NOT LISTED FOR SALE

3429 W Olympic Blvd Unit 202 Los Angeles, CA 90019

Koreatown Neighborhood

Estimated Value: $846,000 - $961,000

3 Beds
2 Baths
1,481 Sq Ft
$525/mo HOA Fee

Last Sold December 21, 2021

Last sale price $885,000 $598 Per Sq Ft

Current estimated payment $6,175/month

31 Days on Market

Highlights

  • Fitness Center
  • Wood Flooring
  • Balcony
  • Contemporary Architecture
  • Elevator
  • 2-minute walk to Wilton Place Park

About This Home

As of December 2021

One of the few steel framed buildings in Koreatown/Hancock Park area built in 2016. Stylish and contemporary, this building is one of a kind. This end unit faces North, away from the noise and dust from Olympic Blvd. Previously a model home, it boasts quartz countertops in the kitchen, cabinet uprights, crystal chandeliers, stainless steel appliances, kitchen range hood, porcelain tiles in the bathroom, and custom closet organizer in the master closet. Seller is the first owner and it has never been rented out. Seller also purchased 2 extra storages which is essential in a condominium. The condo has a small gym, two elevators, plenty of guest parking, cameras throughout the building, and controlled access. The property is conveniently located near several markets, restaurants, freeway 10, and bus stop. Don't miss your opportunity to own this luxurious condo!

Last Agent to Sell the Property

Helen Kim

Dream Realty & Investments Inc License #01914413 Listed on: 10/12/2021

Dream Realty & Investments Inc

Last Buyer's Agent

Helen Kim

Dream Realty & Investments Inc License #01914413 Listed on: 10/12/2021

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,236

Year Built

  • Built in 2016

Lot Details

  • 0.32

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • Controlled Entrance

Home Design

  • 1,481 Sq Ft Home
  • Contemporary Architecture
  • Entry on the 2nd floor

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5081-032-033

Community Details

Overview

  • 25 Units
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,236

Year Built

Built in 2016

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Olympic Vistas
  • Entry Floor: 2
  • Living Area: 1481
  • Lot Acreage: 0.3241
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 2
  • Year Built: 2016
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Carpet, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Washer
  • Price Per S Q F T: 607.36

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Controlled Access, Exercise Room, Elevator, Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 525.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5081-032-033
  • Lot Size Area: 14118

Multi Family

  • Number Of Units: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 15, 2021
Sold by
Park Sooji
Bought by
Park Timothy B
Seller's Agent
Helen Kim
Dream Realty & Investments Inc
Buyer's Agent
Helen Kim
Dream Realty & Investments Inc
List Price
$899,500
Sold Price
$885,000
Premium/Discount to List
-$14,500
-1.61%
Current Estimated Value
$885,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582
Avg. Annual Appreciation
0.02%
Original Mortgage
$708,000
Outstanding Balance
$651,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$234,582

Purchase Details

Listed on
Oct 12, 2021
Closed on
Dec 14, 2021
Sold by
Park Sung Joo
Bought by
Park Timothy B
Seller's Agent
Helen Kim
Dream Realty & Investments Inc
Buyer's Agent
Helen Kim
Dream Realty & Investments Inc
List Price
$899,500
Sold Price
$885,000
Premium/Discount to List
-$14,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Outstanding Balance
$651,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$234,582

Purchase Details

Listed on
Nov 29, 2016
Closed on
Feb 17, 2017
Sold by
Standard Portfolio Olym Blvd Llc
Bought by
Park Sung Joo
Seller's Agent
Lucia Sung
New Star Realty
Buyer's Agent
Lucia Sung
New Star Realty
List Price
$739,900
Sold Price
$700,000
Premium/Discount to List
-$39,900
-5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Jan 26, 2017
Sold by
Bae Nam Hee
Bought by
Park Sung Joo
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
Park Timothy B -- Provident Title
Park Timothy B $885,000 Provident Title
Park Sung Joo $700,000 Fntg
Park Sung Joo -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Timothy B $708,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2021 12/21/21 Sold $885,000 -1.6% $598 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $899,500 +28.5% $607 / Sq Ft
03/29/2017 03/29/17 Sold $700,000 -5.4% $451 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $739,900 -- $477 / 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 $11,236 $939,167 $623,352 $315,815
2024 $11,236 $920,753 $611,130 $309,623
2023 $11,019 $902,700 $599,148 $303,552
2022 $10,503 $885,000 $587,400 $297,600
2021 $8,993 $750,540 $450,324 $300,216
2019 $8,721 $728,280 $436,968 $291,312
2018 $8,599 $714,000 $428,400 $285,600
2016 $3,323 $274,333 $47,357 $226,976
2015 $3,265 $270,213 $46,646 $223,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-793834

The MLS

APN: 5081-032-033