NOT LISTED FOR SALE

Estimated Value: $2,501,824 - $3,277,000

4 Beds
3.5 Baths
3,246 Sq Ft
$873/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $2,805,000 $864 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $16,497/month

115 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Primary Bedroom Suite
  • Third Street Elementary School Rated A
  • Gourmet Kitchen
  • Automatic Gate

About This Home

As of August 2024

Prime Hancock Park Location! This stunning one-story, 4-bedroom, 4-bathroom home sits in the heart of Hancock Park. It boasts a brand-new roof, fresh paint, and recently upgraded and remodeled bathrooms in most areas. Moreover, there is a recreation room on top of the garages about 567 square feet. The modern open floor plan floods the space with natural light, highlighting the elegant hardwood floors throughout. The wrap-around lot and secluded yards are lush with greenery, offering a private oasis. The expansive living room features a newly raised fireplace adorned with floor-to-ceiling stone, creating a captivating focal point. The gourmet kitchen is tastefully appointed with modern fixtures, including a large island, granite countertops, hardwood cabinets, and stainless steel appliances. Skylights dot the ceilings, inviting even more sunlight into the interiors. The master suite is a retreat unto itself, boasting a spacious bedroom with a walk-in closet and a newly remodeled bathroom complete with double sinks, a sensor tankless toilet, and a luxurious spa-like bath with a separate tub and shower. Additionally, there are extra spaces, such as a recreation room above the two-car garage, providing an ideal space for entertainment, games, or a playroom for the kids. It overlooks the sizable rectangular swimming pool and adjacent shower room. Nestled amidst multi-million-dollar neighborhoods, this home is conveniently situated near Larchmont Village, Wilshire Country Club, Koreatown, DTLA, the Grove, Beverly Hills, and public transit. Experience luxurious living in a tranquil setting away from high-traffic areas. There is Fully Paid Solar Panels and a Tesla Wall Charger ready for use.

Last Agent to Sell the Property

Audrey Jung

B & B Investment Properties License #01400834 Listed on: 04/15/2024

Last Buyer's Agent

Basya Gradon

Compass License #01893478

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,159

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 10,356 Sq Ft Lot
  • Lot Dimensions are 60x175
  • East Facing Home
  • Fenced Yard
  • Back Yard
  • Property is zoned LARE9

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Brick Driveway
  • Automatic Gate
  • On-Street Parking

Property Views

  • Woods
  • Pool

Home Design

  • Garden Home
  • Turnkey
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,246 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Skylights in Kitchen
  • Gas Fireplace
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Solar Power System
  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5507-018-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,159

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Garden Home
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3246
  • Lot Acreage: 0.2377
  • Lot Dimensions: 60x175
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan, Turnkey, Laundry - Closet Stacked, Crown Moldings
  • Fireplace Rooms: Living Room, Family Room, Gas
  • Flooring: Hardwood, Tile, Carpet
  • Appliances: Cooktop - Gas, Double Oven, Microwave, Range Hood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, WalkInCloset, Main Floor Bedroom, Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Remodeled, Low Flow Toilet(s), Shower Stall, Shower and Tub, Tile
  • Three Quarter Bathrooms: 1
  • Eating Areas: In Kitchen, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Granite Counters, Island, Gourmet Kitchen, Open to Family Room, Remodeled, Skylight(s)
  • Laundry: Room, Inside
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Washer, Range/Oven, Refrigerator, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 985.52
  • Windows: Skylights

Exterior Features

  • Direction Faces: East
  • Construction: Brick
  • Other Features: Double Door Entry, Sliding Glass Doors
  • Other Structures: Other
  • Pool Description: In Ground
  • Pool: Yes
  • Roof: Shingle
  • Spa Yn: No
  • View: Pool, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Auto Driveway Gate, Garage - 2 Car, Garage Is Detached, Gated, Driveway - Brick, Driveway - Concrete, Parking Space, On street
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central, Fireplace
  • Security: Gated, Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5507-018-030
  • Lot Description: Automatic Gate, Fenced Yard, Back Yard, Fenced
  • Lot Size Area: 10356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Aug 20, 2024
Sold by
Hong Chris Yong and Park Jamie M
Bought by
Asher Jacob and Asher Rachel
Seller's Agent
Audrey Jung
B & B Investment Properties
Buyer's Agent
Basya Gradon
Compass
List Price
$3,199,000
Sold Price
$2,805,000
Premium/Discount to List
-$394,000
-12.32%
Views
77
Current Estimated Value
$2,832,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,706
Avg. Annual Appreciation
0.84%
Original Mortgage
$2,244,000
Outstanding Balance
$2,218,704
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$614,002

Purchase Details

Closed on
Mar 20, 2018
Sold by
Hong Chris Yong and Park Jamie M
Bought by
Hong Chris Yong and Park Jamie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,243,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2014
Sold by
Kim Jae Ho
Bought by
Hong Yong and Park Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2005
Sold by
Godsi Aslan Ronita
Bought by
Kim Jae Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,245,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 13, 2004
Sold by
Aslan Charles
Bought by
Godsi Aslan Ronita

Purchase Details

Closed on
Jun 24, 2002
Sold by
Aslan Charles
Bought by
Godsi Aslan Ronita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.86%

Purchase Details

Closed on
Dec 28, 2000
Sold by
Kendig Ellsworth H and Kendig Donita Rae
Bought by
Aslan Charles and Godsi Aslan Bonita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
7.25%
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
Asher Jacob $2,805,000 Pacific Coast Title Company
Hong Chris Yong -- Provident Title Company
Hong Yong $1,275,000 Chicago Title Company
Kim Jae Ho $1,660,000 Equity Title Company
Godsi Aslan Ronita -- --
Godsi Aslan Ronita -- Southland Title
Aslan Charles $660,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asher Jacob $2,244,000
Previous Owner Hong Chris Yong $1,243,000
Previous Owner Hong Yong $1,000,000
Previous Owner Kim Jae Ho $1,245,000
Previous Owner Godsi Aslan Ronita $370,000
Previous Owner Aslan Charles $369,000
Closed Godsi Aslan Ronita $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2024 08/26/24 Sold $2,805,000 -12.3% $864 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $3,199,000 -- $986 / 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 $19,159 $2,805,000 $2,551,300 $253,700
2024 $19,159 $1,532,321 $1,201,823 $330,498
2023 $18,788 $1,502,276 $1,178,258 $324,018
2022 $17,915 $1,472,820 $1,155,155 $317,665
2021 $17,685 $1,443,942 $1,132,505 $311,437
2019 $17,155 $1,401,115 $1,098,915 $302,200
2018 $16,932 $1,373,643 $1,077,368 $296,275
2016 $16,187 $1,320,305 $1,035,534 $284,771
2015 $15,951 $1,300,474 $1,019,980 $280,494
2014 $18,791 $1,511,000 $1,209,000 $302,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-379585

The MLS

APN: 5507-018-030