NOT LISTED FOR SALE

Estimated Value: $1,516,000 - $1,684,514

13 Beds
8 Baths
4,022 Sq Ft
$396/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $1,460,000 $363 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,922/month

Highlights

  • Laundry Room
  • Central Heating
  • 1-Story Property
  • Zero Lot Line

About This Home

As of October 2021

*** Investors Dream *** 100% NEW CONSTRUCTION 2019-NO RENT CONTROL AT ALL: 2-units each with 5 bed 3 baths and 3rd unit is 3 bed and 2 bath for a total of 13 bedrooms & 8 bathrooms combined in a desirable location of LA. Location is ideal, centrally located to all public transportation, USC, Parks, Museums, and major freeways!

Last Agent to Sell the Property

Victor Garcia

REALTY WORLD 5 STAR BROKERS License #01411776 Listed on: 08/31/2021

Last Buyer's Agent

Jeremy Thana

AIE Realty Inc License #01877530

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,751

Year Built

  • Built in 2019

Lot Details

  • 5,720 Sq Ft Lot
  • 1 Common Wall
  • Zero Lot Line

Parking

  • 4 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 4,022 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Urban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 23 / 7
  • Assessor Parcel Number 6020014004
  • $461 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $110,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,751

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 466333
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6020014004
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 363.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 5720.00
  • Lot Size Acres: 0.1313

Multi Family

  • Gross Income: 110400.00
  • Gross Scheduled Income: 110400.00
  • Lot Size Area: 5720.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 9200.00

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 2377.20
  • Tax Lot: 23
  • TaxOtherAnnualAssessmentAmount: 461.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Kwak Samuel and Kwak Manuel
Bought by
Kwak Samuel
Current Estimated Value
$1,593,879

Purchase Details

Closed on
Aug 29, 2019
Sold by
Casa Real Properties Llc
Bought by
Kwak Samuel and Kwak Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,000
Outstanding Balance
$854,796
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$739,083

Purchase Details

Closed on
May 8, 2017
Sold by
Thomas Mark
Bought by
Casa Real Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
4.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kwak Samuel -- None Available
Kwak Samuel $1,220,000 Old Republic Title Company
Casa Real Properties Llc $308,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwak Samuel $976,000
Previous Owner Casa Real Properties Llc $231,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $1,460,000 +4.4% $363 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $1,399,000 -- $348 / 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 $18,751 $1,549,363 $620,806 $928,557
2024 $18,751 $1,518,984 $608,634 $910,350
2023 $18,393 $1,489,200 $596,700 $892,500
2022 $17,544 $1,460,000 $585,000 $875,000
2021 $14,799 $1,216,318 $904,661 $311,657
2020 $15,103 $1,220,000 $900,000 $320,000
2019 $4,042 $320,442 $256,354 $64,088
2018 $3,947 $314,160 $251,328 $62,832
2016 $1,401 $110,162 $56,345 $53,817
2015 $1,382 $108,508 $55,499 $53,009
2014 $1,396 $106,383 $54,412 $51,971
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21192546

California Regional Multiple Listing Service (CRMLS)

APN: 6020-014-004