NOT LISTED FOR SALE

370 S Commonwealth Ave Unit 1 Los Angeles, CA 90020

Westlake Neighborhood

Estimated Value: $655,044 - $741,000

2 Beds
2 Baths
1,223 Sq Ft
$300/mo HOA Fee

Last Sold April 09, 2024

Last sale price $693,000 $567 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,666/month

8 Days on Market

Highlights

  • Gated Parking
  • Living Room with Fireplace
  • Balcony
  • Contemporary Architecture
  • Wood Flooring
  • 5-minute walk to Shatto Recreation Center

About This Home

As of April 2024

Beautiful townhouse style, northeast end unit featuring 2 bedrooms 2 baths in a quiet neighborhood. Private rooftop area with city views. Cathedral ceiling in master bedroom w/walk-in closet and balcony with views. Second bedroom has a large window with natural light. Open floor plan has a living/dining space with fireplace, hardwood flooring, recessed lighting, and crown molding. The washer and dryer is located conveniently inside the unit. Cozy 10-unit building with new roof. 2 car tandem parking. Desirable neighborhood with ease of access to freeway and grocery stores, while still close to Koreatown, Hollywood and Downtown LA. Don't miss out on this opportunity!

Last Agent to Sell the Property

Lilian Han

Dream Realty & Investments Inc License #02033985 Listed on: 03/14/2024

Dream Realty & Investments Inc

Co-Listed By

Jason Paukovits

Dream Realty & Investments Inc License #02016243

Last Buyer's Agent

James Paul Valerio

The Valerio Group, Inc. License #02001410

The Valerio Group, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,269

Year Built

  • Built in 1982

Lot Details

  • 8,786

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,223 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5501-022-032

Community Details

Overview

  • 10 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,269

Year Built

Built in 1982

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Commonwealth Townhouses
  • Entry Floor: 1
  • Living Area: 1223
  • Lot Acreage: 0.2017
  • Planned Urban Dev: 0
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer, Garbage Disposal, Microwave
  • Price Per S Q F T: 555.19

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Tandem, Assigned, Gated
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Ceiling Fan
  • Heating: Central
  • Water: District

Association/Amenities

  • Amenities: Gated Parking, Assoc Pet Rules
  • Pet Rules: Call

Condo/Co-op/Association

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

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5501-022-032
  • Lot Size Area: 8787

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 10

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 2, 2024
Sold by
Woo Charles Yonjae
Bought by
Lee Caroline
Seller's Agent
Lilian Han
Dream Realty & Investments Inc
Buyer's Agent
James Paul Valerio
The Valerio Group, Inc.
List Price
$679,000
Sold Price
$693,000
Premium/Discount to List
$14,000
2.06%
Views
17
Current Estimated Value
$702,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,511
Avg. Annual Appreciation
0.88%
Original Mortgage
$554,400
Outstanding Balance
$546,148
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$156,363

Purchase Details

Closed on
May 30, 2002
Sold by
Gonzales Rosa Maria
Bought by
Gonzalez Antonio
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Caroline $693,000 Provident Title Company
Gonzalez Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Caroline $554,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2024 04/09/24 Sold $693,000 +2.1% $567 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $679,000 +4.5% $555 / Sq Ft
05/20/2022 05/20/22 Sold $650,000 +0.2% $531 / Sq Ft View Prior Sale
03/16/2022 03/16/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $649,000 -- $531 / 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 $8,269 $706,860 $519,792 $187,068
2024 $8,269 $676,260 $488,988 $187,272
2023 $8,112 $663,000 $479,400 $183,600
2022 $2,125 $175,667 $15,596 $160,071
2021 $2,088 $172,224 $15,291 $156,933
2019 $2,025 $167,118 $14,839 $152,279
2018 $2,004 $163,843 $14,549 $149,294
2016 $1,904 $157,483 $13,985 $143,498
2015 $1,876 $155,118 $13,775 $141,343
2014 $1,889 $152,081 $13,506 $138,575
Source: Public Records

Agents Affiliated with this Home

  • Lilian Han

    Seller's Agent in 2024

    Lilian Han

    Dream Realty & Investments Inc

    (213) 814-9215

    2 in this area

    30 Total Sales

    Lilian Han
    Section Image
  • Jason Paukovits

    Seller Co-Listing Agent in 2024

    Jason Paukovits

    Dream Realty & Investments Inc

    (310) 709-8743

    2 in this area

    47 Total Sales

    Jason Paukovits
    Section Image
  • James Paul Valerio

    Buyer's Agent in 2024

    James Paul Valerio

    The Valerio Group, Inc.

    (323) 420-4669

    1 in this area

    16 Total Sales

    James Paul Valerio
    Section Image
  • Erica Jung

    Seller Co-Listing Agent in 2022

    Erica Jung

    Dream Realty & Investments Inc

    (213) 221-9318

    6 in this area

    70 Total Sales

    Erica Jung
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-368993

The MLS

APN: 5501-022-032

California Los Angeles County Los Angeles 90020 Westlake

370 S Commonwealth Ave Unit 1, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes