NOT LISTED FOR SALE

Estimated Value: $2,145,000 - $2,475,000

4 Beds
2 Baths
2,270 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $1,988,000 $876 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $14,165/month

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Neighborhood Views

About This Home

As of April 2023

On the market for the first time in 42 years. A rare opportunity to own a classic 1920’s Mediterranean home in the prestigious community of Brookside/Hancock Park. The property features 4 bedrooms, 2 bathrooms, living area of 2,270 sqft on an 8,406 sqft lot. A very private backyard surrounded by lush greenery and lawn for entertaining.

Last Agent to Sell the Property

Joanne Jen

Hopeway Realty Group Corporation License #01992081 Listed on: 03/30/2023

Last Buyer's Agent

Joanne Jen

Hopeway Realty Group Corporation License #01992081 Listed on: 03/30/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,690

Year Built

  • Built in 1922

Lot Details

  • 8,406 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 3912
  • Assessor Parcel Number 5090005008
  • $365 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,690

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5090005008
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2270.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 875.77
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 8406.00
  • Lot Size Acres: 0.1930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8406.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2161.00
  • Tax Lot: 85
  • Tax Tract Number: 3912
  • TaxOtherAnnualAssessmentAmount: 364.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Jun 6, 2023
Sold by
Charles And Susan Tung Family Trust
Bought by
Kwon Family Trust
Seller's Agent
Joanne Jen
Hopeway Realty Group Corporation
Buyer's Agent
Joanne Jen
Hopeway Realty Group Corporation
List Price
$2,200,000
Sold Price
$1,988,000
Premium/Discount to List
-$212,000
-9.64%
Views
4
Current Estimated Value
$2,312,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,918
Avg. Annual Appreciation
6.19%

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 3, 2023
Sold by
Tung Charles H and Tung Hsueh-E
Bought by
Kwon Family Trust and Kwon
Seller's Agent
Joanne Jen
Hopeway Realty Group Corporation
Buyer's Agent
Joanne Jen
Hopeway Realty Group Corporation
List Price
$2,200,000
Sold Price
$1,988,000
Premium/Discount to List
-$212,000
-9.64%
Views
4

Purchase Details

Closed on
Nov 19, 2021
Sold by
Tung Charles H and Tung Hsueh-E
Bought by
Tung Charles H and Tung Hsueh-E

Purchase Details

Closed on
Aug 22, 2013
Sold by
Tung Charles H
Bought by
Tung Charles E and Tung Hsueh E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1999
Sold by
Tung Charles H and Tung Hsueh E
Bought by
Tung Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
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
Kwon Family Trust -- Lawyers Title
Kwon Family Trust $1,988,000 Lawyers Title Company
Tung Charles H -- Provident Title
Tung Charles E -- North American Title Company
Tung Charles H -- --
Tung Charles H -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tung Charles E $303,000
Previous Owner Tung Charles H $210,000
Closed Tung Charles H $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $1,988,000 -9.6% $876 / Sq Ft
03/30/2023 03/30/23 For Sale $2,200,000 -- $969 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
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 $24,690 $2,068,315 $1,654,652 $413,663
2024 $24,690 $2,027,760 $1,622,208 $405,552
2023 $3,914 $302,806 $166,464 $136,342
2022 $3,743 $296,869 $163,200 $133,669
2021 $3,683 $291,049 $160,000 $131,049
2019 $3,576 $282,418 $155,255 $127,163
2018 $3,525 $276,881 $152,211 $124,670
2016 $3,352 $266,131 $146,301 $119,830
2015 $3,304 $262,135 $144,104 $118,031
2014 $3,324 $257,001 $141,282 $115,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23046666

California Regional Multiple Listing Service (CRMLS)

APN: 5090-005-008