh Yeong Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,465
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lee David S -- None Available
Lee David S $759,000 Chicago Title Company
Koun Yong Seob $455,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee David S $379,500
Previous Owner Koun Yong Seob $443,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $759,000 +6.2% $362 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
12/26/2014 12/26/14 For Sale $715,000 -- $341 / 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 $12,452 $1,011,366 $638,538 $372,828
2024 $12,452 $991,536 $626,018 $365,518
2023 $12,220 $972,095 $613,744 $358,351
2022 $11,666 $953,035 $601,710 $351,325
2021 $11,515 $934,349 $589,912 $344,437
2019 $11,177 $817,736 $572,416 $245,320
2018 $9,917 $801,703 $561,193 $240,510
2016 $9,481 $770,574 $539,402 $231,172
2015 $5,965 $475,520 $313,530 $161,990
2014 $6,005 $466,206 $307,389 $158,817
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Soon Lee

    New Star Realty

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Map

Source: The MLS

MLS Number: 14-817443

The MLS

APN: 5521-004-026

California Los Angeles County Los Angeles 90004 East Hollywood

605 N Hobart Blvd Unit 3, Los Angeles, CA

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