NOT LISTED FOR SALE

311 S Gramercy Place Unit 402 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $947,362 - $1,016,000

3 Beds
2 Baths
1,570 Sq Ft
0.48 Acres

Last Sold April 30, 2018

Last sale price $830,000 $529 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,082/month

Highlights

  • Fitness Center
  • Gated Parking
  • City View
  • Third Street Elementary School Rated A
  • Gated Community
  • 0.48 Acre Lot

About This Home

As of April 2024

Highly desirable Hancock Park 3 bedroom condominium is available for lease. 3rd Street Elementary School District is allowed and Built in 2010 with Top Quality Materials. Engineering Wood Floor through out, Tiled Backsplash, Stainless Steel Appliances, Built-In Cabinetry, Digital Door Lock, Door Phone and Screen, Shutters, etc.... Building has Security Entrance, beautifully designed Courtyard with Sitting Area and Water Fountain, Fitness and plenty of Guest Parking, Private storage room in Garage. Take this opportunity to live in Larchmont Village area close to restaurants, market, and Grove.

Last Agent to Rent the Property

Amber Seo Campos

New Star Realty License #02008733 Listed on: 11/09/2023

New Star Realty

Last Renter's Agent

Lilian Han

Dream Realty & Investments Inc License #02033985

Dream Realty & Investments Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,268

Year Built

  • Built in 2010

Lot Details

  • 0.48

Interior Spaces

  • 1,570 Sq Ft Home
  • Dining Area
  • City Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Guest Parking
  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $4,200
  • Tenant pays for gas, move in fee, electricity, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5504-024-064

Community Details

Overview

  • Low-Rise Condominium
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Security

  • Controlled Access
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,268

Year Built

Built in 2010

Lot Details

0

Rental Info

  • Security Deposit: 4200
  • Tenant Pays: Gas, Move In Fee, Electricity, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Low Rise
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1570
  • Lot Acreage: 0.4837
  • Stories: 5
  • Year Built: 2010
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Vented Exhaust Fan, Microwave, Range/Oven, Refrigerator, Gas Dryer Hookup, Garbage Disposal
  • Price Per S Q F T: 2.68

Exterior Features

  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Elevator, Extra Storage, Gated Community, Gated Parking, Guest Parking, Fitness Center

Lot Info

  • Assessor Parcel Number: 5504-024-064
  • Lot Size Area: 21069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Apr 17, 2018
Sold by
Lee Seungjae and Cho Seungmee
Bought by
Kwon Young Soak and Kwon John
Seller's Agent
Wolsoon Han
Sky Commercial Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
Sold Price
$3,800
Current Estimated Value
$980,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$976,791
Avg. Annual Appreciation
2.25%

Purchase Details

Listed on
Oct 25, 2014
Closed on
Dec 8, 2014
Sold by
Yoo Jae Eun
Bought by
Lee Seungjae and Cho Seungmee
Seller's Agent
Edward Oh
Coldwell Banker Realty
Buyer's Agent
Wolsoon Han
Sky Commercial Realty
List Price
$739,000
Sold Price
$739,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%
Original Mortgage
$584,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2011
Sold by
311 Gramercy Llc
Bought by
Yoo Jae Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
4.73%
Mortgage Type
New Conventional
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
Kwon Young Soak $830,000 Chicago Title Company
Lee Seungjae $730,000 Chicago Title Company
Yoo Jae Eun $575,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Seungjae $584,000
Previous Owner Yoo Jae Eun $402,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Rented $4,200 0.0% --
03/04/2024 03/04/24 For Rent $4,200 0.0% --
02/23/2024 02/23/24 Rented $4,200 0.0% --
11/09/2023 11/09/23 For Rent $4,200 +9.1% --
10/19/2022 10/19/22 Rented $3,850 -1.3% --
09/09/2022 09/09/22 For Rent $3,900 +11.4% --
09/30/2021 09/30/21 Rented $3,500 -7.9% --
09/29/2021 09/29/21 Under Contract -- -- --
09/08/2021 09/08/21 For Rent $3,800 0.0% --
09/17/2019 09/17/19 Rented $3,800 0.0% --
09/13/2019 09/13/19 For Rent $3,800 0.0% --
09/11/2019 09/11/19 Off Market $3,800 -- --
08/01/2019 08/01/19 For Rent $3,800 0.0% --
05/17/2018 05/17/18 Rented $3,800 -99.5% --
05/15/2018 05/15/18 Under Contract -- -- --
04/30/2018 04/30/18 Sold $830,000 0.0% $529 / Sq Ft View Prior Sale
04/30/2018 04/30/18 For Rent $3,800 0.0% --
04/16/2018 04/16/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $839,000 +13.5% $534 / Sq Ft
12/10/2014 12/10/14 Sold $739,000 0.0% $471 / Sq Ft View Prior Sale
10/25/2014 10/25/14 For Sale $739,000 -- $471 / 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 $11,268 $944,393 $482,323 $462,070
2024 $11,268 $925,876 $472,866 $453,010
2023 $11,051 $907,723 $463,595 $444,128
2022 $10,536 $889,925 $454,505 $435,420
2021 $10,402 $872,477 $445,594 $426,883
2019 $10,088 $846,600 $432,378 $414,222
2018 $9,275 $771,070 $387,859 $383,211
2016 $8,857 $741,131 $372,799 $368,332
2015 $8,725 $730,000 $367,200 $362,800
2014 $7,442 $600,944 $246,021 $354,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-329795

The MLS

APN: 5504-024-064