NOT LISTED FOR SALE

525 S La Fayette Park Place Unit 207 Los Angeles, CA 90057

Westlake Neighborhood

Estimated Value: $355,000 - $426,000

1 Bed
1 Bath
715 Sq Ft
$275/mo HOA Fee

Last Sold April 30, 2024

Last sale price $410,000 $573 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,793/month

17 Days on Market

Highlights

  • Gated Parking
  • Courtyard Views
  • Security Service
  • 0.49 Acre Lot
  • Breakfast Bar
  • 3-minute walk to Lafayette Park

About This Home

As of April 2024

Location! Location! Location! This 1 Bed + 1 Bath, open floor plan condo is within a few miles of Downtown LA and Koreatown. Minutes from great dining, popular nightlife, and recreations. The street is very wide so its great for walking with family or pets. Big park right across the street. Condo comes with 1 underground parking and secured entry. Great opportunity for owner occupancy and investors!

Last Agent to Sell the Property

Howard Choi

Circa Properties, Inc. License #02064074 Listed on: 03/25/2024

Circa Properties, Inc.

Last Buyer's Agent

Maggie Aguilar

K.W. EXECUTIVE License #02109376

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,077

Year Built

  • Built in 1979

Lot Details

  • 0.49

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Split Level Home

Interior Spaces

  • 715 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Courtyard Views
  • Security Lights

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Gated Parking

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5155-011-035

Community Details

Overview

  • Association fees include water, trash
  • 40 Units
  • Mediterranean Chateau Association

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,077

Year Built

Built in 1979

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Complex Name: Mediterranean Chateau
  • Entry Floor: 2
  • Living Area: 715
  • Lot Acreage: 0.4888
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1979
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

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
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 558.74

Exterior Features

  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Exterior Security Lights, Card/Code Access, Community

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water, Trash
  • HOA Fees: 275.00
  • Management Company: Mediterranean Chateau
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5155-011-035
  • Lot Size Area: 21291

Multi Family

  • Number Of Units: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 23, 2024
Sold by
Yuen Andrew Raymond
Bought by
Khauv Koby
Seller's Agent
Howard Choi
Circa Properties, Inc.
Buyer's Agent
Maggie Aguilar
K.W. EXECUTIVE
List Price
$399,500
Sold Price
$410,000
Premium/Discount to List
$10,500
2.63%
Views
53
Current Estimated Value
$397,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,206
Avg. Annual Appreciation
-2.91%
Original Mortgage
$328,000
Outstanding Balance
$323,585
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$71,230

Purchase Details

Closed on
May 16, 2017
Sold by
Bautista David
Bought by
Yuen Andrew Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Khauv Koby $410,000 Chicago Title Company
Yuen Andrew Raymond $298,000 Western Resources Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khauv Koby $328,000
Previous Owner Yuen Ancrew Raymond $230,570
Previous Owner Yuen Andrew Raymond $228,500
Previous Owner Yuen Andrew Raymond $238,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $410,000 +2.6% $573 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $399,500 -- $559 / 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 $4,077 $418,200 $240,006 $178,194
2024 $4,077 $339,067 $206,285 $132,782
2023 $4,000 $332,420 $202,241 $130,179
2022 $3,814 $325,903 $198,276 $127,627
2021 $3,761 $319,514 $194,389 $125,125
2019 $3,646 $310,038 $188,624 $121,414
2018 $3,632 $303,960 $184,926 $119,034
2016 $1,321 $111,967 $33,583 $78,384
2015 $1,301 $110,286 $33,079 $77,207
2014 $1,313 $108,127 $32,432 $75,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-372437

The MLS

APN: 5155-011-035