NOT LISTED FOR SALE

Estimated Value: $657,000 - $866,000

2 Beds
2 Baths
1,234 Sq Ft
$473/mo HOA Fee

Last Sold March 30, 2021

Last sale price $635,000 $515 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,176/month

47 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Little Tokyo-Arts District
  • Primary Bedroom Suite
  • 24-Hour Security
  • No Units Above
  • 2 Acre Lot

About This Home

As of March 2021

Welcome to a bright, spacious, and high ceiling living unit on the top floor overlooking the interior courtyard with a Koi pond surrounded by a lush landscaping. Just this view alone takes you away to a Zen peaceful state within the hustle and bustle of downtown L.A. This condo offers 2 large master suites with carpet flooring and black shade curtains. The north wing suite with a private master bathroom awaits at one end and the south wing suite is adjacent to a full bathroom in the hallway with a stackable washer and dryer set. Bathroom amenities include the Toto brand toilets, shower heads and faucets. Prepare and cook a gourmet meal for your guests in an upgraded kitchen with the back splash on the entire wall, high grade refrigerator, and eat in a cozy dining area. Organize your personal items in the hallway and suites with custom fit closet doors with a lot of storage spaces, install your devices to a clean and practical cable ready for your entertainment in the rooms, and park in the 2 assigned garage spaces conveniently located to the front lobby office entry. Residential amenities include an access to the indoor hot tub, sauna, meeting room usage, and a 24 hour front desk and night security. Conveniently located in the heart of the Little Tokyo district, close proximity to the Japanese cultural shops and restaurants, Metro Gold Line, Arts District, Union Station, Civic Center, and close to the entrances of the Freeways 110 & 101.

Last Agent to Sell the Property

Kihei Otani

First Team Real Estate License #01829562 Listed on: 01/09/2021

First Team Real Estate

Last Buyer's Agent

Kenya Reeves-Costa

Compass License #01734058

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,242

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Landscaped
  • Garden

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Parking Lot

Interior Spaces

  • 1,234 Sq Ft Home
  • Living Room
  • Living Room Balcony
  • Courtyard Views
  • Security Lights
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34047
  • Assessor Parcel Number 5161019145

Community Details

Overview

  • Tokyo Villa HOA, Phone Number (818) 542-6850
  • Jenkins Property HOA
  • Maintained Community
  • 5-Story Property

Amenities

  • Sauna
  • Meeting Room

Recreation

  • Fitness Center
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,242

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$473 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer & Dryer
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: 24 Hour Security, Guarded, Security Lights, Smoke Detector(s)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5161019145
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1234.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Stories: 5
  • Common Walls: 2+ Common Walls, No One Above
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 514.59
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Suite

Exterior Features

  • View: Courtyard
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Sauna, Gym/Ex Room, Meeting Room, Maintenance Grounds, Guard, Security
  • Association Fee: 473.00
  • Association Fee Frequency: Monthly
  • Association Name: Tokyo Villa HOA
  • Phone: (818)542-6850
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Jenkins Property

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: Garden, Landscaped, Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 87076.44
  • Lot Size Acres: 1.9990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.9990 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 34047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2021
Closed on
Mar 9, 2021
Sold by
Otani Kihei and Otani Kimiko Fujita
Bought by
Lin Cindy and Mccormick Gabriel Genannt
Seller's Agent
Kihei Otani
First Team Real Estate
Buyer's Agent
Kenya Reeves-Costa
Compass
List Price
$670,000
Sold Price
$635,000
Premium/Discount to List
-$35,000
-5.22%
Current Estimated Value
$733,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,425
Avg. Annual Appreciation
3.80%
Original Mortgage
$508,000
Outstanding Balance
$458,193
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$288,789

Purchase Details

Closed on
Feb 13, 2008
Sold by
Otani Kihei
Bought by
Otani Kihei and Otani Kimiko Fujita

Purchase Details

Closed on
Oct 8, 1998
Sold by
Honda Janet C
Bought by
Otani Kihei and Otani Kimiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
6.69%
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
Lin Cindy $635,000 Western Resources Title
Otani Kihei -- None Available
Otani Kihei $180,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Cindy $508,000
Previous Owner Otani Kihei $137,685
Previous Owner Otani Kihei $144,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $635,000 -2.3% $515 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $650,000 -3.0% $527 / Sq Ft
01/09/2021 01/09/21 For Sale $670,000 -- $543 / 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 $8,242 $687,342 $534,612 $152,730
2024 $8,242 $673,866 $524,130 $149,736
2023 $8,081 $660,653 $513,853 $146,800
2022 $7,701 $647,700 $503,778 $143,922
2021 $4,124 $338,831 $133,586 $205,245
2020 $4,164 $335,358 $132,217 $203,141
2019 $4,000 $328,783 $129,625 $199,158
2018 $3,989 $322,337 $127,084 $195,253
2016 $3,804 $309,822 $122,150 $187,672
2015 $3,749 $305,169 $120,316 $184,853
2014 $3,766 $299,192 $117,960 $181,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21003269

California Regional Multiple Listing Service (CRMLS)

APN: 5161-019-145