NOT LISTED FOR SALE

3429 W Olympic Blvd Unit 301 Los Angeles, CA 90019

Koreatown Neighborhood

Estimated Value: $874,000 - $1,158,000

3 Beds
2 Baths
1,605 Sq Ft
$529/mo HOA Fee

Last Sold June 13, 2019

Last sale price $873,000 $544 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,595/month

8 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Wood Flooring
  • Gated with Attendant
  • Contemporary Architecture
  • 2-minute walk to Wilton Place Park

About This Home

As of June 2019

One of the few steel buildings in Koreatown. This unit is the most desired floor plan in the building: Northwest corner unit with clear view of the Hollywood sign, the only floor plan with a kitchen island, a balcony access in the living room, and is the largest SF. Tandem parking is in the most desired floor of B1 and comes with storage. Building includes a small gym, well designed lobby, controlled access, numerous visitor parking spaces and security guard during the night.

Last Agent to Sell the Property

Helen Kim

Dream Realty & Investments Inc License #01914413 Listed on: 05/05/2019

Dream Realty & Investments Inc

Last Buyer's Agent

Sung Kim

Dream Realty & Investments Inc License #01999007

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,651

Year Built

  • Built in 2016

Lot Details

  • 0.32

HOA Fees

  • $529 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,605 Sq Ft Home
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5081-032-037

Community Details

Overview

  • 25 Units
  • Maintained Community
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,651

Year Built

Built in 2016

Lot Details

0

HOA Fees

$529 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Olympic Vistas
  • Entry Floor: 3
  • Living Area: 1605
  • Planned Urban Dev: 0
  • Stories: 6
  • Unit Floor In Building: 3
  • Year Built: 2016
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • 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, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 548.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access, Fire Sprinklers, Guarded

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Controlled Access, Elevator, Exercise Room, Extra Storage, Gated Parking, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 529.17
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5081-032-037
  • Geocode Override: No
  • Lot Size Area: 13979

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2019
Closed on
May 29, 2019
Sold by
Lee Peter S and Lee Grace S
Bought by
Kim Jay Jongwook
Seller's Agent
Helen Kim
Dream Realty & Investments Inc
Buyer's Agent
Sung Kim
Dream Realty & Investments Inc
List Price
$880,000
Sold Price
$873,000
Premium/Discount to List
-$7,000
-0.8%
Current Estimated Value
$957,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,312
Avg. Annual Appreciation
1.47%
Original Mortgage
$650,000
Outstanding Balance
$587,671
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$369,641

Purchase Details

Listed on
May 5, 2019
Closed on
May 17, 2019
Sold by
Kim Jiyoung Choi
Bought by
Kim Jay Jongwook
Seller's Agent
Helen Kim
Dream Realty & Investments Inc
Buyer's Agent
Sung Kim
Dream Realty & Investments Inc
List Price
$880,000
Sold Price
$873,000
Premium/Discount to List
-$7,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$587,671
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$369,641

Purchase Details

Closed on
Apr 29, 2016
Sold by
Standard Portfolio Olym Blvd Llc
Bought by
Lee Reter S and Lee Grace S
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
Kim Jay Jongwook $873,000 Provident Title Company
Kim Jay Jongwook -- Provident Title Company
Lee Reter S $755,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Jay Jongwook $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2019 06/13/19 Sold $873,000 -0.8% $544 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $880,000 -- $548 / 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 $11,651 $973,841 $278,876 $694,965
2024 $11,651 $954,747 $273,408 $681,339
2023 $11,426 $936,028 $268,048 $667,980
2022 $10,891 $917,676 $262,793 $654,883
2021 $10,752 $899,684 $257,641 $642,043
2019 $9,500 $801,104 $401,136 $399,968
2018 $9,370 $785,397 $393,271 $392,126
2016 $3,471 $286,601 $47,357 $239,244
2015 $3,409 $282,297 $46,646 $235,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-462668

The MLS

APN: 5081-032-037