NOT LISTED FOR SALE

Park Wellington 1131 Alta Loma Rd Unit 513 West Hollywood, CA 90069

Estimated Value: $726,000 - $940,000

1 Bed
1 Bath
731 Sq Ft
$528/mo HOA Fee

Last Sold July 24, 2023

Last sale price $858,000 $1,174 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,745/month

27 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • 24-Hour Security
  • West Hollywood Elementary School Rated A-
  • Indoor Pool
  • City Lights View

About This Home

As of July 2023

Welcome to The Park Wellington, an exquisite penthouse unit located in the vibrant neighborhood of West Hollywood. Situated on the top floor, this recently renovated, one-bedroom, one-bath condo offers breathtaking west-facing views of the ocean, Century City, and the iconic Wilshire Corridor. As you enter this secure building, you'll be greeted by a dedicated 24/7 front desk staff, ensuring your peace of mind and convenience. The property includes a designated parking space, and for those environmentally conscious individuals, an available car charger is also accessible. Step outside and indulge in the luxurious amenities The Park Wellington has to offer. Take a refreshing dip in the resort style pool, perfect for soaking up the California sun or enjoying a leisurely swim. The well-appointed BBQ area is ideal for entertaining guests and enjoying al fresco dining. For the sport enthusiasts, a professional gym and a tennis court awaits, inviting you to engage in friendly matches or practice your swing. If you have a furry friend, they'll appreciate the dedicated dog park where they can romp and socialize with other pets. Laundry facilities are conveniently located within the building, making it easy to take care of your laundry needs without leaving the premises. The secured parking ensures the safety of your vehicle, providing peace of mind for you and your guests. The Park Wellington's prime location puts you in the heart of West Hollywood's vibrant scene. Just a stone's throw away from Sunset Plaza, you'll have easy access to the city's finest restaurants, trendy shops, and exciting nightlife. Indulge in world-class dining experiences or explore the eclectic array of boutiques that line the streets.Don't miss the opportunity to make The Park Wellington your new home. Experience luxurious living, stunning views, and a vibrant neighborhood that truly captures the essence of West Hollywood's allure.

Last Agent to Sell the Property

Angel Kou

The Agency License #01751969 Listed on: 06/01/2023

The Agency

Last Buyer's Agent

Aris Anagnos

eXp Realty of California Inc License #01926776

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,535

Year Built

  • Built in 1972

Lot Details

  • 2.3

HOA Fees

  • $528 Monthly HOA Fees

Property Views

  • City Lights
  • Canyon

Interior Spaces

  • 731 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Guest Parking

Pool

  • Indoor Pool
  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 5559-001-159

Community Details

Overview

  • 163 Units
  • 5-Story Property

Recreation

  • Tennis Courts
  • Fitness Center

Pet Policy

  • Pets Allowed

Additional Features

  • Concierge
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,535

Year Built

Built in 1972

Lot Details

0

HOA Fees

$528 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Park Wellington
  • Entry Floor: 5
  • Living Area: 731
  • Planned Urban Dev: 0
  • Stories: 5
  • Unit Floor In Building: 5
  • Year Built: 1972
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 1173.73

Exterior Features

  • Pool Description: Indoor
  • Pool: Yes
  • View: Canyon, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car

Utilities

  • Security: 24 Hour

Association/Amenities

  • Amenities: Concierge, Fitness Center, Guest Parking, Tennis Courts
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 528.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5559-001-159
  • Lot Size Area: 100154

Multi Family

  • Number Of Units: 163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 23, 2023
Sold by
Wang Jen Chen and Wang Jan Wha
Bought by
William Conlin Nolan Iv 2023 Trust and Nolan
Seller's Agent
Angel Kou
The Agency
Buyer's Agent
Aris Anagnos
eXp Realty of California Inc
List Price
$858,000
Sold Price
$858,000
Views
38
Current Estimated Value
$792,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,481
Avg. Annual Appreciation
-2.63%
Original Mortgage
$730,000
Outstanding Balance
$709,809
Interest Rate
5.75%
Mortgage Type
Construction
Estimated Equity
$102,793

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 11, 2019
Sold by
Wright Kimberly Anne
Bought by
Wang Jen Chin and Wang Jan Wha
Seller's Agent
Angel Kou
The Agency
Buyer's Agent
Adam Glick
Keller Williams Beverly Hills
List Price
$749,000
Sold Price
$728,000
Premium/Discount to List
-$21,000
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Moldauer Perry
Bought by
Wright Kimberly Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Bikel Theodore and Bikel Rita
Bought by
1031 Reverse Exchange Company Inc

Purchase Details

Closed on
Mar 1, 1995
Sold by
Fenske Wayne
Bought by
Moldauer Perry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.75%
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
William Conlin Nolan Iv 2023 Trust $858,000 First American Title
Wang Jen Chin $728,000 First American Title
Wright Kimberly Anne $445,000 Alliance Title
1031 Reverse Exchange Company Inc -- Commonwealth Land Title Co
Moldauer Perry $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Conlin Nolan Iv 2023 Trust $730,000
Previous Owner Mauerhan Richard $400,000
Previous Owner Wright Kimberly Anne $464,000
Previous Owner Wright Kimberly Anne $375,000
Previous Owner Wright Kimberly Anne $356,000
Previous Owner Moldauer Perry $296,000
Previous Owner Moldauer Perry $74,000
Previous Owner Moldauer Perry $160,000
Previous Owner Moldauer Perry $118,000
Previous Owner Moldauer Perry $107,700
Previous Owner Moldauer Perry $53,000
Previous Owner Moldauer Perry $128,000
Previous Owner Moldauer Perry $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $858,000 0.0% $1,174 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $858,000 0.0% $1,174 / Sq Ft
12/13/2021 12/13/21 Rented $3,700 0.0% --
12/08/2021 12/08/21 For Rent $3,700 +12.1% --
11/17/2020 11/17/20 Rented $3,300 0.0% --
11/06/2020 11/06/20 For Rent $3,300 -5.7% --
11/15/2019 11/15/19 Rented $3,500 0.0% --
10/24/2019 10/24/19 Price Changed $3,500 -12.5% $5 / Sq Ft
09/20/2019 09/20/19 Price Changed $4,000 +6.7% $5 / Sq Ft
09/20/2019 09/20/19 Price Changed $3,750 -6.3% $5 / Sq Ft
09/03/2019 09/03/19 Price Changed $4,000 -7.0% $5 / Sq Ft
08/05/2019 08/05/19 Price Changed $4,300 -6.5% $6 / Sq Ft
07/18/2019 07/18/19 For Rent $4,600 0.0% --
06/20/2019 06/20/19 Sold $728,000 -2.8% $996 / Sq Ft
05/22/2019 05/22/19 For Sale $749,000 -- $1,025 / 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 $10,535 $875,160 $678,810 $196,350
2024 $10,535 $858,000 $665,500 $192,500
2023 $9,635 $780,560 $164,045 $616,515
2022 $9,149 $765,256 $160,829 $604,427
2021 $9,084 $750,252 $157,676 $592,576
2019 $6,846 $567,167 $172,059 $395,108
2018 $6,801 $556,047 $168,686 $387,361
2016 $6,347 $520,000 $157,000 $363,000
2015 $5,636 $460,000 $139,000 $321,000
2014 $5,136 $409,000 $124,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-275975

The MLS

APN: 5559-001-159