NOT LISTED FOR SALE

Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,449,000 - $2,228,913

4 Beds
3 Baths
4,276 Sq Ft
$418/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $1,522,500 $356 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $11,078/month

40 Days on Market

Highlights

  • Spanish Architecture
  • West Facing Home
  • Front Yard

About This Home

As of December 2023

Bank owned foreclosure. Spacious Spanish style duplex located near Miracle Mile, in the highly desirable neighborhood of Longwood Highlands. Over 4,200 square feet of living space on a 7,400 square foot lot. Both units feature 3 bedrooms and 2 baths. 2 car detached garage in rear. A great investment property as a rental or owner user near Hancock Park, Larchmont Village, Melrose Blvd, The Grove and more.

Last Agent to Sell the Property

Joseph Breckner

Coldwell Banker Realty License #00883666 Listed on: 11/16/2023

Coldwell Banker Realty

Last Buyer's Agent

Micki Park

Ivy Realty Co. License #01122692

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,801

Year Built

  • Built in 1923

Lot Details

  • 7,408 Sq Ft Lot
  • West Facing Home
  • Front Yard
  • Property is zoned LAR2

Parking

  • 2 Parking Spaces

Home Design

  • Spanish Architecture

Interior Spaces

  • 4,276 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5083-019-019

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,801

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Bank owned foreclosure. Spacious Spanish style duplex located near Miracle Mile, in the highly desirable neighborhood of Longwood Highlands. Over 4,200 square feet of living space on a 7,400 square foot lot. Both units feature 3 bedrooms and 2 baths. 2 car detached garage in rear. A great investment property as a rental or owner user near Hancock Park, Larchmont Village, Melrose Blvd, The Grove and more. CASH ONLY. DO NOT DISTURB OCCUPANTS. DRIVE-BY ONLY. Property is being sold occupied. No showings or access. Listing agent has not seen inside either unit.
  • Building Permit: No
  • Living Area: 4276
  • Lot Acreage: 0.1701
  • Probate: No
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 306.95

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Total Parking: 2

Utilities

  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 25.70
  • Assessed Improvement Value: 436237
  • Assessed Land Percent: 74.3
  • Assessed Land Value: 1261413
  • Total Assessed Value: 1697650
  • Assessor Parcel Number: 5083-019-019
  • Lot Description: Front Yard
  • Lot Size Area: 7408

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 1
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Lee Kim and Lee Sophia
Bought by
Charles And Sophia Kim Living Trust and Kim
Current Estimated Value
$1,786,971

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 22, 2023
Sold by
Structured Asset Mtg Inv Ii Tr
Bought by
Kim Charles and Kim Sophia Lee
Seller's Agent
Joseph Breckner
Coldwell Banker Realty
Buyer's Agent
Micki Park
Ivy Realty Co.
List Price
$1,312,500
Sold Price
$1,522,500
Premium/Discount to List
$210,000
16%
Views
257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Oct 3, 2019
Sold by
Chyun Sang Kue and Chyun Hwa Suk
Bought by
Wilmington Trust Na and Structured Asset Mortgage Investments Ii

Purchase Details

Closed on
Feb 26, 2015
Sold by
Chyun Sang Kue and Chyun Hwa Suk
Bought by
Chyun Sang Kue and Chyun Hwa Suk

Purchase Details

Closed on
Sep 30, 2013
Sold by
Chyun Sang Kue and Chyun Hwa Suk
Bought by
Chyun Sang Kue and Chyun Hwa Suk

Purchase Details

Closed on
May 14, 2007
Sold by
Surh Justin Y
Bought by
Chyun Sang Kue and Chyun Hwa Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Surh Justin Y
Bought by
Surh Justin Y and Chyun Sang Kue

Purchase Details

Closed on
Dec 17, 2003
Sold by
Suh Yong Won and Surh Justin Y
Bought by
Surh Justin Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 1994
Sold by
Lee Jung Ah Alice
Bought by
Suh Yong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,750
Interest Rate
8.35%
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
Charles And Sophia Kim Living Trust -- None Listed On Document
Kim Charles $6,228,409 Servicelink
Wilmington Trust Na $1,352,418 Servicelink
Chyun Sang Kue -- None Available
Chyun Sang Kue -- None Available
Chyun Sang Kue -- Financial Title Company
Surh Justin Y -- --
Surh Justin Y -- Commonwealth
Suh Yong Won -- North American Title Company
Suh Yong Won $250,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chyun Sang Kue $910,000
Previous Owner Surh Justin Y $500,000
Previous Owner Suh Yong Won $224,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $1,522,500 +16.0% $356 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,312,500 -- $307 / 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 $18,801 $1,552,950 $1,122,000 $430,950
2024 $18,801 $1,522,500 $1,100,000 $422,500
2023 $20,901 $1,697,650 $1,261,413 $436,237
2022 $19,934 $1,664,364 $1,236,680 $427,684
2021 $19,677 $1,631,731 $1,212,432 $419,299
2020 $19,878 $1,615,360 $1,200,000 $415,360
2019 $16,561 $1,368,505 $928,508 $439,997
2018 $16,449 $1,341,679 $910,302 $431,377
2016 $15,708 $1,289,235 $874,954 $414,281
2015 $15,699 $1,288,299 $870,596 $417,703
2014 $15,754 $1,263,064 $853,543 $409,521
Source: Public Records

Agents Affiliated with this Home

  • Joseph Breckner

    Seller's Agent in 2023

    Joseph Breckner

    Coldwell Banker Realty

    (818) 528-2291

    1 in this area

    69 Total Sales

    Joseph Breckner
    Section Image

  • M

    Buyer's Agent in 2023

    Micki Park

    Ivy Realty Co.

    (213) 276-7669

    1 in this area

    2 Total Sales

    Micki Park
    Section Image
See All Agents

Source: The MLS

MLS Number: 23-333035

The MLS

APN: 5083-019-019

California Los Angeles County Los Angeles 90019

Miracle Mile

This home since 16 November 2023 and is currently estimated at $1,786,971, approximately $417 per square foot. This property was built in 1923. This home is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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