NOT LISTED FOR SALE

Vero Lofts 1234 Wilshire Blvd Unit 511 Los Angeles, CA 90017

Westlake Neighborhood

Estimated Value: $588,000 - $802,000

2 Beds
2 Baths
1,020 Sq Ft
$635/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $590,000 $578 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,276/month

45 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 71,332 Sq Ft lot
  • 24-Hour Security
  • Gated Parking
  • Contemporary Architecture

About This Home

As of June 2015

Luxury condo conveniently located close to 110 FWY. Great amenities including, but not limited to pool, spa, gym, and security. Higher floor with better view (facing South) with a balcony inside the unit. Designated parking right by the elevator.

Last Agent to Sell the Property

Lucia Sung

New Star Realty License #01744766 Listed on: 03/09/2015

Co-Listed By

Helen Kim

Dream Realty & Investments Inc License #01914413

Last Buyer's Agent

Kyujoon Lee

Keller Williams Larchmont License #01333409

Keller Williams Larchmont

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $8,368

Year Built

  • Built in 2006

Lot Details

  • 1.64

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,020 Sq Ft Home
  • Alarm System

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Assigned Parking

Additional Features

  • In Ground Pool
  • 1.64 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5143-019-171

Community Details

Overview

  • 197 Units

Amenities

  • Elevator

Recreation

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Co-Op

Est. Annual Taxes

$8,368

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Vero
  • Entry Floor: 5
  • Living Area: 1020
  • Planned Urban Dev: 0
  • Unit Floor In Building: 5
  • Year Built: 2006
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Stackable W/D Hookup
  • Price Per S Q F T: 587.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Parking Space

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Elevator, Exercise Room, Gated Parking, Pool, Sauna, Security
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 392.88

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5143-019-171
  • Geocode Override: No
  • Lot Size Area: 71332

Multi Family

  • Number Of Units: 197

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Jun 25, 2015
Sold by
Lee Heesung
Bought by
Park Young Bae and Lee Chris Narae
Seller's Agent
Lucia Sung
New Star Realty
Buyer's Agent
Kyujoon Lee
Keller Williams Larchmont
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$647,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,982
Avg. Annual Appreciation
0.93%
Original Mortgage
$413,000
Outstanding Balance
$322,372
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$325,610

Purchase Details

Closed on
Dec 20, 2006
Sold by
Villa Verona Llc
Bought by
Lee Heesung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2006
Sold by
Villa Verona Llc
Bought by
Grewal Gurcharan Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Park Young Bae $590,000 Chicago Title Company
Lee Heesung $515,000 Stewart Title Of Ca Inc
Grewal Gurcharan Singh $505,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Young Bae $38,779
Open Park Young Bae $413,000
Previous Owner Lee Heesung $381,500
Previous Owner Lee Heesung $412,000
Previous Owner Grewal Gurcharan Singh $378,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $590,000 -1.5% $578 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $599,000 -- $587 / 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 $8,368 $709,081 $234,356 $474,725
2024 $8,368 $695,178 $229,761 $465,417
2023 $8,206 $681,548 $225,256 $456,292
2022 $7,822 $668,186 $220,840 $447,346
2021 $7,721 $655,085 $216,510 $438,575
2019 $7,485 $635,656 $210,089 $425,567
2018 $7,469 $623,193 $205,970 $417,223
2016 $7,140 $598,996 $197,973 $401,023
2015 $6,760 $567,000 $187,000 $380,000
2014 -- $469,000 $155,000 $314,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lucia Sung

    New Star Realty

    Section Image

  • H

    Seller Co-Listing Agent in 2015

    Helen Kim

    Dream Realty & Investments Inc

    (213) 385-4989

    2 in this area

    29 Total Sales

    Section Image
  • Kyujoon Lee

    Buyer's Agent in 2015

    Kyujoon Lee

    Keller Williams Larchmont

    (213) 435-3333

    1 in this area

    30 Total Sales

    Section Image
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About Vero Lofts

Map

Source: The MLS

MLS Number: 15-885263

The MLS

APN: 5143-019-171

California Los Angeles County Los Angeles 90017 Westlake

1234 Wilshire Blvd Unit 511, Los Angeles, CA

This home is located at 1234 Wilshire Blvd Unit 511, Los Angeles, CA 90017 since 09 March 2015 and is currently estimated at $647,982, approximately $635 per square foot. This property was built in 2006. 1234 Wilshire Blvd Unit 511 is a home located in Los Angeles County with nearby schools including Esperanza Elementary School, John H. Liechty Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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