NOT LISTED FOR SALE

Estimated Value: $644,000 - $1,253,746

1 Bed
1 Bath
1,458 Sq Ft
$680/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $515,000 $353 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,741/month

40 Days on Market

About This Home

As of February 2023

Developer opportunity. Zoned LAR2. Come take a look at these two units with potential to turn to 2bed 1 bath each and a new ADU 2 units behind it. Currently a 1bed 1bath each need some TLC inside architect also offering rendering to turn it into a 4 unit. Located near downtown, LA Live and close to freeway centrally located in the heart of LA.

Last Agent to Sell the Property

Adrian Cafuentes

PAK Home Realty License #01801444 Listed on: 12/06/2022

PAK Home Realty

Last Buyer's Agent

Adrian Cafuentes

PAK Home Realty License #01801444 Listed on: 12/06/2022

PAK Home Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 5,653 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Home Design

  • 1,458 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 5144
  • Assessor Parcel Number 5103011020
  • $8,035 per year additional tax assessments

Community Details

Overview

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5103011020
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 353.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5653.00
  • Lot Size Acres: 0.1298

Multi Family

  • Lot Size Area: 5653.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2294.20
  • Tax Lot: 87
  • Tax Tract Number: 5144
  • TaxOtherAnnualAssessmentAmount: 8035.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Jung Brian K and Choi Jane J
Bought by
Partner Of Hope Llc
Current Estimated Value
$991,937

Purchase Details

Closed on
Oct 25, 2023
Sold by
Salsabil Construction Inc
Bought by
Jung Brian K and Choi Jane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2007
Sold by
Frank Herbert
Bought by
Frank Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Wil Turner Edwin and Willturner Edwin
Bought by
Frank Herbert

Purchase Details

Closed on
Aug 13, 2005
Sold by
Wilturner Derrick and Parks Derrick
Bought by
Frank Herbert

Purchase Details

Closed on
Jan 12, 2005
Sold by
Wilturner Bobbie and Willturner Robert
Bought by
Frank Herbert

Purchase Details

Closed on
May 6, 2004
Sold by
City Of Los Angeles
Bought by
Frank Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2004
Sold by
Wilturner Erick and Willturner Erick
Bought by
Frank Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Heir Buyout Co
Bought by
Frank Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Wilturner Daniel and Willturner Daniel
Bought by
Frank Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Wilturner Cynthia and Willturner Cynthia
Bought by
Frank Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Wilturner Diane and Willturner Diane
Bought by
Frank Herbert

Purchase Details

Closed on
Jan 26, 2004
Sold by
Wilturner Mark and Willturner Mark
Bought by
Frank Herbert

Purchase Details

Closed on
Jan 7, 2004
Sold by
Wilturner Lewis and Willturner Lewis
Bought by
Frank Herbert

Purchase Details

Closed on
Sep 9, 2003
Sold by
Board Of Public Works Of The City Of La
Bought by
The City Of Los Angeles

Purchase Details

Closed on
Mar 6, 1996
Sold by
Johnson Albert
Bought by
Frank Martha
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
Partner Of Hope Llc -- --
Jung Brian K $1,200,000 California Best Title
Frank Herbert -- Gateway Title Company
Frank Herbert -- Accommodation
Frank Herbert -- Accommodation
Frank Herbert -- Accommodation
Frank Martha -- --
Frank Herbert -- Accommodation
Frank Herbert -- United Title Company-La
Frank Herbert -- Accommodation
Frank Herbert -- Accommodation
Frank Herbert -- Accommodation
Frank Herbert -- Accommodation
Frank Herbert -- Accommodation
The City Of Los Angeles -- --
Frank Martha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jung Brian K $840,000
Previous Owner Frank Herbert $115,000
Previous Owner Frank Herbert $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $515,000 -6.4% $353 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $550,000 0.0% $377 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/06/2022 12/06/22 For Sale $550,000 +6.8% $377 / Sq Ft
11/23/2022 11/23/22 Off Market $515,000 -- --
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 $6,643 $1,224,000 $510,000 $714,000
2024 $6,643 $525,300 $408,000 $117,300
2023 $4,256 $333,437 $150,344 $183,093
2022 $11,775 $326,900 $147,397 $179,503
2021 $11,719 $320,491 $144,507 $175,984
2019 $11,602 $310,987 $140,222 $170,765
2018 $11,490 $304,890 $137,473 $167,417
2016 $3,600 $293,053 $132,136 $160,917
2015 $3,548 $288,652 $130,152 $158,500
2014 $3,570 $282,999 $127,603 $155,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22242289

California Regional Multiple Listing Service (CRMLS)

APN: 5103-011-020