NOT LISTED FOR SALE

4925 Wilshire Blvd Unit 303 Los Angeles, CA 90010

Hancock Park Neighborhood

Estimated Value: $1,443,219 - $1,640,000

3 Beds
2.5 Baths
2,709 Sq Ft
$540/mo HOA Fee

Last Sold June 20, 2012

Last sale price $720,000 $266 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $9,644/month

31 Days on Market

Highlights

  • City Lights View
  • 0.44 Acre Lot
  • 4-minute walk to Mansfield Ave Park
  • Third Street Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of June 2012

Actual unit # 303, Large upper level corner unit in Hancock Park. Security building with private elevator entry to unit. Spacious floor plan is accented with high ceilings and upper level loft with deck and view. Quality finishes and upgrades. Nice lobby and exercise room. Only 9 units in building.

Last Agent to Sell the Property

Randy Abrams

Podley Properties License #01270584 Listed on: 04/03/2012

Last Buyer's Agent

Vicky Hansen

Seven Gables Real Estate License #00696228

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,926

Year Built

  • Built in 2003

Lot Details

  • 0.44

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,709 Sq Ft Home
  • Living Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • 9 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53578
  • Assessor Parcel Number 5507018041

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,926

Year Built

Built in 2003

Lot Details

0

HOA Fees

$540 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5507018041
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2709.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 265.78
  • Room Type: Living Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 540.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 19082.00
  • Lot Size Acres: 0.4380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19082.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 53578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2015
Sold by
Kim Hyong Won and Kim Hyon Bang
Bought by
The 2015 Kim Family Trust
Current Estimated Value
$1,557,555

Purchase Details

Listed on
Apr 3, 2012
Closed on
May 10, 2012
Sold by
The Bank Of New York Mellon
Bought by
Kim Hyong Won and Kim Hyo Bang
Seller's Agent
Randy Abrams
Podley Properties
Buyer's Agent
Vicky Hansen
Seven Gables Real Estate
List Price
$792,900
Sold Price
$720,000
Premium/Discount to List
-$72,900
-9.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$400,000
Outstanding Balance
$56,379
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$1,501,176

Purchase Details

Closed on
Nov 22, 2011
Sold by
Lee Richard Jonghun
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 20, 2005
Sold by
Lee Rina Gy
Bought by
Lee Richard Jonghun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 24, 2003
Sold by
Wilshire Park Associates Llc
Bought by
Lee Richard Jonghun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
3.89%
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
The 2015 Kim Family Trust -- None Available
Kim Hyong Won $720,000 Landsafe Title
The Bank Of New York Mellon $778,500 Landsafe Title
Lee Richard Jonghun -- Stewart Title
Lee Richard Jonghun -- Stewart Title
Lee Richard Jonghun $872,000 Ort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Hyong Won $400,000
Previous Owner Lee Richard Jonghun $668,000
Previous Owner Lee Richard Jonghun $641,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2012 06/20/12 Sold $720,000 -4.0% $266 / Sq Ft
05/04/2012 05/04/12 Pending -- -- --
04/25/2012 04/25/12 Price Changed $749,900 -5.4% $277 / Sq Ft
04/03/2012 04/03/12 For Sale $792,900 -- $293 / 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 $10,926 $904,348 $287,380 $616,968
2024 $10,926 $886,617 $281,746 $604,871
2023 $10,718 $869,233 $276,222 $593,011
2022 $10,225 $852,190 $270,806 $581,384
2021 $10,087 $835,482 $265,497 $569,985
2019 $9,785 $810,703 $257,623 $553,080
2018 $9,732 $794,808 $252,572 $542,236
2016 $9,291 $763,946 $242,765 $521,181
2015 $9,155 $752,472 $239,119 $513,353
2014 $9,186 $737,733 $234,435 $503,298
Source: Public Records

Agents Affiliated with this Home

  • Randy Abrams

    Seller's Agent in 2012

    Randy Abrams

    Podley Properties

    (626) 222-3954

    21 Total Sales

    Randy Abrams
    Section Image
  • Vicky Hansen

    Buyer's Agent in 2012

    Vicky Hansen

    Seven Gables Real Estate

    (626) 408-1678

    18 Total Sales

    Vicky Hansen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12043000

California Regional Multiple Listing Service (CRMLS)

APN: 5507-018-041

California Los Angeles County Los Angeles 90005 Hancock Park

4925 Wilshire Blvd Unit 303, Los Angeles, CA

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