NOT LISTED FOR SALE

Estimated Value: $755,000 - $882,000

2 Beds
2 Baths
1,290 Sq Ft
$738/mo HOA Fee

Last Sold March 17, 2021

Last sale price $725,000 $562 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,197/month

135 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Wilshire/Western Station
  • Rooftop Deck
  • 24-Hour Security
  • In Ground Pool
  • Automatic Gate

About This Home

As of March 2021

Seller is motivated to sell. Bring your any offer! The Prime location in Koreatown, right on the corner of Wilshire and Western!! Owner just installed brand new SPC floor 100% waterproof and new painting the unit. Must-see, Ready to move in. Spacious 2 BED + 2 BATH Southwest Corner unit with 2 spacious walk-in closet for extra storage space as well. Open layout makes it delightful. This unit comes with 2 basement parking spaces, side by side and easy access to elevator/HOA office. The rooftop has a grass area, fitness center, pool and jacuzzi all with panoramic views of Downtown LA, Griffith Park Observatory, and the Hollywood sign.

Last Listed By

Robert Yun

NET Properties License #01854449 Listed on: 09/24/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,354

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $738 Monthly HOA Fees

Interior Spaces

  • 1,290 Sq Ft Home
  • Double Pane Windows
  • Blinds
  • Living Room
  • Den
  • Alarm System

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Side by Side Parking
  • Automatic Gate
  • Guest Parking

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-027-042

Community Details

Overview

  • Association fees include gas, security, trash, water and sewer paid
  • 238 Units
  • Seabreeze Management Association
  • High-Rise Condominium
  • 23-Story Property

Amenities

  • Rooftop Deck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,354

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$738 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Mercury
  • Entry Floor: 5
  • Living Area: 1290
  • Lot Acreage: 1.4727
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 23
  • Unit Floor In Building: 5
  • Year Built: 1962
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Appliances: Cooktop - Electric, Electric, Microwave, Oven, Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Kitchen Island
  • Kitchen Features: Granite Counters, Island
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 572.87
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Direction Faces: South
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Covered Parking, Parking for Guests - Onsite, Side By Side, Gated, Gated Underground

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Fire and Smoke Detection System, Fire Sprinklers, Gated, Gated Community with Guard, Guarded, Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Gated Community, Gated Community Guard, Spa, Security, Assoc Maintains Landscape, Exercise Room, Elevator, Gated Parking, Guest Parking, Onsite Property Management, Pool, Fitness Center
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Gas, Security, Trash, Water and Sewer Paid
  • High Rise: On-Site Guard, Rooftop Sky Deck
  • HOA Fees: 738.20
  • Management Company: Seabreeze Management
  • Mgmt Co Phone: 2133896434|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5093-027-042
  • Lot Size Area: 64152

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Mar 12, 2021
Sold by
Chang Bong Jin and Chang Sonia Y
Bought by
Park Jonathan
Seller's Agent
Robert Yun
NET Properties
Buyer's Agent
Stephanie Baik
Premier Agent Network
List Price
$759,000
Sold Price
$725,000
Premium/Discount to List
-$34,000
-4.48%
Total Days on Market
135
Current Estimated Value
$835,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,836
Avg. Annual Appreciation
3.57%
Original Mortgage
$580,000
Outstanding Balance
$528,133
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$311,890

Purchase Details

Closed on
Mar 27, 2018
Sold by
Chang Helen H
Bought by
Chang Bong Jin and Chang Sonia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2009
Sold by
The Mercury Homes Llc
Bought by
Chang Helen H and Shin David Dong Keun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,020
Interest Rate
5.18%
Mortgage Type
Commercial

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

Similar Homes in the area

  • 1569 W Jefferson Blvd, Los Angeles, CA 90018

    $750,000

    • 3 Beds
    • 2.5 Baths
    • 1,311 Sq Ft
    • 1569 W Jefferson Blvd
    • Los Angeles, CA

    **CLOSE TO THE PRESTIGIOUS USC UNIVERSITY**Exclusive Gated Townhome in the heart of Jefferson Park!?Step into a world of refined urban elegance with this meticulously crafted 3-bedroom, 2.5 bathroom townhome, a 1,292 sq. ft. sanctuary in the coveted gated enclave of Jefferson Park. This move-in-ready home has a contemporary flair with timeless charm, creating an unparalleled living experience in

    Mike Chou K.W. EXECUTIVE

    Section Image
  • 889 Francisco St Unit 911, Los Angeles, CA 90017

    $859,000

    • 1 Bed
    • 1.5 Baths
    • 870 Sq Ft
    • 889 Francisco St
    • Unit 911
    • Los Angeles, CA

    The building/community, Metropolis is located in the most desirable area of Downtown Los Angeles. Metropolis is an affluent address with the exhilaration and convenience of countless city luxuries. Metropolis life is filled with the beauty, style, and elegance that reflects your personal accomplishments. Business Center with Conference Room, Luxurious Sky Deck with pool, spa, outdoor showers,

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 645 W 9th St Unit 711, Los Angeles, CA 90015

    $777,000

    • 1 Bed
    • 1 Bath
    • 1,050 Sq Ft
    • 645 W 9th St
    • Unit 711
    • Los Angeles, CA

    Price Improvement!! Don't miss this rare chance to own a highly sought-after top-floor Penthouse loft with soaring 14' ceilings and abundant natural light. The expansive floor-to-ceiling windows showcase breathtaking panoramic views of the DTLA skyline - Arguably the finest in the building. Step into an impressive entryway featuring a tall, exposed concrete wall, perfect for showcasing your art

    David Shin Dream Realty & Investments Inc

    Section Image
  • 645 W 9th St Unit 740, Los Angeles, CA 90015

    $785,000

    • 2 Beds
    • 2 Baths
    • 1,190 Sq Ft
    • 645 W 9th St
    • Unit 740
    • Los Angeles, CA

    It seems like you have so many things to check off your list when finding your new home in downtown LA... Which area speaks to you, is safe, has great restaurants, is walkable, and is a community you could call home. Then you see 645 w 9th st #740! It's in South Park your favorite area in downtown. Walking distance to parks, amazing venues, the best restaurants and everything you need. I mean you

    Drew Smyth Real Broker

    Section Image
  • 7320 Hawthorn Ave Unit 408, Los Angeles, CA 90046

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,070 Sq Ft
    • 7320 Hawthorn Ave
    • Unit 408
    • Los Angeles, CA

    Top floor. Double primary suites. This rare, top-floor 2-bedroom, 2-bathroom condo seamlessly weaves luxury, comfort, and style into an elegant living experience. Step into your haven where an open-concept kitchen connects effortlessly to a spacious living area, leading to a private balcony that gifts you with stunning south-facing city views. Featuring two primary suites, each bedroom is a

    Alyse Livingston Compass

    Section Image
  • 1121 N Olive Dr Unit 211, West Hollywood, CA 90069

    $850,000

    • 2 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 1121 N Olive Dr
    • Unit 211
    • West Hollywood, CA

    Modern luxury condo in the heart of West Hollywood where you can enjoy a contemporary and robust living and lifestyle while enjoying all West Hollywood has to offer. This unit boasts a deluxe style kitchen, private bar, open floor plan, master bedroom, spacious outdoor balcony. Think of all the possibilities you will endure living at 1211 Olive Dr; nightlife, shopping, restaurants, people,

    Joshua Glaz The Ave

    Section Image
  • 3880 Fredonia Dr Unit D, Los Angeles, CA 90068

    $889,000

    • 2 Beds
    • 2.5 Baths
    • 1,511 Sq Ft
    • 3880 Fredonia Dr
    • Unit D
    • Los Angeles, CA

    Welcome to this move-in ready architectural condo in the gated Skyline Townhome community, which was designed by noted architect Lorenzo Tedesco. Step inside to a light and airy open floor plan where floor-to-ceiling steel-framed windows and stunning floors create an atmosphere of warmth and sophistication. The seamlessly connected living and dining areas flow effortlessly into a remodeled

    Dennis Chernov The Agency

    Section Image
  • 4230 Colfax Ave Unit 103, Studio City, CA 91604

    $769,000

    • 2 Beds
    • 2 Baths
    • 1,160 Sq Ft
    • 4230 Colfax Ave
    • Unit 103
    • Studio City, CA

    Prime Colfax Meadows Location!This beautifully updated 2-bedroom, 2-bath condo offers the perfect blend of comfort and style. Tray ceilings enhance the sense of spaciousness in the open-concept living and dining areas, complete with a cozy decorative fireplace. The smart, split-bedroom floor plan provides optimal privacy, while the renovated kitchen and baths showcase modern finishes. Two private

    Sally Greene Coldwell Banker Realty

    Section Image
  • 1440 Veteran Ave Unit 241, Los Angeles, CA 90024

    $625,000

    • 1 Bed
    • 1 Bath
    • 693 Sq Ft
    • 1440 Veteran Ave
    • Unit 241
    • Los Angeles, CA

    Discover the epitome of urban living in this stunning, fully remodeled 1-bedroom, 1-bathroom condo. This home, located in the heart of Westwood, offers the perfect blend of style, comfort, and convenience. Step inside to an inviting space featuring new flooring, stackable washer-dryer and fresh paint, and a modern kitchen with sleek design, soft-close drawers, under-cabinet lighting, and

    Heather Penko simpliHOM Inc

    Section Image

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
Park Jonathan $725,000 Provident Title Company
Chang Bong Jin $600,000 Chicago Title Company
Chang Helen H $418,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jonathan $580,000
Previous Owner Chang Bong Jin $450,000
Previous Owner Chang Helen H $304,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $725,000 -1.9% $562 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $739,000 -2.6% $573 / Sq Ft
09/24/2020 09/24/20 For Sale $759,000 0.0% $588 / Sq Ft
11/14/2018 11/14/18 Rented $3,000 0.0% --
11/14/2018 11/14/18 For Rent $3,000 0.0% --
11/08/2018 11/08/18 Off Market $3,000 -- --
11/08/2018 11/08/18 For Rent $3,000 0.0% --
10/29/2018 10/29/18 Off Market $3,000 -- --
10/10/2018 10/10/18 For Rent $3,000 0.0% --
07/20/2018 07/20/18 Rented $3,000 -3.2% --
07/17/2018 07/17/18 Off Market $3,100 -- --
07/09/2018 07/09/18 For Rent $3,100 +3.3% --
10/05/2017 10/05/17 Rented $3,000 +1.7% --
09/25/2017 09/25/17 Price Changed $2,950 -1.7% $2 / Sq Ft
09/01/2017 09/01/17 For Rent $3,000 +20.0% --
08/24/2013 08/24/13 Rented $2,500 0.0% --
08/24/2013 08/24/13 Under Contract -- -- --
08/06/2013 08/06/13 For Rent $2,500 -- --
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
2024 $9,354 $769,375 $424,483 $344,892
2023 $9,175 $754,290 $416,160 $338,130
2022 $8,746 $739,500 $408,000 $331,500
2021 $7,527 $630,705 $188,160 $442,545
2020 $7,604 $624,239 $186,231 $438,008
2019 $7,299 $612,000 $182,580 $429,420
2018 $5,781 $474,197 $169,031 $305,166
2016 $5,524 $455,785 $162,468 $293,317
2015 $5,442 $448,940 $160,028 $288,912
2014 $5,466 $440,147 $156,894 $283,253
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 20-637432

The MLS

APN: 5093-027-042