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1202 Irolo Street

1202 Irolo Street, Los Angeles, CA 90006
Multifamily in Olympic Park
1 Units For Sale
Unit for sale at 1202 Irolo St, Los Angeles, CA 90006

$1,195,000

  • 8 Beds
1202 Irolo St, Los Angeles, CA 90006 Listing by Jonathan Paik

1202 Irolo Street in Los Angeles, CA was first built in 1922 and is 102 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1202 Irolo Street has 3,165 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,907 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1202 Irolo Street was last sold in Sep 4, 2014 for $655,000. According to our calculations, that's $206.95 per sqft. Prior to that sales transaction, the property was sold for $400,000 in Jul 21, 2009. Current property owners are expected to pay $9,212 in taxes per year. The property on 1202 Irolo Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $756,636. To break that down further, the land itself was valued at $525,602. While improvements to the property were assessed at a total of $231,034. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Parking

Carport

Condition

New Construction
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210625
06/25/2021
Studio
-
-
$1,279,000
bedrooms
Studio
bathrooms
-
-
-
-
Jonathan Paik
eXp Realty of California Inc
20200909
09/09/2020
Studio
-
-
$1,079,900
bedrooms
Studio
bathrooms
-
-
-
-
-
20190523
05/23/2019
8 Bed
4 Bath
3165 ft²
$1,059,000
bedrooms
8 Bed
bathrooms
4 Bath
square feet
3165 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 2
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,907
  • Total Building Area: 3,165
  • Gross Building Area: 3,165
  • Building Area: 3,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELECTRIC RAILWAY HOMESTEAD ASSOC
  • Land Acres: 0.136
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: ELECTRIC RAILWAY HOMESTEAD ASSN LOT/SEC 25 BLK/DIV/TWN 44

Ownership

  • Current Owner : HYUN JANG WOO
  • Current Owner 2: HYUN SUNG HI
  • Previous Owner : CHA MYONG CHONG KI
  • Previous Owner 2: CHA MYONG SONG
  • Owner Before Previous Owner: LEE JAI KEUN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 213202

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-E3
  • Parcel: 5078-036-024
  • Block: 44
  • Lot: 25
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0489
  • Longitude: -118.301

    Address

  • Full Address: 1202 Irolo St
  • Address - House Number: 1202
  • Address - Street Name: Irolo
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C044
  • 4-Digit Zip Code: 3220
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,212
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0678
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 96
  • Final Value: 1,209,320
  • High Value: 1,291,390
  • Low Value: 1,127,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $491,250
  • First Open Lien Mortgage Lender: NATIONAL MORTGAGE SERVICE INC
  • First Open Lien Mortgage Recording Date: Oct 15, 2014
  • First Open Lien Mortgage Loan Amount: $491,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $756,636
  • Assessed Land Value: $525,602
  • Assessed Improvements Value: $231,034

    Sales

  • Current Sale Contract Date: Sep 04, 2014
  • Current Sale Recording Date: Oct 15, 2014
  • Current Sale Transaction ID: 1032073541
  • Current Sale Price: $655,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-1083325
  • Previous Sale Recording Date: Aug 06, 2009
  • Previous Sale Contract Date: Jul 21, 2009
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL MORTGAGE SERVICE INC
  • First Mortgage Transaction Date: Oct 15, 2014
  • First Mortgage Loan Amount: $491,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2044

About Central LA



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$1,450 /mo

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Frequently Asked Questions

What neighborhood is 1202 Irolo Street located in?
The 1202 Irolo Street is a multifamily located in the neighborhood of Olympic Park in Central LA, Los Angeles.
How many listings are currently for sale in 1202 Irolo Street?
There is one unit for sale right now.
What is the average sales price for listings in 1202 Irolo Street?
The average sales price for units in 1202 Irolo Street is $1,195,000 currently.

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