NOT LISTED FOR SALE

Estimated Value: $913,000 - $1,140,000

4 Beds
3 Baths
2,075 Sq Ft
$514/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $645,000 $311 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,427/month

8 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Mountain View
  • Slab Porch or Patio
  • Lincoln High School Rated A-
  • Bathtub with Shower
  • 4-minute walk to Cypress Park

About This Home

As of April 2016

Great investment potential! Mid-century duplex centrally located near Downtown LA, Glendale, Pasadena, and Hollywood with easy access to the 110 and 5 freeways. Upstairs unit offers stunning mountain views. Both units have a laundry room with washer & dryer hookups. A separate entrance from the back patio leads to the bonus basement / storage with a full bath. Photos show upstairs unit and basement. Downstairs unit has similar floor plan. Property is sold in "as is" condition without representation or warranty as to condition.

Last Agent to Sell the Property

Chana Firestone

Compass License #01939330 Listed on: 03/17/2016

Compass

Last Buyer's Agent

Richard Wilkinson

Compass License #01812487

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 2,632 Sq Ft Lot
  • East Facing Home

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Fixer Upper
  • Stucco

Interior Spaces

  • 2,075 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Tile Countertops
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5453-016-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

2,632 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 2075
  • Probate: No
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl Tile
  • Bedrooms: 4
  • Bathroom Features: Shower Over Tub
  • Kitchen Features: Tile Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Electric Dryer Hookup
  • Price Per S Q F T: 288.19

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Patio: Concrete Slab
  • Paved: Yes
  • Pool: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway - Concrete, Driveway Gate
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System

Lot Info

  • Assessed Improvement Value: 105056
  • Assessed Land Value: 50484
  • Total Assessed Value: 155540
  • Assessor Parcel Number: 5453-016-027
  • Geocode Override: No
  • Lot Size Area: 2632

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Welch Harriet M
Bought by
Mlr Capital Projects Llc
Current Estimated Value
$1,066,105

Purchase Details

Listed on
Mar 17, 2016
Closed on
Mar 30, 2016
Sold by
Choy Chiu Tung and Chiu Tung Choy Family Trust
Bought by
Welch Harriet M
Seller's Agent
Chana Firestone
Compass
Buyer's Agent
Richard Wilkinson
Compass
List Price
$598,000
Sold Price
$645,000
Premium/Discount to List
$47,000
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$462,500
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2007
Sold by
Choy Chiu Tung
Bought by
Choy Chiu Tung and Chiu Tung Choy Family Trust

Purchase Details

Closed on
Jul 12, 2001
Sold by
Choy Sau Fong Lau and Sau Fong Lau Choy 1997 Trust
Bought by
Choy Chiu Tung and Choy Sau Fong Lau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.21%

Purchase Details

Closed on
Mar 5, 1997
Sold by
Choy Chiu T
Bought by
Choy Chiu Tung and Toy Tommy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mlr Capital Projects Llc -- None Available
Welch Harriet M $645,000 Equity Title Company
Choy Chiu Tung -- None Available
Choy Chiu Tung -- Investors Title Company
Choy Chiu Tung -- --
Choy Sau Fong Lau -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welch Harriet M $462,500
Previous Owner Choy Chiu Tung $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $645,000 +7.9% $311 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $598,000 -- $288 / Sq Ft
Source: The MLS

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 $9,222 $763,542 $532,705 $230,837
2024 $9,222 $748,571 $522,260 $226,311
2023 $9,044 $733,894 $512,020 $221,874
2022 $8,621 $719,505 $501,981 $217,524
2021 $8,510 $705,398 $492,139 $213,259
2020 $8,595 $698,166 $487,093 $211,073
2019 $8,254 $684,478 $477,543 $206,935
2018 $8,207 $671,058 $468,180 $202,878
2016 $2,028 $157,911 $51,253 $106,658
2015 $2,000 $155,540 $50,484 $105,056
2014 $2,018 $152,495 $49,496 $102,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-106964

The MLS

APN: 5453-016-027

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