NOT LISTED FOR SALE

Estimated Value: $1,561,000 - $3,723,000

3 Beds
2 Baths
1,130 Sq Ft
7,205 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $2,855,000 $2,527 Per Sq Ft

Current estimated payment $18,191/month

Highlights

  • New Construction
  • Gated Parking
  • End Unit
  • Solar Power System
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of August 2021

2021 built brand new high quality ONE of fourplex in prime Mid-Wilshire location. Boasting 10ft High ceiling, extremely LOW electric bill (thanks to 3.3KW Solar system), Tankless water heater, 36K BTU Central A/C, Fancy rolling window blinds, intercom system and New LG washer/Dryer in unit. This deluxe property is located minutes from Larchmont Village, Hollywood, Korea town where many entertainment jobs and opportunities are offered. Tenant responsible for water, Electric gas and Trash. Open layout single floor plans is now available 1st floor and 2nd floor. 2 car side by side parking with EV charging ready outlet.

Last Agent to Rent the Property

Harry Chung

Hanbada Realty Inc. License #01999369 Listed on: 04/06/2021

Last Renter's Agent

Harry Chung

Hanbada Realty Inc. License #01999369 Listed on: 04/06/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,905

Year Built

  • Built in 2021 | New Construction

Lot Details

  • End Unit
  • Gated Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Brick Driveway
  • Gated Parking
  • Assigned Parking

Eco-Friendly Details

  • Solar Power System

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater

Community Details

  • Call for details about the types of pets allowed
  • Pet Deposit $250

Listing and Financial Details

  • Security Deposit $4,000
  • $8,475 Move-In Fee
  • Tenant pays for electricity, gas, insurance, water, trash collection
  • Rent includes gardener
  • 1-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 5521-025-018

Condo Details

Home Type

Condominium

Est. Annual Taxes

$36,905

Year Built

Built in 2021 | New Construction

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Deposit Key: 25.00
  • Deposit Other: 50.00
  • Pet Deposit: 250.00
  • Lease Length: 1
  • Lease Option: 1
  • Rent Control: No
  • Rent Includes: Gardener
  • Security Deposit: 4000
  • Tenant Pays: Electricity, Gas, Insurance, Water, Trash Collection
  • Tenant Pays Repairs: 8475.00
  • Total Move In Costs: 8475.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: 2021 built brand new high quality ONE of fourplex in prime Mid-Wilshire location. Boasting 10ft High ceiling, extremely LOW electric bill (thanks to 3.3KW Solar system), Tankless water heater, 36K BTU Central A/C, Fancy rolling window blinds, intercom system and New LG washer/Dryer in unit. This deluxe property is located minutes from Larchmont Village, Hollywood, Korea town where many entertainment jobs and opportunities are offered. Tenant responsible for water, Electric gas and Trash. Open layout single floor plans is now available 1st floor and 2nd floor. 2 car side by side parking with EV charging ready outlet.
  • Lease Terms: 1+Year
  • Living Area: 1130
  • Lot Acreage: 0.1654
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2021
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Laminate
  • Bedrooms: 3
  • 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, Dryer, Microwave, Washer, Range/Oven, Solar Panels
  • Price Per S Q F T: 3.19

Exterior Features

  • Balcony: NO
  • Other Features: End Unit
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Assigned, Driveway - Brick, Gated
  • Total Parking: 2

Utilities

  • Water District: LADWP
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Water: District

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5521-025-018
  • Lot Description: 2-4 Lots
  • Lot Size Area: 7204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2022
Sold by
Charles Lee And Michelle Lee Living Trus
Bought by
Bcc Properties Llc
Current Estimated Value
$2,862,431

Purchase Details

Closed on
Feb 9, 2022
Sold by
Bcc Properties Llc
Bought by
Charles Lee And Michelle Lee Living Trust and Charles Michelle L

Purchase Details

Listed on
Apr 6, 2021
Closed on
Jun 3, 2021
Sold by
Rho Seung Yong and Oh Kun O
Bought by
Bcc Properties Llc
Seller's Agent
Harry Chung
Hanbada Realty Inc.
Buyer's Agent
Margaret Cho
Bravo Real Estate Brokerage
List Price
$2,995,000
Sold Price
$2,855,000
Premium/Discount to List
-$140,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%

Purchase Details

Closed on
Oct 9, 2018
Sold by
Kwong Kwong Joha Ka Wah Joha Ka Wah and Kwong John Ka Wah
Bought by
Rho Seung Yong and Oh Kun O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
Kwong John and Kwong John Ka Wah
Bought by
Kwong John Ka Wah and John Ka Wah Kwong & Betty Edith Kwan Lee

Purchase Details

Closed on
Sep 12, 2001
Sold by
Kwong Stephen Kwok Yau
Bought by
Kwong Stephen Kwok Yau and Stephen Kwok Yau Kwong Revocable Living
Source: Public Records

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
Bcc Properties Llc -- Accommodation/Courtesy Recordi
Charles Lee And Michelle Lee Living Trust -- Accommodation/Courtesy Recordi
Bcc Properties Llc $2,855,000 Provident Title Company
Rho Seung Yong $1,143,000 Provident Title Company
Kwong John Ka Wah -- None Available
Kwong John -- None Available
Kwong Stephen Kwok Yau -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bcc Properties Llc $1,200,000
Previous Owner Rho Seung Yong $857,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2021 08/07/21 Rented $3,800 +5.6% --
07/10/2021 07/10/21 Price Changed $3,600 -7.7% $3 / Sq Ft
06/29/2021 06/29/21 Price Changed $3,900 0.0% $3 / Sq Ft
06/07/2021 06/07/21 Sold $2,855,000 0.0% $585 / Sq Ft
05/20/2021 05/20/21 Price Changed $3,800 0.0% $3 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/04/2021 05/04/21 Price Changed $2,895,000 0.0% $593 / Sq Ft
04/06/2021 04/06/21 For Rent $4,000 0.0% --
04/06/2021 04/06/21 For Sale $2,995,000 +162.0% $614 / Sq Ft
12/27/2018 12/27/18 Sold $1,143,000 -11.7% $347 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $1,295,000 +13.3% $393 / Sq Ft
07/11/2018 07/11/18 Off Market $1,143,000 -- --
07/09/2018 07/09/18 Price Changed $1,295,000 -7.4% $393 / Sq Ft
05/11/2018 05/11/18 For Sale $1,399,000 -- $425 / 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 $36,905 $3,090,342 $2,489,593 $600,749
2024 $36,905 $3,029,748 $2,440,778 $588,970
2023 $36,187 $2,970,342 $2,392,920 $577,422
2022 $34,499 $2,912,100 $2,346,000 $566,100
2021 $14,373 $1,177,937 $1,074,881 $103,056
2020 $14,518 $1,165,860 $1,063,860 $102,000
2019 $13,949 $1,143,000 $1,043,000 $100,000
2018 $1,390 $83,551 $52,986 $30,565
2016 $1,299 $80,309 $50,930 $29,379
2015 $1,284 $79,103 $50,165 $28,938
2014 $1,312 $77,555 $49,183 $28,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-715940

The MLS

APN: 5521-025-018