$510,000
SOLD OCT 26, 2020

424 S Westmoreland Ave Unit 309 Los Angeles, CA 90020

Koreatown Neighborhood
2 Beds
2 Baths
1,034 Sq Ft
$323/mo HOA Fee

Recently Sold

$493 Per Sq Ft

3% Below List Price

98 Days on Market

Highlights

  • Unit is on the top floor
  • City View
  • Contemporary Architecture
  • Gated Community
  • 0.47 Acre Lot
  • 2-minute walk to Shatto Recreation Center

About This Home

As of October 2020

Westmoreland Chateau: a perfect 2BR 2BA move-in ready condo on the top floor in a prime location of Koreatown. Featuring a bright living room with an open dining area, a master suite, a large second bedroom. Upgraded flooring, kitchen, bathroom. Newer stainless-steel appliances. Recessed lights, keyless entry system, granite countertops. 1 block from Shatto Recreation Center / Galleria Market / Red Line Metro, 2 blocks from Target / Ralphs, 5 min from downtown / Silver Lake / 101,110,10,5 freeways, 10 min from Griffith Park / Hollywood. Security cameras fortified the community with controlled access. Two tandem parking by the lobby entrance. A spacious storage room located in the garage. Laundry room on each floor. Water/trash/sewer included in HOA, only pay electric. Private video showings / Safe In-person Home Tours / Virtual Neighborhood Walks available.

Last Agent to Sell the Property

Ryan Lee

ACME Real Estate License #02022344 Listed on: 07/06/2020

Last Buyer's Agent

Daniel Levin

The Agency License #01994876

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,616

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $323 Monthly HOA Fees

Property Views

  • City
  • Courtyard

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,034 Sq Ft Home
  • Dining Area
  • Laminate Flooring
  • Security Lights

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Subterranean Parking
  • Automatic Gate

Location

  • Unit is on the top floor

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5077-002-072

Community Details

Overview

  • 39 Units

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,616

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: Westmoreland Chateau Homeowners Association
  • Entry Floor: 3
  • Living Area: 1034
  • Lot Acreage: 0.4692
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 3
  • Year Built: 1982
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • 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
  • Kitchen Features: Granite Counters
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator, Water Filter
  • Price Per S Q F T: 505.80

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: None
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City, Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Tandem
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Exterior Security Lights
  • Water: District

Association/Amenities

  • Amenities: Pool, Extra Storage, Elevator, Controlled Access, Gated Community
  • Pet Rules: Assoc Pet Rules, Call, Pets Permitted

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 323.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5077-002-072
  • Lot Size Area: 20437

Multi Family

  • Number Of Units: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 16, 2020
Sold by
Cho Soo Kyung
Bought by
20514 Victoria Point Llc
Seller's Agent
Ryan Lee
ACME Real Estate
Buyer's Agent
Daniel Levin
The Agency
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$621,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,207
Avg. Annual Appreciation
5.02%

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 30, 2018
Sold by
Sa Jeff
Bought by
Cho Soo Kyung
Seller's Agent
Jason Kim
The Agency
Buyer's Agent
Joonho Ryan Lee
ALTC Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$325,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 17, 2018
Sold by
Lee Edward S
Bought by
Cho Soo Kyung
Seller's Agent
Jason Kim
The Agency
Buyer's Agent
Joonho Ryan Lee
ALTC Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 3, 2016
Closed on
Jun 28, 2016
Sold by
Sa Eunice
Bought by
Sa Jeff
Seller's Agent
Ken Kim
Dream Realty & Investments Inc
Buyer's Agent
Tom-Chang Kim
Max Mega Group
Sold Price
$2,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Listed on
Aug 3, 2016
Closed on
Jun 14, 2016
Sold by
Chung Esther Mina and Chung Christian Hongsik
Bought by
Sa Jeff
Seller's Agent
Ken Kim
Dream Realty & Investments Inc
Buyer's Agent
Tom-Chang Kim
Max Mega Group
Sold Price
$2,200

Purchase Details

Closed on
Sep 16, 2007
Sold by
Lee Paul K
Bought by
Chung Esther Mina and Chung Christian Hongsik

Purchase Details

Closed on
Jul 20, 2007
Sold by
Lee Il Sim
Bought by
Lee Paul K

Purchase Details

Closed on
Jul 4, 2007
Sold by
Lasalle National Bank Assn
Bought by
Lee Paul K

Purchase Details

Closed on
Mar 16, 2007
Sold by
Quan Changzhe
Bought by
Lasalle National Bank Assn and Merrill Lynch Mortgage Investors Inc 200

Purchase Details

Closed on
Mar 10, 2006
Sold by
Chai Jung Sook
Bought by
Quan Changzhe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 2005
Sold by
Chai Hee Jung
Bought by
Chai Jung Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 2005
Sold by
Kim Alexander B
Bought by
Chai Jung Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 22, 1997
Sold by
California Federal Bank Fsb
Bought by
Kim Alexander B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
7.98%

Purchase Details

Closed on
Sep 11, 1996
Sold by
Castro Jorge and California Fsla
Bought by
California Fsla
Source: Public Records

Similar Homes in the area

  • 746 S Los Angeles St Unit 310, Los Angeles, CA 90014

    $395,000

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • 746 S Los Angeles St
    • Unit 310
    • Los Angeles, CA

    Seller will pay one year of HOA's to help the buyer. Corner Live/Work Loft in the iconic Cornell Building located in the Fashion District's Santee Village. This West-facing unit is very bright and features concrete floors, a wall of original steel-framed windows, and 10' ceilings giving the cool industrial look. The modern kitchen has a gas range, stainless appliances, Italian cabinets, and a

    Christiano Sampaio Loftway

    Section Image
  • 285 W 6th St, San Pedro, CA 90731

    $596,000

    • 2 Beds
    • 2 Baths
    • 1,030 Sq Ft
    • 285 W 6th St
    • San Pedro, CA

    VIEWS, VIEWS & VIEWS! PRICED TO SELL FAST & MOVE-IN READY! Welcome to Unit #527 — a clean, sophisticated TOP FLOOR (no neighbor above)/CORNER (no neighbor to the north) Condo featuring breathtaking panoramic views of the ocean, waterfront, Port of L.A., city skylines, rooftops & San Pedro Hills, WHICH SETS THIS APART FROM OTHER CONDOS. These stunning vistas create a sense of serenity and

    Priscilla DeVaul Top Producers Realty Partners, Inc.

    Section Image
  • 400 S La Fayette Park Place Unit 102, Los Angeles, CA 90057

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,238 Sq Ft
    • 400 S La Fayette Park Place
    • Unit 102
    • Los Angeles, CA

    Discover a hidden gem in one of Los Angeles' most picturesque pockets - nestled on a serene, tree-lined street that blends neighborhood charm with urban accessibility. Just minutes from the vibrant heart of Koreatown and Downtown LA, this 2-bedroom, 2-bathroom condo offers a rare blend of peace, style, and city proximity. Step inside to an expansive, open-concept layout bathed in natural light,

    Stephanie Younger Compass

    Section Image
  • 525 S Ardmore Ave Unit 121, Los Angeles, CA 90020

    $399,000

    • 1 Bed
    • 1 Bath
    • 566 Sq Ft
    • 525 S Ardmore Ave
    • Unit 121
    • Los Angeles, CA

    Welcome home to this charming garden-filled condo community in the heart of Koreatown! This beautifully maintained 1-bedroom, 1-bath condo is move-in ready. Perfect for first-time buyers or savvy investors seeking rental income. Step into an open-concept living space that seamlessly blends the kitchen, dining, and living areas. The kitchen cabinets and bathroom have been recently refreshed with

    David Shin Dream Realty & Investments Inc

    Section Image
  • 3810 Wilshire Blvd Unit 610, Los Angeles, CA 90010

    $529,000

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft
    • 3810 Wilshire Blvd
    • Unit 610
    • Los Angeles, CA

    High-Rise Living in the Heart of Mid-Wilshire Mercury Building! Experience the ultimate in convenience and luxury with this stunning 1-bedroom, 1-bathroom unit in the iconic Mercury Buildingone of the tallest high-rises in LA's Koreatown.- Prime Parking: Best parking spot in the building, located on B2, right in front of the elevator for easy access.- 24/7 Security: Enjoy peace of mind with

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 620 S Gramercy Place Unit 439, Los Angeles, CA 90005

    $539,000

    • 1 Bed
    • 1 Bath
    • 810 Sq Ft
    • 620 S Gramercy Place
    • Unit 439
    • Los Angeles, CA

    Stylish Top-Floor Condo with Loft & Resort-Style Amenities on the Edge of Hancock Park. Experience the best of city living in this bright and spacious 1-bedroom + loft, 1-bath condo ideally located at the crossroads of Hancock Park and Koreatown. Set on the top floor of a well-maintained 1990 building, this unit offers incredible value with resort-style amenities and an unbeatable location.

    Stacy Blair Young Douglas Elliman of California, Inc.

    Section Image
  • 1234 Wilshire Blvd Unit 213, Los Angeles, CA 90017

    $495,000

    • 1 Bed
    • 1.5 Baths
    • 1,130 Sq Ft
    • 1234 Wilshire Blvd
    • Unit 213
    • Los Angeles, CA

    FULLY FURNISHED! PRICE TO SELL! Step into luxury with this stunning fully furnished 1-bedroom, 1.5-bath condo offering 1,130 sq. ft. of modern elegance, right in the vibrant core of Downtown Los Angeles. Again, it is fully furnished and move-in ready! This upscale retreat includes everything you need—from a plush king-size Tempur-Pedic bed to a 65" smart TV, stylish dining set, cozy sofa,

    Frederick Espino SoCal Realty Group

    Section Image
  • 312 W 5th St Unit 323, Los Angeles, CA 90013

    $569,000

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • 312 W 5th St
    • Unit 323
    • Los Angeles, CA

    Conveniently located at the SB Grand, this rare 2 bedroom spacious open loft with fantastic urban industrial character is located on Broadway in the Historic Core. It features high, open concrete ceilings and hardwood floors throughout. Kitchen boasts solid wood cabinets, stainless steel appliances and granite counters. Bathroom has washer/dryer hookups and oversized soaking tub. The location is

    Rommy Shy Rommy Shy

    Section Image

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $510,000 Chicago Title Company
Grant Deed $500,000 Provident Title Company
Quit Claim Deed -- Provident Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $406,000 Fidelity National Title Co
Grant Deed -- Lsi Title Company Ca
Interfamily Deed Transfer -- None Available
Grant Deed $375,000 None Available
Trustee Deed $98,706 Lsi Title Fnds Division
Grant Deed $449,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $410,000 Lawyers Title
Grant Deed $64,000 Southland Title Corporation
Trustee Deed $89,848 American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $325,000 Adjustable Rate Mortgage/ARM
Previous Owner $90,000 Stand Alone Second
Previous Owner $360,000 Balloon
Previous Owner $82,000 Stand Alone Second
Previous Owner $328,000 Fannie Mae Freddie Mac
Previous Owner $100,000 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $51,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2020 10/26/20 Sold $510,000 -2.5% $493 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $523,000 -0.4% $506 / Sq Ft
08/30/2020 08/30/20 Price Changed $525,000 -0.9% $508 / Sq Ft
07/29/2020 07/29/20 Price Changed $530,000 +1.0% $513 / Sq Ft
07/06/2020 07/06/20 For Sale $525,000 0.0% $508 / Sq Ft
05/17/2018 05/17/18 Rented $2,400 0.0% --
04/17/2018 04/17/18 Price Changed $2,400 -4.0% $2 / Sq Ft
03/01/2018 03/01/18 For Rent $2,500 0.0% --
02/07/2018 02/07/18 Sold $500,000 0.0% $484 / Sq Ft
12/09/2017 12/09/17 Price Changed $500,000 +5.3% $484 / Sq Ft
11/07/2017 11/07/17 For Sale $475,000 0.0% $459 / Sq Ft
08/12/2016 08/12/16 Rented $2,200 -4.3% --
08/04/2016 08/04/16 Off Market $2,300 -- --
08/03/2016 08/03/16 For Rent $2,300 0.0% --
07/05/2016 07/05/16 Sold $406,000 -1.0% $393 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $410,000 -- $397 / 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 $6,616 $552,038 $432,755 $119,283
2024 $6,616 $541,215 $424,270 $116,945
2023 $6,491 $530,603 $415,951 $114,652
2022 $6,189 $520,200 $407,796 $112,404
2021 $6,109 $510,000 $399,800 $110,200
2019 $6,103 $510,000 $398,004 $111,996
2018 $5,060 $414,120 $299,676 $114,444
2016 $5,050 $416,087 $302,802 $113,285
2015 $4,645 $382,000 $279,000 $103,000
2014 $3,222 $256,000 $187,100 $68,900
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 20-602206

The MLS

APN: 5077-002-072