J
Seller's Agent in 2017
Joshua Cohen
Keller Williams South Bay
786 E 41st St Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $754,000 - $1,060,000
4
Beds
4
Baths
2,730
Sq Ft
$332/Sq Ft
Est. Value
About This Home
As of July 2017TERRIFIC INVESTMENT REAL ESTATE OPPORTUNITY WITH POTENTIAL RENTAL UPSIDE OF 20% +/-!!!! All units are one bed/one bath, plus two of the four units have a large “den.” Property features newer exterior paint and updated electrical system. Additionally the property is individually metered for gas/electricity and units have individual water heaters (some units have washer/dryer hookups). Ample amount of parking is available for tenant convenience in the rear of the building (8+ open spaces). Some of the units have been updated/remodeled with vinyl planked flooring, granite countertops, updated cabinetry, tiled bathrooms and more!
Last Agent to Sell the Property
Joshua Cohen
Keller Williams South Bay License #01346713 Listed on: 05/31/2017
Last Buyer's Agent
Myung Seung Shin
Mega Realty License #01857653
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 7,145 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 8 Parking Spaces
Home Design
- 2,730 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 5115001027
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $17,956
- Gross Income $53,001
- Net Operating Income $35,045
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2017
Closed on
Jun 23, 2017
Sold by
Cordero Housing Llc
Bought by
Lee Jieun and Ryu Jae Kyoung
Seller's Agent
Joshua Cohen
Keller Williams South Bay
Buyer's Agent
Myung Seung Shin
Mega Realty
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,971
Avg. Annual Appreciation
4.01%
Original Mortgage
$476,250
Outstanding Balance
$394,942
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$511,029
Purchase Details
Listed on
May 2, 2013
Closed on
Jun 7, 2013
Sold by
U S Bank National Association
Bought by
Cordero Housing Llc
Seller's Agent
Andrew Storey
Andrew Storey
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$242,400
Sold Price
$296,500
Premium/Discount to List
$54,100
22.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.10%
Purchase Details
Closed on
Feb 20, 2010
Sold by
Jimenez Tomas
Bought by
Us Bank National Association
Purchase Details
Closed on
Mar 23, 2006
Sold by
Reyes Moises and Reyes Rosa
Bought by
Jimenez Tomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
8.89%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Jieun | $635,000 | Fidelity National Title Co | |
| Cordero Housing Llc | $296,500 | Landsafe Title | |
| Us Bank National Association | $215,000 | Accommodation | |
| Jimenez Tomas | $550,000 | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Jieun | $476,250 | |
| Previous Owner | Jimenez Tomas | $495,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2017 07/27/17 | Sold | $650,000 | 0.0% | $238 / Sq Ft | |
| 06/16/2017 06/16/17 | Pending | -- | -- | -- | |
| 05/31/2017 05/31/17 | For Sale | $650,000 | +119.2% | $238 / Sq Ft | |
| 06/20/2013 06/20/13 | Sold | $296,500 | +22.3% | $109 / Sq Ft | View Prior Sale |
| 05/09/2013 05/09/13 | Pending | -- | -- | -- | |
| 05/02/2013 05/02/13 | For Sale | $242,400 | -- | $89 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,990 | $722,517 | $466,508 | $256,009 |
| 2024 | $8,990 | $708,351 | $457,361 | $250,990 |
| 2023 | $8,821 | $694,463 | $448,394 | $246,069 |
| 2022 | $8,420 | $680,847 | $439,602 | $241,245 |
| 2021 | $8,309 | $667,498 | $430,983 | $236,515 |
| 2019 | $8,066 | $648,040 | $418,200 | $229,840 |
| 2018 | $7,994 | $635,340 | $410,000 | $225,340 |
| 2016 | $4,031 | $308,428 | $208,047 | $100,381 |
| 2015 | $3,976 | $303,796 | $204,922 | $98,874 |
| 2014 | $4,016 | $297,846 | $200,908 | $96,938 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2017
Myung Seung Shin
RE/MAX
-
A
Seller's Agent in 2013
Andrew Storey
Andrew Storey
-
S
Buyer's Agent in 2013
Subscriber Non
Non-Participant Office
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17121343
APN: 5115-001-027
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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