$540,000
SOLD SEP 19, 2024

369 N La Fayette Park Place Unit 4 Los Angeles, CA 90026

Westlake Neighborhood
2 Beds
1.5 Baths
1,035 Sq Ft
$300/mo HOA Fee

Recently Sold

$522 Per Sq Ft

8% Above List Price

Highlights

  • All Bedrooms Downstairs
  • 0.29 Acre Lot
  • 2 Car Attached Garage
  • Gated Community
  • Balcony
  • Controlled Access

About This Home

As of September 2024

Discover this charming 2-bedroom, 1.5-bath condo ideally situated in Historic Filipinotown near Echo Park and Silver Lake. The main floor half bath is convenient for guests, and the condo comes equipped with a washer and dryer, dishwasher, gas stove/oven, microwave oven, and refrigerator. Enjoy the peace of mind of living in a gated community with a 2-car attached garage and central air conditioning and heating.With only 10 units in the community, this home offers a sense of exclusivity and privacy. The monthly HOA dues cover water, trash, and building insurance. The property is centrally located, providing easy access to Hollywood, DTLA, and Koreatown. Don't miss out on this fantastic opportunity!

Last Listed By

In Sook Lee

Econo Realty Inc License #01268075 Listed on: 09/03/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1981

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,035 Sq Ft Home
  • 3-Story Property

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Balcony
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 41691
  • Assessor Parcel Number 5156024035
  • $155 per year additional tax assessments

Community Details

Overview

  • 10 Units
  • Aletha Villa Association, Phone Number (213) 503-1442

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,008

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5156024035
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1035.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 3
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 521.74
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Aletha Villa
  • Phone: 213-503-1442
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Aletha Villa

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 12516.00
  • Lot Size Acres: 0.2873

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12516.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 1958.02
  • Tax Lot: 1
  • Tax Tract Number: 41691
  • TaxOtherAnnualAssessmentAmount: 155.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Aug 19, 2024
Sold by
Deleon Marc Adrian
Bought by
Koo Jennifer C and Koo Daniel B
Seller's Agent
In Sook Lee
Econo Realty Inc
List Price
$500,000
Sold Price
$540,000
Premium/Discount to List
$40,000
8%
Total Days on Market
0
Views
116
Current Estimated Value
$557,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,864
Avg. Annual Appreciation
4.76%
Original Mortgage
$405,000
Outstanding Balance
$401,613
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$156,251

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 18, 2020
Sold by
Gerochi Gerry J
Bought by
Leon Marc Adrian De
Seller's Agent
Ted Alcantara
eXp Realty of Greater Los Angeles
Buyer's Agent
In Sook Lee
Econo Realty Inc
List Price
$480,000
Sold Price
$460,000
Premium/Discount to List
-$20,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$50,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Second
Source: Public Records

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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 $540,000 Ticor Title Company
Grant Deed $460,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Previous Owner $50,000 Stand Alone Second
Previous Owner $410,000 New Conventional
Previous Owner $170,000 Credit Line Revolving
Previous Owner $33,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $540,000 +8.0% $522 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $500,000 +8.7% $483 / Sq Ft
07/08/2020 07/08/20 Sold $460,000 -4.2% $444 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $480,000 -- $464 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $6,008 $488,154 $377,577 $110,577
2023 $5,896 $478,583 $370,174 $108,409
2022 $5,624 $469,200 $362,916 $106,284
2021 $5,550 $460,000 $355,800 $104,200
2020 $2,099 $170,008 $67,614 $102,394
2019 $2,018 $166,676 $66,289 $100,387
2018 $1,990 $163,409 $64,990 $98,419
2016 $1,893 $157,066 $62,467 $94,599
2015 $1,865 $154,708 $61,529 $93,179
2014 $1,878 $151,678 $60,324 $91,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24182638

California Regional Multiple Listing Service (CRMLS)

APN: 5156-024-035