NOT LISTED FOR SALE

Estimated Value: $907,000 - $1,258,000

2 Beds
3 Baths
1,670 Sq Ft
$1,109/mo HOA Fee

Last Sold August 09, 2023

Last sale price $1,000,000 $599 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,652/month

14 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Vermont Station
  • Spa
  • UCLA Community School Rated A-
  • 24-Hour Security
  • Two Primary Bedrooms

About This Home

As of August 2023

Enjoy AMAZING VIEWS in this designer finished NORTH-FACING unit in the prestigious high-rise Summit on Sixth. Large PRIVATE balcony with panoramic views of the world-famous Hollywood Sign and Griffith Observatory from bedrooms and the living area. This 2-bedroom 3-bathroom open-concept home is bursting with light with luxurious and tastefully remodeled that sets it apart from every other unit in the building. High ceilings soar up to 11.5ft with floor-to-ceiling windows. Gourmet kitchen has new high-end appliances, modern cabinetry, and marble countertop perfect for entertaining guests. Enormous primary suite is complete with walk-in closet, oversized tub, walk-in shower, and his and her vanities. Secondary room is also equipped with an en suite bathroom with a walk-in shower and closet. This high-end building is equipped with five-star amenities including 24-hour security and concierge, package retrieval and tracking system, gym, sauna, and indoor golf simulator. Two designated underground side-by-side parking with EV CHARGER INCLUDED. Located in the heart of Korea-town moments from countless restaurants, grocery stores, and the Metro station.

Last Agent to Sell the Property

Sukyoung Lee

Redpoint Realty License #01891854 Listed on: 06/26/2023

Last Buyer's Agent

Jenny Kang

Bee Investment, Inc. License #01755711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,163

Year Built

  • Built in 2009

Lot Details

  • North Facing Home
  • Sprinkler System

HOA Fees

  • $1,109 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 9th floor
  • Additions or Alterations

Interior Spaces

  • 1,670 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Window Screens
  • Living Room
  • Utility Room

Kitchen

  • Kitchenette
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Remodeled Bathroom
  • Powder Room
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Double Shower
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Guest Parking

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5502-024-099

Community Details

Overview

  • Association fees include water and sewer paid
  • 96 Units
  • Maintained Community
  • 11-Story Property

Amenities

  • Sauna
  • Elevator
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,163

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,109 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Summit on sixth
  • Entry Floor: 9
  • Entry Location: Main Level
  • Living Area: 1670
  • Lot Acreage: 1.3711
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 11
  • Unit Floor In Building: 9
  • Year Built: 2009
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone Tile
  • Appliances: Electric, Microwave, Oven-Electric, Oven, Cooktop - Electric
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, Main Floor Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Low Flow Shower(s), Low Flow Toilet(s), Remodeled, Powder Room, Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Kitchen Island
  • Kitchen Features: Island, Kitchenette, Marble Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Freezer, Garbage Disposal, Dishwasher, Gas Or Electric Dryer Hookup, Microwave, Washer, Refrigerator, Range/Oven, Dryer
  • Price Per S Q F T: 616.77
  • Windows: Screens, Double Pane Windows

Exterior Features

  • Direction Faces: North
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Spa Yn: Yes
  • View: City, City Lights, Mountains, Panoramic
  • View: Yes

Garage/Parking

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

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Amenities: Controlled Access, Fitness Center, Elevator, Sauna, Gated Community Guard, Guest Parking, Assoc Pet Rules, Assoc Maintains Landscape
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid
  • High Rise: Controlled Access, On-Site Guard, Entrance Lobby
  • HOA Fees: 1108.91
  • HOA: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5502-024-099
  • Lot Size Area: 59725

Multi Family

  • Number Of Units: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 31, 2023
Sold by
Lee Kyung Ah
Bought by
Lee Joo Ok and Lee Christine Yj
Seller's Agent
Sukyoung Lee
Redpoint Realty
Buyer's Agent
Jenny Kang
Bee Investment, Inc.
List Price
$1,030,000
Sold Price
$1,000,000
Premium/Discount to List
-$30,000
-2.91%
Views
51
Current Estimated Value
$1,037,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,730
Avg. Annual Appreciation
0.86%

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 12, 2021
Sold by
Lee Brian and Lee Katie Bohee
Bought by
Lee Kyung Ah
Seller's Agent
Haejin Yi
HomeSmart, Evergreen Realty
Buyer's Agent
Yun Kim
Seeders Investment, Inc.
List Price
$945,000
Sold Price
$925,000
Premium/Discount to List
-$20,000
-2.12%

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
$647,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2020
Sold by
Lee Brian and Lee Katie Bohee
Bought by
Lee Brian and Lee Katie Bohee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2011
Sold by
Kwon Bo Hee and Kwon Man Young
Bought by
Lee Brian and Kwon Bohee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
4.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2010
Sold by
Kwon Bo Hee
Bought by
Kwon Bo Hee and Kwon Man Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2010
Sold by
Az 3223 6Th Street Llc
Bought by
Kwon Bo Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.76%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Lee Joo Ok $1,000,000 Provident Title Company
Lee Kyung Ah $925,000 Chicago Title Company
Lee Brian -- First American Title
Lee Brian -- Chicago Title Company
Kwon Bo Hee -- None Available
Kwon Bo Hee $640,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Kyung Ah $647,500
Previous Owner Lee Brian $265,000
Previous Owner Lee Brian $318,000
Previous Owner Kwon Bo Hee $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $1,000,000 -2.9% $599 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $1,030,000 +11.4% $617 / Sq Ft
07/20/2021 07/20/21 Sold $925,000 -2.1% $554 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $945,000 -- $566 / 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 $12,163 $1,020,000 $331,500 $688,500
2024 $12,163 $1,000,000 $325,000 $675,000
2023 $11,486 $943,500 $459,000 $484,500
2022 $10,949 $925,000 $450,000 $475,000
2021 $8,772 $733,447 $328,136 $405,311
2020 $8,860 $725,928 $324,772 $401,156
2019 $8,506 $711,695 $318,404 $393,291
2018 $8,480 $697,741 $312,161 $385,580
2016 $8,103 $670,649 $300,041 $370,608
2015 $7,983 $660,577 $295,535 $365,042
2014 $8,013 $647,638 $289,746 $357,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-284307

The MLS

APN: 5502-024-099