NOT LISTED FOR SALE

629 Traction Ave Unit 509 Los Angeles, CA 90013

Downtown LA Neighborhood

Estimated Value: $919,415

2 Beds
2 Baths
1,310 Sq Ft
2007 Built

Sale Details

Date Sold: July 28, 2016

Last sale price $721,500 $551 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,574 / mo

22 Days on Market

Highlights

  • 24-Hour Security
  • Primary Bedroom Suite
  • Wood Flooring
  • Heated Pool
  • City Lights View
  • Granite Countertops

About This Home

As of July 2016

Luxury 2 bed/2bath MURA unit in the heart of LA Downtown’s Arts District. Built in 2007 with spacious open floor plan showcasing a large living room/kitchen area with an island. Unit features granite counter tops, stainless steel appliances, and washer and dryer. Large balcony in the living room provides ample natural lighting and the private balcony on the master bedroom lends an amazing view of downtown LA. One of the largest 2 bedroom units with a spectacular view of downtown. Bedrooms situated on opposite sides for maximum privacy. 2 underground secured parking spaces. Amenities include fitness center, pool, Jacuzzi, outdoor lounge with fireplace, BBQ area, 24/7 security and on-site management. One of the fastest growing areas in downtown Los Angeles. Walking vicinity to many renowned restaurants, cafes, shops and pubs. Conveniently located near metro Gold line and Little Tokyo. Don’t miss out on this great opportunity to own in this growing downtown LA market!

Last Agent to Sell the Property

Mindy Kim

Sagewood Properties License #01402568 Listed on: 04/25/2016

Last Buyer's Agent

Mindy Kim

Sagewood Properties License #01402568 Listed on: 04/25/2016

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

HOA Fees

  • $523 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Parking
  • Automatic Gate
  • Community Parking Structure

Interior Spaces

  • 1,310 Sq Ft Home
  • Wired For Data
  • Entryway
  • Combination Dining and Living Room
  • City Lights Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Accessible Parking

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Unit Details

  • 1 Common Wall
  • Landscaped

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62299
  • Assessor Parcel Number 5163008161

Community Details

Overview

  • 190 Units
  • Mura Association
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 2007

HOA Fees

$523 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator, washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: 24 Hour Security, Automatic Gate
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5163008161
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1310.00
  • Interior Amenities: Balcony, Wired for Data, Elevator, Granite Counters, Living Room Balcony, Tandem
  • Stories: 6
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: Accessible Elevator Installed, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 550.76
  • Room Type: Entry, Living Room, Master Suite
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: City Lights
  • Pool Features: Association, Heated
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pool, Spa/Hot Tub
  • Association Fee: 523.00
  • Association Fee Frequency: Monthly
  • Association Name: MURA
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 190
  • Number Of Units Total: 190

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 62299

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 9, 2016
Sold by
Ha Kevin Kwanghoon
Bought by
Seller's Agent
Mindy Kim
Sagewood Properties
Buyer's Agent
Mindy Kim
Sagewood Properties
List Price
$765,000
Sold Price
$721,500
Premium/Discount to List
-$43,500
-5.69%
Current Estimated Value
$919,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,915
Avg. Annual Appreciation
2.42%
Original Mortgage
$351,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2013
Sold by
Ha Kevin Kwanghoon
Bought by
Ha Kevin Kwanghoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2012
Sold by
Ha Kevin and Jung Hayoon
Bought by
Ha Kevin Kwanghoon

Purchase Details

Closed on
Aug 27, 2008
Sold by
Pulte Home Corp
Bought by
Ha Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown LA, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$721,500 Ticor Title Co
Ha Kevin Kwanghoon -- Arista National Title
Ha Kevin Kwanghoon -- Provident Title Company
Ha Kevin -- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $472,000
Closed Lim David $498,800
Previous Owner Lim David $351,500
Previous Owner Ha Kevin Kwanghoon $437,000
Previous Owner Ha Kevin Kwanghoon $441,000
Previous Owner Ha Kevin $467,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $721,500 -5.7% $551 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $765,000 -- $584 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,319 $854,101 $256,880 $597,221
2025 $10,319 $837,355 $251,844 $585,511
2024 $9,916 $820,937 $246,906 $574,031
2023 $9,720 $804,841 $242,065 $562,776
2022 $9,259 $789,061 $237,319 $551,742
2021 $9,143 $773,590 $232,666 $540,924
2019 $8,863 $750,647 $225,766 $524,881
2018 $8,838 $735,930 $221,340 $514,590
2016 $7,147 $598,297 $358,979 $239,318
2015 $7,041 $589,311 $353,587 $235,724
2014 $7,064 $577,768 $346,661 $231,107
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16090870

California Regional Multiple Listing Service (CRMLS)

APN: 5163-008-161

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