NOT LISTED FOR SALE

963 1/2 S Lorena St Los Angeles, CA 90023

Estimated Value: $1,506,000 - $2,834,000

3 Beds
3 Baths
1,250 Sq Ft
5,776 Sq Ft Lot

Highlights

  • New Construction
  • City View
  • Central Heating and Cooling System
  • Felicitas and Gonzalo Mendez High Rated A-
  • Modern Architecture
  • Family Room

About This Home

As of August 2021

4 units NEW CONSTRUCTION completed in June 2020. Unit is located back left side of Lorena St. This 2-story, modern, energy efficient, unit is approx. 1,250 sf with a desirable floor plan that consists of 3 bedrooms and 2.5 bathrooms with all new appliances, including an in-unit washer and dryer, central air conditioning & heating, and a host of energy efficient construction including dual pane windows, LED lighting and water conservation devices. Best of all, this property is located in the rapidly growing prime location of Boyle Heights which is central to many places. It proximity to the civic center will be approximately 3 miles from the Arts District and USC's Health Sciences Campus, and 4 miles from East Los Angeles College and the Citadel Outlets. In addition, easy access to the 5, 60, 101, and 10 freeways - all of these are within a mile of the property

Last Agent to Rent the Property

Robert Yun

NET Properties License #01854449 Listed on: 06/10/2021

Last Renter's Agent

Robert Yun

NET Properties License #01854449 Listed on: 06/10/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,433

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,776

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Laminate Flooring
  • City Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Security Deposit $3,000
  • Tenant pays for electricity, gas, cable TV, trash collection, water, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5188-022-029

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$29,433

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 3000
  • Tenant Pays: Electricity, Gas, Cable TV, Trash Collection, Water, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1250
  • Lot Acreage: 0.1326
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2020
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer, Dryer, Garbage Disposal
  • Price Per S Q F T: 2.32

Exterior Features

  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5188-022-029
  • Lot Size Area: 5777

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Jack Pioneer Llc
Bought by
Eshagian Joseph
Current Estimated Value
$2,164,187

Purchase Details

Closed on
Aug 29, 2022
Sold by
Dong-Keun Shin David and Dong-Keun Helen H
Bought by
Jack Pioneer Llc

Purchase Details

Closed on
Jul 23, 2022
Sold by
Joseph Eshagian
Bought by
Eshagian Joseph

Purchase Details

Closed on
Nov 10, 2020
Sold by
Newshire Investments Inc
Bought by
Shin David Dong Keun and Chang Helen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,428,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2018
Sold by
Frias Juan Manuel
Bought by
Newshire Investments Inc

Purchase Details

Closed on
Aug 12, 2005
Sold by
Frias Juan Manuel
Bought by
Frias Juan Manuel and Frias Clara

Purchase Details

Closed on
Jun 26, 2001
Sold by
Frias Manuel
Bought by
Frias Juan Manuel and Ibarra Clara

Purchase Details

Closed on
Jul 16, 1996
Sold by
Torres Pedro
Bought by
Frias Manuel and Ibarra Clara

Purchase Details

Closed on
Dec 20, 1995
Sold by
Merlino Eleanor Z
Bought by
Torres Pedro
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
Eshagian Joseph $2,350,000 Doma Title Company
Jack Pioneer Llc -- Doma Title Company
Eshagian Joseph -- Doma Title Company
Shin David Dong Keun $1,905,000 Pacific Coast Title Company
Newshire Investments Inc $405,000 Wfg National Title Company
Frias Juan Manuel -- First American Title Ins Co
Frias Juan Manuel -- Investors Title
Frias Manuel $80,000 --
Torres Pedro $53,181 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shin David Dong Keun $1,428,750
Previous Owner Newshire Investments Inc $865,000
Previous Owner Newshire Investments Inc $410,000
Previous Owner Frias Juan Manuel $158,179
Previous Owner Frias Juan Manuel $170,500
Previous Owner Frias Juan Manuel $120,200
Previous Owner Frias Juan Manuel $128,000
Previous Owner Frias Juan Manuel $115,000
Previous Owner Frias Manuel $20,000
Previous Owner Torres Pedro $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Rented $2,900 0.0% --
07/30/2021 07/30/21 Under Contract -- -- --
07/26/2021 07/26/21 Price Changed $2,900 -3.3% $2 / Sq Ft
06/23/2021 06/23/21 Price Changed $3,000 -6.3% $2 / Sq Ft
06/10/2021 06/10/21 For Rent $3,200 -- --
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 $29,433 $2,444,940 $1,404,540 $1,040,400
2024 $29,433 $2,397,000 $1,377,000 $1,020,000
2023 $28,863 $2,350,000 $1,350,000 $1,000,000
2022 $23,314 $1,943,100 $1,295,400 $647,700
2021 $23,017 $1,905,000 $1,270,000 $635,000
2020 $9,939 $807,762 $421,362 $386,400
2019 $5,158 $413,100 $362,100 $51,000
2018 $1,465 $114,490 $57,245 $57,245
2016 $1,392 $110,046 $55,023 $55,023
2015 $1,372 $108,394 $54,197 $54,197
2014 $1,384 $106,272 $53,136 $53,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-747436

The MLS

APN: 5188-022-029