NOT LISTED FOR SALE

4925 Wilshire Blvd Unit 301 Los Angeles, CA 90010

Hancock Park Neighborhood

Estimated Value: $1,392,000 - $1,597,000

3 Beds
3 Baths
2,553 Sq Ft
$587/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,365,000 $535 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,059/month

46 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • Wood Flooring
  • Third Street Elementary School Rated A
  • 0.44 Acre Lot
  • 4-minute walk to Mansfield Ave Park

About This Home

As of September 2020

Gorgeous stunning penthouse luxury condo in the heart of Hancock Park.Private elevator that takes you directly to your phenomenal 3beds and 3bath.Huge living room which is great for entertaining with the over14 ft high ceilings and great view, light and bright.South facing.open to a large patio. wood flooring.Gourmet kitchen with lots of cabinet space.Great patio next to the kitchen. Luxurious master suite with large walk-in closet and lots of storage space. Very quiet and private master bedroom.Good size of 2nd bedroom with its own walk-in closet. Loft style of den could be office room or your own exercise room with a large patio.Corner unit.This unique unit has an open floor plan with ample balconies. Third street school district.Gated Side by side parking.Building has fitness room.Close to Beverly hills, Miracle mile, Larchmont near restaurant and shopping and market.This is an absolute gem in Hancock Park.3D Tour available, 3D Link : https://my.matterport.com/show/?m=BxrjyrE2ELp&

Last Agent to Sell the Property

Kay Park

Dream Realty & Investments Inc License #01268123 Listed on: 06/18/2020

Dream Realty & Investments Inc

Last Buyer's Agent

Bruce Walker

Rodeo Realty License #00981766

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,934

Year Built

  • Built in 2003

Lot Details

  • 0.44 Acre Lot
  • South Facing Home
  • Gated Home
  • Property is zoned LACR(PKM)

HOA Fees

  • $680 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 2,553 Sq Ft Home
  • Dining Area
  • Den
  • Wood Flooring
  • City Lights Views

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Assigned Parking
  • Controlled Entrance

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5507-018-039

Community Details

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,934

Year Built

Built in 2003

Lot Details

0

HOA Fees

$680 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: The Grand wilshire
  • Entry Floor: 3
  • Living Area: 2553
  • Lot Acreage: 0.4380
  • Planned Urban Dev: 0
  • Year Built: 2003
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Appliances: Gas, Oven-Gas
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 547.98

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Covered Parking, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated

Association/Amenities

  • Amenities: Exercise Room
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 680.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5507-018-039
  • Geocode Override: No
  • Lot Size Area: 19079

Multi Family

  • Number Of Units: 9

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 11, 2020
Sold by
Yun Ja Yong
Bought by
Turner James L and The James L Turner Revocable T
Seller's Agent
Kay Park
Dream Realty & Investments Inc
Buyer's Agent
Bruce Walker
Rodeo Realty
List Price
$1,499,000
Sold Price
$1,365,000
Premium/Discount to List
-$134,000
-8.94%
Current Estimated Value
$1,498,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,821
Avg. Annual Appreciation
1.83%
Original Mortgage
$819,000
Outstanding Balance
$746,602
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$752,219

Purchase Details

Closed on
Aug 24, 2015
Sold by
Park Jayn
Bought by
Yun Ja Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2015
Sold by
Park Jason
Bought by
Park Jayn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 2009
Sold by
Kim Min S
Bought by
Park Jayn

Purchase Details

Closed on
Nov 8, 2005
Sold by
Park Jason
Bought by
Kim Min S

Purchase Details

Closed on
Sep 24, 2003
Sold by
Wilshire Park Associates Llc
Bought by
Park Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Turner James L $1,365,000 Provident Title Company
Yun Ja Yong $950,000 Chicago Title Company
Park Jayn -- Chicago Title Co
Park Jayn -- None Available
Kim Min S -- Commonwealth Title
Park Jason $859,000 Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner James L $819,000
Previous Owner Yun Ja Yong $550,000
Previous Owner Park Jason $600,000
Closed Park Jason $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $1,365,000 -2.4% $535 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/21/2020 07/21/20 Price Changed $1,399,000 -6.7% $548 / Sq Ft
06/18/2020 06/18/20 For Sale $1,499,000 -- $587 / 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 $17,934 $1,477,517 $905,128 $572,389
2024 $17,740 $1,448,547 $887,381 $561,166
2023 $17,399 $1,420,145 $869,982 $550,163
2022 $16,591 $1,392,300 $852,924 $539,376
2021 $16,383 $1,365,000 $836,200 $528,800
2020 $12,595 $1,028,309 $151,540 $876,769
2019 $12,094 $1,008,147 $148,569 $859,578
2018 $12,038 $988,380 $145,656 $842,724
2016 $11,501 $950,000 $140,000 $810,000
2015 $11,660 $956,200 $764,500 $191,700
2014 $10,486 $838,000 $670,000 $168,000
Source: Public Records

Agents Affiliated with this Home

  • Kay Park

    Seller's Agent in 2020

    Kay Park

    Dream Realty & Investments Inc

    (213) 675-1413

    4 in this area

    55 Total Sales

    Kay Park
    Section Image
  • Bruce Walker

    Buyer's Agent in 2020

    Bruce Walker

    Rodeo Realty

    (310) 623-8722

    1 in this area

    22 Total Sales

    Bruce Walker
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-592914

The MLS

APN: 5507-018-039

California Los Angeles County Los Angeles 90005 Hancock Park

4925 Wilshire Blvd Unit 301, Los Angeles, CA

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