NOT LISTED FOR SALE

Estimated Value: $274,000 - $331,000

-- Bed
1 Bath
460 Sq Ft
$244/mo HOA Fee

Last Sold July 02, 2020

Last sale price $260,000 $565 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,229/month

28 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • 0.49 Acre Lot
  • Property is near public transit
  • 3-minute walk to Hope and Peace Park

About This Home

As of July 2020

Live Auction! Bidding to start from $240,000! This classy studio condo opportunity in a historic 1923 construction condo building is perfect for a student, first time home buyer, or as an investment property. Centrally located near Downtown LA, LA Live, the 110 Fwy, the Red & Purple Lines, Echo Park, the Mid-Wilshire District, as well as the USC Village, this studio unit is filled with vintage charm. The open and space efficient 460 sqft layout features original hardwood floors, classic hardwood moldings, detailed vintage hardware, nostalgic bathroom, ample and versatile storage spaces, and tons of natural light. Other unit amenities are wall unit A/C, recessed lighting, gas stove & range, and built-in cabinet & shelves in storage areas. Building amenities include security gate and entry, large vintage lobby with couches, gym, community laundry, and a recreational room. The HOA is investor friendly and dues are reasonable, including all utilities (gas, water, electric and trash.) There are several options for local parking.

Last Agent to Sell the Property

Steve Dempster

Harcourts Prime Properties License #01855591 Listed on: 05/15/2020

Harcourts Prime Properties

Last Buyer's Agent

Steve Dempster

Harcourts Prime Properties License #01855591 Listed on: 05/15/2020

Harcourts Prime Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 1923

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence
  • Rectangular Lot

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Brick Exterior Construction
  • Pre-Cast Concrete Construction
  • Stone Veneer

Interior Spaces

  • 1 Full Bathroom
  • 460 Sq Ft Home
  • Wood Frame Window
  • Loft
  • Wood Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Home Security

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 14 / D
  • Assessor Parcel Number 5141021086

Community Details

Overview

  • 94 Units
  • Glen Donald Association, Phone Number (310) 220-4495

Amenities

  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Ping Pong Table
  • Fitness Center

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,292

Year Built

Built in 1923

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Stove, Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Card/Code Access, Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5141021086
  • Year Built: 1923
  • Special Features: Auction

Interior Features

  • Fireplace: No
  • Living Area: 460.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 565.22
  • Room Type: Loft
  • Window Features: Wood Frames

Exterior Features

  • View: Courtyard
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Brick, Concrete, Stone Veneer

Utilities

  • Utilities: Natural Gas Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Laundry Features: Common Area, Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Paddle Tennis, Gym/Ex Room, Clubhouse, Billiard Room, Recreation Room, Meeting Room, Storage, Electricity, Gas, Trash, Water
  • Association Fee: 244.31
  • Association Fee Frequency: Monthly
  • Association Name: Glen Donald
  • Phone: 310-220-4495
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Glen Donald

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 21307.00
  • Lot Size Acres: 0.4891

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21307.0000 Square Feet
  • Number Of Units In Community: 94
  • Number Of Units Total: 96

Tax Info

  • Tax Block: D
  • Tax Census Tract: 2094.02
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 17, 2020
Sold by
Rubin Joseph
Bought by
Williams Quinntavious Rondarrien
Seller's Agent
Steve Dempster
Harcourts Prime Properties
Buyer's Agent
Steve Dempster
Harcourts Prime Properties
List Price
$240,000
Sold Price
$260,000
Premium/Discount to List
$20,000
8.33%
Current Estimated Value
$312,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,559
Avg. Annual Appreciation
3.21%
Original Mortgage
$247,000
Outstanding Balance
$219,911
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$85,711

Purchase Details

Listed on
May 7, 2014
Closed on
May 22, 2014
Sold by
Fisher Eric Edward
Bought by
Rubin Joseph
Seller's Agent
Chris Kim
Keller Williams Pacific Estate
Buyer's Agent
Frank Casarez
eXp Realty of California Inc
List Price
$129,500
Sold Price
$135,000
Premium/Discount to List
$5,500
4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Aug 16, 2011
Sold by
Lortie Dudasik Diane and Trust #2000
Bought by
Fisher Eric Edward and Kang Angela Kim
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
Williams Quinntavious Rondarrien $260,000 Landwood Title Company
Rubin Joseph $135,000 North American Title Company
Fisher Eric Edward -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Quinntavious Rondarrien $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $260,000 +8.3% $565 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $240,000 +77.8% $522 / Sq Ft
06/06/2014 06/06/14 Sold $135,000 +4.2% $293 / Sq Ft
05/07/2014 05/07/14 For Sale $129,500 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,292 $281,430 $86,593 $194,837
2024 $3,292 $275,913 $84,896 $191,017
2023 $3,230 $270,504 $83,232 $187,272
2022 $3,079 $265,200 $81,600 $183,600
2021 $3,037 $260,000 $80,000 $180,000
2020 $1,794 $151,313 $68,091 $83,222
2019 $1,722 $148,347 $66,756 $81,591
2018 $1,717 $145,440 $65,448 $79,992
2016 $1,721 $139,794 $62,907 $76,887
2015 $1,695 $137,696 $61,963 $75,733
2014 $1,536 $120,700 $54,300 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20091921

California Regional Multiple Listing Service (CRMLS)

APN: 5141-021-086