$460,000
SOLD JUL 8, 2020

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

$444 Per Sq Ft

4% Below List Price

54 Days on Market

Highlights

  • City Lights View
  • Living Room
  • Central Heating and Cooling System
  • 12,499 Sq Ft lot
  • Tile Flooring
  • Gated Home

About This Home

As of September 2024

COME AND SEE THIS GREAT CONDO IN HIFI!! If you are looking for a starter home in a great location don't look further. This is a gated condo with 2 bedrooms, 1 1/4 baths and a 2 car garage. Floors are mixed with laminate floor and carpet. Conveniently located to restaurants, markets, transportation, 101 freeway, and a few minutes drive to downtown Los Angeles. Property has a dishwasher, a nice size balcony, dining area and a good size bedrooms, refrigerator, washer/dryer, and stove included. Central air and heat. The property is close to Hollywood, DTLA, Mid-Wilshire, Silverlake, Echo Park. HOA includes water, trash and insurance. This is a great starter home for a family. Property sold as is. Why look further, this property awaits you!

Last Agent to Sell the Property

Ted Alcantara

eXp Realty of Greater Los Angeles License #01788552 Listed on: 03/03/2020

eXp Realty of Greater Los Angeles

Last Buyer's Agent

In Sook Lee

Econo Realty Inc License #01268075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,008

Year Built

  • Built in 1981

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Covered Spaces

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 1,035 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5156-024-035
  • $5,000 Seller Concession

Community Details

Overview

  • 10 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,008

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: ALETHA VILLA OWNERS ASSOCIATION
  • Entry Floor: 5
  • Living Area: 1035
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 5
  • Year Built: 1981
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Laminate, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Price Per S Q F T: 463.77

Exterior Features

  • Pool: No
  • View: City Lights, Hills
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 300.00
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5156-024-035
  • Geocode Override: No
  • Lot Size Area: 12499

Rental Info

  • Land Lease Type: Full

Multi Family

  • Number Of Units: 10

MLS Schools

  • School District: Los Angeles Unified

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
54
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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Range of Values:

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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: 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
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: The MLS

MLS Number: 20-561028

The MLS

APN: 5156-024-035