NOT LISTED FOR SALE

Estimated Value: $633,000 - $673,000

3 Beds
2 Baths
1,296 Sq Ft
$501/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $400,000 $309 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,077/month

24 Days on Market

Highlights

  • Bonus Room
  • Home Security System
  • Jack-and-Jill Bathroom
  • No HOA
  • Formal Entry
  • Tile Flooring

About This Home

As of January 2018

What a package!!! Amazing income-producing opportunity in a great location for a duplex located just 1.8 miles from USC and the heart of Los Angeles. Two separate detached houses on one lot. Each house has its own separate water, gas and electric meters. This property consists of a specious 3 bedrooms and 1 bath home in the front (shows as 2 bedroom on title) and a large 1 bedroom home in the back with an open concept kitchen to the living room and full bath as well as a back patio. Plus 2 bonus rooms that are great for storage and a long driveway with plenty of extra parking space.

Last Agent to Sell the Property

Fernando Arizaga

Arizaga Real Estate, Inc. License #01927115 Listed on: 10/05/2017

Last Buyer's Agent

Fernando Arizaga

Arizaga Real Estate, Inc. License #01927115 Listed on: 10/05/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,541

Year Built

  • Built in 1922

Lot Details

  • 3,864 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room
  • Bonus Room
  • Tile Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Additional Features

  • Urban Location
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Assessor Parcel Number 5115004010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Water Sewer Expense $1,800
  • New Taxes Expense $4,000
  • Operating Expense $7,300
  • Gross Income $27,600
  • Net Operating Income $23,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,541

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5115004010
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 308.64
  • Room Type: All Bedrooms Down, Bonus Room, Family Room, Formal Entry, Jack & Jill, Kitchen

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • Exterior Features: Lighting
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Laundry: No
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property, Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Level with Street
  • Lot Size Sq Ft: 3864.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 23500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4100.00
  • Rent Control: Yes
  • Total Actual Rent: 2300.00
  • Total Expenses: 7300.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Census Tract: 2283.20
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2025
Sold by
Sung Dasle
Bought by
Dasle Sung Revocable Trust and Sung
Current Estimated Value
$654,584

Purchase Details

Closed on
Oct 31, 2017
Sold by
Perez Jose Manuel Lepe
Bought by
Sung Dasle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2002
Sold by
Perez Jose Manuel Lepe and Lepe Emilia Dejesus
Bought by
Perez Jose Manuel Lepe
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
Dasle Sung Revocable Trust -- None Listed On Document
Sung Dasle $400,000 First American Title Company
Perez Jose Manuel Lepe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sung Dasle $309,000
Previous Owner Sung Dasle $320,000
Previous Owner Lepe Jose Manuel $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $400,000 0.0% $309 / Sq Ft
10/05/2017 10/05/17 For Sale $399,950 -- $309 / 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 $5,541 $455,127 $375,481 $79,646
2024 $5,541 $446,204 $368,119 $78,085
2023 $5,435 $437,455 $360,901 $76,554
2022 $5,183 $428,878 $353,825 $75,053
2021 $5,116 $420,470 $346,888 $73,582
2020 $5,164 $416,160 $343,332 $72,828
2019 $4,963 $408,000 $336,600 $71,400
2018 $724 $51,672 $24,763 $26,909
2016 $675 $49,667 $23,802 $25,865
2015 $666 $48,922 $23,445 $25,477
2014 $681 $47,964 $22,986 $24,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17229249

California Regional Multiple Listing Service (CRMLS)

APN: 5115-004-010