NOT LISTED FOR SALE

Estimated Value: $619,000 - $695,000

2 Beds
2 Baths
1,348 Sq Ft
$1,026/mo HOA Fee

Last Sold November 15, 2021

Last sale price $555,000 $412 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,113/month

151 Days on Market

Highlights

  • Fitness Center
  • Spa
  • 2.84 Acre Lot
  • 24-Hour Security
  • City Lights View
  • Open Floorplan

About This Home

As of November 2021

Welcome to city living in the second largest city in America! Although in the middle of the city, this property offers a one of a kind urban-suburban oasis. This spacious and stunning property contains 2 bedrooms/2 baths and a balcony, with sweeping views of the Downtown Los Angeles skyline and the legendary Hollywood sign. The amenities in the building contain a pool, hot tub, fitness center, and plenty of communal space both indoors and outdoors, including a dog park. The property also comes with two parking spaces. Centrally located in the middle of a light rail/train network that traverses the entire city. Located in the most walkable neighborhood in LA (walking score: 95), it is just steps from world-class culture at the "Broadway of the West," including the Walt Disney Concert Hall, Dorothy Chandler Pavilion, Mark Taper Forum, and the Ahmanson Theatre, as well as museums like the world-famous Broad and the Museum of Contemporary Art (MOCA). Walking distance to some of the best dining experiences in the country, as well as the best nightlife and shopping in Los Angeles. Conveniently located next to sports and entertainment venues such as Staples Center and Dodger Stadium, where you can experience the Los Angeles Lakers, the Los Angeles Clippers, the Los Angeles Dodgers, and the Los Angeles Kings. This is the entertainment capital of the world!

Last Agent to Sell the Property

Franco Abusleme

Keller Williams North Valley License #01962945 Listed on: 05/27/2021

Keller Williams North Valley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,234

Year Built

  • Built in 1982

Lot Details

  • 2.84

HOA Fees

  • $1,026 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Interior Spaces

  • 1,348 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Pool

  • Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Location

  • Urban Location
  • Suburban Location

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39578
  • Assessor Parcel Number 5151016070

Community Details

Overview

  • 135 Units
  • Promenade West Association, Phone Number (213) 617-0262

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa
  • Dog Park

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,234

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,026 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: 818 624 3148
  • Other Phone Number: 818 624 3148
  • Property Attached: Yes
  • Security: 24 Hour Security
  • View: Yes
  • Zoning: LAR5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5151016070
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1348.00 Square Feet
  • Interior Amenities: Balcony, Dry Bar, Open Floorplan, Pantry
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 411.72
  • Room Type: Master Bathroom, Master Bedroom
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Neighborhood
  • Patio And Porch Features: Patio
  • Pool Features: Association, Fenced
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Dog Park, Gym/Ex Room, Meeting Room, Security
  • Association Fee: 1026.00
  • Association Fee Frequency: Monthly
  • Association Name: Promenade West
  • Phone: 213 617 0262
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Street Lights, Suburban, Urban
  • Association Management: Promenade West

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 123895.00
  • Lot Size Acres: 2.8442

Multi Family

  • Lease Considered: No
  • Lot Size Area: 123895.0000 Square Feet
  • Number Of Units In Community: 135
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2075.01
  • Tax Lot: 1
  • Tax Tract Number: 39578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2023
Sold by
Byoun David Lee and Byoun Regina Heekyung
Bought by
Byun Family Trust and Byoun
Current Estimated Value
$636,367

Purchase Details

Closed on
Jan 31, 2022
Sold by
Lee Byun David
Bought by
Byun Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2021
Closed on
Nov 1, 2021
Sold by
Abusleme Monica and Jamarne Jean Paul
Bought by
Byun Regina and Byun Justin
Seller's Agent
Franco Abusleme
Keller Williams North Valley
List Price
$599,999
Sold Price
$555,000
Premium/Discount to List
-$44,999
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 25, 2021
Sold by
Lee Byoun David
Bought by
Byun Regina
Seller's Agent
Franco Abusleme
Keller Williams North Valley
List Price
$599,999
Sold Price
$555,000
Premium/Discount to List
-$44,999
-7.5%

Purchase Details

Listed on
Dec 4, 2015
Closed on
Apr 5, 2016
Sold by
Bank Of America Na
Bought by
Abusleme Monica and Jamame Jean Paul
Seller's Agent
Shah Noorvash
Coldwell Banker Realty
Buyer's Agent
Gianfranco Abusleme
List Price
$499,980
Sold Price
$520,000
Premium/Discount to List
$20,020
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1998
Sold by
Sherwood Francis J
Bought by
Sherwood Francis J and The Francis J Sherwood 1988 Revocable Tr

Purchase Details

Closed on
Jul 24, 1998
Sold by
Bank Of America National Tr & Svgs Assn
Bought by
Sherwood Francis J

Purchase Details

Closed on
Apr 16, 1996
Sold by
Wells Fargo Bank Na
Bought by
Bank Of America National Tr & Svgs Assn and Francis J Sherwood Revocable Trust
Source: Public Records

Range of Values:

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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
Byun Family Trust -- None Listed On Document
Byoun David Lee -- None Listed On Document
Byun Regina -- Chicago Title
Byun Regina $555,000 Chicago Title Company
Byun Regina -- Chicago Title
Abusleme Monica $520,000 Fatcola
Sherwood Francis J -- --
Sherwood Francis J -- Old Republic Title Company
Bank Of America National Tr & Svgs Assn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Byun Regina $725,000
Previous Owner Abusleme Monica $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $555,000 -0.9% $412 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
07/21/2021 07/21/21 Price Changed $559,999 -6.7% $415 / Sq Ft
05/27/2021 05/27/21 For Sale $599,999 +15.4% $445 / Sq Ft
04/11/2016 04/11/16 Sold $520,000 +4.0% $386 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $499,980 -3.9% $371 / Sq Ft
02/02/2016 02/02/16 Off Market $520,000 -- --
12/04/2015 12/04/15 For Sale $499,980 -- $371 / 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 $7,234 $588,969 $353,382 $235,587
2024 $7,234 $577,421 $346,453 $230,968
2023 $7,093 $566,100 $339,660 $226,440
2022 $6,764 $555,000 $333,000 $222,000
2021 $6,878 $568,691 $255,255 $313,436
2019 $6,668 $551,826 $247,685 $304,141
2018 $6,649 $541,007 $242,829 $298,178
2016 $6,624 $536,000 $214,000 $322,000
2015 $5,451 $438,000 $175,000 $263,000
2014 $5,433 $426,000 $170,000 $256,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21112775

California Regional Multiple Listing Service (CRMLS)

APN: 5151-016-070