2947 W 8th St Unit 1 Los Angeles, CA 90005
Koreatown NeighborhoodEstimated Value: $1,471,000 - $1,615,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                2,015
                Sq Ft
            
            
                
                    $766/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2947 W 8th St Unit 1, Los Angeles, CA 90005 and is currently estimated at $1,544,284, approximately $766 per square foot. 2947 W 8th St Unit 1 is a home located in Los Angeles County with nearby schools including UCLA Community School, Rfk Community Schools-Ambassador-Global Leadership, and Young Oak Kim Academy.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jun 22, 2022
            
        
                Sold by
            
            
                Kap Pong Kim And Chung Suk Kim Revocable
            
        
                Bought by
            
            
                Westmoreland Los Angeles Llc
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Dec 28, 2012
            
        
                Sold by
            
            
                Kim Kap Pong and Kim Chung Suk
            
        
                Bought by
            
            
                Kim Kap Pong and Kim Chung Suk
            
        Purchase Details
                Closed on
            
            
                Jul 16, 2002
            
        
                Sold by
            
            
                Lim Kyung Rye
            
        
                Bought by
            
            
                Kim Kap
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $284,000
            
        
                Interest Rate
            
            
                6.7%
            
        Purchase Details
                Closed on
            
            
                May 30, 2001
            
        
                Sold by
            
            
                Yun Keun
            
        
                Bought by
            
            
                Lim Kyung Rye
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $283,500
            
        
                Interest Rate
            
            
                4.85%
            
        Purchase Details
                Closed on
            
            
                May 14, 1998
            
        
                Sold by
            
            
                Spec Investment Inc
            
        
                Bought by
            
            
                Yun Keun
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $144,000
            
        
                Interest Rate
            
            
                7.13%
            
        Purchase Details
                Closed on
            
            
                Mar 9, 1998
            
        
                Sold by
            
            
                Wells Fargo Bank Na
            
        
                Bought by
            
            
                Spec Investments Inc
            
        Purchase Details
                Closed on
            
            
                Dec 3, 1997
            
        
                Sold by
            
            
                Kyong Sook Hwang
            
        
                Bought by
            
            
                Wells Fargo Bank Na
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Westmoreland Los Angeles Llc | $1,549,000 | Chicago Title | |
| Kim Kap Pong | -- | None Available | |
| Kim Kap | $355,000 | Gateway Title Company | |
| Lim Kyung Rye | $315,000 | First American Title Co | |
| Yun Keun | $180,000 | Fidelity Title | |
| Yun Keun | -- | Fidelity Title | |
| Spec Investments Inc | -- | Fidelity National Title | |
| Wells Fargo Bank Na | $115,000 | North American Title Co | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Kim Kap | $284,000 | |
| Previous Owner | Lim Kyung Rye | $283,500 | |
| Previous Owner | Yun Keun | $144,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $19,426 | $1,611,579 | $1,456,560 | $155,019 | 
| 2024 | $19,426 | $1,579,980 | $1,428,000 | $151,980 | 
| 2023 | $19,054 | $1,549,000 | $1,400,000 | $149,000 | 
| 2022 | $6,120 | $484,484 | $436,726 | $47,758 | 
| 2021 | $6,037 | $474,985 | $428,163 | $46,822 | 
| 2019 | $5,865 | $460,898 | $415,464 | $45,434 | 
| 2018 | $5,726 | $451,862 | $407,318 | $44,544 | 
| 2016 | $5,468 | $434,317 | $391,502 | $42,815 | 
| 2015 | $5,391 | $427,794 | $385,622 | $42,172 | 
| 2014 | $5,416 | $419,415 | $378,069 | $41,346 | 
                Source: Public Records
                    
            
        Map
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