$550,000
SOLD MAR 14, 2025

1234 Wilshire Blvd Unit 404 Los Angeles, CA 90017

Westlake Neighborhood
2 Beds
2 Baths
1,010 Sq Ft
$903/mo HOA Fee

Recently Sold

$545 Per Sq Ft

5% Below List Price

32 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Breakfast Area or Nook
  • Gated Parking
  • Great Room
  • Subterranean Parking

About This Home

As of March 2025

Price reduction! Sleek 2 beds+2 bath ensuite unit located in the full-service Vero Building! Awesome views! Just blocks to the heart of Downtown, this beautiful light and bright unit features an open floor plan with modern finishes throughout. Stainless Steel appliances, hardwood floors, new luxury vinyl floor in bedrooms, w/d in the unit. Lovely private balcony with great North facing views. Enjoy all the fantastic amenities, including 24-hour security, front desk attendant, HUGE gym, dance/yoga studio, sauna, heated pool, spa and lounge area. Gated Parking garage accommodates two deeded side by side parking spaces. Walking distance to downtown LA's shopping and entertainment including LA Live, Crypto Arena, and more! Unit is virtually staged.

Last Agent to Sell the Property

Lisa Bang

Premier Coastal Realty License #01713310 Listed on: 01/08/2025

Last Buyer's Agent

KEVIN KIM

REDFIN CORPORATION License #02114764

REDFIN CORPORATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 2006

HOA Fees

  • $903 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Gated Parking

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 1,010 Sq Ft Home
  • Great Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Additional Features

  • Heated In Ground Pool
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 5143019124

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, roof maintenance, trash pickup, water, security, clubhouse paid
  • 197 Units
  • Vero HOA, Phone Number (213) 250-4232
  • Vero Community
  • 6-Story Property

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,485

Year Built

Built in 2006

Lot Details

0

HOA Fees

$903 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Cross Street: Lucas
  • Neighborhood: Downtown LA
  • LP / Sq Ft: 544.55
  • Price Per Sq Ft: 544.55
  • SP/ Sq Ft: 544.55
  • Stories: 1 Story
  • Stories In Building: 6
  • Ownership: Condominium, Fee Simple
  • Total Stories: 1
  • Year Built: 2006
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 404
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Counter Top
  • Elevator: Yes
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Great Room, Master Bdrm 2, MBR Entry Level
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1010
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Pool: Below Ground, Community/Common, Heated
  • Roof: Tile/Clay

Garage/Parking

  • Garage Details: Gated, Underground, Garage Door Opener
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Vero
  • Total Fees: 10833.24
  • Total Number of Units: 197
  • Home Owner Association: Vero HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Roof Maintenance, Trash Pickup, Water, Security, Clubhouse Paid
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 902.77
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 213-250-4232
  • Other Fees Payment Frequency: Monthly

Association/Amenities

  • Entry Level Unit: 4

Fee Information

  • Total Monthly Fees: 903
  • Other Fees Reflect: Month

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 5143019124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Mar 3, 2025
Sold by
Bang Family Trust and Bang Karl
Bought by
Kim Minchu
Seller's Agent
Lisa Bang
Premier Coastal Realty
Buyer's Agent
KEVIN KIM
REDFIN CORPORATION
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%
Views
63
Current Estimated Value
$555,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,214
Avg. Annual Appreciation
1.15%
Original Mortgage
$73,000
Outstanding Balance
$72,756
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$480,138

Purchase Details

Closed on
Jun 17, 2019
Sold by
Bang Karl and Bang Elsie
Bought by
Bang Karl and Bang Elise

Purchase Details

Closed on
Nov 14, 2012
Sold by
Chun Sung Ik
Bought by
Bang Karl and Bang Elsie

Purchase Details

Closed on
Dec 3, 2009
Sold by
Min Keongwhan and Min Eun Young
Bought by
Chun Sung Ik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.01%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $550,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $440,000 First American Title Company
Grant Deed $400,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $73,000 New Conventional
Previous Owner $244,000 New Conventional
Previous Owner $248,000 New Conventional
Previous Owner $123,800 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $550,000 0.0% $545 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/26/2025 01/26/25 Price Changed $550,000 -5.2% $545 / Sq Ft
01/08/2025 01/08/25 For Sale $580,000 -- $574 / Sq Ft
Source: San Diego 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 $6,485 $541,815 $307,852 $233,963
2024 $6,485 $531,192 $301,816 $229,376
2023 $6,363 $520,778 $295,899 $224,879
2022 $6,067 $510,568 $290,098 $220,470
2021 $5,988 $500,558 $284,410 $216,148
2019 $5,808 $485,713 $275,975 $209,738
2018 $5,796 $476,190 $270,564 $205,626
2016 $5,540 $457,701 $260,058 $197,643
2015 $5,459 $450,827 $256,152 $194,675
2014 $5,482 $441,997 $251,135 $190,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250000577

San Diego MLS

APN: 5143-019-124