$597,000 - $676,000
RENTED JAN 24, 2025
2 Beds
2 Baths
1,428 Sq Ft
1.08 Acres

Last Sold December 01, 2015

Last sale price $445,000 $312 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,171/month

Highlights

  • Gated Community
  • 1.08 Acre Lot
  • Community Pool
  • City Lights View
  • Main Floor Bedroom
  • 5-minute walk to Lafayette Park

About This Home

As of January 2025

CLOSE VICINITY TO EVERYTHING, KOREA TOWN & DOWNTOWN. UNIT HAS NICE VIEW OF DOWNTOWN WITH HUGE BALCONY..... BRIGHT AND HIGH CEILING WITH SKYLIGHT MAKES THE UNIT MORE BRIGHTER AND AIRY ,,,, NICELY MAINTAINED LAMINATED FLOOR..... LARGE SWIMMING POOL WITH COZY COURTYARD AND GYM.... SIDE BY SIDE 2 PARKING SPACES...

Last Agent to Rent the Property

Jane Kim

Best Realty & Investment, Inc. Brokerage Phone: 213-249-1998 License #01735726 Listed on: 10/29/2024

Last Renter's Agent

Jane Kim

Best Realty & Investment, Inc. Brokerage Phone: 213-249-1998 License #01735726 Listed on: 10/29/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,354

Year Built

  • Built in 1981

Lot Details

  • 1.08

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Living Room Balcony
  • Laminate Flooring
  • City Lights Views
  • Electric Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Additional Features

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

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues, pool
  • 12-Month Minimum Lease Term
  • Available 10/29/24
  • Tax Lot 1
  • Tax Tract Number 38030
  • Assessor Parcel Number 5155011118

Community Details

Overview

  • Property has a Home Owners Association
  • 57 Units

Recreation

  • Community Pool

Pet Policy

  • Pet Deposit $1,000

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,354

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-10-29
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 1000
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5155011118
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1428.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Stories: 1
  • Entry Location: 1st floor
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.10
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 46963.00
  • Lot Size Acres: 1.0781

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 46963.0000 Square Feet
  • Number Of Units In Community: 57
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Pool

Tax Info

  • Tax Census Tract: 2087.10
  • Tax Lot: 1
  • Tax Tract Number: 38030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2018
Sold by
Park Iris C
Bought by
Twin Park Investment Llc
Current Estimated Value
$664,903

Purchase Details

Listed on
Oct 8, 2015
Closed on
Oct 28, 2015
Sold by
Chun Janete
Bought by
Park Iris C and Park Sean S
Seller's Agent
Jane Kim
Best Realty & Investment, Inc.
Buyer's Agent
Steve Kim
Best Realty & Investment, Inc.
List Price
$459,000
Sold Price
$445,000
Premium/Discount to List
-$14,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Original Mortgage
$300,000
Outstanding Balance
$236,374
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$410,123

Purchase Details

Closed on
May 21, 2007
Sold by
Lee Jung Hi and The Jung Hi Lee Revocable Livi
Bought by
Chun Janete

Purchase Details

Closed on
Aug 4, 2006
Sold by
Lee Jung Hi
Bought by
Lee Jung Hi and The Jung Hi Lee Revocable Living Trust

Purchase Details

Closed on
Jul 24, 2001
Sold by
Cipos Joyce Verrilli
Bought by
Lee Jung Hi
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
Twin Park Investment Llc -- Provident Title
Park Iris C $445,000 Chicago Title Co
Chun Janete -- None Available
Lee Jung Hi -- Accommodation
Lee Jung Hi $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Iris C $300,000
Previous Owner Cipos Joyce Verrilli $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Rented $2,995 0.0% --
11/29/2024 11/29/24 Price Changed $2,995 -3.4% $2 / Sq Ft
10/29/2024 10/29/24 For Rent $3,100 +21.6% --
02/03/2018 02/03/18 Rented $2,550 0.0% --
02/01/2018 02/01/18 Under Contract -- -- --
01/18/2018 01/18/18 For Rent $2,550 +2.0% --
03/30/2017 03/30/17 Rented $2,500 0.0% --
03/30/2017 03/30/17 Under Contract -- -- --
03/19/2017 03/19/17 For Rent $2,500 +2.0% --
03/15/2016 03/15/16 Rented $2,450 +2.1% --
03/03/2016 03/03/16 Under Contract -- -- --
02/03/2016 02/03/16 For Rent $2,400 0.0% --
12/01/2015 12/01/15 Sold $445,000 -3.1% $312 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $459,000 -- $321 / 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 $6,354 $526,783 $268,008 $258,775
2024 $6,354 $516,454 $262,753 $253,701
2023 $6,234 $506,328 $257,601 $248,727
2022 $5,946 $496,400 $252,550 $243,850
2021 $5,866 $486,668 $247,599 $239,069
2020 $5,925 $481,679 $245,061 $236,618
2019 $5,690 $472,235 $240,256 $231,979
2018 $5,666 $462,977 $235,546 $227,431
2016 $5,411 $445,000 $226,400 $218,600
2015 $5,173 $425,000 $259,000 $166,000
2014 $4,079 $325,000 $198,000 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24223703

California Regional Multiple Listing Service (CRMLS)

APN: 5155-011-118