Seller's Agent in 2013
Kyle Ngo
eXp Realty of California Inc
(626) 215-2368
46 Total Sales
970 Yale St Los Angeles, CA 90012
Chinatown NeighborhoodEstimated Value: $2,077,702 - $2,205,000
16
Beds
12
Baths
6,578
Sq Ft
$326/Sq Ft
Est. Value
About This Home
As of September 2013Excellent Investment Opportunity. High Demand Area. Great Cash Flow. Gorgeous 10-units property located in the heart of China town. Excellent Location. Close to Old Chinatown Central Plaza. Minutes to downtown L.A. 10 units consist of 4- 1bed/1bath units, 4- 2bed/1bath units, and 2- 2bed/2bath units. As a bonus there is also 4 Shared Rooms above the garage for added income. Please do not disturb tenants. Drive by Only.
Last Agent to Sell the Property
eXp Realty of California Inc License #01349529 Listed on: 08/01/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 7,587 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 4 Car Garage
Home Design
- 6,578 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 16 Bedrooms
- 12 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 55
- Tax Tract Number 2071
- Assessor Parcel Number 5414006022
Community Details
Overview
- 3 Buildings
- 14 Units
Building Details
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,517
- Maintenance Expense $19,359
- Water Sewer Expense $7,723
- New Taxes Expense $5,972
- Gross Income $7,100
- Net Operating Income $37,588
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2013
Closed on
Sep 19, 2013
Sold by
Schoon Dorothy L and The Schoon Trust A
Bought by
970 Yale Llc
Seller's Agent
Kyle Ngo
eXp Realty of California Inc
Buyer's Agent
Edward Jesman
Edward Jesman Realty
List Price
$1,010,000
Sold Price
$1,040,000
Premium/Discount to List
$30,000
2.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,351
Avg. Annual Appreciation
5.96%
Original Mortgage
$475,000
Outstanding Balance
$355,300
Interest Rate
4.46%
Mortgage Type
Commercial
Estimated Equity
$1,786,051
Purchase Details
Closed on
Oct 6, 2011
Sold by
Schoon Dorothy L and Schoon Trust
Bought by
Schoon Dorothy L and Schoon Trust A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 970 Yale Llc | $1,040,000 | Lawyers Title | |
| Schoon Dorothy L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 970 Yale Llc | $475,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2013 09/30/13 | Sold | $1,040,000 | +3.0% | $158 / Sq Ft |
| 08/06/2013 08/06/13 | Pending | -- | -- | -- |
| 08/01/2013 08/01/13 | For Sale | $1,010,000 | -- | $154 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $21,074 | $1,274,886 | $735,512 | $539,374 |
| 2024 | $21,074 | $1,249,890 | $721,091 | $528,799 |
| 2023 | $20,553 | $1,225,383 | $706,952 | $518,431 |
| 2022 | $19,612 | $1,201,357 | $693,091 | $508,266 |
| 2021 | $19,198 | $1,177,801 | $679,501 | $498,300 |
| 2019 | $18,735 | $1,142,869 | $659,348 | $483,521 |
| 2018 | $18,402 | $1,120,461 | $646,420 | $474,041 |
| 2016 | $17,342 | $1,076,955 | $621,320 | $455,635 |
| 2015 | $16,995 | $1,060,779 | $611,988 | $448,791 |
| 2014 | $16,948 | $1,040,000 | $600,000 | $440,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Ngo
-
Edward Jesman
Buyer's Agent in 2013
Edward Jesman
Edward Jesman Realty
(310) 291-2681
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS13153501
APN: 5414-006-022
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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