NOT LISTED FOR SALE

Estimated Value: $373,000 - $499,000

1 Bed
1 Bath
715 Sq Ft
$417/mo HOA Fee

Last Sold July 05, 2023

Last sale price $405,000 $566 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,055/month

20 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • City Lights View
  • 24-Hour Security
  • Automatic Gate
  • 0.99 Acre Lot

About This Home

As of July 2023

This stunning, fourth-floor condo in La Fayette Park Towers offers a fantastic opportunity for comfortable living with its prime location near Downtown Los Angeles. Boasting one bedroom and one bathroom, this bright and airy unit is flooded with natural light, thanks to the large sliding glass doors that lead to a spacious balcony. The open living and dining area provides a seamless flow, perfect for entertaining guests. As you step inside, you'll immediately notice the inviting ambiance of the living room, complete with a gas fireplace and built-in cabinetry. The kitchen is a chef's dream, featuring ample cabinet space, granite countertops, and top-of-the-line stainless steel appliances, including a refrigerator, dishwasher, microwave, and range. The bedroom is generously sized and offers two closets, providing ample storage for your personal belongings. Additional features of this condo include one assigned gated parking space, ensuring convenient and secure parking for residents. The homeowners association (HOA) provides exceptional amenities, such as on-site security 24-hour , a dedicated property manager, a rooftop pool, a sun deck, a jacuzzi, a BBQ area, a well-equipped gym, a sauna, and laundry facilities. Centrally located, this condo provides easy access to Downtown Los Angeles, Koreatown, and the Mid-Wilshire area. Commuting and exploring the city is a breeze with nearby freeways, and you'll find a plethora of shopping and dining options within reach. Overall, this meticulously maintained condo offers a spacious layout, desirable features, and an unbeatable location. Don't miss out on the chance to own this exceptional property that combines comfort, convenience, and style. Contact us today to schedule a showing and make this incredible condo your own.

Last Agent to Sell the Property

Bill Gross

eXp Realty of California Inc License #01022275 Listed on: 05/16/2023

eXp Realty of California Inc

Last Buyer's Agent

Grace Kim

JohnHart Real Estate License #01904662

JohnHart Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 1971

Lot Details

  • 0.99

HOA Fees

  • $417 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 715 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Spa

Additional Features

  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5155-012-095

Community Details

Overview

  • Association fees include security
  • 178 Units
  • Vince Inc. Association, Phone Number (213) 487-3910
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,942

Year Built

Built in 1971

Lot Details

0

HOA Fees

$417 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: This stunning, fourth-floor condo in La Fayette Park Towers offers a fantastic opportunity for comfortable living with its prime location near Downtown Los Angeles. Boasting one bedroom and one bathroom, this bright and airy unit is flooded with natural light, thanks to the large sliding glass doors that lead to a spacious balcony. The open living and dining area provides a seamless flow, perfect for entertaining guests. As you step inside, you'll immediately notice the inviting ambiance of the living room, complete with a gas fireplace and built-in cabinetry. The kitchen is a chef's dream, featuring ample cabinet space, granite countertops, and top-of-the-line stainless steel appliances, including a refrigerator, dishwasher, microwave, and range.
  • Complex Name: La Fayette Park Towers
  • Entry Floor: 4
  • Living Area: 715
  • Lot Acreage: 0.9929
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 4
  • Year Built: 1971
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Mixed
  • 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: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 558.74

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Controlled Entrance, Covered Parking, Garage Is Attached, Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Guarded, T.V., Resident Manager

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Exercise Room, Outdoor Cooking Area, Spa, Elevator, Security, Gated Parking, Pool
  • Pet Rules: Assoc Pet Rules, Call, Pets Permitted, Yes, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Security
  • HOA Fees: 417.00
  • Management Company: Vince Inc.
  • Mgmt Co Phone: 2133869000|102
  • Phone: 2134873910|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-012-095
  • Lot Size Area: 43252

Multi Family

  • Number Of Units: 178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 7, 2023
Sold by
Kavara Jadran
Bought by
Noe John
Seller's Agent
Bill Gross
eXp Realty of California Inc
Buyer's Agent
Grace Kim
JohnHart Real Estate
List Price
$399,500
Sold Price
$405,000
Premium/Discount to List
$5,500
1.38%
Views
40
Current Estimated Value
$418,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,281
Avg. Annual Appreciation
1.44%
Original Mortgage
$362,000
Outstanding Balance
$352,634
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$65,647

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 12, 2021
Sold by
Zheng Nancy Yijia and Zheng Guo-Hua
Bought by
Kavara Jadran
Seller's Agent
Caroline Cagle
Douglas Elliman of California, Inc.
Buyer's Agent
Jeny Milosevic
JHM Business Services
List Price
$359,000
Sold Price
$406,500
Premium/Discount to List
$47,500
13.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.16%
Original Mortgage
$340,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2015
Closed on
Aug 27, 2015
Sold by
Oh Eric
Bought by
Zheng Nancy Yijia and Zheng Guo Hua
Seller's Agent
Jeong Oh
E-Town Realty
List Price
$329,800
Sold Price
$323,000
Premium/Discount to List
-$6,800
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$242,250
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jun 27, 2012
Sold by
Oh Jeong In
Bought by
Oh Eric
Seller's Agent
Youn Shinn
California Dreaming Realty, Inc
Buyer's Agent
Jeong Oh
List Price
$148,000
Sold Price
$135,000
Premium/Discount to List
-$13,000
-8.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.79%

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jun 6, 2012
Sold by
Mcclaskey Suthida
Bought by
Oh Jeong In
Seller's Agent
Youn Shinn
California Dreaming Realty, Inc
Buyer's Agent
Jeong Oh
List Price
$148,000
Sold Price
$135,000
Premium/Discount to List
-$13,000
-8.78%

Purchase Details

Closed on
Oct 3, 2005
Sold by
Rodacker James R
Bought by
Kittiaksorn Suthida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,025
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 21, 2003
Sold by
Cho Eun Joo
Bought by
Rodacker James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
5.82%

Purchase Details

Closed on
Jan 4, 2002
Sold by
Rivas Juan Carlos
Bought by
Cho Eun Joo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.73%

Purchase Details

Closed on
Oct 8, 1998
Sold by
Rivas Elizabeth
Bought by
Rivas Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
6.79%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Noe John $405,000 California Best Title
Kavara Jadran $406,500 Fidelity National Title
Zheng Nancy Yijia $323,000 Old Republic Title Co
Oh Eric -- None Available
Oh Jeong In $135,000 Advantage Title Inc
Mcclaskey Suditha -- Advantage Title Inc
Kittiaksorn Suthida $316,500 Southland Title
Rodacker James R $143,500 --
Cho Eun Joo $95,000 First American Title Co
Rivas Juan Carlos $40,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noe John $362,000
Previous Owner Kavara Jadran $340,000
Previous Owner Zheng Nancy Yijia $242,250
Previous Owner Kittiaksorn Suthida $244,025
Previous Owner Rodacker James R $114,800
Previous Owner Cho Eun Joo $76,000
Previous Owner Rivas Juan Carlos $38,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2023 07/05/23 Sold $405,000 +1.4% $566 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $399,500 -1.7% $559 / Sq Ft
04/09/2021 04/09/21 Sold $406,500 +13.2% $569 / Sq Ft View Prior Sale
02/26/2021 02/26/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $359,000 +11.1% $502 / Sq Ft
09/10/2015 09/10/15 Sold $323,000 -2.1% $452 / Sq Ft View Prior Sale
08/03/2015 08/03/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $329,800 +144.3% $461 / Sq Ft
06/11/2012 06/11/12 Sold $135,000 -8.8% $189 / Sq Ft View Prior Sale
01/05/2012 01/05/12 For Sale $148,000 -- $207 / 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 $4,942 $413,100 $323,034 $90,066
2024 $4,942 $405,000 $316,700 $88,300
2023 $5,159 $422,922 $338,338 $84,584
2022 $4,919 $414,630 $331,704 $82,926
2021 $4,229 $353,243 $269,363 $83,880
2020 $4,273 $349,622 $266,602 $83,020
2019 $4,102 $342,768 $261,375 $81,393
2018 $4,095 $336,048 $256,250 $79,798
2016 $3,914 $323,000 $246,300 $76,700
2015 $1,745 $141,087 $67,095 $73,992
2014 $1,761 $138,324 $65,781 $72,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-271549

The MLS

APN: 5155-012-095