NOT LISTED FOR SALE

Estimated Value: $1,091,400 - $1,259,000

4 Beds
4 Baths
2,282 Sq Ft
$523/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2013

Last sale price $550,000 $241 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,142 / mo

113 Days on Market

About This Home

As of October 2013

Price Reduce! Great location & Condition, Opportunity to won a beautiful income producing property in Mid city &Miracle Mile area. The owner have done extensive upgrades, with new floor and kitchen, bathroom remodeled with tile floors, out side of area, concrete for the drive way and new fence built in, new garage door changed

Last Agent to Sell the Property

Dee Hong

Bee Investment, Inc. License #01457212 Listed on: 06/16/2013

Last Buyer's Agent

Daniel Lee

Bee Investment, Inc. License #01343520

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,149 Sq Ft Lot

Interior Spaces

  • 2,282 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Car Garage
  • Parking Storage or Cabinetry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5072-005-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

7,149 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 2282
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 241.02

Exterior Features

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

Garage/Parking

  • Parking Garage: Built-In Storage
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water Expense: 1200.00

Fee Information

  • Other Expense: 300.00

Lot Info

  • Assessed Improvement Value: 134625
  • Assessed Land Value: 308304
  • Assessor Parcel Number: 5072-005-020
  • Geocode Override: No
  • Lot Size Area: 7149

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 1500.00
  • Number Of Units: 4
  • Type Of Units: 4unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2013
Closed on
Oct 23, 2013
Sold by
Kim Kay
Bought by
Kim Derek
Seller's Agent
Dee Hong
Bee Investment, Inc.
Buyer's Agent
Daniel Lee
Bee Investment, Inc.
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%
Current Estimated Value
$1,194,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,350
Avg. Annual Appreciation
6.43%
Original Mortgage
$388,500
Outstanding Balance
$291,474
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$902,876

Purchase Details

Closed on
May 3, 2010
Sold by
Dynasty Dynamics
Bought by
Kim Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Us Bank National Association
Bought by
Dynasty Dynamics Inc

Purchase Details

Closed on
Oct 13, 2008
Sold by
Hawley Stevon
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 4, 2003
Sold by
Hawley Stevon
Bought by
Hawley Stevon

Purchase Details

Closed on
Sep 11, 2000
Sold by
Watson Fred L
Bought by
Hawley Stevon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,422
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 1993
Sold by
Nobles Lucas Patrice C
Bought by
Watson Fred L and Watson Linda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Derek $555,000 Chicago Title Company
Kim Kay $431,000 Fidelity Van Nuys
Dynasty Dynamics Inc $310,000 Lsi Title Company Ca
Us Bank Na $474,865 Lsi Title Company Ca
Hawley Stevon -- Stewart Title Of Ca Inc
Hawley Stevon $193,000 American Title Co
Watson Fred L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Derek $388,500
Previous Owner Kim Kay $181,000
Previous Owner Hawley Stevon $191,422
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $550,000 -5.2% $241 / Sq Ft
10/07/2013 10/07/13 Pending -- -- --
06/16/2013 06/16/13 For Sale $580,000 -- $254 / Sq Ft
Source: The MLS

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 $8,515 $680,344 $502,599 $177,745
2024 $8,515 $667,005 $492,745 $174,260
2023 $8,360 $653,928 $483,084 $170,844
2022 $7,987 $641,107 $473,612 $167,495
2021 $7,882 $628,537 $464,326 $164,211
2019 $7,654 $610,176 $450,554 $159,622
2018 $7,521 $598,218 $441,720 $156,498
2016 $7,186 $574,720 $424,568 $150,152
2015 $7,084 $566,088 $418,191 $147,897
2014 $7,132 $555,000 $410,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 13-681241

The MLS

APN: 5072-005-020

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