NOT LISTED FOR SALE

Estimated Value: $897,000 - $967,000

4 Beds
4 Baths
3,910 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $545,000 $139 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,653/month

161 Days on Market

Highlights

  • Fireplace
  • Laundry Room
  • Heating Available
  • Cooling Available

About This Home

As of May 2017

Located just south of Martin Luther King Jr. Boulevard and walking distance from Los Angeles Memorial Coliseum, the California Science Center in Exposition Park, the Natural History Museum, the University of Southern California, Menlo Elementary School, and Manuel Art High School. This triplex property consists of four units with one bedrooms/one bath. Property sold as-is.

Last Agent to Sell the Property

Hoa Tang

CA Dream Realty License #01899836 Listed on: 10/17/2016

Last Buyer's Agent

Hoa Tang

CA Dream Realty License #01899836 Listed on: 10/17/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,077

Year Built

  • Built in 1915

Lot Details

  • 5,068 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Home Design

  • Property Attached

Interior Spaces

  • 3,910 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,922
  • Water Sewer Expense $800
  • New Taxes Expense $816
  • Operating Expense $4,000
  • Gross Income $36,780
  • Net Operating Income $32,780

Listing and Financial Details

  • Tax Lot 109
  • Tax Tract Number 1
  • Assessor Parcel Number 5020031016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,077

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 800.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5020031016
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 139.39

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220V Other - See Remarks
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 5068.00

Multi Family

  • Gross Income: 36780.00
  • Gross Scheduled Income: 36780.00
  • Insurance Expense: 1922.00
  • Net Operating Income: 32780.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Operating Expense: 4000.00
  • Rent Control: Yes
  • Total Expenses: 4000.00

Tax Info

  • New Taxes Expense: 816.00
  • Tax Census Tract: 2317.10
  • Tax Lot: 109
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2025
Sold by
Rosenberg Mikhail Oliver
Bought by
Las Palmas Holdings Llc
Current Estimated Value
$926,333

Purchase Details

Closed on
Mar 8, 2022
Sold by
40Th Llc
Bought by
Las Palmas Holdings Llc

Purchase Details

Closed on
Feb 25, 2019
Sold by
Abraham Esteghball Saman and Abraham Davood
Bought by
40Th Llc

Purchase Details

Closed on
Oct 25, 2018
Sold by
918 40Th Pl Llc
Bought by
Abraham Esteghball Saman and Abraham Davood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2018
Sold by
Davood Orly Kashri
Bought by
Davood Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2017
Sold by
Kim David Hon
Bought by
918 40Th Llc

Purchase Details

Listed on
Oct 17, 2016
Closed on
Mar 31, 2017
Sold by
Gonzalez Martin
Bought by
Kim David Hon
Seller's Agent
Hoa Tang
CA Dream Realty
Buyer's Agent
Hoa Tang
CA Dream Realty
List Price
$620,000
Sold Price
$545,000
Premium/Discount to List
-$75,000
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$388,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Gonzalez Martin
Bought by
Gonzalez Martin and Gonzalez Juleena T

Purchase Details

Closed on
Dec 3, 2001
Sold by
Gonzalez Martin
Bought by
Gonzalez Martin

Purchase Details

Closed on
May 22, 2001
Sold by
Gonzalez Martin
Bought by
Gonzalez Martin

Purchase Details

Closed on
Sep 12, 1997
Sold by
Gonzalez Graciano
Bought by
Gonzalez Graciano and The Graciano Gonzalez Living Trust

Purchase Details

Closed on
Jul 22, 1994
Sold by
Gonzalez Mercedes
Bought by
Gonzalez Graciano
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
Las Palmas Holdings Llc -- None Listed On Document
Las Palmas Holdings Llc $1,370,000 Chicago Title
40Th Llc -- None Available
Abraham Esteghball Saman $600,000 Fidelity National Title Comp
Davood Abraham -- Fidelity National Title
918 40Th Llc -- Accommodation
Kim David Hon $545,000 Fidelity National Title
Gonzalez Martin -- --
Gonzalez Martin -- --
Gonzalez Martin -- --
Gonzalez Graciano -- --
Gonzalez Graciano -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abraham Esteghball Saman $420,000
Previous Owner Kim David Hon $388,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $545,000 -9.0% $139 / Sq Ft
05/05/2017 05/05/17 Price Changed $599,000 0.0% $153 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $599,000 -3.4% $153 / Sq Ft
01/19/2017 01/19/17 For Sale $620,000 0.0% $159 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/28/2016 11/28/16 Price Changed $620,000 -4.6% $159 / Sq Ft
10/17/2016 10/17/16 For Sale $650,000 -- $166 / 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 $9,077 $726,926 $482,849 $244,077
2024 $9,077 $712,674 $473,382 $239,292
2023 $10,304 $814,870 $589,709 $225,161
2022 $9,839 $798,894 $578,147 $220,747
2021 $9,699 $783,230 $566,811 $216,419
2020 $9,794 $775,200 $520,200 $255,000
2019 $9,415 $760,000 $510,000 $250,000
2018 $7,980 $632,400 $408,000 $224,400
2016 $816 $38,475 $20,687 $17,788
2015 $809 $37,898 $20,377 $17,521
2014 $842 $37,156 $19,978 $17,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16728517

California Regional Multiple Listing Service (CRMLS)

APN: 5020-031-016