NOT LISTED FOR SALE

Estimated Value: $820,000 - $1,334,000

6 Beds
4 Baths
2,564 Sq Ft
$417/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $1,100,000 $429 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,799/month

8 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 1-Story Property

About This Home

As of September 2023

Welcome to a newly renovated and remodeled duplex plus ADU in the neighborhood of Hyde Park, Los Angeles. This property consists of two (2) 2 bed/1 bath and a newly built 2 bed/2 bath detached ADU in the back, making it the perfect owner-user opportunity.

All units boast laminate flooring, quartz countertops, A/C, and brand new stainless steel appliances. The duplex includes in-unit washer/dryer and the detached ADU includes a washer/dryer hookup. There are three uncovered parking spots on the property. The units are separately metered for gas and electric.

This is located in a prime location of Los Angeles - less than 3 miles to the Kia Forum and Sofi Stadium, less than 6 miles from LAX and the University of Southern California.

Last Agent to Sell the Property

Lorraine Tan

Lyon Stahl Investment Real Estate, Inc. License #01971639 Listed on: 06/08/2023

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,573

Year Built

  • Built in 1928

Lot Details

  • 5,995 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,564 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 12 / 6
  • Tax Tract Number 5721
  • Assessor Parcel Number 4008023027

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $17,525
  • Gross Income $92,400
  • Net Operating Income $72,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,573

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Price Per Unit: 366667
  • Property Attached: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4008023027
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: East
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 429.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5995.00
  • Lot Size Acres: 0.1376

Multi Family

  • Gross Income: 92400.00
  • Gross Scheduled Income: 92400.00
  • Lot Size Area: 5995.0000 Square Feet
  • Net Operating Income: 72103.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 17525.00
  • Rent Control: Yes
  • Total Expenses: 17525.00

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 2352.01
  • Tax Lot: 12
  • Tax Tract Number: 5721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Tan Paul Bun Tho and Joyce Sugiarto
Bought by
Xu Franklin and Hong Jing
Current Estimated Value
$1,069,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 24, 2022
Sold by
Nellie Jackson Terry Revocable Living Tr
Bought by
Tan Paul Bun Tho and Tan Joyce Sugiarto
Seller's Agent
Larry Lipps
The Service Company Realty
Buyer's Agent
Lorraine Tan
Lyon Stahl Investment Real Estate, Inc.
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Oct 10, 2011
Sold by
Terry Nellie
Bought by
Terry Nellie and Nellie Jackson Terry Revocable Living Tr

Purchase Details

Closed on
Jul 8, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Terry Nellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,350
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2007
Sold by
Moore Bessie
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Oct 31, 2006
Sold by
Dowd Le Roy
Bought by
Moore Bessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
7.42%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 14, 2002
Sold by
Dowd Leroy and Dowd Le Roy
Bought by
Dowd Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage
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
Xu Franklin $1,100,000 Fidelity National Title
Tan Paul Bun Tho $700,000 Fidelity National Title
Terry Nellie -- None Available
Terry Nellie $199,000 Lsi Title Company Ca
Hsbc Bank Usa Na $420,825 None Available
Moore Bessie $590,000 Ortc
Dowd Leroy -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xu Franklin $770,000
Previous Owner Terry Nellie $129,350
Previous Owner Moore Bessie $472,000
Previous Owner Dowd Leroy $200,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $1,100,000 0.0% $429 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $1,100,000 +57.1% $429 / Sq Ft
02/23/2022 02/23/22 Sold $700,000 0.0% $351 / Sq Ft View Prior Sale
01/28/2022 01/28/22 Pending -- -- --
12/31/2021 12/31/21 Price Changed $699,900 -6.7% $351 / Sq Ft
09/07/2021 09/07/21 For Sale $750,000 -- $376 / 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 $13,573 $1,122,000 $739,500 $382,500
2024 $13,573 $1,100,000 $725,000 $375,000
2023 $8,943 $714,000 $561,000 $153,000
2022 $3,199 $242,044 $145,959 $96,085
2021 $3,149 $237,299 $143,098 $94,201
2019 $3,062 $230,262 $138,854 $91,408
2018 $2,959 $225,748 $136,132 $89,616
2016 $2,815 $216,984 $130,847 $86,137
2015 $2,777 $213,726 $128,882 $84,844
2014 $2,801 $209,541 $126,358 $83,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23100477

California Regional Multiple Listing Service (CRMLS)

APN: 4008-023-027