$850,000
SOLD MAY 21, 2025
2 Beds
2.5 Baths
1,740 Sq Ft
$1,419/mo HOA Fee

Recently Sold

$489 Per Sq Ft

8% Below List Price

85 Days on Market

Highlights

  • Concierge
  • 5-minute walk to Wilshire/Vermont Station
  • Fitness Center
  • UCLA Community School Rated A-
  • Golf Course Community
  • 24-Hour Security

About This Home

As of May 2025

SPECIAL SELLER FINANCING 4.5% WITH 2-1 BUYDOWN AVAILABLE! Modern and inviting unit has been upgraded with 2 layers of dual pane windows for 4 layers of insulation and soundproofing. This unit boasts 2 Large master bedrooms suite with own bathrooms separated by living room, + 1/2 bathroom in the living area, large 1,740 sqft, 2 parking spaces(30 & 31), unit in a heart of Wilshire Center. Doors have been upgraded to modern smoke glass pane panel doors, closet organization shelves, extra cabinet storage in every bathroom, fresh new paint, also included toilet bidet.Partial Furniture is optional at no additional cha Spacious open floor plan with new laminate floors. Washer and separate Dryer in the Unit. luxurious granite counter-tops, and chic modern cabinetry. Southside, Soaring high ceiling with an open floor plan and High ceiling windows that bring in lots of natural lighting. Available at the prestigious High Rise at "The Summit on Sixth" with 24 hour security, Concierge, Fitness Center, Sauna. EV charger

Last Agent to Sell the Property

Elijah Shin

Dream Realty & Investments Inc License #01889447 Listed on: 02/06/2025

Dream Realty & Investments Inc

Last Buyer's Agent

Wolsoon Han

Sky Commercial Realty License #01725217

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,609

Year Built

  • Built in 2009

HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,740 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • City Lights Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Side by Side Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 5502-024-110

Community Details

Overview

  • 96 Units
  • 11-Story Property

Amenities

  • Concierge
  • Sauna

Recreation

  • Golf Course Community
  • Fitness Center

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,609

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,419 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Summit on Sixth
  • Entry Floor: 10
  • Living Area: 1740
  • Lot Acreage: 1.3711
  • Planned Urban Dev: 0
  • Stories: 11
  • Unit Floor In Building: 10
  • Year Built: 2009
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Electric Dryer Hookup, Dryer, Dishwasher, Microwave, Range/Oven, Refrigerator, Water Filter, Washer, Garbage Disposal
  • Price Per S Q F T: 516.09

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Concierge, Exercise Room, Gated Community, Gated Community Guard, Golf, Sauna, Security

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 1351.11
  • HOA Fees: 68.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5502-024-110
  • Lot Size Area: 59725

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
May 5, 2025
Sold by
Young Ki Nam And Hee Jung Nam Living Tru and Nam Young Ki
Bought by
Hiesung Park 2010 Revocable Trust and Park
Seller's Agent
Elijah Shin
Dream Realty & Investments Inc
Buyer's Agent
Wolsoon Han
Sky Commercial Realty
List Price
$920,000
Sold Price
$850,000
Premium/Discount to List
-$70,000
-7.61%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Feb 23, 2015
Sold by
Nam Young Ki and Son Hee Jung Nam
Bought by
The Young Ki Nam & Hee Jung Nam Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2015
Sold by
The Young Ki Nam & Hee Jung Nam Living T
Bought by
Nam Young Ki and Son Hee Jung Nam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2012
Sold by
Nam Young Ki and Son Hee Jung Nam
Bought by
The Young Ki Nam & Hee Jung Nam Living T

Purchase Details

Closed on
Feb 14, 2011
Sold by
Az 3223 6Th Street Llc
Bought by
Nam Young Ki and Nam Hee Jung Son

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.74%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Provident Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Western Resources Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $560,005 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $376,000 Commercial
Previous Owner $390,000 Commercial
Previous Owner $392,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $850,000 -5.3% $489 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $898,000 -0.2% $516 / Sq Ft
02/19/2025 02/19/25 Price Changed $900,000 -2.2% $517 / Sq Ft
02/06/2025 02/06/25 For Sale $920,000 0.0% $529 / Sq Ft
12/27/2022 12/27/22 Rented $4,200 +2.4% --
11/30/2022 11/30/22 Price Changed $4,100 -2.4% $2 / Sq Ft
11/28/2022 11/28/22 For Rent $4,200 +10.5% --
06/19/2021 06/19/21 Rented $3,800 0.0% --
06/08/2021 06/08/21 Under Contract -- -- --
06/02/2021 06/02/21 Price Changed $3,800 -5.0% $2 / Sq Ft
04/09/2021 04/09/21 Price Changed $4,000 -10.1% $2 / Sq Ft
02/03/2021 02/03/21 For Rent $4,450 -1.1% --
09/27/2018 09/27/18 Rented $4,500 0.0% --
09/17/2018 09/17/18 For Rent $4,500 0.0% --
04/04/2018 04/04/18 Rented $4,500 0.0% --
03/19/2018 03/19/18 For Rent $4,500 -- --
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 $8,609 $717,447 $384,346 $333,101
2024 $8,609 $703,380 $376,810 $326,570
2023 $8,445 $689,589 $369,422 $320,167
2022 $8,053 $676,069 $362,179 $313,890
2021 $7,946 $662,814 $355,078 $307,736
2019 $7,705 $643,157 $344,548 $298,609
2018 $7,681 $630,547 $337,793 $292,754
2016 $7,336 $606,064 $324,677 $281,387
2015 $7,228 $596,962 $319,801 $277,161
2014 $7,256 $585,269 $313,537 $271,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25495293

The MLS

APN: 5502-024-110