$550,000
SOLD MAR 28, 2025
1 Bed
1 Bath
830 Sq Ft
$739/mo HOA Fee

Recently Sold

$663 Per Sq Ft

11% Below List Price

228 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Wilshire/Western Station
  • 24-Hour Security
  • Roof Top Pool
  • Fitness Center
  • Rooftop Deck

About This Home

As of March 2025

**Unbeatable Offer: $30,000 Price Reduction!** Discover downtown luxury at its finest in this impeccably maintained 1-bedroom loft at The Mercury. Boasting the largest layout in the building, this loft features a spacious walk-in closet and breathtaking views of the city skyline. Originally an office building, The Mercury was masterfully converted into stunning condominium homes in 2006, complete with high ceilings to enhance space and light. The seller is highly motivated, making this the best-priced unit in the building! Enjoy unparalleled resort-style amenities and an urban oasis in the heart of the city. Don't miss this opportunity experience modern elegance and vibrant city living today! As an end unit, this home provides the ultimate in privacy. Enjoy the peace of mind that comes with a secured lobby featuring a 24-hour receptionist. The building is pet-friendly and offers secured parking, making it perfect for both work and live scenarios.

Last Agent to Sell the Property

Robert Yun

NET Properties License #01854449 Listed on: 09/20/2024

Last Buyer's Agent

Robert Yun

NET Properties License #01854449 Listed on: 09/20/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,407

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $739 Monthly HOA Fees

Interior Spaces

  • 830 Sq Ft Home
  • Living Room
  • Loft
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Automatic Gate
  • Guest Parking

Pool

  • Roof Top Pool
  • Roof Top Spa
  • In Ground Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-027-216

Community Details

Overview

  • Association fees include gas, insurance, security, trash, water and sewer paid
  • 238 Units
  • Association Phone (213) 389-6434
  • High-Rise Condominium
  • 23-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Community Barbecue Grill
  • Trash Chute
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,407

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$739 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Seabreeze
  • Entry Floor: 21
  • Entry Location: Main Level
  • Living Area: 830
  • Lot Acreage: 1.4732
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 23
  • Unit Floor In Building: 21
  • Year Built: 1962
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Vinyl Tile
  • 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: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Washer, Refrigerator
  • Price Per S Q F T: 692.77

Exterior Features

  • Direction Faces: East
  • Construction: Concrete
  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Auto Driveway Gate, Community Garage, Covered Parking, Gated, Parking for Guests - Onsite
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinklers, Gated, Gated Community with Guard, Smoke Detector, Fire and Smoke Detection System

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Fitness Center, Guest Parking, Gated Parking, Gated Community Guard, Spa, Pool, Security, Onsite Property Management, Elevator
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Gas, Insurance, Security, Trash, Water and Sewer Paid
  • High Rise: 24-Hour Concierge, On-Site Guard, Trash Chute, Rooftop Spa, Rooftop Swimming Pool, Rooftop Sky Deck
  • HOA Fees: 739.39
  • Phone: 2133896434|
  • HOA: Yes
  • Unit Location: East

Lot Info

  • Assessor Parcel Number: 5093-027-216
  • Lot Size Area: 64171

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Mar 14, 2025
Sold by
Sbjs Properties Inc
Bought by
Choi John Y and Choi Hyang Sook
Seller's Agent
Robert Yun
NET Properties
Buyer's Agent
Robert Yun
NET Properties
List Price
$615,000
Sold Price
$550,000
Premium/Discount to List
-$65,000
-10.57%
Views
42
Current Estimated Value
$548,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,856
Avg. Annual Appreciation
-0.78%

Purchase Details

Closed on
Jun 16, 2010
Sold by
Suh Jisoo
Bought by
Sbjs Properties Inc

Purchase Details

Closed on
Apr 29, 2010
Sold by
Federal National Mortgage Association
Bought by
Suh Jisoo

Purchase Details

Closed on
Jan 6, 2010
Sold by
Jung Sung Min
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 16, 2007
Sold by
Wilshire Westerncondos Llc
Bought by
Jung Sung Min

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.25%
Mortgage Type
Commercial
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 $550,000 Lawyers Title Company
Grant Deed -- None Available
Grant Deed $350,000 First American Title Ins Co
Trustee Deed $405,644 Landsafe Title
Grant Deed $606,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,000 Credit Line Revolving
Previous Owner $356,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $550,000 -4.3% $663 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
02/03/2025 02/03/25 Price Changed $575,000 -5.0% $693 / Sq Ft
11/15/2024 11/15/24 Price Changed $605,000 -1.6% $729 / Sq Ft
09/20/2024 09/20/24 Price Changed $615,000 0.0% $741 / Sq Ft
09/20/2024 09/20/24 For Sale $615,000 +2.7% $741 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
08/20/2024 08/20/24 Price Changed $599,000 -7.8% $722 / Sq Ft
07/29/2024 07/29/24 For Sale $650,000 -- $783 / 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 $5,407 $451,770 $225,885 $225,885
2024 $5,407 $442,912 $221,456 $221,456
2023 $5,305 $434,228 $217,114 $217,114
2022 $5,059 $425,714 $212,857 $212,857
2021 $4,992 $417,368 $208,684 $208,684
2020 $5,043 $413,090 $206,545 $206,545
2019 $4,842 $404,992 $202,496 $202,496
2018 $4,832 $397,052 $198,526 $198,526
2016 $4,621 $381,636 $190,818 $190,818
2015 $4,552 $375,904 $187,952 $187,952
2014 $4,574 $368,542 $184,271 $184,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-420803

The MLS

APN: 5093-027-216