$785,000
SOLD MAR 6, 2025
2 Beds
2 Baths
1,180 Sq Ft
$922/mo HOA Fee

Recently Sold

$665 Per Sq Ft

5% Below List Price

42 Days on Market

Highlights

  • Spa
  • 1-minute walk to Wilshire/Western Station
  • Living Room
  • City Lights View
  • 1.47 Acre Lot
  • Security Guard

About This Home

As of March 2025

ONE OF THE BEST TWO BEDROOM UNIT AT THE MERCURY!! Each Bedroom has Windows Facing East. Living Room Facing East and South. GREAT VIEW!! Seller Lived here Only 2 Months per Year Since Occupied. 2 Parking Spaces Right Off the Elevator. The Mercury has Rooftop Terrace, Swimming Pool, Fitness Center and Outdoor Lounge Area. "FURNITURE INCLUDED IN THIS SALE PRICE."

Last Agent to Sell the Property

Bryan Sung

Ace Realty Brokerage Email: bryansung@earthlink.net License #00471789 Listed on: 12/24/2024

Last Buyer's Agent

Jason Lee

Team Spirit Realty License #01845646

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,622

Year Built

  • Built in 1962

HOA Fees

  • $922 Monthly HOA Fees

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

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

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 62784
  • Assessor Parcel Number 5093027193
  • $120 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Picnic Area
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,622

Year Built

Built in 1962

Lot Details

0

HOA Fees

$922 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 310-486-5517
  • Other Phone Description: Cy Cho
  • Other Phone Number: 310-486-5517
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5093027193
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1180.00 Square Feet
  • Stories: 1
  • Entry Location: 19
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 19
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 665.25
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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, Spa/Hot Tub, Picnic Area, Guard, Security
  • Association Fee: 922.00
  • Association Fee Frequency: Monthly
  • Association Name: The Mercury
  • Phone: 213-389-6434
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Seabreeze Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 64171.00
  • Lot Size Acres: 1.4732

Multi Family

  • Lease Considered: No
  • Lot Size Area: 64171.0000 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
  • TaxOtherAnnualAssessmentAmount: 120.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2024
Closed on
Feb 13, 2025
Sold by
Cho Sung K and Cho Kyoung O
Bought by
Lee Young Hee
Seller's Agent
Bryan Sung
Ace Realty
Buyer's Agent
Jason Lee
Team Spirit Realty
List Price
$826,000
Sold Price
$785,000
Premium/Discount to List
-$41,000
-4.96%
Views
26
Current Estimated Value
$774,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,276
Avg. Annual Appreciation
-2.55%
Original Mortgage
$243,000
Outstanding Balance
$242,136
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$532,588

Purchase Details

Closed on
May 11, 2007
Sold by
Wilshire Westerncondos Llc
Bought by
Cho Sung K and Cho Kyoung O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2003
Sold by
Lb Los Angeles Technology Center Holding
Bought by
The Wilshire At Western Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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 $785,000 Chicago Title
Grant Deed $871,000 Stewart Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,000 Credit Line Revolving
Open $385,000 New Conventional
Previous Owner $370,000 Commercial
Previous Owner $650,000 Commercial
Previous Owner $39,600,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $785,000 -5.0% $665 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
12/24/2024 12/24/24 For Sale $826,000 -- $700 / 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
2025 $8,622 $709,000 $284,000 $425,000
2024 $8,622 $709,000 $284,000 $425,000
2023 $9,835 $810,000 $325,000 $485,000
2022 $9,560 $810,000 $325,000 $485,000
2021 $9,627 $810,000 $325,000 $485,000
2019 $8,760 $737,000 $296,000 $441,000
2018 $8,511 $703,000 $282,000 $421,000
2016 $8,253 $685,200 $275,200 $410,000
2015 $7,178 $595,000 $239,000 $356,000
2014 $6,568 $531,000 $213,000 $318,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24253727

California Regional Multiple Listing Service (CRMLS)

APN: 5093-027-193