$575,000
SOLD JAN 29, 2025

358 S Gramercy Place Unit 208 Los Angeles, CA 90020

Koreatown Neighborhood
2 Beds
2.5 Baths
1,099 Sq Ft
$642/mo HOA Fee

Recently Sold

$523 Per Sq Ft

28 Days on Market

Highlights

  • In Ground Pool
  • 0.52 Acre Lot
  • Sauna
  • Automatic Gate
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of January 2025

Nestled in the vibrant heart of Koreatown, this stylish 2-bedroom, 2.5-bathroom condominium offers the perfect blend of modern living, convenience, and an unbeatable location. Spanning 1,099 sq. ft., this home features sleek hardwood floors throughout and an open-concept living and dining area that flows effortlessly onto a private balcony, perfect for enjoying your morning coffee or unwinding in the evening. A convenient powder room is thoughtfully included for guests. Both bedrooms offer comfort and privacy, each with its own en-suite bathroom with granite countertops and porcelain tiles. The primary suite includes generous closet space, while the additional bedroom is ideal for guests or a home office. The well-maintained building offers controlled access for added security, a sparkling pool and sauna to relax and recharge, and two tandem parking spaces in a gated garage for ease and convenience. Situated in the heart of Koreatown, this home places you steps away from some of Los Angeles' best dining, entertainment, and cultural hotspots. Explore the iconic Wiltern Theater, indulge in world-class cuisine, and enjoy the vibrant nightlife the neighborhood is famous for - all just moments from your door. This condo isn't just a home - it's a gateway to one of LA's most dynamic and exciting communities. Schedule your private tour today and experience the perfect blend of modern living and urban convenience!

Last Agent to Sell the Property

Christine Hong

Hilton & Hyland License #01325115 Listed on: 12/18/2024

Hilton & Hyland

Last Buyer's Agent

Peng Dong

Re/Max Champions License #01997211

Re/Max Champions

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,228

Year Built

  • Built in 1965

HOA Fees

  • $642 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 2nd floor

Interior Spaces

  • 1,099 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Intercom
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Automatic Gate

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 5504-031-046

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 34 Units
  • Association Phone (310) 444-7444

Amenities

  • Sauna
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,228

Year Built

Built in 1965

Lot Details

0

HOA Fees

$642 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: San Marcus Condominium Association
  • Entry Floor: 2
  • Living Area: 1099
  • Lot Acreage: 0.5162
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1965
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Laundry: Community
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Intercom, Range/Oven, Refrigerator, Garbage Disposal, Dishwasher, Hood Fan, Ceiling Fan
  • Price Per S Q F T: 523.20

Exterior Features

  • Pool Description: In Ground, Community
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Community Garage, Tandem, Gated
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Security: Carbon Monoxide Detector(s), Automatic Gate, Smoke Detector

Association/Amenities

  • Amenities: Pool, Sauna
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid
  • HOA Fees: 642.02
  • Phone: 3104447444|400
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5504-031-046
  • Lot Size Area: 22487

Multi Family

  • Number Of Units: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jan 16, 2025
Sold by
Park Sean S
Bought by
Orsoo Gantulga and Saaral Munkhtuya
Seller's Agent
Christine Hong
Hilton & Hyland
Buyer's Agent
Peng Dong
Re/Max Champions
List Price
$575,000
Sold Price
$575,000
Views
42
Current Estimated Value
$596,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,391
Avg. Annual Appreciation
6.92%
Original Mortgage
$431,000
Outstanding Balance
$428,729
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$170,620

Purchase Details

Listed on
May 13, 2013
Closed on
Aug 2, 2013
Sold by
Federal National Mortgage Association
Bought by
Park Sean S
Seller's Agent
Michael Winston
Michael Winston, Broker
Buyer's Agent
Dino Padulo
Miris Properties
List Price
$324,500
Sold Price
$290,000
Premium/Discount to List
-$34,500
-10.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$275,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2011
Sold by
Kim Joo Ok
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 13, 2003
Sold by
Chun Oe Sook
Bought by
Kim Joo Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,200
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1998
Sold by
Cho Nam Yeol
Bought by
Chun Oe Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
6.6%

Purchase Details

Closed on
Feb 6, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Sung Eun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.99%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Lee Sun Eun
Bought by
Kim Kay and Kim Gei Ju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Dickinson Alicia and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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 Type Sale Price Title Company
Grant Deed $575,000 Provident Title Company
Grant Deed $290,000 Servicelink
Trustee Deed $186,300 None Available
Grant Deed $258,000 Ticor Title Co
Individual Deed $100,000 Equity Title
Grant Deed $75,000 Fidelity National Title Ins
Gift Deed -- --
Trustee Deed $60,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $431,000 New Conventional
Previous Owner $365,000 New Conventional
Previous Owner $367,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $322,500 New Conventional
Previous Owner $303,750 New Conventional
Previous Owner $276,800 New Conventional
Previous Owner $275,500 New Conventional
Previous Owner $101,800 Credit Line Revolving
Previous Owner $85,000 Credit Line Revolving
Previous Owner $232,200 Purchase Money Mortgage
Previous Owner $181,238 Unknown
Previous Owner $145,350 Unknown
Previous Owner $36,842 Unknown
Previous Owner $94,900 No Value Available
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Sold $575,000 0.0% $523 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
12/18/2024 12/18/24 For Sale $575,000 +98.3% $523 / Sq Ft
08/07/2013 08/07/13 Sold $290,000 -10.6% $264 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $324,500 0.0% $295 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $324,500 -- $295 / 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 $4,228 $355,490 $215,992 $139,498
2024 $4,228 $348,520 $211,757 $136,763
2023 $4,149 $341,687 $207,605 $134,082
2022 $3,957 $334,988 $203,535 $131,453
2021 $3,900 $328,421 $199,545 $128,876
2019 $3,781 $318,681 $193,627 $125,054
2018 $3,762 $312,433 $189,831 $122,602
2017 $3,680 $306,308 $186,109 $120,199
2016 $3,589 $300,303 $182,460 $117,843
2015 $3,535 $295,793 $179,720 $116,073
2014 $3,552 $290,000 $176,200 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-473327

The MLS

APN: 5504-031-046