
Seller's Agent in 2024
Dario Svidler
Keller Williams Beverly Hills
(424) 600-7633
4 in this area
55 Total Sales
The subject property is a luxury, brand new construction, 15 unit apartment complex located in the highly desirable Koreatown submarket of Los Angeles. Ideally situated on Oxford Ave, one block east of Western Ave between 3rd and 4th St, just 3 blocks from the Wilshire/Western Metro Station. This 2024 constructed building has pristine units, an incredible unit mix and an unrelenting rental demand by the strong demographics. The property boasts nine 2 bedroom, 2 bathroom units and six 3 bedroom, 2 bathroom units. Two units are affordable restricted (doesn't preclude you from renting to Section 8 buyer to verify). The property is currently in lease-up. Koreatown's central location, proximity to major job hubs, and diverse array of culinary, entertainment, and cultural options are key draws for renter demand. The area is increasingly evolving into a self-contained neighborhood, where residents can live, work, dine, and play without a car. The densely populated location ensures expeditious lease up and the luxurious units allow for tenant comfort and investor stability. The area has undergone a major economic renaissance during the past couple of decades with development as the driving force. The new apartment and mixed-use developments in the immediate area have provided an overwhelming increase in the demand for high end rental units and retail. The building offers 13 parking spaces and has a rooftop deck. All units have washer and dryers, central air and heat as well as all the modern conveniences of living in a brand new building.
Last Agent to Sell the Property
Keller Williams Beverly Hills License #01884474 Listed on: 06/17/2024
Last Buyer's Agent
Non-member 999999
Non-member Office
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $8,050,000 | Lawyers Title | |
Grant Deed | $1,575,000 | Lawyers Title Company | |
Grant Deed | -- | None Available | |
Grant Deed | $600,000 | First American Title Co | |
Grant Deed | -- | Ctc | |
Individual Deed | $285,000 | Equity Title |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $5,000,000 | New Conventional | |
Previous Owner | $6,425,000 | New Conventional | |
Previous Owner | $6,160,000 | Construction | |
Previous Owner | $1,338,750 | Future Advance Clause Open End Mortgage | |
Previous Owner | $264,755 | New Conventional | |
Previous Owner | $280,000 | Purchase Money Mortgage | |
Previous Owner | $350,000 | Unknown | |
Previous Owner | $270,750 | No Value Available |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/25/2024 10/25/24 | Sold | $8,050,000 | +302873.3% | $602 / Sq Ft |
07/29/2024 07/29/24 | Pending | -- | -- | -- |
07/17/2024 07/17/24 | Price Changed | $2,657 | -6.1% | $3 / Sq Ft |
07/11/2024 07/11/24 | Price Changed | $2,829 | 0.0% | $3 / Sq Ft |
06/17/2024 06/17/24 | For Sale | $8,150,000 | 0.0% | $609 / Sq Ft |
04/30/2024 04/30/24 | Price Changed | $2,565 | -5.0% | $2 / Sq Ft |
04/06/2024 04/06/24 | Price Changed | $2,700 | -4.4% | $3 / Sq Ft |
03/16/2024 03/16/24 | Price Changed | $2,824 | -7.1% | $3 / Sq Ft |
03/07/2024 03/07/24 | Price Changed | $3,041 | -2.4% | $3 / Sq Ft |
03/07/2024 03/07/24 | Price Changed | $3,116 | -8.4% | $3 / Sq Ft |
12/20/2023 12/20/23 | Price Changed | $3,400 | +28.0% | $3 / Sq Ft |
12/16/2023 12/16/23 | For Rent | $2,657 | 0.0% | -- |
11/06/2020 11/06/20 | Sold | $1,575,000 | -7.4% | $558 / Sq Ft |
06/26/2020 06/26/20 | Pending | -- | -- | -- |
06/23/2020 06/23/20 | For Sale | $1,700,000 | 0.0% | $602 / Sq Ft |
06/22/2020 06/22/20 | Pending | -- | -- | -- |
06/11/2020 06/11/20 | Price Changed | $1,700,000 | -5.6% | $602 / Sq Ft |
05/21/2020 05/21/20 | Price Changed | $1,799,999 | -2.7% | $637 / Sq Ft |
04/22/2020 04/22/20 | For Sale | $1,850,000 | -- | $655 / Sq Ft |
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 | $20,237 | $8,050,000 | $5,000,000 | $3,050,000 |
2024 | $20,237 | $1,671,402 | $1,671,402 | -- |
2023 | $19,842 | $1,638,630 | $1,638,630 | $0 |
2022 | $19,183 | $1,606,500 | $1,285,200 | $321,300 |
2021 | $18,944 | $1,575,000 | $1,260,000 | $315,000 |
2019 | $13,765 | $1,135,491 | $742,845 | $392,646 |
2018 | $13,649 | $1,113,228 | $728,280 | $384,948 |
2017 | $13,355 | $1,091,400 | $714,000 | $377,400 |
2016 | $12,200 | $999,100 | $594,700 | $404,400 |
2015 | $6,800 | $546,000 | $325,000 | $221,000 |
2014 | $10,032 | $798,000 | $475,000 | $323,000 |
Seller's Agent in 2024
Dario Svidler
Keller Williams Beverly Hills
(424) 600-7633
4 in this area
55 Total Sales
Seller Co-Listing Agent in 2024
Morgan McMullin
Keller Williams Beverly Hills
(310) 968-2454
1 in this area
11 Total Sales
N
Buyer's Agent in 2024
Non-member 999999
Non-member Office
Seller's Agent in 2020
Daniel Shamooelian
Keller Williams Beverly Hills
(310) 651-1800
2 in this area
40 Total Sales
Source: The MLS
MLS Number: 24-404955
APN: 5503-003-012