$645,828 - $738,000
RENTED JUN 10, 2025
3 Beds
2 Baths
1,260 Sq Ft
4.06 Acres

Highlights

  • Spa
  • Gated Community
  • 4.06 Acre Lot
  • Abraham Lincoln High School Rated A
  • City Lights View
  • Community Pool

About This Home

As of June 2025

Welcome to Drake Terrace, a serene retreat nestled between Highland Park and South Pasadena in the heart of Los Angeles. This 3-bedroom, 2-bathroom home offers 1,299 square feet of peaceful living surrounded by lush greenery and mature trees. Inside, you'll find laminate wood floors, dual-pane windows, central A/C and heating, granite countertops, in-unit laundry, and a private balcony with stunning views. Located in a quiet, walkable neighborhood with easy access to major freeways, this home is just minutes from USC, CSULA, the Rose Bowl, Dodger Stadium, and Downtown LA. Situated within a secure, gated community, residents enjoy amenities such as assigned parking, tennis courts, and a well-maintained pool area. Combining comfort, privacy, and a prime location, this home is a true gem in the city.

Last Agent to Rent the Property

Kenneth So

Moon Realty Brokerage Phone: 626-345-8585 License #02052370 Listed on: 04/30/2025

Co-Listed By

Robby Moon

Moon Realty Brokerage Phone: 626-345-8585 License #01958214

Last Renter's Agent

Kenneth So

Moon Realty Brokerage Phone: 626-345-8585 License #02052370 Listed on: 04/30/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,965

Year Built

  • Built in 1981

Lot Details

  • 4.06

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Woods
  • Neighborhood

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

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

Listing and Financial Details

  • Security Deposit $3,590
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 6/7/25
  • Tax Lot 12
  • Tax Tract Number 35194
  • Assessor Parcel Number 5302012103

Community Details

Overview

  • Property has a Home Owners Association
  • $50 HOA Transfer Fee
  • 87 Units
  • Foothills

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,965

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-06-07
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 3590
  • Furnished: Unfurnished
  • Transfer Fees: 50.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: LARD5
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5302012103
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1260.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.85
  • Room Type: Laundry, Living Room
  • Spa Features: Community
  • Bathroom Features: Bathtub

Exterior Features

  • View: City Lights, Neighborhood, Trees/Woods
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Foothills, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 176732.00
  • Lot Size Acres: 4.0572

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 176732.0000 Square Feet
  • Number Of Units In Community: 87
  • Number Of Units Total: 87
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Census Tract: 2013.02
  • Tax Lot: 12
  • Tax Tract Number: 35194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Haines Ju Youn
Bought by
Ju Youn Haines Family Trust
Current Estimated Value
$689,488

Purchase Details

Closed on
Sep 5, 2012
Sold by
Jung Young
Bought by
Haines Ju Youn

Purchase Details

Closed on
Jun 5, 2012
Sold by
Gaines Janice
Bought by
Jung Young

Purchase Details

Closed on
May 29, 2003
Sold by
Gaines Janice and The Janice Gaines Family Trust
Bought by
Gaines Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Lee Janice Gaines and Gaines Janice
Bought by
Gaines Janice and The Janice Gaines Family Trust

Purchase Details

Closed on
Nov 29, 2000
Sold by
Lee Janice Gaines
Bought by
Lee Janice Gaines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 30, 2000
Sold by
Vincent James
Bought by
Lee Janice Gaines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,150
Interest Rate
8.24%

Purchase Details

Closed on
Nov 16, 1994
Sold by
Southern Pacific Thrift & Loan
Bought by
Vincent James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
9.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 1994
Sold by
Consolidated Reconveyance Company
Bought by
Southern Pacific Thrift & Loan
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
Ju Youn Haines Family Trust -- None Listed On Document
Haines Ju Youn $327,500 Usa National Title Co
Jung Young $240,000 None Available
Gaines Janice -- Chicago Title Co
Gaines Janice -- --
Lee Janice Gaines -- United Title Company
Lee Janice Gaines $117,000 Commonwealth Title
Lee Janice Gaines -- Commonwealth Title
Vincent James $93,000 --
Southern Pacific Thrift & Loan $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaines Janice $152,764
Previous Owner Bates Michael $150,000
Previous Owner Gaines Janice $113,000
Previous Owner Gaines Janice $193,500
Previous Owner Lee Janice Gaines $81,600
Previous Owner Lee Janice Gaines $136,500
Previous Owner Lee Janice Gaines $58,500
Previous Owner Lee Janice Gaines $50,000
Previous Owner Lee Janice Gaines $111,150
Previous Owner Vincent James $88,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Rented $3,590 -0.1% --
06/02/2025 06/02/25 Off Market $3,595 -- --
05/23/2025 05/23/25 For Rent $3,595 0.0% --
05/15/2025 05/15/25 Off Market $3,595 -- --
04/30/2025 04/30/25 For Rent $3,595 -- --
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 $4,965 $403,282 $150,967 $252,315
2024 $4,965 $395,375 $148,007 $247,368
2023 $4,871 $387,623 $145,105 $242,518
2022 $4,645 $380,023 $142,260 $237,763
2021 $4,585 $372,572 $139,471 $233,101
2019 $4,449 $361,523 $135,335 $226,188
2018 $4,426 $354,435 $132,682 $221,753
2016 $4,224 $340,674 $127,531 $213,143
2015 $4,164 $335,558 $125,616 $209,942
2014 $4,183 $328,986 $123,156 $205,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25095551

California Regional Multiple Listing Service (CRMLS)

APN: 5302-012-103