NOT LISTED FOR SALE

Estimated Value: $587,000 - $657,000

1 Bed
1 Bath
1,020 Sq Ft
$904/mo HOA Fee

Last Sold July 24, 2024

Last sale price $629,000 $617 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,013/month

13 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Automatic Gate
  • Fitness Center
  • Spa
  • 3-minute walk to South Park Commons

About This Home

As of July 2024

LUXURIOUS LIVING AT ITS BEST!!! Elegant 1-Bedroom Condo in Prime Coveted South Park Downtown LA Location** Welcome to your new home! This spacious 1-bedroom, 1-bath condo boasts 1,020 sq. ft. of living space with an open floor plan and ample natural lighting. Enjoy your morning coffee on the balcony overlooking the Grandeur Downtown Los Angeles or unwind after a long day in this soundproof oasis. Located just 3 blocks from the Crypto.com Arena and LA Live, you’ll be at the heart of all the action in Downtown LA. Plus, with a beautiful park right across the street, you have the perfect blend of urban excitement and natural tranquility. Residents benefit from a wealth of amenities including two public terraces, a 24/7 concierge, and controlled access for added security. The monthly assessment covers a wide range of services such as water, sewer, gas, electricity for common areas, and individual unit billing for usage. Additionally, you’ll enjoy access to a pool/spa, terrace area with BBQs, landscaping and tree maintenance, security patrol, housekeeping, onsite engineering and management, and comprehensive maintenance of all common areas and building components. The funding of the reserves ensures the building remains in top condition. Don’t miss this opportunity to live in one of Downtown LA's most coveted locations. Schedule a viewing today!

Last Agent to Sell the Property

Fernando Reza

KELLER WILLIAMS COVINA Brokerage Phone: 626-388-5518 License #01451616 Listed on: 05/31/2024

KELLER WILLIAMS COVINA

Last Buyer's Agent

James Bang

Key Investment & Realty License #01290625

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 2005

Lot Details

  • 0.89

HOA Fees

  • $904 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Parking
  • Automatic Gate
  • On-Street Parking
  • Parking Lot
  • Parking Permit Required
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Modern Architecture
  • Turnkey

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Laminate Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Spa
  • Living Room Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60746
  • Assessor Parcel Number 5139021188
  • $612 per year additional tax assessments

Community Details

Overview

  • 180 Units
  • Elleven Homeowners Association, Phone Number (213) 749-9255
  • Action Property Management HOA
  • Maintained Community

Amenities

  • Concierge
  • Community Barbecue Grill

Recreation

  • Community Spa
  • Dog Park

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,527

Year Built

Built in 2005

Lot Details

0

HOA Fees

$904 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove, Microwave, Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Resident Manager, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR5
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5139021188
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1020.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: 12 floor
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 616.67
  • Room Type: Kitchen, Laundry, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Terrace
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Parking Space, Permit Required, Private, Street
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Concierge, Gas, Maintenance Grounds, Sewer, Water, Management, Security, Controlled Access
  • Association Fee: 903.88
  • Association Fee Frequency: Monthly
  • Association Name: Elleven Homeowners Association
  • Phone: 2137499255
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Sidewalks, Street Lights, Urban
  • Association Management: Action Property Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 38857.00
  • Lot Size Acres: 0.8920
  • Latitude Manual: 34.04145600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38857.0000 Square Feet
  • Number Of Units In Community: 180
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2079.02
  • Tax Lot: 1
  • Tax Tract Number: 60746
  • TaxOtherAnnualAssessmentAmount: 612.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 17, 2024
Sold by
Makarehchi Karim M and Korhani Tehereh
Bought by
Kang Family Trust and Kang
Seller's Agent
Fernando Reza
KELLER WILLIAMS COVINA
Buyer's Agent
James Bang
Key Investment & Realty
List Price
$629,000
Sold Price
$629,000
Views
30
Current Estimated Value
$624,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,161
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Jun 11, 2020
Sold by
Hwang Fiona Man Sze
Bought by
Makarchehi Karim M and Korhani Tehereh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2011
Sold by
Mostafavi Adel
Bought by
Hwang Fiona Man Sze

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
South Park Phase I Llc
Bought by
Mostafavi Adel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,960
Interest Rate
7%
Mortgage Type
Unknown
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
Kang Family Trust $629,000 Fidelity National Title
Makarchehi Karim M $620,000 Stewart Title
Hwang Fiona Man Sze $369,000 Orange Coast Title
Mostafavi Adel -- Ticor Title Co Glendale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Makarchehi Karim M $341,000
Previous Owner Hwang Fiona Man Sze $160,000
Previous Owner Mostafavi Adel $504,960
Previous Owner Mostafavi Adel $63,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $629,000 0.0% $617 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $629,000 -- $617 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,527 $629,000 $440,300 $188,700
2024 $8,527 $657,948 $212,241 $445,707
2023 $8,349 $645,048 $208,080 $436,968
2022 $7,958 $632,400 $204,000 $428,400
2021 $7,773 $620,000 $200,000 $420,000
2020 $5,476 $423,790 $253,816 $169,974
2019 $5,260 $415,482 $248,840 $166,642
2018 $5,243 $407,336 $243,961 $163,375
2016 $5,005 $391,521 $234,489 $157,032
2015 $4,934 $385,641 $230,967 $154,674
2014 $4,938 $378,088 $226,443 $151,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24099734

California Regional Multiple Listing Service (CRMLS)

APN: 5139-021-188