NOT LISTED FOR SALE

Park Wellington 1131 Alta Loma Rd Unit 518 West Hollywood, CA 90069

Estimated Value: $720,000 - $772,000

1 Bed
1.5 Baths
741 Sq Ft
$623/mo HOA Fee

Last Sold July 29, 2024

Last sale price $749,000 $1,011 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,377/month

32 Days on Market

Highlights

  • Concierge
  • Community Cabanas
  • 24-Hour Security
  • West Hollywood Elementary School Rated A-
  • Fitness Center
  • Gated Parking

About This Home

As of July 2024

This rarely available penthouse residence facing the hills, in the full-service resort-style Park Wellington complex, is the finest in LA condo living. 24-hour concierge, heated pool and 2 spas with cabanas, sun deck, a tennis court, state-of-the-art gym, sauna, and a dog park. This stellar property boasts very reasonable HOA dues for a building that offers all these luxury amenities. Prime and quiet location, just a block away from Sunset Plaza, in close proximity to the best dining, nightlife, and shopping venues the Sunset Strip and West Hollywood offer. The bright open floor plan features a spacious living room with a private balcony, dining area, kitchen with stainless steel appliances, and breakfast bar - all with beautiful views of the hills and a lush green courtyard. The en-suite bedroom comes with a recently remodeled primary bath, and there is abundant closet/storage space throughout. One parking spot is included in the gated garage, and there is plenty of guest parking. An extraordinary property on so many levels, with a perfect blend of style, comfort, and unsurpassed location! ***Easy to show, by private appointment only.

Last Agent to Sell the Property

Dragana Popovic

Keller Williams Larchmont License #01970876 Listed on: 05/25/2024

Keller Williams Larchmont

Last Buyer's Agent

Kristofer Everett-Einarsson

Carolwood Estates License #02115238

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,253

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 2.3

HOA Fees

  • $623 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • Hills
  • Park or Greenbelt
  • Courtyard

Home Design

  • Traditional Architecture
  • Cement Board or Planked

Interior Spaces

  • 741 Sq Ft Home
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Powder Room

Home Security

Pool

  • Heated In Ground Pool
  • Spa
  • Saltwater Pool

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5559-001-164

Community Details

Overview

  • 163 Units
  • 5-Story Property

Amenities

  • Concierge
  • Sundeck
  • Sauna
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,253

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$623 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Park Wellington
  • Entry Floor: 5
  • Entry Location: Top Level
  • Living Area: 741
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 5
  • Unit Floor In Building: 5
  • Year Built: 1972
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Microwave
  • Price Per S Q F T: 1010.80

Exterior Features

  • Construction: Cement Board
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, Heated, Salt/Saline
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Courtyard, Green Belt, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Attached, Circular Driveway, Community Garage, Controlled Entrance, Garage, Gated, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Resident Manager, Card/Code Access

Association/Amenities

  • Amenities: Assoc Pet Rules, Concierge, Controlled Access, Elevator, Exercise Room, Fitness Center, Gated Community, Gated Parking, Onsite Property Management, Pool, Private Cabana, Sauna, Security, Spa, Sun Deck, Tennis Courts, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 623.32
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5559-001-164
  • Lot Size Area: 100154

Multi Family

  • Number Of Units: 163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Jul 22, 2024
Sold by
Avanti Productions 401K Psp and Warren Suzanne
Bought by
Kortmeyer Scott and Kortmeyer Kristin
Seller's Agent
Dragana Popovic
Keller Williams Larchmont
Buyer's Agent
Kristofer Everett-Einarsson
Carolwood Estates
List Price
$749,000
Sold Price
$749,000
Views
11
Current Estimated Value
$742,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,365
Avg. Annual Appreciation
-0.83%
Original Mortgage
$674,025
Outstanding Balance
$666,127
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$76,508

Purchase Details

Listed on
Nov 26, 2016
Closed on
Oct 28, 2016
Sold by
Herrera Kathryn L
Bought by
Warren Suzanne and Avanti Productions 401K Psp
Seller's Agent
Dragana Popovic
Keller Williams Larchmont
Buyer's Agent
Tania Ferris
Coldwell Banker Realty
Sold Price
$3,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%

Purchase Details

Closed on
Dec 14, 2000
Sold by
Rosenthal Mark
Bought by
Herrera Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
4.75%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Rosenthal Mark
Bought by
Rosenthal Mark A and The Mark A Rosenthal Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
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
Kortmeyer Scott $749,000 First American Title Company
Warren Suzanne $585,000 Title365
Herrera Kathryn L $215,000 Southland Title
Rosenthal Mark A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kortmeyer Scott $674,025
Previous Owner Herrera Kathryn L $239,500
Previous Owner Herrera Kathryn L $236,900
Previous Owner Herrera Kathryn L $231,500
Previous Owner Herrera Kathryn L $227,000
Previous Owner Herrera Kathryn L $202,200
Previous Owner Herrera Kathryn L $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $749,000 0.0% $1,011 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $749,000 0.0% $1,011 / Sq Ft
06/02/2020 06/02/20 Rented $3,450 0.0% --
03/24/2020 03/24/20 For Rent $3,450 0.0% --
01/08/2019 01/08/19 Rented $3,450 0.0% --
01/02/2019 01/02/19 For Rent $3,450 +1.5% --
12/23/2016 12/23/16 Rented $3,400 0.0% --
11/26/2016 11/26/16 For Rent $3,400 0.0% --
11/15/2016 11/15/16 Sold $585,000 -4.9% $789 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $615,000 -- $830 / 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 $8,253 $749,000 $577,500 $171,500
2024 $8,253 $665,625 $515,889 $149,736
2023 $8,115 $652,574 $505,774 $146,800
2022 $7,707 $639,779 $495,857 $143,922
2021 $7,657 $627,235 $486,135 $141,100
2019 $7,407 $608,633 $471,717 $136,916
2018 $7,360 $596,700 $462,468 $134,232
2016 $3,546 $273,656 $162,541 $111,115
2015 $3,492 $269,546 $160,100 $109,446
2014 $3,497 $264,267 $156,964 $107,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-396341

The MLS

APN: 5559-001-164