NOT LISTED FOR SALE

Estimated Value: $543,000 - $584,690

2 Beds
1 Bath
850 Sq Ft
$301/mo HOA Fee

Last Sold November 30, 2023

Last sale price $545,000 $641 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,932/month

9 Days on Market

Highlights

  • Gated Parking
  • Courtyard Views
  • Living Room
  • 0.62 Acre Lot
  • Open Patio
  • Controlled Access

About This Home

As of November 2023

Welcome to this charming 2-bedroom condo located in the heart of NoHo Arts District. This delightful unit is situated in a quaint courtyard-style building with a secure, gated underground garage for your peace of mind and privacy. Upon entry, you'll be captivated by the laminate wood floors, which add a touch of elegance to the entire space. The living room features large sliding doors that provide a serene courtyard view, filling the room with natural light. The many windows in the unit ensure the living, dining, and kitchen areas are bathed in refreshing sunlight.
Modern comfort is at your fingertips with central heating and air conditioning, controllable through a Nest thermostat accessible via your phone. The well-equipped kitchen boasts a breakfast bar and stainless steel appliances, including a gas oven/stove, refrigerator, dishwasher, and built-in microwave. Two nice size bedrooms offer ample closet space for your storage needs. The full bathroom has convenient access from both the larger bedroom and the hallway, enhancing its practicality and functionality. The complex is well maintained, featuring a spacious open courtyard and newer dual-pane windows in all units. Additionally, residents benefit from FREE laundry facilities with five washers and dryers, making daily life more convenient. Pet owners will appreciate the on-site dog run for their furry companions.
With the added convenience of two-car tandem parking and low HOA fees, this condo is an excellent choice for owner-users or investors. Don't miss this opportunity to own a gem in the NoHo Arts District, with easy access to cafes, restaurants, theaters, art galleries, and the Metro Red Line for a straightforward commute to DTLA!

Last Agent to Sell the Property

Nick and Mike

Keller Williams R. E. Services License #00976678 Listed on: 10/17/2023

Keller Williams R. E. Services

Last Buyer's Agent

Valerie Valenzuela

Golden Stars Realty License #01888742

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,689

Year Built

  • Built in 1985

Lot Details

  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Driveway Down Slope From Street
  • Gated Parking
  • Parking Lot
  • Community Parking Structure

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laminate Flooring
  • Courtyard Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 66527
  • Assessor Parcel Number 2416025043
  • $143 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 30 Units
  • Magnolia Arts HOA, Phone Number (888) 700-5226
  • Resource Property Management Inc HOA
  • Maintained Community

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,689

Year Built

Built in 1985

Lot Details

0

HOA Fees

$301 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: N&M Team`
  • Other Phone Number: 818-275-2480
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2416025043
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 641.18
  • Room Type: Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Down Slope From Street, Garage, Gated, Parking Space, Structure, Tandem Covered, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Controlled Access, Maintenance Front Yard
  • Association Fee: 300.76
  • Association Fee Frequency: Monthly
  • Association Name: Magnolia Arts HOA
  • Phone: (888) 700-5226
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Resource Property Management Inc

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 26999.00
  • Lot Size Acres: 0.6198

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26999.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 30

Tax Info

  • Tax Census Tract: 1253.21
  • Tax Lot: 1
  • Tax Tract Number: 66527
  • TaxOtherAnnualAssessmentAmount: 143.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Oct 31, 2023
Sold by
Arzoomanian Leo
Bought by
Wilson Kyle A
Seller's Agent
Nick and Mike
Keller Williams R. E. Services
Buyer's Agent
Valerie Valenzuela
Golden Stars Realty
List Price
$525,000
Sold Price
$545,000
Premium/Discount to List
$20,000
3.81%
Views
57
Current Estimated Value
$564,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,173
Avg. Annual Appreciation
2.05%
Original Mortgage
$436,000
Outstanding Balance
$429,299
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$134,874

Purchase Details

Closed on
Oct 21, 2009
Sold by
Heritage Denny Properties Llc
Bought by
Arzoomanian Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.02%
Mortgage Type
New Conventional
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
Wilson Kyle A $545,000 Lawyers Title Company
Arzoomanian Leo $225,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Kyle A $225,000
Open Wilson Kyle A $436,000
Previous Owner Arzoomanian Leo $148,500
Previous Owner Arzoomanian Leo $162,500
Previous Owner Arzoomanian Leo $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $545,000 +3.8% $641 / Sq Ft
10/17/2023 10/17/23 For Sale $525,000 -- $618 / 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 $6,689 $555,900 $387,396 $168,504
2024 $6,689 $545,000 $379,800 $165,200
2023 $3,498 $279,144 $148,505 $130,639
2022 $3,332 $273,672 $145,594 $128,078
2021 $3,289 $268,307 $142,740 $125,567
2019 $3,189 $260,351 $138,507 $121,844
2018 $3,169 $255,247 $135,792 $119,455
2016 $3,022 $245,337 $130,520 $114,817
2015 $2,959 $241,653 $128,560 $113,093
2014 $2,974 $236,920 $126,042 $110,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23190816

California Regional Multiple Listing Service (CRMLS)

APN: 2416-025-043