NOT LISTED FOR SALE

Estimated Value: $247,000 - $395,000

1 Bed
1 Bath
378 Sq Ft
$233/mo HOA Fee

Last Sold September 16, 2021

Last sale price $310,000 $820 Per Sq Ft

Current estimated payment $2,252/month

81 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Gated Community
  • UCLA Community School Rated A-
  • Automatic Gate
  • 1.01 Acre Lot

About This Home

As of September 2021

Say Hello to Home! This cozy, fully remodeled condo is located in a prime location. In the heart of Korea Town and four blocks from Wilshire in one of the hottest neighborhoods in Los Angeles! Everyone likes new stuff right? Well, this unit features new luxury vinyl plank flooring, fresh paint, new kitchen cabinets and premium quartz countertops, new modern backsplash, new kitchen and bath sinks, new premium faucets, new light fixtures, and stainless steel appliances. This condo is located in the highly coveted Garden Villas which features a serene courtyard, ample entertaining space, and an in-ground spa ready for use! Also on the ground floor is the gym room where owners can conveniently exercise in the privacy of their own complex. The unit is move-in-ready. Move in, unpack, decorate to make it your own and your done! It's the perfect starter home and/or rental property. This residence also offers a short commute to Downtown LA, Staples, LA Live on the East, and Hollywood, The Grove, Beverly Hills on the West. Easy access to public transportation i.e. Light Rail Metro Station, Buses and freeway. HOA fee is very LOW, especially considering that it covers Earthquake Insurance, Building Fire Insurance, Water, Trash, and Common area Maintenance.

Last Agent to Sell the Property

KHALIEF BROWN

Sanctuary License #01942955 Listed on: 04/22/2021

Last Buyer's Agent

Sean Curts

Aviara Real Estate License #01496255

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 1.01

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Automatic Gate
  • Parking Lot
  • Assigned Parking

Interior Spaces

  • 378 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Cooling Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 23597
  • Assessor Parcel Number 5502001066

Community Details

Overview

  • 106 Units
  • Garden Villas Association, Phone Number (310) 915-9595
  • Garden Villas HOA

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,935

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$233 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Card/Code Access, Gated Community
  • View: Yes
  • Zoning: LAR4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5502001066
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 378.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 820.11
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Spa Features: Association, Community

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage, Gated, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Gym/Ex Room, Clubhouse, Billiard Room, Earthquake Insurance, Trash, Water, Pet Rules
  • Association Fee: 233.00
  • Association Fee Frequency: Monthly
  • Association Name: Garden Villas
  • Phone: 310-915-9595
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Garden Villas HOA

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 43933.00
  • Lot Size Acres: 1.0086

Multi Family

  • Lease Considered: No
  • Lot Size Area: 43933.0000 Square Feet
  • Number Of Units In Community: 106
  • Number Of Units Total: 106

Tax Info

  • Tax Census Tract: 2118.03
  • Tax Lot: 1
  • Tax Tract Number: 23597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Abdelmeseen Yvetta and Abdelmeseen Amin
Bought by
Abdelmeseen Yvetta
Current Estimated Value
$310,902

Purchase Details

Closed on
Apr 3, 2017
Sold by
County Of Riverside
Bought by
Ferment Design Inc

Purchase Details

Listed on
May 21, 2014
Closed on
Jun 3, 2014
Sold by
Pak Candice
Bought by
Zoo Zee Enterprises
Seller's Agent
Meredith McKenzie
Meredith McKenzie, Broker
Buyer's Agent
Meredith McKenzie
Keller Williams Realty
List Price
$179,000
Sold Price
$187,500
Premium/Discount to List
$8,500
4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Jan 22, 2007
Sold by
Abbott Marcia
Bought by
Pak Candice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,405
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 23, 2005
Sold by
Kim Susana
Bought by
Abbott Marcia and Abbott Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Younger Joanne
Bought by
Abbott Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Kong Hee Ja
Bought by
Kim Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1997
Sold by
American Svgs Bank Fa
Bought by
Kong Hee Ja

Purchase Details

Closed on
Mar 18, 1997
Sold by
Kim Tae C
Bought by
American Svgs Bank Fa
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
Abdelmeseen Yvetta -- Fidelity National Title
Ferment Design Inc -- None Available
Zoo Zee Enterprises $187,500 Lawyers Title
Pak Candice $190,000 Equity Title Company
Abbott Marcia $169,000 First American Title Co
Abbott Robert B -- First American Title Co
Kim Susana $80,000 Fatcola
Kong Hee Ja $16,000 Investors Title Company
American Svgs Bank Fa $33,238 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blandon Hiseph H Cuevas $290,000
Previous Owner Pak Candice $132,250
Previous Owner Pak Candice $36,405
Previous Owner Pak Candice $152,000
Previous Owner Abbott Marcia $135,200
Previous Owner Kim Susana $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $310,000 0.0% $820 / Sq Ft
09/01/2021 09/01/21 For Sale $310,000 0.0% $820 / Sq Ft
08/24/2021 08/24/21 Off Market $310,000 -- --
07/12/2021 07/12/21 Pending -- -- --
06/13/2021 06/13/21 Price Changed $310,000 +3.3% $820 / Sq Ft
06/06/2021 06/06/21 For Sale $299,999 -3.2% $794 / Sq Ft
05/05/2021 05/05/21 Off Market $310,000 -- --
04/22/2021 04/22/21 For Sale $299,999 +60.0% $794 / Sq Ft
07/15/2014 07/15/14 Sold $187,500 +4.7% $496 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $179,000 -- $474 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,935 $328,974 $63,672 $265,302
2024 $3,935 $322,524 $62,424 $260,100
2023 $3,862 $316,200 $61,200 $255,000
2022 $3,683 $310,000 $60,000 $250,000
2021 $3,277 $273,409 $214,439 $58,970
2019 $3,178 $265,302 $208,080 $57,222
2018 $2,429 $198,046 $157,065 $40,981
2016 $2,324 $190,358 $150,967 $39,391
2015 $2,290 $187,500 $148,700 $38,800
2014 -- $162,000 $100,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21084845

California Regional Multiple Listing Service (CRMLS)

APN: 5502-001-066