NOT LISTED FOR SALE

Estimated Value: $608,000 - $682,000

2 Beds
2 Baths
948 Sq Ft
$438/mo HOA Fee

Last Sold May 29, 2024

Last sale price $661,000 $697 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,594/month

15 Days on Market

Highlights

  • Steam Room
  • 24-Hour Security
  • Automatic Gate
  • Fitness Center
  • In Ground Pool
  • City Lights View

About This Home

As of May 2024

Take a look at this turn key Condominium unit in pristine condition, located in the highly sought after, Hancock Park area. with 2 bedrooms & 2 updated full baths. Kitchen with dining area and breakfast bar, granite countertops & plenty of cabinets., for those who enjoy spending time in the kitchen preparing delicious meals. The inviting living room area with fireplace has a sliding glass door that opens to a balcony to enjoy those cozy evenings and bright days. As you step inside, the high ceilings create a bright feel, to relax and entertain. Primary bedroom with en-suite full bath, his and hers sink, large walk-in closet & linen cabinet. Recessed lighting throughout. High-end amenities at this resort-style complex. Roof-top Pool, Hot Tub, sun deck with a 360 degree views. Large inviting lobby area. Fitness Center, Sauna and Shower. 24 hours security guard & property management on site. Plenty of guest parking, and 2 assigned tandem parking spaces. On-site janitorial crew. Centrally located in the historic Hancock Park and Koreatown areas. Close distance to Metro Station, Eateries, Shops, Wilshire Corridor, DTLA, Paramount Studios, famous Larchmont Village, Hollywood, Beverly Hills, the Grove. Surveillance cameras throughout. Engineered water proof newer laminated/wood floors. Walk Score 97, Transit Score 78, Bike Score 64.

Last Agent to Sell the Property

Maria Gomez

Coldwell Banker Realty License #01206447 Listed on: 03/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Mahan Taleshpour

Real Broker License #02050744

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,947

Year Built

  • Built in 1990

Lot Details

  • 1.18

HOA Fees

  • $438 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 948 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 2 Covered Spaces
  • Tandem Parking
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5504-028-064

Community Details

Overview

  • 164 Units

Amenities

  • Steam Room
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,947

Year Built

Built in 1990

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Gramercy Place HOA
  • Entry Floor: 2
  • Living Area: 948
  • Lot Acreage: 1.1832
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Elevator, Garbage Disposal, Microwave
  • Price Per S Q F T: 705.70

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: City, City Lights, Mountains, Trees/Woods
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Carbon Monoxide Detector(s), Gated Community with Guard, Smoke Detector, Fire and Smoke Detection System, Resident Manager

Association/Amenities

  • Amenities: Assoc Pet Rules, Elevator, Gated Community Guard, Exercise Room, Controlled Access, Security, Guest Parking, Gated Parking, Spa, Steam Room, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 438.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5504-028-064
  • Lot Size Area: 51539

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 22, 2024
Sold by
Gomez Maria C and Gomez Dario C
Bought by
Khan Joshua
Seller's Agent
Maria Gomez
Coldwell Banker Realty
Buyer's Agent
Mahan Taleshpour
Real Broker
List Price
$669,000
Sold Price
$661,000
Premium/Discount to List
-$8,000
-1.2%
Views
27
Current Estimated Value
$638,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,697
Avg. Annual Appreciation
-1.27%
Original Mortgage
$622,250
Outstanding Balance
$614,973
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$35,931

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 23, 2021
Sold by
Yum James K
Bought by
Gomez Maria C and Gomez Dario C
Seller's Agent
David Yum
WIN Realty & Properties
Buyer's Agent
Maria Gomez
Coldwell Banker Realty
List Price
$629,000
Sold Price
$635,000
Premium/Discount to List
$6,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%

Purchase Details

Listed on
Oct 11, 2021
Closed on
Nov 22, 2021
Sold by
Rodriguez Ariatna
Bought by
Gomez Dario C
Seller's Agent
David Yum
WIN Realty & Properties
Buyer's Agent
Maria Gomez
Coldwell Banker Realty
List Price
$629,000
Sold Price
$635,000
Premium/Discount to List
$6,000
0.95%

Purchase Details

Closed on
Jun 12, 2017
Sold by
Joven Ardenes S
Bought by
Yum James K

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
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2008
Sold by
Act Properties Llc
Bought by
Joven Ardenes S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2008
Sold by
Kim Sang Yong
Bought by
Act Properties Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Kim Sang Yong
Bought by
Kim Gramercy Trust

Purchase Details

Closed on
Sep 30, 2005
Sold by
Kim Jae Sook
Bought by
Kim Sang Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 1, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Kim Sang Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,200
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving
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
Khan Joshua $661,000 Equity Title Company
Gomez Maria C $635,000 Provident Title Company
Gomez Dario C -- Provident Title Company
Yum James K $495,000 Provident Title Company
Joven Ardenes S $350,000 Lsi
Act Properties Llc $285,128 None Available
Kim Gramercy Trust -- None Available
Kim Sang Yong -- Stewart Title Of Ca Inc
Kim Sang Yong $502,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Joshua $622,250
Previous Owner Yum James K $344,200
Previous Owner Yum James K $355,000
Previous Owner Yum James K $370,000
Previous Owner Joven Ardenes S $265,000
Previous Owner Joven Ardenes S $280,000
Previous Owner Kim Sang Yong $495,000
Previous Owner Kim Sang Yong $50,200
Previous Owner Kim Sang Yong $401,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $661,000 -1.2% $697 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $669,000 +5.4% $706 / Sq Ft
12/03/2021 12/03/21 Sold $635,000 +1.0% $670 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $629,000 -- $664 / 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 $7,947 $674,220 $431,766 $242,454
2024 $7,947 $660,653 $451,117 $209,536
2023 $7,793 $647,700 $442,272 $205,428
2022 $7,428 $635,000 $433,600 $201,400
2021 $6,213 $520,331 $344,996 $175,335
2019 $6,025 $504,900 $334,764 $170,136
2018 $6,509 $495,000 $328,200 $166,800
2016 $4,617 $380,732 $196,783 $183,949
2015 $4,549 $375,014 $193,828 $181,186
2014 $4,570 $367,669 $190,032 $177,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-373205

The MLS

APN: 5504-028-064