W
Seller's Agent in 2019
Wenny Ng
HUNTINGTON REALTY GROUP CO.
(626) 288-0289
4 Total Sales
841 Cleveland St Los Angeles, CA 90012
Chinatown NeighborhoodEstimated Value: $1,250,853 - $1,435,000
10
Beds
6
Baths
4,022
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- No HOA
- Park
- Heating System Uses Natural Gas
- Tile Countertops
- Rectangular Lot
About This Home
As of June 2019Great investment opportunity! Well built and easy to maintain units in the heart of Chinatown.
Unit 3 set up for owner's unit with 5 bedrooms and 3 bathrooms, currently divided into 3 sub-units:
Front portion of unit 3 was patio and enclosed, modified without permit, 2 bedrooms and 1 bathroom is currently rented for $609
Middle portion of unit 3 with 2 bedrooms and 1 bathroom is owner's unit, no rent and open for negotiation
Rear portion of unit 3-- Single with 3/4 bathroom is ready to be rented
All 3 sub-units have own entrance.
Units was inspected by LAHD in 2018 and all up to standard
Property subject to City of LA department of building and safety soft-story retrofit, buyer to assume responsibility
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $20,191
Year Built
- Built in 1962
Lot Details
- 4,699 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Home Design
- Flat Roof Shape
Interior Spaces
- 4,022 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Range
- Tile Countertops
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 5
- Tax Tract Number 2
- Assessor Parcel Number 5407009005
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Park
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,232
- Fuel Expense $1,367
- Insurance Expense $2,860
- Maintenance Expense $2,450
- Other Expense $1,338
- Supplies Expense $326
- Trash Expense $292
- Water Sewer Expense $3,647
- New Taxes Expense $3,262
- Operating Expense $17,046
- Gross Income $39,672
- Net Operating Income $22,626
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2022
Sold by
Guo Anna X and Guo Lawrence P
Bought by
High Arc Holdings Llc
Current Estimated Value
Purchase Details
Closed on
May 10, 2021
Sold by
Ho Lawrence P and Luc Ann T
Bought by
Ho Lawrence P and Luc Ann T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 17, 2019
Closed on
Jun 7, 2019
Sold by
Fung Suey Heung and Loo Wallace
Bought by
Ho Lawrence Pokwah and Luc Ann
Seller's Agent
Wenny Ng
HUNTINGTON REALTY GROUP CO.
Buyer's Agent
Wenny Ng
HUNTINGTON REALTY GROUP CO.
List Price
$890,000
Sold Price
$870,000
Premium/Discount to List
-$20,000
-2.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$652,500
Interest Rate
4.1%
Purchase Details
Closed on
Jan 8, 2008
Sold by
Loo Virginia Quan and Loo Virginia
Bought by
Loo Wallace
Purchase Details
Closed on
Oct 14, 2007
Sold by
Fung Suey Heung and Quan Suey Heung
Bought by
Fung Suey Heung and Suey Heung Fung Family Trust
Purchase Details
Closed on
May 27, 2004
Sold by
Lee Guey Ong Ng and Quan Suey Heung
Bought by
Quan Suey Heung
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 |
|---|---|---|---|
| High Arc Holdings Llc | -- | Fidelity National Title | |
| Ho Lawrence P | -- | Fidelity Natl Ttl Orange Cnt | |
| Ho Lawrence Pokwah | $870,000 | Lawyers Title | |
| Loo Wallace | -- | None Available | |
| Fung Suey Heung | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ho Lawrence P | $641,500 | |
| Previous Owner | Ho Lawrence Pokwah | $652,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2019 06/20/19 | Sold | $870,000 | -2.2% | $216 / Sq Ft |
| 04/24/2019 04/24/19 | Pending | -- | -- | -- |
| 04/17/2019 04/17/19 | For Sale | $890,000 | -- | $221 / 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 | $20,191 | $1,248,480 | $749,088 | $499,392 |
| 2024 | $20,191 | $1,636,080 | $981,240 | $654,840 |
| 2023 | $13,702 | $1,095,482 | $617,962 | $477,520 |
| 2022 | $13,072 | $1,074,003 | $605,846 | $468,157 |
| 2021 | $11,060 | $896,593 | $537,956 | $358,637 |
| 2020 | $11,168 | $887,400 | $532,440 | $354,960 |
| 2019 | $3,402 | $245,618 | $97,087 | $148,531 |
| 2018 | $3,297 | $240,803 | $95,184 | $145,619 |
| 2016 | $3,111 | $231,454 | $91,489 | $139,965 |
| 2015 | $3,071 | $227,978 | $90,115 | $137,863 |
| 2014 | $3,106 | $223,513 | $88,350 | $135,163 |
Source: Public Records
Agents Affiliated with this Home
-
Wenny Ng
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS19087445
APN: 5407-009-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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