NOT LISTED FOR SALE

Estimated Value: $1,849,000 - $3,798,000

4 Beds
4 Baths
3,009 Sq Ft
$828/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,540,000 $512 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $14,939/month

Highlights

  • Wood Flooring
  • Granite Countertops
  • Built-In Features
  • Charles H. Kim Elementary School Rated A-
  • 4 Car Attached Garage
  • Walk-In Closet

About This Home

As of June 2021

A rare 4 bedroom / 4 bathroom, 2 story home for rent in prime Koreatown, Los Angeles. Located in the Hancock Park-Wilshire area, this spacious 3,009 sf home has an open floorplan and is fully gated for privacy. This home boasts an updated kitchen with a large center island, Granite kitchen countertops and Stainless Steel appliances. Separate dining area, living space and a generously sized en-suite bedroom on the first floor. Small flight of stairs leads to the second floor that opens up to a large space that can be transformed into a 2nd family living room, office space, children's play space and/or a gym. The master suite on the second floor features a luxurious bathroom with walk-in shower, jet bath tub and a custom built walk in-closet. The house sits on a 8,998 sf lot with a private driveway and an electric gate. The back lot holds a very private open space for outdoor entertainment, dining, parking space for 2 -3 cars with even more parking space in the detached two car garage. Conveniently located near public transportation, restaurants, markets and stores. Short distance to Larchmont Village, the Grove, Downtown LA and much more!

Last Agent to Rent the Property

Hyuk Kwon

eXp Realty of Greater Los Angeles License #02066792 Listed on: 05/01/2021

eXp Realty of Greater Los Angeles

Last Renter's Agent

Jason Perez

Compass License #01992142

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,098

Year Built

  • Built in 1917 | Remodeled

Lot Details

  • 8,998 Sq Ft Lot
  • Lot Dimensions are 60x150
  • East Facing Home
  • Gated Home
  • Property is zoned LAR1

Parking

  • 4 Car Attached Garage

Home Design

  • Bungalow

Interior Spaces

  • 3,009 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room on Second Floor
  • Dining Area

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $6,800
  • Tenant pays for gas, water, trash collection, insurance, electricity, cable TV
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5516-024-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,098

Year Built

Built in 1917 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Paid By: Tenant
  • Pet Deposit: 500.00
  • Not Included In Rent: Water, Trash, Sewer, Electricity and Gas
  • Rent Excludes: Water, Trash, Sewer, Electricity and Gas
  • Rent Includes: Gardener
  • Security Deposit: 6800
  • Tenant Pays: Gas, Water, Trash Collection, Insurance, Electricity, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: A rare 4 bedroom / 4 bathroom, 2 story home for rent in prime Koreatown, Los Angeles. Located in the Hancock Park-Wilshire area, this spacious 3,009 sf home has an open floorplan and is fully gated for privacy. This home boasts an updated kitchen with a large center island, Granite kitchen countertops and Stainless Steel appliances. Separate dining area, living space and a generously sized en-suite bedroom on the first floor. Small flight of stairs leads to the second floor that opens up to a large space that can be transformed into a 2nd family living room, office space, kids play space and/or a gym. The master suite on the second floor features a luxurious bathroom with walk-in shower, jet bath tub and a custom built walk in-closet. The house sits on a 8,998 sf lot with a private driveway and an electric gate. The back lot holds a very private open space for outdoor entertainment, din
  • Lease Terms: 1-Year
  • Living Area: 3009
  • Lot Acreage: 0.2066
  • Lot Dimensions: 60x150
  • Monthto Month: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1917
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Range Hood, Oven-Gas
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Granite Counters, Island
  • Laundry: In Closet
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Built-Ins, Range/Oven, Refrigerator, Garbage Disposal, Washer
  • Price Per S Q F T: 2.26

Exterior Features

  • Direction Faces: East
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5516-024-023
  • Lot Size Area: 8998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Apr 19, 2021
Sold by
Kyu Sung Joshua Hong and Jung Hee
Bought by
Hong Youngkwon and Lee Sunju
Seller's Agent
Hyuk Kwon
eXp Realty of Greater Los Angeles
Buyer's Agent
Jason Perez
Compass
Sold Price
$6,800
Current Estimated Value
$2,491,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,485,161
Avg. Annual Appreciation
11.48%
Original Mortgage
$1,078,000
Outstanding Balance
$973,303
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,518,658

Purchase Details

Listed on
Dec 22, 2013
Closed on
Mar 13, 2014
Sold by
Kim Jongbae
Bought by
Sung Joshua Hong Kyu and Seo Hee Jung
Seller's Agent
Young Choi
Dream Realty & Investments Inc
Buyer's Agent
Alexis Kim
Keller Williams Larchmont
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$625,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2012
Sold by
Suh Jannifer Chung
Bought by
Kim Jongbae and Kim Sunok

Purchase Details

Closed on
May 11, 2011
Sold by
Jna Management Inc
Bought by
Suh Jannifer Chung

Purchase Details

Closed on
Aug 30, 2010
Sold by
Suh Jannifer Chung
Bought by
Jna Management Inc

Purchase Details

Closed on
May 15, 2000
Sold by
Suh Jin Gun
Bought by
Suh Jannifer Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
7.8%

Purchase Details

Closed on
Apr 20, 2000
Sold by
In Kyun Im
Bought by
Suh Jannifer Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
7.8%

Purchase Details

Closed on
Dec 1, 1999
Sold by
In Kyun Im
Bought by
Im Soon Kyun

Purchase Details

Closed on
Jan 21, 1998
Sold by
Chase Bank Of Texas Na
Bought by
Im In Kyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,235
Interest Rate
4.95%

Purchase Details

Closed on
Apr 16, 1997
Sold by
Park Dong S
Bought by
Texas Commerce Bank National Assn

Purchase Details

Closed on
Jan 3, 1997
Sold by
Park Sang R
Bought by
Jeon Jong Soon

Purchase Details

Closed on
Feb 24, 1994
Sold by
California Federal Bank
Bought by
Park Dong Shin and Park Sang Ran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.75%
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
Hong Youngkwon $1,540,000 Lawyers Title
Sung Joshua Hong Kyu $935,000 Chicago Title Company
Kim Jongbae $500,000 Facola
Suh Jannifer Chung -- None Available
Jna Management Inc -- None Available
Suh Jannifer Chung -- First American Title Co
Suh Jannifer Chung $407,000 First American Title Co
Im In Kyun -- First American Title Co
Im Soon Kyun -- Chicago Title
Im In Kyun $265,000 First American Title Co
Texas Commerce Bank National Assn $229,733 First Southwestern Title
Jeon Jong Soon -- --
Park Dong Shin $265,000 Southern California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Youngkwon $1,078,000
Previous Owner Sung Joshua Hong Kyu $625,000
Previous Owner Suh Jannifer Chung $325,600
Previous Owner Im In Kyun $238,235
Previous Owner Park Dong Shin $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2021 06/06/21 Rented $6,800 0.0% --
05/19/2021 05/19/21 Under Contract -- -- --
05/01/2021 05/01/21 For Rent $6,800 0.0% --
04/30/2021 04/30/21 Sold $1,540,000 -3.7% $512 / Sq Ft View Prior Sale
03/09/2021 03/09/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $1,599,900 +3.9% $532 / Sq Ft
11/04/2020 11/04/20 Off Market $1,540,000 -- --
10/23/2020 10/23/20 For Sale $1,599,900 +71.1% $532 / Sq Ft
03/21/2014 03/21/14 Sold $935,000 -1.6% $347 / Sq Ft View Prior Sale
12/31/2013 12/31/13 Pending -- -- --
12/31/2013 12/31/13 For Sale $950,000 +1.6% $352 / Sq Ft
12/25/2013 12/25/13 Off Market $935,000 -- --
12/22/2013 12/22/13 For Sale $950,000 -- $352 / 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 $20,098 $1,666,945 $1,082,432 $584,513
2024 $20,098 $1,634,260 $1,061,208 $573,052
2023 $19,712 $1,602,216 $1,040,400 $561,816
2022 $18,801 $1,570,800 $1,020,000 $550,800
2021 $12,914 $1,058,890 $668,177 $390,713
2020 $13,044 $1,048,033 $661,326 $386,707
2019 $12,532 $1,027,484 $648,359 $379,125
2018 $12,375 $1,007,339 $635,647 $371,692
2016 $11,743 $968,224 $610,965 $357,259
2015 $11,571 $953,681 $601,788 $351,893
2014 $7,708 $614,778 $512,315 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-726158

The MLS

APN: 5516-024-023