$635,000
SOLD OCT 2, 2019
1 Bed
2 Baths
1,430 Sq Ft
$650/mo HOA Fee

Recently Sold

$444 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Vermont Station
  • Clubhouse
  • UCLA Community School Rated A-
  • City Lights View
  • Bamboo Flooring

About This Home

As of October 2019

The Summit on sixth sophisticated urban -living style condominium. It is most popular and desirable area which is located in Wilshire center (Koreatown area). This signature residence offers hardwood floor, Granite kitchen with island and fully occupied stainless appliances. Bright and open floor plan with high ceiling. Two Bedrooms and Two full baths . 2nd bedroom is currently used as office / dean (no closet inside room). Fully updated master bathroom and 2nd full bath. Washer & Dryer in separated laundry room . Nice street view from living room . 24 Hour Concierge , 24 Hour security , world class workout Gym, Indoor golf simulation , steam sauna , club house, close to mart , restaurants, hospital , bank and freeway . Great opportunity for new buyer . Must see !

Last Agent to Sell the Property

Young Kim

Koinos Real Estate Group License #01886738 Listed on: 08/20/2019

Last Buyer's Agent

Young Kim

Koinos Real Estate Group License #01886738 Listed on: 08/20/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,823

Year Built

  • Built in 2009

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Modern Architecture

Interior Spaces

  • 1,430 Sq Ft Home
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Home Office
  • City Lights Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom | 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 65456
  • Assessor Parcel Number 5502024034

Community Details

Overview

  • 96 Units
  • The Summit On Sixth Association

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,823

Year Built

Built in 2009

Lot Details

0

HOA Fees

$650 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 9492921537
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LAPB
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5502024034
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1430.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Bamboo, Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 444.06
  • Room Type: Den, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Office, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sauna, Gym/Ex Room, Clubhouse, Pet Rules, Security
  • Association Fee: 650.00
  • Association Fee Frequency: Monthly
  • Association Name: The summit on sixth
  • Phone: 88888888
  • Senior Community: No
  • Community Features: Street Lights, Urban
  • Association Management: The summit on sixth

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 96
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 65456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Kappa Llc
Bought by
Han Seung Yeub and Kim Su Hyun
Current Estimated Value
$795,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$326,025
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$469,207

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 1, 2019
Sold by
Yea
Bought by
Kappa
Seller's Agent
Young Kim
Koinos Real Estate Group
Buyer's Agent
Ava Lee
Realtex Properties, Inc.
Sold Price
$3,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$240,000
Interest Rate
3.64%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Az 3223 6Th Street Llc
Bought by
Yea Chang Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 2010
Sold by
Bae Kun Ja
Bought by
Yea Chang Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
4%
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 $695,000 Chicago Title
Deed -- --
Grant Deed $370,003 Lawyers Title Insurance Corp
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $240,000 No Value Available
Previous Owner -- No Value Available
Previous Owner $222,000 Commercial
Previous Owner $222,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2019 10/05/19 Rented $3,100 0.0% --
10/02/2019 10/02/19 Sold $635,000 +20383.9% $444 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/17/2019 09/17/19 For Rent $3,100 0.0% --
08/20/2019 08/20/19 For Sale $650,000 0.0% $455 / Sq Ft
05/04/2015 05/04/15 Rented $2,600 -7.1% --
04/16/2015 04/16/15 Under Contract -- -- --
03/05/2015 03/05/15 For Rent $2,800 +12.0% --
01/02/2014 01/02/14 Rented $2,500 -3.8% --
01/02/2014 01/02/14 Under Contract -- -- --
11/11/2013 11/11/13 For Rent $2,600 -- --
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 $8,823 $737,539 $291,832 $445,707
2024 $8,823 $723,078 $286,110 $436,968
2023 $8,654 $708,900 $280,500 $428,400
2022 $8,251 $695,000 $275,000 $420,000
2021 $7,677 $641,578 $212,175 $429,403
2020 $7,754 $635,000 $210,000 $425,000
2019 $5,124 $424,940 $229,698 $195,242
2018 $5,104 $416,609 $225,195 $191,414
2016 $4,872 $400,433 $216,451 $183,982
2015 $4,800 $394,419 $213,200 $181,219
2014 $4,823 $386,694 $209,024 $177,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19199921

California Regional Multiple Listing Service (CRMLS)

APN: 5502-024-034