NOT LISTED FOR SALE

4925 Wilshire Blvd Unit PH 302 Los Angeles, CA 90010

Hancock Park Neighborhood

Estimated Value: $1,334,000 - $1,567,000

3 Beds
3 Baths
2,380 Sq Ft
$612/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $1,272,500 $535 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,727/month

13 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • Living Room with Fireplace
  • Third Street Elementary School Rated A
  • 0.44 Acre Lot
  • 4-minute walk to Mansfield Ave Park

About This Home

As of September 2020

Experience luxury modern living in this stunning PENTHOUSE in prime Hancock Park & THIRD SCHOOL DISTRICT. Elevator access opens directly into the unit, where you'll be led into its breathtaking living room with soaring 18ft ceilings, custom built architectural fireplace, & plenty of natural light. 3 extra large bedrooms all conveniently located on the SINGLE floor, giving you & your family tons of spacious room. The loft is perfect for entertaining or as an office/additional bedroom. Enjoy sweeping views across the treetops of LA from 3 large balconies & ROOFTOP sundeck with a clear view of the Hollywood sign from the master bedroom. Remarkably renovated w/ imported Italian ceramic tiles, hardwood flooring, custom built-in cabinets, floor-to-ceiling drapes, hanging pendant lights by classic mid-century designer George Nelson. Also features ample in-home storage, a PRIVATE STORAGE ROOM in the garage.

Last Agent to Sell the Property

Litta Lee

Coldwell Banker Realty License #01094655 Listed on: 07/20/2020

Coldwell Banker Realty

Last Buyer's Agent

Litta Lee

Coldwell Banker Residential Brokerage License #01094655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,551

Year Built

  • Built in 2003

Lot Details

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

HOA Fees

  • $680 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 2,380 Sq Ft Home
  • Living Room with Fireplace
  • Loft
  • Tile Flooring
  • City Lights Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5507-018-040

Community Details

Recreation

  • Fitness Center

Additional Features

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,551

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: 2380
  • Lot Acreage: 0.4380
  • Planned Urban Dev: 0
  • Year Built: 2003
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 544.12

Exterior Features

  • 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: Automatic Gate, Gated, Smoke Detector

Association/Amenities

  • Amenities: Exercise Room, Elevator
  • Pet Rules: Call

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 5507-018-040
  • Lot Size Area: 19079

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 16, 2020
Sold by
Moon William
Bought by
Lee Joo Ok
Seller's Agent
Litta Lee
Coldwell Banker Realty
Buyer's Agent
Litta Lee
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,272,500
Premium/Discount to List
-$22,500
-1.74%
Current Estimated Value
$1,457,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,201
Avg. Annual Appreciation
2.71%
Original Mortgage
$763,500
Outstanding Balance
$674,740
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$782,961

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 2, 2020
Sold by
Lee Caroline Chun
Bought by
Lee Joo Ok
Seller's Agent
Litta Lee
Coldwell Banker Realty
Buyer's Agent
Litta Lee
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,272,500
Premium/Discount to List
-$22,500
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,500
Outstanding Balance
$674,740
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$782,961

Purchase Details

Closed on
Jun 26, 2020
Sold by
Chun Susan B
Bought by
Lee Caroline Chun

Purchase Details

Closed on
Jun 6, 2006
Sold by
Lee Caroline Chun
Bought by
Lee Caroline Chun and Chun Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.57%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Lee Joo Ok -- Chicago Title Company
Lee Joo Ok $1,272,500 Chicago Title Company
Lee Caroline Chun -- Accommodation
Lee Caroline Chun -- None Available
Lee Caroline Chun -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Joo Ok $763,500
Previous Owner Lee Caroline Chun $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $1,272,500 -1.7% $535 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $1,295,000 -- $544 / 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 $16,551 $1,377,391 $844,404 $532,987
2024 $16,551 $1,350,385 $827,848 $522,537
2023 $16,233 $1,323,908 $811,616 $512,292
2022 $15,480 $1,297,950 $795,702 $502,248
2021 $15,286 $1,272,500 $780,100 $492,400
2020 $12,242 $999,724 $200,202 $799,522
2019 $11,755 $980,123 $196,277 $783,846
2018 $11,700 $960,906 $192,429 $768,477
2016 $11,179 $923,594 $184,957 $738,637
2015 $11,015 $909,721 $182,179 $727,542
2014 $9,869 $795,000 $159,000 $636,000
Source: Public Records

Agents Affiliated with this Home

  • Litta Lee

    Seller's Agent in 2020

    Litta Lee

    Coldwell Banker Realty

    (213) 595-2455

    1 in this area

    35 Total Sales

    Litta Lee
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Map

Source: The MLS

MLS Number: 20-606700

The MLS

APN: 5507-018-040

California Los Angeles County Los Angeles 90005 Hancock Park

4925 Wilshire Blvd Unit PH 302, Los Angeles, CA

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