$399,000

Estimated payment $2,933/month

Total Views 4,033
1 Bed
1 Bath
580 Sq Ft
$688 Price per Sq Ft

Highlights

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

About This Home

Charming 1-Bedroom Condo in the Heart of Koreatown! Welcome to Park Villas – a beautifully landscaped, garden-style community ideally situated in the vibrant Koreatown and Mid-Wilshire area. This spacious 1 bedroom, 1 full bathroom condo features 580 sq.ft. of comfortable living space, all on one level. Step inside to discover beautiful wood laminate flooring, new custom window treatments, and recessed lighting throughout. The kitchen is equipped with granite countertops, a stainless steel sink, and ample cabinetry for storage. The generously sized bedroom offers a large walk-in closet, and every detail has been thoughtfully upgraded for comfort and style. Water, trash, and gas are included in the HOA, helping to keep your monthly expenses low. Enjoy the convenience of one assigned parking space in a gated subterranean garage and easy access to Metro Link, top-rated restaurants, shops, and entertainment. The well-maintained complex features resort-style amenities, including a spa, fitness center, sauna, community room, laundry facilities, and secured gated entry with on-site security cameras. Located just minutes from the Metro Station, The Wiltern Theater, Koreatown Plaza, famous Korean spas, local cafes, and plenty of shopping, this condo offers the perfect blend of comfort and convenience. Whether you're a first-time homebuyer or a savvy investor seeking rental income, this move-in-ready unit is an excellent opportunity in one of LA’s most dynamic neighborhoods. Don’t miss out—schedule your private tour today!

Listing Agent

Christina Kim

New Star Realty & Investment Brokerage Phone: 7143101765 License #02094180 Listed on: 07/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,015

Year Built

  • Built in 1973

HOA Fees

  • $389 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 580 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Courtyard Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23356
  • Assessor Parcel Number 5503024169
  • $85 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 175 Units
  • Park Villas Condo Ass. Association, Phone Number (213) 465-4858

Amenities

  • Sauna
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,015

Year Built

Built in 1973

Lot Details

0

HOA Fees

$389 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: SAM LEE
  • Other Phone Number: 310-775-0096
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024169
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 580.00 Square Feet
  • Stories: 1
  • Entry Location: /
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 687.93
  • Room Type: Kitchen, Living Room, Main Floor Primary Bedroom, Walk-In Closet

Exterior Features

  • View: Courtyard
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Sauna, Gym/Ex Room, Recreation Room, Water, Pet Rules, Maintenance Front Yard
  • Association Fee: 389.00
  • Association Fee Frequency: Monthly
  • Association Name: PARK VILLAS CONDO ASS.
  • Phone: 213-465-4858
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 73535.00
  • Lot Size Acres: 1.6881
  • Latitude Manual: 34.06499800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73535.0000 Square Feet
  • Number Of Units In Community: 175
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2118.02
  • Tax Lot: 1
  • Tax Tract Number: 23356
  • TaxOtherAnnualAssessmentAmount: 85.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,015 $419,428 $335,545 $83,883
2024 $5,015 $411,205 $328,966 $82,239
2023 $4,921 $403,143 $322,516 $80,627
2022 $4,692 $395,240 $316,193 $79,047
2021 $4,632 $387,492 $309,994 $77,498
2019 $4,492 $376,000 $300,800 $75,200
2018 $2,168 $182,138 $72,855 $109,283
2016 $2,067 $175,068 $70,027 $105,041
2015 $2,036 $172,440 $68,976 $103,464
2014 $2,050 $169,063 $67,625 $101,438
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $399,000 -- $688 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $376,000 Chicago Title Company
Grant Deed $165,001 Fidelity Van Nuys
Grant Deed $102,000 Lsi Title Company Ca
Trustee Deed $119,000 Accommodation
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- First American Title Co
Individual Deed $75,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $91,000 New Conventional
Previous Owner $186,500 Negative Amortization
Previous Owner $65,500 Credit Line Revolving
Previous Owner $68,800 Credit Line Revolving
Previous Owner $156,700 Unknown
Previous Owner $15,500 Credit Line Revolving
Previous Owner $117,000 Purchase Money Mortgage
Previous Owner $72,750 FHA
Previous Owner $23,800 Unknown
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25154670

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-169