NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,435,000

5 Beds
2 Baths
1,600 Sq Ft
$730/Sq Ft Est. Value

Last Sold June 19, 2015

Last sale price $676,200 $423 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,247/month

29 Days on Market

Highlights

  • Bungalow
  • 5-minute walk to Vermont/Santa Monica Station
  • Ceiling Fan
  • John Marshall Senior High Rated A
  • Central Heating and Cooling System
  • 5 Car Garage

About This Home

As of June 2015

Two magnificently remodeled houses on a single lot. Both currently rented with short term leases. Ideal for owner/user or investor. Both houses have central air/heat, new electric, new windows, hardwood floors, new stainless steel appliances, custom made kitchen cabinetry, all new tile and granite, baths and kitchens and more. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Alan Wachman

Miller & Desatnik Realty Co. License #01047592 Listed on: 03/04/2015

Last Buyer's Agent

Donna Gaiter

Redfin License #01294919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,901

Year Built

  • Built in 1932

Lot Details

  • 4,799 Sq Ft Lot

Home Design

  • Bungalow

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Garage
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5539-009-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,901

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1600
  • Probate: No
  • Stories: 1
  • Year Built: 1932
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 437.50

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage, Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 64465
  • Assessed Land Value: 66682
  • Assessor Parcel Number: 5539-009-014
  • Geocode Override: No
  • Lot Size Area: 4799

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.90
  • Number Of Units: 2
  • Total Annual Expense: 13500
  • Type Of Units: Houses
  • Vacancy Rate: $0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Ho Shawn Fei and Lau Helen Hoi
Bought by
Ho Shawn Fei and Lau Helen Hoi
Current Estimated Value
$1,172,862

Purchase Details

Listed on
Mar 4, 2015
Closed on
Apr 28, 2015
Sold by
Serber Jeffrey Ronald and Serber Lori Maria
Bought by
Ho Shawn F and Lau Helen H
Seller's Agent
Alan Wachman
Miller & Desatnik Realty Co.
Buyer's Agent
Donna Gaiter
Redfin
List Price
$700,000
Sold Price
$676,200
Premium/Discount to List
-$23,800
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$507,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2014
Closed on
Aug 11, 2014
Sold by
Nieh John and The John Nieh & Sussie Nieh Li
Bought by
Serber Jeffrey Ronald and Serber Lori Maria
Seller's Agent
Katharine Lowe
Hampton Properties & Inv.
Buyer's Agent
Alan Wachman
Miller & Desatnik Realty Co.
List Price
$568,000
Sold Price
$500,000
Premium/Discount to List
-$68,000
-11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.54%

Purchase Details

Closed on
Oct 12, 2013
Sold by
Nieh John
Bought by
Nieh John and The John Nieh & Sussie Nieh Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.36%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 23, 2013
Sold by
Nieh John and The John Nieh & Sussie Nieh Li
Bought by
Nieh John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.36%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 23, 2007
Sold by
Nieh John and Nieh Sussie
Bought by
Nieh John and Nieh Sussie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ho Shawn Fei -- None Available
Ho Shawn F $676,500 Lawyers Title
Serber Jeffrey Ronald $500,000 Lawyers Title
Nieh John -- None Available
Nieh John -- First American Title Company
Nieh John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Shawn F $507,000
Previous Owner Nieh John $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2015 06/19/15 Sold $676,200 -3.4% $423 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $700,000 +40.0% $438 / Sq Ft
09/05/2014 09/05/14 Sold $500,000 -12.0% $316 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $568,000 -- $359 / Sq Ft
Source: The MLS

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 $9,901 $812,681 $600,920 $211,761
2024 $9,901 $796,747 $589,138 $207,609
2023 $9,711 $781,126 $577,587 $203,539
2022 $9,262 $765,811 $566,262 $199,549
2021 $9,148 $750,796 $555,159 $195,637
2020 $9,240 $743,098 $549,467 $193,631
2019 $8,877 $728,529 $538,694 $189,835
2018 $8,759 $714,245 $528,132 $186,113
2016 $8,371 $686,512 $507,625 $178,887
2015 $6,149 $500,000 $375,000 $125,000
2014 $1,717 $131,147 $66,682 $64,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-883945

The MLS

APN: 5539-009-014