NOT LISTED FOR SALE
2 Beds
1 Bath
750 Sq Ft
3,006 Sq Ft Lot

Highlights

  • Fitness Center
  • Newly Remodeled
  • City Lights View
  • 24-Hour Security
  • Automatic Gate
  • Corner Lot

About This Home

As of May 2021

One of the most unique living spaces in the heart of Koreatown Los Angeles. A luxurious style living space nestled in a vibrant urban location with many restaurants, shopping, and market within walking distance. Imagine relaxing on the balcony after a long day and watching the sunset. Living at its finest. Do Not Miss this one of a kind opportunity. We currently have 1Bed1bath, 1+den1bath, 2Bed 1Bath, 2Bed 1.5Bath, 2Bed 2 Bath, 3Bed 2Bath available for showing. Price varies for all units. All types of units are currently available for lease.

Last Agent to Rent the Property

Sharon Choe

Omni Realty & Investment Group License #01127228 Listed on: 02/18/2021

Last Renter's Agent

Sharon Choe

Omni Realty & Investment Group License #01127228 Listed on: 02/18/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,136

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Gated Home
  • Barbed Wire
  • Stucco Fence
  • Sprinkler System

Property Views

  • City Lights
  • Views of a landmark
  • Mountain
  • Hills

Home Design

  • Entry on the 4th floor
  • Flat Roof Shape

Interior Spaces

  • 750 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Laminate Flooring
  • Security System Leased

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Automatic Gate
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Purifier

Additional Features

  • Balcony
  • City Lot

Listing and Financial Details

  • Security Deposit $2,250
  • Tenant pays for cable TV, electricity, gas, insurance, move in fee, move out fee, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5080-008-020

Community Details

Overview

  • 41 Units
  • Realtyworld Group Association

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,136

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Rental Info

  • Credit Report Amount: 40.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee
  • Rent Control: No
  • Rent Excludes: Water + Trash + Internet = $60 // Gas and Electric needs to be done through LADWP. **Security deposit will be 1month rent upon a
  • Security Deposit: 2250
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Move In Fee, Move Out Fee, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Floor: 4
  • Lease Terms: 1+Year
  • Living Area: 750
  • Lot Acreage: 0.0690
  • Property Condition: New Construction
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2018
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Laminate
  • Appliances: Built-In Gas, Microwave
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: In Kitchen
  • Laundry: Community, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Elevator, Garbage Disposal, Ice Maker, Microwave, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 3.00
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony, Sprinkler System
  • Tennis Court Y/N: No
  • Fence: Barbed Wire, Stucco Wall
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City, City Lights, Hills, Landmark, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Fire Sprinklers, Gated, Leased, Resident Manager, Smoke Detector, T.V.
  • Water: District, Meter on Property

Association/Amenities

  • Amenities: Elevator, Exercise Room, Gated Parking, Hot Water, Security
  • Pet Rules: Yes

Condo/Co-op/Association

  • Management Company: Realtyworld Group
  • Mgmt Co Phone: 3237353779|
  • Unit Location: ALL

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5080-008-020
  • Geocode Override: No
  • Lot Description: Automatic Gate, Resident Manager, Walk Street
  • Lot Location: City, Corner Lot
  • Lot Size Area: 3004

Multi Family

  • Number Of Units: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2009
Sold by
Western Roland Llc
Bought by
940 Western Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5%
Mortgage Type
Commercial
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
940 Western Llc $3,900,000 Chicago Title Co
Western Roland Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 940 Western Llc $20,200,000
Closed 940 Western Llc $23,000,000
Closed 940 Western Llc $2,500,000
Previous Owner Ro Marlseon $500,000
Previous Owner Ro Marlseon $1,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2021 05/15/21 Rented $2,250 0.0% --
02/22/2021 02/22/21 Price Changed $2,250 +21.6% $3 / Sq Ft
02/18/2021 02/18/21 For Rent $1,850 -- --
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 $9,136 $761,578 $761,578 --
2024 $9,136 $746,646 $746,646 --
2023 $8,962 $732,006 $732,006 $0
2022 $8,548 $717,653 $717,653 $0
2021 $8,449 $703,582 $703,582 $0
2019 $8,196 $682,714 $682,714 $0
2018 $8,112 $669,328 $669,328 $0
2016 $7,912 $654,239 $643,338 $10,901
2015 $7,795 $644,413 $633,675 $10,738
2014 -- $631,791 $621,263 $10,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-694798

The MLS

APN: 5080-008-020