NOT LISTED FOR SALE

2811 Francis Ave Unit 106 Los Angeles, CA 90005

Westlake Neighborhood

Estimated Value: $519,000 - $743,000

2 Beds
2 Baths
940 Sq Ft
$265/mo HOA Fee

Last Sold June 23, 2017

Last sale price $430,000 $457 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,866/month

14 Days on Market

Highlights

  • Automatic Gate
  • 13,515 Sq Ft lot
  • Elevator
  • UCLA Community School Rated A-
  • Modern Architecture
  • Balcony

About This Home

As of June 2017

This complex was built in 2006. Modernized condo 2 Beds + 2 Baths in Mid-Wilshire Area. This unit boasts a great floor plan, with a separated bedroom scheme. Washer and dryer hook-ups are inside the unit. The open-concept floor plan allows for views of the fireplace and TV from the living, dining and kitchen spaces, ideal for entertaining guests. The unit comes with 2 assigned tandem parking spaces.

Last Agent to Sell the Property

Dong Jick Lee

Ivy Realty Co. License #01872719 Listed on: 04/28/2017

Last Buyer's Agent

Sean Hamm

SP Residential Inc License #01877374

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,897

Year Built

  • Built in 2006

Lot Details

  • 0.31

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Mid Level
  • Modern Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 940 Sq Ft Home
  • 4-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

Parking

  • 2 Car Garage
  • Tandem Parking
  • Automatic Gate
  • Assigned Parking

Additional Features

  • Balcony
  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5077-022-040

Community Details

Overview

  • 24 Units

Amenities

  • Elevator

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,897

Year Built

Built in 2006

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: Mid Level, One
  • Street Number Display: Yes
  • Complex Name: Francis Manor
  • Entry Floor: 2
  • Living Area: 940
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Living Room, Inside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Gas Dryer Hookup, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 467.02

Exterior Features

  • Direction Faces: West
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Garage - 2 Car, Tandem

Utilities

  • Cooling: Air Conditioning, Central, Electric
  • Earth Quake Ins: 0
  • Heating: Central, Electric
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System

Association/Amenities

  • Amenities: Elevator, Gated Parking
  • Pet Rules: Assoc Pet Rules, Call, Size Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 265.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5077-022-040
  • Geocode Override: No
  • Lot Size Area: 13515

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 12, 2017
Sold by
Lee Michael Soongjoon
Bought by
Hwang Sunsook
Seller's Agent
Dong Jick Lee
Ivy Realty Co.
Buyer's Agent
Sean Hamm
SP Residential Inc
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Current Estimated Value
$591,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,130
Avg. Annual Appreciation
3.88%
Original Mortgage
$344,000
Outstanding Balance
$286,371
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$304,759

Purchase Details

Listed on
Jul 25, 2012
Closed on
Aug 21, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Michael Soongjoon
Seller's Agent
Ron Cooper
R.S. Cooper & Assocs Realty
Buyer's Agent
Dong Jick Lee
Ivy Realty Co.
List Price
$258,500
Sold Price
$270,000
Premium/Discount to List
$11,500
4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$170,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2010
Sold by
Kim Hyong Chul
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 14, 2010
Sold by
Kim Hyong Chul
Bought by
Jung Hwang J and Seo Myung Seok

Purchase Details

Closed on
May 26, 2010
Sold by
Kim Hyong Chul
Bought by
B & S Property

Purchase Details

Closed on
Jul 21, 2007
Sold by
Dai Ji Construction Llc
Bought by
Kim Hyong Chul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,100
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Hwang Sunsook $430,000 Provident Title Company
Lee Michael Soongjoon $270,000 First American Title Company
Federal Home Loan Mortgage Corporation $192,000 Accommodation
Jung Hwang J -- None Available
B & S Property -- None Available
Kim Hyong Chul $419,000 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Sunsook $344,000
Previous Owner Lee Michael Soongjoon $170,000
Previous Owner Kim Hyong Chul $377,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2017 06/23/17 Sold $430,000 -2.1% $457 / Sq Ft
05/12/2017 05/12/17 Price Changed $439,000 -1.3% $467 / Sq Ft
04/28/2017 04/28/17 For Sale $445,000 +64.8% $473 / Sq Ft
09/24/2012 09/24/12 Sold $270,000 +4.4% $287 / Sq Ft View Prior Sale
08/13/2012 08/13/12 Pending -- -- --
07/25/2012 07/25/12 For Sale $258,500 -- $275 / 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 $5,897 $499,044 $303,258 $195,786
2024 $5,897 $489,260 $297,312 $191,948
2023 $5,785 $479,668 $291,483 $188,185
2022 $5,514 $470,264 $285,768 $184,496
2021 $5,441 $461,044 $280,165 $180,879
2019 $5,275 $447,371 $271,856 $175,515
2018 $5,258 $438,600 $266,526 $172,074
2016 $3,430 $280,860 $119,106 $161,754
2015 $3,380 $276,642 $117,317 $159,325
2014 $3,398 $271,224 $115,019 $156,205
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dong Jick Lee

    Ivy Realty Co.

    Section Image

  • S

    Buyer's Agent in 2017

    Sean Hamm

    SP Residential Inc

    (213) 389-5888

    9 Total Sales

    Sean Hamm
    Section Image

  • R

    Seller's Agent in 2012

    Ron Cooper

    R.S. Cooper & Assocs Realty

    (323) 290-4040

    13 Total Sales

    Ron Cooper
    Section Image
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Map

Source: The MLS

MLS Number: 17-213130

The MLS

APN: 5077-022-040

California Los Angeles County Los Angeles 90005 Westlake

2811 Francis Ave Unit 106, Los Angeles, CA

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