NOT LISTED FOR SALE

311 S Gramercy Place Unit 403 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $976,000 - $1,287,000

3 Beds
2 Baths
1,540 Sq Ft
$398/mo HOA Fee

Last Sold March 10, 2021

Last sale price $880,000 $571 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,914/month

21 Days on Market

Highlights

  • Fitness Center
  • Automatic Gate
  • 0.48 Acre Lot
  • Third Street Elementary School Rated A
  • City Lights View
  • Contemporary Architecture

About This Home

As of March 2021

Luxurious Condo built in 2010 in High Demand Area. Premium Life Style: Prime Location, A Life of Convenience,*Third Street Elementary School District, Larchmont Village * The Grove * Pan Pacific Park. Sophisticated Features:* View the Hollywood Sign from absolutely every window in this designer home situated on the fourth floor* Affordable Layout : Best Layout of the Building,Over sized Window, Double Entry Door,Built-in Closet System,Digital Door Lock, Door Phone and Touch Screen,GE Profile Range Hood, Gas Cook-top, Bosch Dishwasher,Hardwood and Limestone Floors, Sile-stone and Granite Countertops, * 3BD/2BA , Size;1540 sqft *install extra walk-in bathtub, crown molding, closets galore, inside laundry, 2 tandem parking , Balcony , Private Storage in Garage. Luxury Amenities: U-Shaped Building, Panoramic View, Open-Corridor,Eco-Friendly Features,Noise Control Design, Fitness Center, Lobby Lounge, Digital Security,Satellite TV/WiFi in Fitness Room.

Last Agent to Sell the Property

Joon Wook Kim

Dream Realty & Investments Inc License #02085524 Listed on: 01/07/2021

Dream Realty & Investments Inc

Co-Listed By

Erin Kim

Dream Realty & Investments Inc License #01941228

Last Buyer's Agent

Seung Soo "Eric" Min

License #01392922

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,278

Year Built

  • Built in 2010

Lot Details

  • 0.48

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,540 Sq Ft Home
  • City Lights Views
  • Intercom

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5504-024-065

Community Details

Overview

  • 30 Units
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,278

Year Built

Built in 2010

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Gramercy on Third
  • Entry Floor: 4
  • Living Area: 1540
  • Lot Acreage: 0.4835
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 4
  • Year Built: 2010
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Intercom, Microwave, Washer, Garbage Disposal, Range/Oven, Hood Fan
  • Price Per S Q F T: 577.27

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Door Opener, Parking for Guests, Tandem, Gated
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access

Association/Amenities

  • Amenities: Extra Storage, Exercise Room, Elevator, Fitness Center
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 398.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5504-024-065
  • Lot Size Area: 21063

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Kim Jaycee John
Bought by
Kim Jaycee J and Jaycee J Kim Trust
Current Estimated Value
$1,063,260

Purchase Details

Closed on
Sep 6, 2012
Sold by
Kim Tong Ho
Bought by
Kim Jaycee John and Kim Tong Ho

Purchase Details

Closed on
Mar 18, 2011
Sold by
311 Gramercy Llc
Bought by
Kim Tong Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2011
Sold by
Kim Jaycee John
Bought by
Kim Tong Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.02%
Mortgage Type
New Conventional
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
Kim Jaycee J -- None Available
Kim Jaycee John -- None Available
Kim Tong Ho $575,000 Lawyers Title
Kim Tong Ho -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Tong Ho $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $880,000 -1.0% $571 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $889,000 -- $577 / 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 $11,278 $952,538 $492,614 $459,924
2024 $11,278 $933,861 $482,955 $450,906
2023 $11,059 $915,551 $473,486 $442,065
2022 $10,541 $897,600 $464,202 $433,398
2021 $8,145 $680,568 $270,805 $409,763
2020 $8,228 $673,591 $268,029 $405,562
2019 $7,899 $660,384 $262,774 $397,610
2018 $7,878 $647,436 $257,622 $389,814
2016 $7,523 $622,297 $247,619 $374,678
2015 $7,412 $612,950 $243,900 $369,050
2014 $7,440 $600,944 $239,123 $361,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-675774

The MLS

APN: 5504-024-065