NOT LISTED FOR SALE

2811 Francis Ave Unit 305 Los Angeles, CA 90005

Westlake Neighborhood

Estimated Value: $434,000 - $548,000

1 Bed
1 Bath
720 Sq Ft
$265/mo HOA Fee

Last Sold August 21, 2019

Last sale price $415,000 $576 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,353/month

11 Days on Market

Highlights

  • City Lights View
  • 13,515 Sq Ft lot
  • Elevator
  • UCLA Community School Rated A-
  • Contemporary Architecture
  • Balcony

About This Home

As of August 2019

Perfectly situated in a highly coveted neighborhood, close to your everyday needs, parks, markets, local eateries, and easy access to all major freeways and transportation. Minutes to Korea-town, DTLA, Staples Center and all that the wonderful City of Los Angeles has to offer. From the moment you enter you'll be greeted by an inviting open and spacious floor plan. NW corner and Top floor unit and has Two(2) assigned parking spaces. Featuring Open Floor Plan with Bright and Airy Living & Dining area has large balcony with glass sliding doors. Offering Hardwood laminated floor throughout mixed with tile for kitchen and bathroom. Spacious bedroom, fireplace in living room, washer and dryer hookup in unit. Modern designed building has easy access to underground gated parking. Low HOA $265/Mo. So convenience!

Last Agent to Sell the Property

Sukyoung Lee

Redpoint Realty License #01891854 Listed on: 07/18/2019

Last Buyer's Agent

Michael Lau

ESTATES ROYALE License #01951490

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,435

Year Built

  • Built in 2006

Lot Details

  • 0.31

HOA Fees

  • $265 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 720 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Alarm System

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Disposal

Flooring

  • Laminate
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5077-022-055

Community Details

Overview

  • 24 Units

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,435

Year Built

Built in 2006

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Francis Manor
  • Entry Floor: 3
  • Living Area: 720
  • Planned Urban Dev: 0
  • Stories: 4
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Tile, Travertine
  • Appliances: Cooktop - Gas, Gas/Electric Range, Microwave, Range Hood
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Low Flow Shower(s), Low Flow Toilet(s), Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Laundry: In Living Room, In Unit
  • Total Bathrooms: 1.00
  • Equipment: Alarm System, Cable, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 581.94
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

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

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Controlled Access, Elevator, Guest Parking
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 5077-022-055
  • Geocode Override: No
  • Lot Size Area: 13515

Multi Family

  • Number Of Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2020
Sold by
Hong Jacob
Bought by
Hong Jacob and Nam Byeol
Current Estimated Value
$501,086

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jul 25, 2019
Sold by
Todd Ashley R and Todd Cheryl R
Bought by
Hong Jacob
Seller's Agent
Sukyoung Lee
Redpoint Realty
Buyer's Agent
Michael Lau
ESTATES ROYALE
List Price
$419,000
Sold Price
$415,000
Premium/Discount to List
-$4,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$373,500
Outstanding Balance
$326,406
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$174,680

Purchase Details

Closed on
Sep 16, 2016
Sold by
Todd Ashley R
Bought by
Todd Ashley R and Todd Cheryl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2014
Closed on
Oct 3, 2014
Sold by
Choi Hyun Suck
Bought by
Todd Cheryl R and Todd Ashley R
Seller's Agent
Miae Edlund
T.N.G. Real Estate Consultants
Buyer's Agent
Gabriela Araujo
TruLine Realty
List Price
$329,900
Sold Price
$299,000
Premium/Discount to List
-$30,900
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$239,200
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2014
Closed on
Sep 10, 2014
Sold by
Todd Jeffry H
Bought by
Todd Cheryl R
Seller's Agent
Miae Edlund
T.N.G. Real Estate Consultants
Buyer's Agent
Gabriela Araujo
TruLine Realty
List Price
$329,900
Sold Price
$299,000
Premium/Discount to List
-$30,900
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
Cho Ok Kyu
Bought by
Choi Hyun Suck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2009
Sold by
Huh In Woong
Bought by
Cho Ok Kyu

Purchase Details

Closed on
Mar 2, 2009
Sold by
Dai Ji Construction Llc
Bought by
Huh In Woong
Source: Public Records

Range of Values:

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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
Hong Jacob -- None Available
Hong Jacob $415,000 Provident Title Company
Todd Ashley R -- North American Title Co Inc
Todd Cheryl R $299,000 Title 365
Todd Cheryl R -- Title 365
Choi Hyun Suck $218,000 Chicago Title Co San Diego
Cho Ok Kyu -- Chicago Title Company
Huh In Woong -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Jacob $373,500
Previous Owner Todd Ashley R $233,000
Previous Owner Todd Cheryl R $239,200
Previous Owner Choi Hyun Suck $163,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2019 08/21/19 Sold $415,000 -1.0% $576 / Sq Ft
07/18/2019 07/18/19 For Sale $419,000 0.0% $582 / Sq Ft
08/07/2017 08/07/17 Rented $1,600 -5.9% --
07/27/2017 07/27/17 For Rent $1,700 0.0% --
10/08/2014 10/08/14 Sold $299,000 -0.3% $415 / Sq Ft View Prior Sale
09/03/2014 09/03/14 Price Changed $299,900 -3.2% $417 / Sq Ft
07/10/2014 07/10/14 Price Changed $309,900 -6.1% $430 / Sq Ft
06/25/2014 06/25/14 For Sale $329,900 -- $458 / 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 $5,435 $453,856 $300,093 $153,763
2024 $5,435 $444,958 $294,209 $150,749
2023 $5,333 $436,235 $288,441 $147,794
2022 $5,085 $427,683 $282,786 $144,897
2021 $5,020 $419,298 $277,242 $142,056
2020 $5,071 $415,000 $274,400 $140,600
2019 $3,791 $322,136 $190,265 $131,871
2018 $3,777 $315,821 $186,535 $129,286
2016 $3,608 $303,559 $179,293 $124,266
2015 $3,554 $299,000 $176,600 $122,400
2014 $2,796 $229,547 $102,348 $127,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-490672

The MLS

APN: 5077-022-055