The nearly century-old house has approximately 772-square-feet, and is a one-bedroom/one-bath house and is at 5063 Santa Monica Ave. It was sold for $675,000, with financing of $328,000 from Flagstar Bank. (assessor’s parcel 448-092-06)
The three rental units (assessor’s parcel 448-092-05) – 5065-5059 Santa Monica – each with a side yard and parking in the alley were sold for $900,000, cash. They occupy a 7,000-square-foot lot.
Total price tag: $1,575,000.
All the properties were bought by Ku-Fong Tzung and Jean Tzung, trustees of the Fu-Kong & Jean Tzung Trust, 12843 Grimaldi, Del Mar 92014. And the seller was U.S. Bank N.A., as successor trustee under the Keen Family Declaration of Trust Number One.
From The Daily Transcript (subscription)