NOT LISTED FOR SALE

Estimated Value: $406,000 - $516,000

2 Beds
2 Baths
970 Sq Ft
$585/mo HOA Fee

Last Sold April 28, 2017

Last sale price $479,000 $494 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,561/month

4 Days on Market

Highlights

  • Guest House
  • Koi Pond
  • 24-Hour Security
  • Fitness Center
  • Guarded Parking
  • Heated Spa

About This Home

As of April 2017

TERAMACHI is a LUXURY SENIOR(55+) Condominium located in the heart of DTLA's Historic Little Tokyo. This unit is nestled in a PREMIUM location with QUIET and SERENE courtyard view and EASY ACCESS to elevator. As you come into this 2 BED/2 FULL BATH home, you will be invited into the OPEN and AIRY living room with NATURAL LIGHTS coming from the GENEROUS sized VIEW BALCONY equipped with a storage closet. GOURMET KITCHEN with GRANITE countertops and STAINLESS STEEL appliances, Breakfast Bar and a Dining Area complements this unit. The MASTER SUITE comes with a WALK-IN CLOSET and SPACIOUS Bathroom. Additional features include CENTRAL AC/HEAT, Inside Laundry with FULL SIZE Washer and Dryer, mirrored glass sliding door with shelving system and 1 SECURE Indoor Parking Space. The community features Amenities for the Sophisticated Adult Lifestyle including SPARKLING Indoor/Outdoor Pool with Sun Deck, Spa, State of the Art Fitness Center, and a LUXURIOUS 2-story Community Room with CATERING KITCHEN, Flat Screen TVs, Billiards, Lounge and Community BBQ grills. The Central Courtyard features Koi Pond, Fountains, Waterfalls and a Zen Garden. Guests will be welcomed by a 24 HOUR ON SITE SECURITY in the Lobby with PLENTY of Guest Parking. Special Overnight Guest Lounges are also available for your convenience. Close to Little Tokyo shops & restaurants, Disney Hall, MOCA, Dodger Stadium, Union Station, Staples Center and the hipsy Art District. COME SEE THIS PRISTINE MUST SEE HOME!

Last Agent to Sell the Property

Christopher Pak

T.N.G. Real Estate Consultants License #01519937 Listed on: 04/12/2017

Last Buyer's Agent

Olivia Noh

Compass License #01257585

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 2006

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking
  • Guest Parking
  • Parking Lot
  • Assigned Parking
  • Guarded Parking
  • Controlled Entrance

Property Views

  • City Lights
  • Pool
  • Neighborhood
  • Courtyard

Home Design

  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 970 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Track Lighting
  • Blinds
  • Window Screens
  • Entryway
  • Family Room Off Kitchen
  • Living Room Balcony
  • Combination Dining and Living Room
  • Home Office
  • Carpet
  • Closed Circuit Camera

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Spa
  • Koi Pond
  • Exterior Lighting

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53558
  • Assessor Parcel Number 5161025105

Community Details

Overview

  • Active Adult
  • Little Tokyo Teramachi Owners Association, Phone Number (213) 613-9788
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,685

Year Built

Built in 2006

Lot Details

0

HOA Fees

$585 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Gated with Guard, Guarded, Resident Manager, Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5161025105
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 970.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Living Room Balcony, Open Floorplan, Track Lighting, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 493.81
  • Room Type: Entry, Guest/Maid's Quarters, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office, Walk-In Closet
  • Spa Features: Association, Heated
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Granite Counters, Linen Closet/Storage
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Other Structures: Guest House
  • Exterior Features: Koi Pond, Lighting
  • View: City Lights, Courtyard, Neighborhood, Pool
  • Fence: No
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Gated, Guarded, Guest, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, In Closet, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Clubhouse Paid, Maintenance Grounds, Guard, Security, Controlled Access
  • Association Fee: 585.00
  • Association Fee Frequency: Monthly
  • Association Name: LITTLE TOKYO TERAMACHI OWNERS ASSOCIATION
  • Phone: (213) 613-9788
  • Senior Community: Yes
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 64558.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2062.00
  • Tax Lot: 1
  • Tax Tract Number: 53558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Apr 17, 2017
Sold by
Bang Calvin C
Bought by
Takakura Yasunori and Takakura Kazuko
Seller's Agent
Christopher Pak
T.N.G. Real Estate Consultants
Buyer's Agent
Olivia Noh
Compass
List Price
$478,888
Sold Price
$479,000
Premium/Discount to List
$112
0.02%
Current Estimated Value
$456,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,706
Avg. Annual Appreciation
-0.57%

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 3, 2015
Sold by
Rhee Jenifer Y
Bought by
Bang Calvin C and Bang Jennie J
Seller's Agent
Hey Park
One Properties
Buyer's Agent
Paul Chung
Apple Properties & Assets Inc.
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$352,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2012
Sold by
Little Tokyo Teramachi Ventures Llc
Bought by
Rhee Jenifer Y
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
Takakura Yasunori $479,000 First American Title Company
Bang Calvin C $440,000 Lawyers Title Co
Rhee Jenifer Y $310,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bang Calvin C $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2017 04/28/17 Sold $479,000 0.0% $494 / Sq Ft
04/12/2017 04/12/17 For Sale $478,888 +8.8% $494 / Sq Ft
03/30/2015 03/30/15 Sold $440,000 -2.0% $413 / Sq Ft View Prior Sale
02/05/2015 02/05/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $449,000 -- $421 / 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 $6,685 $555,913 $310,453 $245,460
2024 $6,685 $545,014 $304,366 $240,648
2023 $6,554 $534,329 $298,399 $235,930
2022 $6,244 $523,853 $292,549 $231,304
2021 $6,166 $513,582 $286,813 $226,769
2019 $5,978 $498,351 $278,307 $220,044
2018 $5,962 $488,580 $272,850 $215,730
2016 $5,423 $446,709 $231,578 $215,131
2015 $3,961 $323,979 $120,499 $203,480
2014 $3,979 $317,634 $118,139 $199,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17071220

California Regional Multiple Listing Service (CRMLS)

APN: 5161-025-105