NOT LISTED FOR SALE

Estimated Value: $364,000 - $491,000

1 Bed
1 Bath
640 Sq Ft
$325/mo HOA Fee

Last Sold March 15, 2024

Last sale price $470,000 $734 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,005/month

24 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Normandie Station
  • 1.69 Acre Lot
  • UCLA Community School Rated A-
  • Gated Parking
  • Main Floor Bedroom

About This Home

As of March 2024

Welcome to this stunning, move-in ready one-bedroom, one-bathroom condo located in the heart of Koreatown, Los Angeles, which is ready to call it home. This modern living space has been updated with a new glass-door shower, new kitchen cabinets featuring quartz countertop, stainless steel appliances, and vinyl flooring. The living room features AC and heater unit, ensuring that you're always comfortable no matter the season. The bedroom boasts a large walk-in closet, providing plenty of space to store your belongings. You'll also love the charming patio, perfect for relaxing and enjoying the warm California weather. The building amenities include an on-site spa, sauna, fitness center, meeting room, laundry facility and a gated garage parking with one assigned space. Located in a highly walkable location, you'll have easy access to some of the best nightlife, restaurants, and shopping in the city. You're just minutes from Downtown Los Angeles, Silver Lake, Hollywood, and Beverly Hills, allowing you to experience everything Los Angeles has to offer. Easy access to public transportation, including Normandie and Vermont Metro Stations nearby, and major freeways (10 and 101). Don’t miss the opportunity to make this modern, centrally located move-in ready condo your new home. Schedule a viewing today!

Last Agent to Sell the Property

Ekaterina Egorova

NextHome Grandview License #02209764 Listed on: 12/18/2023

NextHome Grandview

Last Buyer's Agent

Salvador Monteon

Luxury Collective License #01701647

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Vinyl Flooring
  • Laundry Room
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Additional Features

  • Balcony
  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23356
  • Assessor Parcel Number 5503024129

Community Details

Overview

  • 175 Units
  • Park Villas Association, Phone Number (213) 465-4858
  • Apple Tree Management HOA

Amenities

  • Picnic Area
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,225

Year Built

Built in 1973

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Ad Number: 2066939781
  • Inclusions: All appliances including washer and dryer
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024129
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 640.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: Front, street level
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 734.38
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Covered, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Picnic Area, Gym/Ex Room, Recreation Room, Guard, Controlled Access
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Villas
  • Phone: 213-465-4858
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Apple Tree Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 73473.00
  • Lot Size Acres: 1.6867

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73473.0000 Square Feet
  • Number Of Units In Community: 175
  • Number Of Units Total: 175

Tax Info

  • Tax Census Tract: 2118.02
  • Tax Lot: 1
  • Tax Tract Number: 23356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Feb 27, 2024
Sold by
Burnago Aleksandr
Bought by
Seo Jung Eun
Seller's Agent
Ekaterina Egorova
NextHome Grandview
Buyer's Agent
Salvador Monteon
Luxury Collective
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Views
168
Current Estimated Value
$430,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,525
Avg. Annual Appreciation
-5.76%
Original Mortgage
$376,000
Outstanding Balance
$370,110
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$60,365

Purchase Details

Closed on
Aug 29, 2023
Sold by
Burnago and Aleksandr
Bought by
Burnago Aleksandr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2023
Sold by
Securitized Asset Backed Receivables Llc
Bought by
Burnago Aleksandr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2023
Sold by
Quality Loan Service Corporation
Bought by
Securitized Asset Backed Receivables Llc Trus

Purchase Details

Closed on
Sep 2, 2003
Sold by
Lewis Anthony W and Sansur Marlene
Bought by
Akmatova Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1994
Sold by
Federal National Mortgage Association
Bought by
Lewis Anthony W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,160
Interest Rate
8.65%
Mortgage Type
Assumption

Purchase Details

Closed on
Mar 24, 1994
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa and American Svgs Bank
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
Seo Jung Eun $470,000 Stewart Title Of California In
Burnago Aleksandr -- Servicelink
Burnago Aleksandr $345,000 Servicelink
Securitized Asset Backed Receivables Llc Trus $316,400 --
Akmatova Svetlana $140,000 Ticor Title Company
Lewis Anthony W $58,000 Southland Title Corporation
American Svgs Bank Fa $54,861 Stewart Title
Federal National Mortgage Association -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seo Jung Eun $376,000
Previous Owner Burnago Aleksandr $200,000
Previous Owner Akmatova Svetlana $78,800
Previous Owner Akmatova Svetlana $188,000
Previous Owner Akmatova Svetlana $47,000
Previous Owner Akmatova Svetlana $180,000
Previous Owner Akmatova Svetlana $112,000
Previous Owner Lewis Anthony W $89,250
Previous Owner Lewis Anthony W $70,451
Previous Owner Lewis Anthony W $59,160
Closed Akmatova Svetlana $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $470,000 +4.4% $734 / Sq Ft
02/07/2024 02/07/24 For Sale $450,000 0.0% $703 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/18/2023 12/18/23 For Sale $450,000 -- $703 / 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 $4,225 $479,400 $376,992 $102,408
2024 $4,225 $345,000 $272,500 $72,500
2023 $2,300 $191,302 $54,651 $136,651
2022 $2,194 $187,552 $53,580 $133,972
2021 $2,160 $183,876 $52,530 $131,346
2019 $2,093 $178,424 $50,973 $127,451
2018 $2,085 $174,926 $49,974 $124,952
2016 $1,987 $168,135 $48,035 $120,100
2015 $1,958 $165,610 $47,314 $118,296
2014 $1,971 $162,367 $46,388 $115,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23225669

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-129