NOT LISTED FOR SALE

The Mercury 3810 Wilshire Blvd Unit 712 Los Angeles, CA 90010

Koreatown Neighborhood

Estimated Value: $692,978 - $722,000

2 Beds
2 Baths
1,290 Sq Ft
$859/mo HOA Fee

Last Sold October 08, 2024

Last sale price $695,000 $539 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,582/month

154 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Wilshire/Western Station
  • In Ground Pool
  • Fitness Center
  • 24-Hour Security
  • City Lights View

About This Home

As of October 2024

INTERESTED PARTIES CAN OVERBID AT THE SALE HEARING ON 9/11/24, AT 10:00 A.M IN BANKRUPTCY COURT VIA ZOOM FOR A MIN OVERBID OF $700,000. IN ORDER TO PARTICIPATE IN THE BIDDING PROCESS, YOU MUST ATTEND THE HEARING ON 9/11/24 AT 10:00A.M. VIA TELECONFERENCE AND DELIVER TO THE TRUSTEE NO LATER THAN 10:00A.M. , 9/10/24 THE FOLOWING: 1.) A CASHIER'S CHECK IN AMOUNT OF $25,850 PAYABLE TO ROSENDO GONZALEZ, CHAPTER 7 TRUSTEE; 2.) FINANCIAL PROOF OF ABILITY TO CLOSE ESCROW UNCONDITIONALLY IN A FORM ACCEPTABLE TO TRUSTEE. PLEASE CALL LISTING AGENT FOR DISCLOSURES AND COPY OF TRUSTEE'S SALE MOTION. ALL CONTINGENCIES MUST BE WAIVED PRIOR TO BIDDING. Subject to U.S. Bankruptcy Court confirmation and overbid. South facing 2 bedroom 2 bath condo situated in the heart of Koreatown, this bright 7th floor unit offers an open layout with incredible views of city lights.

Last Listed By

Steve Flores

Coldwell Banker Realty License #01272369 Listed on: 04/10/2024

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,394

Year Built

  • Built in 1962

Lot Details

  • 1.47

HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Lights Views
  • Dishwasher
  • Laundry in unit

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Assigned Parking
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-027-066

Community Details

Overview

  • 238 Units
  • Association Phone (213) 389-6434
  • High-Rise Condominium

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,394

Year Built

Built in 1962

Lot Details

0

HOA Fees

$859 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Mercury
  • Entry Floor: 7
  • Living Area: 1290
  • Lot Acreage: 1.4732
  • Planned Urban Dev: 0
  • Unit Floor In Building: 7
  • Year Built: 1962
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Bamboo, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • 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: 2.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 503.10

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Controlled Entrance, Assigned

Utilities

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

Association/Amenities

  • Amenities: Assoc Barbecue, Fitness Center, Elevator, Concierge, Controlled Access, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 478.01
  • Phone: 2133896434|
  • HOA Fees: 380.67
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5093-027-066
  • Lot Size Area: 64171

Multi Family

  • Number Of Units: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Sep 13, 2024
Sold by
Jeon Erin and Kim Jong
Bought by
Kim Seung Yong
Seller's Agent
Steve Flores
Coldwell Banker Realty
Buyer's Agent
Alison Kim
PARTNERS
List Price
$695,000
Sold Price
$695,000
Total Days on Market
154
Views
71
Current Estimated Value
$703,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,995
Avg. Annual Appreciation
2.03%
Original Mortgage
$347,500
Outstanding Balance
$345,248
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$358,747

Purchase Details

Closed on
May 30, 2024
Sold by
Park Richard Y and Park Carolyn
Bought by
Jeon Erin and Kim Jong

Purchase Details

Closed on
Apr 26, 2017
Sold by
Park Carolyn
Bought by
Park Richard Y and Park Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2015
Sold by
Jeon Erin
Bought by
Park Carolyn

Purchase Details

Closed on
Jun 12, 2008
Sold by
Wilshirewesterncondos Llc
Bought by
Jeon Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.75%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
List Price
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
Kim Seung Yong $695,000 Stewart Title
Jeon Erin -- Stewart Title
Park Richard Y -- Priority Title
Park Richard Y -- Priority Title
Park Carolyn -- None Available
Jeon Erin $600,000 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Seung Yong $347,500
Previous Owner Park Richard Y $440,000
Previous Owner Park Richard Y $704,000
Previous Owner Park Carolyn $704,000
Previous Owner Jeon Erin $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $695,000 +7.1% $539 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $649,000 -6.6% $503 / Sq Ft
04/10/2024 04/10/24 For Sale $695,000 -- $539 / 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
2024 $9,394 $772,643 $309,056 $463,587
2023 $9,213 $757,495 $302,997 $454,498
2022 $8,783 $742,643 $297,056 $445,587
2021 $8,671 $728,082 $291,232 $436,850
2019 $8,409 $706,489 $282,595 $423,894
2018 $8,394 $692,637 $277,054 $415,583
2016 $7,588 $629,000 $250,000 $379,000
2015 $7,588 $629,000 $250,000 $379,000
2014 $6,963 $563,000 $224,000 $339,000
Source: Public Records

Agents Affiliated with this Home

  • Steve Flores

    Seller's Agent in 2024

    Steve Flores

    Coldwell Banker Realty

    (323) 356-3007

    1 in this area

    25 Total Sales

    Steve Flores
    Section Image
  • Alison Kim

    Buyer's Agent in 2024

    Alison Kim

    PARTNERS

    (213) 700-5066

    5 in this area

    49 Total Sales

    Alison Kim
    Section Image
See All Agents

About The Mercury

Map

Source: The MLS

MLS Number: 24-377313

The MLS

APN: 5093-027-066

California Los Angeles County Los Angeles 90005 Koreatown

3810 Wilshire Blvd Unit 712, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 3810 Wilshire Blvd Unit 712, Los Angeles, CA 90010 since 10 April 2024 and is currently estimated at $703,995, approximately $545 per square foot. This property was built in 1962. 3810 Wilshire Blvd Unit 712 is a home located in Los Angeles County with nearby schools including Wilshire Park Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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