NOT LISTED FOR SALE

903 New Depot St Unit 910 Los Angeles, CA 90012

Chinatown Neighborhood

Estimated Value: $673,033 - $679,000

4 Beds
2 Baths
29,411 Sq Ft
0.68 Acres

Last Sold December 13, 2024

Last sale price $670,000 $23 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,090/month

77 Days on Market

Highlights

  • 0.68 Acre Lot
  • End Unit
  • Laundry Room

About This Home

As of December 2024

**Unique Duplex Condos: Live in One, Rent the Other!** ONE UNIT IS VACANT. Discover an exceptional opportunity to own duplex condos in a prime location, offering the perfect blend of investment and residential living. Each unit within this meticulously maintained property features two bedrooms and one bathroom, providing comfortable and modern living spaces. The units have their own PRIVATE laundry. **HOA Inclusions:** Enjoy peace of mind with a comprehensive HOA that covers water, trash, sewer, exterior maintenance, and insurance, making your living experience hassle-free. Pets are welcome, ensuring your furry friends can join you in your new home. **Parking Convenience:** Each unit comes with a dedicated parking spot, providing secure and convenient parking right at your doorstep. **Downtown Los Angeles Proximity:** Situated just minutes away from the vibrant heart of downtown Los Angeles, these condos offer easy access to all the city’s cultural, dining, and entertainment options.**Chinatown Access:** Explore the rich heritage and bustling markets of nearby Chinatown, offering an array of unique shopping and dining experiences.**Future Growth:** Benefit from the upcoming 1111 Sunset Blvd. revitalization community plan, poised to enhance the neighborhood with new amenities, green spaces, and modern infrastructure.**Flexible Living:** Live in one unit while renting out the other, creating a versatile investment that can adapt to your needs.**Low HOA Fees:** Enjoy the advantage of low HOA fees, maximizing your return on investment and reducing overall expenses.This unique duplex condo opportunity is perfect for those looking to invest in a growing area while enjoying the convenience and excitement of urban living. Don't miss your chance to own a piece of prime Los Angeles real estate that combines modern comforts with unbeatable location and investment potential.

Last Agent to Sell the Property

Jimmy Mercado

NEXT Brokerage Brokerage Phone: 626-234-7821 License #01385375 Listed on: 07/01/2024

Last Buyer's Agent

Yvonne Regis

Khorr Realty License #01817942

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 29,411 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31867
  • Assessor Parcel Number 5406028026
  • $198 per year additional tax assessments

Community Details

Overview

  • 6 Buildings
  • 2 Units
  • Cathay Village Association, Phone Number (323) 578-7701

Building Details

  • Rent Control

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,994

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 324500
  • Property Attached: Yes
  • Zoning: LAR4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5406028026
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Gound Floor
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 22.78
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 294.00
  • Association Name: Cathay Village
  • Phone: 3235787701
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 29414.00
  • Lot Size Acres: 0.6753

Multi Family

  • Lot Size Area: 29414.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1977.00
  • Tax Lot: 1
  • Tax Tract Number: 31867
  • TaxOtherAnnualAssessmentAmount: 198.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Dec 5, 2024
Sold by
Lucas Michael A
Bought by
Arbet Karen Marseille
Seller's Agent
Jimmy Mercado
NEXT Brokerage
Buyer's Agent
Yvonne Regis
Khorr Realty
List Price
$649,000
Sold Price
$670,000
Premium/Discount to List
$21,000
3.24%
Total Days on Market
77
Views
9
Current Estimated Value
$676,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,508
Avg. Annual Appreciation
2.12%
Original Mortgage
$649,900
Outstanding Balance
$647,630
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$28,878

Purchase Details

Closed on
Mar 18, 2015
Sold by
Ng John S
Bought by
Lucas Michael A

Purchase Details

Closed on
Jan 28, 2002
Sold by
Crowther Steven L
Bought by
Crowther Sharon Lew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.94%

Purchase Details

Closed on
Jan 9, 2002
Sold by
Crowther Sharon Lew and Lew Sharon
Bought by
Ng John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.94%
Source: Public Records

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Range of Values:

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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
Arbet Karen Marseille $670,000 Ticor Title Company Of Califor
Arbet Karen Marseille $670,000 Ticor Title Company Of Califor
Lucas Michael A -- Ticor Title Company Of Califor
Lucas Alcindo -- Ticor Title Company Of Califor
Lucas Michael A $410,000 Lawyers Title
Crowther Sharon Lew -- First American Title Co
Ng John S $140,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbet Karen Marseille $649,900
Closed Arbet Karen Marseille $649,900
Previous Owner Lucas Michael A $300,000
Previous Owner Ng John Si $75,000
Previous Owner Ng John S $113,000
Previous Owner Ng John S $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $670,000 +3.2% $23 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/15/2024 09/15/24 For Sale $649,000 0.0% $22 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/11/2024 08/11/24 Price Changed $649,000 -3.7% $22 / Sq Ft
08/01/2024 08/01/24 Price Changed $674,000 -3.6% $23 / Sq Ft
07/24/2024 07/24/24 Price Changed $699,000 -4.1% $24 / Sq Ft
07/01/2024 07/01/24 For Sale $729,000 -- $25 / 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
2024 $5,994 $483,086 $193,234 $289,852
2023 $5,879 $473,615 $189,446 $284,169
2022 $5,604 $464,330 $185,732 $278,598
2021 $5,529 $455,227 $182,091 $273,136
2019 $5,363 $441,727 $176,691 $265,036
2018 $5,341 $433,067 $173,227 $259,840
2016 $5,103 $416,252 $166,501 $249,751
2015 $2,988 $245,827 $98,329 $147,498
2014 $3,007 $241,012 $96,403 $144,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24133161

California Regional Multiple Listing Service (CRMLS)

APN: 5406-028-026