$416,000 - $464,000
RENTED AUG 1, 2025
1 Bed
1 Bath
715 Sq Ft
0.31 Acres

Last Sold July 16, 2018

Last sale price $389,900 $545 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,801/month

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Neighborhood Views
  • Laundry Room
  • Family Room

About This Home

As of August 2025

Remodeled 1-Bedroom Condo in Prime Hancock Park Adjacent Location!
This renovated 1-bedroom condo has everything: Fantastic location near Hancock Park, tons of natural light, private outdoor space and deeded parking!
When you enter the second-floor condo, you’ll find an open floorplan with LVP floors (no carpets here) and fresh paint. The renovated farmhouse kitchen features timeless Shaker cabinetry, butcher block countertops, and a large apron-front sink.
Just off the dining area, the private balcony has courtyard views and offers a quiet spot for your morning coffee & plenty of sun for an herb garden. On the other side of the floorplan, you’ll find the bedroom and beautifully renovated bathroom, complete with a new quartz-topped vanity, plenty of storage and a custom tiled shower. Don’t forget about all the bonus storage, including large closets and deep hallway built-ins.
This unit also comes with a gated, lighted, underground parking spot (assigned!). From there, you can take the elevator directly to your floor. The Fairmount Condo complex is always well-maintained, with attractive landscaping, a central courtyard and a lovely lobby.
Other amenities: Laundry onsite & an Amazon package hub! This 30-unit building sits on a tree-lined street adjacent to trendy Hancock Park. You’ll be within walking distance of several bus stops & the MetroLink Station, with countless shopping & dining options along Western & Wilshire Blvds. Easy access to Larchmont Village, downtown LA, Hollywood & the beach!
*1 assigned parking spot in gated underground garage.
*Community laundry room
*Tenant pays for all utilities
*Pets are not allowed

Last Agent to Rent the Property

YVONNE WU

RT Property Management Brokerage Phone: 6262099532 License #01974758 Listed on: 03/25/2025

Last Renter's Agent

YVONNE WU

RT Property Management Brokerage Phone: 6262099532 License #01974758 Listed on: 03/25/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,209

Year Built

  • Built in 1965

Lot Details

  • 0.31

Parking

  • 1 Car Garage

Interior Spaces

  • 715 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Wall Furnace

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Security Deposit $2,300
  • 12-Month Minimum Lease Term
  • Available 3/21/25
  • Tax Tract Number 19959
  • Assessor Parcel Number 5504030038

Community Details

Overview

  • No Home Owners Association
  • 30 Units

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,209

Year Built

Built in 1965

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit
  • Available Date: 2025-03-21
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 2300
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5504030038
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 715.00 Square Feet
  • Stories: 1
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.35
  • Room Type: Family Room, Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 13470.00
  • Lot Size Acres: 0.3092

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 13470.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 30

Tax Info

  • Tax Census Tract: 2117.03
  • Tax Tract Number: 19959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 9, 2018
Sold by
Pitre Johathan
Bought by
Tung Ken I and Liang Wanyi
Seller's Agent
Erica Jones
eXp Realty of California Inc
Buyer's Agent
Wayne Tung
IRN Realty
List Price
$389,900
Sold Price
$389,900
Total Days on Market
118
Current Estimated Value
$437,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,915
Avg. Annual Appreciation
1.64%
Original Mortgage
$311,920
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2016
Closed on
Oct 19, 2016
Sold by
Lee Soon Cho
Bought by
Pitre Johathan
Seller's Agent
Joanne Shin
Choice 100 Realty, Inc.
Buyer's Agent
Erica Jones
eXp Realty of California Inc
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$333,841
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2006
Sold by
Yoshimura Richard Yukio and Koo Gina Hoyon
Bought by
Lee Soon Cho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2005
Sold by
Martinez Ralph and Wright James A
Bought by
Yoshimura Richard Yukio and Koo Gina Hoyon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 30, 2004
Sold by
Martinez Ralph
Bought by
Martinez Ralph and Wright James A

Purchase Details

Closed on
Jul 8, 2004
Sold by
Dapkus Trinidad Abulencia and Abulencia Trinidad
Bought by
Martinez Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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
Tung Ken I $390,000 Chicago Title Company
Pitre Johathan $340,000 Provident Title Company
Lee Soon Cho $340,000 Chicago Title Co
Lee Soon Cho -- Chicago Title Co
Yoshimura Richard Yukio $290,000 --
Martinez Ralph -- --
Martinez Ralph $228,000 United Title Company-La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tung Ken I $316,800
Closed Tung Ken L $12,400
Closed Tung Ken I $311,920
Previous Owner Pitre Johathan $341,181
Previous Owner Pitre Johathan $333,841
Previous Owner Lee Soon Cho $240,000
Previous Owner Yoshimura Richard Yukio $232,000
Previous Owner Martinez Ralph $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Rented $1,680 0.0% --
07/21/2025 07/21/25 Under Contract -- -- --
06/27/2025 06/27/25 Price Changed $1,680 -11.6% $2 / Sq Ft
04/21/2025 04/21/25 Price Changed $1,900 -11.6% $3 / Sq Ft
04/07/2025 04/07/25 Price Changed $2,150 -6.5% $3 / Sq Ft
03/25/2025 03/25/25 For Rent $2,300 +9.5% --
12/29/2023 12/29/23 Rented $2,100 0.0% --
12/28/2023 12/28/23 Under Contract -- -- --
11/30/2023 11/30/23 Price Changed $2,100 -4.5% $3 / Sq Ft
11/06/2023 11/06/23 For Rent $2,200 0.0% --
07/16/2018 07/16/18 Sold $389,900 0.0% $545 / Sq Ft
06/07/2018 06/07/18 For Sale $389,900 +14.7% $545 / Sq Ft
10/25/2016 10/25/16 Sold $340,000 0.0% $476 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
09/22/2016 09/22/16 Off Market $340,000 -- --
08/19/2016 08/19/16 For Sale $345,000 -- $483 / Sq Ft
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 $5,209 $434,936 $347,928 $87,008
2024 $5,209 $426,408 $341,106 $85,302
2023 $5,111 $418,048 $334,418 $83,630
2022 $4,874 $409,852 $327,861 $81,991
2021 $4,811 $401,817 $321,433 $80,384
2019 $4,666 $389,900 $311,900 $78,000
2018 $4,231 $346,800 $277,440 $69,360
2016 $3,772 $317,400 $254,200 $63,200
2015 $3,100 $261,000 $209,000 $52,000
2014 $3,178 $261,000 $209,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25062483

California Regional Multiple Listing Service (CRMLS)

APN: 5504-030-038