NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $2,810,823

3 Beds
4 Baths
2,810 Sq Ft
$1,321/mo HOA Fee

Last Sold April 22, 2022

Last sale price $2,700,000 $961 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $16,590/month

3 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Wilshire/Western Station
  • In Ground Pool
  • Charles H. Kim Elementary School Rated A-
  • 24-Hour Security
  • City Lights View

About This Home

As of April 2022

The absolute best penthouse #1!!! Cutting Edge high-rise living, combining culture, lifestyle and entertainment at the historic intersection of Wilshire and Western. Solair residents have access to exceptional amenities and personalized privileges. A private, seventh floor resort style amenity deck provides a tranquil pool, spa, outdoor firepits, resident herb gardens, an indoor/outdoor lounge, fitness and yoga room, and resident's club. The second floor lobby features and exclusive business center and conference room for residents. This best-of-the-best unit offers 270 degree panoramic view all the way to the Pacific Ocean. Every single amenity including side by side parking spaces close to the elevators plus an extra 2 storage. 2 side-by-side parking.

Last Agent to Sell the Property

Scott Seo

Dream Realty & Investments Inc License #02035887 Listed on: 03/18/2022

Dream Realty & Investments Inc

Last Buyer's Agent

Adam Kang

Highland Premiere Real Estate License #02149971

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,944

Year Built

  • Built in 2009

Lot Details

  • 1.23

HOA Fees

  • $1,321 Monthly HOA Fees

Home Design

  • Entry on the 24th floor

Interior Spaces

  • 2,810 Sq Ft Home
  • Wood Flooring
  • City Lights Views
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Covered Spaces
  • Side by Side Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5503-030-205

Community Details

Overview

  • 186 Units
  • High-Rise Condominium

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,944

Year Built

Built in 2009

Lot Details

0

HOA Fees

$1,321 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: SOLAIR WILSHIRE
  • Entry Floor: 24
  • Living Area: 2810
  • Lot Acreage: 1.2327
  • Planned Urban Dev: 0
  • Unit Floor In Building: 24
  • Year Built: 2009
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator
  • Price Per S Q F T: 978.65

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Side By Side

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Fitness Center
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1321.19
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5503-030-205
  • Lot Size Area: 53695

Multi Family

  • Number Of Units: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Jjep Group Llc
Bought by
Janghan Group Llc
Current Estimated Value
$2,334,956

Purchase Details

Listed on
Mar 18, 2022
Closed on
Apr 19, 2022
Sold by
Yul Kim Hung and Suk Jeong
Bought by
Jhin Jaclyn
Seller's Agent
Scott Seo
Dream Realty & Investments Inc
Buyer's Agent
Adam Kang
Highland Premiere Real Estate
List Price
$2,750,000
Sold Price
$2,700,000
Premium/Discount to List
-$50,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.29%
Original Mortgage
$3,000,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2013
Sold by
Solair Marketing Llc
Bought by
Kim Hung Yul and Kim Jeong Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,166,750
Interest Rate
4.57%
Mortgage Type
New Conventional
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
Janghan Group Llc -- Accommodation/Courtesy Recordi
Jhin Jaclyn -- Provident Title
Kim Hung Yul $1,795,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janghan Group Llc $3,000,000
Previous Owner Kim Hung Yul $1,166,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $2,700,000 -1.8% $961 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $2,750,000 -- $979 / 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 $33,944 $2,865,261 $530,604 $2,334,657
2024 $33,944 $2,809,080 $520,200 $2,288,880
2023 $33,279 $2,754,000 $510,000 $2,244,000
2022 $24,411 $2,073,502 $414,698 $1,658,804
2021 $24,109 $2,032,846 $406,567 $1,626,279
2019 $23,378 $1,972,553 $394,509 $1,578,044
2018 $23,337 $1,933,876 $386,774 $1,547,102
2016 $22,237 $1,858,783 $371,756 $1,487,027
2015 $21,901 $1,830,863 $366,172 $1,464,691
2014 $21,961 $1,795,000 $359,000 $1,436,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-138143

The MLS

APN: 5503-030-205