NOT LISTED FOR SALE

509 S Grand View St Unit 1 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $933,000 - $1,896,000

1 Bed
1 Bath
650 Sq Ft
8,250 Sq Ft Lot

Highlights

  • Gated Parking
  • Air Conditioning
  • Living Room
  • Contemporary Architecture
  • Views
  • Ceiling Fan

About This Home

As of September 2022

Beautiful 1 bed 1 bath downstairs unit. ALL UTILITIES ARE INCLUDED (Electricity, Gas, Water and Trash). Rare spacious vacancy with assigned parking spaces. Laminate wood floors throughout, new toilets, new refrigerator. Community laundry area which feels like in unit laundry. Lots of natural light and fantastic views of the city. Located near the MacArthur Park. Vibrant urban neighborhood. Westlake/MacArthur Metro station with access to the Red and Purple lines. Many famous restaurants, shops, bars, pubs, minutes from Downtown Los Angeles / LA LIVE.

Last Agent to Rent the Property

Bruce Lee

TRRG Management License #02032112 Listed on: 08/13/2022

Last Renter's Agent

Maria Del Socorro Rosales

eXp Realty of California Inc License #02178658

eXp Realty of California Inc

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,768

Year Built

  • Built in 1896

Lot Details

  • Gated Home

Home Design

  • Contemporary Architecture

Interior Spaces

  • 650 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Laminate Flooring
  • Oven or Range
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Gated Parking
  • Assigned Parking

Utilities

  • Air Conditioning
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5154-037-016

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 4 Units
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,768

Year Built

Built in 1896

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Electricity, Gas, Trash Collection, Water
  • Security Deposit: 2000

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 650
  • Lot Acreage: 0.1894
  • Year Built: 1896
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 2.77

Exterior Features

  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned, Gated
  • Total Parking: 1

Utilities

  • Cooling: Ceiling Fan, Heat Pump(s), Air Conditioning
  • Heating: Heat Pump
  • Security: Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5154-037-016
  • Lot Size Area: 8249

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Lee Soon Jae
Bought by
Lee Soon Jae
Current Estimated Value
$1,343,135

Purchase Details

Closed on
Apr 2, 2020
Sold by
Lee Soon Jae and Kwon Soon J
Bought by
Lee Soon Jae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2020
Sold by
Kong Sally
Bought by
Kwon Soon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2015
Sold by
Jay Management Llc
Bought by
Kwon Soon J

Purchase Details

Closed on
Mar 19, 2008
Sold by
Kong Sally
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 7, 2007
Sold by
Kwon Soon J
Bought by
Jay Management Llc

Purchase Details

Closed on
May 1, 2007
Sold by
Kong Sally
Bought by
Kwon Soon J

Purchase Details

Closed on
Mar 3, 2006
Sold by
Cha Kyung Sook and Cha Sang Lyong
Bought by
Kong Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
8.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2005
Sold by
Piercy Gina
Bought by
Cha Kyung Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2004
Sold by
Barnes Lawrence G and Barnes Susan E
Bought by
Piercy Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.5%
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
Lee Soon Jae -- None Available
Lee Soon Jae -- Provident Title Company
Kwon Soon J -- Provident Title Company
Lee Soon Jae -- Provident Title Company
Kwon Soon J -- None Available
Aurora Loan Services Llc $716,434 Accommodation
Jay Management Llc -- Accommodation
Kwon Soon J -- Lawyers Title
Kong Sally $840,000 Chicago Title Co
Cha Kyung Sook -- Chicago Title Co
Cha Kyung Sook -- Provident Title
Piercy Gina $650,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Soon Jae $945,000
Previous Owner Cha Kyung Sook $672,000
Previous Owner Cha Kyung Sook $504,000
Previous Owner Piercy Gina $500,000
Closed Piercy Gina $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Rented $1,800 0.0% --
08/16/2022 08/16/22 Under Contract -- -- --
08/13/2022 08/13/22 For Rent $1,800 -- --
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 $12,768 $1,026,754 $696,069 $330,685
2024 $12,768 $1,006,622 $682,421 $324,201
2023 $12,532 $986,886 $669,041 $317,845
2022 $11,967 $967,536 $655,923 $311,613
2021 $11,800 $948,565 $643,062 $305,503
2020 $11,914 $939,320 $636,469 $302,851
2019 $11,084 $891,893 $623,990 $267,903
2018 $10,950 $874,415 $611,755 $262,660
2016 $10,439 $840,000 $588,000 $252,000
2015 $12,804 $1,038,264 $765,038 $273,226
2014 -- $1,017,926 $750,052 $267,874
Source: Public Records

Agents Affiliated with this Home

  • Bruce Lee

    Landlord's Agent in 2022

    Bruce Lee

    TRRG Management

    (213) 705-1111

    27 Total Sales

    Bruce Lee
    Section Image

  • M

    Tenant's Agent in 2022

    Maria Del Socorro Rosales

    eXp Realty of California Inc

    Section Image
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Map

Source: The MLS

MLS Number: 22-189491

The MLS

APN: 5154-037-016

California Los Angeles County Los Angeles 90057 Westlake

509 S Grand View St Unit 1, Los Angeles, CA

This home is located at 509 S Grand View St Unit 1, Los Angeles, CA 90057 since 13 August 2022 and is currently priced at $1,343,135. This property was built in 1896. 509 S Grand View St Unit 1 is a home located in Los Angeles County with nearby schools including Charles White Elementary School, John H. Liechty Middle School, and Belmont High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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