NOT LISTED FOR SALE

Estimated Value: $1,213,000 - $1,370,000

1 Bed
1 Bath
1,830 Sq Ft
$976/mo HOA Fee

Last Sold January 06, 2017

Last sale price $887,000 $485 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,088/month

60 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Wilshire/Western Station
  • Fitness Center
  • Charles H. Kim Elementary School Rated A-
  • Community Cabanas
  • 24-Hour Security

About This Home

As of January 2017

The Solair *Cutting edge high-rise living, lifestyle and entertainment at the LA main intersection of Wilshire and Western. **Unit Features: Rarely available 1, 830sf Furnished Live/Work, 13ft High ceiling, Over sized Terraces w Exceptional City View~! Open plan designed 1 Master Br, Den, Media room, Living room, Family room & Storage room. Grohe Tenso Fixtures and Stainless Steel Finish, Designer SS Appliances by Bosch, Caesarstone Counter tops, Italian Cabinetry by Bontempi, Opaque Glass Privacy Panels, Custom made Media room w Surround sound system, 2 side by side parking, **Building Features: Guest Parking,Access to exceptional amenities , *7th fl Resort style amenity deck offers a tranquil heated Pool & Spa,Fire-pits,Private Cabanas, Cozy Garden, Dog park, In & outdoor Lounge with BBQ area, Fitness center, Resident's clubroom. *2nd fl Lobby feature an exclusive Business center, Coffee bar. 24Hrs full Concierge service. Best location!

Last Agent to Sell the Property

A Ryun Kim

A Ryun Kim License #01806520 Listed on: 09/26/2016

Last Buyer's Agent

Karen Ji

License #01320587

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,108

Year Built

  • Built in 2009

Lot Details

  • 1.23

HOA Fees

  • $976 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,830 Sq Ft Home
  • Furnished
  • Built-In Features
  • Home Theater
  • Den
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Gated Parking
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5503-030-028

Community Details

Overview

  • 186 Units
  • High-Rise Condominium

Amenities

  • Concierge
  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,108

Year Built

Built in 2009

Lot Details

0

HOA Fees

$976 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: SOLAIR
  • Entry Floor: 2
  • Living Area: 1830
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 2009
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Hardwood, Mixed
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 491.26

Exterior Features

  • Balcony: yes
  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Guarded

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Clubhouse, Concierge, Controlled Access, Elevator, Fitness Center, Gated Community Guard, Gated Parking, Guest Parking, Pool, Private Cabana, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 975.82
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5503-030-028
  • Geocode Override: No
  • Lot Size Area: 53695

Rental Info

  • Furnished: Furnished
  • Lease Option: 1

Multi Family

  • Number Of Units: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2018
Sold by
Kim Stephan Y and Lee Mijeong
Bought by
Lee Mijeong
Current Estimated Value
$1,286,264

Purchase Details

Listed on
Sep 26, 2016
Closed on
Jan 3, 2017
Sold by
Kim Stephan Y and Lee Mijeong
Bought by
Kim Stephan Y and Lee Mijeong
Seller's Agent
A Ryun Kim
A Ryun Kim
Buyer's Agent
Karen Ji
List Price
$899,000
Sold Price
$887,000
Premium/Discount to List
-$12,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$620,900
Outstanding Balance
$511,177
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$786,935

Purchase Details

Listed on
Sep 26, 2016
Closed on
Dec 27, 2016
Sold by
Yi John
Bought by
Kim Stephan Y and Lee Mijeong
Seller's Agent
A Ryun Kim
A Ryun Kim
Buyer's Agent
Karen Ji
List Price
$899,000
Sold Price
$887,000
Premium/Discount to List
-$12,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,900
Outstanding Balance
$511,177
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$786,935

Purchase Details

Closed on
Aug 20, 2013
Sold by
Yi Debbie
Bought by
Yi John

Purchase Details

Closed on
Jun 6, 2013
Sold by
Solair Marketing Llc
Bought by
Yi John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,800
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2010
Sold by
Koar Wilshire Western Llc
Bought by
Solair Marketing Llc
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
Lee Mijeong -- None Available
Kim Stephan Y -- None Available
Kim Stephan Y $887,000 Provident Title
Yi John -- Chicago Title Company
Yi John $643,000 Chicago Title Company
Solair Marketing Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Stephan Y $620,900
Previous Owner Yi John $363,000
Previous Owner Yi John $385,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $887,000 -1.3% $485 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
11/24/2016 11/24/16 For Sale $899,000 +1.4% $491 / Sq Ft
11/14/2016 11/14/16 Off Market $887,000 -- --
09/26/2016 09/26/16 For Sale $899,000 -- $491 / 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 $15,108 $1,269,537 $315,056 $954,481
2024 $15,108 $1,244,645 $308,879 $935,766
2023 $14,815 $1,220,241 $302,823 $917,418
2022 $14,120 $1,196,316 $296,886 $899,430
2021 $13,943 $1,172,860 $291,065 $881,795
2019 $13,520 $1,138,075 $282,433 $855,642
2018 $11,390 $939,726 $493,731 $445,995
2016 $8,060 $665,847 $133,583 $532,264
2015 $7,933 $655,846 $131,577 $524,269
2014 $7,964 $643,000 $129,000 $514,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-165810

The MLS

APN: 5503-030-028