NOT LISTED FOR SALE

Element 436 436 S Virgil Ave Unit 209 Los Angeles, CA 90020

Westlake Neighborhood

Estimated Value: $767,676 - $1,104,000

3 Beds
2 Baths
1,385 Sq Ft
$399/mo HOA Fee

Last Sold April 19, 2019

Last sale price $710,000 $513 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,680/month

46 Days on Market

Highlights

  • Automatic Gate
  • Updated Kitchen
  • Main Floor Primary Bedroom
  • City Lights View
  • Open Floorplan
  • 4-minute walk to Shatto Recreation Center

About This Home

As of April 2019

Gorgeous turnkey newly built corner unit condominium in the mid-town area of Wilshire, conveniently located in Koreatown. The Element436 complex is closely located to downtown Los Angeles. Priced to sell, this one won't last long! This immaculately taken care of property features spacious living including 3 bedrooms, 2 bathrooms, an open concept living room, dining room, kitchen, and three balconies/patios to enjoy! It features modern designer surfaces including recessed lighting and chic hardwood floors. Generous detailed kitchen with Quartz counter tops, custom designed glass & natural stone backsplash, modern cabinetry, stainless steel appliances. Spacious laundry room allows for a full sized washer and dryer. Two parking spaces in the secured garage, bicycle storage. Electric vehicle charging stations are allowable. On-site fitness center with state-of-the-art equipment; also includes a boxing fitness and yoga/meditation area. The property common areas include a courtyard as well as exterior common areas with relaxed seating and a community BBQ grill. On-site pet friendly area with a secure dog walk. The master bedroom suite has a large bathroom and mirrored closets, plus a patio off of it. The other two bedrooms are nicely sized and also contain mirrored closets. One of those bedrooms has an outdoor patio to enjoy your morning cup of coffee. Sliding door in the leaving room leading to another one of the private balconies to enjoy warm California nights. MUST SEE!!!

Last Agent to Sell the Property

Alex Tipakov

Century 21 Discovery License #01997153 Listed on: 01/14/2019

Century 21 Discovery

Co-Listed By

Valentina Sharp

Century 21 Discovery License #01320727

Last Buyer's Agent

Alex Tipakov

Century 21 Discovery License #01997153 Listed on: 01/14/2019

Century 21 Discovery

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,457

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • Two or More Common Walls
  • Sprinkler System

HOA Fees

  • $399 Monthly HOA Fees

Parking

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

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Turnkey
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,385 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Panel Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dressing Area
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Security Lights
  • Alarm System

Accessible Home Design

  • Doors are 32 inches wide or more
  • No Interior Steps
  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Cooling System Powered By Gas
  • Ducts Professionally Air-Sealed
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1/74
  • Tax Tract Number 54352
  • Assessor Parcel Number 5077001053

Community Details

Overview

  • 74 Units
  • Pmp Association, Phone Number (310) 694-0600

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,457

Year Built

Built in 2016 | Remodeled

Lot Details

0

HOA Fees

$399 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Fire Sprinkler System, Security Lights, Wired for Alarm System
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5077001053
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1385.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors, No Interior Steps, Parking, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen, In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 512.64
  • Room Type: All Bedrooms Down, Dressing Area, Entry, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Office
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Linen Closet/Storage, Quartz Counters, Remodeled, Upgraded, Vanity Area
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Ducts Professionally Air-Sealed, Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area
  • Association Fee: 399.00
  • Association Fee Frequency: Monthly
  • Association Name: PMP
  • Phone: 310-694-0600
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinkler System

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 74
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1/74
  • Tax Tract Number: 54352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2019
Sold by
Schroeder Christopher Jon
Bought by
The Yu Kim Family Trust
Current Estimated Value
$858,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
4.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 25, 2018
Closed on
Apr 2, 2018
Sold by
Element 436 Llc
Bought by
Schroeder Christopher Jon
Seller's Agent
Kelly West
KW Advisors
Buyer's Agent
Alex Tipakov
Century 21 Discovery
List Price
$794,350
Sold Price
$779,000
Premium/Discount to List
-$15,350
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
Original Mortgage
$691,543
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 30, 2018
Sold by
Schroeder Maria
Bought by
Schroeder Christopher Jon
Seller's Agent
Kelly West
KW Advisors
Buyer's Agent
Alex Tipakov
Century 21 Discovery
List Price
$794,350
Sold Price
$779,000
Premium/Discount to List
-$15,350
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,543
Interest Rate
4.5%
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
The Yu Kim Family Trust $710,000 Stewart Title Of Ca Inc
Schroeder Christopher Jon $779,000 Fidelity National Title Grou
Schroeder Christopher Jon -- Fidelity National Title Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Yu Kim Family Trust $532,500
Previous Owner Schroeder Christopher Jon $691,543
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2019 04/19/19 Sold $710,000 -9.0% $513 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/09/2019 02/09/19 Price Changed $779,900 -2.5% $563 / Sq Ft
01/14/2019 01/14/19 For Sale $799,900 +2.7% $578 / Sq Ft
04/05/2018 04/05/18 Sold $779,000 0.0% $562 / Sq Ft View Prior Sale
02/02/2018 02/02/18 Price Changed $779,000 -1.9% $562 / Sq Ft
01/25/2018 01/25/18 For Sale $794,350 -- $574 / 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 $9,457 $792,012 $237,603 $554,409
2024 $9,457 $776,484 $232,945 $543,539
2023 $9,275 $761,260 $228,378 $532,882
2022 $8,843 $746,334 $223,900 $522,434
2021 $8,730 $731,701 $219,510 $512,191
2020 $8,820 $724,200 $217,260 $506,940
2019 $9,459 $794,580 $477,360 $317,220
2018 $5,905 $483,785 $121,726 $362,059
2017 $5,684 $474,300 $119,340 $354,960
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alex Tipakov

    Century 21 Discovery

    Section Image
  • Valentina Sharp

    Seller Co-Listing Agent in 2019

    Valentina Sharp

    Century 21 Discovery

    (714) 626-2000

    25 Total Sales

    Valentina Sharp
    Section Image

  • K

    Seller's Agent in 2018

    Kelly West

    KW Advisors

    Section Image
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About Element 436

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19010442

California Regional Multiple Listing Service (CRMLS)

APN: 5077-001-053

California Los Angeles County Los Angeles 90020 Westlake

436 S Virgil Ave Unit 209, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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