Seller's Agent in 2023
Adam Asherson
Coldwell Banker Realty
(310) 490-4334
1 in this area
13 Total Sales
140 S Gramercy Place Unit 5 Los Angeles, CA 90004
Koreatown NeighborhoodEstimated Value: $877,000 - $1,108,000
3
Beds
2.5
Baths
1,700
Sq Ft
$675/mo
HOA Fee
Highlights
- Rooftop Deck
- City View
- Modern Architecture
- Charles H. Kim Elementary School Rated A-
- Bamboo Flooring
- Loft
About This Home
As of June 2023Tribeca in LA. This modern loft townhouse designed by award winning Assembledge+ Architects is located in prime Hancock Park blocks away from Larchmont Village. The ground level open floorplan boasts 18ft ceilings, polished concrete floors and a wall of glass which allows an abundance of natural light into the shared living space. The modern kitchen with flat wood cabinets, quartz counters and stainless steel appliances features a large peninsula with informal seating. The ground floor also has a guest bathroom, large storage closet and rear entrance leading to the parking garage. The second level was converted from a loft bedroom into two bedrooms with a shared bathroom and convenient in unit laundry. The upper level is a light filled primary suite with luxurious bathroom and an oversize custom fitted closet. There is a spiral staircase leading to a spacious private roof top terrace that features 360 degree views including head on Hollywood sign and DTLA. This is a coveted newer construction architectural building with controlled access, two individual parking spaces and elevator to the ground floor. This a rare opportunity in one of the most desirable and historic areas of the city with nearby shopping and dining on Larchmont Village and convenient access to DTLA and Hollywood.
Last Agent to Sell the Property
Coldwell Banker Realty License #01928064 Listed on: 05/12/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,366
Year Built
- Built in 2009 | Remodeled
Lot Details
- South Facing Home
- Gated Home
- Wrought Iron Fence
- Drip System Landscaping
HOA Fees
- $675 Monthly HOA Fees
Home Design
- Modern Architecture
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 1,700 Sq Ft Home
- 3-Story Property
- High Ceiling
- Loft
- City Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Bamboo
- Concrete
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Covered Spaces
- Assigned Parking
Outdoor Features
- Rooftop Deck
Utilities
- Air Conditioning
- Central Heating
- Property is located within a water district
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 5516-022-059
Community Details
Overview
- Association fees include water
- 7 Units
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2023
Closed on
Jun 28, 2023
Sold by
Backer Louis Michael and Bendetson Eliana
Bought by
Blacker Louis and Bendetson Eliana
Seller's Agent
Adam Asherson
Coldwell Banker Realty
Buyer's Agent
Derek Black
Coldwell Banker Realty
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,348
Avg. Annual Appreciation
0.37%
Original Mortgage
$726,200
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 12, 2023
Closed on
Jun 8, 2023
Sold by
David And Cheryl Trust
Bought by
Blacker Louis Michael and Bendetson Eliana
Seller's Agent
Adam Asherson
Coldwell Banker Realty
Buyer's Agent
Derek Black
Coldwell Banker Realty
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%
Views
154
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2011
Sold by
Gramercy 7 Lofts Llc
Bought by
First Citizens Bank & Trust Company
Purchase Details
Closed on
Sep 28, 2010
Sold by
Gramercy 7 Lofts Llc
Bought by
Greenberg Thomas R
Purchase Details
Closed on
Aug 10, 2007
Sold by
Thompson David and Thompson Jamie
Bought by
Gramercy 7 Lofts Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,095,000
Interest Rate
6.74%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 6, 2006
Sold by
Lee Kevin and Southerland Deborah Lee
Bought by
Gramercy 7 Lofts Llc
Purchase Details
Closed on
Sep 20, 2005
Sold by
Listro Paul and Parent Richard
Bought by
Thompson David and Thompson Jamie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 25, 2002
Sold by
Choe Byong Hee
Bought by
Listro Paul and Parent Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.62%
Purchase Details
Closed on
Sep 27, 2001
Sold by
Choe Pyong Sen
Bought by
Choe Byong Hee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.5%
Purchase Details
Closed on
Mar 18, 1994
Sold by
Kim Seung Il and Kim Kyung Hae
Bought by
Choe Pyong Sen and Choe Byong Hee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.21%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blacker Louis | -- | None Listed On Document | |
| Blacker Louis Michael | $915,000 | Fidelity National Title | |
| First Citizens Bank & Trust Company | $539,200 | Stewart Title | |
| Greenberg Thomas R | $580,000 | Chicago Title | |
| Gramercy 7 Lofts Llc | -- | Chicago Title Co | |
| Gramercy 7 Lofts Llc | -- | None Available | |
| Gramercy 7 Lofts Llc | -- | None Available | |
| Gramercy 7 Lofts Llc | -- | None Available | |
| Thompson David | -- | California Title Company | |
| Listro Paul | $395,000 | First American Title Co | |
| Choe Byong Hee | -- | North American Title Co | |
| Choe Pyong Sen | $172,500 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blacker Louis | $718,000 | |
| Closed | Blacker Louis Michael | $726,200 | |
| Previous Owner | Gramercy 7 Lofts Llc | $4,095,000 | |
| Previous Owner | Thompson David | $570,500 | |
| Previous Owner | Thompson David | $560,000 | |
| Previous Owner | Listro Paul | $316,000 | |
| Previous Owner | Choe Byong Hee | $304,000 | |
| Previous Owner | Choe Pyong Sen | $138,000 | |
| Closed | Listro Paul | $39,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $915,000 | +1.8% | $538 / Sq Ft |
| 05/19/2023 05/19/23 | Pending | -- | -- | -- |
| 05/12/2023 05/12/23 | For Sale | $899,000 | -- | $529 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $11,366 | $951,965 | $548,602 | $403,363 |
| 2024 | $11,366 | $933,300 | $537,846 | $395,454 |
| 2023 | $8,740 | $714,217 | $430,994 | $283,223 |
| 2022 | $8,333 | $700,214 | $422,544 | $277,670 |
| 2021 | $8,225 | $686,485 | $414,259 | $272,226 |
| 2019 | $7,977 | $666,125 | $401,973 | $264,152 |
| 2018 | $7,946 | $653,065 | $394,092 | $258,973 |
| 2017 | $7,774 | $640,261 | $386,365 | $253,896 |
| 2016 | $7,593 | $627,708 | $378,790 | $248,918 |
| 2015 | $7,482 | $618,281 | $373,101 | $245,180 |
| 2014 | $7,510 | $606,171 | $365,793 | $240,378 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Asherson
-
Derek Black
D
Buyer's Agent in 2023
Derek Black
Coldwell Banker Realty
(760) 840-7081
1 in this area
8 Total Sales
Map
Source: The MLS
MLS Number: 23-269899
APN: 5516-022-059
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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