NOT LISTED FOR SALE

Estimated Value: $717,000 - $941,000

1 Bed
2 Baths
1,450 Sq Ft
$807/mo HOA Fee

Last Sold January 11, 2022

Last sale price $700,000 $483 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,745/month

53 Days on Market

Highlights

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

About This Home

As of January 2022

Your 2nd chance! This stunning 1BD + Office, 2BA Loft designed by renowned LA artist Shin is located in Koreatown's prestigious "Summit on 6th" building. Featuring floor to ceiling windows that face South, the unit is flooded with natural light with 10-foot-tall ceilings throughout and 12-foot-tall ceilings in the living room that also boast a custom mural and the office space doubles as a 2nd bedroom/flex space. Completely reimagined one-of-a-kind kitchen comes complete with granite countertops, an island, and stainless-steel appliances. This home also contains a luxurious primary suite with a walk-in closet a 2nd full bathroom and a storage room. The condo also includes 2 tandem parking spaces and is EV ready in addition to laundry inside! One of the most luxurious high-rise condominiums in the area, this building features: a 24 hour Concierge to receive packages and control access to the lobby, 24hr Security and surveillance cameras, a Fitness Center, a virtual full swing golf room, a lounge area, a yoga/Pilates exercise area, 2 spa steam rooms, and underground parking that is gated. Conveniently located within a mile located to major shopping centers, grocery markets, and metro stations. Just minutes driving distance from Downtown and Hollywood. Central and sophisticated.

Last Agent to Sell the Property

Robert Herrick

Keller Williams Realty Los Feliz License #02014825 Listed on: 11/08/2021

Keller Williams Realty Los Feliz

Co-Listed By

Grant Linscott

Keller Williams Realty Los Feliz License #01715002

Last Buyer's Agent

Robert Herrick

Keller Williams Realty Los Feliz License #02014825 Listed on: 11/08/2021

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,803

Year Built

  • Built in 2009

Lot Details

  • 1.37

HOA Fees

  • $807 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,450 Sq Ft Home
  • Entryway
  • Living Room
  • Dining Area
  • Home Office
  • Utility Room
  • Laminate Flooring
  • City Views

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Tandem Parking
  • Auto Driveway Gate

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5502-024-033

Community Details

Overview

  • 96 Units
  • 11-Story Property

Amenities

  • Concierge
  • Steam Room
  • Elevator

Recreation

  • Golf Course Community
  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,803

Year Built

Built in 2009

Lot Details

0

HOA Fees

$807 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: The Summit On Sixth
  • Entry Floor: 2
  • Living Area: 1450
  • Lot Acreage: 1.3711
  • Planned Urban Dev: 0
  • Stories: 11
  • Unit Floor In Building: 2
  • Year Built: 2009
  • Builders Tract Name: The Summit on 6th
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Appliances: Gas/Electric Range
  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Kitchen Island, In Kitchen, Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Elevator, Dryer, Refrigerator, Range/Oven, Dishwasher, Washer, Microwave, Garbage Disposal
  • Price Per S Q F T: 495.86

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Tandem, Garage, Driveway Gate, Private Garage, Subterr Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Fire Sprinklers, Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector
  • Water: In Street

Association/Amenities

  • Amenities: Elevator, Exercise Room, Fitness Center, Golf, Gated Parking, Steam Room, Security
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • High Rise: 24-Hour Concierge
  • HOA Fees: 807.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5502-024-033
  • Lot Size Area: 59725

Multi Family

  • Number Of Units: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 23, 2021
Sold by
Yang Heung Mo and Shin Jee Hye
Bought by
Shin Stella Jin
Seller's Agent
Robert Herrick
Keller Williams Realty Los Feliz
Buyer's Agent
Robert Herrick
Keller Williams Realty Los Feliz
List Price
$719,000
Sold Price
$700,000
Premium/Discount to List
-$19,000
-2.64%
Current Estimated Value
$792,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,232
Avg. Annual Appreciation
3.37%
Original Mortgage
$556,000
Outstanding Balance
$511,443
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$280,789

Purchase Details

Closed on
Sep 30, 2009
Sold by
Az 3223 6Th Street Llc
Bought by
Yang Heung Mo and Shin Jee Hye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.83%
Mortgage Type
Commercial
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
Shin Stella Jin $700,000 Equity Title Company
Yang Heung Mo $400,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shin Stella Jin $556,000
Previous Owner Yang Heung Mo $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2022 01/11/22 Sold $700,000 -2.6% $483 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/13/2021 12/13/21 Price Changed $719,000 0.0% $496 / Sq Ft
12/13/2021 12/13/21 For Sale $719,000 -0.8% $496 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
10/24/2021 10/24/21 For Sale $725,000 0.0% $500 / Sq Ft
06/05/2015 06/05/15 Rented $2,700 0.0% --
06/05/2015 06/05/15 Under Contract -- -- --
05/23/2015 05/23/15 For Rent $2,700 0.0% --
01/06/2015 01/06/15 Rented $2,700 0.0% --
01/01/2015 01/01/15 Under Contract -- -- --
11/19/2014 11/19/14 For Rent $2,700 -- --
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 $8,803 $742,845 $297,138 $445,707
2024 $8,803 $728,280 $291,312 $436,968
2023 $8,633 $714,000 $285,600 $428,400
2022 $5,742 $486,538 $145,959 $340,579
2021 $5,662 $476,999 $143,098 $333,901
2019 $5,488 $462,853 $138,854 $323,999
2018 $5,466 $453,779 $136,132 $317,647
2016 $5,215 $436,160 $130,847 $305,313
2015 $5,137 $429,609 $128,882 $300,727
2014 $5,159 $421,195 $126,358 $294,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-102653

The MLS

APN: 5502-024-033