NOT LISTED FOR SALE

Hancock Park Place Apartments 620 S Gramercy Place Unit 225 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $535,000 - $637,000

2 Beds
2 Baths
920 Sq Ft
$318/mo HOA Fee

Last Sold July 11, 2017

Last sale price $511,000 $555 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,066/month

57 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 51,475 Sq Ft lot
  • 24-Hour Security
  • Gated Parking
  • Living Room with Fireplace

About This Home

As of July 2017

Customized luxury living including newly renovated fitness room and sauna, rooftop swimming pool and jacuzzi w/ views of downtown and Hollywood hills. On site management and security guard with gated parking garage. Walking distance to Wilshire/Western metro station. Close to shopping, restaurants, and nightlife. Living room w/ fireplace, stainless steel appliances, and a private balcony.

Last Agent to Sell the Property

Edward Park

Wilshire Metro Realty, Inc. License #01463709 Listed on: 04/06/2017

Last Buyer's Agent

Claudia Arriola

RE/MAX Dynasty License #01513249

RE/MAX Dynasty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,857

Year Built

  • Built in 1990

Lot Details

  • 1.18

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 920 Sq Ft Home
  • Living Room with Fireplace
  • Carpet
  • Laundry Located Outside
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Gated Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5504-028-087

Community Details

Overview

  • 164 Units
  • Low-Rise Condominium

Amenities

  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,857

Year Built

Built in 1990

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Advertising Remarks: For showing Call or text for quick response to Edward Park 213.308.4989 condonloft@gmail.com
  • Complex Name: Gramercy Place
  • Entry Floor: 2
  • Living Area: 920
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1990
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • 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: Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 560.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Gated Underground

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Community

Association/Amenities

  • Amenities: Elevator, Fitness Center, Gated Parking, Pool, Sauna, Security

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 318.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5504-028-087
  • Geocode Override: No
  • Lot Size Area: 51475

Multi Family

  • Number Of Units: 164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 8, 2017
Sold by
Bh Main Llc
Bought by
Perez Brenda
Seller's Agent
Edward Park
Wilshire Metro Realty, Inc.
Buyer's Agent
Claudia Arriola
RE/MAX Dynasty
List Price
$506,000
Sold Price
$511,000
Premium/Discount to List
$5,000
0.99%
Current Estimated Value
$601,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,474
Avg. Annual Appreciation
2.01%
Original Mortgage
$408,800
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2013
Sold by
Hur Hoon Do
Bought by
Bh Main Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2013
Closed on
May 8, 2013
Sold by
Ro Andrew
Bought by
Hur Hoondo
Seller's Agent
Young Shin
California USA Realty
Buyer's Agent
GREG TREIHART
CALIFORNIA USA REALTY
List Price
$190,000
Sold Price
$260,000
Premium/Discount to List
$70,000
36.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Sep 7, 2005
Sold by
Gts Property Los Angeles Inc
Bought by
Ro Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
1.95%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Perez Brenda $511,000 Provident Title Company
Bh Main Llc -- None Available
Hur Hoon Do -- Provident Title Company
Hur Hoondo $260,000 Lawyers Title
Ro Andrew $492,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Brenda $317,000
Closed Perez Brenda $408,800
Previous Owner Hur Hoon Do $195,000
Previous Owner Ro Andrew $440,000
Previous Owner Ro Andrew $393,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2017 07/11/17 Sold $511,000 -1.0% $555 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/27/2017 05/27/17 Price Changed $516,000 +2.0% $561 / Sq Ft
04/06/2017 04/06/17 For Sale $506,000 +94.6% $550 / Sq Ft
06/04/2013 06/04/13 Sold $260,000 +36.8% $283 / Sq Ft
03/17/2013 03/17/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $190,000 -- $207 / 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 $6,857 $581,426 $396,531 $184,895
2024 $6,857 $570,026 $388,756 $181,270
2023 $6,725 $558,850 $381,134 $177,716
2022 $6,410 $547,893 $373,661 $174,232
2021 $6,327 $537,151 $366,335 $170,816
2019 $6,133 $521,220 $355,470 $165,750
2018 $6,120 $511,000 $348,500 $162,500
2016 $3,301 $270,460 $208,047 $62,413
2015 $3,253 $266,398 $204,922 $61,476
2014 $3,271 $261,180 $200,908 $60,272
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Edward Park

    Wilshire Metro Realty, Inc.

    (213) 308-4989

    8 Total Sales

    Edward Park
    Section Image
  • Claudia Arriola

    Buyer's Agent in 2017

    Claudia Arriola

    RE/MAX Dynasty

    (562) 698-8454

    18 Total Sales

    Claudia Arriola
    Section Image

  • Y

    Seller's Agent in 2013

    Young Shin

    California USA Realty

    Section Image
  • GREG TREIHART

    Buyer's Agent in 2013

    GREG TREIHART

    CALIFORNIA USA REALTY

    (951) 515-1886

    10 Total Sales

    GREG TREIHART
    Section Image
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About Hancock Park Place Apartments

Map

Source: The MLS

MLS Number: 17-218512

The MLS

APN: 5504-028-087

California Los Angeles County Los Angeles 90005 Koreatown

620 S Gramercy Place Unit 225, Los Angeles, CA

This home is located at 620 S Gramercy Place Unit 225, Los Angeles, CA 90005 since 06 April 2017 and is currently estimated at $601,474, approximately $653 per square foot. This property was built in 1990. 620 S Gramercy Place Unit 225 is a home located in Los Angeles County with nearby schools including Wilshire Park Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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