NOT LISTED FOR SALE

214 S Westmoreland Ave Unit 2 Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,291,920 - $1,362,000

2 Beds
2 Baths
990 Sq Ft
$1,341/Sq Ft Est. Value

About This Home

This home is located at 214 S Westmoreland Ave Unit 2, Los Angeles, CA 90004 and is currently estimated at $1,327,480, approximately $1,340 per square foot. 214 S Westmoreland Ave Unit 2 is a home located in Los Angeles County with nearby schools including Commonwealth Avenue Elementary School, Virgil Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2022
Sold by
Gm Development Llc
Bought by
Gm Development Llc
Current Estimated Value
$1,327,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,181,000
Outstanding Balance
$1,404,981
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$8,745

Purchase Details

Closed on
Apr 9, 2018
Sold by
Gahng Paul M
Bought by
Gm Development Llc

Purchase Details

Closed on
Jan 15, 2016
Sold by
Cheng Dennis O
Bought by
Gahng Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 14, 1997
Sold by
Bank Of America Nt & Sa
Bought by
Cheng Dennis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
10.14%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gm Development Llc -- First American Title Company O
Gm Development Llc -- None Available
Gahng Paul M $825,000 Chicago Title Company
Cheng Dennis O $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gm Development Llc $4,181,000
Previous Owner Gm Development Llc $3,050,000
Previous Owner Gahng Paul M $535,000
Previous Owner Cheng Dennis O $220,000
Previous Owner Cheng Dennis O $252,000
Previous Owner Cheng Dennis O $255,000
Previous Owner Cheng Dennis O $30,000
Previous Owner Cheng Dennis O $230,000
Previous Owner Cheng Dennis O $50,000
Previous Owner Cheng Dennis O $174,600
Source: Public Records

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 $11,278 $921,638 $682,696 $238,942
2024 $11,278 $903,567 $669,310 $234,257
2023 $11,067 $885,851 $656,187 $229,664
2022 $10,563 $868,482 $643,321 $225,161
2021 $10,428 $851,454 $630,707 $220,747
2020 $10,532 $842,724 $624,240 $218,484
2019 $10,700 $875,496 $864,884 $10,612
2018 $10,548 $858,330 $847,926 $10,404
2016 $3,369 $261,659 $166,980 $94,679
2015 $3,323 $257,729 $164,472 $93,257
2014 $3,345 $252,682 $161,251 $91,431
Source: Public Records

Map

California Los Angeles County Los Angeles 90004 Koreatown

214 S Westmoreland Ave Unit 2, Los Angeles, CA

This home is located at 214 S Westmoreland Ave Unit 2, Los Angeles, CA 90004 and is currently estimated at $1,327,480, approximately $1,340 per square foot. 214 S Westmoreland Ave Unit 2 is a home located in Los Angeles County with nearby schools including Commonwealth Avenue Elementary School, Virgil Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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