4255 W 5th St Unit 106 Los Angeles, CA 90020
Koreatown Neighborhood
1
Bed
1
Bath
753
Sq Ft
$255/mo
HOA Fee
Highlights
- Midcentury Modern Architecture
- End Unit
- Bathtub with Shower
- Main Floor Bedroom
- Ground Level Unit
- Living Room
About This Home
As of June 2025Huge Price Reduction. Submit All Offers. Superior location in trendy Korea Town, adjacent to Hancock Park. Easy commuting to downtown or the west-side via the Metro Purple Line. Walking distance to Wilshire Blvd, Wiltern Theater, as well as hundreds of restaurants and shops in close proximity. Retro turn-key condo - super clean, move-in ready, perfect for first-time home buyer. Light and airy, large closets, entertain on the attached patio which leads out of a private gate and down to the garage. Your vehicle will be located directly under your patio for quick in-and-out of unit to garage access! New fence and concrete paint and bathroom paint. Property Sold As-is with no warranties expressed or implied. Buyer to verify all information through their own investigations. All offers must be submitted on CAR forms with a copy of EM check and pre-approval letter. Owner will consider all offers.
Last Agent to Sell the Property
Realty Source Incorporated License #01945214 Listed on: 09/19/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,913
Year Built
- Built in 1965
Lot Details
- End Unit
- South Facing Home
- Wood Fence
- Sprinkler System
HOA Fees
- $255 Monthly HOA Fees
Parking
- 1 Car Garage
- Assigned Parking
Home Design
- Midcentury Modern Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 753 Sq Ft Home
- 3-Story Property
- Sliding Doors
- Living Room
- Dining Area
- Window Bars
Kitchen
- Electric Oven
- Electric Cooktop
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Main Floor Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Vented Exhaust Fan
- Sewer in Street
- Cable TV Available
Additional Features
- Open Patio
- Ground Level Unit
Listing and Financial Details
- Assessor Parcel Number 5504-030-030
Community Details
Overview
- Association fees include water and sewer paid, trash
- 30 Units
- The Fairmount Association, Phone Number (818) 240-6515
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2020
Closed on
Feb 24, 2021
Sold by
Ambo Kinuto
Bought by
Kim Bomi
Seller's Agent
Alizabeth James
Realty Source Incorporated
Buyer's Agent
Jung Hong
Hope Investment
List Price
$395,000
Sold Price
$386,000
Premium/Discount to List
-$9,000
-2.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$289,500
Outstanding Balance
$260,693
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$205,057
Purchase Details
Closed on
Sep 2, 1994
Sold by
Hinckel Dorothy Louise
Bought by
Hinckel Dorothy Louise and Ambo Tomio
Similar Homes in the area
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $386,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $132,400 | Credit Line Revolving | |
| Open | $289,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Rent | $2,100 | 0.0% | -- |
| 06/20/2025 06/20/25 | Sold | $462,500 | -2.6% | $614 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | For Sale | $475,000 | 0.0% | $631 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $475,000 | +23.1% | $631 / Sq Ft |
| 03/18/2021 03/18/21 | Sold | $386,000 | +0.3% | $513 / Sq Ft |
| 02/17/2021 02/17/21 | Pending | -- | -- | -- |
| 02/03/2021 02/03/21 | Price Changed | $385,000 | -2.5% | $511 / Sq Ft |
| 12/17/2020 12/17/20 | For Sale | $395,000 | 0.0% | $525 / Sq Ft |
| 12/02/2020 12/02/20 | Pending | -- | -- | -- |
| 11/22/2020 11/22/20 | Price Changed | $395,000 | -3.7% | $525 / Sq Ft |
| 10/17/2020 10/17/20 | Price Changed | $410,000 | -6.8% | $544 / Sq Ft |
| 09/19/2020 09/19/20 | For Sale | $440,000 | -- | $584 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $4,913 | $408,563 | $326,851 | $81,712 |
| 2023 | $4,820 | $400,553 | $320,443 | $80,110 |
| 2022 | $4,595 | $392,700 | $314,160 | $78,540 |
| 2021 | $1,376 | $116,355 | $34,902 | $81,453 |
| 2020 | $1,387 | $115,163 | $34,545 | $80,618 |
| 2019 | $1,333 | $112,906 | $33,868 | $79,038 |
| 2018 | $1,325 | $110,693 | $33,204 | $77,489 |
| 2016 | $1,259 | $106,396 | $31,915 | $74,481 |
| 2015 | $1,240 | $104,799 | $31,436 | $73,363 |
| 2014 | $1,251 | $102,747 | $30,821 | $71,926 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Kim
Seller's Agent in 2025
Austin Kim
Solomon Realty
(323) 833-1702
2 in this area
11 Total Sales
-
David Kessler
Seller's Agent in 2025
David Kessler
Coldwell Banker Realty
(310) 245-6715
1 in this area
23 Total Sales
-
Rosana Clawson
Seller Co-Listing Agent in 2025
Rosana Clawson
Coldwell Banker Realty
(323) 371-2846
3 in this area
12 Total Sales
-
Alizabeth James
Seller's Agent in 2021
Alizabeth James
Realty Source Incorporated
(877) 449-7653
1 in this area
3 Total Sales
-
Jung Hong
Buyer's Agent in 2021
Jung Hong
Hope Investment
(818) 606-9486
3 in this area
19 Total Sales
Map
Source: The MLS
MLS Number: 20-635194
APN: 5504-030-030
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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