NOT LISTED FOR SALE

818 S Lucerne Blvd Unit 302 Los Angeles, CA 90005

Miracle Mile Neighborhood

Estimated Value: $760,000 - $816,000

2 Beds
2 Baths
1,399 Sq Ft
$305/mo HOA Fee

Last Sold August 21, 2014

Last sale price $500,000 $357 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,076/month

65 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Neighborhood Views
  • Queen Anne Place Elementary Rated 9+
  • L-Shaped Dining Room
  • 4-minute walk to Harold A Henry Park

About This Home

As of August 2014

GREAT LOCATION!!! GREAT CONDO!!! Desirable 13 unit condo complex conveniently located in the historic Windsor Village Area of Hancock Park. Easy access to Korea Town and to downtown Los Angeles beyond. This top floor, corner unit is bright & spacious with 2 large bedrooms, 2 bathrooms and a fantastic & versatile open floor plan. All rooms include laminate wood floors, while the bathrooms sparkle with custom tile work. The large bright kitchen has lots of cabinet / counter space and a utility / breakfast bar. The balcony is accessed from the dining area. Lots of wall space to accommodate your furniture and hanging art.

Enter the complex through the cozy lobby with elevator that services the subterranean garage and the three levels of housing. There is a common laundry room conveniently located on each level.

Last Agent to Sell the Property

Michael Foster

Estate Properties License #01320054 Listed on: 05/18/2014

Estate Properties

Co-Listed By

Nadia Foster

Estate Properties License #01300216

Last Buyer's Agent

Brian Reed

Engel & Völkers La Canada License #01891779

Engel & Völkers La Canada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,143

Year Built

  • Built in 1965

Lot Details

  • 0.26

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Controlled Entrance

Interior Spaces

  • 1,399 Sq Ft Home
  • 3-Story Property
  • Living Room
  • L-Shaped Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37409
  • Assessor Parcel Number 5090029088

Community Details

Overview

  • 13 Units

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,143

Year Built

Built in 1965

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Ad Number: 31102330
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5090029088
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1399.00
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Levels: One
  • Price Per Square Foot: 357.40
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Controlled Entrance, Garage Door Opener, Gated, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sewer, Trash
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Size Sq Ft: 11207.00
  • Lot Size Acres: 0.2570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11207.0000 Square Feet
  • Number Of Units In Community: 13
  • Number Of Units Total: 13

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 37409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2014
Closed on
Aug 11, 2014
Sold by
Kim Jay Jooil
Bought by
Brel Bogdan Florin and Brel Heather M
Seller's Agent
Michael Foster
Estate Properties
Buyer's Agent
Brian Reed
Engel & Völkers La Canada
List Price
$524,900
Sold Price
$500,000
Premium/Discount to List
-$24,900
-4.74%
Current Estimated Value
$787,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,062
Avg. Annual Appreciation
4.15%
Original Mortgage
$400,000
Outstanding Balance
$299,316
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$487,746

Purchase Details

Listed on
May 18, 2014
Closed on
Aug 1, 2014
Sold by
Petrescu Cristian Gabriel
Bought by
Brell Aurora
Seller's Agent
Michael Foster
Estate Properties
Buyer's Agent
Brian Reed
Engel & Völkers La Canada
List Price
$524,900
Sold Price
$500,000
Premium/Discount to List
-$24,900
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$299,316
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$487,746

Purchase Details

Closed on
Nov 16, 2006
Sold by
Kim Joo
Bought by
Kim Jay Jooil

Purchase Details

Closed on
Sep 17, 2003
Sold by
Kim Ann Youngah
Bought by
Kim Joo Il

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
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Oh Eun Sun
Bought by
Kim Joo Il

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
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Lee Seung Kwan
Bought by
Oh Eun Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.95%

Purchase Details

Closed on
May 14, 2001
Sold by
Mekonnen Samuel A and Jemberu Amsalework A
Bought by
Lee Seung Kwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
7.14%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 22, 1993
Sold by
California Commerce Bank
Bought by
Mekonnen Samuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.99%
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
Brel Bogdan Florin $500,000 Progressive
Brell Aurora -- Progressive
Kim Jay Jooil -- None Available
Kim Joo Il -- Chicago Title Co
Kim Joo Il $370,000 Chicago Title Co
Oh Eun Sun $270,000 Chicago Title Co
Lee Seung Kwan $249,000 First American Title
Mekonnen Samuel A $135,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brel Bogdan Florin $400,000
Previous Owner Kim Joo Il $280,000
Previous Owner Oh Eun Sun $256,500
Previous Owner Lee Seung Kwan $249,000
Previous Owner Mekonnen Samuel A $108,000
Closed Kim Joo Il $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2014 08/21/14 Sold $500,000 0.0% $357 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
07/14/2014 07/14/14 Price Changed $499,900 -4.8% $357 / Sq Ft
05/18/2014 05/18/14 For Sale $524,900 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,143 $600,915 $473,044 $127,871
2024 $7,143 $589,133 $463,769 $125,364
2023 $7,007 $577,582 $454,676 $122,906
2022 $6,681 $566,258 $445,761 $120,497
2021 $6,591 $555,156 $437,021 $118,135
2019 $6,391 $538,691 $424,059 $114,632
2018 $6,363 $528,130 $415,745 $112,385
2016 $6,075 $507,624 $399,602 $108,022
2015 $6,002 $500,000 $393,600 $106,400
2014 $5,349 $429,130 $192,529 $236,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14102984

California Regional Multiple Listing Service (CRMLS)

APN: 5090-029-088