NOT LISTED FOR SALE

875 5th Ave Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $1,660,000 - $2,073,725

5 Beds
3 Baths
2,950 Sq Ft
$631/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2019

Last sale price $1,290,000 $437 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,424 / mo

398 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Views
  • Colonial Architecture
  • No HOA
  • Laundry Room

About This Home

As of April 2019

LISTING ACTIVE. DO NOT CONTACT SELLER DIRECTLY!!! BIG PRICE REDUCTION! Beautiful colonial home in Wilshire Park HPOZ. Approximately 10.677 sqft lot. Large 5 bed/ 3 bathroom with many original interior details. Great opportunity for a fantastic investment to flip or own in this fabulous neighborhood. Showing appt is required.

Last Agent to Sell the Property

Boyoung Im

Mega Realty License #01411399 Listed on: 02/02/2018

Last Buyer's Agent

Boyoung Im

Mega Realty License #01411399 Listed on: 02/02/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1919

Lot Details

  • 10,664 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Disposal
  • Property Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 5 Parking Spaces
  • Carport
  • Gated Parking

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5092-015-014

Home Details

Home Type

Single Family

Year Built

Built in 1919

Lot Details

10,664 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Colonial
  • Street Number Display: Yes
  • Living Area: 2950
  • Stories: 2
  • Year Built: 1919
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Gas Dryer Hookup, Hood Fan
  • Price Per S Q F T: 437.29

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Gated
  • Total Parking: 5

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5092-015-014
  • Geocode Override: No
  • Lot Size Area: 10664

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Apr 2, 2019
Sold by
Choi Sang Soon
Bought by
Choi Simon Joonam
Seller's Agent
Boyoung Im
Mega Realty
Buyer's Agent
Boyoung Im
Mega Realty
List Price
$1,290,000
Sold Price
$1,290,000
Current Estimated Value
$1,835,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,188
Avg. Annual Appreciation
5.24%
Original Mortgage
$903,000
Outstanding Balance
$792,274
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,068,407

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 28, 2019
Sold by
Jeong Grace Soonwha and Estate Of Janson Minsu Hwang
Bought by
Choi Simon Joonam
Seller's Agent
Boyoung Im
Mega Realty
Buyer's Agent
Boyoung Im
Mega Realty
List Price
$1,290,000
Sold Price
$1,290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,000
Outstanding Balance
$792,274
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$1,068,407

Purchase Details

Closed on
Oct 17, 2013
Sold by
Hwang Sung Il
Bought by
Hwang Jason

Purchase Details

Closed on
Apr 18, 2008
Sold by
Hwang Sung Il
Bought by
Hwang Jason

Purchase Details

Closed on
Nov 26, 2007
Sold by
Hwang Jason
Bought by
Hwang Jason and Hwang Sung Il

Purchase Details

Closed on
Mar 12, 2007
Sold by
Hwang Jason M
Bought by
Hwang Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$899,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Yoo Sung and Whang Hyun Seon
Bought by
Hwang Jason M

Purchase Details

Closed on
Apr 14, 2004
Sold by
Park Soon
Bought by
Yoo Sung Il and Whang Hyun Seon

Purchase Details

Closed on
Nov 16, 2001
Sold by
Song John and Park Eun Sook
Bought by
Park Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
6.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 19, 2000
Sold by
Park Eun Sook
Bought by
Song John In Hak and Park Eun Sook

Purchase Details

Closed on
Feb 23, 1998
Sold by
Song John I
Bought by
Park Eun Sook

Purchase Details

Closed on
May 26, 1994
Sold by
Chung Jin Moo and Chung Im Soon
Bought by
Song John In Hak and Park Eun Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.3%
Source: Public Records

Range of Values:

--
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Choi Simon Joonam -- Provident Title Company
Choi Simon Joonam $1,290,000 Provident Title Company
Hwang Jason -- None Available
Hwang Jason -- None Available
Hwang Jason -- None Available
Hwang Jason -- Stewart Title Company
Hwang Jason M -- None Available
Yoo Sung Il -- --
Park Soon $595,000 South Coast Title Company
Park Soon -- South Coast Title Company
Song John In Hak -- --
Park Eun Sook -- --
Song John In Hak $330,000 --
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 Choi Simon Joonam $903,000
Previous Owner Hwang Jason $899,500
Previous Owner Park Soon $446,250
Previous Owner Song John In Hak $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2019 04/04/19 Sold $1,290,000 0.0% $437 / Sq Ft
05/14/2018 05/14/18 Off Market $1,290,000 -- --
05/12/2018 05/12/18 For Sale $1,290,000 0.0% $437 / Sq Ft
04/23/2018 04/23/18 Off Market $1,290,000 -- --
04/23/2018 04/23/18 For Sale $1,290,000 0.0% $437 / Sq Ft
04/13/2018 04/13/18 Off Market $1,290,000 -- --
03/26/2018 03/26/18 Price Changed $1,290,000 -13.4% $437 / Sq Ft
02/16/2018 02/16/18 Price Changed $1,490,000 -3.9% $505 / Sq Ft
02/02/2018 02/02/18 For Sale $1,550,000 -- $525 / Sq Ft
Source: The MLS

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 $17,675 $1,439,014 $825,481 $613,533
2024 $17,498 $1,410,799 $809,296 $601,503
2023 $17,166 $1,383,137 $793,428 $589,709
2022 $16,379 $1,356,018 $777,871 $578,147
2021 $16,172 $1,329,430 $762,619 $566,811
2019 $15,272 $1,261,091 $1,008,875 $252,216
2018 $15,058 $1,236,365 $989,094 $247,271
2016 $14,390 $1,188,357 $950,687 $237,670
2015 $14,179 $1,170,507 $936,407 $234,100
2014 $12,674 $1,020,300 $816,200 $204,100
Source: Public Records

Agents Affiliated with this Home

  • Boyoung Im

    Seller's Agent in 2019

    Boyoung Im

    RE/MAX

    (213) 284-2929

    4 in this area

    8 Total Sales

    Boyoung Im
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Map

Source: The MLS

MLS Number: 18-309766

The MLS

APN: 5092-015-014

California Los Angeles County Los Angeles 90005 Koreatown

875 5th Ave, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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