NOT LISTED FOR SALE

12515 Pacific Ave Unit 103 Los Angeles, CA 90066

Mar Vista Neighborhood

Estimated Value: $978,335 - $1,072,000

2 Beds
2 Baths
1,393 Sq Ft
0.32 Acres

Last Sold July 21, 2016

Last sale price $680,000 $488 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,187/month

23 Days on Market

Highlights

  • Primary Bedroom Suite
  • All Bedrooms Downstairs
  • 13,985 Sq Ft lot
  • Venice High School Rated A
  • Gated Parking
  • Two Primary Bathrooms

About This Home

As of July 2016

Architectural archways, elegant custom shutters, & many small touches make this graceful condo a wonderful home. Plus this unit boasts excellent view lines from the kitchen to the dining and living room areas. Elongated private patio runs along the entire west side of the unit. Entertain, garden, or just enjoy the enormous outdoor space. Size matters & this one has size in all the right places: Extremely gracious lobby, double-wide doors into the unit, and 12' tall ceilings inside! Enormous master suite. Walk-in closets (two of them!) plus four more closets and amazing storage throughout. Fireplace in living room. French doors in master to balcony. This is one of the rare units with Side-by-side parking on the West Side of LA, making for easy daily life! Plus it has inside laundry. Great features for daily life & for resale. Pet friendly building. Excellent HOA, well maintained building, reasonable HOA dues. Lobby is accessed through a security phone system an & special security key.

Last Agent to Sell the Property

Naia Waters

Berkshire Hathaway HomeServices California Properties License #01823116 Listed on: 06/02/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Shuhui Hsu

IRN Realty License #01020282

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,648

Year Built

  • Built in 1985

Lot Details

  • 0.32

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Garage Door Opener
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,393 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Custom Window Coverings
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 4235-012-031

Community Details

Overview

  • Association fees include building and grounds
  • 18 Units

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,648

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Royal Pacifica
  • Entry Floor: 1
  • Entry Location: Elevator
  • Living Area: 1393
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Phone System, Storage Space, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, All Bedrooms Down, Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Linen Closet, Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Galley Kitchen
  • Laundry: In Unit, Inside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 484.57
  • Windows: Custom Window Covering

Exterior Features

  • Balcony: Yes
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Exposure: West
  • Patio: Balcony, Patio Open
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Covered Parking, Door Opener, Parking Space, Side By Side

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central, Fireplace
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Controlled Access, Elevator, Extra Storage, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • Association Fees Include: Building and Grounds
  • HOA Fees: 350.00
  • Management Company: self managed
  • Unit Location: 1st flooor

Lot Info

  • Assessor Parcel Number: 4235-012-031
  • Geocode Override: No
  • Lot Size Area: 13985

Multi Family

  • Number Of Units: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2018
Sold by
Kuo Bihning
Bought by
Kuo Frank and Lee Julia Borshan
Current Estimated Value
$1,028,334

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jun 28, 2016
Sold by
Leibow Frances M
Bought by
Kuo Frank and Kuo Bihning
Seller's Agent
Naia Waters
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shuhui Hsu
IRN Realty
List Price
$770,000
Sold Price
$680,000
Premium/Discount to List
-$90,000
-11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%

Purchase Details

Closed on
May 19, 2003
Sold by
Leibow Frances M
Bought by
Leibow Frances M and The Frances M Leibow Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.78%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Leibow Frances M
Bought by
Leibow Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.78%

Purchase Details

Closed on
Jun 11, 2001
Sold by
Leibow Frances M
Bought by
The Frances M Leibow Trust

Purchase Details

Closed on
Jul 26, 1999
Sold by
Tolone Frank S
Bought by
Leibow Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.7%

Purchase Details

Closed on
Nov 21, 1995
Sold by
Pfeffer Anne T
Bought by
Tolone Frank S and Francesco S & Ingrid Tolone Trust
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
Kuo Frank -- None Available
Kuo Frank $680,000 Old Republic Title Company
Leibow Frances M -- Gateway Title
Leibow Frances M -- Gateway Title Company
The Frances M Leibow Trust -- --
The Frances M Leibow Trust -- --
The Frances M Leibow Trust -- --
Leibow Frances M $205,000 United Title Company
Tolone Frank S $222,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leibow Frances M $104,000
Previous Owner Leibow Frances M $100,000
Closed Leibow Frances M $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2016 07/21/16 Sold $680,000 +0.7% $488 / Sq Ft
06/17/2016 06/17/16 Price Changed $675,000 -7.5% $485 / Sq Ft
06/09/2016 06/09/16 Price Changed $730,000 -5.2% $524 / Sq Ft
06/08/2016 06/08/16 For Sale $770,000 +13.2% $553 / Sq Ft
06/07/2016 06/07/16 Off Market $680,000 -- --
06/02/2016 06/02/16 For Sale $770,000 -- $553 / 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 $9,648 $789,192 $510,190 $279,002
2024 $9,648 $773,719 $500,187 $273,532
2023 $9,467 $758,549 $490,380 $268,169
2022 $9,036 $743,676 $480,765 $262,911
2021 $8,923 $729,095 $471,339 $257,756
2019 $8,579 $707,471 $457,359 $250,112
2018 $8,556 $693,600 $448,392 $245,208
2016 $3,412 $266,146 $86,073 $180,073
2015 $3,364 $262,150 $84,781 $177,369
2014 $3,387 $257,016 $83,121 $173,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-130774

The MLS

APN: 4235-012-031