NOT LISTED FOR SALE

Estimated Value: $549,000 - $595,075

1 Bed
1 Bath
830 Sq Ft
$645/mo HOA Fee

Last Sold October 05, 2021

Last sale price $562,800 $678 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,486/month

107 Days on Market

Highlights

  • Roof Top Pool
  • 1-minute walk to Wilshire/Western Station
  • City Lights View
  • Fitness Center
  • 24-Hour Security
  • Updated Kitchen

About This Home

As of October 2021

Enjoy city life with elevated standards in this historic landmark high-rise! Situated on the 15th floor of “The Mercury”, with views of the Hollywood Hills and city lights, spacious, open, bright and beautiful, this one bedroom/one bath large loft features a gourmet kitchen with granite counter tops and sleek modern cabinetries, sustainable bamboo flooring, automated window covers, in unit laundry, walk-in closet, a private deck and a assigned parking in secured under building garage. The Mercury provides controlled access and 24/7 concierge. Its amenities include the rooftop recreation area with a swimming pool, a spa, a fitness center, grills, a green lawn and plenty of seating for sunbathing or relaxing. No matter how hard the day is, you can come home and easily unwind. Centrally located and within walking distance to restaurants, markets, shopping, theaters (The Wiltern is just cross the street), a subway station, several bus stops. Other well known destinations within a few miles’ reach are LA County Museum of The Arts, Griffith Park, Hancock Park, Hollywood, Beverly Hills, Downtown LA and more. It is said that "Mercury's address has a Walk Score of 98, meaning that ownership of a car is unnecessary to run daily errands - as many shops and services are located closed to Mercury, walking will suffice. Should one wish to travel outside the neighborhood, the city's public transit system can handle that easily, with 12 bus stops".

Last Listed By

Hong Hu

Realty One Group West License #01894066 Listed on: 05/15/2021

Realty One Group West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,117

Year Built

  • Built in 1962

Lot Details

  • 1.47

HOA Fees

  • $645 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Private Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Flat Roof Shape

Interior Spaces

  • 830 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Bamboo Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Roof Top Pool
  • Balcony

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 62784
  • Assessor Parcel Number 5093027140

Community Details

Overview

  • 238 Units
  • The Mercury Association, Phone Number (213) 389-6434
  • Seabreeze Management HOA

Amenities

  • Community Barbecue Grill
  • Banquet Facilities

Recreation

  • Community Pool

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,117

Year Built

Built in 1962

Lot Details

0

HOA Fees

$645 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: (949)280-8881
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5093027140
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 830.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters, Living Room Deck Attached, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Bamboo
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 678.07
  • Room Type: Kitchen, Laundry, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: City Lights, Hills
  • Pool Features: Association, Roof Top
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage, Guest, Private
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Gym/Ex Room, Banquet Facilities
  • Association Fee: 645.00
  • Association Fee Frequency: Monthly
  • Association Name: The Mercury
  • Phone: 213-389-6434
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Seabreeze Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 64152.00
  • Lot Size Acres: 1.4727

Multi Family

  • Lease Considered: No
  • Lot Size Area: 64152.0000 Square Feet
  • Number Of Units In Community: 238
  • Number Of Units Total: 238

Tax Info

  • Tax Census Tract: 2126.10
  • Tax Lot: 2
  • Tax Tract Number: 62784

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Sep 7, 2021
Sold by
Lu Yi and Wu Qiling
Bought by
Song Isaac Imsup and Song Hannah
Seller's Agent
Hong Hu
Realty One Group West
Buyer's Agent
Isaac Song
Level Real Estate
List Price
$598,000
Sold Price
$562,800
Premium/Discount to List
-$35,200
-5.89%
Total Days on Market
107
Current Estimated Value
$580,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,469
Avg. Annual Appreciation
0.84%
Original Mortgage
$422,100
Outstanding Balance
$388,241
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$192,028

Purchase Details

Listed on
Jan 5, 2019
Closed on
Feb 13, 2019
Sold by
Olivers Oxford Investment Llc
Bought by
Lu Yi and Wu Qiling
Seller's Agent
Brandon Park
Park & Hiles, Inc.
Buyer's Agent
DEBBIE MAO
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Dec 12, 2016
Sold by
Ariji Corporation
Bought by
Olivers Oxford Investment Llc

Purchase Details

Listed on
Jul 30, 2015
Closed on
Nov 30, 2015
Sold by
Kim Heum Ok
Bought by
Ariji Corporation
Seller's Agent
Ansel Kim
The Agency
Buyer's Agent
Brandon Park
Park & Hiles, Inc.
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%

Purchase Details

Closed on
Jan 5, 2010
Sold by
Davis Marilee
Bought by
Davis Stanley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2009
Sold by
The Mercury Homes Llc
Bought by
Kim Heum Ok and Davis Stanley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.77%
Mortgage Type
Commercial

Range of Values:

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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
Song Isaac Imsup $563,000 Fidelity Natl Ttl Orange Cnt
Lu Yi $500,000 Ticor Title
Olivers Oxford Investment Llc -- None Available
Ariji Corporation $440,000 Chicago Title Company
Davis Stanley A -- Lawyers Title Insurance Corp
Kim Heum Ok $344,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Isaac Imsup $422,100
Previous Owner Kim Heum Ok $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2021 10/05/21 Sold $562,800 -5.9% $678 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $598,000 +19.6% $720 / Sq Ft
02/14/2019 02/14/19 Sold $500,000 -2.9% $602 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $515,000 -2.6% $620 / Sq Ft
01/05/2019 01/05/19 For Sale $529,000 +20.2% $637 / Sq Ft
12/04/2015 12/04/15 Sold $440,000 -2.2% $530 / Sq Ft
11/06/2015 11/06/15 Price Changed $450,000 +5.9% $542 / Sq Ft
10/18/2015 10/18/15 For Sale $425,000 -3.4% $512 / Sq Ft
10/07/2015 10/07/15 Off Market $440,000 -- --
09/28/2015 09/28/15 Pending -- -- --
09/02/2015 09/02/15 Price Changed $425,000 0.0% $512 / Sq Ft
09/02/2015 09/02/15 For Sale $425,000 0.0% $512 / Sq Ft
08/20/2015 08/20/15 For Sale $425,000 -3.4% $512 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
08/03/2015 08/03/15 Off Market $440,000 -- --
07/30/2015 07/30/15 For Sale $425,000 -- $512 / 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 $7,117 $585,537 $205,791 $379,746
2023 $6,981 $574,056 $201,756 $372,300
2022 $6,655 $562,800 $197,800 $365,000
2021 $6,142 $515,283 $154,585 $360,698
2019 $6,267 $526,442 $318,362 $208,080
2018 $6,256 $516,120 $312,120 $204,000
2016 $5,315 $440,000 $200,000 $240,000
2015 $4,474 $369,462 $184,731 $184,731
2014 $4,286 $345,000 $173,000 $172,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21103484

California Regional Multiple Listing Service (CRMLS)

APN: 5093-027-140